U.S. Medical Gas Equipment Market Revenue & Forecast Analysis, 2026-2035
The U.S. medical gas equipment market was evaluated at USD 928.21 million in 2025 and is projected to grow at a CAGR of 6.9% from USD 980.37 million in 2026 to USD 1782.47 million in 2035. The market expansion is primarily driven by the increasing number of surgical procedures and critical care treatments requiring dependable medical gas supply systems across healthcare facilities. Additionally, ongoing investments in hospital infrastructure upgrades, rising adoption of oxygen therapy in home healthcare settings, and stringent regulatory requirements for medical gas storage and distribution systems are supporting the growth of the U.S. medical gas equipment market.
Market Overview
According to the American Hospital Association (AHA), U.S. hospitals recorded more than 33 million inpatient admissions in 2022, highlighting the substantial demand for oxygen therapy, anesthesia, and other medical gas-supported treatments.
The U.S. medical gas equipment market has grown steadily over the years, supported by the expansion of healthcare infrastructure, increasing prevalence of respiratory disorders, and rising demand for oxygen therapy and critical care services across healthcare settings. Continuous advancements in medical gas delivery technologies and growing emphasis on patient safety have further strengthened market adoption. For instance, in 2024, the American Lung Association reported that more than 34 million Americans were living with chronic lung diseases, highlighting the growing need for oxygen delivery and respiratory support equipment and contributing to market growth.
The U.S. medical gas equipment market is projected to experience significant growth throughout the forecast period due to increasing investments in healthcare infrastructure modernisation, growing demand for home-based oxygen therapy, and the expanding utilisation of medical gases in critical care and surgical applications. The rising adoption of digitally integrated gas management systems is also contributing to market expansion. For instance, by 2035, U.S. healthcare providers are expected to further strengthen medical gas infrastructure and deploy advanced monitoring technologies to enhance patient care, operational efficiency, and regulatory compliance.
U.S. Medical Gas Equipment Market Overview
Base Year Market Size (2025): USD 928.21 Million
CAGR: 6.9%
Forecast Year Market Size (2035): USD 1,782.47 Million
Major Players:
BeaconMedaes (Atlas Copco Group)
Ohio Medical
Amico Corporation
Allied Healthcare Products, Inc.
Precision Medical, Inc.
U.S. Medical Gas Equipment Market Trends
The U.S. medical gas equipment market is evolving rapidly due to technological advancements in healthcare delivery systems, increasing emphasis on operational efficiency, and the growing adoption of connected medical infrastructure solutions.
· The increasing adoption of on-site medical oxygen generation systems is enabling healthcare facilities to reduce dependence on external gas supply chains while improving supply reliability.
· The growing integration of Internet of Things (IoT)-enabled monitoring technologies is allowing real-time tracking of medical gas consumption, pressure levels, and equipment performance.
· The rising preference for modular and prefabricated healthcare infrastructure is driving demand for flexible medical gas equipment that can be deployed efficiently across diverse care settings.
· The increasing focus on energy-efficient healthcare operations is encouraging the adoption of advanced compressor and vacuum systems designed to optimise resource utilisation and reduce operating costs.
Collectively, these trends are expected to support the continued growth of the U.S. medical gas equipment market by enhancing system reliability, improving operational management, and strengthening healthcare facility performance.
U.S. Medical Gas Equipment Market Analysis
By Product
Vacuum Systems/Pumps dominate the U.S. medical gas equipment market due to their critical role in surgical and patient care environments.
Based on product, the U.S. medical gas equipment market is categorised into vacuum systems/pumps, manifolds, alarm systems, flowmeters, medical air compressors, cylinders and accessories, hose assemblies and valves, outlets, and regulators. The vacuum systems/pumps segment leads the market with the highest market share in 2025.
By End-use
Hospitals dominate the U.S. medical gas equipment market owing to high medical gas consumption across healthcare operations.
Based on end-use, the U.S. medical gas equipment market is categorised into hospitals, ambulatory surgical centers, home healthcare, pharmaceutical and biotechnology companies, diagnostic and research laboratories, and academic and research institutions. The hospitals segment leads the market with the highest market share in 2025.
Key Companies Profiled
The U.S. medical gas equipment market features a competitive landscape with leading manufacturers competing through advanced gas delivery systems, pipeline infrastructure solutions, and integrated monitoring technologies. Key players such as Air Liquide, Linde plc, Atlas Copco Group (BeaconMedaes), Air Products and Chemicals, Inc., and Amico Corporation hold a significant share of the market, supported by extensive product portfolios, strong healthcare industry relationships, and continuous technological advancements.
The market is highly competitive, with companies focusing on medical gas pipeline systems, vacuum and air compressor technologies, equipment reliability, and regulatory compliance solutions to strengthen their market positions. The increasing demand for efficient healthcare infrastructure, growing adoption of advanced gas management systems, and continuous innovation in medical gas technologies are further intensifying competition across the market.
U.S. Medical Gas Equipment Market Companies:
Some of the key companies operating in the U.S. Medical Gas Equipment Market include:
Air Liquide
Air Products and Chemicals, Inc.
Allied Healthcare Products, Inc.
Amico Corporation
Atlas Copco Group (BeaconMedaes)
Drägerwerk AG & Co. KGaA
GCE Group
Gentec Corporation
Linde plc
Matheson Tri-Gas, Inc.
Mediquip International
Novair Medical
Ohio Medical Corporation
Powerex, Inc.
Precision Medical, Inc.
Market Segmentation
This study provides revenue growth and emerging trends across the U.S. levels from 2021 to 2035, segmenting the U.S. medical gas equipment market by-
Product (Revenue in USD Million, 2021 - 2035)
Vacuum Systems/Pumps
Manifolds
Alarm Systems
Flowmeters
Medical Air Compressors
Cylinders and Accessories
Hose Assemblies and Valves
Outlets
Regulators
End-use (Revenue in USD Million, 2021 - 2035)
Hospitals
Ambulatory Surgical Centers
Home Healthcare
Pharmaceutical And Biotechnology Companies
Diagnostic and Research Laboratories
Academic and Research Institutions
Table of Content
1. Methodology and Scope
1.1. Scope of the Study
1.1.1. Market Segmentation
1.1.2. Market Definition
1.1.3. Inclusions and Exclusions of the Study
1.2. Research Design
1.2.1. Base Year, Historical Data, and Forecast Period
1.2.2. Data Collection Methods
1.2.2.1. Secondary Sources
1.2.2.2. Primary Sources
1.2.3. Research Methodology
1.2.3.1. Base Year Calculation/ Parent Market Analysis, Company/ Brand Share Analysis, 2025 (Top-down Approach)
1.2.3.2. Volume-Price Approach (Bottom-up Approach)
1.2.3.3. Data Triangulation
1.2.4. Forecasting Model
1.3. Research Assumptions
1.4. Validation and Data Quality Control
1.5. List of Primary Sources
1.6. List of Secondary Sources
2. Executive Summary
2.1. Market Overview
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
3. Industry Outlook
3.1. Industry Ecosystem Analysis
3.2. Parent/ Ancillary Market Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Restraints/ Challenges
3.3.3. Opportunities
3.4. Value Chain Analysis
3.5. Technology Roadmap
3.6. Porters Analysis
3.7. PESTLE Analysis
4. Market Estimates and Forecasts, By Product, 2021 - 2035 (Market Size in USD Mn)
4.1. Vacuum Systems/Pumps
4.2. Manifolds
4.3. Alarm Systems
4.4. Flowmeters
4.5. Medical Air Compressors
4.6. Cylinders and Accessories
4.7. Hose Assemblies and Valves
4.8. Outlets
4.9. Regulators
5. Market Estimates and Forecasts, By End-use, 2021 – 2035 (USD Mn)
5.1. Hospitals
5.2. Ambulatory Surgical Centers
5.3. Home Healthcare
5.4. Pharmaceutical And Biotechnology Companies
5.5. Diagnostic and Research Laboratories
5.6. Academic and Research Institutions
6. Market Estimates and Forecasts, By U.S., 2021 - 2035 (USD Mn)
6.1.1. U.S.
6.1.1.1. U.S. Medical Gas Equipment Market Estimates and Forecasts to 2035 (USD Mn)
6.1.1.2. Market Dynamics
6.1.1.3. Competitive Landscape
6.1.1.4. Regulatory Framework
6.1.1.5. Reimbursement Scenario
7. Competitive Landscape
7.1. Company Market Share Analysis, 2025
7.2. Company Tier Structure
7.3. List of Major Suppliers, By Key Countries
7.4. Key Company Positioning Analysis
7.5. Company Profile
7.5.1. Air Liquide
7.5.2. Air Products and Chemicals, Inc.
7.5.3. Allied Healthcare Products, Inc.
7.5.4. Amico Corporation
7.5.5. Atlas Copco Group (BeaconMedaes)
7.5.6. Drägerwerk AG & Co. KGaA
7.5.7. GCE Group
7.5.8. Gentec Corporation
7.5.9. Linde plc
7.5.10. Matheson Tri-Gas, Inc.
7.5.11. Mediquip International
7.5.12. Novair Medical
7.5.13. Ohio Medical Corporation
7.5.14. Powerex, Inc.
7.5.15. Precision Medical, Inc.
8. Analyst Perspective
9. Related Reports
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