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Global Medical Gas and Equipment Market Size Study, by Type (Pure Medical Gases, Mixtures), by Medical Gas Equipment (Flowmeter, Medical Air Compressor), by Application (Therapeutics, Diagnostics), by End User (Hospitals, Home Healthcare), and Regional Fo

Publisher Factview Research
Published Jun 27, 2025
Length 285 Pages
SKU # FAVR20179415

Description

The Global Medical Gas and Equipment Market, valued at approximately USD 19.75 billion in 2024, is on a progressive trajectory, poised to grow at a CAGR of 6.20% from 2024 to 2034. This market is intricately connected with advancements in healthcare technology and a growing demand for therapeutic and diagnostic solutions. Medical gases and their associated equipment have become indispensable in treating respiratory diseases, administering anesthesia, and supporting critical care, further driving their adoption across various healthcare facilities worldwide. The development of efficient flowmeters and advanced medical air compressors is redefining operational capabilities, optimizing the delivery of medical gases to meet specific therapeutic and diagnostic requirements.

A surge in respiratory ailments and chronic conditions, exacerbated by environmental factors and lifestyle changes, underscores the growing reliance on medical gases in healthcare. Furthermore, the push for more accessible home healthcare solutions is boosting the demand for compact and efficient gas delivery systems. Technological innovations in medical gas equipment are enabling seamless integration with healthcare facilities, ensuring precise delivery and monitoring. Additionally, government initiatives and funding aimed at bolstering healthcare infrastructure worldwide are playing a pivotal role in shaping the market landscape.

However, the market is not without challenges. High costs associated with advanced medical gas equipment and regulatory compliance complexities may hinder market expansion, particularly in developing economies. Furthermore, technical limitations in the operation and maintenance of medical gas systems necessitate continual advancements and training. Nonetheless, ongoing investments in R&D, coupled with collaborations between key industry players, are expected to mitigate these challenges, broadening the market's reach and accessibility.

Geographically, North America dominates the Medical Gas and Equipment Market, driven by its robust healthcare infrastructure, significant R&D investments, and high prevalence of respiratory diseases. Europe follows suit, benefiting from established healthcare systems and progressive policies supporting medical technology adoption. Meanwhile, the Asia Pacific region is anticipated to exhibit the fastest growth during the forecast period, fueled by rising healthcare expenditures, improving medical infrastructure, and increasing awareness about advanced medical technologies in emerging economies such as China and India.

Major market players included in this report are:
  • 3M
  • Air Liquide
  • Linde Group
  • Praxair, Inc.
  • Atlas Copco AB
  • Air Products and Chemicals, Inc.
  • BeaconMedaes
  • Amico Group of Companies
  • GCE Group
  • Ohio Medical Corporation
  • Allied Healthcare Products, Inc.
  • Invacare Corporation
  • Precision Medical, Inc.
  • GE Healthcare
  • Philips Healthcare
The detailed segments and sub-segment of the market are explained below:

By Type
  • Pure Medical Gases
  • Mixtures
By Medical Gas Equipment
  • Flowmeter
  • Medical Air Compressor
By Application
  • Therapeutics
Respiratory
  • Diagnostics
By End User
  • Hospitals
  • Home Healthcare
By Region

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:

Historical year – 2022

Base year – 2024

Forecast period – 2024 to 2034

Key Takeaways:
  • Comprehensive market estimates and forecasts for the next decade.
  • Regional and country-level analysis of major geographical markets.
  • In-depth insights into market drivers, challenges, and opportunities.
  • Competitive landscape analysis with profiles of key industry players.
  • Recommendations for strategic approaches to expand market presence.

Table of Contents

285 Pages
Chapter 1. Global Medical Gas and Equipment Market Executive Summary
1.1. Global Medical Gas and Equipment Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Medical Gas Equipment
1.3.3. By Application
1.3.4. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Investment Analysis
1.7. Investment Rationale
1.8. Analyst Recommendation & Conclusion
________________________________________
Chapter 2. Global Medical Gas and Equipment Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
________________________________________
Chapter 3. Global Medical Gas and Equipment Market Dynamics
3.1. Market Drivers
3.1.1. Increasing Prevalence of Respiratory Diseases and Chronic Conditions
3.1.2. Growing Demand for Home Healthcare Solutions
3.1.3. Technological Innovations in Medical Gas Equipment
3.2. Market Challenges
3.2.1. High Costs of Advanced Medical Gas Equipment
3.2.2. Regulatory Compliance Complexities
3.3. Market Opportunities
3.3.1. Ongoing Investments in R&D and Collaborations
3.3.2. Emerging Markets in Asia Pacific
3.3.3. Development of Affordable Medical Gas Equipment
________________________________________
Chapter 4. Global Medical Gas and Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
________________________________________
Chapter 5. Global Medical Gas and Equipment Market Size & Forecasts by Type 2024-2034
5.1. Segment Dashboard
5.2. Global Medical Gas and Equipment Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Pure Medical Gases
5.2.2. Mixtures
________________________________________
Chapter 6. Global Medical Gas and Equipment Market Size & Forecasts by Medical Gas Equipment 2024-2034
6.1. Segment Dashboard
6.2. Global Medical Gas and Equipment Market: Medical Gas Equipment Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Flowmeter
6.2.2. Medical Air Compressor
________________________________________
Chapter 7. Global Medical Gas and Equipment Market Size & Forecasts by Application 2024-2034
7.1. Segment Dashboard
7.2. Global Medical Gas and Equipment Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Therapeutics
7.2.1.1. Respiratory
7.2.2. Diagnostics
________________________________________
Chapter 8. Global Medical Gas and Equipment Market Size & Forecasts by End User 2024-2034
8.1. Segment Dashboard
8.2. Global Medical Gas and Equipment Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. Hospitals
8.2.2. Home Healthcare
________________________________________
Chapter 9. Global Medical Gas and Equipment Market Size & Forecasts by Region 2024-2034
9.1. North America Medical Gas and Equipment Market
9.1.1. U.S. Medical Gas and Equipment Market
9.1.1.1. Type Breakdown Size & Forecasts, 2024-2034
9.1.1.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.1.1.3. Application Breakdown Size & Forecasts, 2024-2034
9.1.1.4. End User Breakdown Size & Forecasts, 2024-2034
9.1.2. Canada Medical Gas and Equipment Market
9.1.2.1. Type Breakdown Size & Forecasts, 2024-2034
9.1.2.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.1.2.3. Application Breakdown Size & Forecasts, 2024-2034
9.1.2.4. End User Breakdown Size & Forecasts, 2024-2034
________________________________________
9.2. Europe Medical Gas and Equipment Market
9.2.1. UK Medical Gas and Equipment Market
9.2.1.1. Type Breakdown Size & Forecasts, 2024-2034
9.2.1.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.2.1.3. Application Breakdown Size & Forecasts, 2024-2034
9.2.1.4. End User Breakdown Size & Forecasts, 2024-2034
9.2.2. Germany Medical Gas and Equipment Market
9.2.2.1. Type Breakdown Size & Forecasts, 2024-2034
9.2.2.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.2.2.3. Application Breakdown Size & Forecasts, 2024-2034
9.2.2.4. End User Breakdown Size & Forecasts, 2024-2034
9.2.3. France Medical Gas and Equipment Market
9.2.4. Spain Medical Gas and Equipment Market
9.2.5. Italy Medical Gas and Equipment Market
9.2.6. Rest of Europe Medical Gas and Equipment Market
________________________________________
9.3. Asia-Pacific Medical Gas and Equipment Market
9.3.1. China Medical Gas and Equipment Market
9.3.1.1. Type Breakdown Size & Forecasts, 2024-2034
9.3.1.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.3.1.3. Application Breakdown Size & Forecasts, 2024-2034
9.3.1.4. End User Breakdown Size & Forecasts, 2024-2034
9.3.2. India Medical Gas and Equipment Market
9.3.3. Japan Medical Gas and Equipment Market
9.3.4. Australia Medical Gas and Equipment Market
9.3.5. South Korea Medical Gas and Equipment Market
9.3.6. Rest of Asia Pacific Medical Gas and Equipment Market
________________________________________
9.4. Latin America Medical Gas and Equipment Market
9.4.1. Brazil Medical Gas and Equipment Market
9.4.1.1. Type Breakdown Size & Forecasts, 2024-2034
9.4.1.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.4.1.3. Application Breakdown Size & Forecasts, 2024-2034
9.4.1.4. End User Breakdown Size & Forecasts, 2024-2034
9.4.2. Mexico Medical Gas and Equipment Market
9.4.3. Rest of Latin America Medical Gas and Equipment Market
________________________________________
9.5. Middle East & Africa Medical Gas and Equipment Market
9.5.1. Saudi Arabia Medical Gas and Equipment Market
9.5.1.1. Type Breakdown Size & Forecasts, 2024-2034
9.5.1.2. Medical Gas Equipment Breakdown Size & Forecasts, 2024-2034
9.5.1.3. Application Breakdown Size & Forecasts, 2024-2034
9.5.1.4. End User Breakdown Size & Forecasts, 2024-2034
9.5.2. South Africa Medical Gas and Equipment Market
9.5.3. Rest of Middle East & Africa Medical Gas and Equipment Market
________________________________________
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. 3M
10.1.2. Air Liquide
10.1.3. Linde Group
________________________________________
10.2. Top Market Strategies
________________________________________
10.3. Company Profiles
10.3.1. 3M
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Air Liquide
10.3.3. Linde Group
10.3.4. Praxair, Inc.
10.3.5. Atlas Copco AB
10.3.6. Air Products and Chemicals, Inc.
10.3.7. BeaconMedaes
10.3.8. Amico Group of Companies
10.3.9. GCE Group
10.3.10. Ohio Medical Corporation
10.3.11. Allied Healthcare Products, Inc.
10.3.12. Invacare Corporation
10.3.13. Precision Medical, Inc.
10.3.14. GE Healthcare
10.3.15. Philips Healthcare
________________________________________
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
________________________________________

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