The U.S. dominates the medical gas market in North America due to the presence of a large number of healthcare facilities and the high demand for medical gases in various medical procedures.
Canada also holds a significant market share, driven by increasing healthcare infrastructure development and growing awareness about the importance of medical gases in the healthcare sector.
Asia Pacific:
China is the largest market for medical gases in the Asia Pacific region, with rapid industrialization and increasing investment in healthcare infrastructure propelling market growth.
Japan and South Korea are also key markets, supported by technological advancements in the healthcare sector and the rising prevalence of chronic diseases driving the demand for medical gases.
Europe:
The United Kingdom is a major market for medical gases in Europe, attributed to the presence of a well-established healthcare system and the high adoption rate of medical gas products.
Germany and France are also prominent markets, with a strong emphasis on research and development activities in the healthcare sector driving market growth.