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Medical Gas Equipment Market by Product - Global Industry Analysis and Forecast to 2022
Published On : November 2017 Pages : 105 Category: Medical Devices Report Code : HC11350
SEGMENTS & REGIONS:
- Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa
Industry Outlook and Trend Analysis
The Medical Gas Equipment Market was worth USD billion in the year 2017 and is expected to reach approximately USD billion by 2022, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. Growing rates of respiratory issue combined with the advent of positive United States Food and Drug Administration directions is relied upon to drive medical gas equipment market request throughout the following years. Developing worldwide base of aged populace and expanding commonness of way of life propensities, for example, smoking and absence of physical activity are activating occurrence rates of respiratory issue. World Health Organization (WHO) distributed estimates recommend that the worldwide base of populace of the age group- 65 years or more is required to ascend from 7 percent of every 2000 to 16 percent out of 2050. Besides, developing interest for healthcare and point of care markets and the resulting presentation of medical devices that are portable are anticipated to support market demand. The global medical gas equipment market is anticipated to witness significant development in the following years.
Product Outlook and Trend Analysis
Fundamental market products incorporate alarm systems, flow meters, masks, hose assemblies & valves, cylinders, manifolds, vacuum system, regulators, medical air compressors and outlets. Medical gas vacuum systems ruled the medical gas equipment market on the basis of revenue in 2017 attributable to expanding utilization rates and higher costs related. Also, masks are distinguished as the most appealing section of the medical gas equipment market. Low costs of manufacturing related with these items combined with high utilization rates are two variables ascribing to its appeal. Regulators and medicinal gas outlets are additionally anticipated that would witness huge development over the estimate time frame. Developing number of activities tending to security issues have urged makers to much of the time refresh their item portfolio and this is required to drive fragment development amid the gauge time frame.
Regional Outlook and Trend Analysis
Major regional sections of medicinal gas equipment incorporate Asia-Pacific, Europe, North America and RoW. North America ruled the general therapeutic gas equipment market on the basis of income share in 2017. The existence of advanced healthcare framework, high volume of minimally invasive medical and execution of the United States Food and Drug Administration Safety and Innovation Act are a few elements ascribing to its substantial share. In 2017 Europe was the second most profit generating district of the medicinal gas equipment market. The existence of affiliations, for example, the European Industrial Gasses Association and Medical Gas Association combined with modern healthcare foundation in developed Western European nations are a few variables anticipated that would drive regional development. Additionally, the existence of advantageous development opportunities in the rising Eastern European markets, for example, Poland and Russia is relied upon to serve the European medicinal gas hardware showcase with future development openings. Asia Pacific medical gas equipment market is anticipated to develop at the speediest CAGR amid the figure time frame inferable from the nearness of quickly enhancing healthcare framework, consciousness of patients and healthcare spending levels in the developing markets of China and India.
Competitive Insights
The global market has a wide existence of local producers who popularize their products in terms of cost by exploiting their pre-built up supply channels. Likewise, the existence of constrained item separation openings and the section of producers with substantial income bases, for example, Atlas Copco are anticipated to keep the business contention at abnormal states all through the conjecture time frame. Some of the major players in the market are The Linde Group, Allied Health Care, Air Liquide India Holding Pvt Ltd, Powerex, Medical Gas Solutions Ltd, Ohio Medical, Praxair, BeaconMedaes, Matheson Tri-Gas and Air Products & Chemicals. In 2017 the global market was dominated by Air Liquide. The existence of a broad product portfolio, lucrative adoption of development methodologies, for example, ALMA – 2017 and sales development accomplished by means of putting resources into rising Latin American, Eastern European and Asian economies and tapping on the accessible development openings are a few elements representing its market position.
The global Medical Gas Equipment Market is segmented as follows-
By Product:
- Manifolds
- Flowmeters
- Cylinders and Accessories
- Outlets
- Masks
- Vacuum Systems/Pumps
- Alarm Systems
- Medical Air Compressors
- Hose Assemblies and Valves
- Regulators
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2022?
- What will be the industry market growth from 2017 to 2022?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Medical Gas Equipment Market Classification
- Medical Gas Equipment Market, By Product, Estimates and Forecast, 2012-2022 ($Million)
- Vacuum System
- Alarm Systems
- Manifolds
- Medical Air Compressors
- Regulators
- Cylinders and Accessories
- Flowmeters
- Outlets
- Hose Assemblies and Valves
- Masks
- Medical Gas Equipment Market, By Region, Estimates and Forecast, 2012-2022 ($Million)
- North America
- North America Medical Gas Equipment Market, By Country
- North America Medical Gas Equipment Market, By Product
- U.S. Medical Gas Equipment Market, By Product
- Canada Medical Gas Equipment Market, By Product
- Mexico Medical Gas Equipment Market, By Product
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- Europe
- Europe Medical Gas Equipment Market, By Country
- Europe Medical Gas Equipment Market, By Product
- Germany Medical Gas Equipment Market, By Product
- France Medical Gas Equipment Market, By Product
- UK Medical Gas Equipment Market, By Product
- Italy Medical Gas Equipment Market, By Product
- Spain Medical Gas Equipment Market, By Product
- Rest of Europe Medical Gas Equipment Market, By Product
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- Asia-Pacific
- Asia-Pacific Medical Gas Equipment Market, By Country
- Asia-Pacific Medical Gas Equipment Market, By Product
- Japan Medical Gas Equipment Market, By Product
- China Medical Gas Equipment Market, By Product
- Australia Medical Gas Equipment Market, By Product
- India Medical Gas Equipment Market, By Product
- South Korea Medical Gas Equipment Market, By Product
- Rest of Asia-Pacific Medical Gas Equipment Market, By Product
- Asia-Pacific
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- Rest of the World
- Rest of the World Medical Gas Equipment Market, By Country
- Rest of the World Medical Gas Equipment Market, By Product
- Brazil Medical Gas Equipment Market, By Product
- South Africa Medical Gas Equipment Market, By Product
- Saudi Arabia Medical Gas Equipment Market, By Product
- Turkey Medical Gas Equipment Market, By Product
- United Arab Emirates Medical Gas Equipment Market, By Product
- Others Medical Gas Equipment Market, By Product
- Rest of the World
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Geriatric Population
3.2.1.2. Growing Demand for Point of Care Diagnostics and Home Healthcare
3.2.1.3. Favorable regulatory Policies
3.2.2. Restraints
3.2.2.1. Shortage of Helium
3.2.3. Opportunities
3.2.3.1. Emerging Economies to Offer Lucrative Growth Opportunities
4. Medical Gas Equipment Market, By Product
4.1. Introduction
4.2. Medical Gas Equipment Market Assessment and Forecast, By Product, 2012-2022
4.3. Vacuum System
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Alarm Systems
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Manifolds
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.6. Medical Air Compressors
4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.7. Regulators
4.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.8. Cylinders and Accessories
4.8.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.9. Flowmeters
4.9.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.10. Outlets
4.10.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.11. Hose Assemblies and Valves
4.11.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.12. Masks
4.12.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Medical Gas Equipment Market, By Region
5.1. Introduction
5.2. Medical Gas Equipment Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.3.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.3. U.S.
5.3.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.4. Canada
5.3.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.5. Mexico
5.3.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4. Europe
5.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.4.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.3. Germany
5.4.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.4. France
5.4.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.5. UK
5.4.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.6. Italy
5.4.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.7. Spain
5.4.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.8. Rest of Europe
5.4.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5. Asia-Pacific
5.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.5.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.3. Japan
5.5.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.4. China
5.5.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.5. Australia
5.5.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.6. India
5.5.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.7. South Korea
5.5.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.8. Rest of Asia-Pacific
5.5.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6. Rest of the World
5.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.6.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.3. Brazil
5.6.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.4. Turkey
5.6.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.5. Saudi Arabia
5.6.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.6. South Africa
5.6.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.7. United Arab Emirates
5.6.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.8. Others
5.6.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6. Company Profiles
6.1. Air Liquide
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments
6.2. Matheson Tri-Gas Inc.
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments
6.3. Air Products and Chemicals Inc.
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
6.4. Linde Gas
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Key Financials
6.4.4. Strategic Developments
6.5. Praxair Inc.
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Key Financials
6.5.4. Strategic Developments
6.6. Linde Gas
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Key Financials
6.6.4. Strategic Developments
6.7. BeaconMedaes LLC
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Key Financials
6.7.4. Strategic Developments
6.8. Air Gas Inc.
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Key Financials
6.8.4. Strategic Developments
6.9. Medical Gas Solutions
6.9.1. Business Overview
6.9.2. Product Portfolio
6.9.3. Key Financials
6.9.4. Strategic Developments
6.10. Ohio Medical
6.10.1. Business Overview
6.10.2. Product Portfolio
6.10.3. Key Financials
6.10.4. Strategic Developments
6.11. Allied Health Care
6.11.1. Business Overview
6.11.2. Product Portfolio
6.11.3. Key Financials
6.11.4. Strategic Developments
6.12. Amico Corp.
6.12.1. Business Overview
6.12.2. Product Portfolio
6.12.3. Key Financials
6.12.4. Strategic Developments
6.13. Powerex
6.13.1. Business Overview
6.13.2. Product Portfolio
6.13.3. Key Financials
6.13.4. Strategic Developments
6.14. Gentec Corp.
6.14.1. Business Overview
6.14.2. Product Portfolio
6.14.3. Key Financials
6.14.4. Strategic Developments
List of Tables
List of Tables
Table 1.Global Medical Gas Equipment Market, By Product ($Million), 2012-2022
Table 2.Vacuum System Market, By Region ($Million), 2012-2022
Table 3.Alarm Systems Market, By Region ($Million), 2012-2022
Table 4.Manifolds Market, By Region ($Million), 2012-2022
Table 5.Medical Air Compressors Market, By Region ($Million), 2012-2022
Table 6.Regulators Market, By Region ($Million), 2012-2022
Table 7.Cylinders and Accessories Market, By Region ($Million), 2012-2022
Table 8.Flowmeters Market, By Region ($Million), 2012-2022
Table 9.Outlets Market, By Region ($Million), 2012-2022
Table 10.Hose Assemblies and Valves Market, By Region ($Million), 2012-2022
Table 11.Masks Market, By Region ($Million), 2012-2022
Table 12.North America Medical Gas Equipment Market, By Country, 2012-2022 ($Million)
Table 13.North America Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 14.U.S. Medical Gas Equipment Market, by Product, 2012-2022 ($Million)
Table 15.Canada Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 16.Mexico Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 17.Europe Medical Gas Equipment Market, By Country, 2012-2022 ($Million)
Table 18.Europe Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 19.Germany Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 19.France Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 20.UK Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 21.Italy Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 22.Spain Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 23.Rest of Europe Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 24.Asia-Pacific Medical Gas Equipment Market, By Country, 2012-2022 ($Million)
Table 25.Asia-Pacific Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 26.Japan Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 27.China Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 28.Australia Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 29.India Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 29.South Korea Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 31.Rest of Asia-Pacific Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 32.Rest of the World Medical Gas Equipment Market, By Country, 2012-2022 ($Million)
Table 33.Rest of the World Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 34.Brazil Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 35.Turkey Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 36.Saudi Arabia Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 37.South Africa Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 38.United Arab Emirates Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 39.Others Medical Gas Equipment Market, By Product, 2012-2022 ($Million)
Table 40.Air Liquide: Key Strategic Developments, 2017-2017
Table 41.Matheson Tri-Gas Inc.: Key Strategic Developments, 2017-2017
Table 42.Air Products and Chemicals Inc.: Key Strategic Developments, 2017-2017
Table 43.Linde Gas: Key Strategic Developments, 2017-2017
Table 44.Praxair Inc.: Key Strategic Developments, 2017-2017
Table 45.Linde Gas: Key Strategic Developments, 2017-2017
Table 46.BeaconMedaes LLC: Key Strategic Developments, 2017-2017
Table 47.Air Gas Inc.: Key Strategic Developments, 2017-2017
Table 48.Medical Gas Solutions: Key Strategic Developments, 2017-2017
Table 49.Ohio Medical: Key Strategic Developments, 2017-2017
Table 50.Allied Health Care: Key Strategic Developments, 2017-2017
Table 51.Amico Corp.: Key Strategic Developments, 2017-2017
Table 52.Powerex: Key Strategic Developments, 2017-2017
Table 53.Gentec Corp.: Key Strategic Developments, 2017-2017
List of Figures
List of Figures
Figure 1.Global Medical Gas Equipment Market Share, By Product, 2012 & 2022, ($Million)
Figure 2 Medical Gas Equipment Market, By Region, 2012 & 2022, ($Million)
Figure 3.Air Liquide: Net Revenues, 2017-2017 ($Million)
Figure 4.Air Liquide: Net Revenue Share, By Segment, 2017
Figure 5.Air Liquide: Net Revenue Share, By Geography, 2017
Figure 6.Matheson Tri-Gas Inc.: Net Revenues, 2017-2017 ($Million)
Figure7.Matheson Tri-Gas Inc.: Net Revenue Share, By Segment, 2017
Figure8.Matheson Tri-Gas Inc.: Net Revenue Share, By Geography, 2017
Figure9. Air Products and Chemicals Inc.: Net Revenues, 2017-2017 ($Million)
Figure10. Air Products and Chemicals Inc.: Net Revenue Share, By Segment, 2017
Figure 11.Air Products and Chemicals Inc.: Net Revenue Share, By Geography, 2017
Figure12.Linde Gas: Net Revenues, 2017-2017 ($Million)
Figure 13.Linde Gas: Net Revenue Share, By Segment, 2017
Figure 14.Linde Gas: Net Revenue Share, By Geography, 2017
Figure 15.Praxair Inc.: Net Revenues, 2017-2017 ($Million)
Figure 16.Praxair Inc.: Net Revenue Share, By Segment, 2017
Figure 17.Praxair Inc.: Net Revenue Share, By Geography, 2017
Figure 18.Linde Gas: Net Revenues, 2017-2017 ($Million)
Figure 19.Linde Gas: Net Revenue Share, By Segment, 2017
Figure 21.Linde Gas: Net Revenue Share, By Geography, 2017
Figure 22.BeaconMedaes LLC: Net Revenues, 2017-2017 ($Million)
Figure 23.BeaconMedaes LLC: Net Revenue Share, By Segment, 2017
Figure 24.BeaconMedaes LLC: Net Revenue Share, By Geography, 2017
Figure 25.Air Gas Inc.: Net Revenues, 2017-2017 ($Million)
Figure 26.Air Gas Inc.: Net Revenue Share, By Segment, 2017
Figure 27.Air Gas Inc.: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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