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Medical Gas Equipment Market is expected to exhibit CAGR of 7.10% to hit a worth of USD 40.60 Billion by year 2032 end | PMR

04-19-2024 01:50 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Medical Gas Equipment Market

Medical Gas Equipment Market

๐€๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ข๐จ๐ง๐ฌ, ๐ญ๐ก๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐†๐š๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐จ๐Ÿ ๐”๐’๐ƒ ๐Ÿ๐Ÿ.๐Ÿ—๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. ๐๐ฒ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ•.๐Ÿ๐ŸŽ% ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐, ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ญ๐จ๐ฉ ๐”๐’๐ƒ ๐Ÿ’๐ŸŽ.๐Ÿ”๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

The market growth is primarily fueled by a significant rise in surgical procedures and hospital admissions, along with the growing elderly population worldwide. Consequently, there is increased demand for equipment that enables effective and safe administration of gases to patients. Besides, the rising incidence of respiratory disorders and increasing utilization of Point-of-Care diagnostics facilitate the market expansion.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/medical-gas-equipment-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Medical gases refer to gases used in medical procedures.
Depending on the gas type, medical gases may be used for anesthesia, treatment, or driving medical devices and tools. There are a wide variety of gases used in the field of medicine, with the most common ones being nitrogen, oxygen, argon, carbon dioxide, helium, and compressed air. Medical gas equipment refers to systems used to supply specialized gases and mixtures to different parts of the healthcare unit. When connected to critical areas like intensive care units, operating theatres, or recovery rooms, the equipment systems generally need to be monitored by alarm systems. Medical gas equipment finds end uses in a wide range of healthcare settings, including Diagnostic and research laboratories, home healthcare, academic and research institutions, hospitals, and ambulatory surgical centers.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

โ€ข Air Liquide S.A.
โ€ข Airgas Inc.
โ€ข Allied Healthcare Products Inc.
โ€ข Amico Corp
โ€ข Atlas Copco Group
โ€ข Colfax Corporation (GCE group AB)
โ€ข Gentec Corp.
โ€ข Linde plc
โ€ข Taiyo Nippon Sanso Corporation

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/2969/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข The medical gas equipment market segmentation is primarily based on product, end use, and region.
โ€ข By product analysis, the vacuum systems/pumps segment held the largest revenue share owing to factors like increased utilization and elevated pricing.
โ€ข By end-use analysis, the hospitals segment accounted for the highest market share as medical gas equipment are vital in various medical procedures.

๐—•๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ :
โ€ข Regulators
โ€ข Alarm Systems
โ€ข Medical Air Compressors
โ€ข Cylinders and Accessories
โ€ข Hose Assemblies and Valves

๐—•๐˜† ๐—˜๐—ป๐—ฑ ๐—จ๐˜€๐—ฒ :
โ€ข Diagnostic and Research Laboratories
โ€ข Home Healthcare
โ€ข Academic and Research Institutions
โ€ข Hospitals
โ€ข Ambulatory Surgical Centers

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/medical-gas-equipment-market

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐†๐š๐ฌ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The Hospitals segment held the largest market share throughout the forecast period. Medical gas equipment plays a pivotal role in diverse medical procedures, with a primary focus on ensuring patient safety and overall well-being. This category includes gas cylinders, pressure regulators, flow meters, and other devices engineered to control gas flow and pressure. The demand for medical gases is intricately connected to the surge in hospital activities. For instance, a rise in surgical procedures correlates with increased consumption of gases such as nitrous oxide, carbon dioxide, oxygen, and medical air. Similarly, an uptick in outpatient treatments leads to heightened oxygen consumption.

โ€ข The Vacuum Systems/Pumps segment held the largest revenue share in 2022, Market growth can be attributed to factors such as increased utilization and elevated pricing. With the growing complexity and diversity of medical procedures, the incorporation of vacuum systems and pumps has become indispensable for the safe and efficient administration of medical gases. Furthermore, advanced equipment can deliver precise and dependable suction power, a crucial aspect in surgical procedures where fluid and gas suction is of paramount importance for patient safety.

โ€ข During 2022, North America's dominance in the market stemmed from its highly developed healthcare system, a substantial prevalence of minimally invasive procedures, and the enforcement of regulatory initiatives, notably the U.S. Food and Drug Administration Safety and Innovation Act. The COVID-19 pandemic led to a notable upsurge in the requirement for critical respiratory support devices like oxygen concentrators and ventilators in the region, emphasizing the increased significance of medical gas equipment in ensuring patient care.

๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐—ฃ๐—ฎ๐˜๐—ถ๐—ฒ๐—ป๐˜ ๐—›๐—ฎ๐—ป๐—ฑ๐—น๐—ถ๐—ป๐—ด ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/patient-handling-equipment-market
๐—š๐—ฒ๐—ป๐—ฒ๐˜๐—ถ๐—ฐ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/genetic-analysis-market
๐— ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฆ๐—ฝ๐—ฎ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/medical-spa-market
๐—ฃ๐—ฎ๐˜๐—ถ๐—ฒ๐—ป๐˜ ๐— ๐—ผ๐—ป๐—ถ๐˜๐—ผ๐—ฟ๐—ถ๐—ป๐—ด ๐——๐—ฒ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/patient-monitoring-devices-market
๐—›๐—ถ๐—ด๐—ต-๐—ฝ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—Ÿ๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ ๐—–๐—ต๐—ฟ๐—ผ๐—บ๐—ฎ๐˜๐—ผ๐—ด๐—ฟ๐—ฎ๐—ฝ๐—ต๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/high-performance-liquid-chromatography-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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