Medical Nitrous Oxide Market Size is valued at USD 1.76 Bn in 2023 and is predicted to reach USD 3.03 Bn by the year 2031 at a 7.22% CAGR during the forecast period for 2024-2031.
Medical nitrous oxide, often known as N2O, is a colourless and odourless gas that has been utilized in medical settings for over a century. It is popularly referred to as "laughing gas" because of the euphoric effects it produces when inhaled in small doses. Nitrous oxide is used in medicine to relieve pain and provide anaesthesia during procedures. Nitrous oxide has weak anaesthetic effects, offering pain relief and mild drowsiness when inhaled in controlled quantities. It is frequently used as an adjunctive medication alongside other anaesthetics to give balanced anaesthesia during surgical procedures.
Nitrous oxide is regarded for its analgesic properties, which reduce pain and suffering during medical treatments. It affects the central nervous system, modulating pain perception and decreasing the severity of painful stimuli. One of the primary advantages of nitrous oxide is its quick onset and offset of action. It takes effect within minutes of inhalation and is quickly removed from the body after withdrawal, giving you exact control over the depth and duration of anaesthesia. Pain management and patient comfort are becoming increasingly important in healthcare settings. Medical nitrous oxide is valued for its rapid onset and duration of action, making it a popular choice for pain management during various medical operations.
Advances in nitrous oxide delivery systems and equipment improve the safety, precision, and efficiency of nitrous oxide administration. Modern equipment enables the exact control of nitrous oxide concentrations, which leads to better patient outcomes and satisfaction. Nitrous oxide is increasingly employed in various medical professions, including dentistry, obstetrics, emergency medicine, and outpatient surgery. Its adaptability and efficiency make it a useful tool in various healthcare settings. Healthcare professionals and patients are becoming more familiar of the benefits & risks associated with medical nitrous oxide. As more evidence supports its usefulness and safety, nitrous oxide is becoming a popular pain treatment and anaesthetic choice.
The Medical Nitrous Oxide Market is segmented by product, Application and end user. According to the Product segment, the market is segmented into gaseous and liquid stateste. By Application, the market is segmented into anaesthesia and pain relief, cryosurgery, and surgical insufflation. The end user segment comprises hospitals, home healthcare, and academic & research institutions.
The anaesthetic and pain relief section emerged as the dominant category, accounting for the highest market share. The dominance of anaesthesia and pain relief applications in the medical nitrous oxide market is attributed to their critical roles in surgical and medical procedures. Nitrous oxide, known for its anaesthetic and analgesic qualities, is widely used in healthcare settings due to its ability to induce conscious sedation and relieve pain during various medical treatments. This dominance is obvious in the widespread use of nitrous oxide by healthcare professionals, who take advantage of its ability to offer quick and regulated sedation, considerably improving patient comfort and procedure outcomes.
The home healthcare segment is predicted to increase the most. This is primarily due to changing healthcare trends and a rising preference for healthcare services provided in the comfort of patients' homes. Medical nitrous gas is becoming increasingly used in home healthcare settings as a pain treatment and some medical procedures outside of regular healthcare institutions. The convenience, flexibility, and personalized nature of home healthcare contribute to the significant growth of the medical nitrous oxide market in this category.
North America was the main regional market for nitrous oxide in 2022, accounting for the majority of sales. The growing demand for nitrous oxide from various industries, including automotive, food and beverage, and healthcare, is driving market expansion. As the prevalence of chronic diseases in the region has risen, so has the demand for medical-grade nitrous oxide, which is used for anaesthesia and pain relief. Furthermore, the Asia Pacific market is estimated to have the highest revenue CAGR throughout the projected period, owing to the region's rapid expansion and urbanization. The growth of the food & beverage industries in nations such as China and India is increasing regional demand for nitrous oxide. The rising usage of nitrous oxide in the automobile industry to improve engine performance and reduce emissions is driving the regional market forward.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 1.76 Bn |
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Revenue Forecast In 2031 |
USD 3.03 Bn |
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Growth Rate CAGR |
CAGR of 7.22% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn, Volume (KT) and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, Application, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
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Competitive Landscape |
Southern Gas Limited (India), Jiangsu Huazhong Gas Co., Ltd. (China), American Welding & Gas (US), Carbide and Chemicals (India), nexAir (US), Air Liquide (Paris), Linde plc (Ireland), Messer SE & CO. KGAA (Germany), SOL SpA (Italy), Chengdu Taiyu Industrial Gases Co., Ltd. (China), Oxygen & Argon Works Ltd (Israel), Matheson Tri-Gas Inc. (US), CalOx (US), Steelman Gases Pvt. Ltd. (India), Earlbeck Gases & Technology (US), Ellenbarrie Industrial Gases (India), Norco Inc. (US), Gulf Cryo (UAE), and other prominent players |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Medical Nitrous Oxide Market Snapshot
Chapter 4. Global Medical Nitrous Oxide Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Estimates & Trend Analysis
5.1. by Product & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product
5.2.1. Gaseous State
5.2.2. Liquid State
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application;
6.2.1. Anesthesia and Pain Relief
6.2.2. Cryosurgery
6.2.3. Surgical Insufflation
Chapter 7. Market Segmentation 3: by End User Estimates & Trend Analysis
7.1. by End User & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End User:
7.2.1. Hospitals
7.2.2. Home Healthcare
7.2.3. Academic & Research Institutions
Chapter 8. Medical Nitrous Oxide Market Segmentation 6: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2019-2031
8.1.2. North America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2019-2031
8.1.3. North America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End User, 2019-2031
8.1.4. North America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
8.2. Europe
8.2.1. Europe Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2019-2031
8.2.2. Europe Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2019-2031
8.2.3. Europe Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End User, 2019-2031
8.2.4. Europe Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2019-2031
8.3.2. Asia Pacific Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2019-2031
8.3.3. Asia-Pacific Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End User, 2019-2031
8.3.4. Asia Pacific Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
8.4. Latin America
8.4.1. Latin America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2019-2031
8.4.2. Latin America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2019-2031
8.4.3. Latin America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End User, 2019-2031
8.4.4. Latin America Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
8.5. Middle East & Africa
8.5.1. Middle East & Africa Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2019-2031
8.5.2. Middle East & Africa Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2019-2031
8.5.3. Middle East & Africa Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End User, 2019-2031
8.5.4. Middle East & Africa Medical Nitrous Oxide Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Air Liquide (Airgas)
9.2.2. Air Products
9.2.3. American Welding & Gas.
9.2.4. Calox
9.2.5. Carbide And Chemicals
9.2.6. Chengdu Taiyu Industrial Gases Co., Ltd.
9.2.7. Earlbeck Gases & Technologies
9.2.8. Ellenbarrie Industrial Gases.
9.2.9. Gulf Cryo
9.2.10. Jiangsu Huazhong Gas Co., Ltd.
9.2.11. Linde Plc
9.2.12. Matheson Tri-Gas,Inc
9.2.13. Messer Se & Co. Kgaa
9.2.14. Nexair
9.2.15. Norco Inc.
9.2.16. Oxygen & Argon Works Ltd
9.2.17. Sol Spa
9.2.18. Southern Gas Limited
9.2.19. Steelman Gases Pvt. Ltd.
9.2.20. Taiyo Nippon Sanso Corporation
Medical Nitrous Oxide Market By Product
Medical Nitrous Oxide Market By Application
Medical Nitrous Oxide Market By End User
Medical Nitrous Oxide Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
