Monday, January 18, 2021
  • About us
  • Contact
  • Privacy Policy
  • Sitemap
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
No Result
View All Result
Home Business

Medical Oxygen Cylinder Business: Demand for this business is very high in epidemic, great opportunity to earn crores

Archana Sharma by Archana Sharma
September 26, 2020
in Business
1
Medical Oxygen Cylinder Business
776
SHARES
4.3k
VIEWS
Share on FacebookShare on Twitter

Oxygen is a biological requirement to maintain life in the earth, no life is possible without it. There is a lot of gas in the atmosphere, out of which the gas we absorb is oxygen. But when someone has trouble breathing due to some disease, then he is admitted to the hospital. In such a situation, doctors first apply oxygen to the patient.

Therefore, the need for oxygen gas cylinders is very high in medical hospitals. Recently, oxygen gas cylinders are being used a lot due to the worldwide epidemic like Coronavirus. Due to increasing corona patients day by day, there is a shortage of oxygen cylinders in many hospitals. In such a situation, if you start its manufacturing plant, you will get a lot of benefit from it. Here we are giving some tips and information to start it.

You might also like

IRFC IPO: Should you put money in IRFC IPO? Understand important details before investing

Hurun Global 500: 2.2 million employees working at Walmart, TCS included in top 10 employers

HDFC Bank’s profit up 18% to 8,758 crore in Q3, income also increases

This company makes medical equipment more than small business, exports to 80 countries, turnover reached Rs 50 crore

Manufacturing Unit of Medical Oxygen Cylinder

To start a manufacturing unit of Medical Oxygen Gas Cylinder, you will need to contact its manufacturer. Because they will give you all the information from oxygen manufacturing to its cylinder filling. After this, you can start your business.

Medical Oxygen Cylinder Business Equipment

You also need to understand the logistics of medical oxygen business. Be sure to know about the equipment required to produce your own oxygen. There are many oxygen concentrations available in the market. Oxygen supply business also requires some additional equipment such as –

  • Flowmeter,
  • pressure gauge,
  • oxygen mask,
  • Cannula and
  • Other elements etc. to fit the entire system together.

You need to make a business plan to decide which elements will be part of your oxygen supply business, which will also determine the kind of facility you will need. Like any business venture, there is much to learn from the market research, potential customer base and opportunities available to entrepreneurs.

Medical Science: Genetically Designed Fat Cells Will Fight Obesity

How to start an oxygen gas cylinder business?

The oxygen gas filled in the medical oxygen gas cylinder is completely pure. Let us tell you that medical-grade oxygen accumulates above 85% and below a certain percentage of impurities, this shows its purity. If you are going to start the business of oxygen gas cylinders, then you must first keep in mind that it does not contain any toxins or other chemical elements, it should be completely clean from pollution to a specific standard. Which should not bother any patient by using it. You will need to review all the rules regarding oxygen supply and cylinder handling so that you can ensure that you are following all the standards.

Medical Oxygen Gas Cylinder Transportation

Safety is better for the medical use of oxygen gas cylinders. Therefore special attention is given to its transportation. The pressure in the oxygen cylinder is very high. Tank pressure can be up to 3 thousand PSI for personal or transportable use. Therefore it requires special attention and a safety protocol to be followed while handling it. While planning your oxygen transport, you need to make sure that your goods car or truck works safely in a certain position to prevent them from colliding.

For oxygen cylinder transport it is necessary to review the Department of Occupational Safety and Health Administration and Transport Standards, you must ensure that you can meet all the qualifications. However, this rule is not only for transportation but also for all the standards that you have to meet for storage and production.

Earn great profits by doing business of the medical store, know how to store

License for Medical Oxygen Gas Cylinder Business

When any person wants to start any type of medical-related business, it is important for them to ensure that they also meet all the licensing and permissions requirements.

  • Some states require a license to sell specific medical equipment. Therefore, whatever information is required for it at the state level, obtain the license after completing all the formalities.
  • It is also necessary to get permission from the local board for where you are starting a business.
  • Apart from this, you are also required to check the incorporation laws of your state to understand how to start this new business properly and legally and to register.

Atal Innovation Mission partnering with FreshWorks to empower innovative entrepreneurs

Investment in medical oxygen gas cylinder business

Medical oxygen gas cylinder business is a kind of big plant. To start with, you need a lot of capital. To meet your goals, you have to invest at least Rs 10 to 20 lakhs in it. You may need to invest even more in this business. For this, you can take a loan from the bank.

Risks in Medical Oxygen Gas Cylinder Business

Due to very high pressure in the oxygen gas cylinder, there is a big risk regarding the safety of its transport. It has to work by following specific protocols. Therefore, there is a possibility of risk in it.

In this way, you can get a chance to earn millions by starting this business in the coronary, but in this business, you need to be very careful. Which you have to take care of.

Read- Top 9 Small Business Ideas for Nurses & Doctors in 2020

Profit in medical oxygen gas cylinder business

These days, due to Coronavirus, there has been a shortage of oxygen gas cylinders in the country, due to which the demand for it has increased a lot. In such a situation, if you do this kind of business, then you can make a lot of profit in these days.

Careful! Your Aadhaar Card can also be fake, thus identify the real one

Previous Post

Daughter’s Day 2020: Best Investment Plans for better future of your daughters?

Next Post

How about Ritesh Agarwal Journey from college dropout to becoming OYO hotel room CEO?

Archana Sharma

Archana Sharma

Related Posts

IRFC IPO: Should you put money in IRFC IPO? Understand important details before investing
Industries

IRFC IPO: Should you put money in IRFC IPO? Understand important details before investing

by Business News
January 18, 2021
Huroon Global 500 check here top 10 largest employer and smallest employer tcs in top 10 largest employer and walmart on top spot
Industries

Hurun Global 500: 2.2 million employees working at Walmart, TCS included in top 10 employers

by Business News
January 18, 2021
HDFC bank Q3 results bank profit increased 18 percent to 8,758 crore
Industries

HDFC Bank’s profit up 18% to 8,758 crore in Q3, income also increases

by Business News
January 18, 2021
IRFC manages to raise Rs 1400 crore from 31 anchor investors ahead of IPO
Industries

IRFC IPO 2021: IRFC raises 1389 crores from anchor investors, first IPO of this year will come on January 18

by Business News
January 16, 2021
Maruti Suzuki Smart Finance launched across 30+ cities know here Easy steps to get a car loan online
Automotive

You will get loan for Maruti cars sitting at home, apply this way; Facility will be available in these cities

by Business News
January 15, 2021
Next Post
How about Ritesh Agarwal Journey from college dropout to becoming OYO hotel room CEO

How about Ritesh Agarwal Journey from college dropout to becoming OYO hotel room CEO?

Comments 1

  1. Priya Ranjan says:
    2 months ago

    Hello mam,
    I want to set up an oxygen plant in bihar, so for this what will be the total cost and what is the procedure.
    Please guide me mam.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Recommended

how to secure future and achieve finANCIAL GOAL VIA LIFE INSURANCE GET HERE SOME FINANCIAL TIPS

Life Insurance: Secure family’s future through life insurance, how to make strategy

November 26, 2020
india richest women by forbes 93pecent networth increase

Forbes: India’s richest women, wealth rises 93% in 1 year

October 10, 2020

Don't miss it

After the results, HDFC Bank has a strong boom, should you invest in shares or wait now?
Share Market

After the results, HDFC Bank has a strong boom, should you invest in shares or wait now?

January 18, 2021
8 trains for statue of unity started, know fare and routes of 8 trains connecting statue of unity in kevadiya gujarat with different regions of country
India

8 trains up to Statue of Unity, know fares and route details

January 18, 2021
View technology: India's first gaming tech company to launch IPO, Rakesh Jhunjhunwala has invested
Share Market

View technology: India’s first gaming tech company to launch IPO, Rakesh Jhunjhunwala has invested

January 18, 2021
IRFC IPO: Should you put money in IRFC IPO? Understand important details before investing
Industries

IRFC IPO: Should you put money in IRFC IPO? Understand important details before investing

January 18, 2021
Huroon Global 500 check here top 10 largest employer and smallest employer tcs in top 10 largest employer and walmart on top spot
Industries

Hurun Global 500: 2.2 million employees working at Walmart, TCS included in top 10 employers

January 18, 2021
WhatsApp new privacy policy, whatsapp sets up own status to reassures users of their privacy
Tech

The new privacy policy became a ‘trouble’ for WhatsApp, giving its own status to users

January 17, 2021
Business Khabar

Business Khabar provides the latest news about market, financial, tech, sports and business news from around the world.

Learn more

Categories

  • Automotive
  • Business
  • Car & Bike
  • Career
  • Entrepreneur
  • Fashion
  • Featured
  • Finance
  • Food
  • Health
  • India
  • Industries
  • Insurance
  • Investments
  • Lifestyle
  • Money
  • Opinion
  • Real Estate
  • Schemes
  • Share Market
  • Startups
  • Tech
  • Top Stories
  • Travel
  • uncategorized
  • World

Important

JIOMART FASHION

BUSINESS PLAN

ATUM 1.0 BIKE

UPCOMING IPO

VEGETABLE BUSINESS

MARUTI UPCOMING CARS

BUSINESSMEN STORY

TERACUBE 2E

BUSINESS AFTER LOCKDOWN

IPL COACH SALARY

CSC REGISTRATION

 

Recent News

After the results, HDFC Bank has a strong boom, should you invest in shares or wait now?

After the results, HDFC Bank has a strong boom, should you invest in shares or wait now?

January 18, 2021
8 trains for statue of unity started, know fare and routes of 8 trains connecting statue of unity in kevadiya gujarat with different regions of country

8 trains up to Statue of Unity, know fares and route details

January 18, 2021
View technology: India's first gaming tech company to launch IPO, Rakesh Jhunjhunwala has invested

View technology: India’s first gaming tech company to launch IPO, Rakesh Jhunjhunwala has invested

January 18, 2021

Copyright © 2020 Business Khabar

No Result
View All Result
  • Home
  • World
  • Business
    • Automotive
    • Industries
    • Startups
    • Entrepreneur
  • Tech
  • Money
    • Schemes
    • Investments
    • Finance
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Travel
  • Reviews
    • Car & Bike
  • Top Stories
  • Contact Us
  • Real Estate
  • Contact
  • About us

Copyright © 2020 Business Khabar

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.