Medical Gas Equipment Market to grow at 7.7% CAGR from 2016 to 2024

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Medical Gas Equipment Market share to grow at
7.7 CAGR from 2016 to 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Medical Gas Equipment Market

• Medical Gas Equipment Market to see huge growth
  opportunities due to advancements in the
  pharmaceutical industry and rising geriatric
  population.
• According to Global Market Insights, Inc.
  Medical gas equipment market is projected to
  witness a CAGR of 7.7 over the period of
  2016-2024.
• Medical gas equipment has wide range of
  applications in biotechnology and pharmaceutical
  industry, such as drug discovery and development,
  cell culture study, and pharmaceutical
  manufacturing, which in turn will drive the
  industry growth.
• The U.S. medical gas equipment market is
  anticipated to surpass USD 2.4 billion by 2024.
• Europe being the second largest revenue
  generating region in 2015, is estimated to
  surpass USD 1.9 billion by 2024.
• Asia Pacific region is also poised to observe
  escalating gains from China medical gas equipment
  market which is projected to grow at an annual
  rate of 10 over the period of 2016-2024.

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Continued...

• Major products in the medical gas equipment
  industry include manifolds, outlets, vacuum
  systems, masks, medical air compressors,
  regulators, and cylinders.
• Major products in the medical gas equipment
  industry include manifolds, outlets, vacuum
  systems, masks, medical air compressors,
  regulators, and cylinders.
• Medical mask is another profitable product
  segment of the medical gas equipment industry
  growing at an annual rate of 9.2 over the period
  of 2016-2024.
• Due to its low manufacturing cost and high
  demand, the medical masks sector is likely to be
  the fastest growing segment of the industry.
• Increasing healthcare spending capacities in the
  emerging economies such as India and China will
  hold high growth potential for the medical gas
  equipment industry.
• Global medical gas equipment market share is
  highly consolidated with key players such as Air
  Liquide and Linde Gas accounting for over 38 of
  industry revenue in 2015. Other key industry
  participants include Praxair, BeaconMedaes, Air
  Products and Chemicals, Matheson Tri-Gas, and Air
  Gas.

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U.S. Medical Gas Equipment Market Size, by
Product, 2012- 2024 (USD Mn)

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Table of Content
Chapter 1. Methodology and Scope 1.1.
Research Methodology 1.1.1.
Initial data exploration 1.1.2. Statistical
modeling and forecast 1.1.3. Industry
insights and validation 1.2.
Data Sources Chapter 2. Executive
Summary 2.1. Medical Gas Equipment Market
3600 synopsis, 2012 - 2024 2.1.1. Business
trends 2.1.2. Regional trends 2.1.3.
Product trends
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Table of Content
Chapter 3. Medical Gas Equipment Industry
Insights 3.1. Industry segmentation 3.2.
Industry Size and forecast, 2012 - 2024 3.3.
Industry impact forces 3.3.1. Growth
drivers 3.3.1.1 Growing base of geriatric
population base 3.3.1.2 Increasing
demand for home healthcare and point of care
diagnostics 3.3.1.3 Implementation of the U.S.
Food and Drug Administration Safety and
Innovation Act 3.3.1.4 Presence of untapped
opportunities in emerging economies
3.3.1.5 Favorable initiatives undertaken by
organizations such as CGA and GAWDA 3.3.2.
Industry pitfalls 3.3.2.1. Rising incidences
of medical gas and equipment theft 3.3.2.2.
Shortage of Helium
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Table of Content
3.4. Growth potential analysis 3.5.
Porters analysis 3.6. PESTEL analysis 3.7.
Company Market Share Analysis, 2015 3.8.
Pipeline outlook 3.9 Microeconomic
Factors Affecting Market Growth 3.9.1
Healthcare expenditure level trends 3.9.2
Healthcare establishment purchasing capacity
trends 3.9.2.1 Rising awareness
levels 3.9.2.2 Average hospitalization costs
3.9.2.3 Currency Considerations
3.9.2.4 Availability of Credit 3.9.3
U.S. consumer healthcare expenditure trend
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