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Medical gas is a single or combination of gases that are centrally supplied by medical piping systems for the purposes of driving surgical tools and instruments, diagnosing, treating, or preventing patient ailments, among other uses. Medical vacuums and gases used in medical studies, as well as bacterial and embryonic cultures, are examples of applications. Anaesthetic gases, nitrogen, oxygen, air, vacuum, nitrous oxide, carbon dioxide, and so on are the most prevalent kinds of medicinal gases. Medical gases are utilized in a number of settings, such as clinics, emergency rooms, intensive care units, ambulances, and hospital operating rooms. Medical and health care development has led to an increase in the variety and demand for medical gases, as well as stricter standards for their quality and expanding applications in medical disciplines.
According to SPER Market Research, ‘Saudi Arabia Medical Gases Market Size- By Gas Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that Saudi Arabia Medical Gases market is estimated to reach USD 819.11 million by 2033 with a CAGR of 7.15%.
The Saudi Arabian market for medical gases is expanding rapidly due to a number of important factors. The most important of these is the government's large investment in healthcare infrastructure as part of Vision 2030, which intends to update and grow healthcare facilities nationwide. The development of new clinics and hospitals as a result of this program calls for sophisticated medical gas systems to support essential care operations. Medical gases are needed for long-term oxygen therapy and other therapies, and their demand has grown due to the increasing frequency of chronic conditions such asthma, sleep apnea, and chronic obstructive pulmonary disease (COPD). This demand is further increased by the aging population because these disorders are more common in elderly people.
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The Saudi Arabian market for medicinal gases is expanding, but it still confronts a number of important obstacles that could stop it in its tracks. One of the main issues is the strict regulatory framework. Entry and growth constraints, particularly for smaller firms, arise from the significant expenditure required in quality control and certification procedures to comply with worldwide safety regulations and the requirements set by the Saudi Food and Drug Authority (SFDA). Modern gas distribution technologies may not be widely adopted in smaller healthcare facilities due to the high initial investment and continuing operating costs. Because the medical gases sector depends on a convoluted worldwide supply chain, it is susceptible to natural disasters, geopolitical unrest, and other unanticipated circumstances that may cause medical gas shortages and delivery delays.
Although there are significant regional differences in the Saudi Arabian medical gases market, the Central Region—especially Riyadh—emerges as the leading hub. Some of the key players are - Linde Saudi Industrial Gas Company (SIGAS), Air Products Middle East, Gulf Cryo Saudi Arabia, VitalAire Saudi Arabia, Southern Gas Limited.
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Saudi Arabia Medical Gases Market Size
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