Medical Gases Market to Reach USD 19.96 Billion by 2021 Driven by (Respiratory Diseases, Anesthesia, Medical Imaging) Application

In 2015, medical gases segment accounted for largest share of the medical gases and equipment market. Large share of this segment is majorly attributed to high use of medical gases market for various respiratory and cardiovascular diseases in hospitals and home healthcare setups. On basis of end user, home healthcare segment is expected to grow at highest CAGR, owing to rising preference of patients to treat themselves at home.

Complete report on Medical Gases Market spread across 332 pages, profiling 10 companies and supported with 334 tables and 46 figures is now available at .

In 2015, North America accounted for largest share of global medical gases market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to be fastest-growing region during forecast period, owing to increasing healthcare awareness, growth in aging population, rising healthcare expenditures, and growth in per capita income.

This research study is useful for following audience

  • Medical Gases Manufacturers
  • Medical Gases Equipment Manufacturing Companies
  • Medical Gases and Equipment Distributors
  • Healthcare Institutions (Hospitals, Laboratories, Medical Schools, and Outpatient Clinics)
  • Pharmaceutical and Biotechnology Companies
  • Research Institutes and Academic Centers
  • Contract Research Organizations (CROs)
  • Government Associations
  • Home Healthcare Services Providers
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors

The global medical gases market is poised to reach USD 19.96 billion by 2021 from USD 13.58 billion in 2016, at a CAGR of 8.0% during the forecast period. The market is primarily driven by the implementation of the U.S. Food and Drug Administration (FDA) Safety and Innovation act, increasing prevalence of respiratory diseases, growing home healthcare market, rising aging population, rapid urbanization, and high prevalence of tobacco smoking.

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In this report, medical gases market is segmented on basis of product, application, end user, and region. On basis of product, market is segmented into pure gases, medical gas mixtures, and medical gas equipment. Pure gases segment is further categorized on basis of type and form of delivery. Medical gas equipment segment is categorized into equipment accessories, oxygen concentrators, gas delivery systems, and cryogenic products (freezers). Medical gases market, by application, is segmented into therapeutic, diagnostic, pharmaceutical manufacturing and research, and other applications.

Some key players in this market include Air Products and Chemicals, Inc. (U.S.), The Linde Group (Germany), Praxair, Inc. (U.S.), Taiyo Nippon Sanso Corp. (Japan), Air Liquide (France), SOL-SpA (Italy), Airgas, Inc. (U.S.), Atlas Copco (Sweden), Messer Group (Germany), and GCE Holding AB (Sweden).

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios offered by top players in the medical gases and equipment market. The report analyzes the medical gases and equipment market by product, application, end user, and region.

Product Development/Innovation: Detailed insights on upcoming trends, research and development activities, and new product launches in the medical gases market

Market Development: Comprehensive information about lucrative emerging markets by product and region

Market Diversification: Exhaustive information about new products, growing geographies, recent developments, and investments in the medical gases and equipment market

Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of the leading players in the medical gases market

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