Africa Medical Gas and Equipment Market- Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Description
Market Overview:
The Africa Medical Gas and Equipment market is expected to grow from USD 59.47 million in 2023 to USD 79.66 million by 2032, reflecting a compound annual growth rate (CAGR) of 3.72%.
This market growth is primarily driven by the expansion of healthcare infrastructure in emerging economies and the increasing demand for advanced medical treatments. Investments in hospitals, clinics, and healthcare facilities across Africa, coupled with government efforts to improve healthcare access, are fueling the market’s expansion. The growing prevalence of chronic diseases and the rising demand for respiratory therapies and anesthetic procedures are also contributing to the demand for medical gases and equipment. Technological innovations, such as portable and efficient gas delivery systems, are further driving market growth. Additionally, increased awareness of healthcare quality and safety is promoting the adoption of advanced medical gas systems with enhanced monitoring and control capabilities. As healthcare facilities modernize and expand, the market is set for steady growth, supported by both the need for improved healthcare services and the integration of advanced technologies.
Market Drivers:
Healthcare Infrastructure Development:
The ongoing expansion and modernization of healthcare infrastructure across Africa are key drivers of the medical gas and equipment market. Numerous African nations are investing in the construction of new hospitals and the upgrading of existing healthcare facilities. This growth in healthcare infrastructure is coupled with an increasing demand for medical gases and equipment, particularly for advanced treatments like surgeries, anesthesia, and respiratory therapies. For example, the African Development Bank (AfDB) has introduced the “Strategy for Quality Health Infrastructure in Africa 2022-2030” to address infrastructure deficits across the continent. The rising number of healthcare facilities, particularly in rural regions, is boosting the demand for medical gas systems, creating a favorable market environment.
Market Challenges:
High Initial Investment and Maintenance Costs:
A significant challenge in the Africa Medical Gas and Equipment market is the high initial investment and ongoing maintenance costs associated with medical gas systems. Healthcare facilities, especially in developing regions, often face financial difficulties in acquiring the costly equipment needed for the storage, distribution, and monitoring of medical gases. The expense involved in purchasing, installing, calibrating, and maintaining these systems, including routine inspections, poses a barrier for smaller hospitals and rural healthcare centers. These financial constraints limit the widespread adoption of advanced medical gas equipment, which could restrict access to quality healthcare in underserved areas.
Segmentation:
By Medical Gases:
Oxygen
Nitrous Oxide
Carbon Dioxide
Nitrogen
Others
By Application:
Therapeutic
Diagnostic
Pharmaceutical Manufacturing
Research
Others
By End-user:
Hospitals
Ambulatory Surgical Centers
Home Healthcare
Clinics
Others
By Medical Gas Equipment:
Cylinders
Flowmeters
Regulators
Vacuum Systems
Others
By Geography:
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Key Player Analysis:
Afrox (African Oxygen Ltd., a Linde company)
Air Liquide
Messer Group GmbH
Air Products South Africa
Cryogas Express
Puregas Pty Ltd.
Industrial Gas Projects (IGP)
Atlas Copco AB
Oxair Gas Systems Pty Ltd.
ENO Gas Limited
The Africa Medical Gas and Equipment market is expected to grow from USD 59.47 million in 2023 to USD 79.66 million by 2032, reflecting a compound annual growth rate (CAGR) of 3.72%.
This market growth is primarily driven by the expansion of healthcare infrastructure in emerging economies and the increasing demand for advanced medical treatments. Investments in hospitals, clinics, and healthcare facilities across Africa, coupled with government efforts to improve healthcare access, are fueling the market’s expansion. The growing prevalence of chronic diseases and the rising demand for respiratory therapies and anesthetic procedures are also contributing to the demand for medical gases and equipment. Technological innovations, such as portable and efficient gas delivery systems, are further driving market growth. Additionally, increased awareness of healthcare quality and safety is promoting the adoption of advanced medical gas systems with enhanced monitoring and control capabilities. As healthcare facilities modernize and expand, the market is set for steady growth, supported by both the need for improved healthcare services and the integration of advanced technologies.
Market Drivers:
Healthcare Infrastructure Development:
The ongoing expansion and modernization of healthcare infrastructure across Africa are key drivers of the medical gas and equipment market. Numerous African nations are investing in the construction of new hospitals and the upgrading of existing healthcare facilities. This growth in healthcare infrastructure is coupled with an increasing demand for medical gases and equipment, particularly for advanced treatments like surgeries, anesthesia, and respiratory therapies. For example, the African Development Bank (AfDB) has introduced the “Strategy for Quality Health Infrastructure in Africa 2022-2030” to address infrastructure deficits across the continent. The rising number of healthcare facilities, particularly in rural regions, is boosting the demand for medical gas systems, creating a favorable market environment.
Market Challenges:
High Initial Investment and Maintenance Costs:
A significant challenge in the Africa Medical Gas and Equipment market is the high initial investment and ongoing maintenance costs associated with medical gas systems. Healthcare facilities, especially in developing regions, often face financial difficulties in acquiring the costly equipment needed for the storage, distribution, and monitoring of medical gases. The expense involved in purchasing, installing, calibrating, and maintaining these systems, including routine inspections, poses a barrier for smaller hospitals and rural healthcare centers. These financial constraints limit the widespread adoption of advanced medical gas equipment, which could restrict access to quality healthcare in underserved areas.
Segmentation:
By Medical Gases:
Oxygen
Nitrous Oxide
Carbon Dioxide
Nitrogen
Others
By Application:
Therapeutic
Diagnostic
Pharmaceutical Manufacturing
Research
Others
By End-user:
Hospitals
Ambulatory Surgical Centers
Home Healthcare
Clinics
Others
By Medical Gas Equipment:
Cylinders
Flowmeters
Regulators
Vacuum Systems
Others
By Geography:
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Key Player Analysis:
Afrox (African Oxygen Ltd., a Linde company)
Air Liquide
Messer Group GmbH
Air Products South Africa
Cryogas Express
Puregas Pty Ltd.
Industrial Gas Projects (IGP)
Atlas Copco AB
Oxair Gas Systems Pty Ltd.
ENO Gas Limited
Table of Contents
187 Pages
- s
- CHAPTER NO. 1: INTRODUCTION
- 1.1.1. Report Description
- Purpose of the Report
- USP & Key Offerings
- 1.1.2. Key Benefits for Stakeholders
- 1.1.3. Target Audience
- 1.1.4. Report Scope
- CHAPTER NO. 2: EXECUTIVE SUMMARY
- 2.1. Africa Medical Gas and Equipment Market Snapshot
- 2.1.1. Africa Medical Gas and Equipment Market, 2018 - 2032 (USD Million)
- CHAPTER NO. 3: Africa Medical Gas and Equipment Market – INDUSTRY ANALYSIS
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Market Opportunities
- 3.5. Porter’s Five Forces Analysis
- CHAPTER NO. 4: ANALYSIS COMPETITIVE LANDSCAPE
- 4.1. Company Market Share Analysis – 2023
- 4.2. Africa Medical Gas and Equipment Market Company Revenue Market Share, 2023
- 4.3. Company Assessment Metrics, 2023
- 4.4. Start-ups /SMEs Assessment Metrics, 2023
- 4.5. Strategic Developments
- 4.6. Key Players Product Matrix
- CHAPTER NO. 5: PESTEL & ADJACENT MARKET ANALYSIS
- CHAPTER NO. 6: Africa Medical Gas and Equipment Market – BASED ON MEDICAL GASES ANALYSIS
- CHAPTER NO. 7: Africa Medical Gas and Equipment Market – BASED ON APPLICATION ANALYSIS
- CHAPTER NO. 8: Africa Medical Gas and Equipment Market – BASED ON END-USER ANALYSIS
- CHAPTER NO. 9: Africa Medical Gas and Equipment Market – BASED ON MEDICAL GAS EQUIPMENT ANALYSIS
- CHAPTER NO. 10: Africa Medical Gas and Equipment Market – BASED ON GEOGRAPHY ANALYSIS
- CHAPTER NO. 11: COMPANY PROFILES
- 11.1. Afrox (African Oxygen Ltd., a Linde company)
- 11.1.1. Company Overview
- 11.1.2. Product Portfolio
- 11.1.3. SWOT Analysis
- 11.1.4. Business Strategy
- 11.1.5. Financial Overview
- 11.2. Air Liquide
- 11.3. Messer Group GmbH
- 11.4. Air Products South Africa
- 11.5. Cryogas Express
- 11.6. Puregas Pty Ltd.
- 11.7. Industrial Gas Projects (IGP)
- 11.8. Atlas Copco AB
- 11.9. Oxair Gas Systems Pty Ltd.
- 11.10. ENO Gas Limited
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