Global Medical Gases and Equipment Market
Industry Size, Competitive Landscape, Segmentation & Forecast (2026–2036)
Market Overview
The global Medical Gases and Equipment market is a foundational segment of the healthcare infrastructure, supporting critical care, anesthesia, respiratory therapy, diagnostics, and home healthcare. Medical gases such as oxygen, nitrous oxide, nitrogen, and medical air—along with associated delivery systems and monitoring equipment—are essential across hospitals, clinics, and homecare environments.
In 2017, the global Medical Gases and Equipment market was valued at XX million US$ and is projected to reach XX million US$ by 2036, growing at a CAGR of XX% during 2026–2036. Market growth is driven by rising surgical volumes, increasing prevalence of chronic respiratory diseases, expansion of home healthcare, aging populations, and continuous investments in hospital infrastructure.
Competitive Landscape – Key Market Players
The market is moderately consolidated, dominated by multinational industrial gas suppliers and specialized medical gas equipment manufacturers with strong distribution networks and long-term healthcare contracts.
Major Companies Profiled
-
Matheson Tri-Gas
-
Linde
-
Air Liquide
-
Air Products
-
Praxair
-
Airgas
-
BeaconMedaes
-
Medical Gas Solutions
Additional Active & Emerging Players
-
Atlas Copco (medical air & vacuum systems)
-
Messer Group
-
Taiyo Nippon Sanso
-
Amico Group (medical gas pipeline equipment)
-
Ohio Medical
-
Allied Healthcare Products
Segmentation Analysis
By Product Type
-
Medical Pure Gases
-
Oxygen
-
Nitrous Oxide
-
Medical Air
-
Nitrogen
-
-
Medical Gas Mixtures
-
Medical Gas Equipment
-
Cylinders & Valves
-
Flowmeters & Regulators
-
Manifolds & Pipeline Systems
-
Monitoring & Alarm Systems
-
Insight: Medical equipment and pipeline systems represent a high-value segment due to long-term installation and maintenance contracts.
By Mode of Supply
-
Bulk & On-site Gas Generation
-
Cylinder Supply
-
Portable & Homecare Systems
By Application
-
Hospitals
-
Clinics & Ambulatory Surgical Centers
-
Homecare
-
Other Healthcare Facilities
Insight: Hospitals account for the largest share, while homecare is the fastest-growing segment due to rising chronic disease management and early discharge programs.
Regional Analysis
United States
-
Largest market due to advanced healthcare infrastructure and high surgical volumes.
-
Strong demand for bulk oxygen and pipeline systems.
Europe
-
Stable growth supported by aging populations and universal healthcare systems.
-
Germany, France, and the UK are major contributors.
China
-
Rapid expansion driven by hospital construction and healthcare reform.
-
Growing demand for medical oxygen and on-site gas generation systems.
Japan
-
High adoption of advanced medical gas delivery and monitoring technologies.
Southeast Asia
-
Emerging demand supported by improving healthcare access and infrastructure.
India
-
Strong growth potential due to rising hospital capacity and home oxygen therapy demand.
Porter’s Five Forces Analysis
-
Threat of New Entrants: Low to Moderate – High capital and regulatory requirements
-
Bargaining Power of Suppliers: Moderate – Specialized gas production and logistics
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Bargaining Power of Buyers: High – Hospitals and healthcare systems negotiate long-term contracts
-
Threat of Substitutes: Low – Medical gases are essential and non-substitutable
-
Competitive Rivalry: Moderate – Long-term contracts reduce frequent switching
SWOT Analysis
Strengths
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Essential role in healthcare delivery
-
Recurring and non-cyclical demand
-
Strong long-term contracts
Weaknesses
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High infrastructure and logistics costs
-
Dependence on healthcare capital expenditure
Opportunities
-
Expansion of homecare and portable oxygen systems
-
Growth of on-site medical gas generation
-
Emerging market healthcare infrastructure investments
Threats
-
Regulatory and safety compliance risks
-
Price pressure from public healthcare systems
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Supply chain disruptions
Market Trends
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Increasing adoption of on-site oxygen generation systems
-
Rising demand for portable and homecare oxygen equipment
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Integration of digital monitoring and alarm systems
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Focus on safety, compliance, and automated gas management
Market Drivers & Challenges
Key Drivers
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Rising prevalence of respiratory and chronic diseases
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Growth in surgical and critical care procedures
-
Expansion of home healthcare services
Key Challenges
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High installation and maintenance costs
-
Strict regulatory and safety requirements
-
Infrastructure constraints in developing regions
Value Chain Analysis
-
Gas Production & Purification
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Equipment Manufacturing
-
Storage & Distribution
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Installation & Integration
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Healthcare Facility Usage
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Maintenance & Lifecycle Services
Strategic Recommendations for Stakeholders
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Manufacturers: Invest in portable and homecare-focused solutions
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Hospitals: Evaluate on-site gas generation to reduce long-term costs
-
Distributors: Strengthen logistics and emergency supply capabilities
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Investors: Target companies with strong service and maintenance portfolios
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Policy Makers: Support infrastructure upgrades and safety standardization
Study Timeline
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Historical Period: 2020–2024
-
Base Year: 2025
-
Estimated Year: 2026
-
Forecast Period: 2026–2036
Key Stakeholders
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Medical Gases and Equipment Manufacturers
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Hospitals & Healthcare Providers
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Homecare Service Providers
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Equipment Installers & MRO Providers
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Regulatory & Industry Associations
Customization Options Available
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Country-level market sizing and forecasts
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Hospital vs homecare demand analysis
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Product-specific (oxygen, mixtures, equipment) deep dives
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Competitive benchmarking and contract analysis
Table of Contents
Global Medical Gases and Equipment global market
1 Industry Overview of Medical Gases and Equipment
1.1 Medical Gases and Equipment Market Overview
1.1.1 Medical Gases and Equipment Product Scope
1.1.2 Market Status and Outlook
1.2 Global Medical Gases and Equipment Market Size and Analysis by Regions ()
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Medical Gases and Equipment Market by Type
1.3.1 Medical Pure Gases
1.3.2 Medical Gas mixtures
1.3.3 Medical Equipment
1.4 Medical Gases and Equipment Market by End Users/Application
1.4.1 Hospitals
1.4.2 Clinics
1.4.3 Homecare
1.4.4 Others
2 Global Medical Gases and Equipment Competition Analysis by Players
2.1 Medical Gases and Equipment Market Size (Value) by Players ()
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Matheson Tri-Gas Inc.
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Medical Gases and Equipment Revenue (Million USD) ()
3.2 Linde Gas
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Medical Gases and Equipment Revenue (Million USD) ()
3.3 Air Liquide
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Medical Gases and Equipment Revenue (Million USD) ()
3.4 Air Products and Chemicals Inc.
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Medical Gases and Equipment Revenue (Million USD) ()
3.5 Praxair Inc.
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Medical Gases and Equipment Revenue (Million USD) ()
3.6 Air Gas Inc.
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Medical Gases and Equipment Revenue (Million USD) ()
3.7 BeaconMedaes LLC
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Medical Gases and Equipment Revenue (Million USD) ()
3.8 Medical Gas Solutions
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Medical Gases and Equipment Revenue (Million USD) ()
4 Global Medical Gases and Equipment Market Size by Type and Application ()
4.1 Global Medical Gases and Equipment Market Size by Type ()
4.2 Global Medical Gases and Equipment Market Size by Application ()
4.3 Potential Application of Medical Gases and Equipment in Future
4.4 Top Consumer/End Users of Medical Gases and Equipment
5 United States Medical Gases and Equipment Development Status and Outlook
5.1 United States Medical Gases and Equipment Market Size ()
5.2 United States Medical Gases and Equipment Market Size and Market Share by Players ()
5.3 United States Medical Gases and Equipment Market Size by Application ()
6 Europe Medical Gases and Equipment Development Status and Outlook
6.1 Europe Medical Gases and Equipment Market Size ()
6.2 Europe Medical Gases and Equipment Market Size and Market Share by Players ()
6.3 Europe Medical Gases and Equipment Market Size by Application ()
7 China Medical Gases and Equipment Development Status and Outlook
7.1 China Medical Gases and Equipment Market Size ()
7.2 China Medical Gases and Equipment Market Size and Market Share by Players ()
7.3 China Medical Gases and Equipment Market Size by Application ()
8 Japan Medical Gases and Equipment Development Status and Outlook
8.1 Japan Medical Gases and Equipment Market Size ()
8.2 Japan Medical Gases and Equipment Market Size and Market Share by Players ()
8.3 Japan Medical Gases and Equipment Market Size by Application ()
9 Southeast Asia Medical Gases and Equipment Development Status and Outlook
9.1 Southeast Asia Medical Gases and Equipment Market Size ()
9.2 Southeast Asia Medical Gases and Equipment Market Size and Market Share by Players ()
9.3 Southeast Asia Medical Gases and Equipment Market Size by Application ()
10 India Medical Gases and Equipment Development Status and Outlook
10.1 India Medical Gases and Equipment Market Size ()
10.2 India Medical Gases and Equipment Market Size and Market Share by Players ()
10.3 India Medical Gases and Equipment Market Size by Application ()
11 Market Forecast by Regions, Type and Application ()
11.1 Global Medical Gases and Equipment Market Size (Value) by Regions ()
11.1.1 United States Medical Gases and Equipment Revenue and Growth Rate ()
11.1.2 Europe Medical Gases and Equipment Revenue and Growth Rate ()
11.1.3 China Medical Gases and Equipment Revenue and Growth Rate ()
11.1.4 Japan Medical Gases and Equipment Revenue and Growth Rate ()
11.1.5 Southeast Asia Medical Gases and Equipment Revenue and Growth Rate ()
11.1.6 India Medical Gases and Equipment Revenue and Growth Rate ()
11.2 Global Medical Gases and Equipment Market Size (Value) by Type ()
11.3 Global Medical Gases and Equipment Market Size by Application ()
12 Medical Gases and Equipment Market Dynamics
12.1 Medical Gases and Equipment Market Opportunities
12.2 Medical Gases and Equipment Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Medical Gases and Equipment Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Medical Gases and Equipment Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
List of Tables and Figures
Figure Global Medical Gases and Equipment Market Size (Million USD) Status and Outlook ()
Table Global Medical Gases and Equipment Revenue (Million USD) Comparison by Regions ()
Figure Global Medical Gases and Equipment Market Share by Regions ()
Figure United States Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Figure Europe Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Figure China Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Figure Japan Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Figure Southeast Asia Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Figure India Medical Gases and Equipment Market Size (Million USD) and Growth Rate by Regions ()
Table Global Medical Gases and Equipment Revenue (Million USD) and Growth Rate (%) Comparison by Product ()
Figure Global Medical Gases and Equipment Revenue Market Share by Type in 2017
Figure Medical Pure Gases Market Size (Million USD) and Growth Rate ()
Figure Medical Gas mixtures Market Size (Million USD) and Growth Rate ()
Figure Medical Equipment Market Size (Million USD) and Growth Rate ()
Figure Global Medical Gases and Equipment Market Share by Application in 2017
Figure Medical Gases and Equipment Market Size (Million USD) and Growth Rate in Hospitals ()
Figure Medical Gases and Equipment Market Size (Million USD) and Growth Rate in Clinics ()
Figure Medical Gases and Equipment Market Size (Million USD) and Growth Rate in Homecare ()
Figure Medical Gases and Equipment Market Size (Million USD) and Growth Rate in Others ()
Table Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure Medical Gases and Equipment Market Size Share by Players in 2013
Figure Medical Gases and Equipment Market Size Share by Players in 2017
Table Matheson Tri-Gas Inc. Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Matheson Tri-Gas Inc. ()
Figure Matheson Tri-Gas Inc. Medical Gases and Equipment Business Revenue Market Share ()
Table Linde Gas Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Linde Gas ()
Figure Linde Gas Medical Gases and Equipment Business Revenue Market Share ()
Table Air Liquide Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Air Liquide ()
Figure Air Liquide Medical Gases and Equipment Business Revenue Market Share ()
Table Air Products and Chemicals Inc. Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Air Products and Chemicals Inc. ()
Figure Air Products and Chemicals Inc. Medical Gases and Equipment Business Revenue Market Share ()
Table Praxair Inc. Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Praxair Inc. ()
Figure Praxair Inc. Medical Gases and Equipment Business Revenue Market Share ()
Table Air Gas Inc. Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Air Gas Inc. ()
Figure Air Gas Inc. Medical Gases and Equipment Business Revenue Market Share ()
Table BeaconMedaes LLC Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of BeaconMedaes LLC ()
Figure BeaconMedaes LLC Medical Gases and Equipment Business Revenue Market Share ()
Table Medical Gas Solutions Basic Information List
Table Medical Gases and Equipment Business Revenue (Million USD) of Medical Gas Solutions ()
Figure Medical Gas Solutions Medical Gases and Equipment Business Revenue Market Share ()
Table Global Medical Gases and Equipment Market Size (Million USD) by Product ()
Figure Global Medical Gases and Equipment Revenue Market Share (%) by Product ()
Figure Global Medical Gases and Equipment Market Share by Product in 2017
Table Global Medical Gases and Equipment Market Size by Application ()
Figure Global Medical Gases and Equipment Revenue Market Share (%) by Application in 2017
Table Top Consumer/End Users of Medical Gases and Equipment
Figure United States Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table United States Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure United States Medical Gases and Equipment Market Size Share by Players in 2013
Figure United States Medical Gases and Equipment Market Size Share by Players in 2017
Table United States Medical Gases and Equipment Market Size by Application ()
Figure United States Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure United States Medical Gases and Equipment Market Size Share by Application in 2017
Figure Europe Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table Europe Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure Europe Medical Gases and Equipment Market Size Share by Players in 2013
Figure Europe Medical Gases and Equipment Market Size Share by Players in 2017
Table Europe Medical Gases and Equipment Market Size by Application ()
Figure Europe Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure Europe Medical Gases and Equipment Market Size Share by Application in 2017
Figure China Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table China Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure China Medical Gases and Equipment Market Size Share by Players in 2013
Figure China Medical Gases and Equipment Market Size Share by Players in 2017
Table China Medical Gases and Equipment Market Size by Application ()
Figure China Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure China Medical Gases and Equipment Market Size Share by Application in 2017
Figure Japan Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table Japan Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure Japan Medical Gases and Equipment Market Size Share by Players in 2013
Figure Japan Medical Gases and Equipment Market Size Share by Players in 2017
Table Japan Medical Gases and Equipment Market Size by Application ()
Figure Japan Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure Japan Medical Gases and Equipment Market Size Share by Application in 2017
Figure Southeast Asia Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table Southeast Asia Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure Southeast Asia Medical Gases and Equipment Market Size Share by Players in 2013
Figure Southeast Asia Medical Gases and Equipment Market Size Share by Players in 2017
Table Southeast Asia Medical Gases and Equipment Market Size by Application ()
Figure Southeast Asia Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure Southeast Asia Medical Gases and Equipment Market Size Share by Application in 2017
Figure India Medical Gases and Equipment Market Size (Million USD) and Growth Rate ()
Table India Medical Gases and Equipment Market Size (Million USD) by Players ()
Figure India Medical Gases and Equipment Market Size Share by Players in 2013
Figure India Medical Gases and Equipment Market Size Share by Players in 2017
Table India Medical Gases and Equipment Market Size by Application ()
Figure India Medical Gases and Equipment Revenue Market Share (%) by Application ()
Figure India Medical Gases and Equipment Market Size Share by Application in 2017
Figure Global Medical Gases and Equipment Market Size and Growth Rate ()
Table Global Medical Gases and Equipment Market Size (Million USD) by Regions ()
Figure Global Medical Gases and Equipment Market Size Share ()
Figure Global Medical Gases and Equipment Market Size Share by Regions in 2025
Figure United States Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Figure Europe Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Figure China Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Figure Japan Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Figure Southeast Asia Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Figure India Medical Gases and Equipment Revenue (Million USD) and Growth Rate ()
Table Global Medical Gases and Equipment Market Size (Million USD) by Type ()
Figure Global Medical Gases and Equipment Market Size Share by Type in 2018
Figure Global Medical Gases and Equipment Market Size Share by Type in 2025
Table Global Medical Gases and Equipment Market Size (Million USD) by Application ()
Figure Global Medical Gases and Equipment Market Size (Million USD) by Application in 2018
Competitive Landscape – Key Market Players
The market is moderately consolidated, dominated by multinational industrial gas suppliers and specialized medical gas equipment manufacturers with strong distribution networks and long-term healthcare contracts.
Major Companies Profiled
-
Matheson Tri-Gas
-
Linde
-
Air Liquide
-
Air Products
-
Praxair
-
Airgas
-
BeaconMedaes
-
Medical Gas Solutions
Additional Active & Emerging Players
-
Atlas Copco (medical air & vacuum systems)
-
Messer Group
-
Taiyo Nippon Sanso
-
Amico Group (medical gas pipeline equipment)
-
Ohio Medical
-
Allied Healthcare Products
Segmentation Analysis
By Product Type
-
Medical Pure Gases
-
Oxygen
-
Nitrous Oxide
-
Medical Air
-
Nitrogen
-
-
Medical Gas Mixtures
-
Medical Gas Equipment
-
Cylinders & Valves
-
Flowmeters & Regulators
-
Manifolds & Pipeline Systems
-
Monitoring & Alarm Systems
-
Insight: Medical equipment and pipeline systems represent a high-value segment due to long-term installation and maintenance contracts.
By Mode of Supply
-
Bulk & On-site Gas Generation
-
Cylinder Supply
-
Portable & Homecare Systems
By Application
-
Hospitals
-
Clinics & Ambulatory Surgical Centers
-
Homecare
-
Other Healthcare Facilities
Insight: Hospitals account for the largest share, while homecare is the fastest-growing segment due to rising chronic disease management and early discharge programs.
