Medical Gas Equipment Market Witnessed a YOY of 13.56% in 2021 | 43% of the growth will originate from North America | Technavio.

NEW YORK, June 21, 2022 /PRNewswire/ — The latest market analysis report titled Medical Gas Equipment Market by End-user and Geography – Forecast and Analysis 2021-2025 has been recently added to Technavio’s catalog. The report predicts the market to witness a decelerating growth momentum at a CAGR of 10.82% from 2020 to 2025. The market analysts forecast the medical gas equipment potential growth difference to be USD 3.79 billion during the projected period, as per the report estimates. The growing POCD and home healthcare markets is notably driving the medical gas equipment market growth, although the declining reimbursements for respiratory therapies may impede market growth. 

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Medical Gas Equipment Market Vendor Landscape

  • The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.
  • Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. 
  • To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
  • The medical gas equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
  • Air Products and Chemicals Inc., Allied Healthcare Products Inc., Amico Group of Companies, Atlas Copco AB, GCE Holding AB, LAIR LIQUIDE SA, Linde Plc, Messer Group GmbH, SOL Spa, and Taiyo Nippon Sanso Corp. are among some of the major market participants.
  • Companies such as L’AIR LIQUIDE S.A offer a wide range of medical gas equipment such as gas stations, flow meters, pipeline and surveillance devices, terminals and others.

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Medical Gas Equipment Market Segmentation Highlights

  • End-user
    • Hospitals And Clinics: The hospitals and clinics end-user segment held the largest market share in 2020. The segment will continue to account for the highest revenue throughout the forecast period. The growth of this segment can be attributed to the increasing use of these equipments in therapy and diagnosis. Various gases such as oxygen, nitrogen, medical air, and carbon dioxide are used in multiple patient rooms to sterilize the environment and for respiratory therapy.
    • Home Healthcare
    • Pharmaceutical And Biotechnology Companies
    • Academic And Research Institutions
  • Geography
    • North America: 43% of the market’s growth will originate from North America during the forecast period. The US is the key market for medical gas equipment market in North America. Market growth in this region will be faster than the growth of the market in regions. The growing need for medical gas cylinders during chronic disease treatment and surgeries will propel the medical gas equipment market growth in North America over the forecast period.
    • Europe
    • APAC
    • ROW

Get the Sample Report to know more about the contribution of each segment.

Medical Gas Equipment Market Scope

Technavio categorizes the global medical gas equipment market as part of the global healthcare equipment market. Our report provides extensive information on the value chain analysis for the medical gas equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The medical gas equipment market report covers the following areas:

Medical Gas Equipment Market Takeaways

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist medical gas equipment market growth during the next five years
  • Estimation of the medical gas equipment market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical gas equipment market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical gas equipment market, vendors

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Medical Gas Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 10.82%

Market growth 2021-2025

$ 3.79 billion

Market structure

Fragmented

YoY growth (%)

13.56

Regional analysis

North America, Europe, APAC, and ROW

Performing market contribution

North America at 43%

Key consumer countries

US, China, Germany, UK, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Air Products and Chemicals Inc., Allied Healthcare Products Inc., Amico Group of Companies, Atlas Copco AB, GCE Holding AB, LAIR LIQUIDE SA, Linde Plc, Messer Group GmbH, SOL Spa, and Taiyo Nippon Sanso Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, 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

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis for healthcare equipment market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 15: End user – Market share 2020-2025 (%)
  • 5.2 Comparison by End-user
  • 5.3 Hospitals and clinics – Market size and forecast 2020-2025
    • Exhibit 17: Hospitals and clinics – Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Hospitals and clinics – Year-over-year growth 2020-2025 (%)
  • 5.4 Home healthcare – Market size and forecast 2020-2025
    • Exhibit 19: Home healthcare – Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Home healthcare – Year-over-year growth 2020-2025 (%)
  • 5.5 Pharmaceutical and biotechnology companies – Market size and forecast 2020-2025
    • Exhibit 21: Pharmaceutical and biotechnology companies – Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Pharmaceutical and biotechnology companies – Year-over-year growth 2020-2025 (%)
  • 5.6 Academic and research institutions – Market size and forecast 2020-2025
    • Exhibit 23: Academic and research institutions – Market size and forecast 2020-2025 ($ million)
    • Exhibit 24: Academic and research institutions – Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by End-user
    • Exhibit 25: Market opportunity by End-user

6 Customer Landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 27: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 28: Geographic comparison
  • 7.3 North America – Market size and forecast 2020-2025
    • Exhibit 29: North America – Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: North America – Year-over-year growth 2020-2025 (%)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 31: Europe – Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: Europe – Year-over-year growth 2020-2025 (%)
  • 7.5 APAC – Market size and forecast 2020-2025
    • Exhibit 33: APAC – Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: APAC – Year-over-year growth 2020-2025 (%)
  • 7.6 ROW – Market size and forecast 2020-2025
    • Exhibit 35: ROW – Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: ROW – Year-over-year growth 2020-2025 (%)
  • 7.7 Key leading countries
    • Exhibit 37: Key leading countries
  • 7.8 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 40: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 43: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 44: Market positioning of vendors
  • 10.3 Air Products and Chemicals Inc.
  • 10.4 Allied Healthcare Products Inc.
    • Exhibit 50: Allied Healthcare Products Inc. – Overview
    • Exhibit 51: Allied Healthcare Products Inc. – Business segments
    • Exhibit 52: Allied Healthcare Products Inc. – Key offerings
  • 10.5 Amico Group of Companies
    • Exhibit 53: Amico Group of Companies – Overview
    • Exhibit 54: Amico Group of Companies – Product and service
    • Exhibit 55: Amico Group of Companies – Key offerings
  • 10.6 Atlas Copco AB
    • Exhibit 56: Atlas Copco AB – Overview
    • Exhibit 57: Atlas Copco AB – Business segments
    • Exhibit 58: Atlas Copco AB – Key offerings
    • Exhibit 59: Atlas Copco AB – Segment focus
  • 10.7 GCE Holding AB
    • Exhibit 60: GCE Holding AB – Overview
    • Exhibit 61: GCE Holding AB – Product and service
    • Exhibit 62: GCE Holding AB – Key offerings
  • 10.8 LAIR LIQUIDE SA
    • Exhibit 63: LAIR LIQUIDE SA – Overview
    • Exhibit 64: LAIR LIQUIDE SA – Business segments
    • Exhibit 65: LAIR LIQUIDE SA – Key offerings
    • Exhibit 66: LAIR LIQUIDE SA – Segment focus
  • 10.9 Linde Plc
    • Exhibit 67: Linde Plc – Overview
    • Exhibit 68: Linde Plc – Business segments
    • Exhibit 69: Linde Plc – Key news
    • Exhibit 70: Linde Plc – Key offerings
    • Exhibit 71: Linde Plc – Segment focus
  • 10.10 Messer Group GmbH
    • Exhibit 72: Messer Group GmbH – Overview
    • Exhibit 73: Messer Group GmbH – Product and service
    • Exhibit 74: Messer Group GmbH – Key news
    • Exhibit 75: Messer Group GmbH – Key offerings
  • 10.11 SOL Spa
    • Exhibit 76: SOL Spa – Overview
    • Exhibit 77: SOL Spa – Business segments
    • Exhibit 78: SOL Spa – Key offerings
    • Exhibit 79: SOL Spa – Segment focus
  • 10.12 Taiyo Nippon Sanso Corp.
    • Exhibit 80: Taiyo Nippon Sanso Corp. – Overview
    • Exhibit 81: Taiyo Nippon Sanso Corp. – Business segments
    • Exhibit 82: Taiyo Nippon Sanso Corp. – Key offerings
    • Exhibit 83: Taiyo Nippon Sanso Corp. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 84: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 85: Research Methodology
    • Exhibit 86: Validation techniques employed for market sizing
    • Exhibit 87: Information sources
  • 11.4 List of abbreviations
    • Exhibit 88: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Medical Gas Equipment Market Witnessed a YOY of 13.56% in 2021 | 43% of the growth will originate from North America | Technavio. WeeklyReviewer

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