According to your link there is a replacement gauge available, listed under the Support tab. Probably your best bet for a quick, correct, easy fix.
Most gauges like that are not adjustable, usually because the case is crimped and can't come apart. Ones I've been able to adjust involved some delicate disassembly and tweaking the curved bourdon tube (Google air gauge internal parts and you'll see.what one looks like). Usually a very fine adjustment of straightening or shortening the tubes curve. That's the part that takes in the air and under pressure changes it's shape, causing movement of a mechanism that in turn moves the needle.
I'd first ask if it's still under warranty. If not, I'd ask if you have a known good gauge to check it against if you can even disassemble it for tweaking. If not, do yourself a solid and just purchase a new replacement gauge from Matco.
Good luck.
V/R
Bogie