Medical Gas And Equipment Market Report 2026

Medical Gas And Equipment Market Overview

• Medical Gas And Equipment market size has reached to $23.66 billion in 2025 • Expected to grow to $37.73 billion in 2030 at a compound annual growth rate (CAGR) of 9.7% • Growth Driver: Rising Prevalence Of Respiratory Diseases To Drive Market Growth • Market Trend: Advancements In Automatic Manifold Changeover Systems Reshaping The Medical Gas And Equipment Market • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Medical Gas And Equipment Market?

Medical gas and equipment refer to the gases used in healthcare settings and the devices associated with their delivery and regulation. These gases are essential for various medical procedures, including anesthesia, respiratory support, and surgical tool operation. The equipment help control the distribution and safe administration of these gases to patients, ensuring proper treatment and care across hospitals and clinics. The main types of medical gas and equipment are medical gases, medical gas mixtures, biological atmospheres, and medical gas equipment. Medical gases are packaged gases that are used for human treatment contain one or more gases intended for therapy or diagnosis and are used in medical procedures. These are used in various applications including respiratory, anesthesia, medical imaging, cryosurgery, therapeutic, and diagnostic purposes, and by different end users such as hospitals, research institutions, home healthcare, the pharmaceutical industry and academic, biotechnology industry, and emergency services.

What Is The Medical Gas And Equipment Market Growth Forecast?

The medical gas and equipment market size is expected to see strong growth in the next few years. It will grow to $37.73 billion in 2030 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to increasing adoption of home healthcare services, rising investments in advanced medical gas delivery technologies, expansion of diagnostic and imaging centers, growing focus on automation in gas management, increasing demand for specialty medical gas mixtures. Major trends in the forecast period include expansion of centralized medical gas systems, increasing adoption of advanced gas monitoring equipment, rising demand for portable medical gas solutions, growing focus on safety-compliant gas delivery devices, enhanced integration of automated gas regulation systems.

Global Medical Gas And Equipment Market Segmentation

1) By Type: Medical Gases, Medical Gas Mixtures, Medical Gas Equipment 2) By Application: Respiratory, Anesthesia, Therapeutic 3) By End-User: Hospitals, Home Healthcare, Emergency Service Subsegments: 1) By Medical Gases: Oxygen, Nitrous Oxide, Carbon Dioxide, Helium, Nitrogen, Medical Air 2) By Medical Gas Mixtures: Oxygen-Nitrous Oxide Mixtures, Oxygen-Carbon Dioxide Mixtures, Other Specialty Gas Mixtures 3) By Medical Gas Equipment: Regulators, Flow Meters, Manifolds, Gas Cylinders, Pipeline Systems, Safety Systems, Gas Delivery Systems

What Is The Driver Of The Medical Gas And Equipment Market?

The increasing prevalence of respiratory diseases is expected to propel the medical gas and equipment market growth going forward. Respiratory diseases refer to disease condition that affects the lungs and the parts of the respiratory system. Medical gases and equipment are used for the treatment of respiratory diseases, and the increase in those diseases will result in the growth of the market.For instance, according to the Centers for Disease Control and Prevention, a US-based government agency, the number of tuberculosis cases rose from 8,320 in 2022 to 9,615 in 2023, marking an increase of 1,295 cases. Additionally, the incidence rate climbed from 2.5 per 100,000 individuals in 2022 to 2.9 in 2023. Therefore, the increasing prevalence of respiratory diseases is driving the growth of the medical gas and equipment industry.

Key Players In The Global Medical Gas And Equipment Market

Major companies operating 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, Matheson Tri-Gas 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, BPR Medical, Calea, Cryofab Inc., EKOM spol. s r.o., Gascon Systems Pty Ltd.

Global Medical Gas And Equipment Market Trends and Insights

Major companies operating in the medical gas and equipment market are developing innovative solutions, such as manifold changeover systems to gain a competitive edge in the market. A manifold changeover system is a specialized mechanism used to ensure a continuous and reliable supply of medical gases, such as oxygen, nitrous oxide, and others, in healthcare settings. For instance, in July 2023, BeaconMedaes, a US-based medical gas equipment manufacturing company launched the MAT-S Automatic Manifold Changeover System. With a dome-bias regulator design, the MAT-S minimizes connections, lowering the risk of leakages. A lightweight cover ensures durability, eliminating the risk of corrosion. The system's regulators can be serviced without replacement, resulting in substantial maintenance costs and time savings. The change-over pressure design enhances gas supply utilization, offering higher uptime and operational efficiency. Intelligent control features, including a 7' touchscreen display, alarm overviews, service reminders, and real-time monitoring via the Smartbox, enhance usability. The MAT-S is fully compliant with HTM and NFPA versions, meeting ISO and CSA standards, and is suitable for primary and backup medical gas supply.

What Are Latest Mergers And Acquisitions In The Medical Gas And Equipment Market?

In March 2023, Atlas Copco, a Sweden-based industrial and healthcare equipment company, acquired the operating assets of FS Medical Technology Business for an undisclosed amount. Through this acquisition, Atlas Copco aims to expand its medical- and laboratory-gas solutions by integrating FS Medical Technology’s system verification, inspection, and maintenance services. FS Medical Technology Business is a US-based company that provides comprehensive services for medical- and laboratory-gas systems to hospitals, laboratories, and healthcare facilities.

Regional Outlook

North America was the largest region in the medical gas and equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Medical Gas And Equipment Market?

The medical gas and equipment market consists of sales of liquid oxygen, compressed oxygen, nitrogen, and compressed air. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.