Medical and Healthcare Equipment

feature in Gasworld Magazine, Issue 125/October 2015, Stuart Radnedge

We are born.

We live, and then we die. Central to all of these stages of life is the Medical and Healthcare sector. For this reason alone it can be no surprise that this section of the industrial gasesworld is booming. A number of high value acquisitions from Tier One companies, like Air Liquide, in the healthcare sectorare responsible for significant financial performance boosts – specifically 6.8%. Linde’s acquisition of Lincare in August 2012 is also demonstrative of the valuethat can be added to a company in thismarket – adding to its already impressive annual turnover of €3bn (2013 statistics). So what are the trends in the marketand, more importantly, where is thegrowth? In this ‘In Focus’ we speak with those in this sector to discover what they believe is happening in this exciting market.

Growth Drivers

Rachel Mason, Business Manager, Hospital care at BOC Healthcare, commented, “BOC Healthcare is focused on providing a portfolio of medical gases, services and equipment for use in hospitals and other healthcare institutions such as vets, dentists, first response units and primary care facilities.”“The hospital care market is dominated by public procurement pressures i.e. the need to take cost out of healthcare systems whilst attempting to improve patient experience and meet the increasing demands driven by an ageing population.” ...