Market Overview:
The global medical carbon dioxide absorbents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of respiratory diseases, rising awareness about early diagnosis and treatment of respiratory diseases, and growing demand for minimally invasive surgeries. In addition, technological advancements in medical carbon dioxide absorbents are also contributing to the growth of this market. Based on type, soda lime accounted for the majority share of the global medical carbon dioxide absorbents market in 2017. This segment is expected to maintain its dominance during the forecast period due to its high efficiency and low cost. Barium lime is projected to be the fastest-growing type segment during the forecast period owing to its superior absorption capacity as compared with other types of medical carbon dioxide absorbents available in the market.
Product Definition:
A medical carbon dioxide absorbent is a material that is used to remove carbon dioxide from the air. This can be important in cases where there is too much carbon dioxide in the air, as it can be dangerous for people to breathe. Carbon dioxide absorbents are often used in hospitals and other medical settings.
Soda Lime:
Soda lime is a compound of calcium oxide and sodium carbonate, which when used in water treatment can produce highly pure water. It is also known as caustic soda lime or just plain soda. The product has found widespread use in the production of other chemicals such as polycarbonates, epoxy resins, unsaturated polyester resins and glass fiber reinforced plastics (GFRP).
Barium Lime:
Barium lime is a compound of barium, calcium and lime. It has a high content of reactive barium which makes it an important ingredient in medical absorbents such as coagulants and flocculants. Barium lime is used to treat several diseases such as kidney stones, hyperthyroidism, gout arthritis & other inflammatory diseases by reducing the inflammation response.
Application Insights:
Based on the application, the global medical carbon dioxide absorbents market is segmented into hospital, clinic and others. The hospital application segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of chronic diseases and a large number of surgeries being conducted simultaneously at any given time. As aforementioned, CO2 is an important component for maintaining intracorporal conditions during surgical procedures. Thus, hospitals are expected to remain major consumers owing to their core functions such as treating patients with critical illnesses that require emergency care services along with other outpatient departments (OPD).
The other applications segment includes healthcare centers and diagnostic centers that perform fewer surgeries or have less intensive procedures compared to hospitals or clinics but offer similar medical services nonetheless. These facilities also use these products due to their benefits over conventional methods such as faster recovery times without increasing expenditure thus making them cost-effective alternatives while improving patient safety at the same time.
Regional Analysis:
North America was the largest regional market in 2017 owing to high healthcare expenditure and presence of major absorbents manufacturers. The region is expected to maintain its dominance over the forecast period due to increasing CO2 surgical procedures, rising prevalence of chronic diseases, and growing demand for medical tourism.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 owing with rapid economic development in countries like India & China along with other South East Asian countries. In addition, increasing number of CO2 surgeries are also expected drive growth during the forecast period.
Growth Factors:
- Increasing demand for medical carbon dioxide absorbents from the healthcare sector to meet the rising needs of patients.
- Growing number of surgical procedures requiring use of medical carbon dioxide absorbents for effective patient management.
- Rising awareness about the benefits of using medical carbon dioxide absorbents among healthcare professionals and patients alike.
- Technological advancements in medical carbon dioxide absorbent products that offer better performance and safety features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Carbon Dioxide Absorbents Market Research Report
By Type
Soda Lime, Barium Lime, Calcium Lime
By Application
Hospital, Clinic, Other
By Companies
Smith Medical, Lowenstein Group, Drager, Eickemeyer Veterinary Equipment, Armstrong Medical, VetEquip, Allied Healthcare Products, OES Medical, Zhejiang Hisern Medical
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Medical Carbon Dioxide Absorbents Market Report Segments:
The global Medical Carbon Dioxide Absorbents market is segmented on the basis of:
Types
Soda Lime, Barium Lime, Calcium Lime
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
Hospital, Clinic, Other
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:
- Smith Medical
- Lowenstein Group
- Drager
- Eickemeyer Veterinary Equipment
- Armstrong Medical
- VetEquip
- Allied Healthcare Products
- OES Medical
- Zhejiang Hisern Medical
Highlights of The Medical Carbon Dioxide Absorbents 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:
- Soda Lime
- Barium Lime
- Calcium Lime
- By Application:
- Hospital
- Clinic
- Other
- 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 Carbon Dioxide Absorbents 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.
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- Correctly Positioning New Products
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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 carbon dioxide absorbents are a type of material that can be used to help remove CO2 from the air. They are often used in hospitals and other medical facilities to help reduce the amount of CO2 in the air.
Some of the major players in the medical carbon dioxide absorbents market are Smith Medical, Lowenstein Group, Drager, Eickemeyer Veterinary Equipment, Armstrong Medical, VetEquip, Allied Healthcare Products, OES Medical, Zhejiang Hisern Medical.
The medical carbon dioxide absorbents market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Carbon Dioxide Absorbents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Carbon Dioxide Absorbents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Carbon Dioxide Absorbents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Carbon Dioxide Absorbents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Carbon Dioxide Absorbents Market Size & Forecast, 2020-2028
4.5.1 Medical Carbon Dioxide Absorbents Market Size and Y-o-Y Growth
4.5.2 Medical Carbon Dioxide Absorbents Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Soda Lime
5.2.2 Barium Lime
5.2.3 Calcium Lime
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Carbon Dioxide Absorbents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Carbon Dioxide Absorbents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Soda Lime
9.6.2 Barium Lime
9.6.3 Calcium Lime
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Soda Lime
10.6.2 Barium Lime
10.6.3 Calcium Lime
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Soda Lime
11.6.2 Barium Lime
11.6.3 Calcium Lime
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Soda Lime
12.6.2 Barium Lime
12.6.3 Calcium Lime
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Soda Lime
13.6.2 Barium Lime
13.6.3 Calcium Lime
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Carbon Dioxide Absorbents Market: Competitive Dashboard
14.2 Global Medical Carbon Dioxide Absorbents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smith Medical
14.3.2 Lowenstein Group
14.3.3 Drager
14.3.4 Eickemeyer Veterinary Equipment
14.3.5 Armstrong Medical
14.3.6 VetEquip
14.3.7 Allied Healthcare Products
14.3.8 OES Medical
14.3.9 Zhejiang Hisern Medical
