seobhushan (89)

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Medical Gas Equipment Market is projected to
reach CAGR 6.4 by 2027
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Key Insights from Medical Gas Equipment Market

• With the rising prevalence of respiratory
  diseases and increasing focus on developing
  healthcare infrastructure, the medical gas
  equipment market is slated to witness notable
  progression in the forthcoming years.
• Asthma, cystic fibrosis, and chronic obstructive
  pulmonary disorder (COPD), among others, are some
  most diagnosed respiratory diseases. As per the
  WHO, approximately 262 million cases of asthma
  globally were reported in 2019. Medical gas
  therapy is a commonly performed respiratory care
  procedure for asthmatic patients.
• Medical gas regulators play a crucial role in
  monitoring high-pressure compressed gases used
  across healthcare centers, ensuring safe and
  effective operations. With rising applications of
  medical gases in surgeries and procedures owing
  to the escalating prevalence of chronic diseases
  globally, the demand for regulators is likely to
  upsurge in the coming years.

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Regional Insights in Medical Gas Equipment
Market

• Asia Pacific generated a revenue of around USD
  532.6 million for global medical gas market in
  2020. This is attributed to growing investments
  by public and private entities in countries like
  India, Japan, and China for the upgradation of
  healthcare infrastructure. The region also has a
  high prevalence of chronic obstructive pulmonary
  disease (COPD) which is predominantly responsible
  for strong medical oxygen demand.

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Latest Research Report On Medical Gas Equipment
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Major Companies in Medical Gas Equipment Market

• Air Liquide S.A.
• Allied Healthcare Products Inc.
• Amico Group of Companies
• Atlas Copco Group
• Coflax Corporation (GCE Group AB)

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Industry Coverage

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