Words of Wisdom:

"Hmmm i need an essay on To Kill a Mockingbird if you help me you will prospere in live-Nate" - StopThe_One_1

Global Medical Gases Market : Company Profiles and Forecast 2015 - 2021

  • Date Submitted: 11/17/2015 11:26 PM
  • Flesch-Kincaid Score: 49.8 
  • Words: 648
  • Essay Grade: no grades
  • Report this Essay
Nov., 18, 2015, Mumbai, India: Market Reports on China presents the report, on “Global Medical Gases Market :Company Profiles and Forecast 2015 - 2021”. Market is also segmented on the basis of users which includes home healthcare, hospitals and clinics, institutes, industry and others. Hospitals have the highest market share amongst end users.

Medical gases include gases used during surgical procedures, medical procedures, sterility purposes and other uses such as coolant. http://www.marketreportsonchina.com/life-sciences-market-research-reports-18378/global-medical-gases-united-states-canada-india-china-japan-united-kingdom.html The market has a healthy CAGR and is expected to grow over $16 billion by 2021. The market is driven by various factors such as rise in the number of surgical procedures, number of hospitals, point of care health services and other macroeconomic factor such as health expenditure and disposable income. Ageing population and high purchasing power of the elderly population are also some of the major opportunities in the way. The market is highly competitive and fragmented. The number of medical gas suppliers and equipment manufacturers is very high. This shows that the market is open and market barriers are low for new player to enter. However, there are few challenges and restraints too. The government policies are very stringent for the quality and standards and standards of the gas. The price fluctuations and shortage of helium in the market are also major obstruction.

The market is segmented on the basis of type of gases which includes pure and mixture gases. The gases include medical air, Carbon dioxide, oxygen, helium, Nitrous oxide and their mixtures. Oxygen has the highest market share amongst all gases due to high demand in hospitals and clinics. The other segment is by equipment which includes hoses, manifolds, flow meters, regulators and others. Market is also segmented on the basis of users which includes home healthcare,...

Comments

Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments