Medical Gases And Equipment Market is estimated to be valued at USD 14.67 Bn in 2025 and is expected to reach USD 24.98 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 14.67 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
7.90% |
2032 Value Projection: |
USD 24.98 Bn |
Medical Gases and Equipment are used life support and during the treatment of diseases such as respiratory illnesses, carbon monoxide poisoning, and cardiovascular diseases. Medical air compressor are used to supply contamination- and particle-free air to patients all the time. Increasing prevalence of chronic disorders is expected to propel growth of the global medical gases and equipment market over the forecast period.
Furthermore, increasing funding for public hospitals along with increasing healthcare infrastructure is also expected to propel the market growth during the forecasted period.
Key features of the study
- This report provides in-depth analysis of the Medical Gases and Equipment market and provides market size (USD million) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global Medical Gases and Equipment market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include, Air Liquide S.A., Praxair, Inc. (The Linde Group), BeaconMedaes LLC, Air Products and Chemicals Inc., Medical Gas Solutions, Airgas Inc., and MATHESON Tri-Gas Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global Medical Gases and Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Medical Gases and Equipment market
Market Segmentation
- Medical Gases and Equipment Market, By Product Type
- Medical gases
- Pure Gases
- Gas Mixtures
- Medical equipment
- Manifolds
- Outlets
- Hose Assemblies and Valves
- Alarm Systems
- Cylinders and Accessories
- Flowmeters
- Regulators
- Medical Air Compressors
- Vacuum Systems
- Masks
- Medical Gases and Equipment Market, By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Air Liquide S.A
- Praxair, Inc.
- (The Linde Group)
- BeaconMedaes LLC
- Air Products and Chemicals Inc.
- Medical Gas Solutions
- Airgas Inc
- MATHESON Tri-Gas Inc.