India Oxygen Cylinder Market (2021-2027) | Companies, Size, Trends, Outlook, Revenue, Growth, Share, Industry, Value, Analysis, Forecast & COVID-19 IMPACT

India Oxygen Cylinder market is expected to witness growth during the forecast period. Being on the verge of highest risk of the pandemic backed by the plummeting number of cases in the country, India Oxygen Cylinder Market is gaining very high growth prospects underpinned by the highest demand for medical oxygen Cylinders as the government of the country seeks redressal for availability of adequate oxygen for COVID suspects in order to save lives of the citizens of the country. Also, with the increased need for oxygen, Philips India is taking keen initiative for the adequate supply of the oxygen Cylinders, further anticipated to assist the company to lead the growth battle in the overall market competitive landscape and, is as a result, anticipated to provide sound growth prospects for growth seeking investors and stakeholders for alignment of their financial resources parked with the same.

According to 6Wresesarch, India Oxygen Cylinder Market size is anticipated to witness substantial growth during 2021-27. There is no doubt that the pandemic has hit the world with a vast amount of population ended up in losing their lives at the end. Owing to the respiratory hit and track method of the virus, it is impacting the respiratory health of many of the immunocompromised population, which is, as a result leading to an increased demand for oxygen Cylinders for adequate supply of the same in to the convict’s body. This has gradually shoot up the demand for medical oxygen Cylinders not only in hospitals and ambulatory surgical centres, but also in home health care setups. As a result, the market for oxygen Cylinders has been witnessing sky rocketing growth since the pandemic has hit upon the world, and as the graph is nowhere expected to fully drain in the coming short interval of time, sound growth prospects for the product market are expected to be witnessed in the upcoming three years.

As the government is keen over taking high end initiative for the adequate availability of the product, high funding is flowing into the same with not only relying over the domestic production, but also over increased dependency over private players in the market for allocation of their industrial oxygen Cylinders to medical oxygen Cylinders in order to address the emergency. With a spike in the number of cases, the increased demand for the product has pressurised the government to take stringent action towards the availability of the same, further leading to a funding of Rs. 551 cr. From the PM-care fund into district hospitals HQ for setting up of oxygen plants and, further restricting the use of the liquid oxygen to medical use only. Also, marking the highest number of cases, Maharashtra and New Delhi lead the market demand owing to the plummeting cases across the two states and comparatively not able to acquire the adequate oxygen needed for the same.

Some of the key players of the market include Invacare Corporation, Chart Industries Inc., DeVilbiss Healthcare LLC, GCE Group, Supera Anaesthesia Innovations, O2 Concepts, Teijin limited, Nidek Medical, Inogen, Philips Healthcare, Linde Plc and ResMed.

The India Oxygen Cylinder market report thoroughly covers the market by Type, Application, end-users and key Regions. The India Oxygen Cylinder outlook report provides an unbiased and detailed analysis of the on-going India Oxygen Cylinder market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Key Highlights

• India Oxygen Cylinder Market Outlook
• India Oxygen Cylinder Market Overview
• India Oxygen Cylinder Market Forecast
• Historical Data for the period 2017-2020 and Market Forecast of India Oxygen Cylinder Market Revenues until 2027
• Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By Type
• Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By Application
• Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By End User
• Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By Regions
• Market Drivers and Restraints
• India Oxygen Cylinder Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• India Oxygen Cylinder Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Type:
• Portable Bottles
• Fixed Cylinder
• By Application:
• Medical
• Aviation and Space
• SCUBA
• SCBA
• Industrial
• By End User:
• Hospital and Surgical Centres
• Mountaineering
• Technical Diving
• Rocket Engines
• Scuba Diving
• Others

Frequently Asked Questions About the Market Study (FAQs):