The global medical gases and equipment market is segmented by product, end user, and geography. The medical gases and equipment market is mainly classified, by product into medical gases and equipment. It is further categorized by pure gases and by gas mixtures. The equipment market covers cylinders, vacuum systems, manifolds, regulators, suction regulators, flow meters, hoses, outlets, and monitoring systems. The report also discusses the key market drivers, restraints, and opportunities of the global medical gases and equipment market and its sub-markets.

The major players in the medical gases and equipment market include Air Products and Chemicals Inc (U.S.), Praxair Inc. (U.S.), Taiyo Nippon Sanso Corp. (Japan), SOL SpA (Italy), Airgas Inc (U.S.), Atlas Copco (Sweden), and Messer Group (Germany). Collectively, the top 10 players accounted for approximately 70% to 75% of the global medical gases and equipment market in 2012.

Complete research of 95 market data tables & 56 figures spread through 275 pages and in-depth TOC on "Medical Gases and Equipment Market"

North America dominated the medical gases and equipment market in 2013 and will continue to drive and dominate it by 2018. However, the market share of this region will decrease to 39.6%, primarily due to the increase in demand for medical gases and equipment in the APAC and Latin American countries. A majority of the growth in the APAC region will primarily be driven by the increasing demand for medical gases and equipment in China and India.

The growth in the APAC and Latin American regions can be attributed to increasing government support to improve healthcare infrastructure and increased disposable income, leading to growth in the per capita healthcare expenditure in these regions. However, low awareness levels and lack of proper distribution channels in this region restrain the growth of this market to a certain extent. The North American market is expected to grow at a higher pace than Europe mainly due to the rapidly increasing aging population and the high adoption rate of home healthcare services in the North American region.

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The global medical gases and equipment market is segmented by product, end user, and geography. The medical gases and equipment market is mainly classified, by product into medical gases and equipment. It is further categorized by pure gases and by gas mixtures. The equipment market covers cylinders, vacuum systems, manifolds, regulators, suction regulators, flow meters, hoses, outlets, and monitoring systems. The report also discusses the key market drivers, restraints, and opportunities of the global medical gases and equipment market and its sub-markets.

The overall market is mainly driven by the rising ageing population and growing incidences of chronic diseases, which adds to the global disease burden. Growth in adoption of treatment in home care settings in lieu of government initiatives to curtail healthcare costs in various countries is also expected to propel the growth of the medical gases market.

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The markets across APAC and the Latin American region are largely driven by growing healthcare infrastructure in the region, increased affordability of healthcare services, and increase in the disposable. However, frequently changing regulatory policies and opposing reimbursement policies for respiratory therapies are expected to dampen the market growth to a certain extent.

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