Report Scope & Overview:
The Medical Gas Analyzers Market Size was valued at USD 12.55 billion in 2022 and is expected to reach USD 21.56 billion by 2030, and grow at a CAGR of 7.0% over the forecast period 2023-2030.
Medical gas analyzers are often used in hospitals and the healthcare industry to detect, measure, and analyze medical gases. The market is growing due to a rise in the number of medical gas therapy patients across geographies, as well as an increase in the number of operations, emergencies, and ICU patients. In addition, the rising frequency of chronic diseases and technical improvements in medical gas analyzers are likely to drive market growth throughout the forecast period. However, in several developing nations, a lack of understanding regarding medical gas analyzers is impeding the market's growth.
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Patient monitoring, safety, and diagnosis, as well as treatment of a patient, are becoming more dependent on medical gas analyzers. The medical gas analyzer is gaining traction and is being used in a variety of healthcare settings throughout the world.
An important component of a variety of long-term care therapies.
The rising incidence of unhealthy lifestyles.
Rise in the price
Increase of scarcity
Creating lighter and transportable
Rising operational costs and distribution.
Introduction of the new rule.
IMPACT OF COVID-19
The outbreak of COVID-19 had a significant influence on the medical gas analyzer market. The healthcare services were observed to be overwhelmed and falling short once the COVID-19 was implemented. The demand for medicinal gases has increased, as has the demand for medical gas analyzer. According to reports, several administrations have approved temporary healthcare facilities as well as infrastructural renovations. However, due to limits on people and goods migration, supply networks were disrupted, which had a slight impact on industrial growth. During the short-term forecast period, the market is projected to gradually gain traction, with circumstances stabilizing and foreign commerce showing indications of recovery.
By product type: Due to features such as cost-effectiveness, precision, and dependability, the single gas analyzer segment dominates the worldwide medical gas analyzers market. Moreover, the increased usage of oxygen therapy contributes to the segment's growth. Due to technological advancements, though, demand for numerous gas analyzers is predicted to rise during the forecast period, making it the top revenue contributor.
By mobility type: Handheld, portable, and benchtop analyzers make up the worldwide medical gas analyzer market. The mobile analyzer segment currently accounts for the majority of revenue and is expected to continue to do so throughout the forecast period. This is due to the fact that these analyzers are simple to use, portable, cost-effective, and convenient to test. However, due to a surge in demand for easy-to-use and technologically advanced gas analyzers, the handheld analyzer segment is likely to grow rapidly throughout the projection period.
KEY MARKET SEGMENTS:
By Modality Type
By PRODUCT TYPE
Multiple Gas Analyzer
Single Gas Analyzer
Ambulatory Surgery Centers
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Due to the presence of a large population base, increased awareness of advanced medical gas analyzers, development in healthcare infrastructure, and an increase in the number of medical gas analyzers, Asia-Pacific presents lucrative opportunities for players operating in the medical gas analyzers industry. The Asia-Pacific market is likely to be restrained by low healthcare awareness in some Asian nations and a lack of acts and regulations for medical gas systems.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Systech Illinois-Company Financial Analysis
|Market Size in 2022||US$ 12.55 Billion|
|Market Size by 2030||US$ 21.56 Billion|
|CAGR||CAGR of 7.0% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Modality Type (Portable Analyzer, Handheld Analyzer, Benchtop Analyzer)
• By Product Type (Multiple Gas Analyzer, Single Gas Analyzer)
• By End User (Hospitals, Pharmaceutical Industry, Ambulatory Surgery Centers)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Dragerwerk AG & Co. KGaA, Novair Medical, Systech Illinois, The Linde Group, Roscid Technologies, MEECO Inc., Praxair Inc., Fluke Corporation|
|DRIVERS||• An important component of a variety of long-term care therapies.
• The rising incidence of unhealthy lifestyles.
|Restraints||• Rise in the price
• Increase of scarcity
Ans:- The Medical Gas Analyzers Market Size was valued at USD 12.55 Bn in 2022.
Ans: - The Medical Gas Analyzers Market is to growing at a CAGR of 7.0% over the forecast period 2023-2030.
North America held the biggest market share, and this is likely to continue throughout the projection period.
An important component of a variety of long-term care therapies, and the rising incidence of unhealthy lifestyles, are all propelling the Medical Gas Analyzers market forward.
Rise in the price, and increase in scarcity are the main restraints of the Medical Gas Analyzers market.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Medical Gas Analyzers Market Segmentation, by Modality Type
8.1 Portable Analyzer
8.2 Handheld Analyzer
8.3 Benchtop Analyzer
9. Medical Gas Analyzers Market Segmentation, by Product Type
9.1 Multiple Gas Analyzer
9.2 Single Gas Analyzer
10 Medical Gas Analyzers Market Segmentation, By End User
10.2 Pharmaceutical Industry
10.3 Ambulatory Surgery Centers
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Dragerwerk AG & Co. KGaA
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Novair Medical
12.3 Systech Illinois
12.4 The Linde Group
12.5 Roscid Technologies
12.6 MEECO Inc.
12.7 Praxair Inc.
12.8 Fluke Corporation
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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