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South East Asia 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, By Country – Market Forecast, 2025–2034

Published Sep 01, 2025
Length 125 Pages
SKU # PLRS20451503

Description

The South East Asia Medical Gas Application & Equipment market size is expected to reach USD 34.89 billion by 2034, according to a new study by Polaris Market Research. The report “South East Asia 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, By Country – 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.

Thailand, Malaysia, and Singapore have become hubs for medical tourism due to its affordable yet high-quality healthcare services. This surge in international patients is pressuring hospitals to maintain world-class facilities, including state-of-the-art medical gas systems. The need for safe, efficient gas delivery during surgeries, recovery, and diagnostics is pushing healthcare providers to invest in modern equipment. Medical gas demand is expected to grow alongside infrastructure and service quality enhancements as the region continues to attract foreign patients for elective surgeries and treatments.

South East Asia is seeing a surge in home-based healthcare services with an aging population and the increasing cost of hospital stays. Medical gas equipment such as portable oxygen concentrators and small-scale delivery units are in greater demand for elderly care, post-surgery recovery, and chronic illness management. Markets in Thailand, Malaysia, and Singapore are especially adopting these solutions due to improved patient education and support services. This trend is driving innovation in compact, user-friendly medical gas devices designed for nonclinical settings, opening up new growth opportunities in the consumer-facing segment of the South East Asia medical gas application & equipment market.

South East Asia Medical Gas Application & Equipment Market Report Highlights

In 2024, the medical oxygen segment dominated with the largest share due to a high number of respiratory illness cases and rising hospital admissions.

The pharmaceutical manufacturing & research segment is expected to experience significant growth driven by expanding drug production in countries such as Malaysia, Singapore, and Thailand.

India dominated the market with the largest share in 2024, driven by its large healthcare infrastructure, rising patient volumes, and increasing awareness of critical care needs

The industry in the Philippines is expected to witness significant growth during the forecast period, due to increasing investments in public and private healthcare infrastructure.

A few key players in the South East Asia medical gas application & equipment market 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 South East Asia medical gas application & equipment market report on the basis of gas type, equipment type, application, end user, and region:

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

By Regional Outlook (Revenue - USD Billion, 2020–2034)

Singapore

India

Malaysia

Thailand

Philippines

Rest of South East Asia

Table of Contents

125 Pages
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. U.S. Medical Gas Application & Equipment Market Insights
4.1. Medical Gas Application & Equipment Market – Market Snapshot
4.2. Medical Gas Application & Equipment Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing Local Production and Gas Supply Capabilities
4.2.1.2. Growing Prevalence of Respiratory Diseases
4.2.2. Restraints and Challenges
4.2.2.1. High Initial Investment
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Medical Gas Application & Equipment Market Trends
4.6. Value Chain Analysis
5. U.S. Medical Gas Application & Equipment Market, by Gas Type
5.1. Key Findings
5.2. Introduction
5.2.1. U.S. Medical Gas Application & Equipment Market, by Gas Type, 2020-2034 (USD billion)
5.3. Medical Oxygen
5.3.1. U.S. Medical Gas Application & Equipment Market, by Medical Oxygen, by Country, 2020–2034 (USD billion)
5.4. Helium
5.4.1. U.S. Medical Gas Application & Equipment Market, by Helium, by Country, 2020–2034 (USD billion)
5.5. Nitrous Oxide
5.5.1. U.S. Medical Gas Application & Equipment Market, by Nitrous Oxide, by Country, 2020–2034 (USD billion)
5.6. Carbon Dioxide
5.6.1. U.S. Medical Gas Application & Equipment Market, by Carbon Dioxide, by Country, 2020–2034 (USD billion)
5.7. Nitrogen
5.7.1. U.S. Medical Gas Application & Equipment Market, by Nitrogen, by Country, 2020–2034 (USD billion)
5.8. Other
5.8.1. U.S. Medical Gas Application & Equipment Market, by Other, by Country, 2020–2034 (USD billion)
6. U.S. Medical Gas Application & Equipment Market, by Equipment Type
6.1. Key Findings
6.2. Introduction
6.2.1. U.S. Medical Gas Application & Equipment Market, by Equipment Type, 2020-2034 (USD billion)
6.3. Respiratory Devices
6.3.1. U.S. Medical Gas Application & Equipment Market, by Respiratory Devices, by Country, 2020–2034 (USD billion)
6.4. Gas Delivery Systems
6.4.1. U.S. Medical Gas Application & Equipment Market, by Gas Delivery Systems, by Country, 2020–2034 (USD billion)
6.5. Gas Storage and Transport
6.5.1. U.S. Medical Gas Application & Equipment Market, by Gas Storage and Transport, by Country, 2020–2034 (USD billion)
6.6. Gas Monitoring Systems
6.6.1. U.S. Medical Gas Application & Equipment Market, by Gas Monitoring Systems, by Country, 2020–2034 (USD billion)
6.7. Others
6.7.1. U.S. Medical Gas Application & Equipment Market, by Others, by Country, 2020–2034 (USD billion)
7. U.S. Medical Gas Application & Equipment Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. U.S. Medical Gas Application & Equipment Market, by Medical Biotechnology, 2020-2034 (USD billion)
7.3. Therapeutic
7.3.1. U.S. Medical Gas Application & Equipment Market, by Therapeutic, by Country, 2020–2034 (USD billion)
7.4. Diagnostics
7.4.1. U.S. Medical Gas Application & Equipment Market, by Diagnostics, by Country, 2020–2034 (USD billion)
7.5. Pharmaceutical Manufacturing & Research
7.5.1. U.S. Medical Gas Application & Equipment Market, by Pharmaceutical Manufacturing & Research, by Country, 2020–2034 (USD billion)
7.6. Others
7.6.1. U.S. Medical Gas Application & Equipment Market, by Others, by Country, 2020–2034 (USD billion)
8. U.S. Medical Gas Application & Equipment Market, by End Use
8.1. Key Findings
8.2. Introduction
8.2.1. U.S. Medical Gas Application & Equipment Market, by End Use, 2020-2034 (USD billion)
8.3. Hospitals
8.3.1. U.S. Medical Gas Application & Equipment Market, by Hospitals, by Country, 2020–2034 (USD billion)
8.4. Clinics
8.4.1. U.S. Medical Gas Application & Equipment Market, by Clinics, by Country, 2020–2034 (USD billion)
8.5. Research and Diagnostic Laboratories
8.5.1. U.S. Medical Gas Application & Equipment Market, by Research and Diagnostic Laboratories, by Country, 2020–2034 (USD billion)
8.6. Ambulatory Surgical Centers
8.6.1. U.S. Medical Gas Application & Equipment Market, by Ambulatory Surgical Centers, by Country, 2020–2034 (USD billion)
8.7. Home Healthcare
8.7.1. U.S. Medical Gas Application & Equipment Market, by Home Healthcare, by Country, 2020–2034 (USD billion)
8.8. Pharmaceutical & Biotechnology Companies
8.8.1. U.S. Medical Gas Application & Equipment Market, by Pharmaceutical & Biotechnology Companies, by Country, 2020–2034 (USD billion)
8.9. Others
8.9.1. U.S. Medical Gas Application & Equipment Market, by Others, by Country, 2020–2034 (USD billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Air Liquide
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Cryogenmash JSC
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Gas Malaysia Berhad
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. INOX Air Products Pvt. Ltd
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Linde Malaysia (formerly MOX-Linde Gases)
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Linde Plc
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. NovaAir Pvt. Ltd
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Suzhou Xinglu Air Separation Plant Science and Technology Development Co., Ltd.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Taiyo Nippon Sanso Corporation
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Universal Industrial Gases, Inc.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
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