As per this study the Global Medical Gases And Equipment Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
The medical gases are the fluids (high pressured gases) that are used by the pharmaceutical & healthcare facilities to prevent disease, sterilize, synthesize, and insulate the process and as life support for humans. These include oxygen, nitrogen gas, carbon dioxide, helium gas and many more. Whereas, the gas equipment includes compressors, cylinders, masks, vacuum systems that stores & delivers the medical gases.
The rise in chronic pulmonary diseases such as COPD, asthma, dyspnea, and others, increasing prevalence of tobacco smokers along with growing count of aged population is driving the market growth. The growing healthcare infrastructure, and increasing demand point of care diagnostics is also boosting the growth of this market. On the counter side, decreasing federal reimbursement policies for chronic pulmonary disease treatments will curb the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of medical gases and equipment.
The broad medical gases and equipment market has been sub-grouped into product and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Medical Gases
- Pure Medical Gases
- Oxygen Gas
- Nitrous Oxide Gas
- Nitrogen Gas
- Carbon Dioxide Gas
- Helium Gas
- Other Gases
- Medical Gas Mixtures
- Carbon Dioxide and Oxygen Mixture
- Helium and Oxygen Mixture
- Nitrous Oxide and Oxygen Mixture
- Other Medical Gas Mixtures
- Biological Atmosphere
- Medical Gas Equipment
- Hose assemblies and valves
- Vacuum Systems
- Other Medical Gas Equipment
- Ambulatory Care
- Other End Users
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for medical gases and equipment in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Medical Gases And Equipment Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the medical gases and equipment market include Air Liquide, Air Products And Chemicals Inc., Amico Group Of Companies, Atlas Copco, Beaconmedaes, Flogas, Matheson Tri-Gas Inc., Messer Group Gmbh, Taiyo Nippon Sanso Corporation
and The Linde Group
among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.