Medical Gas and Equipment Market

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[401 Pages Report] The global medical gas market is projected to reach USD 20.0 billion by 2023 from USD 14.0 billion in 2018, at a CAGR of 6.2 %. The growth of this market is mainly driven by rising ageing population and sub sequent increase in chronic diseases like COPD and asthma, technological advancement, growing home healthcare market, and growing smoking prevalence.

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1 Medical Gas Market worth 20.0 billion by 2023 According to the new market research report "Medical Gas Market by Type Oxygen Nitrous Oxide Carbon Dioxide Gas Mixture Vacuum System Manifold VIPR Hose Application Respiratory Anesthesia Medical Imaging Cryosurgery End User Hospital Home Healthcare - Forecast to 2023" published by MarketsandMarkets™ is expected to reach USD 20.0 billion by 2023 from an estimated USD 14.0 billion in 2018 at a CAGR of 6.2. Don’t miss out on business opportunities in Medical Gas Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.aspid217979261 The major factors driving the growth of this market include rising ageing population and sub sequent increase in chronic diseases like COPD and asthma growing home healthcare market and growing smoking prevalence. By product the Medical Gas Market segment is expected to account for the largest share of the Medical Gas Market Based on product the market is broadly divided into medical gases and medical gas equipment. Increasing use of medical gases for the diagnosis and treatment of various respiratory diseases such as COPD asthma and other medical conditions such as cardiovascular and lifestyle diseases are further expected to drive the demand of medical gases during the forecast period. Browse and in-depth TOC on "Medical Gas Market" 387 - Tables 53 - Figures 401 - Pages

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2 View more detailed TOC https://www.marketsandmarkets.com/Market-Reports/medical- gases-equipment-market-217979261.html Therapeutic segment will witness the highest growth in the market by application Based on application the Medical Gas Market is segmented into therapeutics diagnostics pharmaceutical manufacturing and research and others. The therapeutic segment is expected to account for the largest share of the global Medical Gas Market during the forecast period of 2018 to 2023. The large share of this segment can be attributed to rising incidences of cardiovascular diseases and increasing prevalence of respiratory disorders due to lifestyle changes rising pollution levels and growing smoking prevalance. North America the largest regional market for medical gases and equipment North America is expected to account for the largest share of the Medical Gas Market in 2018 followed by Europe and the Asia Pacific. The increasing adoption of technologically advanced medical gases and equipment products growing ageing population the high healthcare expenditure presence of advanced healthcare infrastructure highly developed healthcare systems in the US and Canada and the presence of a large number of leading medical gases and equipment manufacturers in the region are responsible for the large share of the North American Medical Gas Market. Request for Free Sample Report https://www.marketsandmarkets.com/requestsampleNew.aspid217979261 The prominent players in the Medical Gas Market include Air Products and Chemicals Inc. U.S. The Linde Group Germany Taiyo Nippon Sanso Corp. Japan SOL-SpA Italy Air Liquide France Praxair Inc. U.S. Atlas Copco Sweden Messer Group Germany and GCE Holding AB Sweden. Browse Adjacent Markets Medical Devices Market Research Reports Consulting

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3 About MarketsandMarkets™: MarketsandMarkets™ provides quantified B2B research on 30000 high growth niche opportunities/threats which will impact 70 to 80 of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80 of global Fortune 1000 companies as clients. Almost 75000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities identify most important customers write "Attack avoid and defend" strategies identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1500 MicroQuadrants Positioning top players across leaders emerging companies innovators strategic players annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform "Knowledge Store" connects over 200000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook IL 60062 USA : 1-888-600-6441 Email: salesmarketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-gases- equipment-market.asp Visit Our Website: https://www.marketsandmarkets.com

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