The Medical Gases and Equipment market size in the Middle East and Africa has been estimated at USD 1.57 Billion in 2022. It is projected to reach USD 2.35 Billion by 2027, at a CAGR of 8.41% during the forecast period from 2022 to 2027.
Some key factors that are driving the Medical gases-equipment market due to the rise in chronic diseases among the population. Increase in pollution levels, increase of respiratory disease cases, increase in tobacco usage, growing the preterm births incidences in society, care diagnostics center are increasing, and the health care centers are boosting the market shares. Moreover, the governments of MEA countries are taking new initiatives steps, which enhance the growth of the market.
However, factors such as helium gas shortage and inappropriate reimbursement policies are expected to hamper the growth rate to a small extent during the forecast period.
This research report on the MEA Medical Gases and Equipment Market has been segmented and sub-segmented into the following categories:
Geographically, The Medical Gases and Equipment market in the Middle East and Africa region is projected to grow at a moderate CAGR, which is greatly due to increasing healthcare awareness, rising healthcare expenditures, growth in the aging population, and growth in per capita income.
By geography, the growth of the medical gases and equipment market in this region is driven by the increase in the awareness of people's health in regions like the Middle East and Africa. In this region, there is a massive increase in per capita income, increasing the number of old citizens, and a rise in health expenditure. Saudi Arabia is the kingdom dominating the market and generating massive revenue in the Middle East Asia Medical Gases and equipment. But the point opposing the dominance is enhancing the public sector spending; the MoH (Ministry of Health) contributed a share of more than 60.0%. Over the forecast period, Qatar is anticipating the growth of medical gases and equipment. Witness in the allocation of budget increasement, expanding the medical facilitates like hospitals and clinics catering to the population increasement.
Air Products and Chemicals, Inc., The Linde Group, Air Liquide, Praxair, Inc., Taiyo Nippon Sanso Corp., SOL-SpA, Airgas, Inc., Atlas Copco, Messer Group, GCE Holding AB, Beacon Medaes, Medical Gas Solutions Ltd., Matheson Tri-Gas, Taiya Nippon Sanso, Atlas Copco, are the significant players of the Middle East and Africa Medical Gases and Equipment market.
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