Medical Gases are fluids manufactured specifically for the medical, pharmaceutical manufacturing, and biotechnology industries. They are frequently used to synthesize, sterilize, or insulate processes or products which contribute to human health.
The medical gases market concentration is high and the global market is dominated by few companies like Air Liquide (Airgas), Linde Healthcare, Praxair, Air Products and Taiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.). These giants are dominating the medical gases market, from the manufacturing, distribution to service, occupying for over 84 percent of global market. The giants expand their market through mergers and acquisitions, building the global production and distribution network, from the developed countries to the emerging countries. In few future years, the market will became more concentrated in only few companies, and the market competition pattern will be very difficult to change.
Globally, the North America is the largest producer and consumer, followed by Europe, both occupy for over 60 % market share. The developed countries will sustain its growth in the years ahead, and it has a lot of room to grow in the emerging countries, especially in China, India, Southeast Asia and the Middle East regions.
Over the next five years, LPI(LP Information) projects that Medical Gases will register a 2.9% CAGR in terms of revenue, reach US$ 7130 million by 2023, from US$ 6000 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Air Liquide (acquired Airgas in 2016)
Linde Healthcare (BOC Healthcare)
Taiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.)
Air Water Inc
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Medical Nitrous Oxide
Others (Medical Nitrogen and Carbon Dioxide etc.)
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Hospitals (Labs & Clinics)
Pharmaceutical & Biotechnology Industries