Product Code: ETC6184762 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The medical gas market in Australia is experiencing steady growth due to an aging population, expanding healthcare infrastructure, and increasing demand for respiratory and surgical procedures. Medical gases such as oxygen, nitrous oxide, and helium are critical for anesthesia, diagnostics, and intensive care. Domestic production, storage, and distribution are governed by Australian Standards (AS) and Therapeutic Goods Administration (TGA) regulations, encouraging manufacturers to comply with high safety and quality benchmarks.
The medical gas market in Australia is expanding due to the increasing number of surgical procedures, growing geriatric population, and high prevalence of chronic diseases. Oxygen, nitrous oxide, and carbon dioxide are the most in-demand gases. The implementation of strict safety and quality standards is also driving investments in advanced medical gas delivery systems, while private hospitals are increasingly seeking gas pipeline installations to streamline operations.
In the Australian medical gas market, challenges include logistical complexities in the distribution and storage of gases like oxygen, nitrous oxide, and carbon dioxide, especially to remote and rural healthcare facilities. Compliance with stringent health and safety regulations during production, storage, and transport of these gases significantly increases operational costs. The market also struggles with fluctuating demand patterns, especially during emergencies or pandemics, which can disrupt supply chains. Additionally, dependency on imported equipment for gas delivery and purification adds to costs and lead times.
The medical gas market offers investment avenues in storage and distribution infrastructure, including bulk supply systems and pipeline installations in hospitals. Emerging opportunities also exist in green hydrogen and oxygen production via renewable energy, which aligns with Australias decarbonization goals. Investors looking to enter the healthcare infrastructure space can benefit from long-term gas supply contracts with public health authorities.
In the Australian medical gas market, government policies focus on ensuring the safe production, storage, and distribution of gases used in medical treatments, such as oxygen and nitrous oxide. The Work Health and Safety Act and related state regulations govern the safe handling and transportation of medical gases, and these regulations are enforced by state-based regulators. The Australian Standards AS 2896 for medical gas systems ensure that healthcare providers maintain the appropriate infrastructure. The government also plays a role in promoting the development of local manufacturing capabilities for medical gases to reduce dependence on international suppliers, thereby improving the security of the supply chain.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Medical Gas Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical Gas Market - Industry Life Cycle |
3.4 Australia Medical Gas Market - Porter's Five Forces |
3.5 Australia Medical Gas Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Medical Gas Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Medical Gas Market Revenues & Volume Share, By Method Of Separation, 2021 & 2031F |
3.8 Australia Medical Gas Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Medical Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing healthcare expenditure in Australia |
4.2.2 Growing geriatric population leading to higher demand for medical gases |
4.2.3 Technological advancements in medical gas delivery systems |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical gas production and distribution |
4.3.2 High cost associated with the setup and maintenance of medical gas infrastructure |
5 Australia Medical Gas Market Trends |
6 Australia Medical Gas Market, By Types |
6.1 Australia Medical Gas Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical Gas Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Medical Gas Market Revenues & Volume, By Medical Gases, 2021- 2031F |
6.1.4 Australia Medical Gas Market Revenues & Volume, By Medical Gas Equipment, 2021- 2031F |
6.2 Australia Medical Gas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical Gas Market Revenues & Volume, By Pharmaceutical Manufacturing and Research, 2021- 2031F |
6.2.3 Australia Medical Gas Market Revenues & Volume, By Diagnostic Applications, 2021- 2031F |
6.2.4 Australia Medical Gas Market Revenues & Volume, By Therapeutic Applications, 2021- 2031F |
6.3 Australia Medical Gas Market, By Method Of Separation |
6.3.1 Overview and Analysis |
6.3.2 Australia Medical Gas Market Revenues & Volume, By Physical Separators, 2021- 2031F |
6.3.3 Australia Medical Gas Market Revenues & Volume, By Fractional Distillation, 2021- 2031F |
6.3.4 Australia Medical Gas Market Revenues & Volume, By Molecular Sieve, 2021- 2031F |
6.3.5 Australia Medical Gas Market Revenues & Volume, By Semipermeable Membrane, 2021- 2031F |
6.4 Australia Medical Gas Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Australia Medical Gas Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Australia Medical Gas Market Revenues & Volume, By Home Healthcare, 2021- 2031F |
6.4.4 Australia Medical Gas Market Revenues & Volume, By Pharmaceutical and Biotechnology Companies, 2021- 2031F |
6.4.5 Australia Medical Gas Market Revenues & Volume, By Academic and Research Institutions, 2021- 2031F |
6.4.6 Australia Medical Gas Market Revenues & Volume, By Emergency Service Providers, 2021- 2031F |
7 Australia Medical Gas Market Import-Export Trade Statistics |
7.1 Australia Medical Gas Market Export to Major Countries |
7.2 Australia Medical Gas Market Imports from Major Countries |
8 Australia Medical Gas Market Key Performance Indicators |
8.1 Adoption rate of advanced medical gas delivery systems |
8.2 Number of healthcare facilities upgrading their medical gas systems |
8.3 Percentage of medical gas suppliers meeting regulatory compliance standards |
8.4 Rate of growth in demand for specialty medical gases |
8.5 Investment in research and development for innovative medical gas solutions |
9 Australia Medical Gas Market - Opportunity Assessment |
9.1 Australia Medical Gas Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Medical Gas Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Medical Gas Market Opportunity Assessment, By Method Of Separation, 2021 & 2031F |
9.4 Australia Medical Gas Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Medical Gas Market - Competitive Landscape |
10.1 Australia Medical Gas Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |