The global medical gas cylinders market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by factors such as increasing demand for medical gases in hospitals and clinics, growing number of patients with respiratory diseases, and increasing awareness about the benefits of medical gases among healthcare professionals.
Medical Oxygen: The global medical oxygen cylinders market is expected to grow at a CAGR of 4.6% during the forecast period, to reach USD 1.8 billion by 2030 from USD 1.4 billion in 2018. This growth can be attributed to factors such as increasing demand for oxygen in hospitals and clinics due to rising number of patients with respiratory diseases and growing awareness about the benefits of oxygen among healthcare professionals; however, high cost associated with its production may hamper its growth over the next few years.
Medical Nitrous Oxide: The global nitrous oxide cylinders market is expected to grow at a CAGR of 5% during the forecast period, reaching USD 0.7 billion by 2030 from USD 067 million in 2018 due mainly due increased use in hospitals and clinics for anesthesia purposes; however, high cost associated with its production may hamper its growth over the next few years.
Some Of The Growth Factors Of This Market:
- Increasing awareness about the benefits of using medical gas cylinders over other methods such as oxygen tanks has also led to an increase in demand for these products in developed countries such as North America and Europe, which are witnessing an aging population with respiratory problems like asthma or COPD (chronic obstructive pulmonary disease).
- The increasing number of hospitals worldwide has also led to an increase in demand for medical gas cylinders due to their use in various procedures like anesthesia or surgery where they are used as a source of oxygen or nitrous oxide during surgery or anesthesia respectively; this is expected to drive growth during the forecast period from 2017-2022 5) Increasing adoption rates among healthcare providers owing largely due increased awareness about safety standards set by regulatory bodies such as FDA (Food and Drug Administration) have also contributed towards growth prospects for this market.
Industry Growth Insights published a new data on “Medical Gas Cylinders Market”. The research report is titled “Medical Gas Cylinders Market research by Types (Medical Oxygen, Medical Nitrous Oxide, Medical Air, Medical Helium, Others), By Applications (Hospitals (Labs & Clinics), Home Healthcare, Universities/Research Institutions, Pharmaceutical & Biotechnology Industries), By Players/Companies Sinomatech, Worthington Industries, Luxfer Group, Everest Kanto Cylinders, Rama Cylinders, Faber Industrie, Praxair Technologies, CIMC ENRIC, Lianzhong Composites, Avanco Group, Ullit”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Gas Cylinders Market Research Report
By Type
Medical Oxygen, Medical Nitrous Oxide, Medical Air, Medical Helium, Others
By Application
Hospitals (Labs & Clinics), Home Healthcare, Universities/Research Institutions, Pharmaceutical & Biotechnology Industries
By Companies
Sinomatech, Worthington Industries, Luxfer Group, Everest Kanto Cylinders, Rama Cylinders, Faber Industrie, Praxair Technologies, CIMC ENRIC, Lianzhong Composites, Avanco Group, Ullit
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Medical Gas Cylinders Market Report Segments:
The global Medical Gas Cylinders market is segmented on the basis of:
Types
Medical Oxygen, Medical Nitrous Oxide, Medical Air, Medical Helium, 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 (Labs & Clinics), Home Healthcare, Universities/Research Institutions, Pharmaceutical & Biotechnology Industries
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:
- Sinomatech
- Worthington Industries
- Luxfer Group
- Everest Kanto Cylinders
- Rama Cylinders
- Faber Industrie
- Praxair Technologies
- CIMC ENRIC
- Lianzhong Composites
- Avanco Group
- Ullit
Highlights of The Medical Gas Cylinders 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:
- Medical Oxygen
- Medical Nitrous Oxide
- Medical Air
- Medical Helium
- Others
- By Application:
- Hospitals (Labs & Clinics)
- Home Healthcare
- Universities/Research Institutions
- Pharmaceutical & Biotechnology Industries
- 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 Cylinders 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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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 cylinders are cylinders of compressed gas that are used to provide an inhalation anesthetic or sedative.
Some of the major players in the medical gas cylinders market are Sinomatech, Worthington Industries, Luxfer Group, Everest Kanto Cylinders, Rama Cylinders, Faber Industrie, Praxair Technologies, CIMC ENRIC, Lianzhong Composites, Avanco Group, Ullit.
The medical gas cylinders market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Gas Cylinders 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 Cylinders 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 Cylinders Market - Supply Chain
4.5. Global Medical Gas Cylinders Market Forecast
4.5.1. Medical Gas Cylinders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Gas Cylinders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Gas Cylinders Market Absolute $ Opportunity
5. Global Medical Gas Cylinders 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 Cylinders Market Size and Volume Forecast by Type
5.3.1. Medical Oxygen
5.3.2. Medical Nitrous Oxide
5.3.3. Medical Air
5.3.4. Medical Helium
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Gas Cylinders 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 Cylinders Market Size and Volume Forecast by Application
6.3.1. Hospitals (Labs & Clinics)
6.3.2. Home Healthcare
6.3.3. Universities/Research Institutions
6.3.4. Pharmaceutical & Biotechnology Industries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Gas Cylinders 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 Cylinders 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 Cylinders 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 Cylinders 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 Cylinders Demand Share Forecast, 2019-2026
9. North America Medical Gas Cylinders 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 Cylinders 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 Cylinders Market Size and Volume Forecast by Application
9.4.1. Hospitals (Labs & Clinics)
9.4.2. Home Healthcare
9.4.3. Universities/Research Institutions
9.4.4. Pharmaceutical & Biotechnology Industries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Gas Cylinders Market Size and Volume Forecast by Type
9.7.1. Medical Oxygen
9.7.2. Medical Nitrous Oxide
9.7.3. Medical Air
9.7.4. Medical Helium
9.7.5. 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 Cylinders Demand Share Forecast, 2019-2026
10. Latin America Medical Gas Cylinders 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 Cylinders 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 Cylinders Market Size and Volume Forecast by Application
10.4.1. Hospitals (Labs & Clinics)
10.4.2. Home Healthcare
10.4.3. Universities/Research Institutions
10.4.4. Pharmaceutical & Biotechnology Industries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Gas Cylinders Market Size and Volume Forecast by Type
10.7.1. Medical Oxygen
10.7.2. Medical Nitrous Oxide
10.7.3. Medical Air
10.7.4. Medical Helium
10.7.5. 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 Cylinders Demand Share Forecast, 2019-2026
11. Europe Medical Gas Cylinders 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 Cylinders 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 Cylinders Market Size and Volume Forecast by Application
11.4.1. Hospitals (Labs & Clinics)
11.4.2. Home Healthcare
11.4.3. Universities/Research Institutions
11.4.4. Pharmaceutical & Biotechnology Industries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Gas Cylinders Market Size and Volume Forecast by Type
11.7.1. Medical Oxygen
11.7.2. Medical Nitrous Oxide
11.7.3 Medical Air
11.7.4. Medical Helium
11.7.5. 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 Cylinders Demand Share, 2019-2026
12. Asia Pacific Medical Gas Cylinders 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 Cylinders 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 Cylinders Market Size and Volume Forecast by Application
12.4.1. Hospitals (Labs & Clinics)
12.4.2. Home Healthcare
12.4.3. Universities/Research Institutions
12.4.4. Pharmaceutical & Biotechnology Industries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Gas Cylinders Market Size and Volume Forecast by Type
12.7.1. Medical Oxygen
12.7.2. Medical Nitrous Oxide
12.7.3. Medical Air
12.7.4. Medical Helium
12.7.5. 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 Cylinders Demand Share, 2019-2026
13. Middle East & Africa Medical Gas Cylinders 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 Cylinders 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 Cylinders Market Size and Volume Forecast by Application
13.4.1. Hospitals (Labs & Clinics)
13.4.2. Home Healthcare
13.4.3. Universities/Research Institutions
13.4.4. Pharmaceutical & Biotechnology Industries
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 Cylinders Market Size and Volume Forecast by Type
13.7.1. Medical Oxygen
13.7.2. Medical Nitrous Oxide
13.7.3. Medical Air
13.7.4. Medical Helium
13.7.5. 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 Cylinders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Gas Cylinders Market: Market Share Analysis
14.2. Medical Gas Cylinders Distributors and Customers
14.3. Medical Gas Cylinders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sinomatech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Worthington Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Luxfer Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Everest Kanto Cylinders
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rama Cylinders
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Faber Industrie
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Praxair Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CIMC ENRIC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lianzhong Composites
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Avanco Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ullit
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
