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Medical Gas Market is expected to reach US$ 68.31 billion by 2033 | Major Companies - Air Liquide, Linde plc, Air Products and Chemicals, Inc., Messer Group GmbH, SOL Group

02-05-2026 10:53 AM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Medical Gas Market

Medical Gas Market

Market Size and Growth:

The Global Medical Gas Market size reached US$ 18.98 billion in 2024 and is expected to reach US$ 68.31 billion by 2033, growing at a CAGR of 13.6% during the forecast period 2025-2033.

The Medical Gas Market encompasses the production, storage, distribution, and application of gases used in healthcare settings for therapeutic, diagnostic, and pharmaceutical purposes. These gases include oxygen, nitrous oxide, carbon dioxide, nitrogen, and medical air, which are essential for anesthesia, respiratory support, imaging procedures, and laboratory use. The market serves hospitals, clinics, home healthcare providers, and emergency services, driven by rising surgical procedures, chronic respiratory diseases, and expanding healthcare infrastructure worldwide.

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Recent Key Developments of United States:

✅ February 2026: Healthcare providers integrated IoT-enabled monitoring for medical gas pipelines in major hospitals, improving safety and efficiency.

✅ January 2026: Air Liquide and other firms raised medical gas prices effective early 2026 due to raw material costs and supply chain adjustments.

✅ December 2025: FDA approved new portable medical gas delivery systems from leading manufacturers, enhancing home healthcare applications for chronic patients.

✅ November 2025: Major U.S. medical gas suppliers announced expansions in production capacity for oxygen and nitrous oxide to meet rising demand from hospital networks amid increased respiratory care needs.

Recent Key Developments of Japan:

✅ February 2026: Expansion of home healthcare services drove adoption of portable oxygen concentrators, supported by aging population initiatives.

✅ January 2026: Air Liquide Japan revised prices upward for medical oxygen and other gases starting January 1, reflecting global energy trends.
December 2025: Local firms launched advanced cryogenic storage solutions for medical helium and nitrogen, targeting biotech research labs.

✅ November 2025: Japan's Ministry of Health updated guidelines for medical gas purity standards, prompting industry-wide compliance upgrades.

List of the Key Players in the Medical Gas Market:

Air Liquide
Linde plc
Air Products and Chemicals, Inc.
Messer Group GmbH
SOL Group
Matheson Tri-Gas, Inc.
Atlas Copco
GCE Group
Nova Gas Technologies
Gruppo SIAD.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/medical-gas-market?sz

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Medical Gas Market:

By Product Type: Pure Gases, Gas Mixtures, Others.

By Application: Respiratory Therapy, Cardiovascular Therapy, Anesthesia Cryosurgery, Others.

By End-User: Hospitals & Clinics, Ambulatory Surgical Centers (ASCs) Home Healthcare, Pharmaceutical & Biotechnology Companies.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Medical Gas market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Medical Gas Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Medical Gas market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Medical Gas Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

◆ How big is the Medical Gas Market in 2025?
◆ What is the projected growth rate of the Medical Gas Market through 2033?
◆ Who are the key players in the Medical Gas Market?
◆ Which region is expected to dominate the industry during the forecast period?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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