Global Market Insights, Inc.: Respiratory Disorders

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Wednesday, 31 January 2018

Medical Gas Equipment Market to grow at 7.7% CAGR from 2016 to 2024

Medical Gas Equipment Market to see huge growth opportunities due to advancements in the pharmaceutical industry and rising geriatric population. The increasing occurrence of chronic respiratory diseases and rising demand for point of care and home healthcare products will accelerate the medical gas equipment industry growth. According to Global Market Insights, Inc. “Medical gas equipment market is projected to witness a CAGR of 7.7% over the period of 2016-2024.” Medical gas equipment has wide range of applications in biotechnology and pharmaceutical industry, such as drug discovery and development, cell culture study, and pharmaceutical manufacturing, which in turn will drive the industry growth.

Considering the global trends, North America medical gas equipment market, led by U.S. is witnessing rapid surge, owing to favorable industry initiatives, rising demand for minimal medical interventions, and improved access to healthcare infrastructure. The U.S. medical gas equipment market is anticipated to surpass USD 2.4 billion by 2024.

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Europe being the second largest revenue generating region in 2015, is estimated to surpass USD 1.9 billion by 2024. Germany medical gas equipment industry is projected to exceed USD 533 million in coming seven years. Increasing assistance and support provided to the industry players from organizations such as European Industrial Gases Association and Medical Gas Association will promote the business expansion.

Asia Pacific region is also poised to observe escalating gains from China medical gas equipment market which is projected to grow at an annual rate of 10% over the period of 2016-2024. Growing geriatric population, rising number medical casualties, and high prevalence of pulmonary diseases will propel medical gas equipment market growth.

Browse key industry insights spread across 95 pages with 17 market data tables & 10 figures & charts from this 2017 report Medical Gas Equipment Market in detail along with the table of contents at:

https://www.gminsights.com/industry-analysis/medical-gas-equipment-market

Major products in the medical gas equipment industry include manifolds, outlets, vacuum systems, masks, medical air compressors, regulators, and cylinders. Growing vacuum systems penetration and high cost should profit the vacuum systems industry share. Vacuum systems having had accounted for 30% of the overall medical gas equipment market in 2015, is projected to exceed a revenue of USD 2.2 billion by 2024.

Medical mask is another profitable product segment of the medical gas equipment industry growing at an annual rate of 9.2% over the period of 2016-2024. Due to its low manufacturing cost and high demand, the medical masks sector is likely to be the fastest growing segment of the industry. Moreover, other products including regulators, manifolds, and gas outlets are also poised to witness significant gains in the coming years.

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Increasing healthcare spending capacities in the emerging economies such as India and China will hold high growth potential for the medical gas equipment industry. Moreover, implementation of favorable regulatory actions by U.S. FDA Safety and Innovation Act and another supportive organizations such as Compressed Gas Association (CGA) and Gases and Welding Distributors Association (GAWDA) will positively influence the growth of medical gas equipment industry. Global medical gas equipment market share is highly consolidated with key players such as Air Liquide and Linde Gas accounting for over 38% of industry revenue in 2015. Other key industry participants include Praxair, BeaconMedaes, Air Products and Chemicals, Matheson Tri-Gas, and Air Gas.

Browse Related Reports:

Medical Oxygen Concentrators Market Size By Product (Portable, Fixed), By Application (Home Care, Non-Home Care), By Technology (Pulse Dose, Continuous Flow), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Japan, China, South Africa, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

https://www.gminsights.com/industry-analysis/medical-oxygen-concentrators-market-report

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Wednesday, 27 December 2017

Medical Oxygen Concentrators Market to grow at a CAGR of 10% from 2016 to 2023

Medical Oxygen Concentrators Market outlook is positively influenced by advancements in healthcare system along with a strong desire to maintain good health. The medical expenditure is observing a significant upsurge, one of the several reasons being the elderly population suffering from acute respiratory disorders.

As per the UN report, aging population is expected to reach over 2 billion by 2050. The increasing geriatric population base is estimated to be a prime factor driving the medical oxygen concentrators industry trends over the coming years. As per Global Market Insights, Inc., “Medical oxygen concentrators market size is expected to hit USD 2.3 billion by 2023.” Moreover, favorable medical insurance as well as reimbursement policies are expected to offer lucrative avenues for the global industry landscape.

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The differentiating factor of Medical Oxygen Concentrators market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focussed multiple trends for Medical Oxygen Concentrators industry are discussed along with regional trends to offer an overall view of the market. The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Medical Oxygen Concentrators market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Medical Oxygen Concentrators market support this sector specific data and information points.

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Portable and fixed medical oxygen concentrators are the two major product segments of the medical oxygen concentrators market. High popularity of lightweight and user friendly concentrators is expected to enhance portable medical oxygen concentrators market value over the coming six years. Furthermore, its prominent use across shopping malls, airports, and offices is projected to fuel the product demand. Favorable government initiatives encouraging the use of FAA (Federal Aviation Administration) compliant portable medical oxygen concentrators in aircraft is further expected to propel the portable medical oxygen concentrators industry growth over the period of 2016-2023.

Fixed medical oxygen concentrators industry, which made significant contributions towards the overall revenue in 2015, is expected to witness a noticeable growth over the next few years, driven by the rapid increase in the aging population susceptible to respiratory disorders.

Medical oxygen concentrators find wide applications in home care and non- home care sectors. Medical oxygen concentrators market is predicted to observe a lucrative growth in the home care sector over the coming six years. Increase in the number of severely affected COPD patients requiring oxygen therapy at home along with the affordability and efficiency of this system will propel the medical oxygen concentrators industry size in home care sector.

High demand for medical oxygen concentrations in non-home care sector due to rising elderly population base susceptible to the occurrence of chronic ailments such as asthma, respiratory ailments, lung disorders, and COPD is expected to push the industry revenue.

Browse key industry insights spread across 86 pages with 54 market data tables & 6 figures & charts from the report Medical Oxygen Concentrators Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/medical-oxygen-concentrators-market-report

On account of the global trends, North America medical oxygen concentrators market, which contributed over 40% towards the overall revenue, is expected to grow significantly over the coming timeframe, driven by factors such as the high occurrence of respiratory ailments, beneficial reimbursement norms, and growing product demand across the home healthcare sector. Furthermore, the high occurrence of COPD due to irregular life patterns is expected to drive the regional growth. U.S. is forecast to be a key regional revenue contributor.

APAC medical oxygen concentrators industry will also observe significant growth over the coming years, owing to the high living standards, rapidly increasing older population base, and better healthcare facilities. China and India are anticipated to be the major regional revenue pockets.

Latin America medical oxygen concentrators market is slated to register a high growth over the next few years, driven by factors such as high investments in healthcare infrastructural expansion, rising awareness among the patients about early diagnosis, and growing popularity of portable medical oxygen concentrators. Brazil is expected to make significant contributions towards the regional share.

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Heavy demand for medical oxygen concentrators in Europe, owing to inadequacy of pure oxygen supply accompanied by introduction of beneficial compensation policies by the government will drive the regional growth.UK and Germany are estimated to be the key growth drivers of the region.

Key industry participants include Advanced Technocracy Incorporation, Teijen, O2 Concepts, Philips Respironics, AirSep, Goodhealth Incorporation, DeVilbiss Healthcare, and Covidien Limited.

Browse Related Reports:

Homecare Oxygen Concentrators Market Size By Product (Portable Oxygen Concentrators, Compressed Gas Oxygen Cylinders, Liquid Oxygen), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, China, Japan, Brazil, South Africa), Price Trends, Competitive Market Share & Forecast, 2016 – 2023

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Wednesday, 22 November 2017

Inhalation Anesthesia Market to grow at 3.5% CAGR from 2017 to 2024

In what may be construed as a breakthrough in inhalation anesthesia market, Baxter International Incorporation, a medical products manufacturer, has collaborated with Dorizoe Lifesciences Limited, a CRO firm, to develop over twenty generic injectable high-quality products comprising oncolytics, cardiovascular medicines, and anti-infectives. Baxter had already made it to the headlines earlier this year for its acquisition of Claris injectables limited, a key player across inhalation anesthesia industry, in a bid to expand its geographical presence.

Apparently, Claris’ inclusion in its acquisition fold would help the firm consolidate their portfolio of anesthesia and analgesics drug products. Baxter’s unpretentious but powerful penetration in inhalation anesthesia industry underlines its commitment toward the medical and pharma verticals. Driven by the commendable efforts of medical companies and the robust prevalence of chronic ailments leading to the subsequent demand for anesthetics, inhalation anesthesia market size was pegged at USD 1,285.8 million in 2016.

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The product landscape of inhalation anesthesia market comprises isoflurane, sevoflurane, and desflurane – essential anesthetics used during crucial surgeries. Sevoflurane among these, is renown to have contributed significantly towards inhalation anesthesia industry revenue in 2016. Subject to favorable product features such as low flammability and intrinsic stability, sevoflurane inhalation anesthesia market share is set to witness a commendable expansion over the next few years. Its counterpart – isoflurane is mostly preferred in neurosurgeries due to its ability to potentiate muscle relaxant activity and assist the expansion of systemic vessels.

Considering the rising prevalence of chronic diseases such as cancer across the U.S., in tandem with the high-grade healthcare infrastructure and medical care expenditure of the country, it comes as no surprise that the United States is one of most remunerative avenues for inhalation anesthesia market. Estimates claim that the U.S. dominated the regional market share in 2016, driven by the surging product deployment in plastic surgeries and the growing prevalence of chronic lower respiratory ailments.

Browse key industry insights spread across 130 pages with 168 market data tables & 9 figures & charts from the report Inhalation Anesthesia Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/inhalation-anesthesia-market

Pertaining to the widespread applications of the product, inhalation anesthesia market has successfully established its presence across many other geographies across the globe, apart from the U.S. Europe inhalation anesthesia industry size for instance, impelled by the thriving economies of UK and Germany, is likely to chart out a profitable growth path in the years ahead. UK, in particular, will register a substantial growth rate over 2017-2024, given the rising prevalence of cancer and the rapidly increasing rate of surgical procedures.

Germany apparently, accounted for the highest share in the Europe market, driven by the growing geriatric population suffering from chronic ailments. In fact, as per estimates, cancer and cardiovascular disorders account for more than 66% of deaths in the country – a factor which is slated to upsurge the demand for anesthesia in surgeries, inherently propelling Germany inhalation anesthesia industry size.

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Inhalation anesthesia market, touted to be one of most profitable business spheres of recent times, has its share of restraints, one of principal ones being, the ill-effects of anesthetic products. Pertaining to the same, companies have been brainstorming ways to innovate contemporary products as per the illness and the level of its seriousness in question.

In essence, the undertaking of strategic initiatives and the growing R&D funding are expected to successfully complement inhalation anesthesia market outlook in the forthcoming years. If estimates are to be believed, this business vertical is anticipated to generate a target valuation exceeding USD 1.6 billion by 2024.

Browse Related Reports:

Therapeutic Respiratory Devices Market Size By Product (Nebulizers, Humidifiers, Oxygen Concentrators, Ventilators, Gas Analyzers, Capnographs), By Technology (Electrostatic Filtration, HEPA, Hollow Fiber Filtration, Microsphere Separation), By Filters (Nebulizer, Humidifier, Positive Airway Pressure Device, Oxygen Concentrator, Ventilator Filters), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Switzerland, France, Italy, Spain, China, India, Japan, Brazil, Mexico, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

https://www.gminsights.com/industry-analysis/therapeutic-respiratory-devices-market-report

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Wednesday, 8 November 2017

Oxygen Cylinders and Concentrators Industry Trends, Technology, Applications and Growth Drivers, 2024

The research report “Oxygen Cylinders and Concentrators Market Size By Product (Portable, Fixed), By Application (Healthcare, Pharmaceutical & Biotechnology, Manufacturing, Aerospace & Automotive, Others), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says, Oxygen Cylinders and Concentrators Market size is set to exceed USD 4.5 billion by 2024.

Powered by a rather humongous application spectrum in the healthcare fraternity, oxygen cylinders and concentrators industry has witnessed a dramatic proceed over the recent years. Testament of the fact is the billion-dollar valuation attained by this market in 2016. Estimates suggest the global oxygen cylinders and concentrators market to have crossed a revenue of USD 2 billion in the yesteryear. A large credit of this growth goes to the healthcare and medical sector, which indeed is regarded as one of the major application segments of this business space. A rapid rise in the number of patients with respiratory disorders has fueled the demand for oxygen cylinders substantially. As per AAAAI, approximately, 300 million people globally are diagnosed with Asthma out of which almost 250,000 people are succumbed to the disease. Estimates further claim that the number of Asthma patients will further grow by above 100 million by the end of 2025 – another data backing the lucrative roadmap projected for oxygen cylinders and concentrators market.

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Another vital trend that is fueling the growth of oxygen cylinders and concentrators industry is the increasing life expectancy of the elderly population. The drift is quite commendable across the U.S., where the overall geriatric population base is expected to surpass 98 million by 2060. Reportedly, the geriatric population then will represent 24% of the overall regional population. This surge will overtly leave a perpetual impact on oxygen cylinders and concentrators industry, as the elderly population is more prone to respiratory disorders such as COPD and Asthma. Asthma has further registered a high occurrence rate in the younger population (10-24 years) with a prevalence of 3%-18%. Allegedly, in the U.S., people aged 65 years and above have also recorded a high prevalence of Asthma – between 4%-10%, predominantly in the females. Speaking along similar lines, these trends also portray the United States as one of the profound growth avenues of oxygen cylinders and concentrators market. In fact, as per the estimates, in the year 2016, U.S. procured 85% of the regional industry share, backed by the huge patient pool suffering from respiratory ailments. As per reliable estimates, more than 10 million of the U.S. population suffer from COPD (Chronic Obstructive Pulmonary Disease).

Elaborating further about the geographical trends with regards to oxygen cylinders and concentrators market, Asia Pacific will also emerge as one of the prominent growth grounds in the ensuing years. A large geriatric population base prone to respiratory disorder, increasing pollution leading to lung ailments, and rising popularity of adventure water sports are few of the major drivers fueling APAC oxygen cylinders and concentrators market size. As per the estimates, China and India will be the major revenue pockets fueling APAC industry trends.

Browse key industry insights spread across 150 pages with 60 market data tables & 12 figures & charts from this 2017 report Oxygen Cylinders and Concentrators Market in detail along with the table of contents at:

https://www.gminsights.com/industry-analysis/oxygen-cylinders-and-concentrators-market

Speaking of the competitive landscape, the oxygen cylinders and concentrators market is intensely fragmented with a plethora of new entrants sharing the business space. Amidst the intense market share battle, product innovation is projected to be one of the major parameters underlining the sustainability quotient of the industry players. In this regard, the developing economies can prove to be an opportunistic investment spot for the industry players, owing to the huge product demand-supply gap in these regions. Some of the renowned names contending a strong portfolio in oxygen cylinders and concentrators market include Chart Industries, Invacare, Inogen, Catalina Cylinders, Philips, HERSILL, Air Liquide, and Cramer Decker Industries.

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However, one of the impeding parameters for the oxygen cylinders and concentrators industry remains the high cost of these devices. In addition, some of the claimed operational hazards associated with improper storage of these devices are also impacting the industry growth trends. Nonetheless, the incessant efforts by the industry players with regards to combating these restraints is set to fuel the market expansion in the coming years. Moreover, the increasing population suffering from respiratory disorders further validates that the oxygen cylinders and concentrators market demand will continue to witness commendable gains, in turn establishing a phenomenal profitability landscape.

Browse Related Reports:

https://www.gminsights.com/industry-analysis/homecare-oxygen-concentrators-market

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Wednesday, 25 October 2017

Pneumatic Nebulizers Market to witness growth of 6% from 2016 to 2023

The medical report on Pneumatic Nebulizers Market by Global Market Insights, Inc., says that the market is estimated to witness a CAGR of 6% over the period of 2016-2023, surpassing USD 1 billion by 2023. The dramatic rise in the prevalence of allergic diseases and respiratory disorders has remarkably impacted the growth of pneumatic nebulizers market.

The significant rise in the global geriatric population base has also been an important factor favoring the demand for these products as the elderly population is more prone to developing chronic obstructive pulmonary disease (COPD) and asthma. According to Centers for Disease Control and Prevention, the incidence of chronic obstructive pulmonary disease raised from 3.2% for people aged between 18-44 years to over 11.6% among those above 65 years of age. Rapid technological advancements and changing lifestyles are also the supporting factors for the rapid expansion of the global pneumatic nebulizers industry.

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Considering the regional landscape, Asia Pacific pneumatic nebulizers market is one of the major continents showing commendable growth with a CAGR of 8% over the coming period of 2016-2023. Increasing patient pool, changing lifestyles, and rapidly aging population in Japan, China, and India are the major factors driving the regional pneumatic nebulizers market. China is estimated to be the fastest growing region at a growth rate of 9.1% over the analysis period from 2016-2023, which is then followed by India and Japan. In response to the rising prevalence of respiratory disorders in the developing countries, the vented type of pneumatic nebulizers is expected to gain prominence, owing to its cost-effectiveness and easy integration with other devices. Vented pneumatic nebulizers industry size in terms of volume is anticipated to surpass 7.5 million units and exceed USD 700 million by 2023 in terms of revenue.

Browse key industry insights spread across 190 pages with 144 market data tables & 46 figures & charts from the report, “Pneumatic Nebulizers Market Size By Product (Breath-Actuated, Vented), By Application (Tabletop, Portable), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, Japan, China, India, South Africa, Brazil, Mexico), Unit Shipments, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/pneumatic-nebulizers-market

The worldwide pneumatic nebulizers industry is poised to witness several technological advancements with respect to portability, ease of use, size of the device, and operationality. With the advent of rechargeable batteries, there has been a significant rise in the demand of mobile and portable products. Increasing demand for bronchodilator or corticosteroid combination therapies have stimulated the growth of portable nebulizers market, expected to register a CAGR of 7.5% over 2016-2023.

In 2011, over 10 million people in the United States suffered from chronic bronchitis and more than 24 million adults were diagnosed with COPD, as per reports by the American Lung Association. Rising awareness toward respiratory diseases and rapid adoption of technologically advanced products has propelled U.S. pneumatic nebulizers industry share which stood at USD 200 million in 2015. Moreover, favorable reimbursement scenario and government initiatives to encourage early diagnosis and treatment of respiratory diseases have positively influenced the region market growth.

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The key industry participants accumulating significant pneumatic nebulizers industry share include Omron Corporation, DeVilbiss Healthcare, Philips Respironics, Becton, Salter Labs, Dickinson and Company, Heyer Medial AG, and PARI Medical Ltd.

Browse Related Reports:

https://www.gminsights.com/industry-analysis/therapeutic-respiratory-devices-market-report

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