Global Medical Oxygen Cylinder Market Set for Rapid Growth, to reach Value USD 6.58 Billion By 2032

Zion Market Research has published a new report titled “Medical Oxygen Cylinder Market By Type (Portable And Fixed), Application (Respiratory Department, Emergency Room, Household, Operating Room, And Others), and Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 - 2032” According to the report, global demand for medical oxygen cylinder market was valued at approximately USD 4.47 billion in 2023 and is expected to generate revenue of around USD 6.58 billion by the end of 2032, growing at a CAGR of around 4.52% between 2024 and 2032.

The medical oxygen cylinders are used to supply oxygen through an oxygen mask or nasal cannula. Oxygen is supplied in case of toxicity from carbon monoxide, low blood oxygen, and cluster headaches among other conditions. given. Continuing oxygen is frequently useful in persons with recurrently low oxygen like from severe cystic fibrosis or COPD. Oxygen is extensively used in emergency treatment, both by emergency medical facilities and in hospitals or those administering advanced first aid. High-flow oxygen is specified for use in revival, anaphylaxis, active convulsions, major trauma, shock, hypothermia, and major bleeding. Oxygen is also supplied in patients with severe respiratory conditions arising due to some viral infections such as COVID-19.

Browse the full “Medical Oxygen Cylinder Market By Type (Portable And Fixed), Application (Respiratory Department, Emergency Room, Household, Operating Room, And Others), and Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/medical-oxygen-cylinder-market

Factors such as the high prevalence of cystic fibrosis, increasing number of accidents, increasing spending on healthcare infrastructure by governments in developing regions, increasing geriatric population, and high demand due to outbreak of pandemics like COVID-19 will act as major driving factors in the growth of global medical oxygen cylinder market. Increasing investment in research and increasing the number of healthcare facilities will act as an opportunity for the market players in the medical oxygen cylinder market. Nonetheless, issues with supply chain and logistics will restrict the growth of the global medical oxygen cylinder market.

The global medical oxygen cylinder market has been split into type, application, and region. Based on type, the medical oxygen cylinder market has been segmented into portable and fixed. The fixed oxygen cylinder segment accounted for the highest market share in 2019 due to cost-saving features. The application division has been categorized into a respiratory department, emergency room, household, operating room, and others.

Regionally, the medical oxygen cylinder market is segmented into Asia Pacific, North America, Middle East & Africa, Latin America, and Europe. North America will be the leading region during the forecast period. The presence of latest healthcare infrastructure will boost the market growth in this region. Europe will be the second largest market. The major reasons are the higher effect of pandemics like COVID-19 and high investment in the healthcare sector. Asia Pacific will thrive at a speedy rate over the forecast period due to the rapid spread of contagious diseases and the increasing geriatric population. The Latin American market will progress at a noteworthy rate during the estimated period. The Middle Eastern and African countries are expected to experience noticeable growth in the projected time frame.

The report also includes detailed profiles of key players such as TECNO-GAZ, AirGenics, Allied Healthcare Products, FARUM, Attucho, ROYAX, Atlas Copco, Air Products, Airgas Inc., and Praxair Inc. among others.

This report segments the Global Medical Oxygen Cylinder Market as follows:

Global Medical Oxygen Cylinder Market: By Type

• Portable
• Fixed

Global Medical Oxygen Cylinder Market: By Application       

• Respiratory Department
• Emergency Room
• Household
• Operating Room
• Others

Global Medical Oxygen Cylinder Market: By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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