Medical Gas Analyzer Market Size, Share, Growth, Trends, and Global Industry Analysis: By Analyzer Type (Single Gas Analyzer, Multiple Gas Analyzer), By Technology (Optical, Infrared, Electrochemical), By Equipment (Valves and Hose Assemblies, Alarm Systems, Cylinders, Flowmeters, Regulators, Air Compressors, Masks, Vacuum Systems, Manifolds, Outlets), By End User (Hospitals, Ambulatory Surgery Centers, Others), and Region forecast 2020-2031

Medical Gas Analyzer Market size was valued at US$ 305.64 million in 2024 and is expected to reach US$ 399.51 million by 2031, growing at a significant CAGR of 3.9% from 2025-2031. Medical gas analysis is becoming an important aspect of patient safety, patient monitoring, diagnosis, and therapy. This application of technology to determine the constituents and quantify physiologic gases is increasing in importance. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. Various medical gases such as oxygen, carbon dioxide, nitrogen, nitrogen dioxide, nitrous oxide, and medical air etc. have become a fundamental part of hospitals and many other healthcare facilities.

According to World Health Organization, Chronic obstructive pulmonary disease (COPD) is the third leading cause of death worldwide, caused 3.23 million deaths in 2019. This contributes to the rising demand for medical gases and the need for accurate analysis and monitoring. Additionally, rising aging population susceptible to chronic diseases requires specialized medical care, including the administration of medical gases, which ultimately accelerates the growth of the market. The continuous advancements in technology have led to the development of more sophisticated and user-friendly medical gas analyzers, which creates opportunities for further expansion of the medical gas analyzers market. However, high cost associated with the advanced analyzers can be a significant barrier to the medical gas analyzers market. Manufacturers and researchers are exploring new avenues and developing advanced medical gas analyzers to meet the evolving needs of healthcare professionals. For instance, in January 2021, ENVEA launched its new portable multi-gas analyzer.

Key Developments:

• In February 2021, Sensirion acquired micro gas-analyzer specialist Qmicro to strengthen its portfolio
• In November 2017, Servomex has launched a new multi-gas analyzer offering up to four simultaneous digital gas stream measurements and configurable to a wide range of industrial gas and pharmacopeia applications.