Hi, what are you looking for?
The latest research study “Medical Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the Global Medical Gases Market size reached US$ 12.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19.67 Billion by 2027 exhibiting a CAGR of 7.60% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Medical gases are used in medical procedures to administer a patient in therapy, anesthesia, or diagnosis. They play a vital role in the functioning of hospitals and other healthcare facilities, such as operating rooms, pre-communicators, obstetrics and gynecology wards, recovery rooms, debridement rooms, general wards, and intensive care unit (ICU) wards. These gases include nitrogen, oxygen, argon, nitrous oxide, carbon dioxide (C02), and compressed air, used in various medical procedures for treatment, driving medical devices and tools, and anesthesia. They are free from particles, oils, contamination, and odor and are supplied in dry form either in cylinders or from their central supply source with the help of a piping network. In recent years, medical gases have gained momentum due to the increasing number of individuals diagnosed with diseases such as malaria, pneumonia, and others.
Download free sample brochure: https://www.imarcgroup.com/medical-gases-market/requestsample
One of the primary factors driving the market is the medical emergency for oxygen gas on account of the rapid spread of coronavirus disease (COVID-19). Medical gas is a safe and efficient treatment for patients suffering from breathing difficulties.
Additionally, the increasing focus of governments of various nations to import and manufacture medical oxygen in order to ensure its uninterrupted supply to COVID centers is creating a positive market outlook. Other than this, medical gases are utilized to treat some specific medical conditions, including malaria, meningitis, pneumonia, and sepsis.
Besides this, the rising incidences of cancer and the growing need for surgical interventions are also escalating the demand for liquid nitrogen as a cryogen to freeze and preserve tissue, blood, and various other biological specimens and demolish diseased tissue in cryosurgery and dermatology. Moreover, the launch of premium medical-grade gases and gas mixtures is propelling the market growth.
Click here to view detailed information with table of content: https://www.imarcgroup.com/medical-gases-market
Medical Gases Market Report Scope
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Gas Type, Application and End User
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
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.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
The report has been segmented the market into following categories:
o Medical Drug Gas Mixtures
List of Major Key Players:
The major players in the market are 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.
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.
30 N Gould St Ste R
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Buses of Russian tourists stream into Finland at Nuijamaa border crossing in the country's southeast.
Russia's announcement this week that it will leave the ISS "after 2024" raises critical questions about the outpost's future viability.
A Norwegian woman remains on course to climb the world's 14 "super peaks" in the shortest time ever.
The death toll from severe flooding in Kentucky hit 16 on Friday and is expected to double, the US state's governor said.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.