Medical Gas Manifold Market size was estimated at $551.7 Million in 2019 and is expected to reach $897.5 Million by 2027, growing at a CAGR of 7.2% during the forecast period of 2020 to 2027.
Pipeline networks with numerous openings are called manifolds. To boost the supply of gas at the source, manifolds are specially constructed devices that link two or more cylinders to a single pipeline. Medical manifolds have the ability to lower high pressure from cylinders to the required pressure, making their usage in hospital pipelines practical. Medical gases are frequently utilised in hospitals to give patients in intensive care units long-term support (ICUs). It is practical to manufacture medical air on-site rather than storing it in gas cylinders because it is utilised in hospitals in big volumes. A hospital’s medical gas supply must adhere to strict installation standards and patient safety regulations.
The global market for medical manifolds is primarily driven by rising consumer and producer awareness of the safety of medicinal gases. The global market for medical manifolds is being driven by the increase of hospitals as a result of the expansion of the health care infrastructure. The market is also being stimulated by the founding of associations that are supportive of the business, such as the Gases & Welding Distributors Association (GAWDA), Compressed Gas Association, and Medical Gas Association (MGA). The U.S. Food and Drug Administration Safety and Innovation Act is now law thanks to the ongoing efforts of CGA and GAWDA members. These organisations aid in formulating tactics that would eventually aid the sector in thriving and prospering.
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Global Medical Gas Manifold Market: By Type
Aluminium Gas Manifold
Brass Gas Manifold
Stainless Steel Gas Manifold
Other
Global Medical Gas Manifold Market: By Application
Hospital
Clinic
Other
Global Medical Gas Manifold Market:key players
Linde
Rotarex
Amcaremed
Pegisdan
Mim Medical
Drager
Hersill
Ohio Medical
GCE Group
Medicop
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
What’s Included in the Report –
- Market size and growth projections, 2020- 2030
- Market size, share, and growth projections across regions and countries, 2022- 2030
- Market size and CAGR of key products, applications, and end-user verticals, 2022- 2030
- Short and long term Market trends, drivers, restraints, and opportunities
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
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