Medical Oxygen Market By Application, Production & Cost Analysis and Region Forecasts to 2025
WiseGuyReports.Com Publish a New Market Research Report On –“ Medical Oxygen Market By Application, Production & Cost Analysis and Region Forecasts to 2025”.
PUNE, INDIA, November 12, 2019 /EINPresswire.com/ --
Description: -
Medical Oxygen is available in a cylinder, which is made up of aluminum or brushed steel called oxygen cylinder. Medical Oxygen certified to have Oxygen up to some percentage at above the barrel and at the below some impurities.it is available in the form of compressed gas, liquid Oxygen under high pressure. It is used in hospitals as well as at home. As it is a prescribed drug, it can consider as a medical-grade.
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Listed Key Players
Air Liquide(Airgas)
Linde Healthcare
Praxair
Air Products
Taiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.)
Messer Group
SOL Group
Norco
Air Water Inc
Shenzhen Gaofa
The oxygen therapy started around 1917 — oxygen cylinder most commonly used by the people who have a lesser amount of Oxygen in their blood. While using oxygen, one must be very careful about when to start and stop it. Medical Oxygen is produced in a cryogenic distillation process that results in separations of Oxygen, nitrogen, and argon from the air.
In hospital Oxygen concentrators are used that purifies Oxygen from the received air. The U.S. Food & Drug Administration (FDA) makes the rule that nobody is allowed to purchase Medical Oxygen and Oxygen concentrator or any other oxygen device without prescription. Oxygen therapy is taken by the people affected by cardiac arrest, cyanosis, shock, severe hemorrhage, and others.
Market Segmentation of Global Medical Oxygen Market
The Global Medical Oxygen Market has been segmented depending upon their types. The different types of segments in which the medical Oxygen available are,
Compressed oxygen cylinders- The Compressed oxygen cylinders are available in a metal tank inside which oxygen gas compresses under high pressure. It is not movable; the smaller size of this tank is also available, known as a portable cylinder, which lasts for a shorter period
Oxygen concentrators- Oxygen concentrator is an oxygen device used for oxygen therapy that purifies Oxygen from the air that it receives.
Liquid oxygen systems- it is the most recent oxygen therapy that can be applied at home to treat the disease like cystic fibrosis, asthma, dysphasia, COPD, lung disease, cardio arrest, and pneumonia.
Major Geographical Regions of the Global Medical Oxygen Market
Based on the region, the global market of medical oxygen production covers countries like the United States, Europe, China, Japan, and others. Global demand for medical oxygen consumption covers Mexico, Canada, United States, China, India, Japan, Vietnam, Australia, Malaysia, Indonesia, Thailand, Philippines, Germany, Russia, Brazil, Italy, France, Turkey, Egypt and other
Industry Insights
The Global Market for Medical Oxygen in U.K. witnessing grows at a Compound Annual Growth Rate (CAGR) of 6.9% and generates revenue of more than its expectations by the year 2025. The Global Market of the Medical Oxygen was recorded to be moving at a higher positive side in the year 2018. The forecasted period for the growth of the Global Market for Medical Oxygen is termed as 2018 – 2025. The market in Europe has been seen to be the largest consumer of Medical Oxygen with the highest number of market share. The continent of Asia has been recognized as a developing market for the product in recent years.
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Table of Contents – Major Key Points
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Medical Oxygen Production by Regions
5 Medical Oxygen Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
Continued….
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