Oxygen Therapy Market Size, Trends, Analysis, and Outlook By Product (Oxygen Source Equipment, Oxygen Delivery Devices), By Application (Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis

Oxygen Therapy Market Size, Trends, Analysis, and Outlook By Product (Oxygen Source Equipment, Oxygen Delivery Devices), By Application (Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis, Pneumonia, Others), By End-user (Home Healthcare, Non-Home Healthcare), by Region, Country, Segment, and Companies, 2024-2030

The global Oxygen Therapy market size is poised to register 7.86% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Oxygen Therapy market across By Product (Oxygen Source Equipment, Oxygen Delivery Devices), By Application (Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis, Pneumonia, Others), By End-user (Home Healthcare, Non-Home Healthcare).

The Oxygen Therapy Market is experiencing growth driven by the rising incidence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, and respiratory failure, and the demand for oxygen therapy interventions to improve oxygenation and alleviate symptoms of hypoxemia and respiratory distress in patients of all ages. Oxygen therapy involves the administration of supplemental oxygen via various delivery systems such as oxygen cylinders, liquid oxygen tanks, oxygen concentrators, and oxygen masks to patients with impaired gas exchange or inadequate oxygenation due to respiratory or cardiovascular conditions. Key trends shaping its future include the development of portable and user-friendly oxygen therapy devices and accessories for home-based and ambulatory oxygen therapy, the customization of oxygen delivery systems with adjustable flow rates, oxygen purity settings, and oxygen conservation features for personalized therapy and patient comfort, and the integration of oxygen therapy equipment with digital health technologies and connectivity solutions for remote monitoring and telehealth-enabled oxygen therapy management. Moreover, factors such as the aging population and the increasing prevalence of age-related respiratory diseases and comorbidities, the expansion of oxygen therapy services in hospitals, clinics, and home healthcare settings, and the regulatory initiatives to improve oxygen therapy standards and patient outcomes are expected to drive market growth in 2024 and beyond.

Oxygen Therapy Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Oxygen Therapy market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Oxygen Therapy survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Oxygen Therapy industry.

Key market trends defining the global Oxygen Therapy demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Oxygen Therapy Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Oxygen Therapy industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Oxygen Therapy companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Oxygen Therapy industry

Leading Oxygen Therapy companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Oxygen Therapy companies.

Oxygen Therapy Market Study- Strategic Analysis Review

The Oxygen Therapy market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Oxygen Therapy Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Oxygen Therapy industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Oxygen Therapy Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Oxygen Therapy Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Oxygen Therapy market segments. Similarly, Strong end-user demand is encouraging Canadian Oxygen Therapy companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Oxygen Therapy market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Oxygen Therapy Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Oxygen Therapy industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Oxygen Therapy market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Oxygen Therapy Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Oxygen Therapy in Asia Pacific. In particular, China, India, and South East Asian Oxygen Therapy markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Oxygen Therapy Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Oxygen Therapy Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Oxygen Therapy market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Oxygen Therapy.

Oxygen Therapy Market Company Profiles

The global Oxygen Therapy market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Allied Healthcare Products Inc, CAIRE, Chart Industries, DeVilbiss Healthcare, Fisher & Paykel Healthcare Ltd, GE Healthcare, HERSILL S.L., Inogen, Invacare Corp, IUC Medical, Philips Respironics Inc, ResMedDrägerwerk AG & Co. KGaALinde, Tecno-Gaz Industries, Teleflex Inc

Recent Oxygen Therapy Market Developments

The global Oxygen Therapy market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Oxygen Therapy Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Product

Oxygen Source Equipment

-Oxygen Cylinders

-Fixed

-Portable

-Oxygen Concentrators

-Fixed

-Portable

-Liquid Oxygen Devices

-PAP Devices

-CPAP

-APAP

-Bi-PAP

Oxygen Delivery Devices

-Oxygen Masks

-Nasal Cannula

-Venturi Masks

-Non-rebreather Masks

-Bag Valve Masks

-CPAP Masks

-Others

By Application

Chronic Obstructive Pulmonary Disease

Asthma

Obstructive Sleep Apnea

Respiratory Distress Syndrome

Cystic Fibrosis

Pneumonia

Others

By End-user

Home Healthcare

Non-Home Healthcare

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Allied Healthcare Products Inc

CAIRE

Chart Industries

DeVilbiss Healthcare

Fisher & Paykel Healthcare Ltd

GE Healthcare

HERSILL S.L.

Inogen

Invacare Corp

IUC Medical

Philips Respironics Inc

ResMedDrägerwerk AG & Co. KGaALinde

Tecno-Gaz Industries

Teleflex Inc

Formats Available: Excel, PDF, and PPT