Medical Gas Market 2019: Analysis 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, Messer Group, Others
Medical Gas Global Market report provides rigorous expertise in market definition, classification, programs, commitments, and market features as well as CAGR figures for the 2019-2026 forecast years. Medical Gas Market Report also provides the latest developments and contracts awarded across different regions in the Medical Gas industry. In this market report on the Medical Gas Market, where major regions such as Europe, North America, Asia Pacific and South America are addressed, the market share of key competitors is studied worldwide. Using the SWOT analysis, market drivers and constraints are detected. Medical Gas Market Report focuses on market share dominated by Pharmaceutical Industry's leading players, types and applications. The report also shares the type of data including capacity, output, market share, price, income, cost, gross, gross margin, growth rate, consumption, import, export, etc. This report also analyzes the industry chain, manufacturing process, cost structure, marketing channel.Global Medical Gas Market By Product (Medical Gases, Medical Gas Equipment),Application (Pharmaceutical Manufacturing & Research, Diagnostic Applications, Therapeutic Applications, Others), Method Of Separation (Physical Separators, Fractional Distillation, Molecular Sieve, Semipermeable Membrane, Others), End User (Hospitals, Home Healthcare, Pharmaceutical And Biotechnology Companies, Academic And Research Institutions, Emergency Service Providers, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global medical gas market is expected to reach a healthy CAGR of 7.2% in the forecast period of 2019 to 2026.
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Competitive Analysis: Global Medical Gas Market
Some of the major players operating in this market are
• Air Products and Chemicals, Inc. (U.S.),
• Taiyo Nippon Sanso Corporation (Japan),
• The Linde Group (Dublin),
• SOL-SpA (Italy),
• Praxair Technology, Inc. (U.S.),
• Air Liquide (France),
• Atlas Copco (Sweden),
• GCE Holding AB (Sweden),
• Messer Group (Germany),
• The Southern Gas Limited (India),
• Aims Industries Ltd. (India),
• Amico Group (U.S.),
• GCE Group (Sweden),
• Crumpton Welding Supplies & Equipment (U.S.),
• Zaburitz Pearl Co., Ltd. (Myanmar),
• Ellenbarrie Industrial Gases (India),
• Uttam (Pakistan),
• SCI Analytical (U.S.),
• Rotarex (Brazil, Luxembourg, United Arab Emirates),
• Allied Healthcare Products Inc. (U.S.) and many others.
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.
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Market Segmentation: Global Medical Gas Market
The medical gas market is segmented into four notable segments such as Product, Application, Method of Separation, End User and Geography.
• 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.
• On the basis of application, the market is segmented into pharmaceutical manufacturing & research, diagnostic applications, therapeutic applications and others.
• On the basis of method of separation, the market is segmented into physical separators, fractional distillation, molecular sieve, semipermeable membrane and others.
• On the basis of end user, the market is segmented into hospitals, home healthcare, pharmaceutical and biotechnology companies, academic and research institutions, emergency service providers and others.
Table of Contents:
1 INTRODUCTION
2 MARKET SEGMENTATION
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
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
10 GLOBAL MEDICAL GAS MARKET, BY END USER
11 GLOBAL MEDICAL GAS MARKET, BY GEOGRAPHY
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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