India Medical Gases Market Report and Forecast 2023-2031
India Medical Gases Market Outlook:
The India medical gases market is anticipated to grow at a CAGR of 15% during the forecast period of 2023-2031 driven by the increasing prevalence of respiratory diseases.
Medical Gases: Introduction
Medical gases play a critical role in various healthcare settings, providing essential support in patient care, diagnostics, and medical procedures. These gases are used in a wide range of applications, including anesthesia, respiratory therapy, surgery, and emergency care.
Medical gases such as oxygen, nitrous oxide, carbon dioxide, and compressed air are used to support patients with respiratory conditions, provide sedation during surgical procedures, and ensure the safe and efficient operation of medical equipment. Additionally, specialized medical gases like helium, nitrogen, and xenon are used for specific applications such as imaging and cryosurgery.
The market for medical gases is driven by factors such as the growing prevalence of respiratory diseases, increasing surgical procedures, and the rising demand for home healthcare services. The aging population and the rising incidence of chronic diseases further contribute to the demand for medical gases.
Key Trends in the India Medical Gases Market
Key trends in the Indian market for medical gases include:
- Increasing healthcare infrastructure: The Indian healthcare sector is experiencing significant growth, with the expansion of hospitals, clinics, and healthcare facilities across the country. This leads to a higher demand for medical gases to support patient care and medical procedures.
- Growing prevalence of respiratory diseases: Respiratory disease such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia are on the rise in India. This drives the demand for medical gases like oxygen and nebulized medications for respiratory support and treatment.
- Expansion of home healthcare services: There is a growing trend of providing healthcare services at patients' homes, especially for chronic disease management and post-operative care. This increases the demand for medical gases, such as oxygen, to be supplied and administered in home settings.
- Government initiatives and policies: The Indian government has implemented various healthcare initiatives and policies to improve access to quality healthcare services. This includes the provision of essential medical gases in public healthcare facilities, ensuring their availability and affordability.
India Medical Gases Market Segmentations
Market Breakup by Product Type
- Medical Gases
- Pure Medical Gases
- Oxygen
- Carbon Dioxide
- Nitrogen
- Nitrogen Oxide
- Medical Air
- Helium
- Others
- Medical Gas Mixture
- Blood Gas Mixture
- Lung Diffusion Mixture
- Nitrous Oxide Oxygen Mixture
- Carbon Dioxide Mixture
- Laser- Gas Mixture
- Aerobic Gas Mixture
- Anaerobic Gas Mixture
- Ethylene Oxide/ Sterilant Mixtures
- Helium – Oxygen Mixture
- Others
- Medical Gas Equipment
- Oxygen Concentrators
- Cryogenic Products
- Gas Delivery Systems
- Equipment Accessories
- Flowmeters
- Manifolds
- Hoses Optical
- Regulators
- Vacuum Systems
- Suction Regulators
- Medical Air Compressors
- Outlets
- Monitoring Systems
- Valves with Integrated Pressure Regulators (VIPRS)
Market Breakup by Form of Delivery
- High – Pressure Cylinders
- Liquid Tanks
- Bulk Delivery
- Others
Market Breakup by Application
- Therapeutic Applications
- Pharmaceutical Manufacturing and Research
- Diagnostic Applications
- Others
Market Breakup by End User
- Hospitals
- Ambulatory Surgical Centers
- Home Healthcare
- Pharmaceutical And Biotechnology Companies
- Diagnostic and Research Laboratories
- Academic And Research Institutions
- Others
Market Breakup by Region
India Medical Gases Market Overview
The market for medical gases in India is a crucial component of the healthcare industry, providing essential support for patient care and medical procedures. Medical gases, such as oxygen, nitrogen, carbon dioxide, and nitrous oxide, play a vital role in various healthcare settings, including hospitals, clinics, and home healthcare.
The demand for medical gases in India is driven by factors such as the expanding healthcare infrastructure, increasing prevalence of respiratory diseases, and the growing emphasis on quality and safety in healthcare delivery. With the rising number of hospitals and clinics across the country, there is a significant need for a reliable and uninterrupted supply of medical gases to support patient treatment and emergency care.
Moreover, the prevalence of respiratory diseases, such as asthma and COPD, is on the rise in India. These further fuels the demand for medical gases, particularly oxygen, to provide respiratory support and therapy. The increasing awareness of the importance of quality and safety in healthcare has led to stricter regulations and standards for the production, storage, and administration of medical gases.
Overall, the Indian market for medical gases is poised for growth due to the increasing healthcare infrastructure, rising prevalence of respiratory diseases, focus on quality and safety, government initiatives, and collaborations within the industry. These factors contribute to the continued development and expansion of the medical gases market in India.
India Medical Gases Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Linde India Limited
- INOX Air Products Limited
- Praxair India Private Limited
- Air Liquide India
- K-Air Speciality Gases Pvt. Ltd.
- SICGIL India Limited
- Bhuruka Gases Limited
- Uttam Air Products
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
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