MEDICAL NITROUS OXIDE DELIVERY SYSTEMS MARKET ANALYSIS

Regional Analysis

Global Medical Nitrous Oxide Delivery Systems Market – Regional Analysis

On the basis of region, the global medical nitrous oxide delivery systems market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is projected to dominate global medical nitrous oxide delivery systems market during forecast period owing to investments in research and development. For instance, the U.S. National Library of Medicine in 2016 stated that the New York City Health and Hospitals Corporation completed clinical trial on high-concentration continuous flow nitrous oxide delivery systems use for procedure-induced pain or anxiety during dentistry and surgery procedures. Key players in the region are Praxair Technology, Inc. and Matheson Tri-Gas, Inc.

Moreover, the growing prevalence of heart disease, pulmonary disease, diabetes in Europe is expected to favor growth of the market during forecast period. Advancements in research and development are also driving the growth of the market in Europe. For instance, according to the EU Clinical Trial Register, in 2016, Air Liquide Santé International initiated the study of equimolar mixture of oxygen and nitrous oxide delivery systems (EMONO) for the treatment of peripheral neuropathic pain, a randomised, international, multicentre, placebo–controlled, phenotype–stratified and completed its phase IIa. Key players in the region are Air Liquide S.A, SOL SpA, and Merck KGaA.

Furthermore, Asia pacific is expected to witness significant growth in the medical nitrous oxide delivery systems market due to wide applications of nitrous oxide delivery systems in medical and non-medical industries. Asia Pacific is home to industries in various sectors such as electronics, pharmaceutical. In 2015, The Messer Group GmbH, a supplier of industrial gases, commissioned its new US$ 37.41 million, specialty gas plant in Suzhou, eastern China.

Key players in region are Taiyo Nippon Sanso Corporation, Promas Engineers Pvt. Ltd, and S.S. Gas Lab Asia Pvt. Ltd.