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Medical Gases Market Size is Projected to Reach US$ 20.9 Billion by 2028 at a CAGR of 7.3%

07-12-2023 11:37 AM CET | Health & Medicine

Press release from: IMARC Group

Medical Gases Market

Medical Gases Market

Industry Overview of Medical Gases Market
Medical gases are gases used in healthcare facilities for diagnostic, therapeutic, and surgical applications. These gases play a vital role in providing essential support to patients and healthcare professionals. Commonly used medical gases include oxygen, nitrous oxide, carbon dioxide, nitrogen, helium, and medical air. Each gas serves a specific purpose, such as oxygen being used to support respiratory function, nitrous oxide as an analgesic and anesthetic agent, and carbon dioxide for insufflation during laparoscopic surgery. Medical gases are produced, stored, and administered in compliance with strict regulatory standards to ensure their purity, quality, and safe usage in medical settings. They are typically delivered through specialized gas supply systems, such as cylinders or pipeline networks, and are integral to delivering quality healthcare services.

How Big Is the Medical Gases Market?
The global medical gases market size reached US$ 13.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

Read Full Report: https://www.imarcgroup.com/medical-gases-market

Global Industry Trends and Drivers:
The medical gases market is influenced by several industry trends and drivers. One significant trend is the increasing prevalence of chronic respiratory diseases and the growing aging population. Conditions such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory distress syndrome require medical gases like oxygen for respiratory support. As the global population ages and respiratory diseases become more prevalent, the demand for medical gases is expected to rise. Another driver is the growing number of surgical procedures and advancements in medical technology. Medical gases play a critical role in anesthesia and surgical procedures, providing analgesia and maintaining patient safety during surgery. With the continuous development of minimally invasive surgeries and the expansion of healthcare infrastructure, the demand for medical gases is increasing. Moreover, the focus on patient safety and the need for stringent regulations are driving the market. Medical gases must meet strict quality standards to ensure patient well-being. Regulatory bodies and healthcare organizations are implementing guidelines and standards to maintain the purity, handling, and storage of medical gases, driving the market for compliant products and services.

Request a free sample of report: https://www.imarcgroup.com/medical-gases-market/requestsample

What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Gas Type:
• Pure Gases
• Medical Air
• Medical Oxygen
• Nitrous Oxide
• Nitrogen
• Carbon Dioxide
• Helium
• Gas Mixtures
• Aerobic Gas Mixtures
• Anaerobic Gas Mixtures
• Blood Gas Mixtures
• Lung Diffusion Mixtures
• Medical Laser Mixtures
• Medical Drug Gas Mixtures
• Others

Breakup by Application:
• Therapeutic
• Diagnostic
• Biotechnology and Pharmaceutical Industry
• Others

Breakup by End User:
• Hospitals
• Home Healthcare
• Academic and Research Institutions

Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:
Air Products and Chemicals Inc., Airgas Inc. (Air Liquide S.A.), Ellenbarrie Industrial Gases Ltd, Linde plc, Matheson Tri-Gas Inc. (Mitsubishi Chemical Holdings Corporation), Messer Group GmbH, SCI Analytical Laboratories Inc, Sharjah Oxygen Company and SOL Spa.

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=5874&flag=C

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Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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