Medical Oxygen Systems Market
Medical Oxygen Systems Market Analysis By Product (Compressed Medical Oxygen Cylinders, Medical Oxygen Concentrators, Medical Liquid Oxygen Systems), By Modality (Portable, Stationary), By End User, By Region - Global Insights 2031
Analysis of Medical Oxygen Systems market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Market Outlook for Medical Oxygen Systems
Fact.MR’s medical oxygen systems industry analysis reveals that the global market was valued at US$ 3 Bn in 2020, and is projected to top US$ 5 Bn by 2031, surging at a CAGR of 7%.
Demand for compressed medical oxygen cylinders is projected to reach a valuation of US$ 2 Bn by 2031, increasing at a CAGR of 6% across the assessment period, with that for medical oxygen concentrators expanding at 7%.
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Key Market Insights Covered in Medical Oxygen Systems Industry Survey:
- Market Estimates and Forecasts (2016 to 2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise and Region-wise Analysis
- Competition Mapping and Benchmarking
- Market Share Analysis
- COVID-19 Impact on Demand for Medical Oxygen Systems and How to Leverage
- Recommendation on Key Winning Strategies
Sales Analysis of Medical Oxygen Systems from 2016 to 2020 Vs Demand Outlook for 2021 to 2031
As per Fact.MR - a market research and competitive intelligence provider, the global market for medical oxygen systems was valued at US$ 1.4 Bn in 2018, and is anticipated to expand at a CAGR of 7% to top US$ 5 Bn by 2031.
Growing healthcare expenditure, better medical facilities, and rapid technological advancements have helped increase the demand for medical oxygen systems worldwide. Elderly people have a less pulmonary reserve and reduced cough strength due to anatomic changes and muscle loss.
Hence, they are at a high risk of developing lung disorders and various breathing problems. This has further led to increased demand for medical oxygen systems over the last few years.
Demand for medical oxygen systems has been directly impacted by the COVID-19 outbreak, which is a resultant of a significant shortage of medical ventilators globally. To overcome this shortage, biomedical engineers and scientists have developed makeshift devices to mimic the basic functionality of ventilators using existing devices such as oxygen concentrators, anaesthesia machines, and manual resuscitators.
Furthermore, the U.S. FDA has allowed the usage of these oxygen concentrators under the Emergency Use Authorization scheme, which will significantly increase demand for medical oxygen systems over the coming quarters.
As most of the critical cases of Covid-19 require some form of artificial ventilation, demand for wall-mounted oxygen concentrators, and piped/canned oxygen is witnessing a significant rise. The same is evident in the recent movements undertaken by market participants.
For instance, Linde, one of the largest medical gas companies, is rapidly increasing its oxygen production. The company is also working closely with providers across the globe to anticipate rising demand and ramp up deliveries.
On account of these factors, demand for medical oxygen systems is expected to surge further over the assessment period.
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What are the Lucrative Opportunities on Offer for Medical Oxygen System Manufactures?
Medical oxygen systems such as oxygen concentrators and compressed oxygen cylinder are majorly used in homecare settings, and are mostly preferred by elderly patients who have difficulty in mobility, and depend on a reliable oxygen supply.
Some common chronic medical conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis, emphysema, a common long-term effect of smoking requires oxygen therapy or supplemental oxygen in order to get the enough oxygen. Various types of oxygen systems are used to delivered the controlled amount of oxygen to the patients.
Also, due to the current pandemic, there has been a rapid surge in the requirement of medical oxygen systems worldwide. This escalation in demand is expected to continue over the coming years, as such creating revenue opportunities for manufacturers.
What are the Restraints being Encountered by Medical Oxygen System Providers?
High cost of the medical oxygen systems and subsequent maintenance cost are acting as refraining factors for market growth. Also, these systems require constant professional assistance when used at home, making their usage less feasible.
Many of these oxygen systems are battery-operated and require constant battery changes, further rising the operational cost of these systems.
Due to these factors, there is still hesitance among consumers for using these medical oxygen systems.
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Which Region Offers the Largest Opportunity for Medical Oxygen System Providers?
North America accounted for the largest revenue share of 33%. Growing geriatric population in the region is one of the significant factors contributing to market growth.
This demographic is prone to various respiratory disorders due to weaker immune system and low oxygen intake capacity. Furthermore, government initiatives such as the authorized use of portable oxygen concentrators during air travel by the Federal Aviation Administration (FAA) and increasing prevalence of severe chronic obstructive pulmonary disorder due to unhealthy lifestyles are contributing to the regional market growth.
Asia Pacific is anticipated to be the most lucrative market during the forecast period. Key factors fuelling regional market growth include rapidly increasing geriatric population and prevalence of lung disorders. Living and health standards have increased significantly in the more developed economies of the region.
Increase in life expectancy, healthcare expenditure, and awareness regarding available technologies are some of the factors expected to contribute to regional market growth over the assessment period.
Country-wise Analysis
What is the Demand Outlook for Medical Oxygen Systems in the U.S.?
Demand value for medical oxygen systems in the U.S was estimated at US$ 711 Mn in 2020.
Increasing number of initiatives to promote awareness of lung diseases as well as the importance of oxygen generators are contributing to the growth of the market. For instance, the American Lung Association works to create awareness of COPD and increase federal funding for research & development.
The National Institute of Health sponsors a nationwide awareness campaign "Learn More, Breathe Better", which encourages the population over the age of 45 years who are at risk of experiencing symptoms of COPD to have a diagnostic breathing test, and consult medical professionals for treatment options.
Also, the sudden outbreak of COVID-19 has increased the demand for respiratory care products. Low blood oxygen level is one of the effects of COVID-19, and patients require oxygen support for recovery.
Additionally, the U.S. Food and Drug Administration has allowed the usage of oxygen generators under the Emergency Use Authorization scheme. This, in turn, is estimated to drive the market for medical oxygen systems in the country.
What are the Market Insights for Medical Oxygen Systems in India?
The market is witnessing robust growth due to sudden surge in COVID-19 cases in the country. Increase in demand for medical oxygen and different oxygen therapy equipment for the treatment of COVID-19 patients is expected to further upsurge demand for medical oxygen systems.
Additionally, growing prevalence of various respiratory disorders such as COPD, asthma, and lung cancer, among others, is further expected to surge growth of the market over the coming years.
Additionally, advancements in these systems such as long battery life, miniaturization, and integration of membrane technology is further expected to drive the growth of market in the country.
Category-wise Analysis
Why Has Demand for Compressed Oxygen Cylinders Surged Over the Past Years?
Compressed oxygen cylinders account for 40% value share in the market for medical oxygen systems. Usage feasibility and portability of compressed oxygen cylinders are major factors for their upsurged demand in the market.
Also, on account of the ongoing COVID-19 pandemic, rising number of cases worldwide has essentially accelerated demand for compressed oxygen cylinders for intensive care as well as home care, thus, causing a sudden upsurge in the demand for the same.
What Has Caused a Sudden Upsurge in Demand for Oxygen Concentrators?
An oxygen concentrator is a medical device used to supply oxygen to patients suffering from respiratory problems. They are capable of suppling around 95% pure oxygen to patients through oxygen masks. These devices are easy to carry and lightweight during travelling. Patients can easily do their regular activities, which makes them lead a free lifestyle.
User-friendly properties of oxygen concentrators have made them highly preferred by patients across the world.
Competitive Landscape
The medical oxygen systems market is highly fragmented due to the presence of a number of large, small, and local players. Companies are significantly increasing their manufacturing capacities and training efforts to meet the rising demand for these concentrators and cylinders.
ResMed, Invacare Corporation and CAIRE, Inc. are some of the leading companies in the market that are poised to witness significant growth in the next quarters owing to their large portfolio of respiratory devices.
- In January 2016, GCE Healthcare launched Zen-O portable oxygen concentrator (POC). It is lightweight oxygen therapy device that weighs 4.66kg (10lbs) and easy to carry around.
- In October 2017, Invacare Corporation launched the Invacare Platinum Mobile Oxygen Concentrator with new connectivity. The Platinum Mobile Oxygen Concentrator was combined with the Piccolo O App to improve convenience during routine use.
- In April 2019, TherOx received the U.S. FDA approval for its supersaturated oxygen therapy. The new approach is intended for the treatment of damaged heart tissue with hyperbaric levels of oxygen during a single catheter-delivered infusion, consistently and safely reducing infarct size.
Medical Oxygen Systems Market Report Scope
Report Attribute | Detail |
---|---|
Forecast Period | 2021 to 2031 |
Historical Data Available for | 2016 to 2020 |
Market Analysis | US$ Mn for Value & ‘000 Units for Volume |
Key Regions Covered | North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Key Countries Covered | USA, Canada, Germany, France, the UK, Russia, Italy, China, Japan, South Korea, India, Australia, Middle East, Latin America |
Key Market Segments Covered | Product, Modality, End User, Region |
Key Companies Profiled | Koninklijke Philips N.V; Inogen; BOC Healthcare; Precision Medical; Luxfer Group; Cryofab; Responsive Respiratory; Atlas Copco; GCE group; High Vacuum Maintenance (HVM) S.R.L. |
Pricing | Available upon Request |
Key Segments Covered in Medical Oxygen Systems Industry Research
-
By Product
- Compressed Medical Oxygen Cylinders
- Medical Oxygen Concentrators
- Medical Liquid Oxygen Systems
-
By Modality
- Portable Medical Oxygen Systems
- Stationary Medical Oxygen Systems
-
By End User
- Medical Oxygen Systems for Hospitals
- Medical Oxygen Systems for Emergency Medical Centres
- Medical Oxygen Systems for Ambulatory Surgical Centres
- Medical Oxygen Systems for Home Care Centres
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 6. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By Modality
- 6.1. Portable Oxygen Systems
- 6.2. Stationary Oxygen Systems
- 7. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Product
- 7.1. Compressed Oxygen Cylinders
- 7.2. Oxygen Concentrators
- 7.3. Liquid Oxygen Systems
- 8. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by End User
- 8.1. Hospitals
- 8.2. Emergency Medical Centres
- 8.3. Ambulatory Surgical Centres
- 8.4. Home Care Centres
- 9. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 11. Latin America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 12. Europe Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 13. East Asia Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 14. South Asia & Oceania Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 15. Middle East and Africa Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Koninklijke Philips N.V.
- 17.2. Inogen
- 17.3. BOC Healthcare
- 17.4. Precision Medical
- 17.5. Luxfer Group
- 17.6. Cryofab, Responsive Respiratory
- 17.7. Atlas Copco
- 17.8. GCE Group
- 17.9. High Vacuum Maintenance (HVM) S.R.L.
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 2: Global Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 4: Global Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 5: Global Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 7: Global Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 8: Global Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2016 to 2020
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2021 to 2031
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2021 to 2031
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 16: North America Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 17: North America Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 19: North America Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 20: North America Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 22: North America Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 23: North America Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 28: Latin America Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 29: Latin America Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 34: Latin America Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 35: Latin America Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 40: Europe Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 41: Europe Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 43: Europe Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 44: Europe Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 46: Europe Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 47: Europe Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 52: East Asia Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 53: East Asia Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 58: East Asia Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 59: East Asia Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2016 to 2020
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2021 to 2031
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2021 to 2031
Table 76: MEA Market Value (US$ Mn) Analysis, by Modality, 2016 to 2020
Table 77: MEA Market Value (US$ Mn) Analysis, by Modality, 2021 to 2031
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Modality, 2021 to 2031
Table 79: MEA Market Value (US$ Mn) Analysis, by Product, 2016 to 2020
Table 80: MEA Market Value (US$ Mn) Analysis, by Product, 2021 to 2031
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product, 2021 to 2031
Table 82: MEA Market Value (US$ Mn) Analysis, by End User, 2016 to 2020
Table 83: MEA Market Value (US$ Mn) Analysis, by End User, 2021 to 2031
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2021 to 2031
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 4: Global Market Incremental $ Opportunity, 2021 to 2031
Figure 5: Global Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 6: Global Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 7: Global Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 8: Global Market Share and BPS Analysis by Product, 2021 & 2031
Figure 9: Global Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 10: Global Market Attractiveness Analysis by Product, 2021 to 2031
Figure 11: Global Market Share and BPS Analysis by End User, 2021 & 2031
Figure 12: Global Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 13: Global Market Attractiveness Analysis by End User, 2021 to 2031
Figure 14: Global Market Share and BPS Analysis by Region, 2021 & 2031
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2021 to 2031
Figure 16: Global Market Attractiveness Analysis by Region, 2021 to 2031
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 20: North America Market Incremental $ Opportunity, 2021 to 2031
Figure 21: North America Market Share Analysis by Country, 2021 & 2031
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 23: North America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 24: North America Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 25: North America Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 26: North America Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 27: North America Market Share and BPS Analysis by Product, 2021 & 2031
Figure 28: North America Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 29: North America Market Attractiveness Analysis by Product, 2021 to 2031
Figure 30: North America Market Share and BPS Analysis by End User, 2021 & 2031
Figure 31: North America Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 32: North America Market Attractiveness Analysis by End User, 2021 to 2031
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 36: Latin America Market Incremental $ Opportunity, 2021 to 2031
Figure 37: Latin America Market Share Analysis by Country, 2021 & 2031
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 39: Latin America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 40: Latin America Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 41: Latin America Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 42: Latin America Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 43: Latin America Market Share and BPS Analysis by Product, 2021 & 2031
Figure 44: Latin America Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 45: Latin America Market Attractiveness Analysis by Product, 2021 to 2031
Figure 46: Latin America Market Share and BPS Analysis by End User, 2021 & 2031
Figure 47: Latin America Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 48: Latin America Market Attractiveness Analysis by End User, 2021 to 2031
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 52: Europe Market Incremental $ Opportunity, 2021 to 2031
Figure 53: Europe Market Share Analysis by Country, 2021 & 2031
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 55: Europe Market Attractiveness Analysis by Country, 2021 to 2031
Figure 56: Europe Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 57: Europe Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 58: Europe Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 59: Europe Market Share and BPS Analysis by Product, 2021 & 2031
Figure 60: Europe Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 61: Europe Market Attractiveness Analysis by Product, 2021 to 2031
Figure 62: Europe Market Share and BPS Analysis by End User, 2021 & 2031
Figure 63: Europe Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 64: Europe Market Attractiveness Analysis by End User, 2021 to 2031
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 68: East Asia Market Incremental $ Opportunity, 2021 to 2031
Figure 69: East Asia Market Share Analysis by Country, 2021 & 2031
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 71: East Asia Market Attractiveness Analysis by Country, 2021 to 2031
Figure 72: East Asia Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 73: East Asia Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 74: East Asia Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 75: East Asia Market Share and BPS Analysis by Product, 2021 & 2031
Figure 76: East Asia Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 77: East Asia Market Attractiveness Analysis by Product, 2021 to 2031
Figure 78: East Asia Market Share and BPS Analysis by End User, 2021 & 2031
Figure 79: East Asia Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 80: East Asia Market Attractiveness Analysis by End User, 2021 to 2031
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2021 to 2031
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2021 & 2031
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2021 to 2031
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product, 2021 & 2031
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product, 2021 to 2031
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End User, 2021 & 2031
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End User, 2021 to 2031
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2016 to 2020
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2021 to 2031
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2016 to 2031
Figure 100: MEA Market Incremental $ Opportunity, 2021 to 2031
Figure 101: MEA Market Share Analysis by Country, 2021 & 2031
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2021 to 2031
Figure 103: MEA Market Attractiveness Analysis by Country, 2021 to 2031
Figure 104: MEA Market Share and BPS Analysis by Modality, 2021 & 2031
Figure 105: MEA Market Y-o-Y Growth Projections by Modality, 2021 to 2031
Figure 106: MEA Market Attractiveness Analysis by Modality, 2021 to 2031
Figure 107: MEA Market Share and BPS Analysis by Product, 2021 & 2031
Figure 108: MEA Market Y-o-Y Growth Projections by Product, 2021 to 2031
Figure 109: MEA Market Attractiveness Analysis by Product, 2021 to 2031
Figure 110: MEA Market Share and BPS Analysis by End User, 2021 & 2031
Figure 111: MEA Market Y-o-Y Growth Projections by End User, 2021 to 2031
Figure 112: MEA Market Attractiveness Analysis by End User, 2021 to 2031
Know thy Competitors
Competitive landscape highlights only certain players
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- FAQs -
What is the global market worth of medical oxygen systems?
The global medical oxygen systems market topped US$ 3 Bn in 2020 and is expected to reach a valuation of over US$ 5 Bn by 2031.
What are the key factors driving demand for medical oxygen systems?
Key factors driving demand for medical oxygen systems include increasing product launches for homecare settings and hospitals along with the ongoing COVID-19 pandemic.
Who are the top players providing medical oxygen systems?
Major players operating in the global market include Koninklijke Philips N.V, Inogen, BOC Healthcare, Precision Medical, Luxfer Group, Cryofab, Responsive Respiratory, Atlas Copco, and GCE Group.
Which region will largely contribute to revenue growth of medical oxygen system suppliers?
North America is one of the lucrative markets for medical oxygen systems, holding approximately 33% global market share.
Which is the the demand analysis for self-care medical devices in the U.S.?
Demand for medical oxygen systems in the U.S was estimated at US$ 711 Mn in 2020, and is expected to surge over the coming years.
What are the factors driving demand for medical oxygen systems in India?
Rise in number of COVID-19 patients requiring oxygen support is a major factor driving demand for medical oxygen systems in India.
What is the global demand outlook for compressed oxygen cylinders?
Compressed oxygen cylinders account for 40% share in the medical oxygen systems market.