Global Medical Purity Analyzer Market to Surpass US$ 497.0 Million by 2027, Says Coherent Market Insights (CMI)
October 15, 2020SEATTLE–(BUSINESS WIRE)–#MedicalPurityAnalyzer–According to Coherent Market Insights, the global medical purity analyzer market is estimated to be valued at US$ 344.0 million in 2020 and is expected to exhibit a CAGR of 5.4% during the forecast period (2020-2027).
Key Trends and Analysis of the Global Medical Purity Analyzer Market:
The rising prevalence of chronic diseases such as cancer, strokes, and respiratory diseases, approval and launch of novel products, and the increasing adoption of inorganic growth strategies by key players operating in the market are factors that are expected to drive the market growth over the forecast period.
According to the World Health Organization’s 2018 report, cancer is the second leading cause of death globally, and was responsible for an estimated 9.6 million deaths in 2018. According to the same source, around 1 in 6 deaths across the globe is caused due to cancer.
Key players operating in the market are focusing on launching new products by receiving approvals in order to expand their product portfolio and increase their presence in the global market. For instance, in July 2017, Emerson, a global technology and engineering company, launched the Rosemount CT5800 continuous gas analyzer. It is a first gas purity analyzer measuring up to 12 components simultaneously. The CT5800 is the first Quantum Cascade Laser (QCL) analyzer designed for industrial process applications requiring Class I, Division 2 hazardous area certification built within a flameproof enclosure.
For instance, in September 2018, MATHESON, a subsidiary of TAIYO NIPPON SANSO CORPORATION Group, acquired Weld Specialty Gas & Equipment, Inc., Milwaukee, Wisconsin, U.S., a supplier of medical gas analyzer equipment. (Read more…) As a result of this acquisition MATHESON has increased its presence in four locations in southeastern Wisconsin where Weld Specialty Gas & Equipment, Inc., operated
Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/4236
Key Market Takeaways:
The global medical purity analyzer market is expected to expand at a CAGR of 5.4% during the forecast period, owing to an increasing number of surgical procedures. According to the National Center for Health Statistics report, in 2018, 48 million surgical procedures were performed in the U.S. out of which cardiovascular disease surgeries were around 7.3 million.
Among type, the laser analyzer segment is expected to holds a dominant position in the medical purity analyzer market in 2020, owing to an increase in the adoption rate of laser analyzer and growing demand for integrated solutions.
Competitive Landscape:
Key players operating in the global medical purity analyzer market are AMETEK, California Analytical Instruments, Drägerwerk AG, Eaton Corporation PLC, Emerson Electric Co., Honeywell International Inc., Spectris PLC, Teledyne Analytical Instruments, Vasthi Engineers Pvt Ltd, Novair Medical, Roscid Technologies, The Linde Group, Praxair, Inc., Fluke Corporation, MEECO Inc. and Matheson Tri-Gas.
Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4236
Market Segmentation:
-
Global Medical Purity Analyzer Market, By Type:
- Laser Analyzer
- Infrared Analyzer
- Zirconia Analyzer
- Paramagnetic Analyzer
- Thermal Conductivity Analyzer
- Flame Ionization Analyzer
- Gas Chromatography Analyzer
- Others
-
Global Medical Purity Analyzer Market, By Application:
- Medical Gas Production
- Medical Gas Verification
- Others
-
Global Medical Purity Analyzer Market, By End User:
- Hospitals
- Academic and Research Institutes
- Biopharmaceutical Companies
- Others
-
Global Medical Purity Analyzer Market, By Region:
-
North America
- U.S.
- Canada
-
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
-
Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
-
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
-
Middle East
- GCC
- Israel
- Rest of Middle East
-
Africa
- South Africa
- Central Africa
- North Africa
-
North America
Related Market Intelligence Report:
Array Market (Life Science and Biotechnology Instruments), By Type (DNA Array, Protein Array, Tissue Array, Cell Array), By End User (Biopharmaceutical and Pharmaceutical, Diagnostic Laboratories, Research Laboratories, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.
Contacts
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: [email protected]
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter