In hospital settings, medical gas analyzers are being used to monitor different gases utilized for various medical treatments. These include carbon dioxide, oxygen, medical air, and nitrogen dioxide. Medical gases provide therapeutic benefits because they can easily penetrate natural physiological boundaries. Different gases have numerous different therapeutic effects for various diseases. The inhalation, hydrogen water and injection of hydrogen-saturated saline may allow the administering of medical gases
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The concentration of such gases is measured and analyzed after administration to stabilize the condition of patients. Medical gas analyzers may be manually or automatically operated and operate with various methods, such as optical, infrared and electrochemical. Medical gas analyzer components comprise pressure and flow regulators, pneumatic connections, charge equipment, filters, vacuum systems and flow meters.
Technology advancements in medical gas analyzers and rising medical procedures are predicted to propel the growth of the global medical gas analyzers market
In 2009, 48 million surgical procedures were conducted in U.S. and cardiovascular procedure amounted to 7.3 million, according to U.S. National Center for Health Statistics. The burden of diseases is continually increasing and leads to even more treatments. The medical gas analyzers market also increased with this rise.
Another driver in market expansion is the application of medical gas therapy in crucial operations such as in cardiac strokes and cerebrovascular. Hyperthermia and Thyrotoxicosis have been reported to be extremely effective and can be used. According to Centers for Disease Control and Prevention (CDC), 130,000 deaths occur each year of stroke in the U.S. and 795,000 people are affected by strokes every year that indicate the necessity for the use of medical gases to support a growth in the market. The treatment of cardiovascular, neurobiological and respiratory inflammatory illnesses has shown to be efficient in medical gases and in turn to increase the requirement for medical gases and analyzers.
Technological improvements, new product releases, and the rising prevalence of chronic diseases such as strokes, respiratory diseases, and cancer are expected to propel the global medical gas analyzers market growth. New gas delivery techniques such as liposomes and microbubbles are expected to fuel the growth of global medical gas analyzers market.
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Coherent Market Insights divides the Medical Gas Analyzers market into five regions: North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. Due to robust investment in healthcare infrastructure and competitors consistently seeking to improve technology and healthcare reimbursements, the North American market is expected to hold dominant position over the forecast period. Due to factors such as a huge customer base, local manufacturers creating low-cost devices, and increasing air pollution in countries such as Japan, India, and China, the Asia Pacific market is expected to develop at the fastest rate throughout the forecast period. Government initiatives such as the National Urban Health Mission (NUHM) and the relaxation of government laws and regulations to permit for the establishment of hospitals in various Southern Indian states are projected to help the market flourish.
Key Competitors
Competitors are focused on continuous product offerings and improvements, which is expected to help the market grow. In 2016, Gasera introduced a new multiple gas analyzer. Furthermore, the EU Horizon Framework Program awarded the company US$ 2.74 million for the development of a modern analyzer capable of identifying concealed narcotics and toxic compounds.
Major players operating in the global medical gas analyzers market are Airgas, Novair medical, Fluke Inc., Matheson Tri-Gas, Praxair, The Linde Group, and Air Products and Chemicals Inc.
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Medical Gas Analyzers Market Taxonomy:
The global medical gas analyzers market is segmented on the basis of analyzer type, by technology, end user, and geography
On the basis of analyzer type, the global medical gas analyzers market is segmented into:
- Single Gas Analyzer
- Multiple Gas Analyzer
On the basis of technology, the global medical gas analyzers market is segmented into:
- Optical
- Infrared
- Electrochemical
On the basis of end user, global medical gas analyzers market is segmented into:
- Hospitals
- Ambulatory surgical centers
- Diagnostic Centers
- Research Institutes and Laboratories
- Others
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