Medical And Pharmaceutical Gases And Equipment Market
PUBLISHED: 2021 ID: SMRC20818
SHARE
SHARE

Medical And Pharmaceutical Gases And Equipment Market

Medical & Pharmaceutical Gases and Equipment Market Forecasts to 2028 – Global Analysis By Application (Therapeutic Gases, Laboratory Gases, Anesthetic Gases), End User (Home Healthcare, Hospitals), and By Geography

5.0 (66 reviews)
5.0 (66 reviews)
Published: 2021 ID: SMRC20818

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Medical & Pharmaceutical Gases and Equipment Market is accounted for $16.49 billion in 2020 and is expected to reach $31.67 billion by 2028 growing at a CAGR of 8.5% during the forecast period. Factors such as increase in the prevalence of cardiovascular diseases, respiratory issues, cerebral hemorrhages and traumatic brain injuries, large pool of people suffering from chronic illness, and technological advancement in pharmaceutical gases are driving the market growth. However, side-effects of carbon monoxide are hampering the growth of the market.

Pharmaceutical and Medical Gases are fluids manufactured specially for the medical, pharmaceutical manufacturing and biotechnology industries. They are frequently used to synthesize, sterilize or insulate process or products which contribute to human health. Moreover, medical gases are manufactured, packaged and intended for administration to a patient in anesthesia, therapy or diagnosis. The gases include oxygen, helium, carbon dioxide, nitrous oxide, medical air and nitrogen which are usually given to the pre operated, intra operated and post operated patients and to the patients in case of Emergency.

Based on the end user, hospitals segment is anticipated to have lucrative growth during the forecast period, due to the increasing number of patients treated over there with severe breathing issues. Moreover, departments that use medical devices in hospitals include operating rooms, pre-communicators, recovery rooms, debridement rooms, obstetrics and gynecology wards, ICU wards and general awards. In addition, technological advancement in medical & pharmaceutical gases and equipment which are faster, more reliable, and more widely available are further propelling the hospitals segment. Furthermore, the growth of this segment is majorly due to the increasing number of people suffering from chronic disorders.

By geography, North America is expected to have significant growth during the forecast period, owing to rising geriatric population along with the increase in the number of people suffering from chronic illness, increasing health concern among people and a better healthcare structure. Moreover, according to the Centers for Disease Control and Prevention about 647,000 Americans die from heart disease each year-that is 1 in every-4 deaths. Furthermore, the presence of major players including Praxair and Airgas is further contributing to its market growth in this region.

Some of the key players profiled in the Medical & Pharmaceutical Gases and Equipment Market include Boc India Limited, Leland Limited, BPR Medical Ltd, Air Products and Chemicals, Inc., Gulf Cyro, Praxair Inc., Air Liquide, Air Gas Inc., Linde Group, BOD India Ltd, BeaconMedaes LLC, and INOX Air Products Private Limited.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 16.49 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

8.5%

Predicted 2028 Value:

USD 31.67 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

276

Chapters Covered:

Composition, Risk Level of Cylinder Content, Physical Nature, Component Type, Application, End User and Region

Core Drivers and Opportunities:

  • Increasing demand for home healthcare
  • Growing cases of respiratory diseases
  • Favorable initiatives undertaken by government organizations

Restraining Factors & Market Threats:

  • Side-effects of carbon monoxide
  • Changes in medical gas calibration standards


Compositions Covered:
• Mixtures
• Pure Gases

Risk Level of Cylinder Contents Covered:
• Oxidizing
• Flammable
• Toxic or Corrosive

Physical Natures Covered:
• Liquefiable Gases
• Permanent Gases

Component Types Covered:
• Flow Meters
• Medical Air Compressors
• Outlets
• Vacuum System
• Cylinders
• Regulators
• Hose Assemblies and Accessories
• Alarm System
• Manifolds
• Masks

Applications Covered:
• Therapeutic Gases
• Laboratory Gases
• Anesthetic Gases

End Users Covered:
• Home Healthcare
• Hospitals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Medical & Pharmaceutical Gases and Equipment Market is majorly driven by large pool of people suffering from chronic illness, rising incidence of preterm births, and technological advancement in pharmaceutical gases.

The hospitals segment is growing at a highest CAGR owing to rising number of patients treated over there with severe breathing issues, technological advancement in medical & pharmaceutical gases and equipment which are faster, more reliable, more widely available, and growing number of people suffering from chronic disorders.

North America dominated with a significant market share due to growing geriatric population along with the increase in the number of people suffering from chronic illness, rising health concern among people and a better healthcare structure.

Asia Pacific market is growing at a highest CAGR owing to the rapid growth in the developing healthcare industry across China and India, growing incidence of respiratory diseases, and growth in the healthcare infrastructure and the per capita income in this region.

Key players profiled in the Medical & Pharmaceutical Gases and Equipment Market include Boc India Limited, Leland Limited, BPR Medical Ltd, Air Products and Chemicals, Inc., Gulf Cyro, Praxair Inc., Air Liquide, Air Gas Inc., Linde Group, BOD India Ltd, BeaconMedaes LLC, and INOX Air Products Private Limited.

Table of Contents

1 Executive Summary      
       
2 Preface   
   
 2.1 Abstract     
 2.2 Stake Holders     
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions    
       
3 Market Trend Analysis      
 3.1 Introduction     
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats     
 3.6 Application Analysis     
 3.7 End User Analysis     
 3.8 Emerging Markets      
 3.9 Impact of Covid-19     
       
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
       
5 Global Medical & Pharmaceutical Gases and Equipment Market, By Composition      
 5.1 Introduction     
 5.2 Mixtures     
  5.2.1 Ethylene Oxide    
  5.2.2 Carbon dioxide-Oxygen Mixtures    
  5.2.3 Aerobic Mixtures    
  5.2.4 Oxyfume 2000    
  5.2.5 Blood Gas Mixture    
  5.2.6 Lung Mixtures    
  5.2.7 Oxygen-Nitrous Oxide Mixtures    
  5.2.8 Anaerobic Mixtures    
  5.2.9 Laser Gas Mixture    
  5.2.10 Helium-Oxygen Mixtures    
 5.3 Pure Gases     
  5.3.1 Oxygen    
  5.3.2 Nitrous Oxide    
  5.3.3 Medical Air    
  5.3.4 Helium    
  5.3.5 Nitrogen    
  5.3.6 Carbon Dioxide    
       
6 Global Medical & Pharmaceutical Gases and Equipment Market, By Risk Level of Cylinder Contents      
 6.1 Introduction     
 6.2 Oxidizing     
 6.3 Flammable     
 6.4 Toxic or Corrosive     
       
7 Global Medical & Pharmaceutical Gases and Equipment Market, By Physical Nature      
 7.1 Introduction     
 7.2 Liquefiable Gases     
 7.3 Permanent Gases     
        
8 Global Medical & Pharmaceutical Gases and Equipment Market, By Component Type      
 8.1 Introduction     
 8.2 Flow Meters     
 8.3 Medical Air Compressors     
 8.4 Outlets     
 8.5 Vacuum System     
 8.6 Cylinders     
 8.7 Regulators      
 8.8 Hose Assemblies and Accessories     
 8.9 Alarm System     
 8.10 Manifolds     
 8.11 Masks     
       
9 Global Medical & Pharmaceutical Gases and Equipment Market, By Application      
 9.1 Introduction     
 9.2 Therapeutic Gases      
 9.3 Laboratory Gases     
 9.4 Anesthetic Gases     
       
10 Global Medical & Pharmaceutical Gases and Equipment Market, By End User      
 10.1 Introduction     
 10.2 Home Healthcare     
 10.3 Hospitals     
       
11 Global Medical & Pharmaceutical Gases and Equipment Market, By Geography      
 11.1 Introduction     
 11.2 North America     
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India    
  11.4.4 Australia    
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America    
 11.6 Middle East & Africa     
  11.6.1 Saudi Arabia    
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa    
       
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 12.2 Acquisitions & Mergers     
 12.3 New Product Launch     
 12.4 Expansions     
 12.5 Other Key Strategies     
       
13 Company Profiling      
 13.1 Boc India Limited     
 13.2 Leland Limited     
 13.3 BPR Medical Ltd     
 13.4 Air Products and Chemicals, Inc.     
 13.5 Gulf Cyro     
 13.6 Praxair Inc.     
 13.7 Air Liquide     
 13.8 Air Gas Inc.     
 13.9 Linde Group     
 13.10 BOD India Ltd     
 13.11 BeaconMedaes LLC     
 13.12 INOX Air Products Private Limited     


List of Tables       
1 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Region (2019-2028) ($MN)      
2 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Composition (2019-2028) ($MN)      
3 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Mixtures (2019-2028) ($MN)      
4 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Ethylene Oxide (2019-2028) ($MN)      
5 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Carbon dioxide-Oxygen Mixtures (2019-2028) ($MN)      
6 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Aerobic Mixtures (2019-2028) ($MN)      
7 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Oxyfume 2000 (2019-2028) ($MN)      
8 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Blood Gas Mixture (2019-2028) ($MN)      
9 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Lung Mixtures (2019-2028) ($MN)      
10 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Oxygen-Nitrous Oxide Mixtures (2019-2028) ($MN)      
11 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Anaerobic Mixtures (2019-2028) ($MN)      
12 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Laser Gas Mixture (2019-2028) ($MN)      
13 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Helium-Oxygen Mixtures (2019-2028) ($MN)      
14 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Pure Gases (2019-2028) ($MN)       
15 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Oxygen (2019-2028) ($MN)      
16 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Nitrous Oxide (2019-2028) ($MN)      
17 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Medical Air (2019-2028) ($MN)      
18 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Helium (2019-2028) ($MN)      
19 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Nitrogen (2019-2028) ($MN)      
20 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Carbon Dioxide (2019-2028) ($MN)      
21 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Risk Level of Cylinder Contents (2019-2028) ($MN)      
22 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Oxidizing (2019-2028) ($MN)      
23 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Flammable (2019-2028) ($MN)      
24 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Toxic or Corrosive (2019-2028) ($MN)      
25 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Physical Nature (2019-2028) ($MN)      
26 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Liquefiable Gases (2019-2028) ($MN)      
27 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Permanent Gases (2019-2028) ($MN)      
28 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Component Type (2019-2028) ($MN)      
29 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Flow Meters (2019-2028) ($MN)      
30 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Medical Air Compressors (2019-2028) ($MN)      
31 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Outlets (2019-2028) ($MN)      
32 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Vacuum System (2019-2028) ($MN)      
33 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Cylinders (2019-2028) ($MN)      
34 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Regulators (2019-2028) ($MN)      
35 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Hose Assemblies and Accessories (2019-2028) ($MN)      
36 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Alarm System (2019-2028) ($MN)      
37 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Manifolds (2019-2028) ($MN)      
38 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Masks (2019-2028) ($MN)      
39 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Application (2019-2028) ($MN)      
40 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Therapeutic Gases (2019-2028) ($MN)      
41 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Laboratory Gases (2019-2028) ($MN)      
42 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Anesthetic Gases (2019-2028) ($MN)      
43 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By End User (2019-2028) ($MN)      
44 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Home Healthcare (2019-2028) ($MN)      
45 Global Medical & Pharmaceutical Gases and Equipment Market Outlook, By Hospitals (2019-2028) ($MN)      
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.       

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials