US Medical Gas and Equipment Market

The report "US Medical Gas and Equipment Market by Type [Medical Gas (Oxygen, Nitrous Oxide), Medical Gas Equipment (Flowmeter, Others)], Application [Therapeutics, Diagnostics], End User [Hospital, Home Healthcare]—Forecast to 2031" is projected to reach USD 11.97 billion by 2031, up from USD 8.63 billion in 2025, at a CAGR of 5.6% over the forecast period.

Browse 250 market data Tables and 50 Figures spread through 300 Pages and in-depth TOC on "US Medical Gas and Equipment Market by Type [Medical Gas (Oxygen, Nitrous Oxide), Medical Gas Equipment (Flowmeter, Others)], Application [Therapeutics, Diagnostics], End User [Hospital, Home Healthcare]—Forecast to 2031"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/us-medical-gas-and-equipment-market-80993736.html

Growth in the US medical gas and equipment industry is fueled by several key, interlocking factors related to healthcare demand, development, and advances. The rising incidence of respiratory and chronic diseases, together with a rapidly aging population, has notably increased demand for medical oxygen, respiratory care, and critical care services. Continued development, expansion, and enhancement of healthcare infrastructure, including new hospitals, ambulatory surgical centers, and specialty healthcare clinics, further stimulate demand for advanced medical gas pipeline systems and equipment. Moreover, the growing trend toward home and outpatient healthcare services has notably spurred acceptance and use of portable oxygen concentrators and compact gas systems. Advances in on-site gas systems and technology, along with strict standards and requirements to enforce system development and compliance, continue to promote growth and support medical gases and equipment as a key sector in the US healthcare industry.

Medical gases accounted for the largest share of the US medical gas and equipment market in 2024.

The US medical gas and equipment market derives the largest share of its volume from therapeutic applications. The main reason is that the most widely used medical gases are also frequently employed in treating both acute and chronic conditions. Oxygen is the most vital element in respiratory care and, as such, is largely administered to patients with COPD, asthma, pneumonia, cardiovascular diseases, and other conditions that cause hypoxia. As a result of the prevalence of chronic diseases, an aging population, and rising hospital admissions, demand for long-term oxygen therapy, ICU support, and emergency respiratory interventions has increased tremendously. Additionally, the momentum of home healthcare and outpatient services, alongside inpatient care, has driven rapid adoption of therapeutic gas delivery systems and the equipment that accompanies them. Given the indispensable nature of therapeutic applications and their high usage rate, this segment continues to hold a dominant position in the US medical gas and equipment market.

The hospitals & clinics segment accounted for the largest share in the US medical gas and equipment end user market in 2024.

The largest market share in terms of end users in the medical gas and equipment market, the largest share of end users is held by hospitals and clinics, which are the primary settings for acute, chronic, and surgical care, where medical gases are required. These institutions consume the largest quantities of oxygen, medical air, nitrous oxide, nitrogen, and carbon dioxide. These gases are essential in hospital intensive care units and operating rooms. Clinics and specialty care institutions also consume large amounts of medical gas, as it is used for procedures such as anesthesia and resuscitation. High admission volumes, a large number of surgical operations, and rising rates of chronic and respiratory diseases are major drivers of demand for reliable gas supply and equipment in these institutions. Additionally, safety standards and regulations in hospitals and clinics require investment in devices that comply with safety and medical standards for medical gas pipeline systems.

Key Market Players

The key players in the US medical gas and equipment market include Air Liquide (France), Linde PLC (Germany), Air Products and Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), Taiyo Nippon Sanso Corporation (Japan), and others.

Don’t miss out on business opportunities in Keyword. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/