India Medical Gases Market to be grow by 8.10% CAGR through 2030

Government’s increased focus for improving healthcare infrastructure is expected to drive the growth of India Medical Gases Market during the forecast period, 2026-2030

According to TechSci Research report, “India Medical Gases Market - By Region, Competition, Forecast & Opportunities, 2030F”, the India Medical Gases Market was valued at USD 715.50 Million in 2024 and is expected to reach USD 1135.10 Million by 2030, growing with a CAGR of 8.10% in the forecast period.

The India medical gases market has been evolving rapidly, driven by growing healthcare demands, technological advancements, and increased focus on patient safety and critical care infrastructure. Medical gases such as oxygen, nitrous oxide, carbon dioxide, medical air, and gas mixtures are essential components of modern healthcare, playing a vital role in surgeries, intensive care units (ICUs), emergency services, diagnostics, and respiratory therapies.

The expansion of hospitals and healthcare facilities across urban and semi-urban regions has significantly contributed to the rising demand for these gases. India's increasing burden of non-communicable diseases like chronic obstructive pulmonary disease (COPD), cardiovascular conditions, and asthma has made therapeutic gases a routine necessity in both inpatient and homecare settings. The aging population and growing number of surgeries also contribute to the frequent and high-volume use of medical gases, particularly oxygen and nitrous oxide.

In response to past supply disruptions, particularly during the COVID-19 crisis, the India medical gases market witnessed a significant shift in focus toward self-reliance and localized production. The acute shortage of medical oxygen during the pandemic exposed vulnerabilities in the centralized gas supply system and highlighted the urgent need for on-site oxygen generation capabilities. In response, numerous hospitals and state governments across the country began investing in Pressure Swing Adsorption (PSA) oxygen generation plants. These plants enabled healthcare facilities to produce high-purity oxygen on-site, reducing dependency on external suppliers and mitigating the risk of transport-related delays.

This move toward decentralization has also spurred innovation in medical gas generation and delivery technologies. Manufacturers and engineering firms are now developing compact, energy-efficient, and cost-effective solutions to meet the needs of both large hospitals and smaller healthcare centers in semi-urban and rural areas. As a result, access to reliable medical gases has improved, particularly in regions that previously faced supply challenges.

Simultaneously, the home healthcare segment is gaining traction as more patients choose to manage chronic respiratory conditions, such as COPD and asthma, from the comfort of their homes. The increasing use of portable oxygen concentrators and cylinders is contributing to the market’s growth. Companies are expanding their offerings and service networks to meet rising demand from patients and caregivers, especially among the elderly population. Hospitals are also adopting more advanced infrastructure, including centralized medical gas pipeline systems (MGPS), automated monitoring tools, and stringent safety protocols. These upgrades are improving operational efficiency, minimizing wastage, and ensuring the safe use of gases in critical care environments.

Despite the momentum, the market still faces hurdles such as regulatory inconsistencies, licensing challenges, and a lack of infrastructure in remote areas. However, with ongoing healthcare reforms, public-private partnerships, and policy support aimed at boosting healthcare access and quality, the India medical gases market is expected to grow steadily. Investments in training, infrastructure, and technology will play a crucial role in ensuring the safe, efficient, and uninterrupted supply of medical gases across diverse healthcare settings in the country.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " India Medical Gases Market"

The India Medical Gases Market is segmented into gas type, application, end user, regional distribution, and company.

Based on end user, hospitals is the fastest growing segment the India medical gases market primarily due to their continuous and large-scale demand for various gases essential for patient care. Medical gases like oxygen, nitrous oxide, carbon dioxide, and medical air are integral to the functioning of hospitals, supporting critical applications such as surgeries, anesthesia, intensive care, emergency treatment, and respiratory therapy. These gases are required across departments including ICUs, operation theatres, neonatal units, and general wards, making hospitals the largest and most consistent consumers.

The nature of hospital operations demands a steady and uninterrupted supply of high-purity gases, which has led to the installation of centralized medical gas pipeline systems (MGPS), on-site oxygen generation plants, and automated gas monitoring solutions. Such infrastructure investments are common in hospitals due to the need for 24/7 patient care and adherence to safety and regulatory standards. Hospitals also handle a higher volume of patients, both inpatients and outpatients, compared to other healthcare facilities. This high patient turnover naturally leads to increased consumption of gases for diagnosis, treatment, and recovery support. As a result, hospitals remain at the forefront of demand within the medical gases market, driving continuous growth through infrastructure expansion, technological adoption, and the delivery of advanced medical care across urban and semi-urban India.

Based on region, South India is emerging as the fastest-growing region in the medical gases market due to its strong healthcare infrastructure, rapid urbanization, and increasing investments in both public and private healthcare facilities. States like Tamil Nadu, Karnataka, Kerala, and Telangana have seen a significant rise in the number of multispecialty hospitals, medical colleges, and advanced diagnostic centers, all of which contribute to higher demand for medical gases. These states are known for offering high-quality medical services and have become hubs for medical tourism, attracting both domestic and international patients. The increase in surgical procedures, critical care services, and emergency care across these institutions has resulted in greater consumption of oxygen, nitrous oxide, and other therapeutic gases.

The region has also shown leadership in adopting newer technologies, such as on-site oxygen generation plants, centralized pipeline systems, and advanced gas monitoring solutions, especially in urban hospitals. Supportive state-level policies, better logistics infrastructure, and skilled healthcare professionals have further accelerated market growth. Home healthcare is expanding rapidly in South India, with more patients opting for oxygen therapy and chronic disease management at home. The combination of medical innovation, healthcare accessibility, and proactive infrastructure development makes South India a key driver of future growth in the country’s medical gases market.

Major companies operating in India Medical Gases Market are:

·         Matheson TriGas, Inc.

·         Messer Group (Messer India Pvt.Ltd.)

·         Linde India Limited

·         INOX Air Products Private Limited

·         Praxair India Private Limited

·         Air Liquide India

·         Taiyo Nippon Sanso India Pvt. Ltd.

·         SICGIL India Limited

·         Bhuruka Gases Limited

·         Uttam Air Products Pvt. Ltd.

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“The India medical gases market is undergoing rapid transformation, fueled by increased healthcare awareness, rising patient volumes, and growing investment in medical infrastructure. Gases like oxygen, nitrous oxide, and medical air are critical for surgery, intensive care, and respiratory treatments. With a shift toward better hospital preparedness and home-based care, demand is rising across urban and semi-urban areas. Innovations in gas generation, delivery systems, and monitoring tools are enhancing safety and efficiency. Government initiatives to improve oxygen availability and expand rural healthcare access are also boosting the market. These factors position India as a growing hub for medical gas solutions”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“India Medical Gases Market, By Gas Type (Pure Gas, Gas Mixtures), By Application (Therapeutic, Diagnostic, Biotechnology and Pharmaceutical Industry, Others), By End User (Hospitals, Home Healthcare, Academic and Research Institutions), By Region, Forecast & Competition, 2020-2030F”, has evaluated the future growth potential of India Medical Gases Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India Medical Gases Market.

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