1. Market Research
  2. > Healthcare
  3. > Pathology
  4. > Chronic Disease Market Trends
U.S. Medical Gases Market Size, Forecast And Trend Analysis, 2013 - 2024

U.S. Medical Gases Market Size, Forecast And Trend Analysis, 2013 - 2024

  • September 2018
  • 98 pages
  • ID: 5583941
  • Format: PDF
  • By Hexa Research

Summary

Table of Contents

U.S. Medical Gases Market Size and Forecast, By Product (Pure Gases, Gas Mixtures, Gas Equipment), By Application (Therapeutic, Diagnostic), And Trend Analysis, 2013 - 2024

The U.S. medical gases market size is projected to reach USD 5,182.6 million by 2024. Growing cases of chronic diseases, such as asthma, obesity, stroke, heart diseases, cancer, diabetes, are expected to drive growth in the medical gases market over the forecast period. Unhealthy eating habits due to hectic lifestyles coupled with a growing geriatric population base is resulting in the high incidence of chronic diseases in the region.

However, shortage of helium gas used for manufacturing medical equipment along with the stringent government regulations regarding the usage of this gas may impede market growth over the coming years. According to Centers for Disease Control and Prevention, tobacco smoke is the primary reason for progression and development of Chronic Respiratory Diseases (CRDs) in U.S.

In addition, growing exposure to air pollutants is expected to increase the importance of medical gases in the region. High demand and usage in the healthcare industry in U.S. will drive the pure gases segment. Oxygen plays a vital role in providing respiratory support. It has various medical applications in modern anesthetic techniques and is used in providing life support for artificially ventilated patients.

Increasing demand for advanced medical gas equipment, such as vacuum systems and manifolds, is driving the medical gases market. Rising awareness regarding chronic diseases and other health risks associated with them are also adding to the growth of this market in the region. Moreover, technological advancements in medical gas equipment and therapeutic and diagnostic products are expected to spur the demand in near future.

Rising need to maintain and standardize devices used for anesthetic gases will further fuel market demand in the coming years. Growing applications in lung function testing and blood gas analysis have also increased the product dover the past few years. Moreover, use of liquid helium gases to cool superconductive magnets coil scanners is projected to propel the regional market.

Product applications in therapeutics, diagnostics, drug discovery and development, and clinical research are also likely to offer new growth opportunities for the small-scale companies. The therapeutics segment is expected to witness a significant growth during the forecast period owing to demand for medicinal products and related equipment in hospitals and other healthcare centers.

Increasing number of patients suffering from respiratory diseases in United States is expected to drive medical gases market in the region. Most of the leading companies in the U.S. medical gases market have undertaken strategies, such as M&A and new product development, to expand the business. For instance, in 2016, Air Liquide, specialized in technologies, gases, and services, acquired Airgas, Inc., supplier of industrial gases and services.

Some of the key companies in this market include Airgas Inc.; Air Products and Chemicals Inc.; BeaconMedaes LLC; Air Liquide S.A.; The Linde Group; Medical Gas Solutions Ltd.; Matheson Tri-Gas Inc.; and Praxair Inc.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Complex Regional Pain Syndrome - Pipeline Review, H2 2019

Complex Regional Pain Syndrome - Pipeline Review, H2 2019

  • $ 2000
  • August 2019

Complex Regional Pain Syndrome - Pipeline Review, H2 2019SummaryGlobal Markets Direct’s latest Pharmaceutical and Healthcare disease pipeline guide Complex Regional Pain Syndrome - Pipeline Review, H2 ...

Blood Glucose Device Market, Users Global Forecast, SMBG Components of 17 Countries (America, Europe, Asia & Pacific, MENA) & Companies

Blood Glucose Device Market, Users Global Forecast, SMBG Components of 17 Countries (America, Europe, Asia & Pacific, MENA) & Companies

  • $ 2995
  • September 2019

Blood Glucose Device Market, Users Global Forecast, SMBG Components of 17 Countries (America, Europe, Asia & Pacific, MENA) & CompaniesAccording to International diabetes federation, in 2017, there are ...

Osteoarthritis Therapeutics Market by Anatomy, Drug Type, Route of Administration, Distribution Channel, Purchasing Pattern - Global Forecast to 2024

Osteoarthritis Therapeutics Market by Anatomy, Drug Type, Route of Administration, Distribution Channel, Purchasing Pattern - Global Forecast to 2024

  • $ 5650
  • October 2019

The osteoarthritis therapeutics market is projected to register a CAGR of 8.1% during the forecast period.The osteoarthritis therapeutics market is projected to reach USD 10.1 billion by 2024 from USD ...

Drug Delivery: Inhalation Devices $ 4750 October 2019

Incretion Drugs Markets in China $ 4000 October 2019


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on