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Medical Gas Market Size, Share & Trends Analysis Report by Product (Pure Gases, Gas Mixtures), Application (Therapeutic, Diagnostics), End-use (Hospitals, Home Healthcare), Region, and Segment Forecasts, 2023-2030

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    Report

  • 90 Pages
  • December 2023
  • Region: Global
  • Grand View Research
  • ID: 3934174
Description Jump to:
The global medical gas market size is expected to reach USD 25.55 billion by 2030, expanding at a CAGR of 8.14% from 2023 to 2030. The rapid rise in the prevalence of chronic diseases, which necessitates the use of medical gases at various stages of disease management and control, is a major factor driving the market forward. According to the WHO, there has been a significant increase in the prevalence of diabetes, heart disease, and other non-communicable diseases worldwide over the last two decades. For instance, as per the CDC data, in 2018, 51.8% of US adults suffered from at least 1 chronic condition, and 27.2% had multiple chronic conditions.

Medical gases are an important component of many long-term care treatments for chronic conditions, and thereby rising prevalence of these diseases is expected to drive the growth of the medical gases market in the coming years. Furthermore, increased demand for advanced medical gas equipment such as vacuum systems and manifolds, are expected to drive market growth. For instance, Powerex is the first manufacturer of medical gas systems to test and certify manifolds. In addition, lately, healthcare has been evolving toward personalized medicine, DIY healthcare, and the homecare model, driven by technological advancements and financial pressure. This dramatic shift has created some significant opportunities in the medical gases industry. Home oxygen therapy, respiratory treatments, sleep therapy, and positive airway pressure devices have all increased demand for medical gases, and this is expected to continue over the next decade.

Medical Gas Market Report Highlights

  • Based on product, the pure gas segment dominated the market with a share of 55% in 2022 owing to the presence of a huge patient base suffering from respiratory disorders, and increasing number of patients requiring emergency medical care
  • Based on application, the therapeutic segment held the largest market share over the forecast period. This is owing torise in the number of chronic diseases, and an increasing geriatric population
  • The hospital segment dominated the market in 2022, owing to hospitals' extensive use of medical gases and equipment as a result of their large patient pool
  • North America dominated the market and accounted for the highest revenue share of 35.8% in 2022. The growing awareness about chronic diseases, rising adoption of technologically advanced therapeutic and diagnostic products is projected to contribute to the regional market growth

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Application
1.1.3. End use
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Application outlook
2.2.3. End use outlook
2.2.4. Regional outlook
2.3. Competitive Insights
Chapter 3. Medical Gas Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Medical Gas Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Medical Gas: Product Estimates & Trend Analysis
4.1. Medical Gas Market: Key Takeaways
4.2. Medical Gas Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Pure Gases
4.3.1. Pure gases market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.1. Medical Air
4.3.1.1.1. Medical air market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.2. Oxygen
4.3.1.2.1. Oxygen market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.3. Nitrous oxide
4.3.1.3.1. Nitrous oxide market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.4. Nitrogen
4.3.1.4.1. Nitrogen market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.5. Carbon dioxide
4.3.1.5.1. Carbon dioxide market estimates and forecasts, 2018 to 2030 (USD Million)
4.3.1.6. Helium
4.3.1.6.1. Helium market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Gas Mixtures
4.4.1. Gas mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.1. Aerobic Gas Mixtures
4.4.1.1.1. Aerobic gas mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.2. Anaerobic Gas Mixtures
4.4.1.2.1. Anaerobic gas mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.3. Blood Gas Mixtures
4.4.1.3.1. Blood gas mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.4. Lung Diffusion Mixtures
4.4.1.4.1. Lung diffusion mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.5. Medical Laser Mixtures
4.4.1.5.1. Medical laser mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.6. Medical Drug Gas Mixtures
4.4.1.6.1. Medical drug gas mixtures market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.1.7. Others
4.4.1.7.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Medical Gas: Application Estimates & Trend Analysis
5.1. Medical Gas Market: Key Takeaways
5.2. Medical Gas Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Therapeutics
5.3.1. Therapeutics market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Diagnostics
5.4.1. Diagnostics market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Pharmaceutical Manufacturing
5.5.1. Pharmaceutical manufacturing market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Others
5.6.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Medical Gas: End Use Estimates & Trend Analysis
6.1. Medical Gas Market: Key Takeaways
6.2. Medical Gas Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Hospitals
6.3.1. Hospitals market estimates and forecasts, 2018 to 2030 (USD Million)
6.4. Ambulatory Surgical Centers
6.4.1. Ambulatory surgical centers market estimates and forecasts, 2018 to 2030 (USD Million)
6.5. Home Healthcare
6.5.1. Home healthcare market estimates and forecasts, 2018 to 2030 (USD Million)
6.6. Pharmaceutical and Biotechnology Companies
6.6.1. Pharmaceutical and biotechnology companies market estimates and forecasts, 2018 to 2030 (USD Million)
6.7. Diagnostic and Research Laboratories
6.7.1. Diagnostic and research laboratories market estimates and forecasts, 2018 to 2030 (USD Million)
6.8. Academic and Research Institutions
6.8.1. Academic and research institutions market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Medical Gas Market: Regional Estimates & Trend Analysis
7.1. Regional Outlook
7.2. Medical Gas Market by Region: Key Marketplace Takeaway
7.3. North America
7.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.3.2. U.S.
7.3.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.3.3. Canada
7.3.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4. Europe
7.4.1. UK
7.4.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.2. Germany
7.4.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.3. France
7.4.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.4. Italy
7.4.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.5. Spain
7.4.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.6. Sweden
7.4.6.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.7. Norway
7.4.7.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.4.8. Denmark
7.4.8.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5. Asia-Pacific
7.5.1. Japan
7.5.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5.2. China
7.5.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5.3. India
7.5.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5.4. Australia
7.5.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5.5. Thailand
7.5.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.5.6. South Korea
7.5.6.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.6. Latin America
7.6.1. Brazil
7.6.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.6.2. Mexico
7.6.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.6.3. Argentina
7.6.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.7. MEA
7.7.1. Saudi Arabia
7.7.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.7.2. South Africa
7.7.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.7.3. UAE
7.7.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
7.7.4. Kuwait
7.7.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
8.2.1. Linde plc.
8.2.1.1. Company overview
8.2.1.2. Financial performance
8.2.1.3. Product benchmarking
8.2.1.4. Strategic initiatives
8.2.2. Air Liquide
8.2.2.1. Company overview
8.2.2.2. Financial performance
8.2.2.3. Product benchmarking
8.2.2.4. Strategic initiatives
8.2.3. Atlas Copco
8.2.3.1. Company overview
8.2.3.2. Financial performance
8.2.3.3. Product benchmarking
8.2.3.4. Strategic initiatives
8.2.4. Messer
8.2.4.1. Company overview
8.2.4.2. Financial performance
8.2.4.3. Product benchmarking
8.2.4.4. Strategic initiatives
8.2.5. Air Products and Chemicals Inc.
8.2.5.1. Company overview
8.2.5.2. Financial performance
8.2.5.3. Product benchmarking
8.2.5.4. Strategic initiatives
8.2.6. TAIYO NIPPON SANSO CORPORATION
8.2.6.1. Company overview
8.2.6.2. Financial performance
8.2.6.3. Product benchmarking
8.2.6.4. Strategic initiatives
8.2.7. Matheson Tri-Gas Inc.
8.2.7.1. Company overview
8.2.7.2. Financial performance
8.2.7.3. Product benchmarking
8.2.7.4. Strategic initiatives
8.2.8. INOX-Air Products Inc.
8.2.8.1. Company overview
8.2.8.2. Financial performance
8.2.8.3. Product benchmarking
8.2.8.4. Strategic initiatives
List of Tables
Table 1 List of abbreviation
Table 2 North America medical mas market, by product, 2018-2030 (USD Million)
Table 3 North America medical gas market, by application, 2018-2030 (USD Million)
Table 4 North America medical gas market, by end use, 2018-2030 (USD Million)
Table 5 North America medical gas market, by region, 2018-2030 (USD Million)
Table 6 U.S. medical gas market, by product, 2018-2030 (USD Million)
Table 7 U.S. medical gas market, by application, 2018-2030 (USD Million)
Table 8 U.S. medical gas market, by end use, 2018-2030 (USD Million)
Table 9 Canada medical gas market, by product, 2018-2030 (USD Million)
Table 10 Canada medical gas market, by application, 2018-2030 (USD Million)
Table 11 Canada medical gas market, by end use, 2018-2030 (USD Million)
Table 12 Europe medical gas market, by product, 2018-2030 (USD Million)
Table 13 Europe medical gas market, by application, 2018-2030 (USD Million)
Table 14 Europe medical gas market, by end use, 2018-2030 (USD Million)
Table 15 Europe medical gas market, by region, 2018-2030 (USD Million)
Table 16 UK medical gas market, by product, 2018-2030 (USD Million)
Table 17 UK medical gas market, by application, 2018-2030 (USD Million)
Table 18 UK medical gas market, by end use, 2018-2030 (USD Million)
Table 19 Germany medical gas market, by product, 2018-2030 (USD Million)
Table 20 Germany medical gas market, by application, 2018-2030 (USD Million)
Table 21 Germany medical gas market, by end use, 2018-2030 (USD Million)
Table 22 France medical gas market, by product, 2018-2030 (USD Million)
Table 23 France medical gas market, by application, 2018-2030 (USD Million)
Table 24 France medical gas market, by end use, 2018-2030 (USD Million)
Table 25 Italy medical gas market, by product, 2018-2030 (USD Million)
Table 26 Italy medical gas market, by application, 2018-2030 (USD Million)
Table 27 Italy medical gas market, by end use, 2018-2030 (USD Million)
Table 28 Spain medical gas market, by product, 2018-2030 (USD Million)
Table 29 Spain medical gas market, by application, 2018-2030 (USD Million)
Table 30 Spain medical gas market, by end use, 2018-2030 (USD Million)
Table 31 Sweden medical gas market, by product, 2018-2030 (USD Million)
Table 32 Sweden medical gas market, by application, 2018-2030 (USD Million)
Table 33 Sweden medical gas market, by end use, 2018-2030 (USD Million)
Table 34 Norway medical gas market, by product, 2018-2030 (USD Million)
Table 35 Norway medical gas market, by application, 2018-2030 (USD Million)
Table 36 Norway medical gas market, by end use, 2018-2030 (USD Million)
Table 37 Denmark medical gas market, by product, 2018-2030 (USD Million)
Table 38 Denmark medical gas market, by application, 2018-2030 (USD Million)
Table 39 Denmark medical gas market, by end use, 2018-2030 (USD Million)
Table 40 Asia-Pacific medical gas market, by product, 2018-2030 (USD Million)
Table 41 Asia-Pacific medical gas market, by application, 2018-2030 (USD Million)
Table 42 Asia-Pacific medical gas market, by end use, 2018-2030 (USD Million)
Table 43 Asia-Pacific medical gas market, by region, 2018-2030 (USD Million)
Table 44 Japan medical gas market, by product, 2018-2030 (USD Million)
Table 45 Japan medical gas market, by application, 2018-2030 (USD Million)
Table 46 Japan medical gas market, by end use, 2018-2030 (USD Million)
Table 47 China medical gas market, by product, 2018-2030 (USD Million)
Table 48 China medical gas market, by application, 2018-2030 (USD Million)
Table 49 China medical gas market, by end use, 2018-2030 (USD Million)
Table 50 India medical gas market, by product, 2018-2030 (USD Million)
Table 51 India medical gas market, by application, 2018-2030 (USD Million)
Table 52 India medical gas market, by end use, 2018-2030 (USD Million)
Table 53 Australia medical gas market, by product, 2018-2030 (USD Million)
Table 54 Australia medical gas market, by application, 2018-2030 (USD Million)
Table 55 Australia medical gas market, by end use, 2018-2030 (USD Million)
Table 56 Thailand medical gas market, by product, 2018-2030 (USD Million)
Table 57 Thailand medical gas market, by application, 2018-2030 (USD Million)
Table 58 Thailand medical gas market, by end use, 2018-2030 (USD Million)
Table 59 South Korea medical gas market, by product, 2018-2030 (USD Million)
Table 60 South Korea medical gas market, by application, 2018-2030 (USD Million)
Table 61 South Korea medical gas market, by end use, 2018-2030 (USD Million)
Table 62 Latin America medical gas market, by product, 2018-2030 (USD Million)
Table 63 Latin America medical gas market, by application, 2018-2030 (USD Million)
Table 64 Latin America medical gas market, by end use, 2018-2030 (USD Million)
Table 65 Latin America medical gas market, by region, 2018-2030 (USD Million)
Table 66 Brazil medical gas market, by product, 2018-2030 (USD Million)
Table 67 Brazil medical gas market, by application, 2018-2030 (USD Million)
Table 68 Brazil medical gas market, by end use, 2018-2030 (USD Million)
Table 69 Mexico medical gas market, by product, 2018-2030 (USD Million)
Table 70 Mexico medical gas market, by application, 2018-2030 (USD Million)
Table 71 Mexico medical gas market, by end use, 2018-2030 (USD Million)
Table 72 Argentina medical gas market, by product, 2018-2030 (USD Million)
Table 73 Argentina medical gas market, by application, 2018-2030 (USD Million)
Table 74 Argentina medical gas market, by end use, 2018-2030 (USD Million)
Table 75 Middle East and Africa medical gas market, by product, 2018-2030 (USD Million)
Table 76 Middle East and Africa medical gas market, by application, 2018-2030 (USD Million)
Table 77 Middle East and Africa medical gas market, by end use, 2018-2030 (USD Million)
Table 78 Middle East and Africa medical gas market, by region, 2018-2030 (USD Million)
Table 79 Saudi Arabia medical gas market, by product, 2018-2030 (USD Million)
Table 80 Saudi Arabia medical gas market, by application, 2018-2030 (USD Million)
Table 81 Saudi Arabia medical gas market, by end use, 2018-2030 (USD Million)
Table 82 South Africa medical gas market, by product, 2018-2030 (USD Million)
Table 83 South Africa medical gas market, by application, 2018-2030 (USD Million)
Table 84 South Africa medical gas market, by end use, 2018-2030 (USD Million)
Table 85 UAE medical gas market, by product, 2018-2030 (USD Million)
Table 86 UAE medical gas market, by application, 2018-2030 (USD Million)
Table 87 UAE medical gas market, by end use, 2018-2030 (USD Million)
Table 88 Kuwait medical gas market, by product, 2018-2030 (USD Million)
Table 89 Kuwait medical gas market, by application, 2018-2030 (USD Million)
Table 90 Kuwait medical gas market, by end use, 2018-2030 (USD Million)
List of Figures
Figure 1 Market research process
Figure 2 Data triangulation techniques
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value-chain-based sizing & forecasting
Figure 6 QFD modeling for market share assessment
Figure 7 Market formulation & validation
Figure 8 Medical gas: Market outlook
Figure 9 Medical gas: Competitive insights
Figure 10 Parent market outlook
Figure 11 Related/ancillary market outlook
Figure 12 Penetration and growth prospect mapping
Figure 13 Industry value chain analysis
Figure 14 Medical gas market driver impact
Figure 15 Medical gas market restraint impact
Figure 16 Medical gas market strategic initiatives analysis
Figure 17 Medical gas market: Product movement analysis
Figure 18 Medical gas market: Product outlook and key takeaways
Figure 19 Pure gases market estimates and forecasts, 2018-2030 (USD Million)
Figure 20 Medical air market estimates and forecasts, 2018-2030 (USD Million)
Figure 21 Oxygen market estimates and forecasts, 2018-2030 (USD Million)
Figure 22 Nitrous oxide market estimates and forecasts, 2018-2030 (USD Million)
Figure 23 Nitrogen market estimates and forecasts, 2018-2030 (USD Million)
Figure 24 Carbon dioxide market estimates and forecasts, 2018-2030 (USD Million)
Figure 25 Helium market estimates and forecasts, 2018-2030 (USD Million)
Figure 26 Gas mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 27 Aerobic gas mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 28 Anaerobic gas mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 29 Blood gas mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 30 Lung diffusion mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 31 Medical laser mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 32 Medical drug gas mixtures market estimates and forecasts, 2018-2030 (USD Million)
Figure 33 Others market estimates and forecasts, 2018-2030 (USD Million)
Figure 34 Medical gas market: Application movement analysis
Figure 35 Medical gas market: Application outlook and key takeaways
Figure 36 Therapeutic market estimates and forecasts, 2018-2030 (USD Million)
Figure 37 Diagnostics market estimates and forecasts, 2018-2030 (USD Million)
Figure 38 Pharmaceutical manufacturing market estimates and forecasts, 2018-2030 (USD Million)
Figure 39 Others market estimates and forecasts, 2018-2030 (USD Million)
Figure 40 Medical gas market: End use movement analysis
Figure 41 Medical gas market: End use outlook and key takeaways
Figure 42 Hospitals market estimates and forecasts, 2018-2030 (USD Million)
Figure 43 Ambulatory surgical centers market estimates and forecasts, 2018-2030 (USD Million)
Figure 44 Home healthcare market estimates and forecasts, 2018-2030 (USD Million)
Figure 45 Pharmaceuticals and biotechnology companies market estimates and forecasts, 2018-2030 (USD Million)
Figure 46 Diagnostic and research laboratories market estimates and forecasts, 2018-2030 (USD Million)
Figure 47 Academic and research institutions market estimates and forecasts, 2018-2030 (USD Million)
Figure 48 Global medical gas market: Regional movement analysis
Figure 49 Global medical gas market: Regional outlook and key takeaways
Figure 50 North America market estimates and forecasts, 2018-2030 (USD Million)
Figure 51 U.S. market estimates and forecasts, 2018-2030 (USD Million)
Figure 52 Canada market estimates and forecasts, 2018-2030 (USD Million)
Figure 53 Europe market estimates and forecasts, 2018-2030 (USD Million)
Figure 54 UK market estimates and forecasts, 2018-2030 (USD Million)
Figure 55 Germany market estimates and forecasts, 2018-2030 (USD Million)
Figure 56 France market estimates and forecasts, 2018-2030 (USD Million)
Figure 57 Italy market estimates and forecasts, 2018-2030 (USD Million)
Figure 58 Spain market estimates and forecasts, 2018-2030 (USD Million)
Figure 59 Sweden market estimates and forecasts, 2018-2030 (USD Million)
Figure 60 Norway market estimates and forecasts, 2018-2030 (USD Million)
Figure 61 Denmark market estimates and forecasts, 2018-2030 (USD Million)
Figure 62 Asia-Pacific market estimates and forecasts, 2018-2030 (USD Million)
Figure 63 Japan market estimates and forecasts, 2018-2030 (USD Million)
Figure 64 China market estimates and forecasts, 2018-2030 (USD Million)
Figure 65 India market estimates and forecasts, 2018-2030 (USD Million)
Figure 66 Australia market estimates and forecasts, 2018-2030 (USD Million)
Figure 67 Thailand market estimates and forecasts, 2018-2030 (USD Million)
Figure 68 South Korea market estimates and forecasts, 2018-2030 (USD Million)
Figure 69 Latin America market estimates and forecasts, 2018-2030 (USD Million)
Figure 70 Brazil market estimates and forecasts, 2018-2030 (USD Million)
Figure 71 Mexico market estimates and forecasts, 2018-2030 (USD Million)
Figure 72 Argentina market estimates and forecasts, 2018-2030 (USD Million)
Figure 73 Middle East and Africa market estimates and forecasts, 2018-2030 (USD Million)
Figure 74 Saudi Arabia market estimates and forecasts, 2018-2030 (USD Million)
Figure 75 South Africa market estimates and forecasts, 2018-2030 (USD Million)
Figure 76 UAE market estimates and forecasts, 2018-2030 (USD Million)
Figure 77 Kuwait market estimates and forecasts, 2018-2030 (USD Million)

Companies Mentioned

  • Linde plc.
  • Air Liquide
  • Atlas Copco
  • Messer
  • Air Products and Chemicals Inc.
  • TAIYO NIPPON SANSO CORPORATION
  • Matheson Tri-Gas Inc.
  • INOX-Air Products Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages90
PublishedDecember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 13.75 Billion
Forecasted Market Value ( USD ) by 2030 $ 25.55 Billion
Compound Annual Growth Rate8.1%
Regions CoveredGlobal
No. of Companies Mentioned8

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About the Medical Gas Market

The Medical Gas market is a subset of the Medical Devices industry, which encompasses a wide range of products used in the diagnosis, monitoring, and treatment of medical conditions. Medical gases are used in a variety of medical applications, such as anesthesia, respiratory therapy, and sterilization. These gases are typically stored in cylinders and delivered to medical facilities via a network of pipelines. Medical gas systems are designed to ensure the safe and reliable delivery of medical gases to the point of use. Medical gas systems are designed to meet the specific needs of each medical facility, and may include components such as gas outlets, alarms, and monitoring systems. In addition, medical gas systems must comply with applicable safety standards and regulations. Some companies in the Medical Gas market include Air Liquide, Praxair, Linde, Air Products, and Matheson. Show Less Read more

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