Medical Gases And Equipment Market, By Product Type, By End User (Hospital, Ambulatory Care, Other End Users), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Recent Trends
Mergers, Acquisitions, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
PORTER's Analysis
4. Global Medical Gases and Equipment Market, By Product Type, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Medical Gases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Pure Gases
Gas Mixtures
Medical Equipment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Manifolds
Outlets
Hose Assemblies and Valves
Alarm Systems
Cylinders and Accessories
Flowmeters
Regulators
Medical Air Compressors
Vacuum Systems
Masks
5. Global Medical Gases and Equipment Market, By End User, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospital
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Ambulatory Care
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Other End Users
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
6. Global Medical Gases and Equipment Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
North America
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country, 2020 -2032, (USD Bn)
U.S.
Canada
Europe
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country, 2020 -2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country, 2020 -2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country, 2020 -2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country, 2020 -2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Market Size and Forecast, Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, Y-o-Y Growth, By Country/Region, 2020 - 2032, (USD Bn)