Product Code: ETC13163512 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Oxygen therapy equipment Market was valued at USD 4.5 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 5.90% during the forecast period (2025-2031).
The global oxygen therapy equipment market is experiencing steady growth due to factors such as the increasing prevalence of respiratory diseases, technological advancements in oxygen delivery devices, and the rising geriatric population worldwide. The market encompasses a wide range of products including oxygen cylinders, concentrators, masks, and tubing. North America holds a significant share in the market, driven by high healthcare expenditure and the presence of key market players. Asia-Pacific is expected to witness rapid growth, attributed to improving healthcare infrastructure and a growing patient population. Key trends in the market include the adoption of portable and lightweight oxygen therapy equipment for enhanced mobility and convenience. Overall, the market is anticipated to continue expanding as the demand for oxygen therapy equipment rises in both developed and developing regions.
The Global Oxygen therapy equipment market is experiencing significant growth due to the increasing prevalence of respiratory disorders such as COPD and asthma, coupled with the rising geriatric population. Technological advancements in oxygen therapy equipment, such as portable and lightweight devices, are also driving market growth. Additionally, the growing awareness about the benefits of oxygen therapy in improving overall health and quality of life is creating opportunities for market expansion. The rise in air pollution levels and the impact of the COVID-19 pandemic on respiratory health have further boosted the demand for oxygen therapy equipment. Key players in the market are focusing on product innovation and strategic collaborations to gain a competitive edge in this rapidly evolving market landscape.
The Global Oxygen therapy equipment market faces several challenges including high costs associated with equipment procurement and maintenance, limited accessibility to quality healthcare in developing regions, and regulatory constraints on product approvals and market entry. Additionally, competition among key players in the market intensifies as new entrants introduce innovative technologies and solutions. Economic uncertainties and reimbursement issues further impact market growth. Moreover, the ongoing COVID-19 pandemic has strained healthcare systems worldwide, leading to disruptions in the supply chain and manufacturing processes. Addressing these challenges requires industry players to focus on cost-effective solutions, expand market reach in underserved regions, navigate regulatory requirements efficiently, and innovate to meet evolving healthcare demands.
The global oxygen therapy equipment market is primarily driven by the increasing prevalence of respiratory diseases such as COPD and asthma, as well as the rising geriatric population worldwide. The growing awareness about the benefits of oxygen therapy in improving patient outcomes, coupled with advancements in technology leading to the development of portable and user-friendly oxygen delivery systems, are also key drivers for market growth. Additionally, the surge in air pollution levels and the high demand for oxygen therapy in emergency medical situations further contribute to the expanding market. Furthermore, the ongoing COVID-19 pandemic has highlighted the importance of oxygen therapy in treating severe respiratory conditions, driving the demand for oxygen therapy equipment on a global scale.
Government policies related to the global oxygen therapy equipment market vary by country but generally focus on ensuring quality standards, safety regulations, and reimbursement policies. In the United States, the Food and Drug Administration (FDA) regulates the approval and sale of oxygen therapy equipment to ensure its safety and efficacy. Medicare and Medicaid provide reimbursement for oxygen therapy equipment for eligible patients, driving market demand. In the European Union, medical devices, including oxygen therapy equipment, must meet strict regulatory requirements under the Medical Devices Regulation. In emerging markets, government initiatives aim to improve access to healthcare services, including oxygen therapy, by investing in infrastructure and implementing subsidy programs. Overall, government policies play a crucial role in shaping the global oxygen therapy equipment market by setting standards, ensuring patient safety, and facilitating market growth through reimbursement mechanisms.
The Global Oxygen Therapy Equipment Market is expected to witness significant growth in the coming years due to the increasing prevalence of respiratory diseases, such as COPD and asthma, coupled with the rising geriatric population globally. Technological advancements in oxygen therapy equipment, such as portable and lightweight devices, are also driving market growth. Additionally, the ongoing COVID-19 pandemic has increased the demand for oxygen therapy equipment to treat patients with severe respiratory complications. Furthermore, the growing awareness about the benefits of oxygen therapy in improving patient outcomes and quality of life is likely to further boost market expansion. Overall, the Global Oxygen Therapy Equipment Market is projected to continue on a steady growth trajectory in the foreseeable future.
In the global oxygen therapy equipment market, Asia is expected to witness significant growth due to the rising prevalence of respiratory diseases and increasing healthcare expenditure in countries like China and India. North America is likely to dominate the market, driven by advanced healthcare infrastructure, high adoption of technologically advanced equipment, and a large geriatric population requiring oxygen therapy. Europe is also a key market with a growing elderly population and increasing awareness about the benefits of oxygen therapy. The Middle East and Africa region is projected to experience moderate growth as healthcare infrastructure improves and awareness about respiratory diseases increases. Latin America is anticipated to show steady growth due to improving healthcare facilities and the rising incidence of chronic respiratory conditions in countries like Brazil and Mexico.
Global Oxygen therapy equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Oxygen therapy equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Oxygen therapy equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Oxygen therapy equipment Market - Industry Life Cycle |
3.4 Global Oxygen therapy equipment Market - Porter's Five Forces |
3.5 Global Oxygen therapy equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Oxygen therapy equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Oxygen therapy equipment Market Revenues & Volume Share, By Portability, 2021 & 2031F |
3.8 Global Oxygen therapy equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Oxygen therapy equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Oxygen therapy equipment Market Trends |
6 Global Oxygen therapy equipment Market, 2021 - 2031 |
6.1 Global Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Oxygen therapy equipment Market, Revenues & Volume, By Oxygen Source Equipment, 2021 - 2031 |
6.1.3 Global Oxygen therapy equipment Market, Revenues & Volume, By Oxygen Delivery Devices, 2021 - 2031 |
6.2 Global Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Oxygen therapy equipment Market, Revenues & Volume, By Standalone Devices, 2021 - 2031 |
6.2.3 Global Oxygen therapy equipment Market, Revenues & Volume, By Portable Devices, 2021 - 2031 |
6.3 Global Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Oxygen therapy equipment Market, Revenues & Volume, By COPD, 2021 - 2031 |
6.3.3 Global Oxygen therapy equipment Market, Revenues & Volume, By Asthma, 2021 - 2031 |
6.3.4 Global Oxygen therapy equipment Market, Revenues & Volume, By Cystic Fibrosis, 2021 - 2031 |
6.3.5 Global Oxygen therapy equipment Market, Revenues & Volume, By Respiratory Distress Syndrome, 2021 - 2031 |
6.3.6 Global Oxygen therapy equipment Market, Revenues & Volume, By Pneumonia, 2021 - 2031 |
6.3.7 Global Oxygen therapy equipment Market, Revenues & Volume, By Other Diseases, 2021 - 2031 |
7 North America Oxygen therapy equipment Market, Overview & Analysis |
7.1 North America Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
7.5 North America Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Oxygen therapy equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
8.5 Latin America (LATAM) Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Oxygen therapy equipment Market, Overview & Analysis |
9.1 Asia Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
9.5 Asia Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Oxygen therapy equipment Market, Overview & Analysis |
10.1 Africa Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
10.5 Africa Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Oxygen therapy equipment Market, Overview & Analysis |
11.1 Europe Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
11.5 Europe Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Oxygen therapy equipment Market, Overview & Analysis |
12.1 Middle East Oxygen therapy equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Oxygen therapy equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Oxygen therapy equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Oxygen therapy equipment Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Oxygen therapy equipment Market, Revenues & Volume, By Portability, 2021 - 2031 |
12.5 Middle East Oxygen therapy equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Oxygen therapy equipment Market Key Performance Indicators |
14 Global Oxygen therapy equipment Market - Export/Import By Countries Assessment |
15 Global Oxygen therapy equipment Market - Opportunity Assessment |
15.1 Global Oxygen therapy equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Oxygen therapy equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Oxygen therapy equipment Market Opportunity Assessment, By Portability, 2021 & 2031F |
15.4 Global Oxygen therapy equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Oxygen therapy equipment Market - Competitive Landscape |
16.1 Global Oxygen therapy equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Oxygen therapy equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |