Medical Gases Market, By Products (Pure gases, Medical Gas Mixtures, and Medical Gas Equipment), By Application (Therapeutic, Diagnostics, and Others) And Geography (North America, Europe, Asia Pacific, And Rest Of The World) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The medical gases market is estimated to represent a global market of USD 7.7 billion by 2017 with growth rate of 7.1%. Medical gases are pharmaceutical molecules, specifically used for the medical, biotechnology and pharmaceutical industries. These are widely used for the treatment of patients in hospitals, clinics as well as in emergency services. Additionally, these are used to synthesize, insulate or sterilize medical products. Increasing prevalence of lifestyle and chronic diseases stimulate the market for medical gas during the future period. According to the WHO, the chronic diseases (chronic respiratory diseases, heart disorder, stroke, cancer, and diabetes) are responsible for 38 million deaths (around 68% of all deaths worldwide) in 2012. Each year, 16 million people die from NCDs before the age of 70. Additionally, constant aging population, growing demand for home care, and technological advancements will support the market growth to great extent. However, medical gases and its associated equipment are highly regulated by the Center for Drug Evaluation and Research and the U.S. Food and Drug Administration. A violation of the act leads to court-enforced trials including seizure of the finished product, ingredients, and the equipment; a permanent or temporary ban on the manufacturing or filling of compressed medical gases; and criminal prosecution. Such facts will hamper the market growth.
Product Takeaway
Pure gases, Medical Gas Mixtures, and Medical Gas Equipment are the product segments of the market. Among which, medical gas equipment accounted for the largest share of the market, more than 52% share in 2017. The pure gas segment is divided into Oxygen, Medical Air, Helium, Carbon Dioxide, Nitrogen, and others. These gases are used in variety of medical applications. For example, oxygen is a medical gas, used in all healthcare setting. It is also used for inhalation and resuscitation therapy. Oxygen is used for the treatment of conditions such as cyanosis, COPD, carbon monoxide poisoning, shock, hemorrhage, trauma, respiratory arrest, and cardiovascular disorders.
Gas Mixture & Equipment Segment Takeaway
Gas mixture segment is bifurcated into Helium-Oxygen Mixtures, Carbon Dioxide-Oxygen Mixtures, Blood Gas Mixtures, Oxygen-Nitrous Oxide Mixtures, Laser Gas Mixtures, Lung Mixtures and others. By Equipment, the market is categorized as Manifolds, Vacuum Systems, Alarm Systems, Flowmeters, Cylinders, and others. Manifolds and Vacuum Systems are major revenue generating product segment in 2017 and expected to dominate the market over the forecast period.
Global Medical Gases Equipment Market by Types, 2017 vs 2025
Application Takeaway
Application of medical gases in therapeutic field captured the largest share of the global market. In 2017, the therapeutic application recorded 47.23% share of the total market. Therapeutic medical gases offer huge impact as a new and innovative therapeutic tool for unmet medical requirements. There is a broad range of medical gases that are used in treatment such as oxygen, carbon dioxide, nitrogen, oxygen-nitrous, oxide mixtures, helium-oxygen mixtures and laser gas mixtures. For example, the traditional medical gases such as oxygen and nitrous oxide play protective roles in various disease conditions such as respiratory, cardiovascular and blood vessel-related problems. Diagnostic purpose of medical gases is expected to grow at highest growth rate owing to its wide application area. The increase in demand for high-end diagnostics technology and the rising blood gas analysis and lung function testing is further expected to drive the growth of this particular segment.
Regional Takeaway
Regionally, North America and Europe accounted for the largest share, captured more than 70% share of the global market, collectively. Growth of these regions is majorly attributed to the increasing demand for medical gases coupled with rising research and development activities.
Key Vendor Takeaway
The market is competitive in nature. Companies such as BeaconMedæs, Air Liquide, The Linde Group, the H.A.C. Group, Matheson, and a few others present in this market. Companies are investing rigorously to develop new or more efficient medical gas products. For example, SCI Analytical manufacture and supplies a wide range of medical gases and products that can be used by medical devices and pharma distributors as well as manufacturers. The company employs professional engineers, specialized gas scientists and research and development technicians to design new technology integrated medical gas products.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
- Pure gases
- Oxygen
- Medical Air
- Helium
- Carbon Dioxide
- Nitrogen
- Others
- Medical Gas Mixtures
- Helium-Oxygen Mixtures
- Carbon Dioxide-Oxygen Mixtures
- Blood Gas Mixtures
- Oxygen-Nitrous Oxide Mixtures
- Laser Gas Mixtures
- Lung Mixtures
- Others
- Medical Gas Equipment
- Manifolds
- Vacuum Systems
- Alarm Systems
- Flowmeters
- Cylinders
- Others
MARKET, BY APPLICATION
- Therapeutics
- Diagnostics
- Others
MARKET, BY REGION
- North America
- Europe
- Asia Pacific
- Rest of the World
MARKET, BY COUNTRY
- Further Breakdown of The North America Market
- U.S.
- Canada
- Further Breakdown of The Europe Market
- Germany
- France
- Rest of Europe
- Further Breakdown of The APAC Market
- India
- China
- Rest of APAC
- Further Breakdown of The Rest of the World Market
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. MEDICAL GASES MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. MEDICAL GASES KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. MEDICAL GASES INDUSTRY STUDY
4.1. Company Activity Analysis
4.2. Regulatory Framework Analysis
4.3. Market Attractiveness Analysis
4.4. Value Chain Analysis
5. MEDICAL GASES MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. MEDICAL GASES MARKET – BY PRODUCTS:
6.1. Overview
6.2. Pure gases
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.3. Oxygen
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.4. Medical Air
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.5. Helium
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.6. Carbon Dioxide
6.2.6.1. Overview
6.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.7. Nitrogen
6.2.7.1. Overview
6.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.8. Others
6.2.8.1. Overview
6.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Medical Gas Mixtures
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.3. Helium-Oxygen Mixtures
6.3.3.1. Overview
6.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.4. Carbon Dioxide-Oxygen Mixtures
6.3.4.1. Overview
6.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.5. Blood Gas Mixtures
6.3.5.1. Overview
6.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.6. Oxygen-Nitrous Oxide Mixtures
6.3.6.1. Overview
6.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.7. Laser Gas Mixtures
6.3.7.1. Overview
6.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.8. Lung Mixtures
6.3.8.1. Overview
6.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3.9. Others
6.3.9.1. Overview
6.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Medical Gas Equipment
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.3. Manifolds
6.4.3.1. Overview
6.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.4. Vacuum Systems
6.4.4.1. Overview
6.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.5. Alarm Systems
6.4.5.1. Overview
6.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.6. Flowmeters
6.4.6.1. Overview
6.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.7. Cylinders
6.4.7.1. Overview
6.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.8. Others
6.4.8.1. Overview
6.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. MEDICAL GASES MARKET – BY APPLICATION:
7.1. Overview
7.2. Therapeutics
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Diagnostics
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Others
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. MEDICAL GASES MARKET– BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.3. U.S.
8.2.3.1. Overview
8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.4. Canada
8.2.4.1. Overview
8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.3. France
8.3.3.1. Overview
8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.4. Germany
8.3.4.1. Overview
8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.5. Rest of Europe
8.3.5.1. Overview
8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.3. China
8.4.3.1. Overview
8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.4. India
8.4.4.1. Overview
8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.5. Rest of APAC
8.4.5.1. Overview
8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.3. Latin America
8.5.3.1. Overview
8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.4. Middle East and Africa
8.5.4.1. Overview
8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. BeaconMedæs
9.1.1. Company Overview
9.1.2. SWOT Analysis
9.1.3. Key Developments
9.2. Air Liquide
9.2.1. Company Overview
9.2.2. SWOT Analysis
9.2.3. Key Developments
9.3. The Linde Group
9.3.1. Company Overview
9.3.2. SWOT Analysis
9.3.3. Key Developments
9.4. The H.A.C. Group, Matheson
9.4.1. Company Overview
9.4.2. SWOT Analysis
9.4.3. Key Developments
9.5. SCI Analytical
9.5.1. Company Overview
9.5.2. SWOT Analysis
9.5.3. Key Developments
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. Abbreviations
11.3. Disclaimer
11.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PESTLE Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Medical Gas Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 Medical Gas Market, by Products, 2014 – 2025 (USD Million)
Table 11 M Medical Gas Market, by Application, 2014 – 2025 (USD Million)
Table 12 Medical Gas Market, by Geography, 2014 – 2025 (USD Million)
Table 13 North America Medical Gas Market, 2014 – 2025 (USD Million)
Table 14 U.S. Medical Gas Market, 2014 – 2025 (USD Million)
Table 15 Canada Medical Gas Market, 2014 – 2025 (USD Million)
Table 16 Europe Medical Gas Market, 2014 – 2025 (USD Million)
Table 17 France Medical Gas Market, 2014 – 2025 (USD Million)
Table 18 Germany Medical Gas Market, 2014 – 2025 (USD Million)
Table 19 Asia Pacific Medical Gas Market, 2014 – 2025 (USD Million)
Table 20 China Medical Gas Market, 2014 – 2025 (USD Million)
Table 21 India Medical Gas Market, 2014 – 2025 (USD Million)
Table 22 Latin America Medical Gas Market, 2014 – 2025 (USD Million)
Table 23 MEA Medical Gas Market, 2014 – 2025 (USD Million)
List of Figures
Figure 1 Research Methdology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Market Attractiveness Analysis
Figure 5 Value Chain Analysis Analysis
Figure 6 Medical Gas Market, by Products, 2014 – 2025 (USD Million)
Figure 7 Medical Gas Market, by Application, 2014 – 2025 (USD Million)
Figure 8 Medical Gas Market, by Geography, 2014 – 2025 (USD Million)
