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Huge Growth on Medical Nitrous Oxide Delivery Systems Market with COVID-19 Impact Analysis, Top Companies Praxair Technology, Inc, Matheson Tri–Gas, Inc, Air Liquide S.A, SOL SpA, Merck KGaA

10-20-2020 08:30 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Coherent Market Insights

Medical Nitrous Oxide Delivery Systems Market

Medical Nitrous Oxide Delivery Systems Market

Latest released the research study on Global Medical Nitrous Oxide Delivery Systems Market, offers a detailed overview of the factors influencing the global business scope. Medical Nitrous Oxide Delivery Systems Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Medical Nitrous Oxide Delivery Systems. The study covers emerging player’s data, including: Praxair Technology, Inc, Matheson Tri–Gas, Inc, Air Liquide S.A, SOL SpA, Merck KGaA, Taiyo Nippon Sanso Corporation, Promas Engineers Pvt. Ltd, S.S. Gas Lab Asia Pvt. Ltd, Linde plc, Oxygen & Argon Works Ltd, and Bellerophon Therapeutics.

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The latest report consists of the following parts:

Market Definition

In the first part of the Medical Nitrous Oxide Delivery Systems market report, market definition and its scope is defined. In this part, the research analysts have included the target audience for the Medical Nitrous Oxide Delivery Systems market.

Research Methodologies

Coherent Market Insights follows a comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model

DROC

The third part includes qualitative information about the Medical Nitrous Oxide Delivery Systems market. This information is mainly about Medical Nitrous Oxide Delivery Systems market drivers, restraints, opportunities, and challenges.

Observation/ Conclusions

The last part deals with market conclusions. The conclusions mainly include the observations and comments from the research analysts and the market experts.

Challenges

Absence of Interoperability with the Existing Information Systems. Lack of Medical Nitrous Oxide Delivery Systems Expertise for Proactive Strategic Planning

The Global Medical Nitrous Oxide Delivery Systems Market segments and Market Data Break Down are illuminated below:

Nitrous oxide (also called laughing gas) is a colourless gas or a liquefied compressed gas. Taking nitrous oxide delivery systems can cause feelings of euphoria, relaxation and calmness, fits of giggles and laughter – hence the nickname 'laughing gas'. It has a slightly sweetish taste and a pleasant odour. It is slightly soluble in water and found naturally in the air as part of the earth's normal nitrogen cycle. Nitrous oxide is widely used in medical and non-medical applications. In the medical industry, it is widely used in surgery and dentistry procedures as an analgesic and anesthetic. According to the American Dental Association, nitrous oxide delivery systems is a safe and effective sedative agent when used with oxygen in dentistry procedures. It does not intend to make induce sleep, therefore patients can hear and see during the dentistry procedures. In the non-medical industry, nitrous oxide delivery systems is used as a propellant to make whipped cream sold at supermarket at around US$ 10 for a box of ten canisters, and is used as an engine lubricant in the automotive industry.

Global Medical Nitrous Oxide Delivery Systems Market – Drivers

Wide application of nitrous oxide delivery systems in medical and non-medical industry is expected to drive growth of the global medical nitrous oxide delivery systems market. Nitrous oxide is a prominent gas in medicinal industry due to its use in surgery and dentistry procedures as anaesthesia and analgesic agent. Nitrous oxide with its prominent applications in medical field has increased investment by various companies dealing with medicinal gases, which is boosting the growth of the global medical nitrous oxide delivery systems market. For instance, according to Gas World, in 2013 the new SEDARA gas mixer system from Linde Therapeutic Solutions is a fixed-concentration of nitrous oxide delivery systems/oxygen (N2O/O2) therapy innovation in over 20 years. Use of nitrous oxide delivery systems gases in non-medical industries has also been facilitating growth of the medical nitrous oxide delivery systems market.

Global Medical Nitrous Oxide Delivery Systems Market– Impact of COVID–19 Analysis

Governments and healthcare experts across the globe are focused on developing a durable vaccine against COVID–19. The clinical outcome of inhaled nitric oxide gas and BCG immunotherapy has proved effective and may be a potential treatment against coronavirus. Several device companies have recently received the FDA’s permission to use nitric oxide in emergency situations for treating COVID–19. During the SARS outbreak in 2003, inhalation of nitric oxide improved lung oxygenation. In addition to improving lung function, nitric oxide also showed anti-viral activity. Thus pulmonary vasodilator effect and a direct antiviral effect of nitrous oxide delivery systems towards COVID–19 infected patients may prove effective.

Global Medical Nitrous Oxide Delivery Systems Market – Restraints

The major factor restraining the growth of the medical nitrous oxide delivery systems market is stringent rules and regulation over the possession, transport and use of nitrous oxide delivery systems. Centre for Drug Evaluation and Research and the U.S. Food and Drug Administration regulate the use of medical gases and their associated equipment and the guidelines regulated by them specify the use and administration of nitrous oxide delivery systems.

Health workers who are exposed to nitrous oxide delivery systems for a long period of time can suffer from skin allergy. According to the United States Environmental Protection Agency, in 2018, nitrous oxide delivery systems (N2O) accounted for about 6.5% of all U.S. greenhouse gas emissions from human activities such as agriculture, fuel combustion, wastewater management, and industrial processes (medical and non-medical) which increasing the amount of N2O in the atmosphere. These factors are expected to restrain the global medical nitrous oxide delivery systems market growth during the forecast period.

Global Medical Nitrous Oxide Delivery Systems Market – Regional Analysis

On the basis of region, the global medical nitrous oxide delivery systems market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to dominate global medical nitrous oxide delivery systems market during forecast period owing to investments in research and development. For instance, the U.S. National Library of Medicine in 2016 stated that the New York City Health and Hospitals Corporation completed clinical trial on high-concentration continuous flow nitrous oxide delivery systems use for procedure-induced pain or anxiety during dentistry and surgery procedures. Key players in the region are Praxair Technology, Inc. and Matheson Tri-Gas, Inc.

Moreover, the growing prevalence of heart disease, pulmonary disease, diabetes in Europe is expected to favor growth of the market during forecast period. Advancements in research and development are also driving the growth of the market in Europe. For instance, according to the EU Clinical Trial Register, in 2016, Air Liquide Santé International initiated the study of equimolar mixture of oxygen and nitrous oxide delivery systems (EMONO) for the treatment of peripheral neuropathic pain, a randomised, international, multicentre, placebo–controlled, phenotype–stratified and completed its phase IIa. Key players in the region are Air Liquide S.A, SOL SpA, and Merck KGaA.

Furthermore, Asia pacific is expected to witness significant growth in the medical nitrous oxide delivery systems market due to wide applications of nitrous oxide delivery systems in medical and non-medical industries. Asia Pacific is home to industries in various sectors such as electronics, pharmaceutical. In 2015, The Messer Group GmbH, a supplier of industrial gases, commissioned its new US$ 37.41 million, specialty gas plant in Suzhou, eastern China.

Key players in region are Taiyo Nippon Sanso Corporation, Promas Engineers Pvt. Ltd, and S.S. Gas Lab Asia Pvt. Ltd.

Global Medical Nitrous Oxide Delivery Systems Market– Competitive Landscape

Key players operating in global medical nitrous oxide delivery systems market are Praxair Technology, Inc, Matheson Tri–Gas, Inc, Air Liquide S.A, SOL SpA, Merck KGaA, Taiyo Nippon Sanso Corporation, Promas Engineers Pvt. Ltd, S.S. Gas Lab Asia Pvt. Ltd, Linde plc, Oxygen & Argon Works Ltd, and Bellerophon Therapeutics.

Key Developments–

In March 2020, U.S. Food Drug Administration (FDA) granted emergency expanded access to ‘Bellerophon Therapeutics’ inhaled nitric oxide delivery system for treating the novel coronavirus.
In January 2020, Shanghai Showa Electronics Materials’ new facility which is to be built adjacent to its current factory, will produce high purity nitrous oxide delivery systems and high purity octafluorocyclobutane gases. The factor is expected to start operations in the second half of 2021.
In 2018, African Oxygen Limited (Afrox) signed a new state healthcare contract from October 2017 to September 2022 , the healthcare contract includes providing the supply of a range of medical and other gases including oxygen, nitrogen, nitrous oxide delivery systems, carbon dioxide, hydrogen, helium, argon, gas mixtures and refrigeration gases, besides others across South Africa. Moreover, contract also specified that, Afrox will supply range of medicinal and other gases to more than 400 hospitals and 1600 clinics across South Africa.
In 2017, Linde EOX Sdn Bhd, a subsidiary of Linde Malaysia Sdn Bhd and a member of The Linde Group, collaborated with Jabatan Kesihatan Negeri Sarawak (JKNS) to provide medical gases and upgrades related to facilities to all public hospitals in the state of Sarawak, Malaysia.
Global Medical Nitrous Oxide Delivery Systems Market– Taxonomy–

By Product Type–

Gas Canisters
Tanks
Cylinders
Bottles
Accessories
Others
By Application–

Obstetric Use
Dental Use
Emergency Use
Anaesthetic Use
Recreational Use

….

….

Analyst at CMI have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Medical Nitrous Oxide Delivery Systems Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Medical Nitrous Oxide Delivery Systems Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Medical Nitrous Oxide Delivery Systems market

Chapter 2: Exclusive Summary – the basic information of the Medical Nitrous Oxide Delivery Systems Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Medical Nitrous Oxide Delivery Systems

Chapter 4: Presenting the Medical Nitrous Oxide Delivery Systems Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2016-2020

Chapter 6: Evaluating the leading manufacturers of the Medical Nitrous Oxide Delivery Systems market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2027).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Medical Nitrous Oxide Delivery Systems Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Medical Nitrous Oxide Delivery Systems Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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What benefits does CMI research study is going to provide?

Latest industry influencing trends and development scenario
Open up New Markets
To Seize powerful market opportunities
Key decision in planning and to further expand market share
Identify Key Business Segments, Market proposition & Gap Analysis
Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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