Medical Gases and Equipment - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Medical Gases and Equipment Market is accounted for $15.11 billion in 2018 and is expected to reach $30.71 billion by 2027 growing at a CAGR of 8.2% during the forecast period. Increasing prevalence of chronic diseases, implementation of the industry friendly regulations and increasing research in the field of biotechnology are the major factors propelling the market growth. However, factors such as limited healthcare reimbursement and stringent regulatory process are hampering the market growth.
Medical gases are specialized gases, which are used for medical purposes during patient diagnosis, anesthesia, and treatment. Medical gases are the life-supporting element which gives direct impact in maintaining or saving the patient’s life. Medical gas equipment are the supply systems utilized by end users to provide or make or distribute medical gases in the piping system.
On the contrary of the product, the medical gas segment is going to have a lucrative growth during the forecast period owing to the large usage of oxygen gas because of rising number of people effecting from respiratory diseases and undergoing from emergency medical care. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rapid growth in the developing healthcare industry, increasing incidence of respiratory diseases as well as growth in the healthcare infrastructure.
Some of the key players profiled in the Medical Gases and Equipment Market include The Linde Group, Taiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.), SOL SPA, Allied Healthcare Products Inc., Rotarex S.A., Praxair, Inc., Messer Group GmbH, Amico Corporation, Gentec Corporation, GCE Holding, Atlas Copco AB, Medical Gas Solutions Limited, Air Products and Chemicals, Inc., SCI Analytical and Air Liquide.
• Medical Gas
• Medical Gas Equipment
• Biological Atmospheres
• Pharmaceutical Manufacturing and Research
• Other Applications
End Users Covered:
• Pharmaceutical and Biopharmaceutical Companies
• Hospitals & Clinics
• Emergency Services
• Diagnostic and Research Laboratories
• Biotechnology Industry
• Ambulatory surgical centers
• Home Healthcare
• Academic Institutes and Research Institutes
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
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 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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
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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
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