Saudi Arabia Medical Gases Market Analysis, Growth & Size Report | 2034

The healthcare industry in Saudi Arabia is witnessing significant advancements, particularly in the medical gases sector.

Health Mar 10, 2025 5 Add to Reading List

Saudi Arabia Medical Gases Market Analysis, Growth & Size Report | 2034

The healthcare industry in Saudi Arabia is witnessing significant advancements, particularly in the medical gases sector. With the increasing prevalence of chronic respiratory diseases, along with a robust healthcare infrastructure, the demand for medical gases in the region has been growing steadily. The Saudi Arabia medical gases market is expected to grow at a compound annual growth rate (CAGR) of 7.10% during the forecast period from 2025 to 2034. This growth is largely driven by the rising number of respiratory ailments, significant government investments in healthcare, and an expanding hospital network, all of which are increasing the demand for medical gases, including oxygen, nitrogen, and carbon dioxide. Furthermore, the Kingdom's Vision 2030 plan, which focuses on the development of the healthcare sector, is likely to provide substantial opportunities for market players to expand their operations in the coming years.

Market Overview of the Saudi Arabia Medical Gases Market

Medical gases, which include oxygen, nitrogen, carbon dioxide, nitrous oxide, and medical air, play a crucial role in modern healthcare settings. They are used for a variety of purposes, including respiratory therapy, anesthesia, and medical imaging. The Saudi Arabia medical gases market is vital to the functioning of hospitals, clinics, and emergency care centers across the country, and it has witnessed steady growth as the demand for healthcare services and advanced medical treatments rises.

The growing prevalence of chronic respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and sleep apnea has contributed significantly to the demand for oxygen and other medical gases. Moreover, the healthcare infrastructure in Saudi Arabia has been rapidly expanding due to government investments in healthcare services and medical technologies. As the healthcare sector continues to modernize and expand, the need for medical gases to support treatment procedures is expected to rise.

In line with the Kingdom’s Vision 2030 plan, the government has been focusing on diversifying its healthcare sector by increasing private-sector involvement and improving access to healthcare services. This has further accelerated the demand for medical gases in various healthcare applications, such as hospitals, home healthcare services, and ambulances.

Market Size and Growth Projections

The Saudi Arabia medical gases market was valued at a substantial amount in 2024 and is projected to continue growing at a healthy pace, with a CAGR of 7.10% during the forecast period from 2025 to 2034. By 2034, the market is expected to reach a significantly larger size, driven by both the increasing demand for medical gases and the continued expansion of the country’s healthcare infrastructure.

Several factors contribute to this growth. The increasing number of healthcare facilities, coupled with a growing elderly population, is pushing the demand for medical gases. Additionally, the rise in healthcare spending and advancements in medical technologies is also contributing to the market's expansion. The government’s initiatives under Vision 2030 are likely to bolster the development of healthcare infrastructure, thereby creating more demand for medical gases.

Get a Free Sample Report with Table of Contents

Market Share Analysis

The Saudi Arabia medical gases market is highly competitive, with several key players operating in the region. These players offer a wide range of medical gases, including oxygen, nitrogen, carbon dioxide, and nitrous oxide, to cater to various healthcare needs. The market is dominated by a few major players who have established themselves as key suppliers of medical gases, particularly for hospitals, clinics, and emergency care settings.

International companies like Air Products and Chemicals, Inc. and Linde Saudi Industrial Gas Company are prominent players in the market, but local companies such as Jacko Gases Company, Gulf Cryo Saudi for Industrial & Medical Gases, and Barrak Industrial Gases Factory also hold significant market share. The market is fragmented, with players differentiating themselves based on product quality, distribution capabilities, and service offerings.

The market share is influenced by factors such as the ability to meet the increasing demand for medical gases, technological advancements in gas production, and the companies’ ability to maintain long-term relationships with healthcare facilities. Given the high demand for oxygen and other medical gases, companies that can maintain consistent supply chains and offer reliable products are well-positioned to capture a significant market share in the region.

Market Trends

Increasing Demand for Oxygen Therapy: The prevalence of chronic respiratory diseases like COPD and asthma is rising in Saudi Arabia, significantly increasing the demand for oxygen therapy. The increasing number of patients requiring long-term oxygen therapy (LTOT) has fueled the growth of the medical gases market.
Growth in Hospital Infrastructure: The Saudi government has been making substantial investments in the healthcare sector under the Vision 2030 initiative, leading to the development of new hospitals and healthcare facilities. As the number of healthcare facilities grows, the demand for medical gases will naturally increase.
Home Healthcare Services: With the increasing adoption of home healthcare services, medical gases are being used more frequently in home settings. This trend is driven by the rising elderly population in Saudi Arabia and the preference for receiving treatment at home.
Technological Advancements: The development of more efficient gas production and storage technologies is expected to drive growth in the medical gases market. Innovations such as portable oxygen concentrators and advanced gas delivery systems will enhance the quality and accessibility of medical gases.
Government Investments in Healthcare: The Saudi government’s Vision 2030 plan emphasizes the modernization of the healthcare sector, resulting in an increased demand for medical gases. The government’s focus on improving healthcare access and quality is expected to provide significant growth opportunities for medical gas suppliers.
Increase in Medical Gas Regulations: To ensure the safety and quality of medical gases, the Saudi Arabian government and relevant regulatory bodies are likely to implement stricter regulations. These regulations will enhance the safety standards of medical gases, further boosting the market.

Market Segmentation

The Saudi Arabia medical gases market can be segmented based on various factors such as gas type, application, end-users, and distribution method.

By Gas Type:

Oxygen: The largest segment in the medical gases market, primarily used for respiratory therapy and anesthesia.
Nitrogen: Used in medical applications such as cryopreservation and as a coolant for medical equipment.
Carbon Dioxide: Used for anesthesia and in medical imaging.
Nitrous Oxide: Commonly used in dentistry and for anesthesia purposes.
Medical Air: Used in hospitals for various applications, including the functioning of respiratory equipment.

By Application:

Respiratory Therapy: The largest application segment, driven by the high demand for oxygen therapy for respiratory diseases.
Anesthesia: Medical gases like nitrous oxide and oxygen are widely used in anesthesia procedures.
Medical Imaging: Gases like carbon dioxide and nitrous oxide are used in imaging procedures to provide optimal diagnostic results.
Cryopreservation: Nitrogen is extensively used for preserving biological samples in medical research and hospitals.

By End-User:

Hospitals and Clinics: The primary end-users of medical gases in Saudi Arabia. The growing number of healthcare facilities is driving demand in this segment.
Home Healthcare: With the rise of home healthcare services, medical gases are increasingly being used outside of hospital settings.
Medical Research Institutes: Medical research institutions use medical gases for various purposes, including preservation, testing, and experimentation.

By Distribution Method:

On-Site Production: Some hospitals and healthcare facilities opt for on-site production of medical gases, particularly oxygen, to meet their requirements.
Cylinder Delivery: This method is widely used for the transportation of medical gases to healthcare settings.
Bulk Delivery: Larger facilities often prefer bulk deliveries of medical gases to ensure a steady supply.

Market Growth and Outlook

The Saudi Arabia medical gases market is set to experience strong growth over the next decade, with a projected CAGR of 7.10% between 2025 and 2034. The increasing demand for medical gases, driven by the rising prevalence of chronic respiratory diseases, the expansion of healthcare facilities, and the growing elderly population, will propel the market's growth. Additionally, government investments in healthcare infrastructure and advancements in medical gas technologies will create new opportunities for market players.

The market’s growth is also supported by the expansion of the home healthcare sector, as more patients opt for home-based treatments, including oxygen therapy. Furthermore, technological innovations in gas production, storage, and delivery will further enhance the efficiency and accessibility of medical gases in Saudi Arabia.

Recent Developments and Challenges in the Market

Recent Developments:

Government Investments: The Saudi government’s Vision 2030 plan continues to drive investments in healthcare infrastructure, which includes expanding hospital and healthcare facilities, resulting in increased demand for medical gases.
Technological Innovations: Companies are increasingly focusing on innovations like portable oxygen concentrators and more efficient gas delivery systems to cater to the growing demand for medical gases.

Challenges:

Regulatory Compliance: The need to meet increasingly stringent regulations on the safety and quality of medical gases presents a challenge for suppliers, particularly in terms of maintaining high standards.
Supply Chain Constraints: Ensuring the uninterrupted supply of medical gases, especially in emergency situations, remains a logistical challenge in the region.