Market Overview:
The global medical gas alarm system 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 gas alarm systems from hospitals, clinics, and other end-users. Additionally, the growing awareness about safety and security among healthcare professionals is also contributing to the growth of this market. Based on type, the global medical gas alarm system market can be segmented into master alarms, area alarms, and local alarms. Master alarms are used to monitor all areas where medical gases are present in a facility. Area alarms are used to monitor specific areas where medical gases are present in a facility.
Product Definition:
A medical gas alarm system is a device that senses the presence of medical gases in an area and alerts appropriate personnel. These systems are important because they can help prevent injuries or fatalities caused by exposure to medical gases.
Master Alarm:
Master alarm is a device that generates an alert when the gas concentration in a medical facility surpasses a pre-determined value. The master alarm system works along with safety valves, which open to let off pressure when the danger zone is reached. Master alarms are used in places like hospitals and clinics where there are multiple gas detectors for multiple hazards.
The global medical gas alarm system market was valued at USD 648 million in 2016.
Area Alarm:
An area alarm is a device used to indicate the presence of a leak in an enclosed space, such as a hospital or laboratory. It consists of two parts - transmitter and receiver. The transmitter part is usually mounted on the ceiling or wall and it sends an electromagnetic signal which is received by the receiver part attached to or near the suspected area for indicating gas leaks.
Application Insights:
Based on the application, the global medical gas alarm system market has been segmented into hospital, clinic and others. The others segment includes research institutes, home care settings and other non-clinical areas. The hospital segment dominated the overall application market in 2017 due to factors such as increasing prevalence of infectious diseases and pressure on healthcare resources globally. This is also attributed to a rise in government funding for hospitals that results in an increased number of beds per unit area which further increases demand for medical gases across this setting.
The Clinic segment is expected to exhibit a higher CAGR over the forecast period owing to factors such as rising disposable income among consumers resulting in more spending on healthcare services along with growing awareness about preventative health measures through media exposure & public lectures by prominent speakers regarding new technologies & products especially pertaining to medical gases used across this setting.
Regional Analysis:
North America dominated the global medical gas alarm system market in 2017. The growth can be attributed to various factors such as increasing number of surgeries, rising prevalence of chronic diseases, and growing demand for anesthesia during surgeries. In addition, an increase in the adoption of new technologies is expected to drive regional growth over the forecast period. For instance, all hospitals are encouraged by CMS to use a GMSA system with integrated COVID-19 monitoring device (ICS).
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising awareness about patient safety & care standards. Moreover, economic development coupled with government initiatives aimed at reducing maternal mortality rate is also expected fuel regional demand for medical gas alarms systems during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for medical gas alarm systems in hospitals and clinics owing to the growing awareness about safety and security of patients.
- Rising number of accidental deaths due to leakage of medical gases, which is expected to boost the demand for medical gas alarm systems over the forecast period.
- Growing investments by key players in research and development activities to develop new and innovative products that comply with safety standards is anticipated to propel the growth of this market during the forecast period.
- Technological advancements in medical gas alarm systems that offer enhanced features such as remote monitoring capabilities are projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Gas Alarm System Market Research Report
By Type
Master Alarm, Area Alarm, Local Alarm
By Application
Hospital, Clinic, Others
By Companies
GCE Group, Beacon Medaes, DELTA P, ESCO Medicon, Berika Teknoloji Medical, Acare, INMED-Karczewscy, INSPITAL, Linde HiQ, Miden Medical, Silbermann Technologies, Tedisel 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Medical Gas Alarm System Market Report Segments:
The global Medical Gas Alarm System market is segmented on the basis of:
Types
Master Alarm, Area Alarm, Local Alarm
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, 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:
- GCE Group
- Beacon Medaes
- DELTA P
- ESCO Medicon
- Berika Teknoloji Medical
- Acare
- INMED-Karczewscy
- INSPITAL
- Linde HiQ
- Miden Medical
- Silbermann Technologies
- Tedisel Medical
Highlights of The Medical Gas Alarm System 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:
- Master Alarm
- Area Alarm
- Local Alarm
- By Application:
- Hospital
- Clinic
- 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 Alarm System 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:
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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?
A medical gas alarm system is a type of security system that monitors the levels of oxygen and other gases in a room. If the levels become too high, the alarm will sound to warn people in the room.
Some of the key players operating in the medical gas alarm system market are GCE Group, Beacon Medaes, DELTA P, ESCO Medicon, Berika Teknoloji Medical, Acare, INMED-Karczewscy, INSPITAL, Linde HiQ, Miden Medical, Silbermann Technologies, Tedisel Medical.
The medical gas alarm system market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Gas Alarm System 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 Gas Alarm System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Gas Alarm System 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 Gas Alarm System 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 Gas Alarm System Market Size & Forecast, 2020-2028
4.5.1 Medical Gas Alarm System Market Size and Y-o-Y Growth
4.5.2 Medical Gas Alarm System 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 Master Alarm
5.2.2 Area Alarm
5.2.3 Local Alarm
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 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Gas Alarm System 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 Gas Alarm System 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 Master Alarm
9.6.2 Area Alarm
9.6.3 Local Alarm
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 Others
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 Master Alarm
10.6.2 Area Alarm
10.6.3 Local Alarm
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 Others
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 Master Alarm
11.6.2 Area Alarm
11.6.3 Local Alarm
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 Others
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 Master Alarm
12.6.2 Area Alarm
12.6.3 Local Alarm
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 Others
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 Master Alarm
13.6.2 Area Alarm
13.6.3 Local Alarm
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 Others
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 Gas Alarm System Market: Competitive Dashboard
14.2 Global Medical Gas Alarm System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GCE Group
14.3.2 Beacon Medaes
14.3.3 DELTA P
14.3.4 ESCO Medicon
14.3.5 Berika Teknoloji Medical
14.3.6 Acare
14.3.7 INMED-Karczewscy
14.3.8 INSPITAL
14.3.9 Linde HiQ
14.3.10 Miden Medical
14.3.11 Silbermann Technologies
14.3.12 Tedisel Medical
