의료가스 세계 시장 규모는 2023년 134억 달러로 평가되었고, 예측기간(2025-2032년)의 CAGR은 7.8%로, 2024년 151억 달러에서 2032년에는 263억 4,000만 달러로 성장할 전망입니다.
의료가스 시장은 만성호흡기질환(CRDs)의 유병률 상승, 정부의 헬스케어 노력, 재택건강 및 포인트 오브 케어 제품 수요를 높이는 고령화에 의해 큰 성장을 이루고 있습니다. COPD와 같은 질병과 관련된 사망자는 연간 300만 명을 넘어 산소와 관련된 의료 가스의 필요성이 전례 없이 높아지고 있습니다. COVID-19의 대유행은 이 수요를 더욱 악화시켜, 액체 의료용 산소의 사용량을 과거에 없게 급증시켰고, 인도에서 수요는 하루 5,000톤까지 급증했습니다. 또한 의료가스 용기의 안전성 향상과 식별을 목적으로 하는 FDA 규제가 시장 성장을 뒷받침할 것으로 예상됩니다. 재택 건강 서비스의 동향과 FDA 허가 증가는 의료 가스의 지속적인 수요를 약속하며 앞으로 몇 년동안 필수적인 분야가 될 것입니다.
Global Medical Gas Market size was valued at USD 13.4 billion in 2023 and is poised to grow from USD 15.1 billion in 2024 to USD 26.34 billion by 2032, growing at a CAGR of 7.8% during the forecast period (2025-2032).
The medical gases market is experiencing significant growth driven by the rising prevalence of chronic respiratory diseases (CRDs), government healthcare initiatives, and an aging population that increases the demand for home healthcare and point-of-care products. With over 3 million deaths linked to conditions like COPD annually, the need for oxygen and related medical gases is at an all-time high. The COVID-19 pandemic exacerbated this demand, leading to unprecedented spikes in liquid medicinal oxygen usage, with demand in India soaring to 5,000 tonnes per day. Furthermore, FDA regulations aimed at improving the safety and identification of medical gas containers are expected to bolster market growth. The trend toward at-home healthcare services and increasing FDA approvals promise a sustained demand for medical gases, making it an essential sector in the coming years.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Medical Gas market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Medical Gas Market Segmental Analysis
Global Medical Gas Market is segmented by product, application, end use and region. Based on product, the market is segmented into pure gases and gas mixtures. Based on application, the market is segmented into therapeutic, diagnostics, pharmaceutical manufacturing and others. Based on end use, the market is segmented into hospitals, ambulatory surgical centers, home healthcare, pharmaceutical and biotechnology companies, diagnostic and research laboratories and academic and research institutions. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Medical Gas Market
The global medical gas market is strongly influenced by the rising prevalence of obesity and associated health issues, which have surged in recent years due to lifestyle and dietary changes. Between 2021 and 2022, obesity rates escalated significantly, with the World Health Organization (WHO) reporting over 1.9 billion adults aged 18 and older classified as overweight in 2021, of which over 650 million were obese. Additionally, around 340 million children and adolescents aged 5 to 19 were identified as overweight or obese. Obesity is a primary contributor to the increasing occurrence of chronic diseases, including diabetes and heart disease, both of which have seen substantial growth over the last two decades. The American Hospital Association highlighted that in 2021, 149 million individuals in the U.S. were affected by at least one chronic illness, a number expected to reach 171 million by 2028. This alarming rise in lifestyle-related diseases is projected to drive the growth of the medical gases and equipment market significantly, as these gases are vital for the management of various chronic conditions, including respiratory diseases and cancer.
Restraints in the Global Medical Gas Market
The Global Medical Gas market faces a significant constraint due to the critical role of helium, primarily used in medical imaging and as a carrier gas in various analytical procedures. With over 20% of helium consumption linked to medical applications, the reliance on U.S. helium production becomes problematic. The vast majority of helium globally comes from the U.S. federal reserve, managed by the Bureau of Land Management. Legislative changes in 2021 aimed at gradually depleting this reserve at higher costs create uncertainty in helium availability, leading to a 5-10% shortfall for essential applications like MRI and defense. As helium prices are anticipated to rise, manufacturers are compelled to seek alternative cooling gases, which could negatively impact the overall medicinal gas market.
Market Trends of the Global Medical Gas Market
The Global Medical Gas market is witnessing significant growth, driven by the implementation of the FDA Safety and Innovation Act, which empowers manufacturers to innovate and control costs for medical gases and equipment. The shift towards home healthcare, coupled with an aging population and increasing urbanization, has further propelled demand. However, challenges such as helium shortages, evolving calibration standards, and reduced governmental reimbursements for respiratory therapies may restrain growth. Conversely, emerging markets present lucrative opportunities, alongside advancements in medical research technologies, positioning the market for resilience and expansion in the coming years.