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North America Medical Gas Equipment Market Size, Share & Industry Trends Analysis Report By Product, By End Use, By Country and Growth Forecast, 2023 - 2029

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    Report

  • 78 Pages
  • May 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5833523
The North America Medical Gas Equipment Market should witness market growth of 7.1% CAGR during the forecast period (2023-2029).

The purity of the gases is crucial to the patient's rehabilitation, and there is a chance of contracting an infection from medical gases. The need for medicinal gases to be manufactured in accordance with specific specifications results from this. The important elements that will propel the expansion of the market during the analysis period include the rising prevalence of chronic respiratory disorders, implementing policies that are beneficial to business, and an increase in biotechnology research.

Some chronic lung conditions, including COPD, can benefit from oxygen therapy. The heart, not the lungs, is relaxed by oxygen. Pulmonary artery hypertension is prevented because of it. Oxygen consumption for a prolonged period can reduce the strain on the heart. The rising frequency of respiratory diseases catalyzes the expansion of the market. Other medical gases are also used to treat various chronic respiratory problems.

Breathing becomes difficult for the 16 million Americans who have chronic obstructive pulmonary disease (COPD), including emphysema or chronic bronchitis, according to the Centers for Disease Control and Prevention. In addition, millions more people have COPD yet are undiagnosed and untreated. 2.0 million Canadians had chronic obstructive pulmonary disease (COPD) in 2019. Additionally, according to the CDC, 3.08 million students in high school and middle school use at least one tobacco product, such as e-cigarettes, and almost 40 million U.S. adults still smoke cigarettes. Over 1,600 American teenagers under 18 light up their first cigarette daily. It's projected that the prevalence of COPD and other respiratory illnesses would raise demand for medical gas equipment.

The US market dominated the North America Medical Gas Equipment Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $905.4 million by 2029. The Canada market is poised to grow at a CAGR of 9.5% during (2023-2029). Additionally, The Mexico market should witness a CAGR of 8.5% during (2023-2029).

Based on Product, the market is segmented into Vacuum Systems/Pumps, Manifolds, Alarm Systems, Cylinders & Accessories, Flowmeters, Medical Air Compressors, Hose Assemblies & Valves, Outlets, Regulators and Masks. Based on End-use, the market is segmented into Hospitals, Pharmaceutical & Biotechnology Companies, Diagnostic & Research Laboratories, Academic & Research Institutions, Ambulatory Surgical Centers and Home Healthcare. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Air Liquide S.A., Atlas Copco AB, Linde PLC, Allied Healthcare Products, Inc., Enovis Corporation, Powerex, Amico Group of Companies, GCE Holding AB (ESAB Corporation), Genstar Technologies Company Inc. and Rotarex S.A.

Scope of the Study

By Product

  • Vacuum Systems/Pumps
  • Manifolds
  • Alarm Systems
  • Cylinders & Accessories
  • Flowmeters
  • Medical Air Compressors
  • Hose Assemblies & Valves
  • Outlets
  • Regulators
  • Masks

By End-use

  • Hospitals
  • Pharmaceutical & Biotechnology Companies
  • Diagnostic & Research Laboratories
  • Academic & Research Institutions
  • Ambulatory Surgical Centers
  • Home Healthcare

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Air Liquide S.A.
  • Atlas Copco AB
  • Linde PLC
  • Allied Healthcare Products, Inc.
  • Enovis Corporation
  • Powerex
  • Amico Group of Companies
  • GCE Holding AB (ESAB Corporation)
  • Genstar Technologies Company Inc.
  • Rotarex S.A.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Medical Gas Equipment Market, by Product
1.4.2 North America Medical Gas Equipment Market, by End-use
1.4.3 North America Medical Gas Equipment Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Medical Gas Equipment Market by Product
3.1 North America Vacuum Systems/Pumps Market by Country
3.2 North America Manifolds Market by Country
3.3 North America Alarm Systems Market by Country
3.4 North America Cylinders & Accessories Market by Country
3.5 North America Flowmeters Market by Country
3.6 North America Medical Air Compressors Market by Country
3.7 North America Hose Assemblies & Valves Market by Country
3.8 North America Outlets Market by Country
3.9 North America Regulators Market by Country
3.1 North America Masks Market by Country
Chapter 4. North America Medical Gas Equipment Market by End-use
4.1 North America Hospitals Market by Country
4.2 North America Pharmaceutical & Biotechnology Companies Market by Country
4.3 North America Diagnostic & Research Laboratories Market by Country
4.4 North America Academic & Research Institutions Market by Country
4.5 North America Ambulatory Surgical Centers Market by Country
4.6 North America Home Healthcare Market by Country
Chapter 5. North America Medical Gas Equipment Market by Country
5.1 US Medical Gas Equipment Market
5.1.1 US Medical Gas Equipment Market by Product
5.1.2 US Medical Gas Equipment Market by End-use
5.2 Canada Medical Gas Equipment Market
5.2.1 Canada Medical Gas Equipment Market by Product
5.2.2 Canada Medical Gas Equipment Market by End-use
5.3 Mexico Medical Gas Equipment Market
5.3.1 Mexico Medical Gas Equipment Market by Product
5.3.2 Mexico Medical Gas Equipment Market by End-use
5.4 Rest of North America Medical Gas Equipment Market
5.4.1 Rest of North America Medical Gas Equipment Market by Product
5.4.2 Rest of North America Medical Gas Equipment Market by End-use
Chapter 6. Company Profiles
6.1 Air Liquide S.A.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Recent Strategies and Developments
6.1.4.1 Partnerships, Collaborations, and Agreements
6.2 Atlas Copco AB
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent Strategies and Developments
6.2.5.1 Acquisition and Mergers
6.3 Linde PLC
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent Strategies and Developments
6.3.5.1 Acquisition and Mergers
6.4 Allied Healthcare Products, Inc.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expenses
6.5 Enovis Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.6 Powerex
6.6.1 Company Overview
6.7 Amico Group of Companies
6.7.1 Company Overview
6.8 GCE Holding AB (ESAB Corporation)
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expenses
6.9 Genstar Technologies Company Inc.
6.9.1 Company Overview
6.10. Rotarex S.A.
6.10.1 Company Overview

Companies Mentioned

  • Air Liquide S.A.
  • Atlas Copco AB
  • Linde PLC
  • Allied Healthcare Products, Inc.
  • Enovis Corporation
  • Powerex
  • Amico Group of Companies
  • GCE Holding AB (ESAB Corporation)
  • Genstar Technologies Company Inc.
  • Rotarex S.A.

Methodology

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