About Health Oxygen Plant
Oxygen plants are industrial systems outlined to produce oxygen. They typically use air as a feedstock and separate it from other components of air using pressure swing adsorption or membrane separation techniques. Such plants are distinct from cryogenic separation plants which separate and capture all the components of air.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, and new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that China Players will contribute the maximum growth to Global Health Oxygen Plant market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Yuwell (China), Praxair, Inc, QaExplore Equipment Pvt Ltd (India), Invacare (United States), Sysmed (Romania), Philips Respironics (United States), Kongsung (China), Foley (United States), Longfei (China), PCI (Singapore) and Noxerior (Italy) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Health Oxygen Plant market by Type (Cryogenic Oxygen/Nitrogen Plants, PSA Based Oxygen Plants and VPSA Oxygen Plants), Application (Metal industry, Chemical and petrochemical industries, Oil and gas industry, Glass manufacturing Industry, Healthcare Industry and Others) and Region.
On the basis of geography, the market of Health Oxygen Plant has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Purity Based, the sub-segment i.e. High Purity Oxygen Generators (Purity upto ~ 99%) will boost the Health Oxygen Plant market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Improvements in Healthcare Domain
Market Growth Drivers:
Increasing Healthcare Expenditure, Better Medical Facilities, and Rapid Technological Advancements and Enhanced Failure Safety and Reliability
Challenges:
Lack of Awareness in Several Underdeveloped Nations
Restraints:
High Installation Cost, Limited Production Capacity and High Power Consumption
Opportunities:
The Outburst of the Covid-19
Market Leaders and their expansionary development strategies
NOVAIR, the worldwide leading manufacturer of on-site gas production systems, is very proud to announce the acquisition of OGSI - Oxygen Generating Systems Intl. NOVAIR strengthens by this acquisition even further its global presence and manufacturing capacity,
NF Healthcare, a leading manufacturer and provider of PSA Oxygen generators, launched their unique and highly efficient MOSS 1800F product, with a capacity of producing up to 1000 + LPM of medical graded oxygen (with a purity of 93+-3%)
In India, Medical Oxygen is Governed under the Drugs and Cosmetics Act, 1940.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations, Health Oxygen Plant Manufacturer, Distributor and Supplier and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.