The Revolutionary Market Growth of Medical Gases and Equipment

Medical Gases market, market research, market trends, market analysis, market forecast, market size, market new reports

The innovation of medical gases and equipment system in hospitals are kind of lifesaving for each and every individual who are present in the hospital. Medical gases are supplied to different areas in a hospital through high pressurized pipe systems that are constantly monitored by computerized alarms to check or prevent any kind of leaks and contaminations.

This article will help you to understand that how medical gases and equipment market is growing, what kinds of gases are used and why every upcoming hospitals should have this facility installed.

Types of Gases Used

At times medical gases becomes kind of demanding for proper functioning of health care facilities and hospitals. So to know what types of gases are used and what their roles are, let us see and try to understand the following gases below:

Oxygen – This gas is often required for inhalation therapy, resuscitation and for patients who suffer from hypoxemia (low concentration of oxygen in blood). The medical gas system consists a large storage system where the liquid oxygen is stored, which is then evaporated and supplied through pipes in different hospital areas. This gas was introduced in the early 1900’s and was used for assisting medical conditions like trauma, cardiovascular arrest, chronic obstructive pulmonary disease (COPD), and much more. However, medical facilities that have low patient capabilities, oxygen is supplied via multiple cylinders rather than supplying vaporized form of liquid oxygen.

Nitrogen – Nitrogen is always used to enhance surgical equipment(s) during numerous surgical procedures. Nitrogen is also utilized for preserving blood samples, cryosurgery, preserving biological specimens, destroying infected tissues in dermatology and for other medical requirements.

Nitrous Oxide – In other terms Nitrous Oxide is also known as ‘laughing gas’, this gas is normally used as analgesic or anesthetic purposes which is required during pre-operative period. Generally nitrous oxide is being delivered to hospitals and other medical institutes in high pressurized cylinders which are maintained at a compression level of 50 psi or 345 kPa.

Medical Air – This is a special kind of compressed clean air that is being supplied to patient wards to keep the patients comfortable at all times. This air is free of particles and any kind of contamination, pus has no kinds of odors and helps preventing water build up in medical gas pipelines. Medical air should be used only for proper calibration of medical devices and proper human respiration purposes.

Medical Air is required because when a patient is present in the operating room irrespective of whether the patient is in an emergency condition or not the surgeon relies on the compressed medical air to help the patient breathe properly and stay comfortable the whole time.

Carbon Monoxide – This gas is only used in small amounts during lungs diffusion examination/testing. This examination helps the medical staffs to understand how well a patient’s lungs are working for exchanging gases.

Carbon Dioxide – Carbon dioxide is specifically used for thoracic or abdominal and at times it’s used for inflating or suspending tissues during laser treatments. This gas needs to be compressed and maintained at within 50 psi.

Market Growth of Medical Gases and Equipment

Factors for such expansion of market are increased predominance of respiratory diseases such as increased intake of smoking habits, rising city pollution levels, accelerated growth in the elderly population, and thriving demand for making new healthcare facilities are expected to drive the medical gases and equipment market in the forthcoming years.

However, the declination of federal reimbursements for therapies, global helium shortage and decreasing respiratory diagnostics are becoming some of the major restraints to limit the overall growth of this market. But the increasing number of patient visits as well as high demand of respiratory agenda is actually boosting the expansion of the hospitals segments at a CAGR of 8.5 per cent during the forecasted period.

But on the basis of geographical region, North America was accounted to have one of the largest shares nearly 44.7 percent medical gases and equipment market in 2018, later followed by Africa, Middle East, Europe, Latin America and others. Still the Asia Pacific (APAC) region is still expected to grow in the upcoming years at an increased compound annual growth rate (CAGR) of 8.5 per cent during the forecast period.

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