The development prospects of medical gases and equipment in Asia

The development prospects of medical gases and equipment in Asia

Medical gas is the gas used in the medical industry indirectly or directly. Medical gas equipment refers to the equipment used to produce medical gas. In addition, medical gas is mainly used as a coolant and disinfectant directly in patients or medical procedures.

　　 The global medical gas can be divided into two parts: medical pure gas and medical mixed gas. There are mainly 6 kinds of medical pure gases, namely medical air, carbon dioxide, oxygen, nitrogen, nitrous oxide and helium; there are mainly 10 kinds of medical mixed gases, namely: carbon dioxide-oxygen mixture, nitrous oxide-oxygen mixture, ring Ethylene oxide, ethylene oxide and HCFC-124 mixture, helium oxygen mixture, aerobic mixture, anaerobic mixture, blood gas mixture, laser gas mixture, lung gas mixture.

　　 The global medical gas equipment market can be divided into 10 categories, namely, manifolds, vent pipes, integrated hoses and accessories, alarm systems, gas cylinders and accessories, flow meters, monitoring systems, medical air compressors, vacuum systems and masks.

　　 The global medical gas and equipment market can be divided into North America, Europe, Asia and other regions of the world according to geographic distribution. This article mainly introduces major Asian markets.

　　 The compound annual growth rate of the global medical gas and equipment market from 2012 to 2018 is expected to expand by 8%, and gas suppliers can enjoy a promising continuous growth prospect. A recent report by Transparency Market Research Corporation (TMR), a US market research and consulting organization, shows that the market’s expected value will rise to 9 billion US dollars in 2018, an increase of more than 40% from the 5.3 billion US dollars in 2011, and in 2020 Reached 5.3 billion.

　　 The Asian medical gas and equipment market is attracting more and more attention, thanks to its growth rate, which is higher than all other regions. "It may be fully in line with an extraordinary growth, with a compound annual growth rate of 9.2% from 2012 to 2018." According to TMR. In countries such as China and India with a larger population base and a higher incidence of lung diseases, there is a very good market for medical gases and equipment.

　　 1. China

　　 China's huge population and economic growth have attracted many medical gas and equipment suppliers to invest and explore development opportunities, such as Linde in Germany, Air Liquide in France, and Dayo Nippon Acid in Japan, etc.

　　 Linde has determined that there will be a huge demand for oxygen and respiratory therapy in China in the next few years, not only because of pollution problems in its major cities, but also because of a high proportion of smokers. Linde acquired American home care and respiratory services company Lincare in 2012 and is actively preparing to enter China. But the company currently lacks a license to provide medical services to families in China.

　　 2. India

　　 According to the World Health Organization (WHO), in low- and middle-income countries, such as India, nearly 90% of deaths are currently caused by chronic obstructive pulmonary disease (COPD). Precipitating factors such as: smoking, indoor air pollution (from stove fire), outdoor air pollution, occupational chemical exposure and childhood lung infections, etc.

　　 At present, the Indian government has increased its investment in medical institutions and plans to substantially increase the number of available beds in hospitals across the country. India's huge labor base and economic development are also the main contributors to the growth of India's medical gas and equipment. India’s medical gas and equipment market is expected to grow at a compound annual growth rate of about 15% before 2019, and there will be a significant double increase after 2019.

　　 At present, INOX Air Products Co., Ltd. will maintain its leading position in the domestic medical gas market in India. India's medical gas market is highly controlled by regional specific units, and they have formed strong competition with multinational companies. At present, in India, the demand for medical gas equipment is also very strong, especially for medical oxygen generating devices.