Medical gases and equipment are the major element in the laboratories, medical centers, life sciences and long term care. Mergers and Acquisitions are a trend in the Medical Gases and Equipment Market Medical gases and equipment are used for the treatment and diagnosis of the various diseases. The global medical gases and equipment market is driven by factors, such as increasing healthcare expenditure, growing geriatric population, increasing prevalence of chronic and lifestyle associated diseases, rapid urbanization, increasing prevalence of respiratory diseases, increasing demand for home healthcare, and increasing prevalence of tobacco use.

During the past few years, the medical gases and equipment market witnessed an increase in the number of acquisition that are based on various strategic business reasons. These mergers and acquisitions are primarily aimed for product expansions, and improving its geographic presence. Also, the medical gases and equipment companies are actively involved in collaborations and partnerships, for providing medical gases and equipment globally. Most of these partnerships and collaborations are focused on improving geographic presence and to purchase medical gases.

Geographically, Asia-Pacific would be the fastest growing region in the global medical gases and equipment market during 2016 – 2022. The major reasons for the fastest growth of the market in the region include improving healthcare infrastructure, increasing prevalence of chronic diseases, and increasing geriatric population.

Some of the key companies operating in the global medical gases and equipment market include Air Products and Chemicals Inc., Linde Group, Air Liquide, Medical Gas Solutions, BeaconMedaes, Matheson Tri-Gas Inc., Taiyo Nippon Sanso Corporation, and Praxair Technology Inc.