U.S. Medical Gas Application & Equipment Market Size, Share, Trends, Industry Analysis Report By Gas Type (Medical Oxygen, Helium), By Equipment Type, By Application, By End User– Market Forecast, 2025–2034

The U.S. medical gas application & equipment market size is expected to reach USD 162.51 billion by 2034, according to a new study by Polaris Market Research. The report “U.S. Medical Gas Application & Equipment Market Size, Share, Trends, Industry Analysis Report By Gas Type (Medical Oxygen, Helium), By Equipment Type, By Application, By End User – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Medical gas equipment refers to the devices and systems used to store, regulate, and deliver medical gases such as oxygen, nitrous oxide, and medical air in healthcare settings. This includes cylinders, flowmeters, regulators, manifolds, gas pipelines, and alarm systems.

The rise in surgical interventions in the U.S., including elective and emergency surgeries, drives demand for medical gases such as oxygen, nitrous oxide, and medical air. Hospitals require a continuous and safe supply of these gases for anesthesia and respiratory support during surgeries. Growing patient admissions and expanding healthcare infrastructure contribute to higher consumption of medical gases. This surge pushes hospitals and surgical centers to invest in advanced gas delivery and storage systems, ensuring uninterrupted supply and enhancing overall patient care quality.

The aging U.S. population is a major factor driving demand for medical gases. Older adults are more prone to chronic diseases and often require surgeries, intensive care, and long-term oxygen therapy. Increased life expectancy means more patients need continuous respiratory support and anesthesia gases for surgical procedures. This demographic shift creates steady demand for medical gas products and equipment in hospitals, nursing homes, and home healthcare, emphasizing the importance of a robust medical gas supply chain to support the health needs of older adults.

U.S. Medical Gas Application & Equipment Market Report Highlights

In 2024, the medical oxygen segment dominated the U.S. medical gas application & equipment market with the largest share driven by its critical role in treating respiratory conditions such as COPD, pneumonia, and COVID-19 complications.

The gas delivery systems segment accounted for significant growth in 2024 due to rising demand for precision, safety, and efficiency in healthcare settings.

The pharmaceutical manufacturing & research segment is expected to experience significant growth as medical gases such as nitrogen, carbon dioxide, and oxygen are vital for drug synthesis, sterilization, cryopreservation, and analytical processes in labs.

The hospitals segment dominated with the largest share as hospitals require a steady and uninterrupted supply of medical gases with high patient volumes, frequent surgical procedures, and continuous emergency care.

A few key market players are Air Liquide, Cryogenmash JSC, Gas Malaysia Berhad, INOX Air Products Pvt. Ltd, Linde Malaysia (formerly MOX-Linde Gases), Linde Plc, NovaAir Pvt. Ltd, Suzhou Xinglu Air Separation Plant Science and Technology Development Co., Ltd., Taiyo Nippon Sanso Corporation, and Universal Industrial Gases, Inc.

Polaris Market Research has segmented the U.S. medical gas application & equipment market report on the basis of gas type, equipment type, application, and end user:

By Gas Type (Revenue – USD Billion, 2020–2034)

Medical Oxygen

Helium

Nitrous Oxide

Carbon Dioxide

Nitrogen

Others

By Equipment Type (Revenue – USD Billion, 2020–2034)

Respiratory Devices

Gas Delivery Systems

Gas Storage and Transport

Gas Monitoring Systems

Others

By Application (Revenue – USD Billion, 2020–2034)

Therapeutic

Diagnostics

Pharmaceutical Manufacturing & Research

Others

By End User (Revenue – USD Billion, 2020–2034)

Hospitals

Clinics

Ambulatory Surgical Centers

Home Healthcare

Academic & Research Institutions

Pharmaceutical & Biotechnology Companies

Others Show more