Medical Oxygen System Market, by Product Types (Compressed Oxygen Cylinder, Oxygen Concentrator, and Liquid Oxygen System), by Modality (Portable Oxygen System and Stationary/Standalone Oxygen System), by End User (Hospitals, Emergency Medical Centers, Ambulatory Surgical Center, Homecare Settings, and Others), and by region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028
Medical oxygen is required in various surgical recovery processes such as prevention of oxygen deficiency in body during surgery, major traumatic medical conditions such as accidents, heart attack, blood loss, hyperpyrexia, severe lung conditions as well as for treatment of cluster headache, and for resuscitation. Furthermore, medical oxygen is administered to the patients while giving anesthesia. Medical oxygen is only prescribed by healthcare professionals.
Medical oxygen is delivered to the patients by using various oxygen delivery systems such as compressed cylinders, concentrators, and centralized oxygen cylinders, mainly for hospital use. Advancements in technology in oxygen systems is expected to create an opportunity for manufacturers to produce Hi-tech products with multiple functionality. For instance, Inogen, Invacare Corporation offers the portable oxygen concentrator with connectivity to operate medical oxygen system wireless.
Market Dynamics
Increasing product launches for medical oxygen systems is expected to drive growth of the global medical oxygen systems market. For instance, In January 2018, ResMed Inc. launched Mobi, its first ResMed-branded portable oxygen concentrator (POC). Mobi offers efficient oxygen delivery and battery life and is used in Chronic Obstructive Pulmonary Disease (COPD) and other respiratory conditions. Moreover, in 2021 GCE Healthcare launched its Zen-O lite portable oxygen concentrator. This new portable oxygen concentrator is designed to help people with respiratory disorders such as COPD.
Moreover, increasing prevalence of pulmonary disorders, which may result in high demand for medical oxygen systems is expected to be the major driver for growth of the global medical oxygen systems market. For instance, according to the World Health Organization’s estimation report, in December 2021 around 251 million cases of COPD were diagnosed worldwide in 2016.
Key features of the study:
This report provides in-depth analysis of the global medical oxygen systems market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global medical oxygen systems market based on the following parameters – company overview, financial performance, Technology portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include Koninklijke Philips N.V, Inogen, Inc., BOC Healthcare, Precision Medical, Inc., Luxfer Group, Cryofab, Inc., Responsive Respiratory, Inc., Atlas Copco, GCE group, and High Vacuum Maintenance (HVM) S.R.L.
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future technology launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global medical oxygen systems market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers for global medical oxygen systems market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Medical Oxygen Systems Market, By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
Global Medical Oxygen Systems Market, By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
Global Medical Oxygen Systems Market, By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Global Medical Oxygen Systems Market, By Region:
North America
By Country:
U.S.
Canada
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Others
Africa
By Country/Region:
South Africa
Central Africa
North Africa
By Product Type:
Compressed Oxygen Cylinder
Oxygen Concentrator
Liquid Oxygen System
By Modality:
Portable Oxygen System
Stationary/Standalone Oxygen System
By End User:
Hospitals
Emergency Medical Centers
Ambulatory Surgical Center
Home Care Settings
Otherss
Company Profiles
Koninklijke Philips N.V.
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Inogen, Inc.
Invacare Corporation.
BOC Healthcare
Precision Medical, Inc.
Luxfer Group.
Cryofab, Inc.
Responsive Respiratory, Inc.
Atlas Copco
GCE group.
High Vacuum Maintenance (HVM) S.R.L.
“*” marked represents similar segmentation in other categories in the respective section.
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