The Medical Gas And Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Medical Gas And Equipment Market?
The market for medical gas and equipment has significantly expanded in recent times. The market size is projected to rise from $21.99 billion in 2024 to $23.79 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 8.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Medical Gas And Equipment Industry?
By 2029, the market size for the Medical Gas And Equipment market is projected to reach $35.15 billion. The compound annual growth rate (CAGR) is anticipated to be 10.2%.
Download Your Free Sample of the 2025 Medical Gas And Equipment Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Medical Gas And Equipment Market?
The key drivers in the medical gas and equipment market are:
• Rise in healthcare expenditure
• Increase in prevalence of chronic diseases
• Impact of the COVID-19 pandemic on healthcare needs
• Shift towards home healthcare and demand in emerging markets
Global Market Segmentation: Identifying Major Medical Gas And Equipment Industry Segments
The medical gas and equipment market covered in this report is segmented –
1) By Type: Medical Gases, Medical Gas Mixtures, Biological Atmospheres, Medical Gas Equipment
2) By Application: Respiratory, Anesthesia, Medical Imaging, Cryosurgery, Therapeutic, Diagnostic
3) By End-User: Hospitals, Research Institutions, Home Healthcare, Pharmaceutical Industry And Academic, Biotechnology Industry, Emergency Service
Pre-order the 2025 Medical Gas And Equipment Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Medical Gas And Equipment Market?
The key trends in the medical gas and equipment market are:
• The medical gas and equipment market is seeing a trend towards cost efficiency and accessibility.
• Improved awareness and education regarding these resources are shaping the future of the market.
• The development of personalized medicine is an emerging trend in the industry.
• There is a growing focus on telemedicine, remote monitoring, and green technology within the sector.
Who Are the Top Competitors & Leading Players in the Medical Gas And Equipment Market?
Major companies in the medical gas and equipment market are:
• Linde PLC
• Praxair Inc.
• Air Liquide S.A.
• Atlas Copco AB
• Messer Group GmbH
• Taiyo Nippon Sanso Corporation
• Gas Control Equipment Ltd.
• Rotarex S.A.
• SOL S.p.A.
• Amico Corporation
• Air Products and Chemicals Inc.
• BeaconMedaes LLC
• Flogas Britain Limited
• Matheson Tri-Gas Inc.
• SCI Analytical Laboratories Inc.
• GCE Holding AB
• Medical Gas Solutions Ltd.
• Ohio Medical Corporation
• Powerex Corp.
• Gentec Corporation
• Cramer Decker Medical Inc.
• PCI Gases
• Precision Medical Inc.
• Bay Corporation
• Amada Marvel Inc.
• BPR Medical
• Calea
• Cryofab Inc
• EKOM spol. s r.o.
• Far East Gas Co. Ltd.
• Gascon Systems Pty Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the medical gas and equipment market in 2024
