Navigation Links
Lucintel Analysis: Medical Reforms and Aging Population to Offer Significant Growth Opportunities to China Oxygen Cylinders' Industry Players
Date:11/27/2013

IRVING, Texas, Nov. 27, 2013 /PRNewswire-iReach/ -- China Oxygen Cylinders market witnessed significant growth during the past five years and is expected to continue its growth momentum and reach an estimated $161 million by 2018. China is leading the global Oxygen Cylinders market. The Oxygen Cylinders market saw significant growth rate due to governmental support, healthcare infrastructural development, growing aging population and their proneness to respiratory diseases, growth in industrial manufacturing and construction market, and increasing demand of aircraft for domestic airlines and military purpose.

(Photo: http://photos.prnewswire.com/prnh/20131127/MN24038)

Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on the Oxygen Cylinder market for China and presents its findings in "China Oxygen Cylinders Market 2013-2018: Trends, Forecast, and Opportunity Analysis." Oxygen Cylinders are used in a variety of markets including medical, industrial, Self-Contained Breathing Apparatus (SCBA), aviation and space, and Self-Contained Underwater Breathing Apparatus (SCUBA).

The medical segment is the largest segment in oxygen cylinders market in terms of value shipment and represents huge growth potential. The industrial segment is the second largest user of Oxygen Cylinders in China, followed by self-contained breathing apparatus (SCBA), and aviation and space. Although the composite Oxygen Cylinders are costlier than steel and aluminium Oxygen Cylinders, composite cylinders had driven the market of Oxygen Cylinders in aviation and space segment, and there is enormous growth opportunity in the market because of weight and capacity advantages.

Oxygen cylinder market is facing significant challenge from the medical industry which is the largest customer of oxygen cylinders in China. Oxygen concentrators are proving itself a better substitute of oxygen cylinders in medical segment due to its associated advantages of portability without the need to refill over its lifetime. Increasing raw material prices such as steel and aluminium are also posing as challenges for the industry but Lucintel's analysis on the competitive landscape and industry fundamentals indicates that the market is likely to remain profitable over the next five years and beyond.

The market report identifies the drivers, challenges, and emerging trends in Oxygen Cylinders market in China which have an impact on the industry dynamics. The report reflects on the growth opportunity by end market applications on which the demand of oxygen cylinder depends. The report will be beneficial for all those who are directly or indirectly related to the industry where Oxygen Cylinders are used along with the ones who plan to participate in the industry in near future.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, M & A due diligence, insight, and cost efficiency.

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, roy.almaguer@lucintel.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com


'/>"/>
SOURCE Lucintel
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Generics Analysis: Key Patent Case Reviews
2. Medical Equipment Annual Deals Analysis: M&A and Investments Trends - 2012
3. Medical Equipment Monthly Deals Analysis: February 2013 - M&A and Investment Trends
4. 2013 Cancer Diagnostics Market Analysis: Cancer Testing Industry Growing Rapidly
5. Pre-Market Analysis: MannKind, Galena Biopharma, Ariad Pharma, and Novavax
6. Lung Cancer Alliance Congratulates 75 Medical Centers For Moving Swiftly And Responsibly On Lung Cancer Screening
7. Medical Device Developers - Network at BIOMEDevice Boston Next Week
8. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
9. Study Finds Utilizing Integrated Medical and Pharmacy Data Improves Ability to Forecast Use of High-cost Specialty Treatments
10. CareFusion to Sell Neurodiagnostic Business to Natus Medical for $58 Million
11. ulrich medical USA™ Releases New Expandable Spinal Implant for US Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... Alzheimer Diagnostic Tests - Medical Devices ... Devices sector report , "Alzheimer Diagnostic Tests - ... of Alzheimer Diagnostic Tests currently in pipeline stage. ... pipeline products with comparative analysis of the products ... major players involved in the pipeline product development. ...
(Date:2/8/2016)... 2016 CBG Technologies, a U.S. company, ... Recycling Systems, specifically designed for precision parts cleaning. ... and existing vapor degreasers, parts washers and ultrasonic ... continuous recycling and recovers 100% of the solvent ... --> Precision parts manufacturers benefit from this ...
(Date:2/8/2016)... --> --> ... Technologies Market by Product (Radiofrequency, Ultrasound, Irreversible Electroporation, Cryotherapy, ... Ophthalmology, Gynecology) - Global Forecasts to 2020", published by ... forecast period of 2015 to 2020. The market is ... of 10.5% from 2015 to 2020. Browse ...
Breaking Medicine Technology:
(Date:2/8/2016)... Vegas, Nevada (PRWEB) , ... February 08, 2016 ... ... at RowdMap, Inc., will be speaking on how healthcare companies can use newly ... costs, manage the health of a population and intervene and capture the value ...
(Date:2/8/2016)... ... February 08, 2016 , ... ... four states in the U.S. require dental technicians to be certified or obtain ... dental industry, NADL created the “What’s In Your Mouth?” campaign to inform dentists ...
(Date:2/7/2016)... Texas (PRWEB) , ... February 07, 2016 , ... ... new MyDecision™ program. MyDecision™ empowers employers and organizations with the tools and information ... MyDecision™ combines three elements to cut the cost of providing employee healthcare benefits ...
(Date:2/6/2016)... ... 06, 2016 , ... US Sports Camps is proud to sponsor the Bay ... together top non-profit leaders, ultimate organizations, and coaches from around the US. The theme ... Disc Program Director of Youth and Education, describes this year YUCC as “an important ...
(Date:2/6/2016)... ... February 06, 2016 , ... Research has shown ... to reduce the frequency and level of relapse. , At the ... and Purpose,” will explore the critical tasks of the recovery phase and beyond ...
Breaking Medicine News(10 mins):