The global medical gases market size reached US$ 13.6 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 20.9 Billion by 2028, exhibiting a CAGR of 7.42% during 2022-2028.
Medical gases play a pivotal role in the functioning of hospitals and other healthcare facilities, including operating rooms, pre-communicators, recovery rooms, debridement rooms, obstetrics and gynecology wards, intensive care unit (ICU) wards, and general wards. They generally include oxygen, nitrogen, nitrous oxide, argon, helium, carbon dioxide (CO2), and compressed air, which are utilized in several medical procedures for treatment, anesthesia, and driving medical devices and tools. They are free from contamination, particles, oils, or odors and supplied in the dry form either in cylinders or from their central supply source through a piping network.
Medical gases play a pivotal role in the functioning of hospitals and other healthcare facilities, including operating rooms, pre-communicators, recovery rooms, debridement rooms, obstetrics and gynecology wards, intensive care unit (ICU) wards, and general wards. They generally include oxygen, nitrogen, nitrous oxide, argon, helium, carbon dioxide (CO2), and compressed air, which are utilized in several medical procedures for treatment, anesthesia, and driving medical devices and tools. They are free from contamination, particles, oils, or odors and supplied in the dry form either in cylinders or from their central supply source through a piping network.
Medical Gases Market Trends:
The ongoing coronavirus disease (COVID-19) pandemic has triggered a medical emergency for oxygen gas, which is a safe and efficient treatment for patients experiencing breathing difficulties. In line with this, governments of numerous countries are focusing on importing and manufacturing medical oxygen gas to ensure its uninterrupted supply to COVID centers. Apart from this, medical gases like oxygen are used to treat specific health conditions, such as pneumonia, malaria, sepsis, and meningitis. This, in confluence with a significant rise in the number of individuals suffering from these ailments, is acting as another growth-inducing factor. Additionally, children and mothers are often administered medical oxygen to ease breathing when their lives are at risk during medical treatment. Besides this, the increasing prevalence of cancer and the need for surgical interventions are catalyzing the demand for liquid nitrogen as a cryogen to freeze and preserve blood, tissue, and other biological specimens and destroy diseased tissue in dermatology and cryosurgery. Furthermore, the introduction of premium medical-grade gases and gas mixtures is anticipated to drive the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global medical gases market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on gas type, application and end user.Breakup by Gas Type:
- Pure Gases
- Medical Air
- Medical Oxygen
- Nitrous Oxide
- Nitrogen
- Carbon Dioxide
- Helium
- Gas Mixtures
- Aerobic Gas Mixtures
- Anaerobic Gas Mixtures
- Blood Gas Mixtures
- Lung Diffusion Mixtures
- Medical Laser Mixtures
- Medical Drug Gas Mixtures
- Others
Breakup by Application:
- Therapeutic
- Diagnostic
- Biotechnology and Pharmaceutical Industry
- Others
Breakup by End User:
- Hospitals
- Home Healthcare
- Academic and Research Institutions
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Products and Chemicals Inc., Airgas Inc. (Air Liquide S.A.), Ellenbarrie Industrial Gases Ltd, Linde plc, Matheson Tri-Gas Inc. (Mitsubishi Chemical Holdings Corporation), Messer Group GmbH, SCI Analytical Laboratories Inc, Sharjah Oxygen Company and SOL Spa.Key Questions Answered in This Report:
- How has the global medical gases market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global medical gases market?
- What are the key regional markets?
- What is the breakup of the market based on the gas type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global medical gases market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Gases Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Gas Type
6.1 Pure Gases
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Medical Air
6.1.2.2 Medical Oxygen
6.1.2.3 Nitrous Oxide
6.1.2.4 Nitrogen
6.1.2.5 Carbon Dioxide
6.1.2.6 Helium
6.1.3 Market Forecast
6.2 Gas Mixtures
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Aerobic Gas Mixtures
6.2.2.2 Anaerobic Gas Mixtures
6.2.2.3 Blood Gas Mixtures
6.2.2.4 Lung Diffusion Mixtures
6.2.2.5 Medical Laser Mixtures
6.2.2.6 Medical Drug Gas Mixtures
6.2.2.7 Others
6.2.3 Market Forecast
7 Market Breakup by Application
7.1 Therapeutic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Diagnostic
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Biotechnology and Pharmaceutical Industry
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Home Healthcare
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Academic and Research Institutions
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Air Products and Chemicals Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Airgas Inc. (Air Liquide S.A.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Ellenbarrie Industrial Gases Ltd
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Linde plc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Matheson Tri-Gas Inc. (Mitsubishi Chemical Holdings Corporation)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Messer Group GmbH
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 SCI Analytical Laboratories Inc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Sharjah Oxygen Company
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 SOL Spa
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
List of Figures
Figure 1: Global: Medical Gases Market: Major Drivers and Challenges
Figure 2: Global: Medical Gases Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Medical Gases Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Medical Gases Market: Breakup by Gas Type (in %), 2022
Figure 5: Global: Medical Gases Market: Breakup by Application (in %), 2022
Figure 6: Global: Medical Gases Market: Breakup by End User (in %), 2022
Figure 7: Global: Medical Gases Market: Breakup by Region (in %), 2022
Figure 8: Global: Medical Gases (Pure Gases) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Medical Gases (Pure Gases) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Medical Gases (Gas Mixtures) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Medical Gases (Gas Mixtures) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Medical Gases (Therapeutic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Medical Gases (Therapeutic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Medical Gases (Diagnostic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Medical Gases (Diagnostic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Medical Gases (Biotechnology and Pharmaceutical Industry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Medical Gases (Biotechnology and Pharmaceutical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Medical Gases (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Medical Gases (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Medical Gases (Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Medical Gases (Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Medical Gases (Home Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Medical Gases (Home Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Medical Gases (Academic and Research Institutions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Medical Gases (Academic and Research Institutions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Medical Gases Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Medical Gases Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Medical Gases Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Medical Gases Industry: SWOT Analysis
Figure 76: Global: Medical Gases Industry: Value Chain Analysis
Figure 77: Global: Medical Gases Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Medical Gases Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Medical Gases Market Forecast: Breakup by Gas Type (in Million US$), 2023-2028
Table 3: Global: Medical Gases Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Medical Gases Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Medical Gases Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Medical Gases Market: Competitive Structure
Table 7: Global: Medical Gases Market: Key Players
Companies Mentioned
- Air Products and Chemicals Inc.
- Airgas Inc. (Air Liquide S.A.)
- Ellenbarrie Industrial Gases Ltd
- Linde plc
- Matheson Tri-Gas Inc. (Mitsubishi Chemical Holdings Corporation)
- Messer Group GmbH
- SCI Analytical Laboratories Inc
- Sharjah Oxygen Company
- SOL Spa.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 13.6 Billion |
| Forecasted Market Value ( USD | $ 20.9 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
