Europe Medical Gas Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$4,466.0

Forecast, 2030 (US$M)

$7,691.3

CAGR, 2024 - 2030

8.1%

Report Coverage

Europe

Europe medical gas market, 2018-2030 (US$M)

Related Markets

Global Medical Gas Industry Outlook

North America Medical Gas Market Outlook

Asia Pacific Medical Gas Market Outlook

Latin America Medical Gas Market Outlook

MEA Medical Gas Market Outlook

Europe medical gas market highlights

The Europe medical gas market generated a revenue of USD 4,466.0 million in 2023.
The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
In terms of segment, hospitals was the largest revenue generating end use in 2023.
Hospitals is the most lucrative end use segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2023	USD 4,466.0 million
Market revenue in 2030	USD 7,691.3 million
Growth rate	8.1% (CAGR from 2023 to 2030)
Largest segment	Hospitals
Fastest growing segment	Hospitals
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Hospitals
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, Europe region accounted for 30.2% of the global medical gas market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 6,510.8 million by 2030.

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Medical Gas Market Scope

Medical gas market segmentation & scope

End Use

Hospitals

Ambulatory Surgical Centers

Home Healthcare

Pharmaceutical And Biotechnology Companies

Diagnostic and Research Laboratories

Academic and Research Institutions

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Sweden

Spain

Norway

Italy

Germany

France

Denmark

Argentina

Brazil

Mexico

UAE

South Africa

Saudi Arabia

Kuwait

Thailand

South Korea

India

China

Australia

Japan

Medical Gas Market Companies

Name	Profile	# Employees	HQ	Website

Europe 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.

Hospitals was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe medical gas market based on hospitals covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Europe medical gas market databook

Our clientele includes a mix of medical gas market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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 continent-level data and insights on the Europe medical gas market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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