Medical Gases are fluids manufactured specifically for the medical, pharmaceutical manufacturing, and biotechnology industries. They are frequently used to synthesize, sterilize, or insulate processes or products which contribute to human health.
North America is the world's largest market for medical gases, with a market share of more than 40%, followed by Europe with a market share of nearly 30%.
The major players in the world are Air Liquide, Linde Healthcare, Praxair, Air Products and Taiyo Nippon Sanso. The top three accounted for about 70% of the total market.

Market Analysis and Insights: Global Medical Gases Market
In 2020, the global Medical Gases market size was US$ 6487.8 million and it is expected to reach US$ 7711.9 million by the end of 2027, with a CAGR of 2.5% during 2021-2027.
Global Medical Gases Scope and Market Size
Medical Gases market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Medical Gases market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Medical Gases market is segmented into
Medical Oxygen
Medical Nitrous Oxide
Medical Air
Medical Helium
Others

Segment by Application, the Medical Gases market is segmented into
Hospitals (Labs & Clinics)
Home Healthcare
Universities/Research Institutions
Pharmaceutical & Biotechnology Industries

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Medical Gases Market Share Analysis
Medical Gases market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Medical Gases product introduction, recent developments, Medical Gases sales by region, type, application and by sales channel.

The major companies include:
Air Liquide (acquired Airgas in 2016)
Linde Healthcare (BOC Healthcare)
Praxair
Air Products
Taiyo Nippon Sanso Corporation (Matheson Tri-Gas Inc.)
Messer Group
SOL Group
Norco
Air Water Inc
Shenzhen Gaofa