The medical gas outlets market size is projected to reach US$ 310.31 million by 2031 from US$ 236.16 million in 2024. The market is expected to register a CAGR of 4.0% during 2024–2031. Safer, user-friendly, and sustainable designs are likely to emerge as new market trends during the forecast period.
Surgical procedures frequently require medical gases such as nitrous oxide, medical carbon dioxide, and oxygen as a part of pain management, anesthesia, and post-operative care. Medical carbon dioxide is utilized as a key insufflation gas in minimally invasive surgeries such as laparoscopy, arthroscopy, endoscopy, and cryosurgery. It inflates and stabilizes body cavities, enhancing visibility and access to surgeons. Similarly, oxygen is an essential medical gas required in all healthcare settings and is crucial for resuscitation and inhalation therapy. Medical air is utilized in intensive care units (ICUs) and neonatal intensive care units (NICUs); a dedicated air compressor supplies it to various patient care areas. Thus, the increasing use of specialized gases necessitates medical gas outlets in various hospital facilities, including operating rooms and recovery rooms.
According to an article published by the American College of Surgeons Foundation in July 2023, ~4 million patients undergo emergency general surgeries every year, which constitutes nearly 11% of all surgical procedures and nearly 25% of total inpatient costs. As per an article published in the National Library of Medicine in January 2023, ~20 million people in the US had gallstones, and ~300,000 cholecystectomies were reported to be performed annually among them. Cholecystectomies essentially involve the insufflation of medical carbon dioxide into the peritoneal cavity. Pattons Inc. and BeaconMedaes, among others, offer medical gas outlets for hospitals and ambulatory centers, where major and minor surgical procedures requiring medical gases are performed. Gemini medical gas outlets by BeaconMedaes provide a dependable and user-friendly solution for delivering medical gases in healthcare environments, particularly in operation theaters. Therefore, a surge in elective and emergency surgeries, along with advancements in minimally invasive surgical techniques, underlines the need for reliable and efficient medical gas outlets in healthcare facilities across the world.
The medical gas outlets market is rapidly expanding with the increase in number of surgical procedures and the regulatory emphasis on patient safety. Prominent players operating in the market are focusing on innovation and collaboration for enhanced product availability. However, safety concerns associated with medical gas systems hinder the medical gas outlets market growth.
The installation of compliant medical gas systems is essential in healthcare facilities as they operate in adherence to regulatory standards set to ensure patient safety and service quality. Regulatory agencies, including the Food and Drug Administration (FDA) and the National Fire Protection Association (NFPA), are constantly updating the standards for medical gas delivery systems. Organizations that handle medical gas systems need to ensure their employees have sufficient technical know-how about these systems, and they should be trained regarding the special precautions related to patient gas, vacuum systems, waste and anesthetic gas disposal (WAGD), and medical support gas systems in accordance with NFPA codes. These regulations also necessitate upgrading outdated systems to modern medical gas outlets that comply with the latest updates in safety standards. Moreover, a tradition of patient-centered care and improved patient outcomes motivates healthcare facilities across the world to invest in reliable and efficient medical gas delivery systems, thereby bolstering the demand for modern medical gas outlets.
Medical gas outlets serve as a significant advancement that empowers researchers' efforts to study cellular activity, especially in neurobiology and cardiology. A few of the noteworthy improvements in the medical gas systems that expand their role in the field of research are mentioned below:
Thus, technological advancements in medical gas outlets to support universal design and smart operations are anticipated to offer lucrative growth opportunities for the manufacturers operating in the market during the forecast period.
Key segments that contributed to the derivation of the medical gas outlets market analysis are product type, modality type, end user, and piping materials.
The geographic scope of the medical gas outlets market report mainly focuses on five regions: North America, Asia Pacific, Europe, South & Central America, and the Middle East & Africa. In terms of revenue, North America dominated the market in 2024. It is expected to continue its dominance in the global market during the forecast period. The US is the largest market for medical gas outlets in the world. These outlets are essential in healthcare settings, especially in hospitals, clinics, and various medical facilities. The utilization of medical gas outlets is on the rise due to the increasing demand for medical gases in US healthcare facilities to treat prevalent diseases and trauma injuries and induce anesthesia in surgical procedures. In 2020, there were 925,000 visits to the emergency department due to COPD, which translates to a rate of 279.1 visits per 100,000 people in the population of the US.
The growing incidence of respiratory diseases such as COPD and asthma accentuates the importance of medical gases such as oxygen, resulting in a heightened use of medical gas outlets. Companies such as Tri-Tech Medical; Pattons Inc; and Allied Healthcare Products, Inc. offer a diverse range of medical gas outlets for various applications. Easy access and availability of products in the US are contributing to the growing US medical gas outlets market size.
The regional trends and factors influencing the Medical Gas Outlets Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Medical Gas Outlets Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 236.16 Million |
| Market Size by 2031 | US$ 310.31 Million |
| Global CAGR (2024 - 2031) | 4.0% |
| Historical Data | 2021-2023 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Medical Gas Outlets Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Medical Gas Outlets Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The medical gas outlets market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. Below are a few of the key developments witnessed in the medical gas outlets market:
The "Medical Gas Outlets Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
The List of Companies - Medical Gas Outlets Market
The market is expected to register a CAGR of 4.0% during 2024–2031.
North America dominated the market in 2024.
An increase in the number of surgical procedures and the regulatory emphasis on patient safety are among the most significant factors fueling the market growth.
Focus on safer, user-friendly, and sustainable designs is likely to emerge as a new growth trend in the market in the coming years.
The medical gas outlets market value is expected to reach US$ 310.31 million by 2031.
BPR MedicaL, AMICO GROUP OF COMPANIES, NOVAIR SAS, Amcaremed Technology Co., Limited, Patton Medicals Inc, BeaconMedaes, Dragerwerk AG & Co KGa, Allied Medical LLC, Ohio Medical, Tri-Tech Medical, and Genstar Technologies Company Inc. are among the key players operating in the market.