© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Medical Gas Equipment Market share to exceed $7bn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global medical gas equipment market size is slated to reach USD 7.2 billion by 2024, from 3.7 billion in 2015, at an estimated CAGR of 7.7% from 2016 to  Manifolds were over USD 1.1 billion in 2015 on revenue, anticipated to surpass USD 2.2 billion by 2024 growing at 7.8% from 2016 to  U.S. medical gas equipment market size contributed for over 80% of North America revenue share in Presence of manufacturer friendly organizations such as GAWDA and CGA, and the implementation of the U.S. Food and Drug Administration Safety and Innovation Act in July 2012 should contribute to the its largest share.  Europe medical gas equipment market share was second largest revenue generating region in 2015, with growth hinged at Germany and U.K. Key Insights from Medical Gas Equipment Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  China medical gas equipment market size will witness strong 10% CAGR from 2016 to 2024 to surpass USD 472 million by Growing geriatric population, rising prevalence of pulmonary disorders and growing number of medical casualties should boost business growth.  Global medical gas equipment market rivalry should remain higher over the forecast period. Extensive presence of local manufacturers, limited product differentiation opportunities, and entry of manufacturers with strong financial muscle should intensify industry competitiveness.  Global apheresis equipment market is oligopolistic in nature characterized by presence of large corporations such as B.Braun Melsungen, Haemonetics, Fresenius Kabi and Terumo.  The majority medical gas equipment market share was held by Air Liquide and Linde Gas. The other notable industry participants include Air Products and Chemicals, Praxair, Air Gas, Matheson Tri-Gas, and BeaconMedaes. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Medical Gas Equipment Market Size, by Product, (USD Mn)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Medical Gas Equipment Request for a Sample of this Research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Product Trends Vacuum systems was the largest medical gas equipment market share segment holding over 31% industry revenue share, with target market size slated to exceed USD 2.2 billion by The large industry share was owing to extensive market penetration and high price associated with these products.  Regional Trends U.S. medical gas equipment market share was over 81% in 2015, with target revenue slated to exceed USD 2.4 billion by Improved access to healthcare infrastructure, rising demand for minimal invasive medical interventions and favorable industry initiatives such as implementation of U.S. FDA Safety and Innovation Act will drive business growth.  Competitive Market Share Global medical gas equipment market share was dominated by Air Liquide and Linde Gas in 2015, together grabbed over 38% of industry revenue. The largest share of Air Liquide should be attributed to its extensive product portfolio, implementation of robust growth strategies and rapid sales growth achieved through investments in emerging Asian, and Latin American economies. 360° Analysis

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