Medical Gas Market was valued at USD 2.56 billion in 2021 and is expected to reach USD 4.37 billion by 2029, registering a CAGR of 6.9% during the forecast period of 2022-2029.
Key Benefits for Stakeholders
• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the medical gases and equipment market analysis from 2022 to 2029 to identify the prevailing medical gases and equipment market opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the medical gases and equipment market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global medical gases and equipment market trends, key players, market segments, application areas, and market growth strategies.
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The medical gases and equipment market is segmented into product type, application, end user, and region. On the basis of product type, the market is classified into medical gases, and medical gas equipment. The medical gases segment is further bifurcated into pure medical gases and medical gas mixtures. The medical gas equipment segmented is further bifurcated into compressors, cylinders, hose assemblies and valves, masks, vacuum systems, regulator, and others (manifolds, outlets, flowmeter, alarm system). Depending on application, the market is classified into therapeutics, diagnostics and others (pharmaceutical manufacturing, and research). By end user, it is segregated into hospitals, ambulatory surgical centers, diagnostic and research laboratories, and others (pharmaceutical and biotechnology companies, home healthcare, academic and research institutions). Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The medical gases and equipment market is segregated into therapeutic, diagnostics and others. The therapeutic segment dominated the market in 2022, owing to higher adoption of medical gases and equipment for treatment of diseases and surge in incidence of heart disease, which required oxygen gas. The diagnostics segment is expected to witness the highest CAGR during the forecast period, owing to an increase in endoscopy procedure that uses medical gases and equipment and rise in demand of medical gases for diagnostic purpose, such as increase in use of lung diffusion mixture for pulmonary function testing.
Highlight of Table of Content:
Chapter 1: Market overview
Chapter 2: Global Medical Gas Market Analysis
Chapter 3: Regional analysis of Medical Gas Market
Chapter 4: Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the medical gas market are Air Products Inc., (U.S), Linde Plc (Germany), Air Liquide (France), Ellenbarrie Industrial Gases (India), Praxair Technology, Inc., (U.S), TAIYO NIPPON SANSO CORPORATION, (Japan), AIMS INDUSTRIES PRIVATE LIMITED (India), scicalgas (U.S), SOL Group (Italy), Atlas Copco AB (Sweden), Zaburitz Pearl Energy Co., Ltd., (Myanmar), Rotarex (Luxembourg), Messer Group GmbH (Germany), Amico Group, (UAE) and GCE Group (Sweden) among others.
Profound Questions Answered in this Report:
• What is the growth rate of various stages in the value chain of the industry?
• Which region has the highest growth rate and size of the emerging market by value in 2022?
• Who are the competitive players in Medical Gas Market?
• Which region has the largest share and degree of competition in the industry?
• What is the CAGR of the market during the forecast period 2022 to 2029?
• Which region is expected to hold the highest market share for the market?
• What is the main driver of the Medical Gas Market?
• What is sales volume, revenue, and price analysis of top players of the market?
• What are the market opportunities and threats faced by the vendors in the industry?
• What has been the impact of COVID-19 on Medical Gas Market?
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