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Medical Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Manifolds are pipeline systems with several openings. Manifolds are specially fabricated structures wherein two or more cylinders are connected to a single pipeline to increase the availability of gas at the source. Medical manifolds offer the function of reducing the pressure from cylinders with high pressure to the required pressure, which is feasible to use in the hospital pipeline. In hospitals, medical gases are largely used to provide long-term support to patients in intensive care units (ICUs). Medical air is used in hospitals in large quantities and hence, it is feasible to produce it on site, rather than storing it in gas cylinders. Medical gas supply in a hospital needs to fulfill the stringent requirements of the installation standards and safety of all patients in the hospital. The need for medical manifolds primarily arises from strict rules and requirements for the medical gas supply systems. For instance, in July 2012, the U.S. Congress passed a bill putting into effect the Food & Drug Safety & Innovation Act. This act provides selected gases as approved medications for common medical gas mixtures; provides manufacturers with the protection of their intellectual property rights for new products; and establishes a certification process for medical gas production. These factors serve as a driver for the market. 

Increasing awareness regarding the medical gas safety amongst manufacturers and consumers is a major factor that drives the global medical manifolds market. Growth of the health care infrastructure has led to rise in the number of hospitals, which acts as a driver for the global medical manifolds market. In addition, the establishment of industry-friendly associations such as Medical Gas Association (MGA), Compressed Gas Association (CGA), and Gases & Welding Distributors Association (GAWDA) is fueling the market. Constant efforts made by the members of CGA and GAWDA have rendered the actualization of the U.S. Food and Drug Administration Safety and Innovation Act. These associations help in chalking out strategies that would ultimately help the market thrive and flourish. Therefore, establishment of such associations acts as a driver for the market. 

The global medical manifolds market has been segmented by product type and geography. In terms of product, the medical manifolds market has been categorized into simplex manifold systems, cradle pack manifolds, dual manifold systems, semi-automatic manifold systems, automatic manifold systems, digital automatic manifold systems, and others. 

Based on the region, the global fermented ingredients market has been segmented into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a significant share of the global market for medical manifolds, owing to presence of industry-friendly organizations such as CGA and GAWDA. These associations consist of industry experts working in reputed organizations. The members of these associations work continuously to make value additions to the market by understanding the market trends and implementing the policies that eventually work out in favour of the market. Europe is considered to be the second largest market for medical manifolds, due to enhanced health care processes and growing health concerns in the region. Moreover, rising geriatric population with the need for hospitalization augments the market in the region. Major factors that would drive the market in Asia Pacific include rapid development of health care infrastructure and presence of large population in the region. High prevalence of pulmonary diseases and emergency medical conditions provides countries such as India and China with multiple untapped opportunities. Latin American countries such as Mexico and Brazil are expected to have considerable growth potential for the medical manifolds market due to evolving health care infrastructure, and increasing medical expenditure. 

Major players operating in the global market for medical manifolds include Praxair, Inc., BeaconMedaes LLC, Merit Medical Systems, Inc., Smiths Group plc, Drägerwerk AG & Co. KGaA, Pattons Medical, Genstar Technologies, and Gascon Systems Pty Ltd. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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  • Emerging niche segments and regional markets
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