Medical Gas Analyzers Market by Product (Single Gas Analyzer and Multiple Gas Analyzer), Modality Type (Handheld Analyzer, Portable Analyzer, and Benchtop Analyzer), and End User (Hospitals, Ambulatory Surgery Centers, Pharmaceutical Industry, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025
The global medical gas analyzers market generated $235 million in 2017, and is projected to reach $325 million by 2025, growing at a CAGR of 4.1% from 2018 to 2025.
Medical or pharmaceutical gases are used specifically in the medical, pharmaceutical, and biotechnology industries to synthesize, sterilize, and insulate processes or products, which contribute to human health. Medical gas analyzers are used for detection, measurement, and analysis of medical gases in hospitals and healthcare industries.
Medical gas analyzers market is expected to grow at a significant rate during the forecast period, owing to increase in number of medical gas therapies with surge in number of patients treated in intensive care units (ICUs), neonatal intensive care units (NICUs), and emergency departments. In addition, surge in number of hospitals & surgery centers and stringent regulations for medical gas system support the market growth.
The global medical gas analyzers market is segmented based on product, modality, end user, and region. By product, the market is classified as single gas analyzer and multiple gas analyzer. Depending on modality, it is fragmented into handheld analyzer, portable analyzer, and benchtop analyzer. According to end user, it is segregated into hospitals, ambulatory surgery centers, pharmaceutical industry, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities.
A comprehensive analysis of all the geographical regions is provided to determine the existing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
KEY MARKET SEGMENTS
Single Gas Analyzer
Multiple Gas Analyzer
By Modality Type
By End User
Ambulatory Surgery Centers
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Dragerwerk AG & Co. KGaA
Graco Inc. (Geotechnical Instruments (UK) LTD.)
Sable Systems International
Tenex Capital Management (Ohio Medical)
WITT-Gasetechnik GmbH & Co KG
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
Precision Medical, Inc.
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