Global Medical Gas Analyzer Market

Posted by Rupali Dagade on January 30th, 2020

Global Medical Gas Analyzer Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of around XX % during a forecast period.

Global Medical Gas Analyzer Market

The increasing prevalence of chronic diseases and a rising number of patients treated in ICUs are driving the growth of medical gas analyzer market. Moreover, the rising number of hospitals and healthcare reforms and new technological development such as infrared sensor technology, paramagnetic, and electrochemical are also some of the boosting factors for this market. Also, companies are spending more on R&D activities in order to measure trace levels of gases in the health care industry. Furthermore, the presences of ambulatory surgical centers that are basically prepared with medical gas analyzers are fueling market growth. Conversely, increasing the incidence of respiratory diseases because of the rising geriatric population is creating an opportunity for the upcoming year. On the other side, lack of standardization to meet accurate and specific needs in the healthcare sector is restraining the growth of medical gas analyzer market.
By end-user, medical gases have extensive applications in hospitals which represents the high potential for medical gas analyzer. Hospital segment dominated global medical gas analyzer market while pharma and food industries are expected to grow at exponential growth rate throughout the forecast period. Both hospitals, pharma and food Industries represents the most attractive market for given forecast period on account of increasing expenditure on healthcare infrastructure and increasing number of hospitals and pharma and food industries, particularly in emerging countries.
Geographically, the market in North America dominated global medical gas analyzer market in 2015 and is expected to expand at a CAGR of XX % over the forecast period. High expenditure in healthcare infrastructure, implementation of standard safety policies in most healthcare facilities and pharma industry are the factors anticipated to drive the demand for medical gas analyzers in North America.
The market in Asia Pacific is predicted to exhibit the most promising growth rate at a CAGR of XX % over the forecast period. The growth of this market is attributed to the increasing numbers of hospitals and ambulatory surgery centers and heavy investments by foreign companies in healthcare and the pharmaceutical industry in developing economies.
The report delivers deep insights into the demand forecasts, market trends, and micro and macro indicators. Furthermore, this report offers insights into the factors that are driving and restraining the growth in this market. Also, the study highlights current market trends and provides forecast from 2018-2026. We also have highlighted future trends in the market that will affect the demand throughout the forecast period. Additionally, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global medical gas analyzer market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global medical gas analyzer market.

Scope of Global Medical Gas Analyzer Market


Global Medical Gas Analyzer Market, By Analyzer Type

• Single Gas Analyzer
• Multiple Gas Analyzer

Global Medical Gas Analyzer Market, By Technology

• Electrochemical
• Optical
• Infrared

Global Medical Gas Analyzer Market, By End User

• Hospitals
• Ambulatory Surgery Centers
• Pharma and Food
• Others

Global Medical Gas Analyzer Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Key Players Operating in Global Medical Gas Analyzer Market

• Fluke Inc.
• Teledyne Technologies Incorporated
• Servomex Group Limited
• Geotechnical Instruments (UK) Ltd.
• TSI Incorporated
• Maxtec LLC
• Drägerwerk AG & Co. KGaA
• Sable Systems International
• Systech Instruments Ltd. & Illinois Instruments, Inc.
• Critical Environment Technologies Canada Inc.
• VISCIANO s.a.s.
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Rupali Dagade

About the Author

Rupali Dagade
Joined: August 30th, 2019
Articles Posted: 100

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