Oxygen gas comprises 21 percent of atmospheric gas. Its symbol is O2. Atomic weight of oxygen is 16, atomic no. is 8 and relative molecular mass is 32. Oxygen gas is nonmetallic element. Oxygen is colorless, odorless and tasteless. Oxygen reacts with all elements, but not with inert gases to make compound called oxides. Medical oxygen is high purity oxygen that's used for medical treatments and is developed to be used within the physical body. Medical oxygen cylinders contain a high purity of oxygen gas; no other varieties of gases are allowed within the cylinder to stop contamination.
Medical oxygen is very important within the healthcare industry due to its several uses. a number of the most important uses & application of medical grade O2 are mentioned below. Commonly medical oxygen is run in medical facilities like hospitals and clinics. It’s used during anesthesia, first aid resuscitation for emergencies, life support for patients who can’t breathe on their own, and oxygen therapy.
Medical Oxygen Gas Cylinders Market is valued at USD 8.30 Billion in 2018 and expected to reach USD 14.41 Billion by 2025 with the CAGR of 6.2% over the forecast period. Rising prevalence of chronic diseases and infectious like Covid-19, cancer, asthma, diabetes, heart attack etc. and surge in global geriatric population are some important factors driving the growth of medical oxygen gas cylinders market.
Oxygen cylinders are needed for the rising demand of hospitals, home care settings and lots of others. Medical oxygen gas cylinders are present in several sizes depending upon the requirement. In hospitals, oxygen gas therapy is implemented on the patients for the treatment of chronic health conditions to enhance energy levels, sleep and a more robust quality lifetime of patients. Oxygen is widely utilized in hospitals for the treatment of variety of acute and chronic diseases. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
Bellary Oxygen Co. Pvt. Ltd.
Bhilai Oxygen Ltd.
Govind Poy Oxygen Ltd.
Howrah Gases Ltd.
Linde India Ltd.
Praxair India Pvt. Ltd.