Medical Gas Equipment Market Report: Trends, Forecast and Competitive Analysis

Medical Gas Equipment Market Trends and Forecast

The future of the medical gas equipment market looks promising with opportunities in the therapeutic, diagnostics, pharmaceutical manufacturing, and research centres. The global medical gas equipment market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028. The major drivers for this market are increasing prevalence of chronic diseases, increasing surgical volume, and rapid growth in the geriatric population.

Medical Gas Equipment Market by Product, and End Use Industry

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global medical gas equipment market report, please download the report brochure.

Medical Gas Equipment Market by Segments

Medical Gas Equipment Market by Segment

The study includes a forecast for the global medical gas equipment market by medical gas equipment market by product, end use industry, and region, as follows:

Medical Gas Equipment Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:

Manifolds

Outlets

Hose Assemblies and Valves

Alarm Systems

Cylinders

Flowmeters

Regulators

Medical Air Compressors

Vacuum Systems

Others

Medical Gas Equipment Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

Hospitals

Clinics

Ambulatory Surgical Centers

Others

Medical Gas Equipment Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

North America

Europe

Asia Pacific

The Rest of the World

List of Medical Gas Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical gas equipment companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical gas equipment companies profiled in this report include.

Linde plc

Air Products

Air Liquide

Atlas Copco AB

Messer SE & Co. KGaA

GCE Group

Praxair Technology

SOL SpA

Medical Gas Solutions

DCC plc

Medical Gas Equipment Market Insights

Lucintel forecasts that manifolds will remain the largest segment over the forecast period due to the growing demand for medical gases among hospitals and ambulatory surgical centres is influencing the need for manifolds to distribute medical gases continuously.

Hospitals is expected to remain the largest segment due to the increasing demand for medical gases in hospitals as a result of the cumulative admission rate of patients with lung-related disorders and chronic obstructive pulmonary disease (COPD).

North America will remain the largest region due to rising use of medical gases in the treatment of respiratory diseases such as COPD and asthma, the presence of major key players and well-established healthcare and pharmaceutical sector in this region.

Features of the Medical Gas Equipment Market

Market Size Estimates: Medical Gas Equipment market size estimation in terms of value ($B)

Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

Segmentation Analysis: Medical gas equipment market size by various segments, such as by product, end use industry, and region

Regional Analysis: Medical gas equipment market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different by product, end use industry, and regions for the medical gas equipment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the medical gas equipment market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the medical gas equipment market size?

Answer: The global medical gas equipment market is expected to reach an estimated $xx billion by 2028.

Q2. What is the growth forecast for medical gas equipment market?

Answer: The global medical gas equipment market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the medical gas equipment market?

Answer: The major drivers for this market are increasing prevalence of chronic diseases, increasing surgical volume, and rapid growth in the geriatric population.

Q4. What are the major segments for medical gas equipment market?

Answer: The future of the medical gas equipment market looks promising with opportunities in the therapeutic, diagnostics, pharmaceutical manufacturing, and research centres.

Q5. Who is the key medical gas equipment companies?

Answer: Some of the key medical gas equipment companies are as follows:

Linde plc

Air Products

Air Liquide

Atlas Copco AB

Messer SE & Co. KGaA

GCE Group

Praxair Technology

SOL SpA

Medical Gas Solutions

DCC plc

Q6. Which medical gas equipment segment will be the largest in future?

Answer: Lucintel forecasts that manifolds will remain the largest segment over the forecast period due to the growing demand for medical gases among hospitals and ambulatory surgical centres is influencing the need for manifolds to distribute medical gases continuously.

Q7. In medical gas equipment market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to rising use of medical gases in the treatment of respiratory diseases such as COPD and asthma, the presence of major key players and well-established healthcare and pharmaceutical sector in this region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the medical gas equipment market by product (manifolds, outlets, hose assemblies and valves, alarm systems, cylinders, flowmeters, regulators, medical air compressors, vacuum systems, and others), end use industry (hospitals, clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to medical gas equipment market or related to medical gas equipment companies, medical gas equipment market size, medical gas equipment market share, medical gas equipment analysis, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
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