Technavio has been monitoring the medical gas cylinder market and it is poised to grow by $ 2 bn during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Medical Gas Cylinder Market 2020-2024. (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Allied Healthcare Products Inc., B.N.O.S. Meditech Ltd., BOC Ltd., Essex Industries Inc., Everest Kanto Cylinder Ltd., Heltman Medikal AS, Heyer Aerotech GmbH, Luxfer Holdings Plc, SHANGHAI AMCAREMED TECHNOLOGY Co. Ltd., and Worthington Industries Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growing need for medical gas cylinders during chronic disease treatment and surgeries has been instrumental in driving the growth of the market. However, stringent regulations might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Medical Gas Cylinder Market 2020-2024: Segmentation
Medical Gas Cylinder Market is segmented as below:
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Medical Gas Cylinder Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The medical gas cylinder market report covers the following areas:
Medical Gas Cylinder Market Size
Medical Gas Cylinder Market Trends
Medical Gas Cylinder Market Industry Analysis
This study identifies a rise in vendors offering customized, innovative products as one of the prime reasons driving the medical gas cylinder market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Medical Gas Cylinder Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist medical gas cylinder market growth during the next five years
Estimation of the medical gas cylinder market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the medical gas cylinder market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of medical gas cylinder market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user
HHH - Market size and forecast 2019-2024
PBI - Market size and forecast 2019-2024
RI - Market size and forecast 2019-2024
Market opportunity by End-user
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
Asia - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume drivers - Demand led growth
Market positioning of vendors
Allied Healthcare Products Inc.
B.N.O.S. Meditech Ltd.
Essex Industries Inc.
Everest Kanto Cylinder Ltd.
Heltman Medikal AS
Heyer Aerotech GmbH
Luxfer Holdings Plc
SHANGHAI AMCAREMED TECHNOLOGY Co. Ltd.
Worthington Industries Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200831005545/en/