According to the report published by Allied Market Research, the Global Medical Oxygen Gas Cylinders Market Size Valued at USD 2.97 billion in 2020, and is Projected to Garner USD 5.33 billion by 2030, witnessing a CAGR of 5.7% from 2021 to 2030.
The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
Rise in population susceptibility to indoor air pollutants, surge in population of active smokers, and daily exposure to environmental pollution drive the growth of the global medical oxygen gas cylinders market. However, high costs of oxygen cylinders and strict regulatory procedures hinder the market growth. On the contrary, high growth potential in developing markets and increase in the geriatric population are expected to open lucrative opportunities for the market players in the future.
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Top Key Players of Medical Oxygen Gas Cylinders Market Report-
• Koninklijke Philips N.V.
• Nidek Medical Products, Inc.
• Invacare Corporation
• Messe Düsseldorf GmbH
• Inogen, Inc.
• DeVilbiss Healthcare LLC
• ResMed
• Messer Group GmbH
• Airgas Inc.
• OrientMEd International
Thermo Fisher Scientific
Global Medical Oxygen Gas Cylinders Market Segmentation –
By Technology
• Pulse Flow
• Continuous Flow
By Product
• Portable
• Fixed
By End Users
• Hospital
• Home Healthcare
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The global medical oxygen gas cylinders market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2019, accounting for around two-fifths of the market. However, the market across Asia-Pacific is estimated to register the highest CAGR of 7.6% during the forecast period.
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
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