The North America medical gas outlet market size is projected to reach US$ 121.97 million by 2031 from US$ 88.93 million in 2023. The market is expected to register a CAGR of 4.0% during 2023–2031. The focus on safer, user-friendly, and sustainable designs is likely to be a key trend in the North America medical gas outlet market in the coming years.
The increasing number of surgical procedures and regulatory emphasis on patient safety are the major factors driving the growth of North America medical gas outlet market. Additionally, the emergence of home healthcare and R&D in medical gas application are further expected to contribute the market growth in the future. Moreover, innovations to support universal design and automatic functionality are expected to create ample opportunities in the North America medical gas outlet market during the forecast period.
The North America medical gas outlet market is anticipated to experience significant growth owing to continuous developments in healthcare infrastructure, increasing incidence of chronic diseases, and innovations in medical technology in major countries in the region. The increasing demand for hospitals, surgical centers, and long-term care facilities, accompanied by a growing elderly population, propels the demand for reliable and efficient medical gas systems. Additionally, innovations in medical gas system designs and a surge in the awareness of healthcare facility designs are likely to provide growth opportunities for both existing market players and new entrants.
According to an article published by the American College of Surgeons Foundation in July 2023, ~4 million patients undergo emergency general surgery every year, which constitutes nearly 11% of all surgical procedures and ~25% of total inpatient costs. As per an article published in the National Library of Medicine in January 2023, ~20 million people in the US had gallstones, and ~300,000 cholecystectomies were reported to be performed annually among them. Cholecystectomies involve insufflation of medical carbon dioxide into the peritoneal cavity. Various manufacturers, including Pattons Inc. and BeaconMedaes, operating in North America, offer medical gas outlets for hospitals, operating rooms, and ambulatory centers where major and minor surgical procedures are performed. Gemini Medical Gas Outlets by BeaconMedaes provide a dependable and user-friendly solution for delivering medical gases in healthcare environments, such as operation theaters. Therefore, a surge in elective and emergency surgeries, along with advancements in minimally invasive surgical techniques, underlines the need for reliable and efficient medical gas outlets in healthcare facilities in North America.
Medical gas outlets act as a significant advancement that empowers researchers' efforts to study cellular activity, especially in neurobiology and cardiology. A few of the noteworthy improvements in the medical gas systems that expand their role in the field of research are mentioned below:
Innovations in Gas Outlet Design: Advancements in outlet design make medical gas outlet systems more user-friendly and easy to maintain. These include universal outlets that accept various connector types, as well as outlets that are easy to wipe and disinfect. For example, universal medical gas outlets offered by Powerex are fully interchangeable with its most common rough-in designs, allowing for quick and easy conversion between connection styles. GENSTAR TECHNOLOGIES, a global provider of high-quality medical gas outlets and other gas accessories, offers outlets with universal connections, which make them compatible and quickly connectible with Ohmeda, Chemetron, or Puritan-Bennett connections, and DISS gas-specific adapters.
Integration with Existing Advanced Technologies: Medical gas systems can be integrated with new technologies such as automatic changeover systems and advanced alarm systems. Automatic changeover systems allow for a seamless transition of gas supply from a primary source to a secondary source upon exhaustion of the primary source, ensuring an uninterrupted supply of medical gases. Additionally, modern medical gas systems equipped with advanced alarm systems provide immediate alerts regarding any issue in the system, including a drop in gas pressure or a decrease in gas levels. Moreover, some system variants can generate e-mails or text messages, and send notifications remotely to the designated staff.
Thus, technological advancements in medical gas outlets to support universal design and smart operations are anticipated to offer lucrative growth opportunities for the North America medical gas outlet market players during the forecast period.
Key segments that contributed to the derivation of the North America medical gas outlet market analysis are product type, biomarker type, indication, and end user.
The geographic scope of the North America medical gas outlet market report is mainly divided into three countries: US, Canada, and Mexico. The market growth in North America is ascribed to the surging prevalence of chronic diseases, expanding healthcare infrastructure, and growing advancements in medical gas delivery systems. The presence of prime manufacturers and their distributors across the region also benefits the market. Medical gas outlets are essential in healthcare settings, especially hospitals, clinics, and various medical facilities. Gas outlets serve as connections to provide critical medical gases that are essential in treatment and diagnostics. The utilization of medical gas outlets is increasing due to the burgeoning demand for medical gases in healthcare facilities across the US to treat prevalent diseases and trauma injuries as well as to induce anesthesia in surgical procedures. In 2020, there were 925,000 visits to the emergency department due to COPD, which translates to a rate of 279.1 visits per 100,000 people in the population of the US.
The growing incidence of respiratory diseases such as COPD and asthma highlights the importance of medical gases such as oxygen. Market players such as Tri-Tech Medical, Pattons Inc, and Allied Healthcare Products, Inc. offer a diverse range of medical gas outlets for various applications. Easy access and availability of products are contributing to the growing US medical gas outlets market size.
The regional trends and factors influencing the North America Medical Gas Outlet Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses North America Medical Gas Outlet Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 88.93 Million |
Market Size by 2031 | US$ 121.97 Million |
Global CAGR (2023 - 2031) | 4.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The North America Medical Gas Outlet Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the North America Medical Gas Outlet Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The “North America Medical Gas Outlet Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:
The List of Companies - North America Medical Gas Outlet Market
By modality type, the market is segmented into wall mounted, console mounted, and others. The wall mounted segment held the largest share of the market in 2023.
Based on product type, the North America medical gas outlet market is divided into single connection and dual connection. The single connection segment held the largest market share in 2023.
In terms of end user, the market is segmented into hospitals and clinics, home healthcare, and others. The hospitals and clinics segment held the largest market share in 2023.
The US has dominated the medical gas outlet market owing to increasing demand for medical gases in US healthcare facilities to treat prevalent diseases and trauma injuries and induce anesthesia in surgical procedures along with growing presence of market players in the country.
The increasing number of surgical procedures and regulatory emphasis on patient safety are the key driving factors behind the market development.
The medical gas outlet market majorly consists of the players such BPR Medical, Amico Corporation, NOVAIR SAS, Amcaremed Medical, Pattons Medical, BeaconMedaes, Dragerwerk AG & Co KGaA, Allied Medical LLC, Ohio Medical, Tri-Tech Medical, and Genstar Technologies Company Inc..
Medical gas outlets are devices used in health establishments to provide access to medical gases (such as oxygen, nitrous oxide, compressed air, vacuum, etc.) through pipelines. These are highly essential in hospitals, clinics, and other medical facilities. The outlet is one of the most important components, as it allows medical staff to easily connect medical equipment (such as ventilators, anesthesia machines, or oxygen concentrators) to a continuous supply of gas.