Precision Business Insights has published a report on the global medical gases and equipment market, estimating its value at USD 22.2 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.6% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here -https://www.precisionbusinessinsights.com/market-reports/medical-gases-and-equipment-market

The medical gases and equipment market focuses on gases and delivery systems used in therapeutic, diagnostic, and pharmaceutical applications. These gases—such as oxygen, nitrous oxide, carbon dioxide, and medical air—are essential for patient care, anesthesia, respiratory therapy, and surgical procedures.

Drivers:

• Rising Prevalence of Respiratory Diseases: Increasing cases of COPD, asthma, and other lung disorders drive demand for medical gases.
• Growth in Home Healthcare & Point-of-Care Diagnostic: More patients require portable oxygen concentrators and home-based respiratory support

The global medical gases and equipment market segmentation:

1. By Product: Pure Gases, Gas Mixtures
2. By Equipment: Medical Air Compressors, Cylinders, Outlets, Regulators
3. By End User: Ambulatory Surgical Centres, Diagnostic Centres, Hospitals

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Regional Overview:
The report also examines the current concerns and their Future Effects on the medical gases and equipment market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the medical gases and equipment market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Air Products and Chemicals, Inc. (U.S.), The Linde Group (Germany), Taiyo Nippon Sanso Corp. (Japan), SOL-SpA (Italy), Airgas, Inc. (U.S.), Air Liquide (France), Praxair, Inc. (U.S.), Atlas Copco (Sweden), Messer Group (Germany), GCE Holding AB (Sweden).

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