Medical Gases And Equipment Market To Reach US$ 43 Billion By 2033

Expanding rapidly at a CAGR of 8%, the global medical gases and equipment market is forecasted to increase from a valuation of US$ 20 billion in 2023 to US$ 43 billion by 2033-end. The therapeutic application of medical gases and equipment is gaining traction due to high demand from healthcare facilities.

Due to the ageing population's rapid rise and recent advancements in the pharmaceutical industry, there is substantial growth potential for the market for medical gases and equipment. Medical gas purity is essential to a patient's recovery in addition to the risk of infection from the gas. As a result, special guidelines must be observed when producing medical gases.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 -
https://www.factmr.com/connectus/sample?flag=S&rep_id=5428

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐞𝐝𝐢𝐜𝐚𝐥 𝐠𝐚𝐬𝐞𝐬 𝐚𝐧𝐝 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐝𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐟𝐚𝐜𝐭𝐨𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

Rise in the number of patients preferring home healthcare is driving the demand for medical gases and equipment that are used in the treatment of chronic diseases. Moreover, the high prevalence of respiratory diseases such as COPD, asthma, and pneumonia is boosting the demand for medical gases and equipment, including oxygen therapy equipment and nebulizers.

Advancements in technology have led to the development of innovative medical gases and equipment, such as portable oxygen concentrators, which are driving the growth of the market.
Also, various government initiatives aimed at improving healthcare infrastructure, such as the development of healthcare facilities and increasing healthcare expenditure, are driving the growth of the medical gases and equipment market.
The growing preference for non-invasive ventilation over invasive ventilation is driving the demand for medical gases and equipment such as CPAP and BiPAP devices.

The increasing number of surgical procedures is driving the demand for anesthesia devices such as ventilators, which are essential for the medical gases and equipment market.

The rising healthcare expenditure across the globe is expected to boost the growth of the medical gases and equipment market, as it leads to increased investment in healthcare infrastructure and the development of new medical technologies.
Throughout the past ten years, rising demand for medical gases and varied medical gas combinations has supported the expansion of the market for medical gases and equipment. It is anticipated that the market value would increase throughout the forecast period as a result of the rise seen in the hospital sector and the growing home care settings industry.

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐆𝐚𝐬𝐞𝐬 𝐚𝐧𝐝 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

By Product :

• Medical Gases
• Pure Medical Gases
• Oxygen
• Carbon Dioxide
• Nitrous Oxide
• Helium
• Medical Gas Mixtures
• Blood Gas Mixtures
• Lung Diffusion Mixtures
• Nitrous Oxide-Oxygen Mixtures
• Carbon Dioxide-Oxygen Mixtures
• Laser-Gas Mixtures
• Aerobic Gas Mixtures
• Anoerobic Gas Mixtures
• Ethylene Oxide/Sterilant Gas Mixtures
• Helium-Oxygen Mixtures
• Medical Gas Equipment
• Gas Delivery Systems
• Cryogenic Products
• Equipment Accessories
• Vacuum Systems
• Manifolds
• Regulators
• Flowmeters
• Hoses
• Valves With Integrated Pressure Regulators
• Medical Air Compressors
• Others

By Application :

• Therapeutics
• Pharmaceutical Manufacturing & Research
• Diagnostics
• Others

By End User :

• Hospitals
• Home Care Settings
• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• Emergency Services

By Region :

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 -
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5428

𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:

Some of the current trends in the medical gases and equipment market include:

The demand for medical gases and equipment is expected to continue to rise as healthcare systems expand and aging populations require more medical care.

Rapid advancements in technology are improving the functionality and usability of medical gases and equipment, such as the development of portable oxygen concentrators and improved anesthesia delivery systems.

The trend towards home healthcare is growing, and medical gases and equipment are playing an increasingly important role in allowing patients to receive care at home.

Patient safety is a top priority for healthcare providers, and there is a growing emphasis on the development of safer medical gases and equipment, as well as the implementation of stricter safety protocols.

Also, the need for various medical gas combinations and medical gases, including as laser-gas mixtures, aerobic gas mixtures, nitrous oxide, and others, in addition to medical gas equipment, is projected to be fuelled by the growing therapeutic and diagnostic applications.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧:

The medical gases and equipment market is highly competitive and key companies have been putting emphasis on new product launches.

Praxair had launched a new line of ultra-high purity medical gases, including oxygen, nitrogen, and helium, designed for use in sensitive medical applications such as MRI and laser surgery.
Atlas Copco AB had launched its new wide range of medical gas equipment such as Medical Air Purifier - MED (+), Oil-Free Scroll Compressor, and others.
The Mediflex® has introduced medical gas regulators, flowmeters, and other equipment designed to improve patient safety and comfort in the delivery of medical gases.

The EZ-Hook® cylinder valve is a new valve design that features a unique hook-shaped handle for easy operation, even for users with limited dexterity or mobility.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

Airgas Inc., Atlas Copco, GCE Group, Messer Group GmbH, Praxair Inc., Matheson Tri-Gas, Inc., Air Liquide, Air Products and Chemicals Inc., Amico Group of Companies, BeaconMedaes, Flogas, The Linde Group.

𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐆𝐚𝐬𝐞𝐬 𝐚𝐧𝐝 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

• What will be the estimated size of the Market in 2023?
• At what rate will sales in the global Medical Gases and Equipment Market grow until 2033?
• Which are the factors hampering the Medical Gases and Equipment market?
• Which region will spearhead the growth in the global industry during 2023-2033?
• Which are the factors driving sales in the Medical Gases and Equipment Market during the forecast period?

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