Asia Pacific Medical Gas Equipment Market Overview
According to SPER Market Research, the Asia Pacific Medical Gas Equipment Market is estimated to grow with a CAGR of 8.9% by 2033.
Medical gas equipment refers to a range of devices and systems used in healthcare settings for the storage, delivery, and administration of medical gases. These gases, such as oxygen, nitrogen, carbon dioxide, and nitrous oxide, are essential for various medical procedures, including anaesthesia, respiratory therapy, and surgical interventions. Medical gas equipment includes devices such as oxygen concentrators, cylinders, flowmeters, regulators, vacuum systems, anaesthesia machines, and ventilators. These equipment ensures the safe and accurate delivery of medical gases to patients, supporting their respiratory function and overall medical care.
Exploring the Growth Drivers of the Asia Pacific Medical Gas Equipment Industry.
The Asia Pacific medical gas equipment industry is driven by several factors. Firstly, the increasing demand for healthcare services and infrastructure development leads to a higher need for medical gas equipment in hospitals and clinics. Additionally, the growing aging population in the region, prone to chronic diseases, fuels the demand for medical gas equipment for respiratory support, anaesthesia, and critical care. Technological advancements in the industry, including more efficient and user-friendly devices, contribute to market growth. Government initiatives and investments in healthcare infrastructure further drive the procurement of medical gas equipment. Finally, the rising awareness of patient safety and infection control promotes the use of reliable and compliant medical gas equipment, increasing the demand for advanced solutions.
What challenges does the Asia Pacific Medical Gas Equipment Market face?
The Asia Pacific Medical Gas Equipment Market faces challenges including cost constraints, infrastructure limitations, regulatory compliance, and a lack of skilled workforce. Limited budgets for equipment acquisition and maintenance, inadequate power supply and infrastructure in remote areas, stringent regulatory standards, and a shortage of trained personnel impact the market's growth. Overcoming these challenges requires addressing cost considerations, improving infrastructure, streamlining regulations, and investing in training programs to ensure the safe and effective use of medical gas equipment.
In what ways has the COVID-19 pandemic affected Asia Pacific Medical Gas Equipment Market?
The COVID-19 pandemic significantly impacted the Asia Pacific Medical Gas Equipment Market. Increased demand for oxygen, supply chain disruptions, a focus on ventilation and critical care, safety measures, and accelerated innovation were key effects. The surge in respiratory cases led to a heightened need for medical oxygen equipment. Global supply chains faced delays and shortages. Healthcare facilities prioritized ventilators and anaesthesia delivery systems. Safety protocols included improved ventilation and integrated safety features. Manufacturers innovated respiratory support systems and portable oxygen devices. These developments reflected the urgency to address healthcare challenges and adapt to the evolving needs of COVID-19 patients.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By End Use
|
| Regions covered | Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand, Vietnam, Rest of Asia-Pacific
|
| Companies Covered | Air Liquide S.A., Allied Healthcare Products, Inc., Amico Group of Companies, Atlas Copco AB, Drägerwerk AG & Co. KGaA, Enovis Corporation, GCE Holding AB (ESAB Corporation), Genstar Technologies Company Inc., GENTEC (Shanghai) Corporation, Linde PLC, Powerex, Rotarex S.A., Taiyo Nippon Sanso Corporation, Others.
|
Key Target Audience
- Government and Regulatory Authorities
- Healthcare Investors and Venture Capitalists
- Healthcare Professionals
- Hospitals and Clinics
- Medical Gas Associations and Industry Groups
- Medical Gas Consultants
- Medical Gas Equipment Maintenance and Service Providers
- Medical Gas Manufacturers and Suppliers
- Research and Academic Institutions
Asia Pacific Medical Gas Equipment Market Segmentation:
1. By Product:
- Asia Pacific Medical Gas Equipment Market Value Share and Forecast, By Product, 2023-2033
- Alarm Systems
- Cylinders & Accessories
- Flowmeters
- Hose Assemblies & Valves
- Manifolds
- Masks
- Medical Air Compressors
- Outlets
- Regulators
- Vacuum Systems/Pumps
2. By End Use:
- Asia Pacific Medical Gas Equipment Market Value Share and Forecast, By End Use, 2023-2033
- Academic & Research Institutions
- Ambulatory Surgical Centers
- Diagnostic & Research Laboratories
- Home Healthcare
- Hospitals
- Pharmaceutical & Biotechnology Companies
3. By Region:
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Thailand
- Vietnam
- Rest of Asia-Pacific
Key Topics Covered in the Report
- Asia Pacific Medical Gas Equipment Market Size (FY’2023-FY’2033)
- Outline of Asia Pacific Medical Gas Equipment Market
- Segmentation of Asia Pacific Medical Gas Equipment Market By Product (Alarm Systems, Cylinders & Accessories, Flowmeters, Hose Assemblies & Valves, Manifolds, Masks, Medical Air Compressors, Outlets, Regulators, Vacuum Systems/Pumps)
- Segmentation of Asia Pacific Medical Gas Equipment Market By End Use (Academic & Research Institutions, Ambulatory Surgical Centers, Diagnostic & Research Laboratories, Home Healthcare, Hospitals, Pharmaceutical & Biotechnology Companies)
- Statistical view of Asia Pacific Medical Gas Equipment Market
- Analysis of the Growth of Asia Pacific Medical Gas Equipment Market
- Obstacles and Challenges in Asia Pacific Medical Gas Equipment Market
- Competitive Environment in the Asia Pacific Medical Gas Equipment Market
- Effect of COVID-19 on Asia Pacific Medical Gas Equipment Market
- Details on New Investment in Asia Pacific Medical Gas Equipment Market
- Competitive Analysis of Asia Pacific Medical Gas Equipment Market
- Key Participants in the Asia Pacific Medical Gas Equipment Market
- SWOT Analysis of Asia Pacific Medical Gas Equipment Market
- Asia Pacific Medical Gas Equipment Market Projected Outlook and Future (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Medical Gas Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Medical Gas Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Medical Gas Equipment Market
7. Asia Pacific Medical Gas Equipment Market, By Product (USD Million)
7.1. Asia Pacific Medical Gas Equipment Market Value Share and Forecast, By Product, 2023-2033
7.2. Alarm Systems
7.3. Cylinders & Accessories
7.4. Flowmeters
7.5. Hose Assemblies & Valves
7.6. Manifolds
7.7. Masks
7.8. Medical Air Compressors
7.9. Outlets
7.10. Regulators
7.11. Vacuum Systems/Pumps
8. Asia Pacific Medical Gas Equipment Market, By End Use (USD Million)
8.1. Asia Pacific Medical Gas Equipment Market Value Share and Forecast, By End Use, 2023-2033
8.2. Academic & Research Institutions
8.3. Ambulatory Surgical Centers
8.4. Diagnostic & Research Laboratories
8.5. Home Healthcare
8.6. Hospitals
8.7. Pharmaceutical & Biotechnology Companies
9. Asia Pacific Medical Gas Equipment Market Forecast, 2019-2033 (USD Million)
9.1. Asia Pacific Medical Gas Equipment Market Size and Market Share
10. Asia Pacific Medical Gas Equipment Market, By Product, 2019-2033 (USD Million)
10.1. Asia Pacific Medical Gas Equipment Market Size and Market Share By Product (2019-2026)
10.2. Asia Pacific Medical Gas Equipment Market Size and Market Share By Product (2027-2033)
11. Asia Pacific Medical Gas Equipment Market, By End Use, 2019-2033 (USD Million)
11.1. Asia Pacific Medical Gas Equipment Market Size and Market Share By End Use (2019-2026)
11.2. Asia Pacific Medical Gas Equipment Market Size and Market Share By End Use (2027-2033)
12. Asia Pacific Medical Gas Equipment Market, By Region, 2019-2033 (USD Million)
12.1. Asia Pacific Medical Gas Equipment Market Size and Market Share By Region (2019-2026)
12.2. Asia Pacific Medical Gas Equipment Market Size and Market Share By Region (2027-2033)
12.3. Australia
12.4. China
12.5. India
12.6. Indonesia
12.7. Japan
12.8. Malaysia
12.9. Philippines
12.10. Singapore
12.11. South Korea
12.12. Thailand
12.13. Vietnam
12.14. Rest of Asia-Pacific
13. Company Profile
13.1. Air Liquide S.A.
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Allied Healthcare Products, Inc.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Amico Group of Companies
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Atlas Copco AB
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Drägerwerk AG & Co. KGaA
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Enovis Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. GCE Holding AB (ESAB Corporation)
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Genstar Technologies Company Inc.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. GENTEC (Shanghai) Corporation
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Linde PLC
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Powerex
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Rotarex S.A.
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. Taiyo Nippon Sanso Corporation
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
