Global Medical Gas Market to Witness Impressive Growth, Revenue to Surge to USD 1318.7 Billion By 2028

27-Jul-2021 | Zion Market Research

The global Medical Gas market accounted for USD 17.7 Billion in 2020 and is expected to reach USD 25.6 Billion by 2028, growing at a CAGR of 4.6% from 2021 to 2028. 

The report covers forecast and analysis for the Medical Gas Market on a global and regional level. The study provides historic data of 2016-2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the Medical Gas Market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Medical Gas Market on a global level.

This report offers comprehensive coverage on global Medical Gas Market along with, market trends, drivers, and restraints of the Medical Gas Market. This report included a detailed competitive scenario and type portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the Medical Gas Market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

The study provides a decisive view on the Medical Gas Market by segmenting the market based on product, equipment, end user, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028.

Based on product, the medical gas market is segmented as medical pure gases and medical mixture gases. Medical pure gases further categorized as nitrogen gas, medical air, carbon dioxide gas, helium gas, nitrous oxide gas and oxygen gas. Medical gas mixtures are further classified into blood gas mixtures, lung diffusion mixtures, nitrous oxide-oxygen mixtures, carbon dioxide-oxygen mixtures, laser gas mixtures, aerobic mixtures, anaerobic mixtures, ethylene oxide, helium-oxygen mixtures. Based on medical gas equipment, the medical gas market has been segmented into manifolds, outlets, hose assemblies and valves, alarm systems, cylinders, flowmeters, regulators, medical air compressors, vacuum systems, masks. On the basis of the application, the market is divided into hospitals, home healthcare, and emergency services. On the basis of the end-user market is divided into hospitals, home healthcare, emergency services, the pharmaceutical industry, and academic & research institutions.

Growing home healthcare market coupled with, escalating geriatric population and increasing prevalence of respiratory diseases are the major driving factors of the medical gas market. Changes in medical gas calibration standards, a global shortage of helium, and declining federal reimbursements for respiratory therapies are additional factors that influence the market growth during the forecast period.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its further bifurcation into major countries including the U.S., Canada, Mexico, Germany, Spain, Italy, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for medical gas market based on individual segment and applications in all the regions and countries.

Regionally, North America is dominated to carry the most important market size within the medical gases and equipment market during the forecast period, followed by the European region. On the opposite hand, the Asia Pacific market is dominated to witness the very best growth during the forecast period. The rapid climb within the developing healthcare industry across China and India is dominated to supply significant growth opportunities for players operating during this market during the forecast period. 

The report also includes detailed profiles of end players such as Air Products and Chemicals, Inc., Air Liquide, Atlas Copco, Airgas, Praxair, Inc., GCE Holding AB, The Linde Group, Taiyo Nippon Sanso Corp., SOL-SpA, Inc Messer Group, and Emergency Services.

Browse the full Medical Gas Market By Product (Medical Gases, Medical Pure Gases, Oxygen Gases, Carbon Dioxide Gases, Nitrogen Gases, , Helium Gases, Medical Gas Mixtures, Blood Gas Mixtures, Carbon Dioxide-Oxygen Mixtures, Laser Gas Mixture, Aerobic Mixture, Ethylene Oxide, Helium Oxygen Mixtures), By Medical Gas Equipment (Manifolds, Outlets, Hose Assemblies And Valves, Alarm Systems, Cylinders, Flowmeters, Regulators, Medical Air Compressors, Vacuum Systems, Masks), By Application (Therapeutic, Diagnostic, Others), By End User (Hospitals, Home Healthcare, Emergency Services, Pharmaceutical Industry, Academic & Research Institutions), And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/medical-gas-market

The global Medical Gas Market is segmented as follows:  

By Product

  • Medical Pure Gases
    • Oxygen gases                                    
    • Carbon dioxide gases                     
    • Nitrogen gases
    • Nitrous oxide gases
    • Medical air gases
    • Helium gases                                      
  •     Medical Gas Mixtures
    • Blood gas Mixtures                              
    • Lung diffusion mixtures                               
    • Nitrous oxide-oxygen mixtures                                    
    • Carbon dioxide-oxygen mixtures                                
    • Laser gas mixtures                                  
    • Aerobic mixtures
    • Anaerobic Mixtures                         
    • Ethylene oxide                           
    • Helium-oxygen mixtures

By Medical Gas Equipment

  • Manifolds
  • Outlets
  • Hose assemblies and valves
  • Alarm systems
  • Cylinders
  • Flowmeters
  • Regulators
  •  Medical air compressors
  • Vacuum systems
  • Masks  

By Application

  • Therapeutic
  • Diagnostic
  • Others

By End User

  • Hospitals
  • Home Healthcare
  • Emergency Services
  • Pharmaceutical Industry
  • Academic & Research Institutions

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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