Global Medical Gases Market Analysis, Opportunities, Segmentation and Forecasts 2015-2021 - Market is Expected to Grow at a CAGR of $16 Billion

13 Jan, 2016, 13:12 ET from Research and Markets

DUBLIN, Jan. 13, 2016 /PRNewswire/ -- 

Research and Markets (http://www.researchandmarkets.com/research/pbv4gp/global_medical) has announced the addition of the "Global Medical Gases Market by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles, Share, Trends, Analysis, Opportunities, Segmentation and Forecast 2015 - 2021" report to their offering.

Medical gases include gases used during surgical procedures, medical procedures, sterility purposes and other uses such as coolant. The market has a healthy CAGR and is expected to grow over $16 billion by 2021.

The market is driven by various factors such as rise in the number of surgical procedures, number of hospitals, point of care health services and other macroeconomic factor such as health expenditure and disposable income. Ageing population and high purchasing power of the elderly population are also some of the major opportunities in the way.

The market is highly competitive and fragmented. The number of medical gas suppliers and equipment manufacturers is very high. This shows that the market is open and market barriers are low for new player to enter. However, there are few challenges and restraints too. The government policies are very stringent for the quality and standards and standards of the gas. The price fluctuations and shortage of helium in the market are also major obstruction.

The market is segmented on the basis of type of gases which includes pure and mixture gases. The gases include medical air, Carbon dioxide, oxygen, helium, Nitrous oxide and their mixtures. Oxygen has the highest market share amongst all gases due to high demand in hospitals and clinics. The other segment is by equipment which includes hoses, manifolds, flow meters, regulators and others. Market is also segmented on the basis of users which includes home healthcare, hospitals and clinics, institutes, industry and others. Hospitals have the highest market share amongst end users.

The highly fragmented market consists of some top players such as are Air Products and Chemicals Inc., Linde group, Air Liquide, Praxair Inc, Taiyo Nippon Sanso Corp., Messer Group, Airgas Inc., Atlas Copco.

Key Topics Covered:

1. Introduction

2. Market overview

3. Market determinants

4. Sector Analysis

5. Market Segmentation

6. Competitive Landscape

7. Geographical analysis

8. Company Profiles

- Air Liquide

- Air products and Chemicals Inc

- Airgas Inc

- Atlas Copco AG

- Beacon Medaes

- HAC Technical Gases Inc

- KH Medical

- Linde group

- Matheson Tri-Gas

- Medikar

- Messer Group GmBH

- Praxair, Inc

- Sol-spa

- Taiyo Nippon Sanso

For more information visit

http://www.researchandmarkets.com/research/pbv4gp/global_medical

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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