Medical Gas Analyzers Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

Medical Gas Analyzers Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence
DataM Intelligence
Global Medical Gas Analyzers Market is Expected to reach a high CAGR of 3.2% during the forecasting period (2022 -2029).

Market Overview

The Global Medical Gas Analyzers Market is Expected to reach a CAGR of 3.2% during the forecasting period (2022 -2029).

Medical gasoline analyzers are used for the analysis, detection, and dimension of pure or aggregate of medical gases in hospitals and healthcare industries. Medical gases consist of scientific air, oxygen, carbon dioxide, nitrogen, and nitrous oxide. Medical gases allow easy penetration via natural physiological barriers.

After administration within the gadget, the awareness of those gases is measured and analyzed so that sufferers’ conditions may be stabilized after surgical procedure. According to OECD, in 2016, round 491,604 surgical approaches have been carried out inside the UK. Rise in surgical strategies globally; scientific fuel analyzers are prominently used in surgeries.

Medical gasoline analyzers are categorised as guide or automated, and that they feature on one-of-a-kind technology which include optical, infrared, and electrochemical. Medical gasoline analyzers consist of units like vacuum systems, regulators, flow meters, monitoring systems, and concentrators. These devices examine the concentration of scientific gases and their combos and come across the presence of any impurities including water vapors and different organic and inorganic impurities in the scientific gases.

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Market Dynamics

The principal market drivers are growing number of hospitals and healthcare centers, upward thrust inside the wide variety of medical gas-based totally therapies throughout the globe, growth within the geriatric populace international, and surge in occurrence of continual sicknesses along with most cancers, strokes, and breathing diseases.

According to the American Public Health Association, about 70% of the deaths within the U.S. In the yr 2017, changed into due to chronic illnesses. Medical gases are used inside the remedy of persistent sicknesses inclusive of cardiovascular, neurobiology, and breathing irritation. According to the Centers for Disease Control and Prevention, in 2018, one out of adults within the U.S. Become affected by a continual disorder.

Old age heightens breathing disorders, the World Health Organization records recommend that 55%-60% of old people admitted to hospitals in 2018 were administered medical gases. Hence, with the upward push in geriatric populace internationally, the demand for medical gases increases.

Poor recognition about clinical gas analyzers, changing recommendations concerning standards of analyzers, and the excessive fee of recent technologies are some principal factors proscribing the market.

Market Segmentation

By Product Type

  • Single Gas Analyzer 
  • Multiple Gas Analyzer

By Equipment

  • Monitoring Systems
  • Vacuum Systems
  • Flow Meters
  • Regulators

By Modality Type

  • Handheld Analyzer
  • Portable Analyzer
  • Benchtop Analyzer

By Technology

  • Electrochemical Analyzer
  • Infrared Analyzer
  • Optical Analyzer

Competitive Landscape

Major companies are Air Liquide, Dragerwerk AG & Co. KGaA, MEECO Inc, Matheson Tri-Gas, Novair Medical, Roscid Technologies, The Linde Group, Praxair, Inc, Fluke Corporation.

In February 2019, Dragerwerk AG & Co. KGaA launched HI-Flow Star, non-invasive breathing support.

In January 2019, QED Environmental Systems announced a partnership with Germany-based, Siegrist GmbH.

In September 2018, Matheson Tri-Gas acquired Weld Specialty Gas & Equipment, Inc., and made the strategic expansion of its medical gas analyzers portfolio.

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