Medical Gas & Equipment Market worth $36.28 billion by 2030, growing at a CAGR of 8.26% - Exclusive Report by 360iResearch

The "Medical Gas & Equipment Market by Product (Medical Gas Equipments, Medical Gas Mixtures, Medical Pure Gas), Form of Delivery (Bulk Delivery, High-Pressure Cylinders, Liquid Tanks), Application, End Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Medical Gas & Equipment Market to grow from USD 20.81 billion in 2023 to USD 36.28 billion by 2030, at a CAGR of 8.26%.

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Medical gas & equipment comprise a vital part of the healthcare infrastructure, facilitating diagnostic, therapeutic, and life-support functions in various settings. These gases, including oxygen, nitrous oxide, medical air, and several others, are used in operating rooms, emergency departments, patient rooms, and, at times, residential settings. The equipment associated with medical gases includes delivery systems such as cylinders, concentrators, regulators, and pipeline components that ensure safe and efficient transport to the point of use. An aging global population prone to chronic illnesses increases the need for medical gases for long-term care. In addition, rising investments in healthcare infrastructure, particularly in emerging economies, augment the deployment of medical gases and equipment. However, the high medical gas & equipment costs and complex regulatory requirements significantly constrain medical equipment adoption. Nevertheless, the ongoing investments in medical gas plants and the development of portable and lightweight gas equipment are expected to create growth opportunities for the medical gas & equipment market in the coming years.

Asia-Pacific showcases substantial growth potential for the medical gas & equipment market, fueled by increasing healthcare expenditure, a growing population with healthcare awareness, and an escalating number of hospitals and healthcare facilities. An aging population and government initiatives toward healthcare reform have increased investments in medical gas production facilities across Asia-Pacific. The Americas region represents a developing market with a high need for medical gases and equipment due to well-established healthcare systems and regulatory frameworks ensuring product quality and technological adoption rates. Recent investments in the healthcare infrastructure, coupled with an increasing number of surgical procedures, have bolstered the usage of medical gas & equipment in the Americas. The Europe, Middle East, and Africa (EMEA) region presents a diverse medical gas & equipment market landscape. Many EU countries feature mature markets with growth driven by innovations, high healthcare standards, and well-established regulatory frameworks. The Middle East is witnessing rapid healthcare infrastructure development and medical tourism growth. Africa's medical gas & equipment market is emerging, with growing investments in healthcare systems and an increasing focus on building local manufacturing capabilities for medical gases and equipment.

Market Segmentation & Coverage:

This research report categorizes the Medical Gas & Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Medical Gas Equipments, Medical Gas Mixtures, and Medical Pure Gas. The Medical Gas Equipments is further studied across Alarm system, Cylinders, Flowmeters, Hose Assemblies & Valves, Manifolds, Medical Air Compressors, Outlets, Regulators, and Vacuum System. The Medical Gas Mixtures is further studied across Aerobic Mixtures, Anaerobic Mixtures, Blood Gas Mixtures, Carbon dioxide-oxygen Mixtures, Ethylene Oxide, Helium Oxygen Mixtures, Lung Diffusion Mixtures, and Nitrous oxide-oxygen Mixtures. The Medical Pure Gas is further studied across Carbon Dioxide, Helium, Medical Air, Nitrogen, Nitrous Oxide, and Oxygen. The Medical Pure Gas commanded largest market share of 38.01% in 2023, followed by Medical Gas Mixtures.

Based on Form of Delivery, market is studied across Bulk Delivery, High-Pressure Cylinders, and Liquid Tanks. The High-Pressure Cylinders commanded largest market share of 35.21% in 2023, followed by Liquid Tanks.

Based on Application, market is studied across Diagnostic, Pharmaceutical Manufacturing, and Therapeutic. The Diagnostic is further studied across General Laboratory Applications and Medical Imaging. The Therapeutic is further studied across Anesthesia, Cardiovascular, Cryosurgery, and Respiratory. The Therapeutic commanded largest market share of 57.99% in 2023, followed by Pharmaceutical Manufacturing.

Based on End Use, market is studied across Academic Research Institutes, Biopharmaceutical Companies, Emergency Services, Home Care Settings, and Hospitals. The Hospitals commanded largest market share of 51.82% in 2023, followed by Biopharmaceutical Companies.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 34.81% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Medical Gas & Equipment Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Medical Gas & Equipment Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Medical Gas & Equipment Market, highlighting leading vendors and their innovative profiles. These include Allied Healthcare Products, Inc. by Flexicare (Group) Limited, Amcaremed Technology Co., Limited, Amico Group of Companies, ARAS Group of Companies, Atlas Copco Group, Avante Health Solutions, Digiline Systems Private Limited, Ellenbarrie Industrial Gases Ltd, GCE Group AB, GE Healthcare, Genstar Technologies Co, Inc., Greggersen Gasetechnik GmbH, Honeywell International Inc., ILMO Products Company, Koninklijke Philips N.V., Linde PLC, MagGas Medical Inc., MEC Medical Ltd., Nippon Sanso Holdings Corporation, Ohio Medical LLC, Pattons Medical, Rotarex S.A., Schönn Medizintechnik GmbH, Silbermann Medical Gas Systems, SOL Group, and Yueyang kameter electronic special rare gas co., LTD..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Medical Gas & Equipment Market, by Product
7. Medical Gas & Equipment Market, by Form of Delivery
8. Medical Gas & Equipment Market, by Application
9. Medical Gas & Equipment Market, by End Use
10. Americas Medical Gas & Equipment Market
11. Asia-Pacific Medical Gas & Equipment Market
12. Europe, Middle East & Africa Medical Gas & Equipment Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Medical Gas & Equipment Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Medical Gas & Equipment Market?
3. What is the competitive strategic window for opportunities in the Medical Gas & Equipment Market?
4. What are the technology trends and regulatory frameworks in the Medical Gas & Equipment Market?
5. What is the market share of the leading vendors in the Medical Gas & Equipment Market?
6. What modes and strategic moves are considered suitable for entering the Medical Gas & Equipment Market?

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