Medical gas blenders market size to increase by USD 528.37 million; North America to account for 37% of market growth - Technavio
NEW YORK, Feb. 8, 2023 /PRNewswire/ -- The Medical Gas Blenders Market by Product and Geography - Forecast and Analysis 2022-2026 report has been published by Technavio. Market size is forecast to grow by USD 528.37 millionbetween 2021 and 2026 at a CAGR of 5.44%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report
Regional analysis
By region, the global medical gas blenders market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 37% of market growth during the forecast period. The rising geriatric population and the high number of surgeries performed every year will facilitate the medical gas blender market growth in North America over the forecast period. Buy the report
Company profiles
The medical gas blenders market report includes information on the key products and recent developments of leading vendors, including:
Armstrong Medical Ltd. - The company offers lunch bags that includes backpack, tote, waistpack & crossbody, duffel, drawstring, cooler and shopper.
BioMed Devices - The company offers lunch bags that includes lunchbags and bagpacks.
DEHAS Medical Systems GmbH - The company offers lunch bags that includes golf bags, Fairway C Double Strap Stand Bag and Fairway+ Double Strap Stand Bag.
Market dynamics
The market is driven by factors such as the growing number of surgeries due to the rising prevalence of chronic diseases, the increasing popularity of respiratory gas blenders, and the growing demand for medical gases for therapeutic and diagnostic applications. However, the stringent regulations is hindering the market growth.
Competitive analysis
The competitive scenario provided in the medical gas blenders market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Request a Sample
Market segmentation
By product, the market is segmented into dual flow and tube flow. The dual flow segment accounted for the largest share of the market in 2021.
By geography, the market is segmented as North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market in 2021.
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What are the Key Data Covered in this medical gas blenders market report?
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive medical gas blenders market growth during the next five years
Precise estimation of the medical gas blenders market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the medical gas blenders industry across North America, Europe, Asia, and Rest of World (ROW)
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of medical gas blenders market vendors
Medical Gas Blenders Market Scope
Report Coverage
Details
Page number
126
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 5.44%
Market growth 2022-2026
USD 528.37 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
4.29
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 37%
Key countries
US, Canada, Germany, China, and India
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Armstrong Medical Ltd., BioMed Devices, DEHAS Medical Systems GmbH, EKU Elektronik GmbH, Genstar Technologies Co., Guangdong Pigeon Medical Apparatus Co. Ltd., Halma Plc, HVS Oliver Hornla GmbH and Co. KG, Inspiration Healthcare Group Plc, MCQ Instruments, medin Medical Innovations GmbH, Ningbo Dawei Medical Equipment Co. Ltd., Ohio Medical, Precision Medical Inc., S S Technomed P Ltd., Sechrist Industries Inc., SHANGHAI AMCAREMED TECHNOLOGY Co. Ltd., Weyer GmbH, WITT Gasetechnik GmbH and Co KG, and Zhengzhou Dison Instrument And Meter Co. Ltd.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 06: Executive Summary ? Chart on Incremental Growth
Exhibit 07: Executive Summary ? Data Table on Incremental Growth
Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market Definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 Dual flow - Market size and forecast 2021-2026
Exhibit 28: Chart on Dual flow - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Dual flow - Market size and forecast 2021-2026 ($ million)
Exhibit 112: Precision Medical Inc. - Product / Service
Exhibit 113: Precision Medical Inc. - Key offerings
10.12 Sechrist Industries Inc.
Exhibit 114: Sechrist Industries Inc. - Overview
Exhibit 115: Sechrist Industries Inc. - Product / Service
Exhibit 116: Sechrist Industries Inc. - Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 117: Inclusions checklist
Exhibit 118: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 119: Currency conversion rates for US$
11.4 Research methodology
Exhibit 120: Research methodology
Exhibit 121: Validation techniques employed for market sizing
Exhibit 122: Information sources
11.5 List of abbreviations
Exhibit 123: List of abbreviations
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