Report Overview

UAE Medical Gases Market - Industry Trends & Forecast Report, 2028

UAE medical gases market size is projected to grow at a CAGR of 7.8% during the forecast period between 2022 and 2028. A major growth driver for UAE medical gases market is the global increase in the prevalence of chronic diseases. Additionally, the expansion of the home healthcare industry and technological advancements are expected to accelerate domain development during the projection period. In addition, the rising incidence of preterm births and the rising prevalence of respiratory diseases, are both being fueled by rising pollution levels and tobacco smoking numbers. The domain size is expanding due to the active support of public organizations for the adoption of this equipment. Furthermore, the FDA recently announced an update to its CGMP regulations that includes new labeling, color, and design requirements for oxygen supply closures and compartments, to make them easily distinguishable and lower the risk of contamination.

UAE Medical Gases Market - Overview

Medical gases are used in drug processing, medicine, and a variety of biotechnology applications and healthcare services. A medical gas is a mixture of gases and pure gases used in a variety of medical processes. The key medical gases contained within the pharmaceutical phase are oxygen, hydrogen, ammonia, carbonic acid gas, nitrogen, B binary compound, and inhalation general anesthetic. Masks and cylinders for storing and delivering gas are among the medical gas instrumentation. Medical gas is critical to the operation of hospitals and other aid facilities.

Growth Drivers

Rising demand for expanding healthcare services

The demand for medical gases is driven due to the increasing prevalence of Chronic Respiratory Diseases (CRDs), such as pulmonary hypertension, chronic obstructive pulmonary disease, occupational lung diseases, and asthma. For instance, according to research, many people across UAE pass away from chronic obstructive pulmonary disease (COPD) each year. Additionally, asthma affects millions of people. These respiratory diseases are treated and diagnosed using medical gases like oxygen, lung gas mixtures, and helix. Furthermore, the aging, growing population who are more susceptible to chronic conditions. Due to weakened immune systems, the elderly people are more susceptible to chronic illnesses. The prevalence of respiratory conditions has increased due to the significant rise in the geriatric population. Such data demonstrate how the market may eventually be driven throughout the forecast period due to the anticipated increase in oxygen supply demand.

Restraints

Shortage of medical gases such as helium

Various markets have indicated an impending global helium shortage. As a result, healthcare facilities are forced to use other alternatives, such as nitrogen, limiting the market potential of helium gas. While most of helium is extracted during natural gas extraction, market participants have expressed concerns about the cost implications of isolating and storing helium. Helium shortages first appeared in the market in the late 2000s and have persisted ever since. As the majority of current helium supply in the market is dependent on a few sources, relying on helium proves risky for market end-users.

Impact of COVID-19 on UAE Medical Gases Market

Medical gases are extremely important in the healthcare industry. Medical gases, particularly oxygen, were in high demand following the introduction of COVID-19. Medical oxygen has been identified as an important medicine in the treatment of coronavirus. However, with unexpectedly high demand from all regions, production and supply constraints were identified, resulting in a market shortage in 2020. Furthermore, as demand stabilized and suppliers expanded their manufacturing capabilities, an efficient demand-supply scenario in the industry is expected to emerge in the coming years. Even though coronavirus restrictions have limited several other applications of medical gases, healthcare facilities have reported a nearly 10% increase in supply, which is a boon to the industry. This trend is expected to continue in the industry in the short term until pandemic-related restrictions are implemented globally.

UAE Medical Gases Market

Segmental Coverage

UAE Medical Gases Market - By Product

UAE medical gases market by product is divided into Medical Gases and Medical Gas Equipment. Pure medical gases and medical gas mixtures are two additional sub-segments of medical gases. In terms of type and method of delivery, pure medical gases can be broken down into helium, carbon dioxide, oxygen, nitrogen, and nitrous oxide. Bulk delivery, high-pressure cylinders, and liquid cylinders are the different types of delivery. Laser-gas mixtures, lung diffusion mixtures, blood-gas mixtures, anaerobic gas mixtures, nitrous oxide-oxygen mixtures, aerobic gas mixtures, carbon dioxide-oxygen mixtures, ethylene oxide, and helium-oxygen mixtures are among the different types of medical gas mixtures. Medical gas equipment is further divided into gas delivery systems, oxygen concentrators, cryogenic products, and equipment accessories. Flowmeters, manifolds, optical hoses, regulators, vacuum systems, suction regulators, medical air compressors, outlets, monitoring systems (Alarms and Monitors), and valves with integrated pressure regulators are some of the equipment accessories that have been separated (VIPRS).

UAE Medical Gases Market - By Application

On basis of the application, UAE medical gases market is divided into Pharmaceutical Manufacturing and Research, Diagnostic Applications, Therapeutic Applications, and Others. Because of the wide range of medical gases used to treat and manage various disease conditions, the therapeutic application segment held the largest market share. Gases used for therapeutic purposes are classified as medicines and must adhere to strict purity and quality standards. The most common therapeutic gases are oxygen, medical air, nitric oxide, carbon dioxide, and helium-oxygen mixtures. From anesthesia to inhalation therapy, medical oxygen is widely used in all healthcare settings.

UAE Medical Gases Market - By End User

On basis of the application, UAE medical gases market is divided into Hospitals, Home Healthcare, Pharmaceutical and Biotechnology Companies, Academic and Research Institutions, Emergency Service Providers, and Others. The hospital segment dominated the industry. All commercially available medical gases, including carbon dioxide (CO2), oxygen (O2), nitrogen (N2), medicinal air, and nitrogen protoxide (N2O), are frequently used in hospitals. The high prevalence of medical procedures performed globally and the use of medical gases in surgical procedures, intensive care, and emergency response all contribute to the segment's dominance.

Competitive Landscape

Competition in UAE medical gases market is intense. Major companies in the market include Linde plc, SOL GROUP, Atlas Copco AB, GCE Group, Messer SE & Co. KGaA, Air Liquide, Amico Group, MATHESON TRI-GAS, INC., and Praxair Technology, Inc. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

By Product

• Medical Gases

• Medical Gas Equipment

By Application

• Pharmaceutical Manufacturing and Research

• Diagnostic Applications

• Therapeutic Applications

• Others

By End User

• Hospitals

• Home Healthcare

• Pharmaceutical and Biotechnology Companies

• Academic and Research Institutions

• Emergency Service Providers

• Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. UAE Medical Gases Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing Prevalence of Diseases
         2. Rising Medical Infrastructure
         3. Surging Demand for Medical Gases
      2. Restraints
         1. High Cost of Medical Gases
      3. Opportunities
         1. Rising Government Funding
         2. High Demand for Point-Of-Care Products
      4. Challenges
         1. Shortage of Medical Gases Such as Helium
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. UAE Medical Gases Market Overview
   1. Market Size & Forecast, by Value, 2018–2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Product
         1. Medical Gases
         2. Medical Gas Equipment
      2. By Application
         1. Pharmaceutical Manufacturing and Research
         2. Diagnostic Applications
         3. Therapeutic Applications
         4. Others
      3. By End User
         1. Hospitals
         2. Home Healthcare
         3. Pharmaceutical and Biotechnology Companies
         4. Academic and Research Institutions
         5. Emergency Service Providers
         6. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Global Triethyl Citrate Company Market Share Analysis, 2021
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
6. Impact of Covid-19 on UAE Medical Gases Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT)
   1. ​Linde plc
   2. SOL GROUP
   3. Atlas Copco AB
   4. GCE Group
   5. Messer SE & Co. KGaA
   6. Air Liquide
   7. Amico Group
   8. MATHESON TRI-GAS, INC.
   9. Praxair Technology, Inc.
   10. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1        UAE Medical Gases Segmentation                                         

Figure 2        UAE Medical Gases Value Chain Analysis                                         

Figure 3        Company Market Share Analysis, 2021                                           

Figure 4        UAE Medical Gases Size, By Value (USD Million), 2018–2028               

Figure 5        UAE Medical Gases Share, By Product, By Value, 2018–2028               

Figure 6        UAE Medical Gases Share, By Application, By Value, 2018–2028

Figure 7        UAE Medical Gases Share, By End User, By Value, 2018–2028                                          

List of Tables

Table 1         UAE Medical Gases Size, By Product, By Value, 2018–2028

Table 2         UAE Medical Gases Size, By Application, By Value, 2018–2028

Table 3         UAE Medical Gases Size, By End User, By Value, 2018–2028

Table 4         Linde plc Company Overview

Table 5         Linde plc Financial Overview

Table 6         SOL GROUP Company Overview

Table 7         SOL GROUP Financial Overview

Table 8         Atlas Copco AB Company Overview

Table 9         Atlas Copco AB Financial Overview

Table 10        GCE Group Company Overview

Table 11        GCE Group Financial Overview

Table 12        Messer SE & Co. KGaA Company Overview

Table 13        Messer SE & Co. KGaA Financial Overview

Table 14        Air Liquide Company Overview

Table 15        Air Liquide Financial Overview

Table 16        Amico Group Company Overview

Table 17        Amico Group Financial Overview

Table 18        MATHESON TRI-GAS, INC Company Overview

Table 19        MATHESON TRI-GAS, INC. Financial Overview

Table 20        Praxair Technology, Inc. Company Overview

Table 25        Praxair Technology, Inc. Financial Overview