Medical Gas Analyzers Market Report Scope & Overview:

The Medical Gas Analyzers Market Size was valued at USD 300.66 billion in 2023 and is expected to reach USD 417.86 billion by 2031, and grow at a CAGR of 4.2% over the forecast period 2024-2031.

Medical gas analyzers are often used in hospitals and the healthcare industry to detect, measure, and analyze medical gases. The market is growing due to a rise in the number of medical gas therapy patients across geographies, as well as an increase in the number of operations, emergencies, and ICU patients. In addition, the rising frequency of chronic diseases and technical improvements in medical gas analyzers are likely to drive market growth throughout the forecast period. However, in several developing nations, a lack of understanding regarding medical gas analyzers is impeding the market's growth.

Medical Gas Analyzers Market Revenue Analysis

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Patient monitoring, safety, and diagnosis, as well as treatment of a patient, are becoming more dependent on medical gas analyzers. The medical gas analyzer is gaining traction and is being used in a variety of healthcare settings throughout the world.



  • An important component of a variety of long-term care therapies.

  • The rising incidence of unhealthy lifestyles.


  • Rise in the price

  • Increase of scarcity


  • Technical Advancement

  • Creating lighter and transportable


  • Rising operational costs and distribution.

  • Introduction of the new rule.


The outbreak of COVID-19 had a significant influence on the medical gas analyzer market. The healthcare services were observed to be overwhelmed and falling short once the COVID-19 was implemented. The demand for medicinal gases has increased, as has the demand for medical gas analyzer. According to reports, several administrations have approved temporary healthcare facilities as well as infrastructural renovations. However, due to limits on people and goods migration, supply networks were disrupted, which had a slight impact on industrial growth. During the short-term forecast period, the market is projected to gradually gain traction, with circumstances stabilizing and foreign commerce showing indications of recovery.


By product type: Due to features such as cost-effectiveness, precision, and dependability, the single gas analyzer segment dominates the worldwide medical gas analyzers market. Moreover, the increased usage of oxygen therapy contributes to the segment's growth. Due to technological advancements, though, demand for numerous gas analyzers is predicted to rise during the forecast period, making it the top revenue contributor.

By mobility type: Handheld, portable, and benchtop analyzers make up the worldwide medical gas analyzer market. The mobile analyzer segment currently accounts for the majority of revenue and is expected to continue to do so throughout the forecast period. This is due to the fact that these analyzers are simple to use, portable, cost-effective, and convenient to test. However, due to a surge in demand for easy-to-use and technologically advanced gas analyzers, the handheld analyzer segment is likely to grow rapidly throughout the projection period.


By Modality Type

  • Portable Analyzer

  • Handheld Analyzer

  • Benchtop Analyzer


  • Multiple Gas Analyzer

  • Single Gas Analyzer

By End-User

  • Hospitals

  • Pharmaceutical Industry

  • Ambulatory Surgery Centers

  • Others


Due to the presence of a large population base, increased awareness of advanced medical gas analyzers, development in healthcare infrastructure, and an increase in the number of medical gas analyzers, Asia-Pacific presents lucrative opportunities for players operating in the medical gas analyzers industry. The Asia-Pacific market is likely to be restrained by low healthcare awareness in some Asian nations and a lack of acts and regulations for medical gas systems.

Medical Gas Analyzers Market By Region

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North America

  • USA

  • Canada

  • Mexico


  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe


  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America


The Key Players are Dragerwerk AG & Co. KGaA, Novair Medical, Systech Illinois, The Linde Group, Roscid Technologies, MEECO Inc., Praxair Inc., Fluke Corporation, and other players.

Systech Illinois-Company Financial Analysis

Company Landscape Analysis

Medical Gas Analyzers Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 300.66 Billion
Market Size by 2031  US$ 417.86 Billion
CAGR  CAGR of 4.2% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Modality Type (Portable Analyzer, Handheld Analyzer, Benchtop Analyzer)
• By Product Type (Multiple Gas Analyzer, Single Gas Analyzer)
• By End User (Hospitals, Pharmaceutical Industry, Ambulatory Surgery Centers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Dragerwerk AG & Co. KGaA, Novair Medical, Systech Illinois, The Linde Group, Roscid Technologies, MEECO Inc., Praxair Inc., Fluke Corporation
DRIVERS • An important component of a variety of long-term care therapies.
• The rising incidence of unhealthy lifestyles.
Restraints • Rise in the price
• Increase of scarcity

Frequently Asked Questions

Ans:- The Medical Gas Analyzers Market Size was valued at USD 300.66 Bn in 2023.

Ans: - The Medical Gas Analyzers Market is to growing at a CAGR of 4.2% over the forecast period 2024-2031.

North America held the biggest market share, and this is likely to continue throughout the projection period.

An important component of a variety of long-term care therapies, and the rising incidence of unhealthy lifestyles, are all propelling the Medical Gas Analyzers market forward.

Rise in the price, and increase in scarcity are the main restraints of the Medical Gas Analyzers market.


Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis


6. Porter’s 5 forces model


7.  PEST Analysis


8. Medical Gas Analyzers Market Segmentation, by Modality Type

8.1 Portable Analyzer

8.2  Handheld Analyzer

8.3  Benchtop Analyzer

9. Medical Gas Analyzers Market Segmentation, by Product Type

9.1 Multiple Gas Analyzer

9.2 Single Gas Analyzer

10 Medical Gas Analyzers Market Segmentation, By End User

10.1 Hospitals

10.2 Pharmaceutical Industry

10.3 Ambulatory Surgery Centers

10.4 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3   Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4   Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profiles

12.1 Dragerwerk AG & Co. KGaA

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Novair Medical

12.3 Systech Illinois

12.4 The Linde Group

12.5 Roscid Technologies

12.6 MEECO Inc.

12.7 Praxair Inc.

12.8 Fluke Corporation

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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