This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the medical gases and equipment industry. The report analyzes and declares the historical and current trends analysis of the medical gases and equipment industry and subsequently recommends the projected trends anticipated to be observed in the medical gases and equipment market during the upcoming years
The medical gases and equipment market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire medical gases and equipment market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the medical gases and equipment industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the medical gases and equipment industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the medical gases and equipment market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders the medical gases and equipment involved in the entire value chain of the medical gases and equipment industry. The market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the medical gases and equipment sector. Key strategic developments in the medical gases and equipment market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the medical gases and equipment market are appropriately highlighted in the report.
The medical gases and equipment market research report delivers an acute valuation and taxonomy of the medical gases and equipment industry by practically splitting the market on the basis of different component, application, end-user, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the medical gases and equipment industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the medical gases and equipment industry is provided for the leading economies of the world.
The global medical gases and equipment industry is expected to provide potential opportunities to the manufacturers, vendors, and the customers across the globe. The demand for medical gas and equipment supplies has risen considerably as a result of the COVID-19 epidemic. Companies at the forefront of gas supplies to hospital facilities, as well as pharmacies serving a large number of patients at home, find that thousands of cylinders are being used and emptied daily. This has become a key factor and driving growth of the global medical gases and equipment’s market. Additionally, increasing prevalence of chronic diseases worldwide is major factor expected to fuel growth of the target market in the next 10 years. Furthermore, increasing incidence of respiratory diseases as a result of the high prevalence of tobacco use and rising pollution levels are expected to fuel growth of the target market over the forecast period.
The global medical gases and equipment market is segmented on the basis of type, application, and end user. Based upon type segment the global market is categorized into medical gas and medical gas equipment’s. The medial gas segment is further divided into type of medical gases, form of delivery, and the mixture of medical gases. The type of medical gases are oxygen, carbon dioxide, nitrous oxide, nitrogen, medical air, and helium. Medical gases delivery form are liquid tanks, high pressure cylinders, and bulk delivery. The gases mixture are categorized into helium-oxygen mixtures, blood-gas mixtures, ethylene oxide, carbon dioxide-oxygen mixtures, lung diffusion mixtures, aerobic mixtures, nitrous oxide-oxygen mixtures. anaerobic mixtures, and laser-gas mixtures. The medical gas equipment category is divided into gas delivery systems, cryogenic products, and equipment accessories. Equipment accessories categories are hoses, manifolds, regulators, flowmeters, suction regulators, outlets, valve with integrated pressure regulator, medical air compressors, monitoring systems, and vacuum systems.
Report Attribute |
Details |
Market Size in 2019 |
USD 15,751.6 Million |
Projected Market Size in 2026 |
USD 23,999.1 Million |
Growth Rate |
CAGR 6.2% |
Base Year |
2019 |
Forecast Years |
2020–2026 |
Key Market Players |
GCE Holding AB, Messer Group GmbH, Atlas Copco, SOL SpA, Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corp., Praxair, Inc., Air Liquide, Linde Group and Others |
Key Segment |
By Type, By Application, By End-User and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Major companies in the global medical gases and equipment market are trying to focus on the inorganic business strategies including launches of innovative products along with strategic partnerships owing to ongoing COVID-19 pandemic as it has highlighted a shortage of ventilators worldwide.
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