KEVIN COLLAZO

By: KEVIN

|

Oct 7, 2015

GrandViewResearch.com has announced the addition of “Global Medical Gases And Equipment Market Analysis And Segment Forecasts To 2020” Market Research report to their Database.

The global medical gases and gas equipment market size is expected to reach USD 10.52 billion in 2020, according to a new report by Grand View Research, Inc. The increasing level of patients requiring emergency care, surgical interventions and respiratory disorders are expected to boost the medical gases market over the forecast period.

Full research report on medical gases and equipment market analysis:
http://www.grandviewresearch.com/industry-analysis/medical-gases-market Old age heightens the need for healthcare by making individuals more susceptible to diseases especially pertaining to the respiratory system and triggers patient hospitalization rates. Statistics estimated by the WHO suggest that 55% – 60% of patients admitted in hospitals are administered with gases.

The presence of favorable initiatives such as the U.S. Food and Drug Administration Safety and Innovation Act are expected to high rendering driver for growth of medical gases market. The act provides manufacturer with elimination of drug user fee, enhancement of profit margins, and power to fill intellectual property right for development of new product.

The pure medical gases segment was the largest, representing a revenue share of over 60.0% in 2013. Extensive use of oxygen as the first line of treatment during emergencies such as heart attack and suffocation, for providing life support to artificially vented patients, and in events such as COPD, major trauma and severe hemorrhage is expected to witness huge demand for oxygen over the forecast.

Medical gas mixtures are also gaining demand owing to their use in sterilization of heat and moisture sensitive instruments and disposable medical devices, during cancer radiation therapy, pain management procedures, and measurement of oxygen and carbon dioxide levels in blood stream. The mixtures are estimated to witness growth at rate of over 11.0%.

Vacuum systems owing to their use in providing safe and sufficient flows at desired pressure levels to the medical gas outlets or vacuum inlet terminals held the largest share in 2013. Its market size is expected to reach over USD 1.6 billion by 2020. Masks are identified as the fastest growing equipment registering a CAGR of over 9.0% during the forecast period.

The market for North America in 2013 was valued at USD 2.4 billion, owing to factors such as the presence of favorable government initiatives pertaining to new product development, sophisticated healthcare infrastructure and increasing patient awareness levels coupled with relatively higher healthcare expenditures in the region.

On the other hand, the Asia Pacific medical gas industry is expected to witness rapid rise in demand and is expected to exceed a value of USD 2.2 billion by 2020. Presence of large population bases and high prevalence of pulmonary diseases and emergency conditions in countries such as India and China are some factors accounting for such rapid growth.

Prominent players operating in this market includes Air Liquide, Praxair Inc, Air Gas Inc, Linde Gas, Air Products and Chemicals Inc. Request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/medical-gases-market/request

Grand View Research has segmented the global medical gas equipment market on the basis of product and region:

Medical Gases and Equipment Product Outlook

• Medical Gases

• Medical Pure Gases

• Medical Air

• Carbon Dioxide

• Oxygen

• Nitrogen

• Nitrous Oxide

• Helium

• Medical Gas Mixtures

• Carbon Dioxide – Oxygen Mixtures

• Oxygen-Nitrous Oxide Mixtures

• Ethylene Oxide

• Oxyfume 2000

• Helium Oxygen Mixtures

• Aerobic Mixtures

• Anaerobic Mixtures

• Blood Gas Mixtures

• Laser Gas Mixtures

• Lung Mixtures

• Medical Gas Equipment

• Manifolds

• Outlets

• Hose Assemblies and Valves

• Alarm Systems

• Cylinders and Accessories

• Flowmeters

• Regulators

• Medical Air Compressors

• Vacuum Systems

• Masks

Medical Gases and Equipment Regional Outlook

• North America

• Europe

• Asia Pacific

• RoW


View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/medical-devices


About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Web: www.grandviewresearch.com

Frequently Asked Questions

Yes, MTS has various partnerships with a number of medical gas installation contractors. Each sub contractor employees qualifying ASSE 6010 Medical Gas Installers ready to meet your needs.
A Medical Gas Certification (Also called a medical gas verification) is an NFPA required inspection and approval of newly installed medical gas delivery systems. All newly in installed medical gas pipeline and equipment must be certified by an ASSE 6030 before use.
Answer: Per NFPA guidelines, it is a requirement for any facilities using medical grade gases for the purpose of human consumption to have their gas delivery systems inspected by and ASSE 6040. Read more about Medical Gas Inspections Here.
Answer: Yes, MTS provides annual medical gas inspections. We provide discounts on Annual Inspections when you sign multi year contracts. Read more about Medical Gas Inspections Here.
Answer: The Plumbing and Mechanical Systems Board issues medical gas piping certification to medical gas system installers who possess valid certification from the National Inspection Testing Certification Corporation or NITC. Certification from other organizations may be considered with approval of the board.
Yes, we can adapt any fittings to the desired hosing for any medical grade gas. High pressure gases such as Nitrogen can also be accommodated.
Yes, Those items for shipment to countries outside of the U.S. may be subject to taxes, customs duties and fees levied by the destination country (“Import Fees”). The recipient of the shipment is the importer of record in the destination country and is responsible for all Import Fees.
With respect to each item for which Import Fees have been calculated, you authorize Export or Merchant (as applicable) to designate a carrier (“Designated Carrier”) to act as your agent with the relevant customs and tax authorities in the destination country, to clear your merchandise, process and remit your actual Import Fees for such item.
Import Fees Deposit” represents an estimate of the Import Fees that will be levied on the items in your order for shipment to countries outside of the U.S. By placing your order, you agree to allow Export and/or Merchant (as applicable) to collect the Import Fees Deposit for the applicable items in your order. This deposit will be used, on your behalf, to reimburse the Designated Carriers for the import fees that they have paid on your behalf to the appropriate authorities of the destination country.
Answer: Per NFPA guidelines, it is a requirement for any facilities using medical grade gases for the purpose of human consumption to have their gas delivery systems inspected by and ASSE 6040. Read more about Medical Gas Inspections Here.

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MTS is an ASSE 6020© Licensed medical gas inspection service company, providing annual inspections on medical gas systems throughout the U.S.

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