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. The "therapeutics applications" accounts for the largest application segment in the medical gas market within the forecasted period owing to its high demand as medicinal products and the related equipment in healthcare facilities. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. This growth of the global medical gas market is due to the increasing demand for medical gas in both developed and developing countries. Among the developed countries, the most significant demand for medical gas is in Europe, followed by North America. In the developing countries, the main markets are China and India. The most common medical gases are oxygen, helium, nitrogen, and carbon dioxide, and, argon, nitrous oxide, among others. Helium is used mainly for pulmonary treatment procedures such as bronchoscopy and nebulization. Nitrogen is used for medical treatments such as anesthetizing patients before surgery or during childbirth. Argon is used mainly for anesthesia purposes, including general anesthesia and neuromuscular blockade.
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Product
- Medical Gases
- Medical Gas Equipment
On the basis of product, the medical gas market is segmented into medical gases and medical gas equipment. Medical gases have been further sub-segmented into pure medical gases and medical gas mixtures. Pure medical gases have been divided into type and form of delivery where type has been classified into carbon dioxide, oxygen, nitrogen, nitrous oxide, medical air and helium.
Application
- Pharmaceutical Manufacturing and Research
- Diagnostic Applications
- Therapeutic Applications
- Others
On the basis of application, the medical gas market is segmented into pharmaceutical manufacturing and research, diagnostic applications, therapeutic applications and others. The therapeutics applications will register a significant growth rate owing to its high demand as medicinal products and the related equipment in healthcare facilities.
Method of Separation
- Physical Separators
- Fractional Distillation
- Molecular Sieve
- Semipermeable Membrane
- Others
On the basis of method of separation, the medical gas market is segmented into physical separators, fractional distillation, molecular sieve, semipermeable membrane and others.
End User
- Hospitals
- Home Healthcare
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutions
- Emergency Service Providers
- Others
On the basis of end user, the medical gas market is bifurcated into hospitals, home healthcare, pharmaceutical and biotechnology companies, academic and research institutions, emergency service providers and others.
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: 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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