Medical And Pharmaceutical Gases And Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Boc India Limited, Leland Limited, Air Products and Chemicals, Inc., Linde Group

The Medical & Pharmaceutical Gases & Equipment (MPGE) Market is expected to reach $25.4 billion by 2027, increasing at a CAGR of 6.2% between 2022 and 2027.

Medical And Pharmaceutical Gases And Equipment Market Overview

Medical and pharmaceutical gases are fluids or specialty gases used in the biopharmaceutical industry to execute various medical procedures, research, and manufacturing activities. Additionally, gas equipment refers to the components or hardware utilized to store gases and supply them as needed. When handling the storage and transportation of gases, equipment like cylinders, valves with built-in pressure regulators, vacuum-insulated evaporators, and flow meters are taken into account. Few technologies, such as anesthetic gas scavenging systems, function as scavengers by taking the mixture of gases out of storage facilities and operating rooms in order to keep medical workers exempt from their exposure. This is in addition to storing and maintaining a consistent supply. Medical gases used for therapeutic treatments and anesthetic procedures often include oxygen, helium, argon, nitrogen, and compressed air. In addition, gas equipment refers to the hardware or assembly used to store and supply gases. Due to their enormous demand, the medical and pharmaceutical gases and equipment market outlook is remarkably alluring. The Medical & Pharmaceutical Gases & Equipment (MPGE) Market is expected to expand between 2022 and 2027 as a result of rising chronic illnesses like cardiovascular problems, traffic accidents, and expanding R&D spending.

Industry News and Updates:

March 27, 2020: AIR LIQUIDE INCREASES PRODUCTION AND INVENTORY OF MEDICAL GASES FOR HEALTHCARE SYSTEM SUPPORT --

Since the beginning of the coronavirus outbreak, Air Liquide (Houston, Tex.; www.airliquide.com) in the U.S. has activated business continuity plans to maximize efficiency and maintain its activities, while increasing its medical gas production capabilities to meet the current demand. Air Liquide has been proactively communicating with medical customers, specifically hospitals, through its region-based specialists to appropriately manage the supply of the most critically needed medical gases, such as oxygen.

What are the major Applications, Types and Regions for Medical And Pharmaceutical Gases And Equipment Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Cylinders


• Flow Meters


• Regulators


• Vacuum System


• Others

By Application, it is segmented into

• Hospitals


• Home Healthcare


• Others

Medical And Pharmaceutical Gases And Equipment Market Regional Analysis

North America accounted for 36% of the total market in 2021. Asthma's widespread prevalence is one of the reasons for this market's rise. Due to the prevalence of obesity, the US leads the world in cases of bronchial asthma. The American Lung Association claims that being overweight can make breathing difficult by enlarging the lungs and increasing surrounding pressure. In the US, there are more than 40% of adults who are obese. Similar to how gun violence causes thousands of casualties each year, the enormous spread of cancer cases—particularly breast and lung cancer—is a significant factor in the segment's growth.

Over the projected period of 2022–2027, Asia–Pacific is anticipated to develop at the fastest rate. This increase is the result of an ageing population that is driving increasing heart attack and cancer rates. The worst air quality, in addition to cancer and heart attacks, is a significant contributor to increased hospitalisation. The worst particulate matter (PM2.5) concentration is found in India and China, where individuals' lungs are damaged more than 30 times beyond WHO-acceptable standards. Research from 2021 claims that Asia is home to the majority of the world's most polluted cities. 46 of the top 100 most polluted cities on the planet are in India, and 42 are in China.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Medical And Pharmaceutical Gases And Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medical And Pharmaceutical Gases And Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Medical And Pharmaceutical Gases And Equipment Market report scope?

Key Takeaways from this Medical And Pharmaceutical Gases And Equipment Market Report

• Evaluate Medical And Pharmaceutical Gases And Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Medical And Pharmaceutical Gases And Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Medical And Pharmaceutical Gases And Equipment Market?

The Medical And Pharmaceutical Gases And Equipment Market is growing at a CAGR of 6.2% over the next 5 years.

Who are the key players in Medical And Pharmaceutical Gases And Equipment Market?

Boc India Limited, Leland Limited, Air Products and Chemicals, Inc., Linde Group, BeaconMeadaes LLC, Air Liquide, BPR Medical, INOX Air products, Praxair, Gulf Cryo, Taiyo Nippon Sanso, Atlas Copco, Airgas Inc., GCE Group AB, Matheson Tri-Gas Inc., Messer Group GmbH, Praxair Inc., Amico Corporation, SCI Analytical, SOL S.p.A., Rotarex SA, GCE Holding AB

What are the significant types of Medical And Pharmaceutical Gases And Equipment Market?

Cylinders, Flow Meters, Regulators, Vacuum System, Others

What are the major end-use applications of Medical And Pharmaceutical Gases And Equipment Market?

Hospitals, Home Healthcare, Others

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