Medical gases flow meters are medical devices used to measure the rate of flow of gases such as oxygen, nitrogen, nitrous oxide, and many others. Many facilities have been using conventional methods for consumption gases like the use of cylinders, which has led to high operational costs and a lack of monitoring of usage and consumption of gases. Due to this, the demand for medical flowmeters has boosted as apart from reducing the operational costs; they come with furthermore benefits. They offer benefits like no risk of clogging and minimal obstruction to the flow of gases. They also provide leak detection within the gas line, safety vent, and medical gas resource, thereby generating demand for flow meters within the consumers. These benefits have created opportunities for the medical gas flow meters market leading to a rapid business transformation due to excellent customer relationships, drastic and competitive growth, noticeable changes in the market, and upcoming technological advancements globally.
MARKET DYNAMICS
The medical gases flow meters market has shown a significant evolution over the forecast period. Multiple factors such as a rise in prevalence of chronic diseases and respiratory disorders, awareness of home healthcare, rapid growth in the geriatric population, and conditions related to old age, technological developments, and so on have generated an opportunity for this market to boost in the coming years. Market players globally are now focused on facility expansion by adopting sales and marketing strategies to enhance market share. Increasing demand to reduce the expenditure of healthcare facilities is augmenting the growth of the global medical gas flowmeter market. For instance, market players like Ceodeux Meditec launched ALPIFLOW, a next-generation flow meter device with over ten years of a life without additional maintenance. BOC, Australia, a group of The Linde Group, launched a new US$ 20 million specialty gas production facility and US$ 15 million robot cylinder automation system at its Sydney Operations Center in Wetherill Park.
MARKET SCOPE
The "Medical Gases Flow meter Market Analysis to 2028" is a specialized and in-depth study of the medical devices in the healthcare industry with a particular focus on the global market trend analysis. This report provides an outline of the medical gases flow meter market with detailed market segmentation by product type, application, and end-user. The medical gases flow meter market is expected to witness a high rise during the forecast period. The report elaborates on the vital statistics on the market status of the leading players in the medical gases flow meter market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The medical gases flow meter market is segmented based on product type, application, and end-user . Based on product type, the market is segmented as a plug-in and others. Based on the application, the market is categorized as control of oxygen flow, control of gas/compressed air, and others. Based on end-user, the market is segmented as hospitals & healthcare facilities, diagnostic centers & research laboratories, and others.
REGIONAL FRAMEWORK
The report provides a complete outline of the industry, including both qualitative and quantitative information. It gives a sketch and forecast of the medical gases flow meter market based on various segments. It also consists of market size and forecast estimates from the year 2020 to2028with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The medical gases flow meter market by each region is later sub-segmented into respective countries and segments. The report consists of the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the medical gases flow meter market from both demand and supply side. Further, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also covers a detailed PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the medical gases flow meter market in these regions.
MARKET PLAYERS
The report contains critical developments in the medical gases flow meter market as organic and inorganic growth strategies. Various firms are focusing on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions and partnerships & collaborations. These activities have cleared the way for the expansion of business and customer base of market players. The market players from the medical gases flow meter market are anticipated to have profitable growth opportunities in the coming years with the rising demand for medical flowmeters in the global market. Mentioned below is the list of few companies engaged in the medical gases flow meter market.
The report also contains the profiles of key players in the medical gases flow meter market, along with their SWOT analysis and market strategies. Additionally, the report focuses on leading industry players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.
- HERSILL
- GENSTAR TECHNOLOGIES
- DAMECA
- AIR LIQUIDE MEDICAL SYSTEMS
- GREGGERSEN GASETECHNIK
- HEYER MEDICAL AG
- COLE-PARMER INDIA PVT. LTD
- SHANGHAI AMCAREMED TECHNOLOGY CO., LIMITED
- OHIO MEDICAL
- MAXTEC
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