The research and analysis on key market developments, leading competitors, and detailed competition analysis covered in this Medical Gases Market report help companies to imagine an overview of the market and the products that ultimately help define superior business strategies. This report also provides important data, current market trends, future events, market background, technological innovation, upcoming technologies and technical advancements in the relevant industry. The Medical Gases market research report offers clients the best results and has been produced using integrated approaches and the latest technology.
The study conducted for the healthcare sector also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and barriers to entry, channels sales and distributors with the help of SWOT analysis and Porter’s Five Forces Analysis. Comprehensively estimate general market conditions, market growth prospects, possible restraints, significant industry trends, market size, market share, sales volume, and future trends. This report on Medical Gases market has been prepared with the combination of steps employing a fine mix of industry information, practical solutions, and the latest tools and technologies.
A medical gas is the gas produced, packaged and intended for administration to a patient for the purposes of therapy, anesthesia or diagnosis. Medicinal gases are primarily used in home health care, hospitals, biotechnology and pharmaceutical companies, emergency service providers, as well as academic and research institutions. Medical air, carbon dioxide, oxygen, nitrogen, and nitrous oxide are the most common medical gases used in hospital areas, including recovery areas, patient rooms, wards. ‘operation and others.
The global medical gases market is expected to reach a healthy CAGR of 7.2% during the forecast period 2019 to 2026.
Competitive Analysis: Global Medical Gases Market
Some of the major players operating in this medical gases market are Air Products and Chemicals, Inc. (USA), Taiyo Nippon Sanso Corporation (Japan), The Linde Group (Dublin), SOL-SpA (Italy), Praxair Technology, Inc ( United States), Air Liquide (France), Atlas Copco (Sweden), GCE Holding AB (Sweden), Messer Group (Germany), The Southern Gas Limited (India), Aims Industries Ltd. (India), Amico Group (United States), GCE Group (Sweden), Crumpton Welding Supplies & Equipment (USA), Zaburitz Pearl Co., Ltd. (Myanmar), Ellenbarrie Industrial Gases (India), Uttam (Pakistan), SCI Analytical (USA), Rotarex (Brazil, Luxembourg, United Arab Emirates), Allied Healthcare Products Inc. (USA) and many more.
Medical Gases Market Highlights Report:
Changing the dynamics of the sector
Deep market segmentation
Size of historic, current and projected sectors
Recent industry trends
Key competition overview
Strategies of the main players and product offerings
Potential and niche segments / regions showing promising growth
A neutral perspective with respect to the market trend
Market segmentation: global medical gases market
The medical gases market is segmented into four main segments such as product, application, separation method, end user, and geography.
On the basis of product, the market is segmented into medical gas and medical gas equipment. The medical gases segment is divided into pure medical gases and medical gas mixtures. The pure medical gases segment is further segmented into type and form of delivery. The typical segment is divided into oxygen, carbon dioxide, nitrous oxide, nitrogen, helium, and medical air. The shape of the delivery segment is further divided into high pressure cylinders, liquid cylinders and bulk delivery. The medical gas mixtures segment is further segmented into blood gas mixtures, pulmonary diffusion mixtures, carbon dioxide-oxygen mixtures, nitrous oxide-oxygen mixtures, laser gas mixtures, aerobic gas mixtures, anaerobic gases, mixtures of ethylene oxide and helium-oxygen. The medical gas equipment segment is divided into equipment accessories, oxygen concentrators, cryogenic products (freezers) and gas distribution systems. Equipment accessories segment is divided into optical tubes, manifolds, regulators, flow meters, suction regulators, vacuum systems, outlets, medical air compressors, monitoring systems.
On the basis of application, the market is segmented into pharmaceutical manufacturing and research, diagnostic applications, therapeutic applications, etc. Pharmaceutical Production and Research segment is divided into drug discovery, pharmaceutical manufacturing, process development and quality control. The diagnostic applications segment is sub-segmented into medical imaging and general laboratory use. Therapeutic applications segment is divided into respiratory diseases, cardiovascular diseases, anesthesia, cryosurgery and other therapeutic applications. In 2019, the therapeutic applications segment is growing at the highest CAGR over the forecast period of 2019 to 2026.
In February 2018, Matheson Tri-Gas (subsidiary of Taiyo Nippon Sanso Corporation (Japan)) (United States) entered into an agreement with Gazprom (Russia) for the distribution and import of helium in Russia. This strategy will help Taiyo Nippon Sanso Company to grow its business.
On the basis of the separation method, the market is segmented into physical separators, fractional distillation, molecular sieve, semipermeable membrane, and others. In 2019, the fractional distillation segment grows at the highest CAGR during the forecast period 2019 to 2026.
In January 2018, Air Liquide (France) entered the healthcare market in Saudi Arabia by acquiring the respiratory unit from Thimar Al Jazirah (Saudi Arabia). This strategy has helped the company develop its healthcare activities and strengthen its customer base in the Middle East.
Based on the end user, the market is segmented into hospitals, home healthcare, pharmaceutical and biotechnology companies, academic and research institutes, emergency service providers, and others. In 2019, the hospital segment grows at the highest CAGR during the forecast period of 2019 to 2026.
In May 2015, BeaconMedaes, a subsidiary of Atlas Copco, takes medical gas monitoring to the next level with the Infinity TotalAlert notification system that will help respond to medical gas leaks in hospitals and other medical facilities. This will help Atlas Copco to offer a full range of solutions to its customers.
Product launch:
In 2016 Linde Gas launched a new set of lightweight medical oxygen cylinders. This product will help in the continuous supply of oxygen in the hospital and at home. This launch will help the company grow its business by acquiring more customers.
In 2015, Linde Gas launched the first cylinder depot site in Siliguri, West Bengal. This will help the company to expand its business in India and take a major step in its business.
Research Methodology: Global Medical Gases Market
Main respondents: Key Opinion Leader (KOL): manufacturer, healthcare professionals, doctors, nurses, doctors. Industry Participants: CEOs, VPs, Marketing / Product Managers, Market Intelligence Managers, and National Sales Managers On the basis of application, the market is segmented into pharmaceutical manufacturing and research, diagnostic applications, therapeutic applications , etc. Pharmaceutical Production and Research segment is divided into drug discovery, pharmaceutical manufacturing, process development and quality control. The diagnostic applications segment is sub-segmented into medical imaging and general laboratory use. Therapeutic applications segment is divided into respiratory diseases, cardiovascular diseases, anesthesia, cryosurgery and other therapeutic applications. In 2019, the therapeutic applications segment is growing at the highest CAGR over the forecast period of 2019 to 2026.
In February 2018, Matheson Tri-Gas (subsidiary of Taiyo Nippon Sanso Corporation (Japan)) (United States) entered into an agreement with Gazprom (Russia) for the distribution and import of helium in Russia. This strategy will help Taiyo Nippon Sanso Company to grow its business.
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On the basis of the separation method, the market is segmented into physical separators, fractional distillation, molecular sieve, semipermeable membrane, and others. In 2019, the fractional distillation segment grows at the highest CAGR during the forecast period 2019 to 2026.
In January 2018, Air Liquide (France) entered the healthcare market in Saudi Arabia by acquiring the respiratory unit from Thimar Al Jazirah (Saudi Arabia). This strategy has helped the company develop its healthcare activities and strengthen its customer base in the Middle East.
Based on the end user, the market is segmented into hospitals, home health care, pharmaceutical and biotechnology companies, institutes, universities.
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