1	INTRODUCTION	29 
1.1	STUDY OBJECTIVES	29 
1.2	MARKET DEFINITION	29 
1.2.1	INCLUSIONS AND EXCLUSIONS	29 
1.3	MARKETS COVERED	30 
FIGURE 1	MEDICAL NITROUS OXIDE MARKET SEGMENTATION	30 
1.3.1	REGIONAL SEGMENTATION	30 
1.3.2	YEARS CONSIDERED	31 
1.3.3	CURRENCY CONSIDERED	31 
1.4	STAKEHOLDERS	31 
1.5	RECESSION IMPACT	31 
2	RESEARCH METHODOLOGY	33 
2.1	RESEARCH DATA	33 
FIGURE 2	RESEARCH DESIGN	33 
2.1.1	SECONDARY DATA	34 
2.1.1.1	Key data from secondary sources	34 
2.1.2	PRIMARY RESEARCH	35 
2.1.2.1	Primary sources	36 
2.1.2.2	Key data from primary sources	37 
2.1.2.3	Key industry insights	37 
2.1.2.4	Breakdown of primary interviews: by company type, designation, and region	38 
2.2	MARKET SIZE ESTIMATION METHODOLOGY	38 
FIGURE 3	RESEARCH METHODOLOGY: HYPOTHESIS BUILDING	39 
2.3	MARKET ESTIMATION	39 
FIGURE 4	MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS	40 
FIGURE 5	MEDICAL NITROUS OXIDE MARKET: REVENUE SHARE ANALYSIS ILLUSTRATION FOR AIR LIQUIDE S.A.	40 
FIGURE 6	MEDICAL NITROUS OXIDE MARKET: DEMAND-SIDE MODELING	41 
FIGURE 7	CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MEDICAL NITROUS OXIDE MARKET (2023–2029)	42 
FIGURE 8	CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS	43 
2.4	MARKET DATA ESTIMATION AND TRIANGULATION	44 
FIGURE 9	DATA TRIANGULATION METHODOLOGY	44 
2.5	STUDY ASSUMPTIONS	45 
2.6	LIMITATIONS	45 
2.6.1	SCOPE-RELATED LIMITATIONS	45 
2.6.2	METHODOLOGY-RELATED LIMITATIONS	45 
2.7	RISK ASSESSMENT	46 
TABLE 1	RISK ASSESSMENT: MEDICAL NITROUS OXIDE MARKET	46 
2.8	MEDICAL NITROUS OXIDE MARKET: RECESSION IMPACT	46 
3	EXECUTIVE SUMMARY	47 
FIGURE 10	MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2023 VS. 2029 (USD MILLION)	47 
FIGURE 11	MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2023 VS. 2029 (USD MILLION)	48 
FIGURE 12	MEDICAL NITROUS OXIDE MARKET, BY END USER, 2023 VS. 2029 (USD MILLION)	48 
FIGURE 13	GEOGRAPHICAL SNAPSHOT OF MEDICAL NITROUS OXIDE MARKET	49 
4	PREMIUM INSIGHTS	50 
4.1	MEDICAL NITROUS OXIDE MARKET OVERVIEW	50 
FIGURE 14	INCREASING NUMBER OF SURGERIES AND DENTAL PROCEDURES TO DRIVE MARKET GROWTH	50 
4.2	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE AND COUNTRY (2022)	51 
FIGURE 15	LIQUID NITROUS OXIDE SEGMENT ACCOUNTED FOR LARGEST SHARE OF NORTH AMERICAN MARKET IN 2022	51 
4.3	MEDICAL NITROUS OXIDE MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES	51 
FIGURE 16	ASIA PACIFIC REGION TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD	51 
4.4	MEDICAL NITROUS OXIDE MARKET: REGIONAL MIX	52 
FIGURE 17	ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	52 
4.5	MEDICAL NITROUS OXIDE MARKET: DEVELOPED VS. EMERGING ECONOMIES	52 
FIGURE 18	EMERGING ECONOMIES TO REGISTER HIGHER GROWTH RATES DURING FORECAST PERIOD	52 
5	MARKET OVERVIEW	53 
5.1	INTRODUCTION	53 
5.2	MARKET DYNAMICS	53 
FIGURE 19	MEDICAL NITROUS OXIDE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	53 
TABLE 2	MARKET DYNAMICS: IMPACT ANALYSIS	54 
5.2.1	DRIVERS	54 
5.2.1.1	Increasing number of surgeries and dental procedures	54 
5.2.1.2	Growing adoption of nitrous oxide across various medical specialties	55 
5.2.1.3	Rising geriatric population and subsequent increase in prevalence of chronic diseases	55 
FIGURE 20	GLOBAL GERIATRIC POPULATION, BY REGION, 2010–2030 (% OF TOTAL POPULATION)	55 
5.2.1.4	Growing demand for home healthcare	56 
5.2.2	RESTRAINTS	56 
5.2.2.1	Potential risks associated with nitrous oxide misuse	56 
5.2.2.2	Availability of alternatives	56 
5.2.3	OPPORTUNITIES	57 
5.2.3.1	Rising demand for pain management	57 
FIGURE 21	PREVALENCE OF CHRONIC PAIN AND HIGH-IMPACT CHRONIC PAIN AMONG ADULTS IN US, 2019–2021	57 
5.2.3.2	Technological advancements	58 
5.2.4	CHALLENGES	58 
5.2.4.1	Changes in calibration standards	58 
5.2.4.2	Lack of awareness	58 
5.3	INDUSTRY TRENDS	59 
5.3.1	ADVANCEMENTS IN NITROUS OXIDE DELIVERY SYSTEMS	59 
5.3.2	GROWING DEMAND FOR MINIMALLY INVASIVE PROCEDURES	59 
5.4	TECHNOLOGY ANALYSIS	60 
5.4.1	KEY TECHNOLOGIES	60 
5.4.1.1	Nitrous oxide delivery systems	60 
5.4.1.2	Monitoring and control systems	60 
5.4.1.3	Technological integration in anesthesia machines	60 
5.4.2	COMPLEMENTARY TECHNOLOGIES	60 
5.4.2.1	Patient monitoring devices	60 
5.4.2.2	Smart devices and connectivity	60 
5.4.3	ADJACENT TECHNOLOGIES	61 
5.4.3.1	Advanced anesthetic agents	61 
5.4.3.2	Surgical robotics	61 
5.5	PRICING ANALYSIS	61 
5.5.1	AVERAGE SELLING PRICE TREND OF MEDICAL NITROUS OXIDE, BY PRODUCT	61 
TABLE 3	AVERAGE SELLING PRICE OF MEDICAL NITROUS OXIDE, BY PRODUCT TYPE (USD)	61 
5.5.2	AVERAGE SELLING PRICE TREND, BY REGION	61 
5.6	PORTER’S FIVE FORCES ANALYSIS	62 
TABLE 4	PORTER’S FIVE FORCES ANALYSIS	62 
5.6.1	INTENSITY OF COMPETITIVE RIVALRY	62 
5.6.2	BARGAINING POWER OF SUPPLIERS	62 
5.6.3	BARGAINING POWER OF BUYERS	62 
5.6.4	THREAT OF SUBSTITUTES	62 
5.6.5	THREAT OF NEW ENTRANTS	63 
5.7	TARIFF & REGULATORY ANALYSIS	63 
5.7.1	TARIFF FOR MEDICAL NITROUS OXIDE	63 
5.7.2	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	63 
5.7.3	NORTH AMERICA	63 
5.7.3.1	US	63 
TABLE 5	US: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	64 
5.7.3.2	Canada	64 
TABLE 6	CANADA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	65 
5.7.4	EUROPE	65 
TABLE 7	EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS	66 
5.7.5	ASIA PACIFIC	67 
5.7.5.1	Japan	67 
TABLE 8	JAPAN: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
5.7.5.2	China	67 
TABLE 9	CHINA: STANDARDS FOR MEDICAL GAS EQUIPMENT	68 
TABLE 10	CHINA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
5.7.5.3	India	69 
TABLE 11	INDIA: STANDARDS FOR MEDICAL GAS EQUIPMENT	69 
TABLE 12	INDIA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	69 
5.7.6	LATIN AMERICA AND MIDDLE EAST & AFRICA	70 
TABLE 13	LATIN AMERICA AND MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	70 
5.8	VALUE CHAIN ANALYSIS	71 
FIGURE 22	VALUE CHAIN ANALYSIS	71 
5.9	ECOSYSTEM ANALYSIS	72 
TABLE 14	MEDICAL NITROUS OXIDE MARKET: ECOSYSTEM MAPPING	72 
FIGURE 23	MEDICAL NITROUS OXIDE MARKET: ECOSYSTEM	73 
5.10	CASE STUDY ANALYSIS	73 
5.10.1	CASE STUDY: EAST LANCASHIRE TEACHING HOSPITAL NHS FOUNDATION TRUST (ELHT)	73 
5.11	PATENT ANALYSIS	74 
5.11.1	PATENT PUBLICATION TRENDS	74 
FIGURE 24	PATENT PUBLICATION TRENDS, 2014–2024	74 
5.11.2	JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR MEDICAL NITROUS OXIDE PATENTS (2014–2024)	75 
TABLE 15	JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR MEDICAL NITROUS OXIDE PATENTS	75 
5.11.3	MEDICAL NITROUS OXIDE MARKET: TOP APPLICANTS	75 
FIGURE 25	TOP APPLICANTS FOR MEDICAL NITROUS OXIDE PATENTS (2014–2024)	75 
5.12	KEY STAKEHOLDERS & BUYING CRITERIA	76 
5.12.1	KEY STAKEHOLDERS IN BUYING PROCESS	76 
TABLE 16	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MEDICAL NITROUS OXIDE PRODUCTS	76 
FIGURE 26	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS	77 
TABLE 17	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MEDICAL NITROUS OXIDE END USERS	77 
5.12.2	BUYING CRITERIA	77 
FIGURE 27	KEY BUYING CRITERIA FOR END USERS IN MEDICAL NITROUS OXIDE MARKET	77 
TABLE 18	KEY BUYING CRITERIA FOR MEDICAL NITROUS OXIDE MARKET	78 
5.13	KEY CONFERENCES & EVENTS IN 2024	78 
TABLE 19	MEDICAL NITROUS OXIDE MARKET: DETAILED LIST OF CONFERENCES & EVENTS	78 
5.14	TRADE ANALYSIS	79 
5.14.1	TRADE ANALYSIS FOR MEDICAL NITROUS OXIDE	79 
FIGURE 28	PRODUCT IMPORTS UNDER HSN CODE 281129, BY COUNTRY, 2022 (USD THOUSAND)	79 
FIGURE 29	PRODUCT EXPORTS UNDER HSN CODE 281129, BY COUNTRY, 2022 (USD THOUSAND)	80 
5.15	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	80 
FIGURE 30	REVENUE SHIFT IN MEDICAL NITROUS OXIDE MARKET	80 
5.16	UNMET NEEDS ANALYSIS	81 
TABLE 20	UNMET NEEDS IN MEDICAL NITROUS OXIDE MARKET	81 
5.16.1	END-USER EXPECTATIONS	82 
TABLE 21	END-USER EXPECTATIONS IN MEDICAL NITROUS OXIDE MARKET	82 
6	MEDICAL NITROUS OXIDE MARKET, BY TYPE	83 
6.1	INTRODUCTION	84 
TABLE 22	MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	84 
TABLE 23	MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	84 
6.2	LIQUID NITROUS OXIDE	84 
6.2.1	RISING CRYOTHERAPY APPLICATIONS TO DRIVE MARKET	84 
TABLE 24	LIQUID MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	85 
TABLE 25	LIQUID MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2022–2029 (USD MILLION)	86 
6.3	GASEOUS NITROUS OXIDE	86 
6.3.1	PRECISE DOSAGE CONTROL AND PORTABILITY TO DRIVE MARKET GROWTH	86 
TABLE 26	GASEOUS MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	87 
TABLE 27	GASEOUS MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2022–2029 (USD MILLION)	88 
7	MEDICAL NITROUS OXIDE MARKET, BY APPLICATION	89 
7.1	INTRODUCTION	90 
TABLE 28	MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	90 
TABLE 29	MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	90 
7.2	ANESTHESIA & PAIN RELIEF	90 
7.2.1	WIDE USAGE AS CARRIER FOR OTHER ANESTHETIC GASES TO DRIVE MARKET	90 
TABLE 30	MEDICAL NITROUS OXIDE MARKET FOR ANESTHESIA & PAIN RELIEF, BY COUNTRY, 2018–2021 (USD MILLION)	91 
TABLE 31	MEDICAL NITROUS OXIDE MARKET FOR ANESTHESIA & PAIN RELIEF, BY COUNTRY, 2022–2029 (USD MILLION)	92 
7.3	CRYOSURGERY	92 
7.3.1	PAINLESSNESS OF CRYOSURGICAL PROCEDURES TO SUPPORT ADOPTION	92 
TABLE 32	MEDICAL NITROUS OXIDE MARKET FOR CRYOSURGERY, BY COUNTRY, 2018–2021 (USD MILLION)	93 
TABLE 33	MEDICAL NITROUS OXIDE MARKET FOR CRYOSURGERY, BY COUNTRY, 2022–2029 (USD MILLION)	94 
7.4	SURGICAL INSUFFLATION	94 
7.4.1	USE OF NITROUS OXIDE AS INSUFFLATION GAS IN LAPAROSCOPIC AND ENDOSCOPIC SURGERIES TO DRIVE MARKET	94 
TABLE 34	MEDICAL NITROUS OXIDE MARKET FOR SURGICAL INSUFFLATION, BY COUNTRY, 2018–2021 (USD MILLION)	95 
TABLE 35	MEDICAL NITROUS OXIDE MARKET FOR SURGICAL INSUFFLATION, BY COUNTRY, 2022–2029 (USD MILLION)	96 
8	MEDICAL NITROUS OXIDE MARKET, BY END USER	97 
8.1	INTRODUCTION	98 
TABLE 36	MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	98 
TABLE 37	MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	98 
8.2	HOSPITALS	98 
8.2.1	EXTENSIVE USAGE OF MEDICAL NITROUS OXIDE TO DRIVE MARKET	98 
TABLE 38	MEDICAL NITROUS OXIDE MARKET FOR HOSPITALS, BY COUNTRY, 2018–2021 (USD MILLION)	99 
TABLE 39	MEDICAL NITROUS OXIDE MARKET FOR HOSPITALS, BY COUNTRY, 2022–2029 (USD MILLION)	100 
8.3	HOME CARE SETTINGS	100 
8.3.1	HOME CARE SETTINGS TO WITNESS HIGHEST GROWTH DUE TO RISING PREVALENCE OF CHRONIC DISEASES	100 
TABLE 40	MEDICAL NITROUS OXIDE MARKET FOR HOME CARE SETTINGS, BY COUNTRY, 2018–2021 (USD MILLION)	101 
TABLE 41	MEDICAL NITROUS OXIDE MARKET FOR HOME CARE SETTINGS, BY COUNTRY, 2022–2029 (USD MILLION)	102 
8.4	ACADEMIC & RESEARCH INSTITUTES	102 
8.4.1	COLLABORATION WITH INDUSTRY PARTNERS FOR TECHNOLOGICAL ADVANCES TO SUPPORT GROWTH	102 
TABLE 42	MEDICAL NITROUS OXIDE MARKET FOR ACADEMIC & RESEARCH INSTITUTES, BY COUNTRY, 2018–2021 (USD MILLION)	103 
TABLE 43	MEDICAL NITROUS OXIDE MARKET FOR ACADEMIC & RESEARCH INSTITUTES, BY COUNTRY, 2022–2029 (USD MILLION)	104 
9	MEDICAL NITROUS OXIDE MARKET, BY REGION	105 
9.1	INTRODUCTION	106 
TABLE 44	MEDICAL NITROUS OXIDE MARKET, BY REGION, 2018–2021 (USD MILLION)	106 
TABLE 45	MEDICAL NITROUS OXIDE MARKET, BY REGION, 2022–2029 (USD MILLION)	106 
9.2	NORTH AMERICA	107 
9.2.1	NORTH AMERICA: RECESSION IMPACT	107 
FIGURE 31	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET SNAPSHOT	108 
TABLE 46	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	109 
TABLE 47	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2022–2029 (USD MILLION)	109 
TABLE 48	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	109 
TABLE 49	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	110 
TABLE 50	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	110 
TABLE 51	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	110 
TABLE 52	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	111 
TABLE 53	NORTH AMERICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	111 
9.2.2	US	111 
9.2.2.1	US to dominate North American medical nitrous oxide market	111 
TABLE 54	US: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	112 
TABLE 55	US: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	112 
TABLE 56	US: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	112 
TABLE 57	US: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	113 
TABLE 58	US: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	113 
TABLE 59	US: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	113 
9.2.3	CANADA	114 
9.2.3.1	Stringent regulatory compliance to support market growth in Canada	114 
TABLE 60	CANADA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	114 
TABLE 61	CANADA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	114 
TABLE 62	CANADA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	115 
TABLE 63	CANADA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	115 
TABLE 64	CANADA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	115 
TABLE 65	CANADA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	116 
9.3	EUROPE	116 
9.3.1	EUROPE: RECESSION IMPACT	116 
TABLE 66	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	117 
TABLE 67	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2022–2029 (USD MILLION)	117 
TABLE 68	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	117 
TABLE 69	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	118 
TABLE 70	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	118 
TABLE 71	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	118 
TABLE 72	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	119 
TABLE 73	EUROPE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	119 
9.3.2	GERMANY	119 
9.3.2.1	Increasing healthcare spending to drive market	119 
TABLE 74	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	120 
TABLE 75	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	120 
TABLE 76	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	120 
TABLE 77	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	121 
TABLE 78	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	121 
TABLE 79	GERMANY: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	121 
9.3.3	UK	122 
9.3.3.1	Increasing surgeries & dental procedures to drive market	122 
TABLE 80	UK: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	122 
TABLE 81	UK: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	122 
TABLE 82	UK: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	123 
TABLE 83	UK: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	123 
TABLE 84	UK: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	123 
TABLE 85	UK: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	124 
9.3.4	FRANCE	124 
9.3.4.1	Well-established healthcare system to drive market	124 
TABLE 86	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	124 
TABLE 87	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	125 
TABLE 88	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	125 
TABLE 89	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	125 
TABLE 90	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	126 
TABLE 91	FRANCE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	126 
9.3.5	ITALY	126 
9.3.5.1	Rapid growth in geriatric population and rising life expectancy to favor market growth	126 
TABLE 92	ITALY: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	127 
TABLE 93	ITALY: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	127 
TABLE 94	ITALY: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	127 
TABLE 95	ITALY: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	128 
TABLE 96	ITALY: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	128 
TABLE 97	ITALY: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	128 
9.3.6	SPAIN	129 
9.3.6.1	Increasing prevalence of cancer to support market growth	129 
TABLE 98	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	129 
TABLE 99	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	129 
TABLE 100	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	129 
TABLE 101	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	130 
TABLE 102	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	130 
TABLE 103	SPAIN: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	130 
9.3.7	REST OF EUROPE	131 
TABLE 104	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	131 
TABLE 105	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	131 
TABLE 106	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	132 
TABLE 107	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	132 
TABLE 108	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	132 
TABLE 109	REST OF EUROPE: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	133 
9.4	ASIA PACIFIC	133 
9.4.1	ASIA PACIFIC: RECESSION IMPACT	133 
FIGURE 32	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET SNAPSHOT	134 
TABLE 110	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	135 
TABLE 111	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY COUNTRY, 2022–2029 (USD MILLION)	135 
TABLE 112	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	135 
TABLE 113	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	136 
TABLE 114	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	136 
TABLE 115	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	136 
TABLE 116	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	137 
TABLE 117	ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	137 
9.4.2	JAPAN	137 
9.4.2.1	Japan to hold largest share of APAC market	137 
TABLE 118	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	138 
TABLE 119	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	138 
TABLE 120	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	138 
TABLE 121	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	139 
TABLE 122	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	139 
TABLE 123	JAPAN: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	139 
9.4.3	CHINA	140 
9.4.3.1	Strong investments in infrastructural development to offer opportunities for market growth	140 
TABLE 124	CHINA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	140 
TABLE 125	CHINA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	140 
TABLE 126	CHINA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	141 
TABLE 127	CHINA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	141 
TABLE 128	CHINA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	141 
TABLE 129	CHINA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	142 
9.4.4	INDIA	142 
9.4.4.1	Rising procedural volume to ensure sustained demand for medical gases	142 
TABLE 130	INDIA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	142 
TABLE 131	INDIA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	143 
TABLE 132	INDIA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	143 
TABLE 133	INDIA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	143 
TABLE 134	INDIA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	144 
TABLE 135	INDIA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	144 
9.4.5	REST OF ASIA PACIFIC	144 
TABLE 136	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	144 
TABLE 137	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	145 
TABLE 138	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	145 
TABLE 139	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	145 
TABLE 140	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	146 
TABLE 141	REST OF ASIA PACIFIC: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	146 
9.5	LATIN AMERICA	146 
9.5.1	RISING PUBLIC-PRIVATE PARTNERSHIPS FOR HEALTHCARE DEVELOPMENT TO PROMOTE ADOPTION OF MEDICAL NITROUS OXIDE	146 
9.5.2	LATIN AMERICA: RECESSION IMPACT	147 
TABLE 142	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	147 
TABLE 143	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	147 
TABLE 144	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	147 
TABLE 145	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	148 
TABLE 146	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	148 
TABLE 147	LATIN AMERICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	148 
9.6	MIDDLE EAST & AFRICA	149 
9.6.1	GOVERNMENT INITIATIVES FOR INFRASTRUCTURAL DEVELOPMENT TO SUPPORT MARKET GROWTH	149 
9.6.2	MIDDLE EAST & AFRICA: RECESSION IMPACT	149 
TABLE 148	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2018–2021 (USD MILLION)	149 
TABLE 149	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY TYPE, 2022–2029 (USD MILLION)	150 
TABLE 150	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2018–2021 (USD MILLION)	150 
TABLE 151	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY APPLICATION, 2022–2029 (USD MILLION)	150 
TABLE 152	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2018–2021 (USD MILLION)	151 
TABLE 153	MIDDLE EAST & AFRICA: MEDICAL NITROUS OXIDE MARKET, BY END USER, 2022–2029 (USD MILLION)	151 
10	COMPETITIVE LANDSCAPE	152 
10.1	OVERVIEW	152 
10.2	KEY PLAYER STRATEGIES/RIGHT TO WIN	152 
TABLE 154	OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN MEDICAL NITROUS OXIDE MARKET	153 
10.3	REVENUE ANALYSIS	154 
FIGURE 33	REVENUE ANALYSIS OF KEY PLAYERS IN MEDICAL NITROUS OXIDE MARKET, 2018–2022 (USD MILLION)	154 
10.4	MARKET SHARE ANALYSIS	154 
FIGURE 34	MEDICAL NITROUS OXIDE MARKET SHARE ANALYSIS (2022)	155 
TABLE 155	MEDICAL NITROUS OXIDE MARKET: DEGREE OF COMPETITION	155 
10.5	MARKET RANKING ANALYSIS	156 
FIGURE 35	MEDICAL NITROUS OXIDE MARKET RANKING, BY KEY PLAYER, 2022	156 
10.6	COMPANY EVALUATION MATRIX: KEY PLAYERS	157 
10.6.1	STARS	157 
10.6.2	EMERGING LEADERS	157 
10.6.3	PERVASIVE PLAYERS	158 
10.6.4	PARTICIPANTS	158 
FIGURE 36	MEDICAL NITROUS OXIDE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023	158 
10.6.5	COMPANY FOOTPRINT	159 
FIGURE 37	MEDICAL NITROUS OXIDE MARKET: COMPANY FOOTPRINT	159 
TABLE 156	MEDICAL NITROUS OXIDE MARKET: TYPE FOOTPRINT	160 
TABLE 157	MEDICAL NITROUS OXIDE MARKET: APPLICATION FOOTPRINT	161 
TABLE 158	MEDICAL NITROUS OXIDE MARKET: END-USER FOOTPRINT	162 
TABLE 159	MEDICAL NITROUS OXIDE MARKET: REGIONAL FOOTPRINT	163 
10.7	COMPANY EVALUATION MATRIX: STARTUPS/SMES	164 
10.7.1	PROGRESSIVE COMPANIES	164 
10.7.2	RESPONSIVE COMPANIES	164 
10.7.3	DYNAMIC COMPANIES	164 
10.7.4	STARTING BLOCKS	164 
FIGURE 38	MEDICAL NITROUS OXIDE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023	165 
10.7.5	COMPETITIVE BENCHMARKING	166 
10.7.5.1	Detailed list of key startups/SMEs	166 
TABLE 160	MEDICAL NITROUS OXIDE: DETAILED LIST OF KEY STARTUPS/SMES	166 
10.7.5.2	Competitive benchmarking of key startups/SMEs	167 
TABLE 161	MEDICAL NITROUS OXIDE: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES	167 
10.8	BRAND/PRODUCT COMPARISON	168 
10.9	COMPANY EVALUATION AND FINANCIAL METRICS	169 
FIGURE 39	EV/EBITDA OF KEY VENDORS	169 
FIGURE 40	YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF MEDICAL NITROUS OXIDE VENDORS	169 
10.10	COMPETITIVE SCENARIO	170 
10.10.1	DEALS	170 
TABLE 162	MEDICAL NITROUS OXIDE MARKET: DEALS, JANUARY 2020– JANUARY 2024	170 
10.10.2	EXPANSIONS	171 
TABLE 163	MEDICAL NITROUS OXIDE MARKET: EXPANSIONS, JANUARY 2020–JANUARY 2024	171 
11	COMPANY PROFILES	172 
11.1	KEY PLAYERS	172 
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)* 
11.1.1	AIR LIQUIDE	172 
TABLE 164	AIR LIQUIDE: COMPANY OVERVIEW	172 
FIGURE 41	AIR LIQUIDE: COMPANY SNAPSHOT (2022)	173 
11.1.2	LINDE PLC	175 
TABLE 165	LINDE PLC: COMPANY OVERVIEW	175 
FIGURE 42	LINDE PLC: COMPANY SNAPSHOT (2022)	176 
11.1.3	SOL SPA	178 
TABLE 166	SOL SPA: COMPANY OVERVIEW	178 
FIGURE 43	SOL SPA: COMPANY SNAPSHOT (2022)	179 
11.1.4	TAIYO NIPPON SANSO CORPORATION	181 
TABLE 167	TAIYO NIPPON SANSO CORPORATION: COMPANY OVERVIEW	181 
FIGURE 44	TAIYO NIPPON SANSO CORPORATION: COMPANY SNAPSHOT (2023)	182 
11.1.5	NORCO INC.	184 
TABLE 168	NORCO INC.: COMPANY OVERVIEW	184 
11.1.6	SOUTHERN GAS LIMITED	186 
TABLE 169	SOUTHERN GAS LIMITED: COMPANY OVERVIEW	186 
FIGURE 45	SOUTHERN GAS LIMITED: COMPANY SNAPSHOT (2022)	186 
11.1.7	ELLENBARRIE INDUSTRIAL GASES	187 
TABLE 170	ELLENBARRIE INDUSTRIAL GASES: COMPANY OVERVIEW	187 
FIGURE 46	ELLENBARRIE INDUSTRIAL GASES: COMPANY SNAPSHOT (2020)	187 
11.1.8	CALOX INC.	188 
TABLE 171	CALOX INC.: COMPANY OVERVIEW	188 
11.1.9	STEELMAN GASES PVT. LTD.	189 
TABLE 172	STEELMAN GASES PVT. LTD.: COMPANY OVERVIEW	189 
11.1.10	NEXAIR	190 
TABLE 173	NEXAIR: COMPANY OVERVIEW	190 
11.1.11	OXYGEN & ARGON WORKS LTD.	192 
TABLE 174	OXYGEN & ARGON WORKS LTD.: COMPANY OVERVIEW	192 
11.1.12	GULFCRYO	193 
TABLE 175	GULFCRYO: COMPANY OVERVIEW	193 
11.1.13	CHENGDU TAIYO INDUSTRIAL GASES CO., LTD.	194 
TABLE 176	CHENGDU TAIYO INDUSTRIAL GASES CO. LTD.: COMPANY OVERVIEW	194 
11.1.14	JIANGSU HUAZHONG GAS CO., LTD.	195 
TABLE 177	JIANGSU HAUZHONG GAS CO., LTD.: COMPANY OVERVIEW	195 
11.1.15	CARBIDE AND CHEMICALS	196 
TABLE 178	CARBIDE AND CHEMICALS: COMPANY OVERVIEW	196 
11.1.16	AMERICAN WELDING & GAS	197 
TABLE 179	AMERICAN WELDING & GAS: COMPANY OVERVIEW	197 
11.1.17	ASIA INDUSTRIAL GASES PTE. LTD.	198 
TABLE 180	ASIA INDUSTRIAL GASES PTE. LTD.: COMPANY OVERVIEW	198 
11.1.18	MIDDLESEX GASES & TECHNOLOGY INC.	199 
TABLE 181	MIDDLESEX GASES & TECHNOLOGIES INC.: COMPANY OVERVIEW	199 
11.1.19	AMERITANX CYLINDERS	200 
TABLE 182	AMERITANX CYLINDERS: COMPANY OVERVIEW	200 
11.1.20	CRYOCARB	201 
TABLE 183	CRYOCARB: COMPANY OVERVIEW	201 
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies. 
11.2	OTHER PLAYERS	202 
11.2.1	HOLSTON GASES	202 
11.2.2	AOPL	202 
11.2.3	BUTLER GAS PRODUCTS COMPANY	203 
11.2.4	GRUPPO SIAD	203 
11.2.5	ANDY OXY CO., INC.	203 
12	APPENDIX	204 
12.1	DISCUSSION GUIDE	204 
12.2	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	206 
12.3	CUSTOMIZATION OPTIONS	208 
12.4	RELATED REPORTS	208 
12.5	AUTHOR DETAILS	209 
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