The Europe Medical Gas Equipment Market would witness market growth of 7.4% CAGR during the forecast period (2023-2029).
A considerable portion of mortality from non-communicable diseases is due to respiratory infections, which are a serious burden for healthcare systems. The three main causes are pneumonia, asthma, and COPD. By putting less stress on the heart than the lungs and minimizing pulmonary artery hypertension, oxygen therapy can be used for managing some chronic lung diseases like COPD. Numerous respiratory diseases can be treated with medical gases, and the market is expanding due to the rising prevalence of these diseases.
Vacuum systems/pumps, manifolds, flowmeters, alarm systems, and other devices are being used to address the growing demand for dependable, safe, and effective respiratory treatment. Several variables, including an increase in surgeries and hospital admissions as well as an aging population, are fueling the market's expansion. With new technologies like remote monitoring systems, digital flow meters, and wireless connectivity, these devices are becoming more effective, dependable, and safe for patients.
As a result, there is a corresponding rise in the demand for equipment that can accurately and consistently deliver gases to patients. The market is being driven forward by the increasing cost of healthcare and the expanding demand for home healthcare and point-of-care diagnostics. The demand for respiratory support is also increasing due to cigarette usage and rising pollution levels, further driving the market.
Many clinics, hospitals, and other healthcare institutions may be found in Europe, which has a developed healthcare infrastructure. This infrastructure makes the region's substantial use of medical gas equipment possible. In addition, Europe's large and ageing population has fueled an increase in healthcare needs. Medical gas equipment must be used in many healthcare settings, including anesthesia, respiratory therapy, and laboratory analysis—which is crucial for the aging population. Europe's robust regulatory environment has facilitated the development of high-quality medical gas equipment that complies with stringent safety standards. This has enhanced public confidence in the region's market. As a result, the region now has an encouraging business environment and has seen increased investment.
The Germany market dominated the Europe Medical Gas Equipment Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $241.7 million by 2029. The UK market is anticipated to grow at a CAGR of 6.5% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 8.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 2 Europe Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 3 Europe Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 4 Europe Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 5 Europe Vacuum Systems/Pumps Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Vacuum Systems/Pumps Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Manifolds Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Manifolds Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Alarm Systems Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Alarm Systems Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Cylinders & Accessories Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Cylinders & Accessories Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Flowmeters Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Flowmeters Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Medical Air Compressors Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Medical Air Compressors Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Hose Assemblies & Valves Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Hose Assemblies & Valves Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Outlets Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Outlets Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Regulators Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Regulators Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Masks Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Masks Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 26 Europe Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 27 Europe Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 29 Europe Pharmaceutical & Biotechnology Companies Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Pharmaceutical & Biotechnology Companies Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Diagnostic & Research Laboratories Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Diagnostic & Research Laboratories Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Academic & Research Institutions Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Academic & Research Institutions Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Ambulatory Surgical Centers Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe Home Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Home Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Medical Gas Equipment Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Medical Gas Equipment Market by Country, 2023 - 2029, USD Million
TABLE 41 Germany Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 42 Germany Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 43 Germany Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 44 Germany Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 45 Germany Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 46 Germany Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 47 UK Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 48 UK Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 49 UK Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 50 UK Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 51 UK Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 52 UK Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 53 France Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 54 France Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 55 France Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 56 France Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 57 France Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 58 France Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 59 Russia Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 60 Russia Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 61 Russia Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 62 Russia Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 63 Russia Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 64 Russia Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 65 Spain Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 66 Spain Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 67 Spain Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 68 Spain Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 69 Spain Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 70 Spain Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 71 Italy Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 72 Italy Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 73 Italy Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 74 Italy Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 75 Italy Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 76 Italy Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 77 Rest of Europe Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 79 Rest of Europe Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 81 Rest of Europe Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 82 Rest of Europe 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 Europe Medical Gas Equipment Market Share by Product, 2022
FIG 3 Europe Medical Gas Equipment Market Share by Product, 2029
FIG 4 Europe Medical Gas Equipment Market by Product, 2019 - 2029, USD Million
FIG 5 Europe Medical Gas Equipment Market Share by End-use, 2022
FIG 6 Europe Medical Gas Equipment Market Share by End-use, 2029
FIG 7 Europe Medical Gas Equipment Market by End-use, 2019 - 2029, USD Million
FIG 8 Europe Medical Gas Equipment Market Share by Country, 2022
FIG 9 Europe Medical Gas Equipment Market Share by Country, 2029
FIG 10 Europe Medical Gas Equipment Market by Country, 2019 - 2029, USD Million