Medical oxygen cylinders contains oxygen at high pressure or liquid form and is used at times of medical emergency, that are stored in tempered steel containers that are used to keep oxygen at high pressure. Oxygen cylinders have wide application in medical or diagnostic purposes. It is available in various sizes based on the usage. The oxygen must be in the purest form to the medical devices and the formation of the cylinders is the important step. This is non-reactive compressed O2 which is widely applicable for medical, therapeutic or diagnostic purposes. To prevent contamination no other gas is added in the medical oxygen gas cylinder.

MARKET DYNAMICS- ASIA PACIFIC MEDICAL OXYGEN GAS CYLINDERS MARKET

The medical oxygen gas cylinders market has been seeing incredible growth from the past few decades. The primary factors responsible for the market growth are growing awareness amongst the people and patients regarding the usage of medical oxygen gas cylinder. Likewise, rising surgical procedures leads to increasing demand for medical oxygen gas cylinders will fuel market growth. Also, increased breathing problems in geriatric population. Nevertheless, stringent regulatory procedures and high costs of oxygen cylinders are the major restraining factor that could hamper the growth of the market.

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COVID-19 IMPACT ON ASIA PACIFIC MEDICAL OXYGEN GAS CYLINDERS MARKET

The COVID 19 is severe acute respiratory syndrome that causes an infection to respiratory system and low oxygen saturation so demand for medical oxygen gas cylinder has increased. This pandemic has resulted in escalation of patients to emergency healthcare departments so this will impact the market in coming years. Due to rise in chronic diseases among all populations there will be increasing demand for oxygen gas cylinders which is the driving factor for market in the appraisement period. Hence, COVID 19 has positively affected the market growth.

ASIA PACIFIC MEDICAL OXYGEN GAS CYLINDERS MARKET SEGMENTAL OVERVIEW

The study analyses Asia Pacific Medical Oxygen Gas Cylinders market based on technology, product, end users and country.

MEDICAL OXYGEN GAS CYLINDERS MARKET BY TECHNOLOGY

By the different technologies involve in the medical oxygen gas cylinders market is segmented into Plus Flow and Continuous Flow. The continuous flow segment held the largest share of the market in 2020 owing to, rising cases of chronic diseases like cardiovascular diseases, respiratory diseases, and gastrointestinal disorders. As the continuous flow oxygen gas cylinders delivers oxygen at a constant rate that is required for various treatment of diseases.

MEDICAL OXYGEN GAS CYLINDERS MARKET BY PRODUCT

According to the various products involve in medical oxygen gas cylinders market is classified into portable and fixed. The fixed segment dominated the market in 2020, and is anticipated to continue this trend during the forecast period. The fixed medical oxygen gas cylinder are majorly used during surgical procedures in hospitals. Also demand for fixed oxygen gas cylinders has increased due to increasing cases of COVID-19.

MEDICAL OXYGEN GAS CYLINDERS MARKET BY END USERS

Depending on the end users the medical oxygen gas cylinders market is classified into hospitals, home healthcare and others. The hospital segment will dominate the significant market value over the forecast period. The factors driving the market growth are rising admission of patients suffering from respiratory problems. As well as rise in chronic cases causes increasing trends towards use of oxygen gas cylinders will boosts growth of the market.

MEDICAL OXYGEN GAS CYLINDERS MARKET BY COUNTRY

The countries covered in the Asia-Pacific medical oxygen gas cylinders market report are China, Japan, India and rest of APAC. The China held the largest market share of Asia Pacific medical oxygen gas cylinders market and is likely to dominate the market over the estimated time frame. China is one of the major contributing country in medical field and also it is well developed country. The advancement in healthcare infrastructure and facilities is the major factor for the market growth in the region.

ASIA PACIFIC MEDICAL OXYGEN GAS CYLINDERS MARKET KEY PLAYERS

The major market key players include Koninklijke Philips N.V (Netherlands), Invacare Corporation (United States), Nidek Medical Products, Inc. (United States), Inogen, Inc (United States), Messe Düsseldorf GmbH (Germany), ResMed (United States), DeVilbiss Healthcare LLC (United States0, Airgas Inc (United States), Messer Group GmbH (Germany), OrientMEd International. (Dubai), TECNO-GAZ SpA (Italy), Allied Healthcare Products Inc (United States), Praxair Inc (United States), ROYAX (India), AirGenics Inc (United States), Air Products Inc (United States), Luxfer Gas Cylinders (United States), Cramer Decker Medical (United States)and Catalina Cylinders (United States).

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