Medical Gases and Equipment Market Share, Development, Geographical Regions and Industry Forecast Report 2030

The size of medical gases and equipment market will power at a compound annual growth rate of 7.20% during 2022-2030, to touch a value of USD 33.84 billion by 2030.

This is mostly attributed to the global increase in chronic disease incidence and the growth of the home healthcare industry along with technological improvements.

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Moreover, the increased prevalence of respiratory disorders, brought on by an increase in cigarette users and pollution levels, and the rise in preterm deliveries, are driving the expansion of the industry.

The pure category had a larger share in the past because of the high frequency of chronic diseases, increasing hospital admissions, and rising number of road accidents worldwide.

North America dominated the medical gases and equipment market, accounting for an over 35% share, primarily due to the high usage of medical gases in the treatment and management of cardiovascular diseases, asthma, and COPD.

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Furthermore, Europe holds the second-largest share, with countries like Germany, France, and the U.K. playing a crucial role in the region's market growth.

With the rising demand for medical gases in various therapeutic and diagnostic applications, as well as the growing preference for home-based care, their demand will continue to grow in the years to come.

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Market Size Breakdown by Segment

By Type
• Medical Gas
o Pure
 By Type
 Oxygen
 Carbon Dioxide
 Nitrous Oxide
 Nitrogen
 Medical Air
 Helium
 By Form of Delivery
 High Pressure Cylinders
 Liquid Tanks
 Bulk Delivery
o Mixtures
 Blood-gas Mixtures
 Lung Diffusion Mixtures
 Nitrous oxide-oxygen Mixtures
 Carbon dioxide-oxygen Mixtures
 Laser-gas Mixtures
 Aerobic Mixtures
 Anaerobic Mixtures
 Ethylene Oxide
 Helium-oxygen Mixtures
• Medical gas equipment
o Equipment Accessories
 Hoses
 Manifolds
 Regulators
 Flowmeters
 Suction Regulators
 Vacuum Systems
 Outlets
 Monitoring Systems
 Valve with Integrated Pressure Regulator
 Medical Air Compressors
o Oxygen Concentrator
o Cryogenic Products
o Gas Delivery Systems
By Application
• Therapeutic
o Respiratory Diseases
o Cardiovascular Diseases
o Anesthesia
o Cryosurgery
o Others
• Diagnostics
o Medical Imaging
o General laboratory Use
• Pharmaceutical manufacturing and research
o Drug Discovery
o Process Development
o Pharmaceutical Manufacturing
o Quality Control
• Others
By End User
• Hospitals
• Home Healthcare
• Pharmaceutical and Biopharmaceutical Companies
• Diagnostic and Research Laboratories
• Academic Institutes and Research Institutes

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