Author: Himanshu Patni
18 February 2023
Heliox is a mixture of helium and oxygen used in medical treatment for patients with breathing difficulties. It is used in place of air or pure oxygen in a process called heliox therapy, which helps to reduce air resistance in the airways and improve breathing. Additionally, it is widely used in medical treatment for respiratory conditions, such as severe asthma, where the lower density of helium improves breathing. It is also used in diving, as a substitute for nitrogen in deep sea diving to reduce the risk of nitrogen narcosis. The low density of helium allows for a reduction in airway resistance, making it easier to breathe, while the addition of oxygen helps to maintain adequate oxygen levels in the body.
The Heliox Market is expected to grow at a steady rate of around 3% during the forecast period (2022-2028) owing to the increasing utilization of heliox in the healthcare industries along with increasing demand in the sea and sub-sea applications. Major companies in the market are focusing to provide heliox with technologically advanced features along with new product launches, collaboration, and mergers & acquisitions. For instance, in October 2022, Jinhong Gas imported several liquid helium storage tanks to facilitate the transport of the helium for ultra-high-pure helium, compressed helium, and medical helium in the region.
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Based on the application, the market is bifurcated into medical uses and diving uses. The medical uses segment is expected to register a significant CAGR during the forecast period. Heliox is used to treat respiratory conditions such as asthma, chronic obstructive pulmonary disease (COPD), and bronchiolitis in children. The main advantage of heliox is that it is less dense than air and provides a more efficient flow of gas through the airways. This can help to relieve airway resistance, reduce the work of breathing, and improve oxygen delivery to the lungs.
Based on the type, the market is segmented into 70/30 (Helium/Oxygen Mixture), 60/40 (Helium/Oxygen Mixture), 79/21 (Helium/Oxygen Mixture), and 90/10 (Helium/Oxygen Mixture). The 60/40 (Helium/Oxygen Mixture) segment is expected to witness significant market growth during the forecast period owing to its increasing use in breathing gas mixture for the deep-sea diving application. A 60/40 mix of helium and oxygen refers to a breathing gas composition with 60% helium and 40% oxygen. This mixture is often used for diving and other applications where a high oxygen concentration is needed, but nitrogen, which makes up the majority of air, needs to be reduced or eliminated due to its tendency to cause narcosis and other physiological effects at depth.
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For a better understanding of the market adoption of the heliox industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America led the market in 2021 with the highest market share. This is mainly attributed to the increasing demand from the healthcare industries for the treatment of several respiratory conditions such as asthma, bronchiolitis, and chronic obstructive pulmonary disease (COPD). Also, the technological advancement in the medical industry and increasing research & development activities in the continent are expected to support market growth in the coming time. Additionally, the increasing use of the heliox mixture in diving applications such as deep-sea diving to prevent nitrogen narcosis and increase the driver’s ability for the cognitive process. Also, the increasing healthcare expenditure along with the government support for technological advancement will propel the growth of the heliox market in the coming time.
Some of the major players operating in the market include Air Liquide, Air Products and Chemicals, Inc., Messer Group, SOL-SpA, TAIYO NIPPON SANSO, AXCEL, JINHONG GAS, APTOH, FTG Atmosfera LLC, and BOC Healthcare.
Global Heliox Market Segmentation
Market Insight, by Type
· 70/30 (Helium/Oxygen Mixture)
· 60/40 (Helium/Oxygen Mixture)
· 79/21 (Helium/Oxygen Mixture)
· 90/10 (Helium/Oxygen Mixture)
Market Insight, by Application
· Diving Uses
· Medical Uses
Market Insight, by Region
· North America
o US
o Canada
o Rest of North America
· Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
· Air Liquide
· Air Products and Chemicals, Inc.
· Messer Group
· SOL-SpA
· TAIYO NIPPON SANSO
· AXCEL
· JINHONG GAS
· BOC Healtcare
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