The Asia Pacific Medical Gas Equipment Market would witness market growth of 8.6% CAGR during the forecast period (2023-2029).
The development of portable oxygen therapies and other cutting-edge homecare treatments is anticipated to be significantly aided by the entry of lightweight, non-limited-life (NLL) composite cylinders. By satisfying their need for a cylinder that is substantially lighter than traditional aluminum cylinders, these devices offer significant advantages to patients in home care settings. Medical gas equipment end consumers need adaptable solutions for various uses. As a result, suppliers have created novel, customizable items.
A common tactic vendors use is customization without sacrificing the quality of the product. Another significant development in the business is miniaturization. Vendors of medical gas have come to understand the importance of combining all necessary control functions from the pressure regulator and cylinder valve into a single device. In particular, for medical gas therapy, this facilitates and expedites the administration of gases. Leading company executives predict the trend toward miniaturization will continue to gain prominence in the future. During the forecast period, these factors will propel the market to grow.
India is going through a rapid health shift as the prevalence of non-communicable diseases (NCD) overtakes that of infectious diseases. An estimated 60% of all fatalities are thought to be caused by non-communicable diseases, including chronic respiratory conditions. Many productive years of life have been lost due to NCDs. Losses from early deaths are also anticipated to rise over time. The government has developed numerous programs aimed at early diagnosis, referral, management, infrastructure improvement, and human resource development to prevent and control NCDs. Increased government funding for their treatment and an increase in non-communicable diseases cases will fuel the market expansion.
The China market dominated the Asia Pacific Medical Gas Equipment Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $308 million by 2029. The Japan market is exhibiting a CAGR of 7.9% during (2023 - 2029). Additionally, The India market would showcase a CAGR of 9.2% during (2023 - 2029).
Based on Product, the market is segmented into Vacuum Systems/Pumps, Manifolds, Alarm Systems, Cylinders & Accessories, Flowmeters, Medical Air Compressors, Hose Assemblies & Valves, Outlets, Regulators and Masks. Based on End Use, the market is segmented into Hospitals, Pharmaceutical & Biotechnology Companies, Diagnostic & Research Laboratories, Academic & Research Institutions, Ambulatory Surgical Centers and Home Healthcare. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Medical Gas Equipment Market is Projected to reach USD 3.7 Billion by 2029, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Air Liquide S.A., Atlas Copco AB, Linde PLC, Allied Healthcare Products, Inc., Enovis Corporation, Powerex, Amico Group of Companies, GCE Holding AB (ESAB Corporation), Genstar Technologies Company Inc. and Rotarex S.A.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Vacuum Systems/Pumps
- Manifolds
- Alarm Systems
- Cylinders & Accessories
- Flowmeters
- Medical Air Compressors
- Hose Assemblies & Valves
- Outlets
- Regulators
- Masks
By End-use
- Hospitals
- Pharmaceutical & Biotechnology Companies
- Diagnostic & Research Laboratories
- Academic & Research Institutions
- Ambulatory Surgical Centers
- Home Healthcare
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Air Liquide S.A.
- Atlas Copco AB
- Linde PLC
- Allied Healthcare Products, Inc.
- Enovis Corporation
- Powerex
- Amico Group of Companies
- GCE Holding AB (ESAB Corporation)
- Genstar Technologies Company Inc.
- Rotarex S.A.
TABLE 1 Asia Pacific Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Vacuum Systems/Pumps Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Vacuum Systems/Pumps Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Manifolds Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Manifolds Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Alarm Systems Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Alarm Systems Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Cylinders & Accessories Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Cylinders & Accessories Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Flowmeters Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Flowmeters Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Medical Air Compressors Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Medical Air Compressors Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Hose Assemblies & Valves Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Hose Assemblies & Valves Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Outlets Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Outlets Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Regulators Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Regulators Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Masks Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Masks Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Pharmaceutical & Biotechnology Companies Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Pharmaceutical & Biotechnology Companies Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Diagnostic & Research Laboratories Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Diagnostic & Research Laboratories Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Academic & Research Institutions Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Academic & Research Institutions Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Ambulatory Surgical Centers Market by Country, 2023 - 2029, USD Million
TABLE 37 Asia Pacific Home Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Home Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 39 Asia Pacific Medical Gas Equipment Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Medical Gas Equipment Market by Country, 2023 - 2029, USD Million
TABLE 41 China Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 42 China Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 43 China Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 44 China Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 45 China Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 46 China Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 47 Japan Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 48 Japan Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 49 Japan Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 50 Japan Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 51 Japan Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 52 Japan Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 53 India Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 54 India Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 55 India Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 56 India Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 57 India Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 58 India Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 59 South Korea Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 60 South Korea Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 61 South Korea Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 62 South Korea Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 63 South Korea Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 64 South Korea Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 65 Singapore Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 66 Singapore Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 67 Singapore Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 68 Singapore Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 69 Singapore Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 70 Singapore Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 71 Malaysia Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 72 Malaysia Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 73 Malaysia Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 74 Malaysia Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 75 Malaysia Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 76 Malaysia Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 77 Rest of Asia Pacific Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 79 Rest of Asia Pacific Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 81 Rest of Asia Pacific Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 83 Key information – Air Liquide S.A.
TABLE 84 Key Information – Atlas Copco AB
TABLE 85 key Information – Linde PLC
TABLE 86 Key information – Allied Healthcare Products, Inc.
TABLE 87 Key Information – Enovis Corporation
TABLE 88 Key Information – Powerex
TABLE 89 Key Information – Amico Group Of Companies
TABLE 90 Key Information – GCE Holding AB
TABLE 91 Key Information – Genstar Technologies Company Inc.
TABLE 92 Key Information – Rotarex S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Medical Gas Equipment Market Share by Product, 2022
FIG 3 Asia Pacific Medical Gas Equipment Market Share by Product, 2029
FIG 4 Asia Pacific Medical Gas Equipment Market by Product, 2019 - 2029, USD Million
FIG 5 Asia Pacific Medical Gas Equipment Market Share by End-use, 2022
FIG 6 Asia Pacific Medical Gas Equipment Market Share by End-use, 2029
FIG 7 Asia Pacific Medical Gas Equipment Market by End-use, 2019 - 2029, USD Million
FIG 8 Asia Pacific Medical Gas Equipment Market Share by Country, 2022
FIG 9 Asia Pacific Medical Gas Equipment Market Share by Country, 2029
FIG 10 Asia Pacific Medical Gas Equipment Market by Country, 2019 - 2029, USD Million