Medical Gas Analyzers Market Size, Share and COVID-19 Impact Analysis, By Type (Single Gas Analyzer and Multiple Gas Analyzer), By Modality (Portable and Table-Top), By End User (Hospitals & Ambulatory Surgical Centers, Clinics, and Others), and Regional Forecast, 2025-2032

Medical gases such as oxygen, nitrogen, carbon monoxide (CO), and carbon dioxide (CO2) are used in surgical treatments and anesthesia procedures across hospitals and healthcare settings. These gases are administered through inhalation, ingestion of hydrogen water, or injections with saturated saline in the patients. Medical gas analyzers or monitors are designed to continuously measure the quality of piped medical gases in hospitals during medical therapies. Also, analyzers are used in respiratory monitoring among patients and for detecting trace gases for diagnostic purposes.

A need for safety and patient risk reduction through respiratory gas analysis and quantification of volatile organic and inorganic impurities of medical gases has driven medical gas analysis. Thus, significant applications of medical gas analyzers include intensive units of hospitals, ambulatory surgical centers, and healthcare research laboratories, among others.

Thus, the rising number of surgeries, the need for respiratory monitoring in hospitals & clinics, and the increasing demand for medical analyzers in research settings are key factors driving the market growth. Moreover, technological advancements in medical analyzers, such as electrochemical sensors and the adoption of new technologies in healthcare settings, are expected to boost the adoption of medical gas analyzers, further augmenting market growth.

Real-time or continuous analysis by analyzers of emission monitoring enhances patient safety and maintains environmental compliance. However, low awareness of the functionality of medical gas analyzers across emerging nations may hinder the market growth.

Impact of COVID-19 on the Medical Gas Analyzers Market

The COVID-19 pandemic had substantially impacted the market for medical gas analyzers. The travel restrictions and temporary lockdowns imposed by the government have led to a decline in the number of anesthetic, and surgical procedures. The market growth was affected due to the significant COVID-19 pandemic impact on non-urgent surgeries and fewer patients seeking treatment at hospitals for non-urgent disorders. Similarly, the adoption of piped oxygen supply to patients was limited due to the high chances of septic infections, further lowering the use of gas analyzers. Furthermore, medical gas analyzers at research laboratories or standalone clinics decreased due to COVID-19 pandemic restrictions.

However, there was extensive use of existing analyzers in hospital settings in intensive care units for respiratory or oxygen-required surgeries. The usage of gas analyzers was high due to high oxygen demand among the COVID-19-infected patients admitted to hospitals. Also, the resumption of post-pandemic anesthetic surgeries had led to more considerable demand for these devices and helped the market to grow on favorable terms.

Key Insights

The report will cover the following key insights:

• Number of Surgical Procedures, by Key Countries, 2022.
• Technological Advancements in Medical Gas Analyzers.
• Recent Product Launches, By Key Players.
• Key Industry Developments – Partnerships, Mergers and Acquisitions.
• Impact of COVID-19 on the Market.

Analysis by Type:

Based on the type, the market is segmented into the single gas analyzer and multiple gas analyzer. The single gas analyzers are expected to grow at the highest CAGR owing to rising demand for oxygen therapy for patients in hospitals, rising anesthetic procedures across the globe, and high adoption of single gas analyzers in intensive care units. Moreover, the rising product launches by key players in medical gas analyzers will further augment segment growth.

• For instance, in February 2022, HORIBA, Ltd., launched HyEVO, a hydrogen gas analyzer that enables the continuous measurement of hydrogen concentration in gases.

Regional Analysis:

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North America is anticipated to lead the global medical gas analyzer market with a significant revenue share and is expected to flourish prominently during the analysis period. The region's significant growth is mainly attributed to the rising number of anesthetic and surgical procedures with necessary oxygen interventions among the North America population and the high adoption of medical gas analyzers in the rising number of hospitals. Moreover, rising collaborations and acquisitions among key players in medical gas analyzers to introduce advanced products in North America will further propel regional growth.

• According to an article published by STAT in February 2021, on average, 15.0% to 20.0% of hospital patients might require respiratory support such as oxygen in the U.S.

Key Players Covered:

The report will include key players such as MEECO1, Process Sensing Technologies PST, Chemtron Science Laboratories Private Limited, Fluke, Drägerwerk AG & Co. KgaA, Maxtec., NOVAIR MEDICAL, Roscid Technologies, QED ENVIRONMENTAL SYSTEMS, Systech Illinois and other prominent players.

Segmentation

Key Industry Developments

• July 2021: HORIBA, Ltd., announced the development of an innovative proprietary gas analysis technology called InfraRed Laser Absorption Modulation (IRLAM). The IRLAM utilizes HORIBA's gas measurement technologies that enable real-time measurement of gases that were difficult to measure with conventional infrared gas analysis technologies.
• October 2021: the QED ENVIRONMENTAL SYSTEMS launched the QED Viasensor G100 analyzer designed to monitor CO2 gas for the verification of incubators in IVF, medical, research and other pharmaceutical markets.
• In January 2021, ENVEA India launched its new portable multi-gas analyzer, MIR 9000P, designed to meet the specific needs of regulatory and periodic stack emission monitoring and help the user save time along their on-site day.