Portland, OR -- (SBWIRE) -- 07/28/2017 -- Medical gases are specialized gases, which are used for medical purposes, drug processing and research in biotechnology. The medical gas can be a single pure gas or a mixture of different gases. The common types of gases used are oxygen, ammonia, hydrogen, nitrous oxide, nitrogen and carbon dioxide. The gas equipment such as cylinder and masks are used to store and deliver gas. The medical gases and equipment market holds a high growth potential due to the increasing count of geriatric population and advancements in the pharmaceutical industry. The purity of the gases plays an important role in the recovery of the patient and there is also a risk of acquiring infection through medical gases. Due to this reason, the medical gases need to be manufactured according to certain specified standards.
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Based on the end users, the market is classified into Clinics, Hospitals, Research Institutions, Home Healthcare, Pharmaceutical Industry and Biotechnology Industry. Geographically, the market is segmented across four regions namely North America, Europe, Asia Pacific and LAMEA. One of the strategies adopted by major market players is takeover. For instance, in 2012, Linde acquired the US medical gas specialist Lincare. This takeover has enabled The Linde Group to emerge as a key player in medigas field. The companies profiled in this report are Air Liquide, Praxair, Sol-Spa, Airgas, Messer Group Gmbh, Matheson Tri-Gas, Taiyo Nippon Sanso, Air Products and Chemicals, Atlas Copco and The Linde Group.
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KEY MARKET SEGMENTS:
The Global Medical Gases and Equipment Market is segmented as below:
Medical Gases and Equipment Market ? By Product Type
-Medical Gases
-Nitrogen Gas
-Medical Air
-Carbon Dioxide Gas
-Helium Gas
-Nitrous Oxide Gas
-Oxygen Gas
Medical Gases and Equipment Market ? By End User
-Clinics
-Hospitals
-Research Institutions
-Home Healthcare
-Pharmaceutical Industry
-Biotechnology Industry
Medical Gases and Equipment Market ? By Geography
-North America
-Europe
-Asia Pacific
-LAMEA