Medical Gas Equipment Market Outlook, Leading  Manufacturers, Industry Analysis And Forecast

07/apr/2020 13:44:25 Grand View Research Contatta l'autore

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Medical Gas Equipment Market

 San Francisco, 7  April 2020: The Report Medical Gas Equipment Market Analysis By Product (Manifolds, Outlets, Medical Air Compressors, Masks) And Segment Forecasts To 2020

Rising geriatric population and prevalence of respiratory diseases owing to increasing air pollution and unhealthy dilatory habits are some of the key factors driving the demand for medical gas equipment market. On the other hand, the global scarcity of helium is impeding the growth of the market.

Implementation of favorable regulations by governments worldwide is augmenting the growth of the market. Furthermore, growing demand for home healthcare and point of care markets and the subsequent introduction of portable medical devices are expected to boost market demand.

Access Research Report of Medical Gas Equipment Market https://www.grandviewresearch.com/industry-analysis/medical-gas-equipment-market

Recent Developments in Medical Gas Equipment Market

  • In February 2019, Kitajima Sanso constructed a novel medical oxygen filling plant in Myanmar. The plant is started its operations in December 2019. This new plant in Myanmar will boost the demand and sale for medical gas equipment in the forecast period.
  • Air Liquide acquired EOVE to upsurge its presence in the home healthcare market, in 2018. A start-up company named EOVE is focused on the manufacturing of ventilators for home-based patients going through chronic respiratory failure. This acquisition with EOVE will drive the market.
  • GCE announced MediVitop, a new One-Knob Cylinder Valve with Combined Pressure Regulator, in 2018. This introduction of One-Knob cylinder will drive the market growth in the years to come.
  • Ceodeux Meditec introduced ALPIFLOW, a next-generation flow meter with more than ten years period without further maintenance, in 2018. The product is involved directly in the Ceodeux Meditec ALPINOX or ALPICONNECT and MINIOX to regulate the oxygen-flow from the hospital pipeline system and handy oxygen cylinders. This introduction of the product will fuel the demand for medical gas equipment in the forecast period.
  • Atlas Copco opened an expanded invention hub in Bretten, Germany, in 2018. To meet rising client demand for developing and testing innovative joining technologies. This expansion will drive the demand for medical gas equipment market in the forecast period.
  • Linde comes up with a contract with Messer Group and CVC Capital Partners Fund VII to sell the major part of Linde’s gas business in North America and certain business events in the South America, in 2018. This contract will help to drive the medical gas equipment demand across the globe.
  • In 2017, As per the estimations of Highway Loss Data Institute (HLDI), and Insurance Institute for Highway Safety (IIHS), there was approximately 34,247 motor vehicle crashes in the United States, which lead to roughly 37,133 deaths. This data shows the high demand for medical gas equipment and which will untimely drive the market demand. Therefore, due to the increasing cases of road accidents, there may be a high demand for oxygen in numerous life care settings. Thus, on account of the above-mentioned factors, the market is anticipated to observe a high growth rate in the years to come.

Access Press Release of Medical Gas Equipment Market @ https://www.grandviewresearch.com/press-release/global-medical-gas-equipment-market

 

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