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Medical Gas Equipment Market Share

Report ID: GMI840
Published Date: Oct 2023
Report Format: PDF

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Medical Gas Equipment Market Share

The medical gas equipment industry is consolidated in nature, comprising major players and several regional firms that develop, manufacture and commercialize medical gas equipment, such as manifolds medical air compressors, vacuum systems, and regulators among others. For instance, Air Liquide, Taiyo Nippon Sanso Corporation, Linde Group, and Atlas Copco Group are continuously focused on adopting various strategies, such as mergers & acquisitions, and partnership agreements to gain competitive edges, and account for 32% of the market revenue share.

Some of the well-known companies functioning in the medical gas equipment include:

Allied Healthcare Products Inc.
Amico Group of Companies
Colfax Corporation
Silbermann Medical Gas Systems
Air Liquide S.A.
Atlas Copco Group
Linde plc
Tenex Capital Management
Precision UK
GENTEC (Shanghai) Corporation
Rotarex S.A.
Taiyo Nippon Sanso Corporation
Drägerwerk AG & Co. KGaA

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Medical gas equipment industry size was USD 2.8 billion in 2022 and may expand at 7% CAGR from 2023 to 2032, driven by the rapid growth of the elderly population driven by the expanding healthcare infrastructure.

The hospital segment may exceed USD 2 billion by 2032 owing to the higher adoption of cutting-edge medical equipment.

North America medical gas equipment industry size is expected to expand at 6.7% CAGR from 2023-2032 driven by the rising burden of respiratory conditions, mainly in the U.S.

Some of the key medical gas equipment industry players include Allied Healthcare Products Inc., Air Liquide S.A., Amico Group of Companies, Atlas Copco Group, Colfax Corporation, GENTEC (Shanghai) Corporation, Linde plc, Tenex Capital Management, and Rotarex S.A