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Medical Helium Market Growth, Market Segmentation and Regional Analysis - Global Forecast 2031


The "Medical Helium Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.


Medical Helium Market Overview and Report Coverage


Medical helium is a colorless, odorless, tasteless, non-toxic, and inert gas that is widely used in various medical applications such as MRI machines, cryosurgery, and breathing gas mixture for the treatment of respiratory disorders. The global medical helium market is experiencing steady growth due to the increasing demand for MRI machines and the growing prevalence of respiratory diseases.

The market is expected to witness a CAGR of % during the forecasted period of 2024-2031. The key drivers for the growth of the medical helium market include the rising geriatric population, advancements in medical technologies, and increased awareness about the benefits of helium in medical applications.

Additionally, emerging markets in developing countries, as well as the increasing investments in healthcare infrastructure, are expected to contribute to the market growth. The ongoing research and development activities to explore new applications of medical helium are also anticipated to drive market expansion.

Overall, the future outlook of the medical helium market looks promising, with the increasing demand for medical gases and the growing focus on healthcare quality and patient safety. The market trends indicate a positive trajectory for the medical helium industry in the coming years.


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Market Segmentation


The Medical Helium Market Analysis by Types is segmented into:


  • Gaseous State
  • Liquid State


Medical helium can be found in two states in the market - gaseous and liquid. In the gaseous state market, helium is typically sold in compressed gas cylinders for various medical applications such as MRI machines and cryogenic cooling systems. In the liquid state market, helium is sold in cryogenic liquid form for applications where a more compact storage solution is needed or where cryogenic temperatures are required, such as in superconducting magnets. Both forms of medical helium are vital for various healthcare and scientific applications.


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The Medical Helium Market Industry Research by Application is segmented into:


  • Hospitals (Labs and Clinics)
  • Home Healthcare
  • Universities/Research Institutions


Medical helium is widely used in hospitals, labs, and clinics for various applications such as MRI machines, cryotherapy, and pneumatics. It is also used in home healthcare for respiratory therapy and oxygen therapy. Additionally, universities and research institutions utilize helium for various experiments and studies. The growing demand for medical helium in these sectors is driving the market growth, with hospitals, home healthcare, and universities/research institutions being the primary end-users.


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In terms of Region, the Medical Helium Market available by Region are:



North America:


  • United States

  • Canada



Europe:


  • Germany

  • France

  • U.K.

  • Italy

  • Russia



Asia-Pacific:


  • China

  • Japan

  • South Korea

  • India

  • Australia

  • China Taiwan

  • Indonesia

  • Thailand

  • Malaysia



Latin America:


  • Mexico

  • Brazil

  • Argentina Korea

  • Colombia



Middle East & Africa:


  • Turkey

  • Saudi

  • Arabia

  • UAE

  • Korea




The Medical Helium market is witnessing significant growth globally, driven by the increasing demand for helium in various healthcare applications such as MRI machines, cryosurgery, and respiratory therapy. In North America, the US and Canada are the key markets for medical helium, with a high prevalence of chronic respiratory diseases and a large number of healthcare facilities utilizing helium-based technologies. In Europe, countries like Germany, France, and the UK are witnessing steady growth in the medical helium market due to the presence of leading healthcare equipment manufacturers and a well-established healthcare infrastructure. In Asia-Pacific, China, Japan, and India are emerging as lucrative markets for medical helium, fueled by rapid urbanization and a growing aging population. Latin America and Middle East & Africa are also witnessing growth opportunities in the medical helium market, driven by increasing healthcare investments and government initiatives. Key players in the market include Air Liquide (Airgas), Linde Healthcare, Air Products, Taiyo Nippon Sanso Corporation, Messer Group, SOL Group, Norco, and Air Water Inc, who are focusing on strategic partnerships, product innovation, and geographic expansion to capitalize on the growing demand for medical helium.


Medical Helium Market Emerging Trends


The global medical helium market is witnessing emerging trends such as increasing adoption of helium in MRI machines for better imaging quality, growing usage of helium in cryogenics for medical applications, and rising demand for helium in respiratory therapy for conditions like asthma and COPD. Current trends in the market include the development of innovative helium delivery systems, the expansion of helium production facilities to meet the growing demand, and the increasing use of helium in research and development of new medical technologies. Overall, the market is expected to continue growing as the healthcare industry increasingly relies on helium for various medical applications.


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Major Market Players


  • Air Liquide(Airgas)
  • Linde Healthcare
  • Air Products
  • Taiyo Nippon Sanso Corporation
  • Messer Group
  • SOL Group
  • Norco
  • Air Water Inc


Air Liquide (Airgas), Linde Healthcare, and Air Products are three of the major players in the medical helium market. Air Liquide (Airgas) is a leading global supplier of industrial gases and is known for its wide range of products and services. Linde Healthcare, a division of The Linde Group, specializes in providing medical gases and related equipment to healthcare facilities. Air Products is another key player in the medical helium market, known for its innovative solutions and strong global presence.

In terms of market growth, the medical helium market is expected to grow steadily in the coming years due to the increasing demand for helium in medical applications such as MRI machines and cryogenics. The market is also being driven by technological advancements and the growing prevalence of chronic diseases that require medical gases for treatment.

Some of the latest trends in the medical helium market include the shift towards portable and lightweight helium tanks for use in healthcare facilities, as well as the increasing focus on sustainability and environmental responsibility in the production and use of medical gases.

The market size of the medical helium market is estimated to be around $2 billion globally, with North America and Europe being the largest markets for medical helium.

In terms of sales revenue, Air Liquide reported sales of $ billion in 2020, Linde Healthcare reported sales of $28.8 billion in 2020, and Air Products reported sales of $8.9 billion in 2020. These figures indicate the strong presence and financial performance of these companies in the medical helium market.


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