Global Medical Gases And Equipment Market Is Expected To Reach USD 10.52 Billion By 2020: Radiant Insights

RadiantInsights.com includes new market research report on “Global Medical Gases And Equipment Market Size, Share And Trends Report Up To 2020: Radiant Insights” to its huge collection of research reports.

The global market for medical gases and equipment is expected to reach USD 10.52 billion by 2020. The implementation of industry friendly regulations such as the FDA Safety and Innovation Act in the U.S. and growing patient awareness levels are expected to drive market growth over the next six years. Growing global geriatric population base coupled with increasing prevalence of target diseases such as chronic obstructive pulmonary diseases (COPD) is also expected to enhance market demand over the forecast period.

Browse full research report with TOC on “Medical Gases Market By Product (Oxygen, Nitrogen, Helium, Laser Gas, Lung Gas, Aerobic, Anaerobic Mixtures, Helium Oxygen Gas Mixtures, Medical Air, Carbon Dioxide-Oxygen, Laser Gas, Lung Gas, Ethylene Oxide), By Equipment (Manifolds, Outlets, Medical Air Compressors, Masks) Analysis And Segment Forecasts To 2020” at:
http://www.radiantinsights.com/research/medical-gases-market-by-product-oxygen-nitrogen-helium-laser-gas-lung-gas-aerobic-anaerobic-mixtures-helium-oxygen-gas-mixtures-medical-air-carbon-dioxide-oxygen-laser-gas-lung-gas-ethylene-oxide-by-equipment-manifolds-outlets-medical-air-compressors-masks-analysis-and-segment-forecasts-to-2020

Oxygen dominated the global medical pure gases market in 2013, accounting for over 44% of total revenue. Rising prevalence of patients admitted in emergency care and prevalence of patients suffering from respiratory diseases requiring the administration of oxygen are some of the factors accounting for its large market share. Nitrous oxide followed oxygen in terms of market share, accounting for over 25%. However, its market share is expected to decline by 2020, owing to the rising demand for anesthetic drugs. In addition, the medical gas mixtures market was dominated by oxygen-carbon dioxide medical gas mixtures in 2013, accounting for over 30% of revenue.

Further key findings from the study suggest:

North America dominated the overall market in 2013 with revenue estimated at USD 2.48 billion. However, Asia Pacific is expected to be the fastest growing regional market, on account of rapidly developing economies of China and India, at an estimated CAGR of 9.9% during the forecast period.
Vacuum systems dominated the overall equipment market in 2013, accounting for over 30% of total revenue, primarily due to the high prices associated with these products.
Ethylene oxide segment is expected to be the fastest growing medical gas, at an estimated CAGR of 19.2% from 2014 to 2020. Ethylene oxide is expected to serve as an internal substitute to oxyfume 2000 and cater to the market of the latter post its phasing out by January, 2015.
Key industry participants include Linde Gas, Matheson Tri-Gas Inc., Air Products and Chemicals Inc., Air Liquide and Praxair Inc.

Medical Gases and Equipment Product Outlook

Medical Pure Gases
Medical Air
Carbon Dioxide
Oxygen
Nitrogen
Nitrous Oxide
Helium

See More Reports of This Category by Radiant Insights:
www.radiantinsights.com/catalog/medical-devices

Medical Gas Mixtures

Carbon Dioxide – Oxygen Mixtures
Oxygen-Nitrous Oxide Mixtures
Ethylene Oxide
Oxyfume 2000
Helium Oxygen Mixtures
Aerobic Mixtures
Anaerobic Mixtures
Blood Gas Mixtures
Laser Gas Mixtures
Lung Mixtures

Medical Gas Equipment

Manifolds
Outlets
Hose Assemblies and Valves
Alarm Systems
Cylinders and Accessories
Flowmeters
Regulators
Medical Air Compressors
Vacuum Systems
Masks

Medical Gases and Equipment Regional Outlook

North America
Europe
Asia Pacific
RoW

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Global External AC-DC Power Market:
http://www.radiantinsights.com/research/global-external-ac-dc-power-market-research-report-2015

Global G.Fast Chips Market Research Report 2015:
http://www.radiantinsights.com/research/global-g-fast-chips-market-research-report-2015

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Website: http://www.radiantinsights.com/research/medical-gases-market-by-product-oxygen-nitrogen-helium-laser-gas-lung-gas-aerobic-anaerobic-mixtures-helium-oxygen-gas-mixtures-medical-air-carbon-dioxide-oxygen-laser-gas-lung-gas-ethylene-oxide-by-equipment-manifolds-outlets-medical-air-compressors-masks-analysis-and-segment-forecasts-to-2020

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