Oxygen Therapy Market Growth, Industry Share, Size, Report 2023-2028
The latest report by IMARC Group, titled “Oxygen Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the oxygen therapy market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global oxygen therapy market size reached US$ 17.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028. Oxygen therapy is a medical treatment that involves the use of supplemental oxygen to treat a variety of conditions that affect the body’s ability to receive and use oxygen. The process includes an oxygen source, delivery system, and monitoring equipment. Oxygen is administered in liquid or gaseous form, which is transferred through a cannula, face mask, or hyperbaric oxygen chamber. It is a safe and effective treatment that can improve quality of life and prevent complications associated with low oxygen levels. Additionally, it provides numerous benefits, including enhanced respiratory function, reduced shortness of breath, and improved exercise capacity. As a result, it is used to treat various disorders, including chronic obstructive pulmonary disease (COPD), asthma, pneumonia, sleep apnea, and respiratory distress syndrome.
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Global Oxygen Therapy Market Growth:
The increasing prevalence of various respiratory disorders among the masses is driving the global market. Along with this, the rising consumption of nicotine and tobacco products, and the growing geriatric population, which is more susceptible to respiratory ailments, are catalyzing the growth of the market. Moreover, several major companies are heavily investing in developing oxygen concentrators and portable oxygen tanks that are lighter, more compact, quieter, and more comfortable for patients is providing a boost to the demand. Other factors, such as rising demand for home healthcare and portable oxygen therapy devices, growing awareness about the benefits of oxygen therapy, and extensive research and development (R&D) activities, are also influencing the market.
Major Key Players Covered in this Oxygen Therapy Market Report:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Allied Healthcare Products Inc.
- Becton Dickinson and Company
- DeVilbiss Healthcare LLC (Drive Medical Inc.)
- Fisher & Paykel Healthcare Limited
- General Electric Company
- Getinge AB
- Hersill SL
- Invacare Corporation
- Koninklijke Philips N.V
- Smiths Group plc
- Tecno-Gaz S.p.A.
- Teleflex Incorporated
Key Market Segmentation:
Breakup by Product:
- Oxygen Source Equipment
- Oxygen Cylinders
- Oxygen Concentrators
- Liquid Oxygen Devices
- PAP Devices
- Oxygen Delivery Devices
- Oxygen Masks
- Nasal Cannula
- Venturi Masks
- Non-rebreather Masks
- Bag Valve Masks
- CPAP Masks
- Others
Breakup by Application:
- Chronic Obstructive Pulmonary Disease
- Asthma
- Obstructive Sleep Apnea
- Respiratory Distress Syndrome
- Cystic Fibrosis
- Pneumonia
- Others
Breakup by End Use:
- Home Healthcare
- Hospitals
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product, Application, End Use, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Allied Healthcare Products Inc., Becton Dickinson and Company, DeVilbiss Healthcare LLC (Drive Medical Inc.), Fisher & Paykel Healthcare Limited, General Electric Company, Getinge AB, Hersill SL, Invacare Corporation, Koninklijke Philips N.V, Smiths Group plc, Tecno-Gaz S.p.A., and Teleflex Incorporated |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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