According to the latest report by IMARC Group, titled “Medical Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global medical gases market Share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
What are the growth prospects of the Medical Gases Industry?
The global medical gases market size reached US$ 13.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 20.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.
What is a Medical Gases?
Medical gases are essential for the functioning of hospitals and healthcare facilities, such as recovery rooms, debridement rooms, obstetrics and gynecology wards, operating rooms, pre-communicators, intensive care unit (ICU) wards, and general wards. Some of the most commonly used medical gases include compressed air, oxygen, nitrogen, nitrous oxide, argon, helium, and carbon dioxide (CO2). They are widely used in numerous medical procedures for treatment, anesthesia, and driving medical devices and tools. They are supplied in the dry form either from their central supply source through a piping network or in cylinders. As they are also free from contamination, oils, particles, or odors, medical gases find extensive applications in the healthcare industry across the globe.
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What are the key factors driving the global medical gases market?
The global medical gases market is primarily driven by rising demand for oxygen gas for treating patients experiencing breathing difficulties, especially amid the coronavirus disease (COVID-19) outbreak. Moreover, there is a surge in the use of medical gases, such as oxygen, to treat specific health disorders, including sepsis, pneumonia, malaria, and meningitis. Along with this, the rising number of individuals suffering from such conditions is positively influencing market growth.
Additionally, medical oxygen is commonly administered to children and mothers to help them breathe when their lives are at risk during medical treatment. In line with this, the rising prevalence of cancer and the growing need for surgical procedures have augmented the demand for liquid nitrogen as a cryogen to freeze and preserve biological specimens, including blood and tissue, and remove diseased tissue during dermatology and cryosurgery. Other factors, including the rising prevalence of chronic diseases, expanding geriatric population, and favorable government initiatives, are also anticipated to drive market growth.
Who are the key players/companies in the global medical gases market?
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.
Report 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
- Other
Breakup by Application:
- Therapeutic
- Diagnostic
- Biotechnology and Pharmaceutical Industry
- Others
Breakup by End User:
- Hospitals
- Home Healthcare
- Academic and Research Institutions
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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The latest trending report Global Medical Gases Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Medical Gases market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global Medical Gases market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.4%% in the forecast period of 2020 to 2025 and will expected to reach USD 7144.8 million by 2025, from USD 6500.1 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/14478-medical-gases-market-analysis-reportThe major players covered in Medical Gases are:Air Liquide (acquired Airgas in 2016)NorcoAir ProductsLinde Healthcare (BOC Healthcare)SOL GroupPraxairShenzhen GaofaMesser GroupTaiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.)Air Water IncBy Type, Medical Gases market has been segmented intoMedical OxygenMedical Nitrous OxideMedical AirMedical HeliumOthersBy Application, Medical Gases has been segmented into:Hospitals (Labs & Clinics)Home HealthcareUniversities/Research InstitutionsPharmaceutical & Biotechnology IndustriesThe report offers in-depth assessment of the growth and other aspects of the Medical Gases market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Medical Gases Market @ https://www.decisiondatabases.com/contact/download-sample-14478The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Medical Gases product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Medical Gases, with price, sales, revenue and global market share of Medical Gases in 2018 and 2019.Chapter 3, the Medical Gases competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Medical Gases breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Medical Gases market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Medical Gases sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Medical Gases Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-14478Other Reports by DecisionDatabases.com:Global Urban Gas Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Electronic Gases Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global On-site Industrial Gases Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
Recently published a report entitled Medical Gases And Equipment Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad medical gases and equipment market has been sub-grouped into product and end-user.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Medical Gases And Equipment Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/medical-gases-and-equipment-market/download-sampleBy ProductMedical GasesPure Medical GasesOxygen Gas Nitrous Oxide Gas Nitrogen Gas Carbon Dioxide Gas Helium Gas Other Gases Medical Gas MixturesCarbon Dioxide and Oxygen Mixture Helium and Oxygen Mixture Nitrous Oxide and Oxygen Mixture Other Medical Gas Mixtures Biological AtmosphereMedical Gas EquipmentCompressors Cylinders Hose assemblies and valves Manifolds Masks Vacuum Systems Other Medical Gas Equipment By End-UserHospitals Ambulatory Care Other End UsersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the medical gases and equipment market include Air Liquide, Air Products And Chemicals Inc., Amico Group Of Companies, Atlas Copco, Beaconmedaes, Flogas, Matheson Tri-Gas Inc., Messer Group Gmbh, Taiyo Nippon Sanso Corporation and The Linde Group among others.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
