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Advancements and Innovations Driving the Medical Gases and Equipment Market Health Articles | February 15, 2016
Transparency Market Research Report Added "Medical Gases and Equipment Market - Global Industry Analysis, Size, Share Authentic Ryquell Armstead Jersey , Growth and Forecast Up to 2018"
The report, titled “Medical Gases and Equipment Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018” Authentic Quincy Williams II Jersey , states that registering an 8.0% CAGR from 2012 to 2018, the global market for medical gases and equipment will grow from US$5.3 Bn in 2011 to US$9 Bn in 2018.
The medical gases segment is bifurcated into medical gas mixtures and pure medical gases. Pure medical gases include oxygen, nitrogen, nitrous oxide, helium, and carbon dioxide. Medical gas mixtures include nitrous oxide-oxygen mixtures Authentic Josh Oliver Jersey , mixtures of carbon dioxide-oxygen, helium oxygen mixtures, ethylene oxide, anaerobic and aerobic mixtures, laser gas mixtures, mixtures of blood gas Authentic Jawaan Taylor Jersey , and lung mixtures.
The medical equipment segment comprises regulators, masks, manifolds, alarm systems, outlets, cylinders and accessories Authentic Josh Allen Jersey , flowmeters, vacuum systems, medical air compressors, and hose assemblies and accessories.
Geographically, the global medical gases and equipment market is segmented into North America, Europe Authentic Yannick Ngakoue Jersey , Asia Pacific, and Rest of the World. Asia is by far the largest market for medical gases and equipment and during the course of the forecast period, this region is anticipated to register a CAGR of 9.20%. Rising incidence of pulmonary diseases, larger population base, and increase in emergency medical conditions especially in countries such as India and China have contributed towards the growth of the Asia medical gases and equipment market. The Indian market in particular is also driven by a developing economy, support from government schemes Authentic Leonard Fournette Jersey , improvement in healthcare and medical infrastructure, rise in disposable income, larger labor force, and rising awareness levels of consumers. The Indian Gas Association has stated that the industrial and medical gases market grows at an annual rate of 15.0% to 18.0%.