Press Release

Medical Nitrous Oxide Market to Grow with a CAGR of 6.76% through 2029

Increasing Aging Population and Prevalence of Chronic Diseases are the major drivers for the Global Medical Nitrous Oxide Market. 


According to TechSci Research report, “Medical Nitrous Oxide Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global  Medical Nitrous Oxide Market was valued at USD 1.92 billion in 2023 and will see an impressive growth in the forecast period at a CAGR of 6.76% to 2029. This can be attributed to the awareness among individuals regarding Medical Nitrous Oxide which has led to a favorable market. With aging comes a higher likelihood of requiring surgical interventions for various conditions, including orthopedic issues, cardiovascular diseases, cancer treatments, and more. Many of these surgeries require anesthesia, and medical nitrous oxide is often used as an adjunctive agent to induce and maintain anesthesia during procedures.

Chronic diseases such as arthritis, fibromyalgia, and neuropathy often result in chronic pain that requires management. Medical nitrous oxide is used as an analgesic agent to provide relief from acute and chronic pain, particularly in outpatient settings and for minor procedures. As the population ages, there is an increased demand for dental care among older adults. Medical nitrous oxide is commonly used in geriatric dentistry to manage anxiety and pain during dental procedures, such as extractions, root canals, and periodontal treatments.

                                                                                             

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Nitrous oxide is sometimes abused for recreational purposes, particularly in the form of inhalants. This misuse can lead to harmful effects such as dizziness, loss of consciousness, and even death. The association of nitrous oxide with recreational use can contribute to negative perceptions and stigma surrounding its medical applications. Nitrous oxide has a history of recreational and non-medical use, which has contributed to misconceptions and stigma surrounding its safety and efficacy in medical settings. Despite its long-standing use as an anesthetic and analgesic agent, some individuals may still associate nitrous oxide with its recreational use and perceive it as unsafe or ineffective for medical purposes. There may be a lack of awareness among the public about the medical uses and benefits of nitrous oxide. Many people may not be familiar with its role in pain management, anaesthesia, and dental procedures, leading to misconceptions and misunderstanding about its safety and efficacy in clinical settings.


The Global Medical Nitrous Oxide Market is segmented into Type, Application, regional distribution, and company.

Based on its Application, Global Medical Nitrous Oxide Market is segmented into Hospitals (Labs and Clinics), Home Healthcare, Universities/Research Institutions. Home healthcare involving medical nitrous oxide refers to the provision of nitrous oxide therapy in a home setting under the supervision of healthcare professionals. While nitrous oxide therapy is more commonly administered in clinical settings such as hospitals, dental offices, and outpatient clinics, there are certain situations where home-based nitrous oxide therapy may be considered appropriate. Home healthcare involving medical nitrous oxide may be prescribed for individuals with certain medical conditions that necessitate nitrous oxide therapy for pain management or symptom relief. These conditions may include chronic pain syndromes, certain respiratory conditions, and palliative care needs. Individuals with chronic pain conditions, such as neuropathic pain, fibromyalgia, or certain types of cancer pain, may benefit from nitrous oxide therapy to alleviate pain and improve quality of life. Home-based nitrous oxide therapy can provide convenient access to pain relief without the need for frequent visits to healthcare facilities.

Based on region, North America is dominating the market. Many leading manufacturers and suppliers of medical nitrous oxide are headquartered or have a significant presence in North America. This proximity facilitates easier access to the market and enables companies to respond quickly to changing demand and regulatory requirements. The region invests heavily in research and development initiatives aimed at advancing medical technology and improving patient care. This focus on innovation drives the development of new and improved nitrous oxide delivery systems and enhances the overall competitiveness of the market. There is growing awareness and acceptance of the benefits of medical nitrous oxide among healthcare professionals and patients in North America. As more evidence supports its safety and efficacy, nitrous oxide is increasingly integrated into medical practice as a valuable tool for pain management and anesthesia.

 

Major companies operating in Global Medical Nitrous Oxide Market are:

  • Air Liquide(Airgas) AB
  • Linde Plc.
  • Taiyo Nippon Sanso Corporation
  • Messer SE & Co KGaA
  • SOL SpA
  • Air Water Inc. 

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“The increasing demand for Medical Nitrous Oxide Market stems from its efficacy as both an analgesic and anesthetic agent in various medical specialties and procedures. Nitrous oxide's quick onset and offset, ease of use, and low incidence of side effects render it highly valuable for pain management and anesthesia across a broad spectrum of clinical applications.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Medical Nitrous Oxide Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented by Type (Type I, Type II, Type III, Type IV), By Application (Hospitals (Labs and Clinics), Home Healthcare, Universities/Research Institutions), By Region, and By Competition”, has evaluated the future growth potential of Global Medical Nitrous Oxide Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Medical Nitrous Oxide Market.

 

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