The North America Medical Gas Equipment Market would witness market growth of 7.1% CAGR during the forecast period (2023-2029).
The purity of the gases is crucial to the patient's rehabilitation, and there is a chance of contracting an infection from medical gases. The need for medicinal gases to be manufactured in accordance with specific specifications results from this. The important elements that will propel the expansion of the market during the analysis period include the rising prevalence of chronic respiratory disorders, implementing policies that are beneficial to business, and an increase in biotechnology research.
Some chronic lung conditions, including COPD, can benefit from oxygen therapy. The heart, not the lungs, is relaxed by oxygen. Pulmonary artery hypertension is prevented because of it. Oxygen consumption for a prolonged period can reduce the strain on the heart. The rising frequency of respiratory diseases catalyzes the expansion of the market. Other medical gases are also used to treat various chronic respiratory problems.
Breathing becomes difficult for the 16 million Americans who have chronic obstructive pulmonary disease (COPD), including emphysema or chronic bronchitis, according to the Centers for Disease Control and Prevention. In addition, millions more people have COPD yet are undiagnosed and untreated. 2.0 million Canadians had chronic obstructive pulmonary disease (COPD) in 2019. Additionally, according to the CDC, 3.08 million students in high school and middle school use at least one tobacco product, such as e-cigarettes, and almost 40 million U.S. adults still smoke cigarettes. Over 1,600 American teenagers under 18 light up their first cigarette daily. It's projected that the prevalence of COPD and other respiratory illnesses would raise demand for medical gas equipment.
The US market dominated the North America Medical Gas Equipment Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $905.4 million by 2029. The Canada market is poised to grow at a CAGR of 9.5% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 8.5% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Medical Gas Equipment Market, by Product
1.4.2 North America Medical Gas Equipment Market, by End-use
1.4.3 North America Medical Gas Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Medical Gas Equipment Market by Product
3.1 North America Vacuum Systems/Pumps Market by Country
3.2 North America Manifolds Market by Country
3.3 North America Alarm Systems Market by Country
3.4 North America Cylinders & Accessories Market by Country
3.5 North America Flowmeters Market by Country
3.6 North America Medical Air Compressors Market by Country
3.7 North America Hose Assemblies & Valves Market by Country
3.8 North America Outlets Market by Country
3.9 North America Regulators Market by Country
3.1 North America Masks Market by Country
Chapter 4. North America Medical Gas Equipment Market by End-use
4.1 North America Hospitals Market by Country
4.2 North America Pharmaceutical & Biotechnology Companies Market by Country
4.3 North America Diagnostic & Research Laboratories Market by Country
4.4 North America Academic & Research Institutions Market by Country
4.5 North America Ambulatory Surgical Centers Market by Country
4.6 North America Home Healthcare Market by Country
Chapter 5. North America Medical Gas Equipment Market by Country
5.1 US Medical Gas Equipment Market
5.1.1 US Medical Gas Equipment Market by Product
5.1.2 US Medical Gas Equipment Market by End-use
5.2 Canada Medical Gas Equipment Market
5.2.1 Canada Medical Gas Equipment Market by Product
5.2.2 Canada Medical Gas Equipment Market by End-use
5.3 Mexico Medical Gas Equipment Market
5.3.1 Mexico Medical Gas Equipment Market by Product
5.3.2 Mexico Medical Gas Equipment Market by End-use
5.4 Rest of North America Medical Gas Equipment Market
5.4.1 Rest of North America Medical Gas Equipment Market by Product
5.4.2 Rest of North America Medical Gas Equipment Market by End-use
Chapter 6. Company Profiles
6.1 Air Liquide S.A.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.2 Atlas Copco AB
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Linde PLC
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.4 Allied Healthcare Products, Inc.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expenses
6.5 Enovis Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.6 Powerex
6.6.1 Company Overview
6.7 Amico Group of Companies
6.7.1 Company Overview
6.8 GCE Holding AB (ESAB Corporation)
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expenses
6.9 Genstar Technologies Company Inc.
6.9.1 Company Overview
6.10. Rotarex S.A.
6.10.1 Company Overview
TABLE 1 North America Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 2 North America Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 3 North America Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 5 North America Vacuum Systems/Pumps Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Vacuum Systems/Pumps Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Manifolds Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Manifolds Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Alarm Systems Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Alarm Systems Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Cylinders & Accessories Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Cylinders & Accessories Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Flowmeters Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Flowmeters Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Medical Air Compressors Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Medical Air Compressors Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Hose Assemblies & Valves Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Hose Assemblies & Valves Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Outlets Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Outlets Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Regulators Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Regulators Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Masks Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Masks Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 26 North America Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 27 North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Pharmaceutical & Biotechnology Companies Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Pharmaceutical & Biotechnology Companies Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Diagnostic & Research Laboratories Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Diagnostic & Research Laboratories Market by Country, 2023 - 2029, USD Million
TABLE 33 North America Academic & Research Institutions Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Academic & Research Institutions Market by Country, 2023 - 2029, USD Million
TABLE 35 North America Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Ambulatory Surgical Centers Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Home Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Home Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 39 North America Medical Gas Equipment Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Medical Gas Equipment Market by Country, 2023 - 2029, USD Million
TABLE 41 US Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 42 US Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 43 US Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 44 US Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 45 US Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 46 US Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 47 Canada Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 48 Canada Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 49 Canada Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 50 Canada Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 51 Canada Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 52 Canada Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 53 Mexico Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 54 Mexico Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 55 Mexico Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 56 Mexico Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 57 Mexico Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 58 Mexico Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 59 Rest of North America Medical Gas Equipment Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Medical Gas Equipment Market, 2023 - 2029, USD Million
TABLE 61 Rest of North America Medical Gas Equipment Market by Product, 2019 - 2022, USD Million
TABLE 62 Rest of North America Medical Gas Equipment Market by Product, 2023 - 2029, USD Million
TABLE 63 Rest of North America Medical Gas Equipment Market by End-use, 2019 - 2022, USD Million
TABLE 64 Rest of North America Medical Gas Equipment Market by End-use, 2023 - 2029, USD Million
TABLE 65 Key information – Air Liquide S.A.
TABLE 66 Key Information – Atlas Copco AB
TABLE 67 key Information – Linde PLC
TABLE 68 Key information – Allied Healthcare Products, Inc.
TABLE 69 Key Information – Enovis Corporation
TABLE 70 Key Information – Powerex
TABLE 71 Key Information – Amico Group Of Companies
TABLE 72 Key Information – GCE Holding AB
TABLE 73 Key Information – Genstar Technologies Company Inc.
TABLE 74 Key Information – Rotarex S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Medical Gas Equipment Market Share by Product, 2022
FIG 3 North America Medical Gas Equipment Market Share by Product, 2029
FIG 4 North America Medical Gas Equipment Market by Product, 2019 - 2029, USD Million
FIG 5 North America Medical Gas Equipment Market Share by End-use, 2022
FIG 6 North America Medical Gas Equipment Market Share by End-use, 2029
FIG 7 North America Medical Gas Equipment Market by End-use, 2019 - 2029, USD Million
FIG 8 North America Medical Gas Equipment Market Share by Country, 2022
FIG 9 North America Medical Gas Equipment Market Share by Country, 2029
FIG 10 North America Medical Gas Equipment Market by Country, 2019 - 2029, USD Million