The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s medical gas and equipment market report forecasts the medical gas and equipment market size to grow to $28.56 Billion by 2027, with a CAGR (compound annual growth rate) of 8%.

Learn More On The Medical Gas And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/medical-gas-and-equipment-global-market-report

Medical Gas And Equipment Market Size Forecast
The global medical gas and equipment market is expected to grow from $19.32 billion in 2022 to $20.98 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical gas and equipment market size is expected to grow to $28.56 billion in 2027 at a CAGR of 8.0%.

North America held the largest medical gas and equipment market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Medical Gas And Equipment Market Driver ­– Increase In The Prevalence Of Respiratory Diseases
For instance, in 2020, according to the Centers for Disease Control and Prevention, a US-based national public health agency, chronic lower respiratory diseases caused around 152,627 deaths in the US with a crude rate of 46.3%. Therefore, the increasing prevalence of respiratory diseases is driving the growth of the medical gas and equipment market.

Request for A Sample Of The Global Medical Gas And Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8473&type=smp

Key Medical Gas And Equipment Market Trend – Product Innovation
Major companies operating in the medical gas and equipment market are focused on developing new technological solutions to strengthen their position. For instance, in June 2021, GCE Healthcare, a Sweden-based manufacturer of high-pressure gas equipment launched MediTec, a new high-pressure gas regulator that can deliver up to 25 lpm and can be used to treat cluster headaches and resuscitation. MediTec’s unique self-centering feature allows the flow of gas in an unlikely event to ensure the device flow selector is placed between two settings. This device ensures gas control with a flow selector and also an option for a quick connector for different uses.

Medical Gas And Equipment Market Segment
1) By Type: Medical Gases, Medical Gas Mixtures, Biological Atmospheres, Medical Gas Equipment
2) By Application: Respiratory, Anesthesia, Medical Imaging, Cryosurgery, Therapeutic, Diagnostic
3) By End-User: Hospitals, Research Institutions, Home Healthcare, Pharmaceutical Industry And Academic, Biotechnology Industry, Emergency Service

Medical Gas And Equipment Market Major Players and Strategies
Major players in the medical gas and equipment market are Linde PLC., Praxair Inc., Air Liquide S.A., Atlas Copco, Messer Group GmbH, Taiya Nippon Sanso, Gas Control Equipment Ltd., Rotarex Group, SOL Spa, Amico Corp., AIR Products and Chemicals Inc., BeaconMedaes, Flogas Britain Limited, Matheson Tri-Gas Inc. and SCI Analytical.

In September 2020, Atlas Copco, a Sweden-based productivity solutions and medical gas equipment provider acquired MEDGAS-Technik GmbH. for an undisclosed amount. This acquisition of combined resources enabled MEDGAS to become a part of the medical gas solutions division in the compressor technique business area of Atlas. MEDGAS-Technik GmbH is a Germany-based manufacturer and installer of medical gas and vacuum systems, pipeline equipment, and medical supplies.

The Medical Gas And Equipment Global Market Report 2023 covers regional data on medical gas and equipment market size, medical gas and equipment market trends and drivers, opportunities, strategies, and medical gas and equipment market competitor analysis. The countries covered in the medical gas and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Medical gas and equipment refer to a packaged device that supplies medical gases to a patient in a diagnosis. They are used for medical procedures.

View More Reports Related To The Medical Gas And Equipment Market –
Gas Separation Membrane Global Market Report 2023
Industrial Gas Global Market Report 2023
Industrial And Commercial Natural Gas Distribution Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: