Medical Gases and Equipment Market To Reach Usd 5.02 Billion By Year 2032

Medical Gases and Equipment Market Size Was Valued at USD 2.53 Billion in 2023 and is Projected to Reach USD 5.02 Billion by 2032, Growing at a CAGR of 7.92% From 2024-2032.

Medical gases and equipment are crucial supplies in healthcare settings for administering, storing, and monitoring gases like oxygen, nitrous oxide, and carbon dioxide. They are essential for therapeutic applications like respiratory support, anesthesia, and imaging. Medical gas equipment includes devices like regulators, flowmeters, and cylinders, ensuring precise delivery and safety in patient care.

Read More: https://introspectivemarketresearch.com/reports/medical-gases-and-equipment-market/

Medical gases and equipment are crucial in modern healthcare, providing essential support for patients with respiratory conditions, enabling oxygenation and ventilation, and facilitating anesthesia administration during surgeries. They are versatile and adaptable to various settings, from hospitals to home care environments. They serve a wide range of applications across healthcare domains, including oxygen therapy for managing respiratory illnesses, nitrous oxide for dental procedures, carbon dioxide for laparoscopic surgeries, and diagnostic imaging techniques like MRI and CT scans.

To Request a Download PDF brochure of our Report on Medical Gases and Equipment Market:
https://introspectivemarketresearch.com/request/16811

Segmentation Analysis of The Medical Gases and Equipment Market

Medical Gases and Equipment Market Segmented on the basis of Type, Application, and End-user.

By Type, Medical Gases segment is expected to dominate the market during the forecast period

The dominance of the medical gases segment within the broader realm of medical gases and equipment is expected for several reasons.

By Application, the Therapeutic segment is expected to dominate the market during the forecast period

The therapeutic segment is poised to lead the medical gases and equipment market for several reasons. Firstly, the global rise in respiratory diseases like chronic obstructive pulmonary disease (COPD), asthma, and pneumonia necessitates the use of medical gases such as oxygen for respiratory therapy.

Segments Covered:

By Type

• Medical gases
• Medical gas equipment
• Medical Gas Mixtures

By Application

• Therapeutic
• Diagnostic
• Pharmaceutical Manufacturing & Research

By End-user

• Hospitals
• Ambulatory care facilities

The Medical Gases and Equipment Market Report Highlight: / Trend Analysis

Increasing prevalence of chronic diseases
Chronic diseases, such as COPD, asthma, cardiovascular diseases, and diabetes, are the leading causes of morbidity and mortality worldwide. These diseases require ongoing management and treatment, leading to sustained demand for medical gases and equipment to support patient care and improve outcomes. Respiratory conditions like COPD and asthma require medical gases like oxygen for supplemental therapy, while cardiovascular diseases like heart failure and ischemic heart disease may require medical gases like nitric oxide for pulmonary hypertension or inhaled medications.

Key Industry Development:

• In October 2022, Tenex Capital Management revealed the sale of Ohio Medical, LLC, a respected manufacturer of oxygen regulators and central gas systems, to ESAB Corporation, a prominent provider of fabrication and gas control technology. This acquisition is poised to expedite ESAB Corporation's global growth strategy.

• In February 2022, Gasworld introduced a fresh event tailored for the medical gases community, aiming to foster greater connectivity and equity within the healthcare sector.

Top Key Players Covered in The Medical Gases and Equipment Market:

Air Products and Chemicals, Inc. (US),Airgas, Inc. (US),Ohio Medical Corporation (US),Allied Healthcare Products, Inc. (US),CryoGas International (US),Norco, Inc. (US),Cramer Decker Medical, Inc. (US),Aerotec International Inc. (US),BeaconMedaes (US),Amico Corporation (Canada),Smiths Medical (UK),Medical Gas Solutions Ltd. (UK),BPR Medical Ltd. (UK),Air Liquide (France),SOL Group (Italy),Messer Group (Germany),Atlas Copco AB (Sweden),GCE Group (Czech Republic),Rotarex S.A. (Luxembourg),Linde plc (Ireland),Taiyo Nippon Sanso Corporation (Japan), Other Major Players.

To Inquiry Before Purchase this Medical Gases and Equipment Market Premium Report:
https://introspectivemarketresearch.com/inquiry/16811

Medical Gases and Equipment Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period

North America is poised to lead the medical gases and equipment market for several reasons. Firstly, the region benefits from advanced healthcare infrastructure and substantial healthcare spending, facilitating the widespread availability of medical gases and equipment across diverse healthcare facilities. Additionally, North America hosts numerous renowned manufacturers and suppliers of medical gases and equipment, fostering a competitive market environment and driving innovation.

Hot Melt Adhesives Market By Region:

 North America (U.S., Canada, Mexico)
 Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
 Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
 Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
 Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
 South America (Brazil, Argentina, Rest of SA)

Acquire This Report:

https://introspectivemarketresearch.com/checkout/?user=1&_sid=16811

Get in Touch with Us:

Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1 773 382 1049
Email: sales@introspectivemarketresearch.com
LinkedIn | Twitter | Facebook

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

This release was published on openPR.