Market Overview:
The global medical gas equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for medical gases and rising number of hospitals and clinics across the globe. Based on type, the global medical gas equipment market is segmented into manifolds, medical air compressors, masks, and others. The masks segment is further sub-segmented into anesthesia masks, resuscitation masks, and other masks. The others segment includes regulators, filters & humidifiers, flow meters & switches among others. Based on application, the global medical gas equipment market is divided into hospitals (inpatient/outpatient), clinics (primary/secondary), and others (research institutes/laboratories).
Product Definition:
Medical gas equipment is a type of medical device that is used to deliver specific gases to patients. These gases can be used for a variety of purposes, including anesthesia, respiratory therapy, and wound care. Medical gas equipment is important because it helps healthcare providers provide safe and effective treatments to patients.
Manifolds:
Manifolds are used to transfer gases from one place to another in medical gas equipment. They are widely used in respiratory care units, anesthesia machines, and intensive care units for the delivery of oxygen and anesthetic gases. The growth factor that propels the market is increasing demand for efficient & effective medical gas treatment systems globally due to growing awareness regarding hospital acquired infections (HAIs).
Medical Air Compressors:
Medical air compressors are devices used to reduce the pressure of a gas by forcing its contrary flow. The device consists of an impeller, which is usually driven by a motor. Medical air compressors are mainly used in medical gas equipment such as anesthesia machines, oxygen concentrators, and positive pressure breathing devices among others.
Global Medical Air Compressors Market Size & Forecasts To 2022 -> The global medical air compressors market size was valued at USD 548 million in 2014.
Application Insights:
Based on application, the global medical gas equipment market has been segmented into hospitals, clinics and other healthcare facilities, and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This is attributed to factors such as increasing hospital construction across the globe to cater to an increasing number of patients with chronic diseases requiring longer term care.
The clinics and other healthcare facilities segment is expected to grow at a lucrative rate over the forecast period owing to growing awareness about preventive medicine coupled with rising disposable income levels among consumers in developing countries such as China, India & Brazil. These countries are increasingly using these services for diagnosing diseases early so that effective treatment can be initiated before any patient visits a hospital or emergency room for treatment. Thus driving demand globally for medical gas equipment used at clinics and other healthcare facilities over the forecast period (see table below).
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high awareness levels coupled with rising investments for patient safety and rapid technological advancements are some major factors responsible for its large share. Furthermore, increasing demand for minimally invasive surgeries is also expected to drive the regional market over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare facilities and growing medical tourism in emerging economies such as India and China. In addition, favorable government initiatives aimed at developing new medical gas manufacturing units will also boost industry expansion over the next eight years.
Growth Factors:
- Increasing demand for medical gas equipment due to the rise in number of hospitals and clinics
- Growing awareness about the benefits of medical gases among healthcare professionals and patients
- Technological advancements in medical gas equipment that offer enhanced performance and safety features
- Rising demand for portable medical gas equipment for use in ambulances, clinics, and home care settings
- Increasing adoption of nitrogen-based therapies for various applications in healthcare
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Gas Equipment Market Research Report
By Type
Manifolds, Medical Air Compressors, Masks, Others
By Application
Hospitals, Clinics, Others
By Companies
Air Liquide, Matheson Tri-Gas Inc., Air Products and Chemicals Inc., Praxair Inc., Linde Gas, Air Gas Inc., BeaconMedaes LLC, Medical Gas Solutions, Allied Health Care, Ohio Medical, Powerex., Amico Corp., Gentec Corp.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Medical Gas Equipment Market Report Segments:
The global Medical Gas Equipment market is segmented on the basis of:
Types
Manifolds, Medical Air Compressors, Masks, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Liquide
- Matheson Tri-Gas Inc.
- Air Products and Chemicals Inc.
- Praxair Inc.
- Linde Gas
- Air Gas Inc.
- BeaconMedaes LLC
- Medical Gas Solutions
- Allied Health Care
- Ohio Medical
- Powerex.
- Amico Corp.
- Gentec Corp.
Highlights of The Medical Gas Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manifolds
- Medical Air Compressors
- Masks
- Others
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Gas Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical gas equipment is a system that helps deliver oxygen and other gases to patients during medical procedures.
Some of the major players in the medical gas equipment market are Air Liquide, Matheson Tri-Gas Inc., Air Products and Chemicals Inc., Praxair Inc., Linde Gas, Air Gas Inc., BeaconMedaes LLC, Medical Gas Solutions, Allied Health Care, Ohio Medical, Powerex., Amico Corp., Gentec Corp..
The medical gas equipment market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Gas Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Gas Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Gas Equipment Market - Supply Chain
4.5. Global Medical Gas Equipment Market Forecast
4.5.1. Medical Gas Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Gas Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Gas Equipment Market Absolute $ Opportunity
5. Global Medical Gas Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Gas Equipment Market Size and Volume Forecast by Type
5.3.1. Manifolds
5.3.2. Medical Air Compressors
5.3.3. Masks
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Gas Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Gas Equipment Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Gas Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Gas Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Gas Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Gas Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Gas Equipment Demand Share Forecast, 2019-2026
9. North America Medical Gas Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Gas Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Gas Equipment Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Gas Equipment Market Size and Volume Forecast by Type
9.7.1. Manifolds
9.7.2. Medical Air Compressors
9.7.3. Masks
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Gas Equipment Demand Share Forecast, 2019-2026
10. Latin America Medical Gas Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Gas Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Gas Equipment Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Gas Equipment Market Size and Volume Forecast by Type
10.7.1. Manifolds
10.7.2. Medical Air Compressors
10.7.3. Masks
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Gas Equipment Demand Share Forecast, 2019-2026
11. Europe Medical Gas Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Gas Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Gas Equipment Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Gas Equipment Market Size and Volume Forecast by Type
11.7.1. Manifolds
11.7.2. Medical Air Compressors
11.7.3. Masks
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Gas Equipment Demand Share, 2019-2026
12. Asia Pacific Medical Gas Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Gas Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Gas Equipment Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Gas Equipment Market Size and Volume Forecast by Type
12.7.1. Manifolds
12.7.2. Medical Air Compressors
12.7.3. Masks
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Gas Equipment Demand Share, 2019-2026
13. Middle East & Africa Medical Gas Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Gas Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Gas Equipment Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Gas Equipment Market Size and Volume Forecast by Type
13.7.1. Manifolds
13.7.2. Medical Air Compressors
13.7.3. Masks
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Gas Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Gas Equipment Market: Market Share Analysis
14.2. Medical Gas Equipment Distributors and Customers
14.3. Medical Gas Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Air Liquide
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Matheson Tri-Gas Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Air Products and Chemicals Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Praxair Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Linde Gas
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air Gas Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BeaconMedaes LLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Medical Gas Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Allied Health Care
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ohio Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Powerex.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Amico Corp.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gentec Corp.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook