North America medical gas market is expected to witness market growth at a rate of 7.05% in the forecast period of 2022 to 2028. Data Bridge Market Research report on medical gas market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the prevalence of fungal diseases globally is escalating the growth of tropical infection globally is escalating the growth of medical gas market. Medical gases are an important component of many long-term care treatments for chronic conditions, and thereby rising prevalence of these diseases is expected to drive the growth of the medical gases market in the coming years. Furthermore, increased demand for advanced medical gas equipment such as vacuum systems and manifolds, are expected to drive market growth.

For instance, Powerex is the first manufacturer of medical gas systems to test and certify manifolds. In addition, lately, healthcare has been evolving toward personalized medicine, DIY healthcare, and the homecare model, driven by technological advancements and financial pressure. This dramatic shift has created some significant opportunities in the medical gases industry. Home oxygen therapy, respiratory treatments, sleep therapy, and positive airway pressure devices have all increased demand for medical gases, and this is expected to continue over the next decade.

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Medical Gas Market Report Highlights

  • Based on product, the pure gas segment dominated the market with a share of 57.0% in 2021 owing to the presence of a huge patient base suffering from respiratory disorders, and increasing number of patients requiring emergency medical care.
  • Based on application, the therapeutic segment is expected to witness a CAGR of 8.0% over the forecast period. This is owing torise in the number of chronic diseases, and an increasing geriatric population.
  • The hospital segment dominated the market in 2021, owing to hospitals' extensive use of medical gases and equipment as a result of their large patient pool.
  • North America dominated the market and accounted for the highest revenue share of 45.3% in 2021. The growing awareness about chronic diseases, rising adoption of technologically advanced therapeutic and diagnostic products is projected to contribute to the regional market growth .

 

Highlight of Table of Content:

§  Chapter 1: Market overview

§  Chapter 2: North America Medical Gas Market Analysis

§  Chapter 3: Regional analysis of North America 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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The major players covered in the live medical gas market report are Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, The Linde Group, SOL-SpA, Praxair Technology, Inc., Air Liquide, Atlas Copco, GCE Holding AB, Messer Group, The Southern Gas Limited, Aims Industries Ltd., Amico Group, GCE Group, Crumpton Welding Supplies & Equipment, Zaburitz Pearl Co., Ltd., Ellenbarrie Industrial Gases, Uttam, SCI Analytical, Rotarex, and Allied Healthcare Products Inc., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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 North America 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 North America 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 North America Medical Gas Market?

 

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