Global Medical Oxygen Systems Market Growth 2023-2029

Global Medical Oxygen Systems Market Growth 2023-2029

Medical oxygen is used widely in modern hospital, clinic, household and remote filed to provide a basis for virtually all modern anaesthetic techniques, COPD, cyanosis, shock, severe hemorrhage, carbon monoxide poisoning, major trauma, cardiac/respiratory arrest etc.

For overall more economical, more convenient used by patients, safer storage and transport reasons, the process producing medical oxygen is tending to shift from traditional Cryogenic Distillation process to Pressure Swing Absorption (PSA will be introduced as bellows) process, which is a reliable technique for small to mid-scale oxygen generation. This technology boosts ambient air through a zeolites adsorptive material provides 93±3% concentration oxygen via cylinders or air-distribution pipelines.

PSA medical Oxygen system is typically consisted of: compressor, air purify components, PSA oxygen generator, cylinders, and PLC control system, (sometimes involve with infrastructure). This report will mainly focus on studying the PSA Medical Oxygen Systems products.

LPI (LP Information)' newest research report, the “Medical Oxygen Systems Industry Forecast” looks at past sales and reviews total world Medical Oxygen Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Oxygen Systems sales for 2023 through 2029. With Medical Oxygen Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Oxygen Systems industry.

This Insight Report provides a comprehensive analysis of the global Medical Oxygen Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Oxygen Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Oxygen Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Oxygen Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Oxygen Systems.

The global Medical Oxygen Systems market size is projected to grow from US$ 448.1 million in 2022 to US$ 826 million in 2029; it is expected to grow at a CAGR of 826 from 2023 to 2029.

Top 4 global players are OXYPLUS Technologies (NOVAIR) (25%), Chart Industries (13%), Zhuhai Hokai Medical Instruments (13%), and Yantai Beacon Medical Technology (10%) occupy over 62% of global market income share.

From sales share perspective, North America is slightly leading the global market of 30% over China who owns 27% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Oxygen Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

On-Site Medical Oxygen Systems

Remote Medical Oxygen Systems

Other (Combination of Both Solutions)

Segmentation by application

Small/Rural Hospitals

Community Hospitals

Large Hospitals

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Chart Industries

OXYPLUS Technologies(NOVAIR)

Oxygen Generating Systems Intl.(OGSI)

Oxymat A/S

On Site Gas Systems

Oxair

PCI Gases

Zhuhai Hokai Medical Instruments

Yantai Beacon Medical Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Oxygen Systems market?

What factors are driving Medical Oxygen Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Oxygen Systems market opportunities vary by end market size?

How does Medical Oxygen Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.