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Medical Gas Analyzers Market

Medical Gas Analyzers Market Size, Share & Segment 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), and by Region | Global Market Forecast 2022-2028

Report Id: SNS/HC/1057 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Medical Gas Analyzers Market Size was valued at USD 11.73 billion in 2021 and is expected to reach USD 18.8 billion by 2028, and grow at a CAGR of 7.0% over the forecast period 2022-2028.

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.

Medical Gas Analyzers Market

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.

MARKET DYNAMICS

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

OPPORTUNITIES

  • Technical Advancement

  • Creating lighter and transportable

CHALLENGES

  • 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. 

MARKET ESTIMATION

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.

COMPETITIVE LANDSCAPE

Dragerwerk AG & Co. KGaA, Novair Medical, Systech Illinois, The Linde Group, Roscid Technologies, MEECO Inc., Praxair Inc., Fluke Corporation, and other

KEY MARKET 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

  • Others

Medical Gas Analyzers Market

REGIONAL ANALYSIS

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.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The 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

 

Medical Gas Analyzers Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 11.73 Billion
Market Size by 2028 US$ 18.8 Billion
CAGR CAGR of 7.0% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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


Frequently Asked Questions (FAQ) :

Medical Gas Analyzers Market Size was valued at USD 11.73 billion in 2021

Dragerwerk AG & Co. KGaA, Novair Medical, Systech Illinois, The Linde Group, Roscid Technologies, and MEECO Inc. are the key players in the Medical Gas Analyzers Market.

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

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

10.1 Hospitals

10.2 Pharmaceutical Industry

10.3 Ambulatory Surgery Centers

10.4 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3   Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4   Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5   The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6   Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profiles

12.1 Dragerwerk AG & Co. KGaA

12.1.1 Financial

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

 

14. Conclusion

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Secondary Research

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