Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Global Medical Gases Market - Growth, Future Prospects and Competitive Assessment, 2016 - 2022

% of readers think this story is Fact. Add your two cents.


Global Medical Gases Market – Growth, Future Prospects and Competitive Assessment, 2016 – 2022

Global Medical Gases Market to Reach Worth USD 12,166.1 Mn by 2022: Growing Need for Chronic Disease Management in Home Care to Drive the Market Growth

According to the latest report published by Credence Research, Inc. “Global Medical Gases (Pure Medical Gases, Medical Gas Mixtures and Medical Gas Equipment) Market – Growth, Future Prospects and Competitive Assessment, 2016 – 2022,” the medical gases market was valued at USD 6,996.4 Mn in 2015, and is expected to reach USD 12,166.1 Mn by 2022, expanding at a CAGR of 8.3% from 2016 to 2022.

Browse the full report Global Medical Gases Market – Growth, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/medical-gases-market

Market Insights                                                 

Technological advancements in the area of medical gases administration, expansion in emerging countries, high prevalence of chronic diseases that demand use of medical gases in disease management are the key trends currently witnessed in the medical gases market. Growing prevalence of geriatric population, that exhibit compromised immunity and higher susceptibility towards respiratory diseases is a key driver of medical gases market. Conversely restricted reimbursements to respiratory therapies may hold back the growth of medical gases market.

This report studies the medical devices market in terms of products, end-uses and geographic distribution. Pure medical gases, medical gas mixtures and medical gas equipment are the three major product categories in medical gases market. These sections are further sub-segmented into prime product category under each class. Hospitals and clinics, home healthcare, research and academia, and pharmaceuticals and biotechnology industry are the key end-users of medical gases.

Download free sample here @ http://www.credenceresearch.com/sample-request/57977

Medical pure gases, particularly oxygen is the largest product segment in 2015, and it is anticipated that its dominance will prevail through the forecast period. The dominance of this segment is attributed to growing prevalence of respiratory conditions and wide use of oxygen in home care. Moreover, application of medical gases is perpetually growing in the emergency care, where admissions for respiratory emergency cases is on the rise. Wide use of pure gases and gas mixture in hospitals and clinical practice during treatment of various chronic diseases and surgical procedures is expected to support the demand for medical gas devices. Technological innovation in the field of medical devices will further add to the growth of medical gases devices in terms of replacement of obsolete equipment.

Request for customization @ http://www.credenceresearch.com/request-for-customization/57977

North America is observed to be the largest regional market for medical gases. Presence of developed healthcare infrastructure, favorable reimbursement systems and hoard for home healthcare for chronic respiratory disease management are the key drivers of North America market. Europe follows the lead of North America and the market growth of this region is attributed to untapped growth opportunities in Eastern Europe, growing focus of associations, regulatory bodies and welfare groups in increasing awareness about the benefits of home healthcare in long-term disease management. Rapid development of healthcare infrastructure, swift progress of medical tourism markets in emerging countries and growing awareness are the key growth facilitators in Asia-Pacific, Latin America, and Middle East and Africa medical gases market.

The overall medical gases market is witnessing growth in the number of collaborative strategies such as license agreements, joint ventures and M&A activities between the regional and international players. Air Liquide and Linde Gas are the largest players in this space. 

Blog: http://www.mobilecomputingtoday.co.uk/4084/global-medical-gases-market-reach-worth-usd-12166-1-2022-growing-need-chronic-disease-management-home-care-drive-market-growth-credence-research/

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US

E-mail: [email protected]

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

 

 



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.