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The landscape of medical procedures including surgeries and dental treatments has been witnessing a significant surge worldwide. This uptick is attributed to various factors including advancements in medical technology, an aging population, and increasing awareness about healthcare. Alongside this rise in procedural volumes comes a growing demand for effective pain management solutions that ensure patient comfort and satisfaction.
Medical nitrous oxide market size was valued at USD 1.7 billion in 2023 and is estimated to grow at 7.4% CAGR from 2024 to 2032, owing to increasing prevalence of chronic diseases.
Medical nitrous oxide industry from the gaseous nitrous oxide product segment is estimated to account for USD 2 billion by the end of 2032, owing to its ability to provide swift recovery and minimal residual effects.
The U.S. medical nitrous oxide market held a decent share in 2023 and will grow at 7.2% CAGR from 2024 to 2032, owing to technological innovation in healthcare.
Air Liquide, Calix, Inc., Chengdu Taiyo Industrial Gases Co., Ltd., Ellenbarrie Industrial Gases Ltd., Linde Plc, Mitsubishi Chemical Group Corporation, Norco Inc., and NEXAIR among others.