Canada Medical Gas Market Size & Outlook, 2025-2030
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Canada medical gas market highlights
- The Canada medical gas market generated a revenue of USD 783.9 million in 2024 and is expected to reach USD 1,192.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, pure gases was the largest revenue generating product in 2024.
- Gas Mixtures is the most lucrative product segment registering the fastest growth during the forecast period.
Medical gas market data book summary
| Market revenue in 2024 | USD 783.9 million |
| Market revenue in 2030 | USD 1,192.5 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Pure gases |
| Fastest growing segment | Gas Mixtures |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pure Gases, Gas Mixtures |
| Key market players worldwide | Linde PLC, Air Liquide SA, Atlas Copco AB ADR, Air Products & Chemicals Inc, Nippon Sanso Holdings Corp, Messer Group, Matheson TriGas, INOX Air Products |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global medical gas market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical gas market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,127.1 million by 2030.
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Medical Gas Market Scope
Medical Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Matheson TriGas | View profile | 5001-10000 | Basking Ridge, New Jersey, United States, North America | http://www.mathesongas.com |
| Messer Group | View profile | 10001+ | Bad Soden, Hessen, Germany, Europe | https://www.messergroup.com |
| INOX Air Products | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://inoxairproducts.com/ |
| Nippon Sanso Holdings Corp | View profile | 22200 | Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, Japan, 142-8558 | https://www.nipponsanso-hd.co.jp |
| Atlas Copco AB ADR | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
Canada medical gas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical gas market will help companies and investors design strategic landscapes.
Pure gases was the largest segment with a revenue share of 60.59% in 2024. Horizon Databook has segmented the Canada medical gas market based on pure gases, gas mixtures covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Canada medical gas market databook
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Our clientele includes a mix of medical gas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical gas market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medical gases market size, by product, 2018-2030 (US$M)
Canada Medical Gas Market Outlook Share, 2024 & 2030 (US$M)
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