Global medical oxygen cylinder market is expected to gain market growth in the forecast period of 2028. Data Bridge Market Research analyses the market to account to USD 6,194.94 million by 2028 growing at a CAGR of 6.76% in the above-mentioned forecast period.
The growing awareness amongst the people and patients regarding the benefits associated with the usage of medical oxygen cylinder has been directly impacting the growth of medical oxygen cylinder market.
Medical oxygen cylinder is the tempered steel containers that are used to keep oxygen at high pressure. Oxygen cylinders are generally used for medical or diagnostic purposes. It contains oxygen at high pressure or liquid form and is used at times of medical emergency. Oxygen cylinders also come in various sizes depending on the usage.
The oxygen which is provided in the purest form to the medical devices and the formation of the cylinders is the main factor which is driving the medical oxygen cylinder market. Increased breathing problems due to diseases and awareness of the population for personal healthcare are the main opportunity for the growth of the medical oxygen cylinder market. Oxygen cylinders do not require batteries which is also a boon for the growth of the market.
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Medical Oxygen Cylinder Market Scope and Market Size
Medical oxygen cylinder market is segmented on the basis of product, technology, end user, size, cylinder type, application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· Based on product, the medical oxygen cylinder market is segmented into portable oxygen concentrator & cylinders, stationary oxygen concentrator & cylinders and oxygen concentrator & cylinders.
· Based on technology, the medical oxygen cylinder market is segmented into continuous flow and pulse flow.
· On basis of end user, the medical oxygen cylinder market is segmented into home care and non-homecare.
· Based on size, the medical oxygen cylinder market is segmented into 10L, 40L, 50L and 100L.
· Based on cylinder type, the medical oxygen cylinder market is segmented into fixed and portable.
· Based on application, the medical oxygen cylinder market is segmented into emergency room, operating room, respiratory department and household.
Medical Oxygen Cylinder Market Country Level Analysis
Medical oxygen cylinder market is analysed and market size insights and trends are provided by country, product, technology, end user, size, cylinder type, application as referenced above.
The countries covered in the medical oxygen cylinder market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is likely to lead the medical oxygen cylinder market. An increase in graph of COVID-19 cases and shift of population with breathing issues is the key factor for the growth of medical oxygen cylinder market in this region. The market in Asia-Pacific is expected to exhibit a substantial growth rate during the forecast period 2021-2028 due to an increase in cases of chronic and infectious diseases among a larger population.
The country section of the medical oxygen cylinder market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Medical oxygen cylinder market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for medical oxygen cylinder market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical oxygen cylinder market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Medical Oxygen Cylinder Market Share Analysis
Medical oxygen cylinder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical oxygen cylinder market.
The major players covered in the medical oxygen cylinder market report are Koninklijke Philips N.V., Invacare Corporation, Nidek Medical Products, Inc., Inogen, Inc., Messe Düsseldorf GmbH, ResMed, DeVilbiss Healthcare LLC, Airgas Inc, Messer Group GmbH, OrientMEd International, TECNO-GAZ SpA, Allied Healthcare Products Inc, Praxair Inc., ROYAX, AirGenics Inc, Air Products Inc, Luxfer Gas Cylinders, Cramer Decker Medical, Catalina Cylinders, Bright Medi- Weld Appliances among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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