- Single Gas Analyzer
- Multiple Gas Analyzer
Medical Gas Analyzer Market size was valued at USD 244.17 million in 2022 and is poised to grow at a CAGR of 3.9% from 2023-2029. Medical gas analysis is becoming an important aspect of patient safety, patient monitoring, diagnosis, and therapy. This application of technology to determine the constituents and quantify physiologic gases is increasing in importance. The report studies global medical gas analyzer market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. Various medical gases such as oxygen, carbon dioxide, nitrogen, nitrogen dioxide, nitrous oxide, and medical air etc. have become a fundamental part of hospitals and many other healthcare facilities.
Medical Gas Analyzer Market Key Developments:
In November 2017, Servomex has launched a new multi-gas analyzer offering up to four simultaneous digital gas stream measurements and configurable to a wide range of industrial gas and pharmacopeia applications.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the advancements of the technology is the key factor attributing the growth of the medical gas analyzer market. Growing count of the hospitals is another factor anticipating the growth of the market. Rising awareness among the healthcare providers regarding patient safety and monitoring is influencing the growth of the medical gas analyzer market. Increase in the incidence of the chronic respiratory diseases is enhancing the growth of the market. However, the stringent government regulations are hampering the growth of the medical gas analyzer market. Poor reimbursement policies are hindering the growth of the market.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.