Global Medical Gases and Equipment Industry
Global Medical Gases and Equipment Market is expected to grow at a moderate CAGR of 7.5% during the forecast period of 2018-2023. The market is driven by various pivotal factors which includes high prevalence of respiratory diseases and growing ageing population globally. The use of medical gases has been increased in home healthcare system and remote location due to increase in remote monitoring of patients. Oxygen is the most widely used pure gas due to emerging demand from healthcare domain. Rising number of surgeries, emergency and trauma services are contributing significantly into the growth of medical gases and equipment market. Mixture gases are also growing significantly owing to rising demand from special conditions such as dialysis and CABG.
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The global medical gases market for equipment include hoses, manifolds, vacuums, masks, monitoring systems and other. Vacuums have the highest market share and are expected to grow at a significant rate. Regionally, North America has the highest market share owing to high awareness, highest healthcare spending and cohesive government policies. There are also security acts passed in the US which leads to more safety and high reliability. Europe has a considerable market share in the global medical gases and equipment market and is expected to grow at a modest rate during the forecast period. Asia Pacific market is expected to grow at a highest CAGR during the forecast period. The market is driven majorly by improving healthcare services especially in China, Korea, Japan and India. With emergence of local players and improved regulations the market is expected to continue the growth trend during the forecast period.
The market has been segmented based on pure gases, gas mixture, end users and therapeutics. The pure gases have been further bifurcated as Oxygen, Carbon dioxide, Nitrogen, Medical air, Helium. Global gas mixture has been further bifurcated into aerobic mixture, anaerobic mixture, carbon dioxide-oxygen mixture, oxygen nitrous, oxide mixture, helium oxygen mixture, blood gas mixture, laser gas mixture, lung gas mixture, nitrous oxide and ethylene oxides. Based on end user the market has been bifurcated into hospitals and clinics, medical institutions, home healthcare emergency and remote services. Based on therapeutics the market has been divided into respiratory medical gases, CVD medical gases, aesthetic medical cases and others. Moreover, the global medical gases and equipment market players such as Air Liquide, Air Products and Chemicals, Inc., Airgas, Inc., Atlas Copco, BeaconMedaes, H.A.C Technical Gas Services Ltd., GCE Holding AB, The Linde Group, Matheson `Tri-Gas, Inc., and Medical Gas Solutions are contributing considerably into the growth of global medical gases and equipment market.
Research Methodology
The market study of medical gases and equipment market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
Secondary sources include:
• Financial reports of companies involved in the market
• Authentic Public Databases
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalogue
The report is intended for medical gas manufacturers, healthcare provider, government organizations for overall market analysis, and competitive analysis. The report provides in-depth analysis on pricing, market size, intended quality of the product preferred by consumers and initial norms. The report also includes competitive landscape for medical gases and equipment market. The report will be delivering insights into the market for better business decisions.
Market Segmentation:
Global medical gases and equipment segmented on the basis of, pure gases, gas mixture, component, end user, by therapeutics, and regional outlook.
1. Global Medical Gases and Equipment Market Research and Analysis, By Pure Gases
2. Global Medical Gases and Equipment Market Research and Analysis, By Gas Mixture
3. Global Medical Gases and Equipment Market Research and Analysis, By Component
4. Global Medical Gases and Equipment Market Research and Analysis, By End User
5. Global Medical Gases and Equipment Market Research and Analysis, By Therapeutic
6. Global Medical Gases and Equipment Market Research and Analysis, By Region
The Report covers:
• Comprehensive research methodology of Global Medical Gases and Equipment
• This report also includes detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Global Medical Gases and Equipment
• Insights about market determinants which are stimulating the Global Medical Gases and Equipment
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
Companies Mentioned
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Some Major Points from Table of content:
CHAPTER 1. REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
1.2.4. EXCEPTIONS
CHAPTER 2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHTS & CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. REGULATIONS
2.3.1.1. UNITED STATES
2.3.1.2. EUROPEAN UNION
2.3.1.3. CHINA
2.3.1.4. INDIA
2.3.1.5. REST OF THE WORLD
CHAPTER 3. MARKET DETERMINANT
3.1. MOTIVATORS
3.1.1. GROWING HOME HEALTHCARE MARKET
3.1.2. RAPID GROWTH OF GERIATRIC POPULATION
3.1.3. GROWING MENACE OF RESPIRATORY DISEASES
3.1.4. UTILIZATION OF MEDICAL GASES IN THERAPEUTICS
3.2. RESTRAINTS
3.2.1. FLUCTUATING AND HIGH PRICES OF GASES
3.2.2. STRICT GOVERNMENT REGULATION
3.3. OPPORTUNITIES
3.3.1. INCREASING NUMBER OF CVD PATIENTS
3.3.2. UNTAPPED EMERGING MARKETS
3.3.3. INNOVATION AND DEVELOPMENT OF NEW PRODUCT
CHAPTER 4. MARKET SEGMENTATION
4.1. GLOBAL MEDICAL GASES AND EQUIPMENT MARKET, BY PURE GASES
4.1.1. OXYGEN
4.1.2. CARBON DIOXIDE
4.1.3. HELIUM
4.1.4. NITROGEN
4.1.5. MEDICAL AIR
4.1.6. NITROUS OXIDE
4.2. GLOBAL MEDICAL GASES AND EQUIPMENT MARKET, BY GAS MIXTURE
4.2.1. AEROBIC MIXTURE
4.2.2. ANAEROBIC MIXTURE
4.2.3. LUNG GAS MIXTURE
4.2.4. CARBON DIOXIDE – OXYGEN MIXTURE
4.2.5. OXYGEN – NITROUS MIXTURE
4.2.6. HELIUM OXYGEN MIXTURE
4.2.7. BLOOD GAS MIXTURE
4.2.8. LASER GAS MIXTURE
4.2.9. NITROUS OXIDE MIXTURE
4.2.10. ETHYLENE OXIDES
4.3. GLOBAL MEDICAL GASES AND EQUIPMENT MARKET, BY COMPONENT
4.3.1. CYLINDERS
4.3.2. ALARM SYSTEMS
4.3.3. MANIFOLDS
4.3.4. OUTLETS
4.3.5. FLOWMETERS
4.3.6. REGULATORS
4.3.7. MEDICAL AIR COMPRESSORS
4.3.8. VACUUM SYSTEMS
4.3.9. OTHERS
4.4. GLOBAL MEDICAL GASES AND EQUIPMENT MARKET, BY END USER
4.4.1. HOSPITALS AND CLINICS
4.4.2. HOME HEALTHCARE
4.4.3. MEDICAL INSTITUTIONS
4.4.4. EMERGENCY AND REMOTE SERVICES
4.4.5. HOUSEHOLD
4.4.6. OTHERS
4.5. GLOBAL MEDICAL GASES AND EQUIPMENT MARKET, BY THERAPEUTICS
4.5.1. RESPIRATORY DISEASES MEDICAL GASES
4.5.2. CVD MEDICAL GASES
4.5.3. ANAESTHETIC MEDICAL GASES
4.5.4. OTHER THERAPEUTICS MEDICAL GASES
CHAPTER 5. COMPETITIVE LANDSCAPE
5.1. KEY STRATEGIES
5.2. KEY COMPANY ANALYSIS
CHAPTER 6. REGIONAL ANALYSIS
6.1. NORTH AMERICA
6.1.1. UNITED STATES
6.1.2. CANADA
6.2. EUROPE
6.2.1. UNITED KINGDOM
6.2.2. FRANCE
6.2.3. GERMANY
6.2.4. ITALY
6.2.5. SPAIN
6.2.6. REST OF EUROPE
6.3. ASIA PACIFIC
6.3.1. INDIA
6.3.2. CHINA
6.3.3. JAPAN
6.3.4. REST OF ASIA PACIFIC
6.4. REST OF THE WORLD
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