Market Research Logo

Global Specialty Gases Market for Healthcare Industry 2017-2021

Global Specialty Gases Market for Healthcare Industry 2017-2021

About Specialty Gases

Specialty gases are a class of high-purity gases that require precise blending of component gases in a gas mixture. Specialized preparation methods and laboratory analysis are used to quantify the component gases in the mixture of gases. This is to obtain high-quality gases with minimal impurities. Advanced production processes, instrumentation, and analytical measurements require high-purity gases for minimal interference in the processes. Specialty gases are different from industrial gases in the sense that they can be a highly pure single gas or can be a mixture of 20-30 gases. The impurity tolerance for specialty gases is set by the end users that require an accuracy of ±1%.

Technavio’s analysts forecast the global specialty gases market for healthcare industry to grow at a CAGR of 7.46% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global specialty gases market for healthcare industry for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Specialty Gases market for Healthcare Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Air Liquide
  • Air Products and Chemicals
  • The Linde Group
  • Messer Group
  • Praxair Technology
Other prominent vendors
  • Advanced Gas Technologies
  • Advanced Specialty Gases
  • Maine Oxy
  • Norco
  • Showa Denko
  • TAIYO NIPPON SANSO
  • Welsco
Market driver
  • Flourishing medical tourism industry in APAC.
  • For a full, detailed list, view our report
Market challenge
  • High dependence on gas distribution systems and gas handling systems.
  • For a full, detailed list, view our report
Market trend
  • Increasing per capita expenditure on healthcare.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Specialty Gases market for Healthcare Industry 2017-2021

Technavio recognizes the following companies as the key players in the global specialty gases market for healthcare industry: Air Liquide, Air Products and Chemicals, The Linde Group, Messer Group, and Praxair Technology.

Other Prominent Vendors in the market are: Advanced Gas Technologies, Advanced Specialty Gases, Maine Oxy, Norco, Showa Denko, TAIYO NIPPON SANSO, and Welsco.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is innovations in storage design and packaging. Most specialty gases are packaged in cylinders at pressures of up to 300 barometers and are supplied to end users in volumes variants of 1-50 liters. These cylinders are made of high-strength steel and aluminum to withstand high pressures, avoid leakages, and ensure maximum safety throughout transportation and storage.”

According to the report, one driver in market is booming pharmaceutical and healthcare sectors. The global healthcare sector is primarily driven by the changing lifestyles, aging population, unhealthy eating habits, and an increase in the occurrence of chronic diseases across the globe. Specialty gases are crucial in the pharmaceutical industry. Pharmaceutical-grade specialty gases are expected to be highly compliant with the pharmacopeia standards. High-purity specialty gases are prominent in this sector as the pharmaceutical and healthcare industries are focused on patient safety. In addition, the current pharmaceutical sector is undergoing a shift in its manufacturing processes. Continuous processing and freeze drying techniques are expected to take over pharmaceutical manufacturing over the decade. Lyophilization, inerting, purging, blanketing, reactor cooling, solvent recovery, and reduction of VOCs are some of the applications of specialty gases in the pharmaceutical industry.

Further, the report states that one challenges in market is high cost of production and uncertain return on investments. The primary challenge for the vendors in the global specialty gases market is the profit margins in view of volatile price fluctuations and rising cost of production. The noble gas market constituted 11.4% of the overall specialty gases market and had applications in pharmaceuticals and various analytical techniques in 2015. The production of noble gases through atmospheric air separation is an energy-intensive process, where noble gases are yielded in trace amounts with major products being nitrogen, hydrogen, and oxygen. The major cost attributes in this business are energy, storage, and distribution costs. Of the three modes of distribution, such as tonnage, merchant, and packaged supplies, tonnage is a lucrative segment for the vendors because of its assured demand and low variable costs.

Companies Mentioned

Air Liquide, Air Products and Chemicals, The Linde Group, Messer Group, Praxair Technology, Advanced Gas Technologies, Advanced Specialty Gases, Maine Oxy, Norco, Showa Denko, TAIYO NIPPON SANSO, and Welsco.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Outlook
    • Specialty gas production
    • Classification of specialty gases
      • Table Classification of specialty gases
    • Applications of specialty gases
      • Table Applications of specialty gases
  • Market landscape
    • Global specialty gases market for healthcare industry
      • Table Global specialty gases market for healthcare industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global specialty gases market for healthcare industry 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global specialty gases market for healthcare industry
      • Table Global specialty gases market for healthcare industry 2016
      • Table Global specialty gases market for healthcare industry 2021
    • Global atmospheric gases market for healthcare industry
      • Table Global atmospheric gases market for healthcare industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global atmospheric gases market for healthcare industry 2016-2021
    • Global noble gases market for healthcare industry
      • Table Global noble gases market for healthcare industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global noble gases market for healthcare industry 2016-2021
    • Global carbon-based gases market for healthcare industry
      • Table Global carbon-based gases market for healthcare industry 2016 and 2021 ($millions)
      • Table Market forecast: Global carbon-based gases market for healthcare industry 2016-2021
    • Global halogen-based gases market for healthcare industry
      • Table Global halogen-based gases market for healthcare industry 2016 and 2021 ($millions)
      • Table Market forecast: Global halogen-based gases market for healthcare industry 2016-2021
    • Global market for other specialty gases used in healthcare industry
      • Table Global market for other specialty gases used in healthcare industry 2016 and 2021($ millions)
      • Table Market forecast: Global market for other specialty gases used in healthcare industry 2016-2021
  • Market segmentation by application
    • Global specialty gases market for healthcare industry by application
      • Table Global specialty gases market for healthcare industry by application 2016
      • Table Global specialty gases market for healthcare industry by application 2021
    • Global specialty gases market for healthcare industry by analytical and laboratory application
      • Table Global specialty gases market for healthcare industry by analytical and laboratory application 2016 and 2021 ($ millions)
      • Table Market forecast: Global specialty gases market for healthcare industry by analytical and laboratory application 2016-2021
    • Global specialty gases market for healthcare industry by sterilization application
      • Table Global specialty gases market for healthcare industry by sterilization application 2016 and 2021 ($ millions)
      • Table Market forecast: Global specialty gases market for healthcare industry by sterilization application 2016-2021
    • Global specialty gases market for healthcare industry by other applications
      • Table Global specialty gases market for healthcare industry by other applications 2016 and 2021 ($ millions)
      • Table Market forecast: Global specialty gases market for healthcare industry by other applications 2016-2021
  • Geographical segmentation
    • Global specialty gases market for healthcare industry by geography
      • Table Global specialty gases market for healthcare industry by geography 2016
      • Table Global specialty gases market for healthcare industry by geography 2021
    • Specialty gases market for healthcare industry in Americas
      • Table Specialty gases market for healthcare industry in Americas 2016 and 2021 ($millions)
      • Table Market forecast: Specialty gases market for healthcare industry in Americas 2016-2021
    • Specialty gases market for healthcare industry in APAC
      • Table Specialty gases market for healthcare industry in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Specialty gases market for healthcare industry in APAC 2016-2021
    • Specialty gases market for healthcare industry in EMEA
      • Table Specialty gases market for healthcare industry in EMEA 2016 and 2021 ($ millions)
      • Table Market forecast: Specialty gases market for healthcare industry in EMEA 2016-2021
  • Decisio n Framework
  • Drivers and challenges
    • Market drivers
      • Table Medical tourism by region 2015
      • Table Foreign tourist arrival within APAC for medical tourism 2015
      • Table Global population by age group 2015
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Increasing per capita expenditure on healthcare
      • Table Per capita total expenditure on health at average exchange rate 2010-2014 ($)
      • Table Per capita government expenditure on health at average exchange rate 2010-2014($)
    • Innovations in storage design and packaging
    • Emerging markets: Future of specialty gases
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in specialty gases market 2016
    • Other prominent vendors
    • Air Liquide
      • Table Air Liquide: Business segmentation for gas and service by revenue 2016
      • Table Air Liquide: Business segmentation for gas and service by geography 2016
      • Table Air Liquide: Gas mixture product classes 2015
    • Air Products and Chemicals
      • Table Air Products and Chemicals: Business segmentation by revenue 2016
      • Table Air Products and Chemicals: Business segmentation by geography 2016
    • The Linde Group
      • Table The Linde Group: Business segmentation by revenue 2016
      • Table The Linde Group: Business segmentation by geography 2016
    • Messer Group
      • Table Messer Group: Segmentation by product groups 2015
      • Table Messer Group: Business segmentation by geography 2015
    • Praxair Technology
      • Table Praxair Technology: Segmentation by end-markets 2016
      • Table Praxair Technology: Business segmentation 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report