- In March 2024, Linde India announced a $60 million investment in new medical oxygen and nitrogen plants across Maharashtra and Gujarat
- In November 2023, Air Liquide expanded its bulk medical gas delivery system network to over 150 hospitals in Southeast Asia
- In July 2023, Taiyo Nippon Sanso Corporation introduced a next-gen oxygen flow monitoring system for smart hospitals in Japan
Frequently Asked Questions
Key trends include the expansion of portable oxygen and home-use gas delivery systems, integration of gas management systems with IoT, and government-led medical infrastructure projects.
The Medical Oxygen segment dominates due to its critical application in surgical procedures, respiratory illnesses, and emergency care.
Major challenges include supply chain inefficiencies, infrastructure gaps, and shortages of raw materials like aluminum, which hinder the production of gas cylinders.