Medical Gases and Equipment Market Worth $14,953 Million by 2018
DALLAS, February 14, 2014
DALLAS, February 14, 2014 /PRNewswire/ --
The " Medical Gases and Equipment Market by Gases (Oxygen, Medical Air,
Nitrogen, Nitrous-oxide, Helium, Blood-gas Mixture, Nitrous Oxide-Oxygen
Mixture), by Equipment (Cylinders, Manifolds, Regulators, Flowmeters) - Global
Forecast to 2018 " , analyzes and studies the major market drivers,
restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest
of the World.
Browse more than 95 market data tables with 56 figures spread through 275
pages and in-depth TOC on "Medical Gases and Equipment Market - Global
Forecast to 2018"
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This report studies the global Medical Gases and Equipment Market, with
forecast to 2018.
The Medical Gases And Equipment Market has experienced extensive growth in the
past few years, mainly attributable to the growing aging population and the
resultant increase in the prevalence of chronic respiratory diseases, and the
advancements in the pharmaceutical industry. However, the frequently changing
regulatory concerns regarding medical gas standards that result in high costs
as well as global helium shortage are some of the major challenges to the
growth of the Medical Gases And Equipment Market.
The global Medical Gases a nd Equipment Market is segmented into products,
applications, geographic regions, and countries. It also discusses the key
market drivers, restraints, and opportunities of this market and its
submarkets. The market is valued at $10,416 million in 2013 and is forecasted
to grow at a healthy CAGR from 2013 to 2018.
North America is the major market for the global Medical Gases & Equipment
Market with around 40 - 45% share of the global pie, followed by Europe with
33% share. Aging population coupled with the increasing incidence of chronic
respiratory diseases respiratory diseases like asthma and chronic obstructive
pulmonary disorder (COPD), and increasing trend of shifting towards more
patient care in home settings other than hospitals have led to the large
market share for North American and European Medical Gases and Equipment
The major players in the Medical Gases And Equipment Market include Linde
Group (Germany), Praxair Inc. (U.S.), Air Products and Chemicals Inc. (U.S.),
Air Liquide (France), Taiyo Nippon Sanso Corp. (Japan), Airgas Inc. (U.S.),
Messer Group (Germany), Atlas Copco (Sweden), Matheson Tri Gas Inc. (U.S.),
and SOL-SpA (Italy).
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