Medical Gas Industry 2019: Dominated by Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, The Linde Group, SOL-SpA, Praxair Technology, Inc., Air Liquide, Atlas Copco, GCE Holding AB

The Medical Gas Market report has been prepared by taking into account several aspects of marketing research and analysis which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings. The Medical Gas Market report gives CAGR values along with its fluctuations for the specific forecast period. Thus, the wide-ranging market information of the Medical Gas Market report will surely grow business and improve return on investment (ROI).

Medical Gas Market research report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The research studies involved in this Medical Gas Market report helps to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. Key data and information used while preparing this report has been collected from the consistent sources that range from journals, websites, research papers, case studies, and magazines. Medical Gas Market research report works as a backbone for the growth of Pharmaceutical industry.

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Major Players:

Some of the major players operating in this market are Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, The Linde Group, SOL-SpA, Praxair Technology, Inc., Air Liquide, Atlas Copco, GCE Holding AB, Messer Group, The Southern Gas Limited, Aims Industries Ltd., Amico Group, GCE Group, Crumpton Welding Supplies & Equipment, Zaburitz Pearl Co., Ltd., Ellenbarrie Industrial Gases, Uttam, SCI Analytical, Rotarex, Allied Healthcare Products Inc. and many others.

THE LINDE GROUP

The company was founded in 1880, headquarter in Dublin, Republic of Ireland .The company is involved in innovating and manufacturing medical gases and medical gas mixture, including calibration gases, medicinal oxygen, inhaled nitric oxide, medical carbon dioxide, helium/oxygen mixtures, nitrogen etc., which are key components of medical gases. The main business segments of the company are Products and Category. The revenue of the company is USD 21,074.15 Million. Number of employees is 57,605. The company has global presence in EMEA, Americas, and Asia Pacific.

AIR LIQUIDE

The company was founded in 1902, headquarter in Paris, France. Company is involved in providing industrial gases & services to various industries including chemical, electronic and medical manufacturers. The main business segments of the company are Gas & Services. The revenue of the company is USD 24,839.79 Million. Number of employees is 65,000. The company has global presence in Americas, Europe, Asia-Pacific, Middle East & Africa.

AIR PRODUCTS AND CHEMICALS, INC.

Air Products and Chemicals, Inc. was founded in 1940 and headquartered in Pennsylvania, U.S. The company involved in offering customers of a wide range of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage by supplying product of atmospheric and process gases, equipment and services. The main business segments of the company are Industrial Gases– Americas, Industrial Gases–EMEA, Industrial Gases– Asia, Industrial Gases–Global. The revenue of the company is USD 8,930.00 Million. Number of employees is 16,300. The company has global presence in U.S./Canada, Europe/Middle East/Africa, China, Asia (excluding China), Latin America.

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OPPORTUNITIES:

MARKET GROWTH IN EMERGING NATIONS

The rapid growth of healthcare sectors across India and China is anticipated to provide significant opportunities for market players operating in the medical gas market.

In November 2018, Air Products and Chemicals, Inc. (U.S.) and Sonatrach (Africa) signed two new agreements for the gas production and delivery.

In November 2018, Praxair Technology, Inc. (U.S.) expanded its nitrogen capacity in South Korea for supporting the rising need for world-scale semiconductor complex.

TECHNOLOGICAL DEVELOPMENTS

The companies are investing in the research and development activities for the innovation and invention of new products. Thus, with this we can see that various companies are adopting or implementing several new technological developments to enhance their products.

For instance, Rotarex (Brazil, Luxembourg, United Arab Emirates) is launching their innovative products by decreasing the maintenance cycle by 50.0% using cartridge technology.

CHALLENGE:

LACK OF ADOPTION MEDICAL GAS STANDARDIZATIONS AND FLUCTUATIONS IN MEDICAL GAS STANDARDIZATION CRITERIA

Standardization has been accepted as an important element for safety of the patients by APSF (Anesthesia Patient Safety Foundation) and many others. The ISO (International Organization for Standardization) was established on February 1947 in Geneva, Switzerland initially for helping the standardization of industrial development. Later the scope of ISO was expanded to cover many other matters, even anesthesia apparatus. Therefore, people have to adopt these standards in order to avoid such dangerous situations. Thus, the lack of adoption and fluctuations in the medical gas standardization criteria can act as a challenging factor for the growth of the market.

Market Trends: Global Medical Gas Market

On the basis of product, the market is segmented into medical gases and medical gas equipment. Medical gases segment is sub-segmented into Pure Medical Gases and Medical Gas Mixtures. Pure Medical Gases segment is further segmented into type and form of delivery. The type segment is further sub-segmented into oxygen, carbon dioxide, nitrous oxide, nitrogen, helium and medical air. The form of delivery segment is further sub-segmented into high pressure cylinders, liquid cylinders and bulk delivery. Medical Gas Mixtures segment is further segmented into blood-gas mixtures, lung diffusion mixtures, carbon dioxide–oxygen mixtures, nitrous oxide–oxygen mixtures, laser-gas mixtures, aerobic gas mixtures, anaerobic gas mixtures, ethylene oxide and helium-oxygen mixtures. Medical gas equipment segment is sub-segmented into equipment accessories, oxygen concentrators, Cryogenic Products (Freezers) and gas delivery systems. The Equipment Accessories segment is further sub-segmented into hoses optical, manifolds, regulators, flowmeters, suction regulators, vacuum systems, outlets, medical air compressors, monitoring systems (Alarms & Monitors) and valves with integrated pressure regulators (VIPRS). The medical gases segment is growing at the highest CAGR and expected to reach USD 14,286.54 million in the forecast period of 2019 to 2026.

On the basis of application, the market is segmented into pharmaceutical manufacturing & research, diagnostic applications, therapeutic applications and others. Pharmaceutical Manufacturing & Research segment is sub-segmented into drug discovery, pharmaceutical manufacturing, process development and quality control. Diagnostic Applications segment is sub-segmented into medical imaging and general laboratory use. Therapeutic Applications segment is sub-segmented into respiratory diseases, cardiovascular diseases, anesthesia, cryosurgery and other therapeutic applications. In 2019, therapeutic application segment is growing at the highest CAGR in the forecast period of 2019 to 2026.

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Table of Contents:

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL MEDICAL GAS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED
2.2 GEOGRAPHIC SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 RESEARCH METHODOLOGY
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7 DBMR MARKET POSITION GRID
2.8 DBMR MARKET CHALLENGE MATRIX
2.9 MARKET APPLICATION COVERAGE GRID
2.10 DBMR VENDOR SHARE ANALYSIS
2.11 MULTIVARIATE MODELING
2.12 PRODUCT TIMELINE CURVE
2.13 SECONDARY SOURCES
2.14 ASSUMPTIONS

3 MARKET OVERVIEW

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGE

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 KEY INSIGHTS

7 GLOBAL MEDICAL GAS MARKET, BY PRODUCT

7.1 OVERVIEW
7.2 MEDICAL GASES

7.3 MEDICAL GAS EQUIPMENT

8 GLOBAL MEDICAL GAS MARKET, BY APPLICATION

8.1 OVERVIEW
8.2 THERAPEUTIC APPLICATIONS

8.3 PHARMACEUTICAL MANUFACTURING & RESEARCH
8.4 DIAGNOSTIC APPLICATIONS

8.5 OTHERS

9 GLOBAL MEDICAL GAS MARKET, BY METHOD OF SEPARATION

9.1 OVERVIEW
9.2 FRACTIONAL DISTILLATION
9.3 SEMIPERMEABLE MEMBRANE
9.4 PHYSICAL SEPARATORS
9.5 MOLECULAR SIEVE
9.6 OTHERS

10 GLOBAL MEDICAL GAS MARKET, BY END USER

10.1 OVERVIEW
10.2 HOSPITAL
10.3 PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
10.4 ACADEMIC AND RESEARCH INSTITUTIONS
10.5 HOME HEALTHCARE
10.6 EMERGENCY SERVICE PROVIDERS
10.7 OTHERS

11 GLOBAL MEDICAL GAS MARKET, BY GEOGRAPHY

11.1 OVERVIEW
11.2 NORTH AMERICA

11.3 EUROPE

11.4 ASIA-PACIFIC

11.5 SOUTH AMERICA

11.6 MIDDLE EAST AND AFRICA

12 GLOBAL MEDICAL GAS MARKET, COMPANY LANDSCAPE

13 COMPANY PROFILES

13.1 THE LINDE GROUP

13.2 AIR LIQUIDE

13.3 AIR PRODUCTS AND CHEMICALS, INC.

13.4 PRAXAIR TECHNOLOGY, INC.

13.5 ATLAS COPCO AB

13.6 AIMS INDUSTRIES LTD.

13.7 ALLIED HEALTHCARE PRODUCTS INC.

13.8 AMICO GROUP OF COMPANIES

13.9 CRUMPTON WELDING SUPPLIES & EQUIPMENT

13.10 ELLENBARRIE INDUSTRIAL GASES

13.11 EMSE, INC.

13.12 GCE GROUP

13.13 MESSER GROUP

13.14 SCI ANALYTICAL

13.15 SOL SPA

13.16 ROTAREX

13.17 TAIYO NIPPON SANSO CORPORATION

13.18 THE SOUTHERN GAS LIMITED

13.19 UTTAM

13.20 ZABURITZ PEARL CO., LTD.

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