Medical gas analyzer are devices used for detection, measurement and
qualitative & quantitative analysis of single or mixture of
medical gases. Five types of medical gases such as oxygen, carbon
dioxide, nitrogen, nitrous oxide and medical air are widely used in
hospitals and related healthcare industries. Single gas analyzer and
multiple gas analyzer are two common types of medical gas analyzer
used for analysis of medical gases.
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These medical gas analyzer detects, measures and analyze the
concentration of medical gases and their mixtures at different levels
using variety of gas sensing technologies such as electrochemical,
infrared, optical, etc. Analysis and monitoring of medical gases in
hospitals has become the integral and crucial part in patient
diagnosis, monitoring and therapeutics. The use of medical gas
analyzer in hospitals, and pharma and food industries is increasing
across the globe for the safety of patients, medical professionals
and operators in various healthcare facilities.
Increasing number of hospitals and healthcare reforms for safety
standards in developing countries across the globe are the factors
expected to drive the growth for global medical gas analyzer market.
New technologies have been developed for gas measurement such as
electrochemical, paramagnetic, and infrared sensor technology. These
technologies enable safer and quicker measurement of medical gases.
Companies are spending more on R&D activities in order to develop
products to measure trace levels of gases in the health care
industry. Companies by using different technologies in one single
device to measure multiple gases can target specific areas where
accuracy is important.
Paramagnetic and zirconia technologies for gas sensing are able to
deliver these results. Majority of players in the gas analyzer market
operate globally through strong distribution networks. Key players
are expanding their business in developing and less developed
countries through subsidiary companies and local distributors. The
incorporation of multiple gas sensing technologies in single device
to facilitate the analysis of multiple gases at a time lead to
increased cost of these device which restricts the growth of medical
gas analyzer market. Also lack of standardization to meet specific
and precise needs in healthcare facilities in developing and under
developed markets are the key restraints of global medical gas
analyzer market.
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Based on type of analyzer, global medical gas analyzer market is
segmented into single gas analyzer and multiple gas analyzer. Single
gas analyzer accounts for largest share of global medical gas
analyzer market. On the basis of gas sensing technology single gas
analyzer are further classified into electrochemical, optical and
infrared gas sensing technology. Owing to specific application of
electrochemical gas sensing technology towards analysis of oxygen and
nitrogen gas and its economic cost, electrochemical gas sensing
technology dominated the global medical gas analyzer market.
This segment is projected to gain its market share with highest
growth rate during given forecast period. By end-user, medical gas
analyzer market is segmented into hospitals, ambulatory surgery
centers, pharma and food industry and others. Medical gases have wide
applications in hospitals which represents the high potential for
medical gas analyzer. Hospital segment dominated the global medical
gas analyzer market whereas pharma and food industries are projected
to grow at exponential growth rate during forecast period. Both
hospitals and pharma & food Industries represents the most
attractive market for given forecast period owing to increasing
expenditure on healthcare infrastructure and increasing number of
hospitals and pharma and food industries, especially in developing
countries.
Geographically, the global medical gas analyzer market has been
segmented into five regions: North America, Europe, Latin America,
Asia Pacific, and Middle East and Africa. These regions have been
further segmented by countries, analyzer type and End-user segments.
The competition matrix section included in the report is likely to
assist the existing players to increase their market shares and new
companies to establish their presence in the global medical gas
analyzer market. The report also profiles major players in the market
based on various attributes such as company overview, financial
overview, SWOT analysis, key business strategies, product portfolio,
and recent developments. Major companies competing in the medical gas
analyzer market, and profiled in the report include Fluke Inc.,
Teledyne Technologies Incorporated, Servomex Group Limited,
Geotechnical Instruments (UK) Ltd., TSI Incorporated, Maxtec LLC,
WITT-GASETECHNIK GmbH & Co KG, Drägerwerk AG & Co. KGaA,
Sable Systems International, Systech Instruments Ltd. & Illinois
Instruments, Inc., Critical Environment Technologies Canada Inc., and
VISCIANO s.a.s.
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