Global Oxygen Regulator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Oxygen Regulator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The oxygen regulator is a precision device designed to adjust or reduce the oxygen pressure in the cylinder to a level that can be used safely by the user. Oxygen regulators are often used in hospitals, clinics, homes and emergency medical care and other emergency oxygen and hypoxic patients, and can also be used for industrial purposes.

Market Overview:

The latest research study on the global Oxygen Regulator market finds that the global Oxygen Regulator market reached a value of USD 261.27 million in 2022. It’s expected that the market will achieve USD 375.04 million by 2028, exhibiting a CAGR of 6.21% during the forecast period.

Oxygen Regulator Growth Drivers

For the Oxygen Regulator industry, the increasing prevalence of respiratory diseases has promoted the continuous development of the industry. For example, according to data from the World Health Organization, chronic obstructive pulmonary disease (COPD) is the third leading cause of death in the world, causing 3.23 million deaths in 2019. COPD is a common, preventable and treatable chronic lung disease that affects men and women all over the world. For COPD patients, oxygen therapy has become a necessary treatment option. At the same time, according to data from the World Health Organization, asthma affected 262 million people and caused 461,000 deaths in 2019. In addition, the prevalence of asthma seems to be increasing. In the hospital, oxygen therapy is given to patients to treat chronic health problems to improve their energy levels, rest and quality of life. Oxygen is commonly used in medical clinics to treat various serious and chronic diseases. Therefore, the increase in the number of patients with respiratory diseases promotes the growth of the market for oxygen cylinders and oxygen cylinder regulators.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are Air Liquide, GCE Group, Essex Industries with the revenue market share of 12.36%, 9.52% and 8.15% in 2020.

As a world leader in gas, technology and services in the industrial and health sectors, Air Liquide operates in 78 countries and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are small molecules essential for life, matter and energy. They embody the scientific field of Air Liquide and have been at the core of the company's activities since its establishment in 1902.

GCE Group is a leading company in the field of gas control in Europe today, participating in the development and manufacturing of various high-pressure gas pressure and flow control equipment. GCE's main business was initially concentrated in the oxyacetylene cutting and welding market. However, with nearly 100 years of experience in high-pressure gas processing, the product range has now been expanded to include high-purity and medical gas equipment. Today's product portfolio is suitable for a wide variety of applications, from simple pressure regulators and blowpipes for welding and cutting to complex gas supply systems for applications in the medical and electronics industries.

Segmentation Overview:

Among different product types, Piston Type segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Hospital segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Oxygen Regulator market covered in Chapter 3:

Western (Scott Fetzer)
Amico
B.N.O.S. Meditech
Emerson
Yuyao Jiahua Medical Appliance
Linde
Harris
MATHESON
Air Liquide
Allied Healthcare
Greggersen
Essex Industries
Yuwell
Precision Medical
Ohio Medical
Mada Medical
WEINMANN Emergency Medical Technology
MS Group
GCE Group
Genstar Technologies
Rotarex
O-Two Medical Technologies

In Chapter 4 and Chapter 14.2, on the basis of types, the Oxygen Regulator market from 2018 to 2029 is primarily split into:

Piston Type
Diaphragm Type
Click Style

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oxygen Regulator market from 2018 to 2029 covers:

Hospital
Home Care
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)