Medical Gases Market

Medical Gases Market Size, Share, Growth Analysis, By Gas Type(Pure Gases, Oxygen), By End-use(Hospitals, Ambulatory surgical units), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35B2158 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Medical Gases Market Insights

Market Overview:

The global Medical Gases Market, which reached a valuation of more than USD 14.1 billion in 2020, is projected to witness substantial growth at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2027. This growth can be attributed to the increasing demand for medical gases in various healthcare settings, including hospitals, clinics, and home healthcare. Factors such as the rising prevalence of chronic respiratory diseases and the growing geriatric population are expected to drive market expansion during the forecast period.

Medical Gases Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Medical Gases was estimated to be valued at US$ XX Mn in 2021.

The Medical Gases Market is estimated to grow at a CAGR of XX% by 2028.

The Medical Gases Market is segmented on the basis of Gas Type, End-use, Region.

Based on region, the Medical Gases Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Medical Gases Market are , Linde Group plc , Air Liquide S.A. , Air Products and Chemicals Inc. , Gulf Cryo.

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Medical Gases Market

Product ID: UCMIG35B2158

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