Medical Gases and Equipment Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Medical Gases And Equipment Market Analysis, Market

Size, Share, Regional Outlook, Industry Trends, Competitive

Strategies And Segment Forecasts, 2012 To 2020

Industry Insight

The gases which have direct or indirect effect on medical treatment are known as medical gases and the

equipment used to facilitate or supply medical gases into human body are called as medical gas

equipment. Introduction of favorable medical norm such as removal of drug user fee and duties

introduced by U.S. Food and Drug Administration Safety and Innovation Act in 2012 for promoting the

growth of medical gases and its supporting equipment are expected to be the major drivers of the

market over the forecast period.

The act is likely to help the manufacturers to cut their product cost, file for IP rights and maximize their

profit margin. Adding more, increasing geriatric population base coupled with increasing demand for

global home healthcare devices are expected to propel the growth of the global medical gases and

equipment market in coming five years.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Rising awareness in manufacturers and consumers about medical gases usage and safety are likely to

trigger the growth of this market over the forecast period. Establishment of favorable medical

association such as Welding Distribution Association (GAWDA), Medical Gas Association (MGA) and

Compressed Gas Association (CGA) are anticipated to drive the market growth. Some of the factors like

theft of medical cylinder & gases, and helium storage are pulling the growth of medical gases and

equipment market in coming few years. The emerging nations provide significant growth opportunities

for this gases market owing to a huge gap between the rising demands and limited supply of medical

gases for treatment....