Medical gas blenders market size to increase by USD 528.37 million; North America to account for 37% of market growth - Technavio

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Feb 08, 2023, 19:15 ET

NEW YORK, Feb. 8, 2023 /PRNewswire/ -- The Medical Gas Blenders Market by Product and Geography - Forecast and Analysis 2022-2026 report has been published by Technavio. Market size is forecast to grow by USD 528.37 million between 2021 and 2026 at a CAGR of 5.44%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Regional analysis

Technavio has announced its latest market research report titled Global Medical Gas Blenders Market

By region, the global medical gas blenders market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 37% of market growth during the forecast period. The rising geriatric population and the high number of surgeries performed every year will facilitate the medical gas blender market growth in North America over the forecast period. Buy the report

Company profiles

The medical gas blenders market report includes information on the key products and recent developments of leading vendors, including:

Armstrong Medical Ltd. - The company offers lunch bags that includes backpack, tote, waistpack & crossbody, duffel, drawstring, cooler and shopper.
BioMed Devices - The company offers lunch bags that includes lunchbags and bagpacks.
DEHAS Medical Systems GmbH - The company offers lunch bags that includes golf bags, Fairway C Double Strap Stand Bag and Fairway+ Double Strap Stand Bag.

Market dynamics

The market is driven by factors such as the growing number of surgeries due to the rising prevalence of chronic diseases, the increasing popularity of respiratory gas blenders, and the growing demand for medical gases for therapeutic and diagnostic applications. However, the stringent regulations is hindering the market growth.

Competitive analysis

The competitive scenario provided in the medical gas blenders market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Request a Sample

Market segmentation

By product, the market is segmented into dual flow and tube flow. The dual flow segment accounted for the largest share of the market in 2021.
By geography, the market is segmented as North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market in 2021.

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The medical device manufacturing outsourcing market is estimated to grow at a CAGR of 10.85% between 2022 and 2027. The size of the market is forecast to increase by USD 46,241.15 million. This report extensively covers market segmentation by product (EMS, raw materials, and finished goods), medical device regulatory classification (class ii, class iii, and class i), and geography (North America, Asia, Europe, and Rest of World (ROW)).

The medical gas equipment market share is expected to increase by USD 3.79 billion from 2020 to 2025, at a CAGR of 10.82%. Furthermore, this report extensively covers medical gas equipment market segmentation by end-user (hospitals and clinics, home healthcare, pharmaceutical and biotechnology companies, and academic and research institutions) and geography (North America, Europe, APAC, and ROW).

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What are the Key Data Covered in this medical gas blenders market report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive medical gas blenders market growth during the next five years
Precise estimation of the medical gas blenders market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the medical gas blenders industry across North America, Europe, Asia, and Rest of World (ROW)
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of medical gas blenders market vendors

Medical Gas Blenders Market Scope
Report Coverage	Details
Page number	126
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.44%
Market growth 2022-2026	USD 528.37 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	4.29
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 37%
Key countries	US, Canada, Germany, China, and India
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Armstrong Medical Ltd., BioMed Devices, DEHAS Medical Systems GmbH, EKU Elektronik GmbH, Genstar Technologies Co., Guangdong Pigeon Medical Apparatus Co. Ltd., Halma Plc, HVS Oliver Hornla GmbH and Co. KG, Inspiration Healthcare Group Plc, MCQ Instruments, medin Medical Innovations GmbH, Ningbo Dawei Medical Equipment Co. Ltd., Ohio Medical, Precision Medical Inc., S S Technomed P Ltd., Sechrist Industries Inc., SHANGHAI AMCAREMED TECHNOLOGY Co. Ltd., Weyer GmbH, WITT Gasetechnik GmbH and Co KG, and Zhengzhou Dison Instrument And Meter Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market Definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Dual flow - Market size and forecast 2021-2026

Exhibit 28: Chart on Dual flow - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Dual flow - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Dual flow - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Dual flow - Year-over-year growth 2021-2026 (%)

5.4 Tube flow - Market size and forecast 2021-2026

Exhibit 32: Chart on Tube flow - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Tube flow - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Tube flow - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Tube flow - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 Asia - Market size and forecast 2021-2026

Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)

7.6 Rest of World (ROW) - Market size and forecast 2021-2026

Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

7.7 US - Market size and forecast 2021-2026

Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)

7.8 Germany - Market size and forecast 2021-2026

Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Canada - Market size and forecast 2021-2026

Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.11 India - Market size and forecast 2021-2026

Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

7.12 Market opportunity by geography

Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 79: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 80: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 81: Overview on factors of disruption

9.4 Industry risks

Exhibit 82: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 83: Vendors covered

10.2 Market positioning of vendors

Exhibit 84: Matrix on vendor position and classification

10.3 Armstrong Medical Ltd.

Exhibit 85: Armstrong Medical Ltd. - Overview
Exhibit 86: Armstrong Medical Ltd. - Product / Service
Exhibit 87: Armstrong Medical Ltd. - Key offerings

10.4 BioMed Devices

Exhibit 88: BioMed Devices - Overview
Exhibit 89: BioMed Devices - Product / Service
Exhibit 90: BioMed Devices - Key offerings

10.5 EKU Elektronik GmbH

Exhibit 91: EKU Elektronik GmbH - Overview
Exhibit 92: EKU Elektronik GmbH - Product / Service
Exhibit 93: EKU Elektronik GmbH - Key offerings

10.6 Genstar Technologies Co.

Exhibit 94: Genstar Technologies Co. - Overview
Exhibit 95: Genstar Technologies Co. - Product / Service
Exhibit 96: Genstar Technologies Co. - Key offerings

10.7 Halma Plc

Exhibit 97: Halma Plc - Overview
Exhibit 98: Halma Plc - Business segments
Exhibit 99: Halma Plc - Key news
Exhibit 100: Halma Plc - Key offerings
Exhibit 101: Halma Plc - Segment focus

10.8 MCQ Instruments

Exhibit 102: MCQ Instruments - Overview
Exhibit 103: MCQ Instruments - Product / Service
Exhibit 104: MCQ Instruments - Key offerings

10.9 medin Medical Innovations GmbH

Exhibit 105: medin Medical Innovations GmbH - Overview
Exhibit 106: medin Medical Innovations GmbH - Product / Service
Exhibit 107: medin Medical Innovations GmbH - Key offerings

10.10 Ningbo Dawei Medical Equipment Co. Ltd.

Exhibit 108: Ningbo Dawei Medical Equipment Co. Ltd. - Overview
Exhibit 109: Ningbo Dawei Medical Equipment Co. Ltd. - Product / Service
Exhibit 110: Ningbo Dawei Medical Equipment Co. Ltd. - Key offerings

10.11 Precision Medical Inc.

Exhibit 111: Precision Medical Inc. - Overview
Exhibit 112: Precision Medical Inc. - Product / Service
Exhibit 113: Precision Medical Inc. - Key offerings

10.12 Sechrist Industries Inc.

Exhibit 114: Sechrist Industries Inc. - Overview
Exhibit 115: Sechrist Industries Inc. - Product / Service
Exhibit 116: Sechrist Industries Inc. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 117: Inclusions checklist
Exhibit 118: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 119: Currency conversion rates for US$

11.4 Research methodology

Exhibit 120: Research methodology
Exhibit 121: Validation techniques employed for market sizing
Exhibit 122: Information sources

11.5 List of abbreviations

Exhibit 123: List of abbreviations

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