Printer Friendly

Global Specialty Gases Market for Healthcare Industry to Grow at a CAGR of 7% by 2021, Research and Markets Forecasts.

M2 PHARMA-May 18, 2017-Global Specialty Gases Market for Healthcare Industry to Grow at a CAGR of 7% by 2021, Research and Markets Forecasts


- The global specialty gases market for healthcare industry to grow at a CAGR of 7.46% during the period 2017-2021, according to a report from Dublin-based Research and Markets.

According to the report, one driver in market is booming pharmaceutical and healthcare sectors.

The global healthcare sector is primarily driven by the changing lifestyles, aging population, unhealthy eating habits, and an increase in the occurrence of chronic diseases across the globe.

Specialty gases are crucial in the pharmaceutical industry. Pharmaceutical-grade specialty gases are expected to be highly compliant with the pharmacopeia standards.

High-purity specialty gases are prominent in this sector as the pharmaceutical and healthcare industries are focused on patient safety.

In addition, the current pharmaceutical sector is undergoing a shift in its manufacturing processes.

Continuous processing and freeze drying techniques are expected to take over pharmaceutical manufacturing over the decade.

Lyophilization, inerting, purging, blanketing, reactor cooling, solvent recovery, and reduction of VOCs are some of the applications of specialty gases in the pharmaceutical industry.

Key players in this market include Air Liquide, Air Products and Chemicals, The Linde Group, Messer Group and Praxair Technology.

((Comments on this story may be sent to

COPYRIGHT 2017 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 Pharma
Date:May 18, 2017
Previous Article:Just 28% of US Physicians Approve of "Trumpcare," InCrowd Survey Finds.
Next Article:Radiation Oncology Market to Reach USD 10bn by 2025, Research and Markets Forecasts.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters