Global Medical Gases Market is Projected to Reach CAGR of 8.0% till 2024

The new report Global Medical Gases Market By Gases (Oxygen, Nitrogen, Nitrous Oxide, Helium, Gas Mixture), Equipment (Cryogenic Products, Oxygen Concentrators, Gas Delivery Systems, Equipment Accessories), Application, End User, Geography – Industry Trends and Forecast to 2024

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

Report Analysis

The Global Medical Gases Market is accounted for USD 13.58 billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition

Medical gases including nitrous oxide, nitrogen/surgical air, carbon dioxide, oxygen/nitrous oxide, are used in various healthcare facilities.

Competitive Analysis: Global Medical Gases Market

The global medical gases market report is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical gases for global, Europe, North America, Asia Pacific and South America.

 Key Players

Some of the major players operating in global medical gases market are Air Products and Chemicals, Inc., The Linde Group, Taiyo Nippon Sanso Corp., SOL-SpA, Airgas, Inc., Air Liquide, Praxair, Inc., Atlas Copco, Messer Group, GCE Holding AB among others.

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Report Segmentation: Global Medical Gases Market

By gases, global medical gases market is segmented into oxygen, nitrogen, nitrous oxide, helium and medical gas mixture.

On the basis of delivery mode, global medical gases market report is segmented into high pressure cylinders, liquid cylinders and bulk delivery.

On the basis of equipment, global medical gases market is segmented into cryogenic products, oxygen concentrators, gas delivery systems and equipment accessories.

On the basis of application, global medical gases market is segmented into therapeutic applications, pharmaceutical manufacturing & research, diagnostic applications and other.

On the basis of end user, global medical gases market is segmented into hospitals, home healthcare, pharmaceutical and biotechnology companies, academic and research institutions, emergency service providers.

On the basis of geography, global medical gases market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Major Market Drivers and Restraints:

  • Increasing prevalence of lifestyle diseases
  • Increasing incidences of respiratory diseases
  • Rising geriatric population
  • Growing home healthcare market
  • Declining federal reimbursements for respiratory therapies

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