Global Medical Gases & Equipment Market Growth, Trends & Forecasts (2017 - 2022)

The global medical gases and equipment market is poised to reach USD 17.8 billion by 2020, growing at a CAGR of 8.1%.The medical gases used in a hospital are life-supporting components that have a direct effect on preserving the life of a patient. Therefore, in the segments where the medical gases are used, the gas must be highly pure and supplied under stable pressure. So, there is a need for specialised equipment for purified gases.

Chronic Obstructive Pulmonary Disorder is the third leading cause of death in the USA. According to the WHO, in 2012, more than 3 million people died of COPD globally. COPD is not curable, however, treatment slows down the progress of the disease. According to the American Lung Association, in 2011, more than 10 million people in the USA had chronic bronchitis. This depicts the patient pool for only one disease. Now, with more respiratory diseases like asthma and sleep apnea syndrome requiring medical gases, the patient population is huge. Hence, there is a perpetual demand for medical gases in hospitals globally. Many academic institutes and research organisations use medical gases for research and development, which also boosts the demand for medical gases.

Global Medical Gases & Equipment Market-Market Dynamics

The report details several factors driving and restraining the market. Some of these are listed below.


Some of the key factors contributing to the growth of the market are:

Rise in the aging population

Increasing incidence of COPD

Increase in home healthcare

Emerging economies


Helium gas shortage and regulatory framework are restraining this market.

The global medical gases and equipment market has been segmented based on products and end-users. The segment based on the product has been further sub-segmented into pure medical gases, medical gas mixtures, biological atmosphere and medical gas equipment. The segment on pure medical gases has been subdivided into oxygen, nitrous oxide, nitrogen, carbon dioxide, medical air, helium, and others. The segment on medical gas mixtures has been sub-divided into carbon dioxide-oxygen mixture, helium-oxygen mixture, nitrous oxide-oxygen mixture, laser gas mixture, blood gas mixture, lung diffusion mixture, sterilant gas mixture and others. The biological atmosphere has been sub-divided into anaerobic and aerobic mixtures. The segmentation based on medical gas equipment has been sub-divided into flow devices, gas delivery systems, gas detection systems, gas generators, purifiers and filters, regulators and other accessories. The broad segment on end-users has been sub-divided into hospitals, academia and pharmaceutical and biotechnology industries.

The global medical gases and equipment market has been segmented based on geography into North America, Europe, Asia-Pacific, Middle East and North Africa, and South America. The segment on North America discusses different market trends and the market size of medical gases and equipment in the USA, Canada and Mexico. The Europe segment has been further subdivided into the UK, France, Italy, Germany, Benelux, Scandinavia, and Spain. The segment on Asia-Pacific has been subdivided into China, Japan, India, South Korea, Australia, and New Zealand. The Middle East & North Africa segment includes GCC, Egypt, and others. The South America region includes Brazil, Argentina, Colombia and others.

There is a growing demand for emergency patient care due to respiratory disorders. Oxygen cylinders are always in demand and dominate the global medical pure gases market. North America dominates the medical gases and equipment market but Asia-Pacific is expected to grow at a higher rate. The increasing demand for mixture gases required for conditions such as renal dialysis, cardiopulmonary bypass surgery and pain management is driving the growth of the mixture gases market. In the US, The Food and Drug Administration Safety and Innovation Act implemented in 2012 is expected to propel the market growth.

Some of the key players in the market are:

Airgas Inc.

Air Liquide

Atlas Copco

Messer Group GmbH


The Linde Group

What the Report Offers

Market definition along with identification of key drivers and restraints for the market.

Market analysis for the medical gases and equipment market, with region-specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect the medical gases and equipment market on both global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

1. Introduction

1.1 Study deliverables

1.2 Market Definition

1.3 Sizing Units

1.4 Base Currency

1.5 Review and Forecast period years

1.6 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Econometric Forecast Model

2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry trends

5.1 Current Market Scenario

5.2 Medical gases and equipment Applications

5.3 Technology Overview

5.4 New Developments

5.5 Industry Value chain analysis

5.6 product Lifecycle analysis

5.7 Product Benchmarking

5.8 Investment Analysis

5.9 Porter's Five Forces

5.9.1 Bargaining Power of Suppliers

5.9.2 Bargaining Power of Consumers

5.9.3 Threat to new entrants

5.9.4 Threat to substitute products and services

5.9.5 Competitive Rivalry within the industry

6. Market Drivers and Restraints Analysis

6.1 Market Drivers

6.1.1 Rise in the aging population

6.1.2 Rise in COPD patients

6.1.3 Introduction of drug user fee for medical gases by the US FDA safety and Innovation Act

6.1.4 Significant growth of Home healthcare market

6.1.5 Emerging economies showing significant growth aspects

6.2 Market Restraints

6.2.1 Helium gas shortage

6.2.2 Regulatory framework concerns

7. Global medical gases and equipment Market segmentation

7.1 Introduction

7.2 By product

7.2.1 Pure Medical gases Oxygen Nitrous Oxide Nitrogen Carbon dioxide Medical Air Helium Others

7.2.2 Medical Gas Mixtures Carbon dioxide-Oxygen mixture Helium-Oxygen mixture Nitrous Oxide-Oxygen Mixture Laser gas mixture Blood gas mixture Lung diffusion mixture Sterilant Gas mixture Others

7.2.3 Biological Atmosphere Anaerobic mixture Aerobic mixture

7.2.4 Medical gas equipment Flow Devices Gas Delivery Systems Gas Detection Systems Gas generators Purifiers and Filters Regulators Accessories Others

7.3 By End-User

7.3.1 Introduction

7.3.2 Hospitals (Labs & Clinics)

7.3.3 Academia

7.3.4 Pharmaceutical and Biotech Industries

7.3.5 Others

8. Market segmentation by Geography

8.1 North America

8.1.1 Introduction

8.1.2 United States

8.1.3 Canada

8.1.4 Mexico

8.2 Europe

8.2.1 Introduction

8.2.2 Germany

8.2.3 United Kingdom

8.2.4 France

8.2.5 Italy

8.2.6 Spain

8.2.7 Scandinavia


8.3 Asia-Pacific (APAC)

8.3.1 Introduction

8.3.2 China

8.3.3 Japan

8.3.4 India

8.3.5 Australia and New Zealand

8.3.6 South Korea

8.3.7 Rest of Asia-Pacific

8.4 Middle East and North Africa

8.4.1 Introduction

8.4.2 GCC

8.4.3 Egypt

8.4.4 Rest of Middle East and North Africa South America Introduction Brazil Argentina

8.5 Rest of Latin America

9. Competitive Landscape

9.1 Merger and acquisition analysis

9.2 New Product Launches

9.3 Agreements, Collaborations and Partnerships

10. Key Vendor Analysis

10.1 The Linde Group

10.2 Praxair

10.3 Airgas Inc.

10.4 Air Liquide

10.5 Messer Group GmbH

10.6 Atlas Copco

10.7 Matheson tri Gas, Inc.

10.8 Taiya Nippon Sanso

11. Analyst outlook for Investment opportunities

12. Future Outlook of the market

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