What is Global Heliox Market?
The Global Heliox Market is a specialized sector that focuses on the production and distribution of Heliox, a breathing gas composed of a mixture of helium (He) and oxygen (O2). This unique gas mixture is primarily used in medicine and diving, owing to its low density and high thermal conductivity. The market for Heliox is global, with demand stemming from various regions across the world. The market's value was estimated at US$ 30 million in 2022, and it is projected to grow to US$ 43 million by 2029. This growth is attributed to the increasing demand for Heliox in various applications, particularly in the medical field.
79/21(Helium/Oxygen), 70/30(Helium/Oxygen), Others in the Global Heliox Market:
Heliox is available in different compositions, including 79/21 (Helium/Oxygen), 70/30 (Helium/Oxygen), and others. The 79/21 mixture is commonly used in medical applications, particularly in the treatment of upper airway obstruction, while the 70/30 mixture is often used in diving. The choice of Heliox mixture depends on the specific requirements of the application. For instance, the 79/21 mixture is preferred in medical applications due to its ability to reduce airway resistance and improve ventilation. On the other hand, the 70/30 mixture is favored in diving due to its ability to reduce the risk of decompression sickness.
Medical Uses, Diving Uses in the Global Heliox Market:
The Global Heliox Market serves two main areas: Medical Uses and Diving Uses. In the medical field, Heliox is used as a therapeutic respiratory gas in the treatment of conditions such as asthma, bronchiolitis, and chronic obstructive pulmonary disease (COPD). It is also used in the management of upper airway obstruction and in mechanical ventilation. In diving, Heliox is used as a breathing gas in deep-sea diving and saturation diving. It helps divers breathe more easily under high pressure and reduces the risk of decompression sickness, also known as the bends.
Global Heliox Market Outlook:
The global Heliox market outlook reveals a promising future for this specialized market. As of 2022, the market was valued at US$ 30 million, and it is expected to reach US$ 43 million by 2029. This represents a compound annual growth rate (CAGR) of 5.0% during the forecast period from 2023 to 2029. The market is dominated by a few key players, including Linde, Air Liquide, and Nippon Gases, which collectively account for about 60% of the total market. Geographically, the Americas hold the largest market share, accounting for about 40% of the total, followed by Europe and the Asia-Pacific (APAC) region. In terms of applications, medical uses account for the largest share, representing about 70% of the total market.
| Report Metric | Details |
| Report Name | Heliox Market |
| Accounted market size in 2023 | US$ 32 million |
| Forecasted market size in 2029 | US$ 43 million |
| CAGR | 5.0 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Air Liquide, Linde, Global Gases, Nippon Gases |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
