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Medical Gases and Equipment Market is Expected to Reach USD 9 Billion Globally in 2018: Transparency Market Research
Date:3/20/2013

of anesthetic drugs with high profit margins and the growing use of medical air as an alternative anesthetic gas.

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Furthermore, in 2011, the vacuum systems market held majority of the market share in the global medical equipment market followed by the manifolds market. The global medical masks market is the fastest growing segment and is expected to grow at a CAGR of 11.5% from 2012 to 2018, because of high usage rate.

The North American medical gases and equipment market held the largest market share in 2011 on account of developed economies such as the U.S. and Canada and the presence of high disposable incomes coupled with the presence of sophisticated medical infrastructure in these economies. The Asian medical gases and equipment market is expected to exhibit the fastest CAGR during the forecast period due to the economic development in emerging economies such as India and China and the rapidly aging population of <
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