Medical Gases Market to be Worth More than USD 15 Bn by 2024, Expects Grand View Research in Its Report Available at MarketPublishers.com02 Nov 2016 • by Natalie Aster
LONDON – The market for medical gases is expected to see positive growth in the near term and surpass the USD 15 billion mark by 2024. This growth will be a result of a combination of factors like a growing base of the geriatric population, chronic diseases’ high prevalence (in developed regions in particular), the rising demand for home care products, and more.
The marketplace, however, has to come face to face with some restraints, such as regulatory issues and a worldwide shortage of helium.
Pure gases are set to grow significantly in the upcoming years across developed years since its usage in the healthcare industry is growing, thus igniting the demand.
In terms of applications, this marketplace is set to see swift growth in the therapeutics segment.
Region-wise, the most rapid growth will take place in APAC, though North America will rein the global space.
Airgas, Medical Gas Solutions, Air Liquide and Matheson Tri-Gas are some of the most prominent companies globally.
Insightful research report “Medical Gases Market Analysis by Product type, by Equipment, by Application, by Region, and Segment Forecasts to 2024” drawn up by Grand View Research offers a comprehensive discussion of the world’s medical gases marketplace. The study starts with a deep insight into factors that drive this space and restrain it.
It throws light on major opportunities this market has. The report contains PESTEL, Porter’s and company market share analyses. The research study casts light on each segment of this market. Regional marketplaces and top countries are explored in the research report.
The study concentrates on the competitive landscape, besides profiling leading players like the ones mentioned above. Forecasts for the total marketplace as well as its segments are on hand in the research study, too.
More in-demand research reports by Grand View Research can be found at its page.