Global Oxygen Therapy Equipment Market Trends, Size, By Product Type (Bag-Valve Mask and Oxygen Source Equipment), By Portability (Portable and Stationary), By Application (Asthma, Pneumonia, Chronic Obstructive Pulmonary Disease (COPD), Respiratory Distress Syndrome, Cystic Fibrosis, and Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Oxygen Therapy Equipment Market
The Global Oxygen Therapy Equipment Market was valued at US$ 35.58 Bn in 2022, estimated to reach US$ 60.08 Bn by 2030, with a CAGR of 6.68% from 2023-2030.
For those whose bodies don't obtain enough oxygen, oxygen therapy is a treatment option. Because tissue oxygenation is essential for appropriate physiological function and oxygen is needed for a variety of cell metabolisms. Oxygen therapy is a medical intervention that uses oxygen gas to provide both acute and chronic patient care. Equipment for oxygen treatment is used to treat a variety of respiratory illnesses since it offers supporting relief and complementary elements. It is now an essential component in properly managing several illnesses, including chronic obstructive pulmonary disease, asthma, and other forms of respiratory pain. Improved breathing, more energy, and heart failure prevention are among the advantages of oxygen treatment.
Market Drivers
The rise in tobacco use and the prevalence of respiratory disorders, the preference for standalone oxygen therapy equipment over portable equipment, and ongoing technological advancements in the field of oxygen therapy all contribute to the growth of the oxygen therapy equipment market. However, the market expansion is hampered by strict regulatory restrictions that could delay the product approval of oxygen therapy goods. Opportunities for market expansion are anticipated to arise from an increase in the patient pool suffering from respiratory disorders.
Market Restraints
The obstacles that will limit market expansion are the high price of oxygen concentrators and their adverse effects, which include skin irritation and nasal dryness when used therapeutically. The market for oxygen therapy equipment will have difficulties as a result of the tight regulatory requirements that cause delays in product approval. Additionally, the availability of inexpensive substitutes made locally and Medicare reimbursement rate reductions for home oxygen therapy will act as market restraints and slow the market's development pace.
Market Segmentation
The scope of the Global Oxygen Therapy Equipment Market covers segmentation based on Product, Type, End User, and Region.
Based on Product Type, the market is divided into Bag-Valve Mask and Oxygen Source Equipment.
Based on Portability, the market is classified into Portable and Stationary.
Based on Application, the market is bifurcated into Asthma, Pneumonia, Chronic Obstructive Pulmonary Disease (COPD), Respiratory Distress Syndrome, Cystic Fibrosis, and Others.
Regional Analysis
The Global Oxygen Therapy Equipment Market is segmented into 5 main regions, namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America estimated to hold the major market share during the forecast period, due to respiratory disorders are becoming more common and there being greater healthcare infrastructure. Additionally, the country's per capita health spending has increased and is anticipated to do so over the projected period as a result of the decline in the unemployment rate. Smoking is the main risk factor for the majority of respiratory illnesses. According to estimates from the Centres for Disease Control and Prevention (CDC), more than 15 out of every 100 US persons who were 18 years of age or older smoked cigarettes in 2016. Due to a rising smoking prevalence and an aging population, COPD cases are predicted to rise in the United States.
Key Players
Linde plc, Invacare Corporation, Chart Industries, Koninklijke Philips N.V., BD, Smiths Medical, Teleflex Incorporated, Fisher & Paykel Healthcare Limited, Drägerwerk AG & Co. KGaA, Inogen, Inc.
Market Taxonomy
By Product Type
• Bag-Valve Mask
• Oxygen Source Equipment
By Portability
• Portable
• Stationary
By Application
• Asthma
• Pneumonia
• Chronic Obstructive Pulmonary Disease (COPD)
• Respiratory Distress Syndrome
• Cystic Fibrosis
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bonsai Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Oxygen Therapy Equipment Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Oxygen Therapy Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Oxygen Therapy Equipment Market , By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Oxygen Therapy Equipment Market Share Analysis, By Product Type
5.3 Global Oxygen Therapy Equipment Market Size and Forecast, By Product Type
5.3.1 Bag-Valve Mask
5.3.2 Oxygen Source Equipment
6 Global Oxygen Therapy Equipment Market , By Portability
6.1 Y-o-Y Growth Comparison, By Portability
6.2 Global Oxygen Therapy Equipment Market Share Analysis, By Portability
6.3 Global Oxygen Therapy Equipment Market Size and Forecast, By Portability
6.3.1 Portable
6.3.2 Stationary
Surgical Instruments Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Oxygen Therapy Equipment Market Share Analysis, By Application
7.3 Global Oxygen Therapy Equipment Market Size and Forecast, By Application
7.3.1 Asthma
7.3.2 Pneumonia
7.3.3 Chronic Obstructive Pulmonary Disease (COPD)
7.3.4 Respiratory Distress Syndrome
7.3.5 Cystic Fibrosis
7.3.6 Others
8 Global Oxygen Therapy Equipment Market , By Region
8.1 Global Oxygen Therapy Equipment Market Share Analysis, By Region
8.2 Global Oxygen Therapy Equipment Market Size and Forecast, By Region
8.3 Global Oxygen Therapy Equipment Market Trends and Forecast, By Region
9 North America Oxygen Therapy Equipment Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Oxygen Therapy Equipment Market Share Analysis, By Product Type
9.3 North America Oxygen Therapy Equipment Market Size and Forecast, By Portability
9.4 North America Oxygen Therapy Equipment Market Size and Forecast, By Application
9.5 North America Oxygen Therapy Equipment Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Product Type
9.5.1.2 Market Size and Forecast, By Portability
9.5.1.3 Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Product Type
9.5.2.2 Market Size and Forecast, By Portability
9.5.2.3 Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Product Type
9.5.3.2 Market Size and Forecast, By Portability
9.5.3.3 Market Size and Forecast, By Application
10 Europe Oxygen Therapy Equipment Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Oxygen Therapy Equipment Market Share Analysis, By Product Type
10.3 Europe Oxygen Therapy Equipment Market Size and Forecast, By Portability
10.4 Europe Oxygen Therapy Equipment Market Size and Forecast, By Application
10.5 Europe Oxygen Therapy Equipment Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Product Type
10.5.1.2 Market Size and Forecast, By Portability
10.5.1.3 Market Size and Forecast, By Application
10.5.2 France
10.5.2.1 Market Size and Forecast, By Product Type
10.5.2.2 Market Size and Forecast, By Portability
10.5.2.3 Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Product Type
10.5.3.2 Market Size and Forecast, By Portability
10.5.3.3 Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1 Market Size and Forecast, By Product Type
10.5.4.2 Market Size and Forecast, By Portability
10.5.4.3 Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1 Market Size and Forecast, By Product Type
10.5.5.2 Market Size and Forecast, By Portability
10.5.5.3 Market Size and Forecast, By Application
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Product Type
10.5.6.2 Market Size and Forecast, By Portability
10.5.6.3 Market Size and Forecast, By Application
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Product Type
10.5.7.2 Market Size and Forecast, By Portability
10.5.7.3 Market Size and Forecast, By Application
11 Asia Pacific Oxygen Therapy Equipment Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Oxygen Therapy Equipment Market Share Analysis, By Product Type
11.3 Asia Pacific Oxygen Therapy Equipment Market Size and Forecast, By Portability
11.4 Asia Pacific Oxygen Therapy Equipment Market Size and Forecast, By Application
11.5 Asia Pacific Oxygen Therapy Equipment Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Product Type
11.5.1.2 Market Size and Forecast, By Portability
11.5.1.3 Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Product Type
11.5.2.2 Market Size and Forecast, By Portability
11.5.2.3 Market Size and Forecast, By Application
11.5.3 India
11.5.3.1 Market Size and Forecast, By Product Type
11.5.3.2 Market Size and Forecast, By Portability
11.5.3.3 Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1 Market Size and Forecast, By Product Type
11.5.4.2 Market Size and Forecast, By Portability
11.5.4.3 Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1 Market Size and Forecast, By Product Type
11.5.5.2 Market Size and Forecast, By Portability
11.5.5.3 Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1 Market Size and Forecast, By Product Type
11.5.6.2 Market Size and Forecast, By Portability
11.5.6.3 Market Size and Forecast, By Application
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Product Type
11.5.7.2 Market Size and Forecast, By Portability
11.5.7.3 Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1 Market Size and Forecast, By Product Type
11.5.8.2 Market Size and Forecast, By Portability
11.5.8.3 Market Size and Forecast, By Application
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Product Type
11.5.9.2 Market Size and Forecast, By Portability
11.5.9.3 Market Size and Forecast, By Application
12 Latin America Oxygen Therapy Equipment Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Oxygen Therapy Equipment Market Share Analysis, By Product Type
12.3 Latin America Oxygen Therapy Equipment Market Size and Forecast, By Portability
12.4 Latin America Oxygen Therapy Equipment Market Size and Forecast, By Application
12.5 Latin America Oxygen Therapy Equipment Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Product Type
12.5.1.2 Market Size and Forecast, By Portability
12.5.1.3 Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Product Type
12.5.2.2 Market Size and Forecast, By Portability
12.5.2.3 Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1 Market Size and Forecast, By Product Type
12.5.3.2 Market Size and Forecast, By Portability
12.5.3.3 Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1 Market Size and Forecast, By Product Type
12.5.4.2 Market Size and Forecast, By Portability
12.5.4.3 Market Size and Forecast, By Application
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Product Type
12.5.5.2 Market Size and Forecast, By Portability
12.5.5.3 Market Size and Forecast, By Application
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Product Type
12.5.6.2 Market Size and Forecast, By Portability
12.5.6.3 Market Size and Forecast, By Application
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Product Type
12.5.7.2 Market Size and Forecast, By Portability
12.5.7.3 Market Size and Forecast, By Application
13 Middle East Oxygen Therapy Equipment Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Oxygen Therapy Equipment Market Share Analysis, By Product Type
13.3 Middle East Oxygen Therapy Equipment Market Size and Forecast, By Portability
13.4 Middle East Oxygen Therapy Equipment Market Size and Forecast, By Application
13.5 Middle East Oxygen Therapy Equipment Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Product Type
13.5.1.2 Market Size and Forecast, By Portability
13.5.1.3 Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Product Type
13.5.2.2 Market Size and Forecast, By Portability
13.5.2.3 Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Product Type
13.5.3.2 Market Size and Forecast, By Portability
13.5.3.3 Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Application
13.5.4.2 Market Size and Forecast, By Portability
13.5.4.3 Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Product Type
13.5.5.2 Market Size and Forecast, By Portability
13.5.5.3 Market Size and Forecast, By Application
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product Type
13.5.6.2 Market Size and Forecast, By Portability
13.5.6.3 Market Size and Forecast, By Product Type-
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Linde plc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Invacare Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Chart Industries
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Koninklijke Philips N.V.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 BD
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Smiths Medical
1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Teleflex Incorporated
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Fisher & Paykel Healthcare Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Drägerwerk AG & Co. KGaA
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Inogen, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
