- xygen gas cylinders are commonly used for therapeutic and diagnostic purposes by medical care workers. Medical oxygen gas systems are widely used in home care settings and are chosen by elderly patients who rely on a consistent supply of oxygen to support their physical and mental health needs. Some common chronic medical illnesses, such as emphysema, require oxygen treatment or supplemental oxygen. Many different types of oxygen systems are used to provide patients with a controlled amount of oxygen. Medical oxygen gas is high purity oxygen designed for use in the human body and is used in clinical therapies.
MARKET SCOPE
The Medical Oxygen Gas Cylinder Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Medical Oxygen Gas Cylinder Market with detailed market segmentation by technology, product, end-user, and geography. The report provides key statistics on the market status of the leading Medical Oxygen Gas Cylinder Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- By technology, the Medical Oxygen Gas Cylinder Market is segmented into pulse flow and continuous flow.
- On the basis of product, the market is bifurcated into portable and fixed.
- By end-user, the Medical Oxygen Gas Cylinder Market is segmented into hospital and home healthcare.
MARKET DYNAMICS
Drivers:
- An increase in the population susceptible to indoor air pollutants.
- An increase in the population of active smokers is also responsible for propelling the growth of the market.
- High cost of the oxygen cylinders.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Medical Oxygen Gas Cylinder Market by each region is later sub-segmented by respective countries and segments. The report covers 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 market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Medical Oxygen Gas Cylinder Market in these regions.
IMPACT OF COVID-19 ON MEDICAL OXYGEN GAS CYLINDER MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. Special attention is paid to both the import and local manufacture of medical oxygen gas for use in hospitals across the world. Thus, oxygen gas cylinders are required for the increasing demand from medical clinics, home care settings, and many others.
MARKET PLAYERS
The report covers key developments in the Medical Oxygen Gas Cylinder Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players in the Medical Oxygen Gas Cylinder Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Medical Oxygen Gas Cylinder Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Medical Oxygen Gas Cylinder Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Koninklijke Philips N.V.
- Invacare Corporation
- Nidek Medical Products, Inc.
- Inogen, Inc
- Messe D?sseldorf GmbH
- ResMed
- DeVilbiss Healthcare LLC
- Airgas Inc
- OrientMEd International
- Messer Group GmbH