The North America medical gas outlet market is expected to reach US$ 121.97 million by 2031 from US$ 88.93 million in 2023. The market is estimated to grow with a CAGR of 4.0% from 2023 to 2031.
The North America medical gas outlet market forecast presented in this report can help stakeholders in this marketplace plan their growth strategies. The increasing number of surgical procedures and regulatory emphasis on patient safety are the key factors propelling the North America medical gas outlet market growth.
Focus on Safer, User-Friendly, and Sustainable Designs
Medical gas outlets and terminals are continuously evolving, owing to the need for enhanced patient safety and operational efficiency. A few of the potential developments that are likely to trend in the North America medical gas outlets market in the future are as follows:
- Advanced safety features: Medical gas outlets and terminals are being studied for the incorporation of more sophisticated safety features. For instance, outlets may automatically shut off when not in use or detect incorrect connections to stop the gas flow immediately. Additionally, combining medical outlets with switch boxes is anticipated to regulate and monitor the flow of medical gases or vacuum supplies. This control would ensure the independent operation of the gas supply installed for the operation theater or other hospital wards from the overall gas supply or installations in hospitals.
- Integration with smart hospital systems: The seamless integration of medical gas outlets and terminals with other hospital systems would allow automatic adjustments according to a patient's needs based on their electronic health records and current health status.
- More sustainable practices: With the continued emphasis on eco-friendly practices, future developments are expected to focus on minimizing waste and reducing the environmental impact associated with medical gas systems.
- More user-friendly designs: Medical gas outlets are being studied to come up with designs with user-friendly interfaces, more precise indicators, and systems that simplify training and reduce the potential for human errors.
- 3D printing: Advancements in 3D printing technology would enable the creation of custom components for medical gas systems, permitting greater flexibility and potentially lowering costs.
With proper precautions, thorough testing, and regulatory pressure, these advanced technologies are expected to enhance healthcare outcomes, improve facility efficiency, and lead to new growth trends in the North America medical gas outlets market in the future.
Factor Hampering North American Medical Gas Outlet Market
Medical gas systems are essential for healthcare operations. However, these systems present certain safety risks if not managed properly. Safety concerns associated with these systems commonly arise from cross-connection risks, system leaks, incorrect gas pressure, and incorrect labeling and color coding. The risk of cross-connections is one of the most critical safety issues, where one type of gas is accidentally connected to another gas source. This can lead to administering the wrong gas to a patient, which may have life-threatening consequences. Leaks in the system are another issue related to improper gas outlet connection. A leak can reduce the supply of necessary gases, create potential fire hazards, or even lead to asphyxiation risks, depending on the type of gas involved. Further, if gas outlets are not correctly color-coded and labeled, or if staff is unfamiliar with the coding and labeling system, there is a risk of administering the wrong type of gas to patients. Such safety risks associated with faulty gas outlet design or miscommunications regarding coding or labeling can negatively impact their utilization in healthcare facilities, hampering the growth of North America medical gas outlets market.
- Based on product type, the North America medical gas outlet market is bifurcated into single connection and dual connection. The single connection segment held the larger market share in 2023 and register the higher CAGR during 2023–2031.
- Based on modality type, the North America medical gas outlets market is segmented into wall mounted, console mounted, and others. The wall mounted segment held a larger share in 2023 and is expected to register a higher CAGR during 2023–2031.
- Based on end user, the North America medical gas outlets market is divided into hospitals and clinics, home healthcare, and others. The hospitals and clinics segment held the largest market share in 2023 and is estimated to register the highest CAGR in the market during 2023–2031.
- By piping material, the market is segmented into copper, carbon steel, stainless steel, plastic, and others. The copper segment held the largest share of the market in 2023 and is estimated to register the highest CAGR in the market during 2023–2031.
A few of the major primary and secondary sources referred to while preparing the report on the North America medical gas outlet market are the World Bank Data, National Health Service (NHS), US Department of Health and Human Services (HHS), and WHO (World Health Organization).