Oxygen Therapy Market Growth, Size, Trends, Demand, Revenue, Challenges and Future Outlook
Global Oxygen Therapy Market Size- By Product, By Portability, By Application, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Oct-2022 | Report ID: HLCA2213 | Pages: 1 - 236 | Formats*: |
| Category : Healthcare | |||
Oxygen Therapy Market Introduction and Overview
According to SPER Market Research, the Global Oxygen Therapy Market is estimated to reach USD 66.26 billion by 2032 with a CAGR of 6.03%.
The report includes an in-depth analysis of the Global Oxygen Therapy market, including market size and trends, product mix, distribution channels, and supplier analysis. Oxygen therapy is a medical intervention that provides a higher concentration of oxygen to those who have trouble breathing or have diseases that cause low oxygen levels in their blood. It entails the regulated delivery of supplemental oxygen using various delivery systems such as nasal cannulas, face masks, or ventilators.
- In November 2021, UNICEF teamed with the British government and Oxygen CoLab to develop a robust oxygen concentrator for use in resource-limited areas. This effort is now being carried out in order to tackle the coronavirus problem while also meeting the demand for oxygen in critical care settings.
- In July 2021, Belluscura (BELL) announced the signing of its first contract and third distribution agreement with a manufacturer of durable medical equipment for its X-PLO2RTM line of portable oxygen concentrators. Durable medical equipment (or "DME") is available online and at a number of stores across the country. While this is going on, the third distributor has already ordered the X-PLO2RTM portable oxygen concentrator, which should arrive in less than 90 days.
Market Opportunities and Challenges
The oxygen therapy market offers considerable opportunities as well as significant challenges. On the opportunity front, the rising prevalence of respiratory disorders such as COPD, asthma, and sleep apnea, along with an aging population, has resulted in an increase in demand for oxygen therapy equipment and services. Technological advancements have also resulted in the creation of more efficient and portable oxygen delivery devices that can meet the needs of a larger patient population.
However, this rising business faces a number of challenges. The cost of oxygen therapy equipment and subsequent maintenance might be too expensive for some patients, creating financial barriers to access. Because of the life-saving nature of oxygen therapy, regulatory compliance and quality assurance in manufacturing and distribution are critical, which can be a considerable barrier for enterprises in the field. Furthermore, the market is very competitive, with a slew of manufacturers and suppliers striving for market dominance, putting downward pressure on prices.
Market Competitive Landscape
The oxygen therapy industry is characterized by fierce competition among numerous big competitors as well as a plethora of smaller enterprises and suppliers. Well-known medical equipment manufacturers dominate the industry, including Philips Healthcare, Linde Group, Invacare Corporation, and ResMed, among others. These market leaders frequently offer a diverse selection of oxygen therapy goods and have a strong global presence, making them formidable competitors.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product, By Portability, By Application, By End Use |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | CAllied Healthcare Products, Inc., Andreas Fahl Medizintechnik-Vertriebs GmbH, Becton, Dickinson and Company, CAIRE, Chart Industries, Inc., DeVilbiss Healthcare Drägerwerk AG & Co. KGaA, Essex Industries, Inc., Fisher & Paykel Healthcare Corporation Limited, GCE Holding AB, GE Healthcare, Heinen + Löwenstein GmbH & Co. KG, HERSILL S.L., HUM - Gesellschaft für Homecare und Medizintechnik mbH, Inogen, Inc., Invacare Corporation, IUC Medical, Linde Healthcare, Medicap homecare GmbH, Medicop D.O.O., Messer Medical Austria GmbH, Philips Healthcare, Philips Respironics, Inc., ResMedDrägerwerk AG & Co. KGaALinde, Respan Products Inc., Smiths Medical, Taiyo Nippon Sanso Corporation, Tecno-Gaz IndustriesTeleflex Incorporated, Weinmann Emergency Medical Technology GmbH + Co. KG. |
COVID-19 Impact on Global Oxygen Therapy Market
The COVID-19 pandemic had a significant impact on the medical device industry as a result of lockdown requirements and supply chain management concerns. However, because oxygen therapy was employed as the first line of treatment for critically ill patients infected with coronaviruses, oxygen therapy equipment was in great demand throughout the crisis. As a result of a major global ventilator shortage, demand for oxygen concentrators increased dramatically. In order to overcome this scarcity, biomedical engineers and scientists have built temporary systems that mimic the key functions of ventilators by leveraging existing equipment such as oxygen concentrators, PAP machines, anaesthetic machines, and manual resuscitators.
Key Target Audience:
- Healthcare Providers
- Patients
- Medical Equipment Manufacturers and Suppliers
- Pharmaceutical Companies
- Investors and Stakeholders
- Others
Our in-depth analysis of the Oxygen Therapy Market includes the following segments:
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Key Topics Covered in the Report:
- Global Oxygen Therapy Market Size (FY’2022-FY’2032)
- Overview of Global Oxygen Therapy Market
- Segmentation of Global Oxygen Therapy Market By Product (Oxygen Source Equipment, Oxygen Delivery Devices, Others)
- Segmentation of Global Oxygen Therapy Market By Portability (Stationary Devices and Portable Devices)
- Segmentation of Global Oxygen Therapy Market By Application (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Cystic Fibrosis, Respiratory Distress Syndrome, Pneumonia, Other Diseases.)
- Segmentation of Global Oxygen Therapy Market By End User (Home Healthcare, Non-Home Healthcare, Ambulatory Surgical Centers & Physician Offices.)
- Statistical Snap of Global Oxygen Therapy Market
- Expansion Analysis of Global Oxygen Therapy Market
- Problems and Obstacles in Global Oxygen Therapy Market
- Competitive Landscape in the Global Oxygen Therapy Market
- Impact of COVID-19 and Demonetization on Global Oxygen Therapy Market
- Details on Current Investment in Global Oxygen Therapy Market
- Competitive Analysis of Global Oxygen Therapy Market
- Prominent Players in the Global Oxygen Therapy Market
- SWOT Analysis of Global Oxygen Therapy Market
- Global Oxygen Therapy Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Oxygen Therapy Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Oxygen Therapy Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Oxygen Therapy Market
7. Global Oxygen Therapy Market, By Product (USD Million)
7.1. Global Oxygen Therapy Market Value Share and Forecast, By Product, 2022-20327.2. Oxygen Source Equipment7.3. Oxygen Delivery Devices7.4. Others
8. Global Oxygen Therapy Market, By Portability (USD Million)
8.1. Global Oxygen Therapy Market Value Share and Forecast, By Portability, 2022-20328.2. Stationary Devices8.3. Portable Devices
9. Global Oxygen Therapy Market, By Application (USD Million)
9.1. Global Oxygen Therapy Market Value Share and Forecast, By Application, 2022-2032
9.2. Chronic Obstructive Pulmonary Disease (COPD)9.3. Asthma9.4. Cystic Fibrosis9.5. Respiratory Distress Syndrome9.6. Pneumonia9.7. Others
10. Global Oxygen Therapy Market, By End User (USD Million)
10.1. Global Oxygen Therapy Market Value Share and Forecast, By End User, 2023-203210.2. Home Healthcare10.3. Non-Home Healthcare10.4. Ambulatory Surgical Centers & Physician Offices
11. Global Oxygen Therapy Market Forecast, 2019-2032 (USD Million)
11.1. Global Oxygen Therapy Market Size and Market Share
12. Global Oxygen Therapy Market, By Product, 2019-2032 (USD Million)
12.1. Global Oxygen Therapy Market Size and Market Share By Product (2019-2026)12.2. Global Oxygen Therapy Market Size and Market Share By Product (2027-2032)
13. Global Oxygen Therapy Market, By Portability, 2019-2032 (USD Million)
13.1. Global Oxygen Therapy Market Size and Market Share By Portability (2019-2026)13.2. Global Oxygen Therapy Market Size and Market Share By Portability (2027-2032)
14. Global Oxygen Therapy Market, By Application, 2019-2032 (USD Million)
14.1. Global Oxygen Therapy Market Size and Market Share By Application (2019-2026)14.2. Global Oxygen Therapy Market Size and Market Share By Application (2027-2032)
15. Global Oxygen Therapy Market, By End User, 2019-2032 (USD Million)
15.1. Global Oxygen Therapy Market Size and Market Share By End User (2019-2026)15.2. Global Oxygen Therapy Market Size and Market Share By End User (2027-2032)
16. Global Oxygen Therapy Market, By Region, 2019-2032 (USD Million)
16.1. Global Oxygen Therapy Market Size and Market Share By Region (2019-2026)16.2. Global Oxygen Therapy Market Size and Market Share By Region (2027-2032)16.3. Asia-Pacific16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific16.4. Europe16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Allied Healthcare Products, Inc.17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Andreas Fahl Medizintechnik-Vertriebs GmbH17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Becton, Dickinson and Company17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. CAIRE17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Chart Industries, Inc.17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. DeVilbiss Healthcare17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent development17.7. Drägerwerk AG & Co. KGaA17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent development17.8. Essex Industries, Inc.17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent development17.9. Fisher & Paykel Healthcare Corporation Limited17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent development17.10. GCE Holding AB17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent development17.11. GE Healthcare17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent development17.12. Heinen + Löwenstein GmbH & Co. KG17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent development17.13. HERSILL S.L.17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent development17.14. HUM - Gesellschaft für Homecare und Medizintechnik mbH17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent development17.15. Inogen, Inc.17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent development17.16. Invacare Corporation17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent development17.17. IUC Medical17.17.1. Company details17.17.2. Financial outlook17.17.3. Product summary17.17.4. Recent development17.18. Linde Healthcare17.18.1. Company details17.18.2. Financial outlook17.18.3. Product summary17.18.4. Recent development17.19. Medicap homecare GmbH17.19.1. Company details17.19.2. Financial outlook17.19.3. Product summary17.19.4. Recent development17.20. Medicop D.O.O.17.20.1. Company details17.20.2. Financial outlook17.20.3. Product summary17.20.4. Recent development17.21. Messer Medical Austria GmbH17.21.1. Company details17.21.2. Financial outlook17.21.3. Product summary17.21.4. Recent development17.22. Philips Healthcare17.22.1. Company details17.22.2. Financial outlook17.22.3. Product summary17.22.4. Recent development
17.23. Philips Respironics, Inc.
17.23.1. Company details17.23.2. Financial outlook17.23.3. Product summary17.23.4. Recent development17.24. ResMedDrägerwerk AG & Co. KGaALinde17.24.1. Company details17.24.2. Financial outlook17.24.3. Product summary17.24.4. Recent development17.25. Respan Products Inc.17.25.1. Company details17.25.2. Financial outlook17.25.3. Product summary17.25.4. Recent development17.26. Smiths Medical17.26.1. Company details17.26.2. Financial outlook17.26.3. Product summary17.26.4. Recent development17.27. Taiyo Nippon Sanso Corporation17.27.1. Company details17.27.2. Financial outlook17.27.3. Product summary17.27.4. Recent development17.28. Tecno-Gaz Industries17.28.1. Company details17.28.2. Financial outlook17.28.3. Product summary17.28.4. Recent development17.29. Teleflex Incorporated17.29.1. Company details17.29.2. Financial outlook17.29.3. Product summary17.29.4. Recent development17.30. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Oxygen Therapy Market is projected to reach USD 66.26 billion by 2032, growing at a CAGR of 6.03% during the forecast period.
Oxygen Therapy Market grew in market size from 2022. The Market is expected to reach USD 66.26 billion by 2032, at a CAGR of 6.03% during the forecast period.
Oxygen Therapy Market CAGR of 6.03% during the forecast period.
You can get the sample pages by clicking the link -Click Here
Oxygen Therapy Market size is USD 66.26 billion from 2022 to 2032.
Oxygen Therapy Market Segment is Covered By Product, By Portability, By Application, By End Use
The North America region is anticipated to have the highest market share in Oxygen Therapy Market.
The key players in the market include Companies Covered CAllied Healthcare Products, Inc., Andreas Fahl Medizintechnik-Vertriebs GmbH, Becton, Dickinson and Company, CAIRE, Chart Industries, Inc., DeVilbiss Healthcare Drägerwerk AG & Co. KGaA, Essex Industries, Inc., Fisher & Paykel Healthcare Corporation Limited, GCE Holding AB, GE Healthcare, Heinen + Löwenstein GmbH & Co. KG, HERSILL S.L., HUM - Gesellschaft für Homecare und Medizintechnik mbH, Inogen, Inc., Invacare Corporation, IUC Medical, Linde Healthcare, Medicap homecare GmbH, Medicop D.O.O., Messer Medical Austria GmbH, Philips Healthcare, Philips Respironics, Inc., ResMedDrägerwerk AG & Co. KGaALinde, Respan Products Inc., Smiths Medical, Taiyo Nippon Sanso Corporation, Tecno-Gaz IndustriesTeleflex Incorporated, Weinmann Emergency Medical Technology GmbH + Co. KG.
Oxygen therapy is a medical intervention that provides a higher concentration of oxygen to those who have trouble breathing or have diseases that cause low oxygen levels in their blood.
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