The global medical gases and equipment market is expected to grow from USD 11.12 billion in 2019 to USD 21.01 billion by 2027, at a CAGR of 8.5% during the forecast period 2020-2027.
Medical gasses are gases specially used for medicinal, biomedical and biotechnological research purposes. These gases may be either a single type of gas or a combination of various gases. Some of the types of gases that are most commonly used are nitrous oxide, carbon dioxide, ammonia, nitrogen and oxygen. Equipment like cylinders is used for storage and transportation purposes.
This study delivers a comprehensive analysis of type, application, end-user and regions. The research includes growth drivers as well as challenges prevalent in the global medical gases and equipment market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the medical gases and equipment market. The type segment comprises of medical gas and medical gas equipment. On the basis of application, the market has been divided into diagnostics, therapeutics, pharmaceutical manufacturing & research, and others. In 2019, the therapeutic segment accounted for the largest share and is expected to continue doing so, primarily due to the increasing incidence of cardiovascular and respiratory diseases caused by smoking tobacco, rising pollution and lifestyle changes. Based on end-user, the global market has been segmented into diagnostic & research laboratories, pharmaceutical & biopharmaceutical companies, academic institutes & research institutes, hospitals, home healthcare. In, 2019, the hospitals segment held the majority share of the global market chiefly due to fairly high usage of medical gasses and equipment in hospitals.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the rising elderly population, high healthcare expenditure, increasing prevalence of chronic, cardiovascular & respiratory diseases, presence of modern healthcare infrastructure and the presence of major manufacturers in the region, the North-America region stands as a promising market for medical gases and equipment and is projected to hold the majority of the global market share during the forecast period. The APAC region is forecasted to register the highest growth over the years. This thanks to expanding healthcare industry, the incidence of respiratory diseases, and increasing healthcare expenditure.
Some of the notable players in the medical gases and equipment market are Praxair, Inc., Atlas Copco, Messer Group GmbH, Taiyo Nippon Sanso Corp., Air Products and Chemicals, Inc., Air Liquide, Linde Group, SOL SpA, Airgas, Matheson Tri-Gas, BeaconMedaes, and GCE Holding AB, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global medical gases and equipment industry.
For example, Air Liquide announced in June 2015 that it would acquire Baywater Healthcare Ireland Ltd in order to extend its European home healthcare business. This is intended to further add to the current product offering of the firm, enabling it to attract potential prospective consumers.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Medical Gases and Equipment Market Analysis And Forecast, By Type
Global Medical Gases and Equipment Market Analysis And Forecast, By Application
Global Medical Gases and Equipment Market Analysis And Forecast, By End-User
Global Medical Gases and Equipment Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End-users
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing chronic diseases
5.2.2. Increasing healthcare expenditure
5.3. Restrains
5.3.1. Shortage of helium
5.4. Opportunities
5.4.1. Growing technological advancement
5.5. Challenges
5.5.1. Changing of medical gas calibration standard
6. Global Medical Gases and Equipment Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Medical Gas
6.3. Medical Gas Equipment
7. Global Medical Gases and Equipment Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Diagnostics
7.3. Therapeutics
7.4. Pharmaceutical Manufacturing and Research
7.5. Others
8. Global Medical Gases and Equipment Market Analysis and Forecast, By End-users
8.1. Segment Overview
8.2. Diagnostics and Research Laboratories
8.3. Pharmaceuticals and Biopharmaceutical Companies
8.4. Academic Institutes and Research Institutes
8.5. Hospitals
8.6. Home Healthcare
9. Global Medical Gases and Equipment Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Medical Gases and Equipment Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Medical Gases and Equipment Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Praxair Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Atlas Copco
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Messer Group GmbH
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Taiyo Nippon Sanso Corp
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Air Products and Chemicals Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Air Liquide
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Linde Group
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. SOL SpA
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Airgas
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Matheson Tri-Gas
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. BeaconMedaes
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. GCE Holding AB
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
List of Table
1. Global Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
2. Global Medical Gas, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
3. Global Medical Gas Equipment, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
4. Global Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
5. Global Diagnostics, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
6. Global Therapeutics, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
7. Global Pharmaceutical Manufacturing & Research, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
8. Global Others, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
9. Global Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
10. Global Diagnostic & Research Laboratories, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
11. Global Pharmaceutical & Biopharmaceutical Companies, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
12. Global Academic Institutes & Research Institutes, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
13. Global Hospitals, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
14. Global Home Healthcare, Medical Gases and Equipment Market, By Region, 2019-2027 (USD Billion)
15. North America Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
16. North America Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
17. North America Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
18. U.S. Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
19. U.S. Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
20. U.S. Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
21. Canada Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
22. Canada Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
23. Canada Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
24. Mexico Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
25. Mexico Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
26. Mexico Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
27. Europe Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
28. Europe Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
29. Europe Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
30. Germany Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
31. Germany Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
32. Germany Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
33. France Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
34. France Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
35. France Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
36. U.K. Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
37. U.K. Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
38. U.K. Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
39. Italy Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
40. Italy Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
41. Italy Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
42. Spain Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
43. Spain Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
44. Spain Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
45. Asia Pacific Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
46. Asia Pacific Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
47. Asia Pacific Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
48. Japan Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
49. Japan Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
50. Japan Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
51. China Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
52. China Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
53. China Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
54. India Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
55. India Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
56. India Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
57. South America Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
58. South America Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
59. South America Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
60. Brazil Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
61. Brazil Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
62. Brazil Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
63. Middle East and Africa Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
64. Middle East and Africa Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
65. Middle East and Africa Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
66. UAE Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
67. UAE Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
68. UAE Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
69. South Africa Medical Gases and Equipment Market, By Type, 2019-2027 (USD Billion)
70. South Africa Medical Gases and Equipment Market, By Application, 2019-2027 (USD Billion)
71. South Africa Medical Gases and Equipment Market, By End-users, 2019-2027 (USD Billion)
List of Figures
1. Global Medical Gases and Equipment Market Segmentation
2. Global Medical Gases and Equipment Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Medical Gases and Equipment Market Attractiveness Analysis By Type
9. Global Medical Gases and Equipment Market Attractiveness Analysis By Application
10. Global Medical Gases and Equipment Market Attractiveness Analysis By End-users
11. Global Medical Gases and Equipment Market Attractiveness Analysis By Region
12. Global Medical Gases and Equipment Market: Dynamics
13. Global Medical Gases and Equipment Market Share By Type (2020 & 2027)
14. Global Medical Gases and Equipment Market Share by Application (2020 & 2027)
15. Global Medical Gases and Equipment Market Share by End-users (2020 & 2027)
16. Global Medical Gases and Equipment Market Share by Regions (2020 & 2027)
17. Global Medical Gases and Equipment Market Share by Company (2019)
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