Medical Gas and Equipment Market - Forecasts from 2019 to 2024

The medical gas and equipment market is projected to grow at a CAGR of 6.97% to reach US$18,989.009 million by 2024, from US$12,675.208 million in 2018. Medical gas equipment helps in sustaining life and is regulated as a drug. Thus, one needs to follow certain instructions in order to systematically introduce gases safely. The gases include oxygen, carbon dioxide, nitrogen, helium, nitrous oxide, and anesthetic gases. The growing number of surgical procedures are driving the growth of the global medical gas and equipment market in the forecast period. Additionally, growing respiratory diseases where smoking is one of the major reasons for this disease, the rising global aging population, and the prevalence of cardiovascular diseases are other factors driving the market growth. Furthermore, the growing home healthcare market will further propel the growth of the global medical gas and equipment market during the forecast period.

The Medical Gas and Equipment Market - Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, application, end-user, and geography.

The medical gas and equipment market has been segmented based on type, application, end-user, and geography. By type, the market is segmented as medical gas and medical gas equipment. By application, the market is segmented as therapeutic condition, pharmaceutical manufacturing & research, and diagnostics applications.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific. The report also analyzes 16 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the medical gas and equipment market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the medical gas and equipment market.

Segmentation

The medical gas and equipment market has been analyzed through the following segments:

By Type

• Medical Gas
• Oxygen
• Carbon Dioxide
• Nitrogen
• Nitrous Oxide
• Medical Air
• Helium
• Medical Gas Equipment

By Application

• Therapeutic Condition
• Respiratory therapy
• Cardiovascular Therapy
• Others
• Pharmaceutical Manufacturing & Research
• Diagnostics Applications

By End-User

• Hospitals
• Home Healthcare
• Pharmaceutical Companies
• Academic & Research Institutes
• Emergency Services

By Geography

North America

• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others

Europe

• Germany
• France
• United Kingdom
• Spain
• Others

Middle East and Africa

• Israel
• Saudi Arabia
• UAE
• Others

Asia Pacific

• China
• Japan
• South Korea
• India
• Others

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