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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Medical Gases Market Size
The India medical gases market has been growing at a rapid rate, driven by the increasing prevalence of chronic respiratory disease accompanied with the rising geriatric population in India. The market size is anticipated to grow at a CAGR of 15% during the forecast period of 2024-2032. The demand for home healthcare has also had a significant impact on India medical gas market demand.
India Medical Gases Market Report Snapshots
India Medical Gases Market Size
India Medical Gases Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market for medical gases in India is anticipated to grow at a CAGR of 15% during the forecast period of 2024-2032.
The growth of the market is driven by the increasing prevalence of chronic respiratory disease, along with the rapidly rising geriatric population in India. The market is also expected to witness robust growth due to an increase in the pollution parameters and illness causing infections and disorders.
Market is expected to grow at a much rapid rate owing to several key trends like the rising incidence of respiratory diseases such as asthma and COPD caused due to tobacco use and rising pollution levels, further the geriatric population is also vulnerable to the prevalence of rising pollution, infections, and impact of other illnesses therefore it also has an indirect effect on the demand of Indian gases market.
The major regional markets in India include North, South, East, and West.
The different product types in the market include medical gases and medical gas equipment. Medical gases can be categorised into pure medical gases and medical gas mixture.
The modes of delivery present in the market are high-pressure cylinders, liquid tanks, and bulk delivery, among others.
Hospitals, ambulatory surgical centers, home healthcare, pharmaceutical and biotechnology companies, diagnostic and research laboratories are the key end-users of medical gases in India.
Medical gases find wide applications in therapeutic, pharmaceutical manufacturing and research, and diagnostic applications, among others.
Key players involved in the market are Linde India Limited, INOX Air Products Limited, Praxair India Private Limited, Air Liquide India, K-Air Speciality Gases Pvt. Ltd., SICGIL India Limited, Bhuruka Gases Limited, and Uttam Air Products.
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