Medical Gases And Equipment Market

Medical Gases And Equipment Market, By Product Type (Medical Gases (Pure Gases and Gas Mixtures) and Medical Equipment (Manifolds, Outlets, Hose Assemblies and Valves, Alarm Systems, Cylinders and Accessories, Flowmeters, Regulators, Medical Air Compressors, Vacuum Systems, and Masks), By End User (Hospital, Ambulatory Care, Other End Users), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Medical gases and equipment are used to provide life support during the treatment of diseases such as respiratory illnesses, carbon monoxide poisoning, and cardiovascular diseases. Medical air compressors are used to supply contamination and particle free air to patients all the time. Increasing prevalence of chronic disorders such as heart disease, cancer, and diabetes, etc. is expected to propel the growth of the global medical gases and equipment market over the forecast period.

Furthermore, increasing funding by key market players for public hospitals along with increasing healthcare infrastructure are also expected to propel the market growth during the forecasted period.

Market Dynamics

Key market players are indulging in inorganic activities, such as collaboration agreements, which is expected to drive the growth of the market over the forecast period. For instance, in July 2021, Nippon Gases, one of the world’s leading industrial and medical gases companies, and Meltio, an equipment manufacturer for producing metal parts, based on its disruptive directed energy deposition (DED) multi laser technology, signed a collaboration agreement. The objective of this agreement was to work together towards the improvement of different DED multi laser additive manufacturing processes used by Meltio, utilizing metal wire and powder, as well as in the design of the appropriate systems for a correct and efficient supply of shielding gases, from the supply source to its final use in the equipment.

Key features of the study:

• This report provides an in-depth analysis of the global medical gases and equipment market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global medical gases and equipment market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• The key companies covered as a part of this study include Air Liquide S.A., Praxair, Inc. (The Linde Group), BeaconMedaes LLC, Air Products and Chemicals Inc., Medical Gas Solutions, Airgas Inc., and MATHESON Tri-Gas Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global medical gases and equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical gases and equipment market

Detailed Segmentation:

• By Product Type:
• Pure Gases
• Gas Mixtures
• Manifolds
• Outlets
• Hose Assemblies and Valves
• Alarm Systems
• Cylinders and Accessories
• Flowmeters
• Regulators
• Medical Air Compressors
• Vacuum Systems
• Masks
• Medical Gases
• Medical Equipment
• By End User:
• Hospital
• Ambulatory Care
• Other End Users
• By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
• Company Profiles
• Air Liquide S.A.
• Praxair, Inc. (The Linde Group)
• BeaconMedaes LLC
• Air Products and Chemicals Inc.
• Medical Gas Solutions
• Airgas Inc.
• MATHESON Tri-Gas Inc