Industrial Gases & Cryogenic · Direct
Monitoring · monthly
Procurement Category Intelligence

Medical Nitrous Oxide

Overview
Market size
$1.2B
global, USD
CAGR
6.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$1.6B

What changed

Demand by region

North America demand35%
Europe demand30%
Asia Pacific demand20%
Rest of world demand15%
share of global demandtotal 100%

Cost drivers

Ammonium nitrate feedstock45%
Energy and purification utility costs25%
Packaging and cylinder logistics15%
Regulatory compliance and quality control15%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked