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Medical Oxygen Market by Product Type (Compressed Oxygen Cylinders,Oxygen Concentrators, Liquid Oxygen Systems) by Application (Emergency Medical Centers, Ambulatory Surgical Centers, Home Care Settings, Hospitals): Growth, Future Prospects & Competitive Analysis, 2015 – 2027

Report ID: 8978 | Report Format : Excel, PDF

Market Insights

The global market will likely attain a value of USD 7.10 billion in 2027 from USD 4.8 billion in 2020. The CAGR for this market is likely to reach over 6.7% during the forecast period.

Growing expenditure on healthcare, changing technological advancements, and improved medical facilities have helped surge the life expectancy of the global public. Furthermore, the geriatric population is highly prone to respiratory disorders and lung diseases which may develop into weakened immunity. Hence, they are always at great risk of numerous breathing problems. With increasing support from the local government body, it has increased the general public’s awareness, bringing medical oxygen into the positive limelight altogether. Various types of oxygen systems cater to the patients’ controlled amount of oxygen being made available. Credence Research offers holistic information and absolute accuracy in the “Global Medical Oxygen Market report.”

Key Market Drivers and Restraints

Factors that greatly impact the market growth of industrial electric vehicles will be covered here. Also, covers factors that may challenge or act as an opportunity for the market will be discussed to identify revenue generation.

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Various Factors Driving the Market Growth

Some of the factors like the rising prevalence of respiratory and chronic diseases as a result of the high prevalence of tobacco use and rising pollution levels, rising geriatric population, increase in the cases of preterm births, the prevalence of chronic bronchitis, emphysema, the long-term effect of smoking and growing demand for home healthcare systems due to the massive outbreak of the deadly virus is expected to drive market growth in the coming years.

Considering all the factors as mentioned above, along with the surged demand for portable oxygen due to the high adoption at home, healthcare is expected to drive the market to a favorable position in the anticipated time frame.

North America to lead the global market in geographic regions

On the geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research provides in-depth insight into prominent regions of the global market. North America topped the market by acquiring a 31.9% share in 2020.

The Portable Oxygen Systems lead Global Market in terms of Modality

While the market can be segmented in two ways on the basis of Modality, portable systems hold the major revenue share due to the growing prevalence of respiratory disorders, like COPD, asthma, and pneumonia, which indirectly spiked the Application of portable oxygen systems in the forthcoming years.

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Hospitals will dominate the global market in 2020 in terms of Applications.

Emergency Medical Centers, Ambulatory Surgical Centers, Home Care Settings, Hospitals, and Others are the various market applications. Homecare Settings dominated in 2020 and before that. The segment is being driven by an improving standard of living and an increase in the use of home-based therapy, especially in developed regions such as Europe and North America. Furthermore, countries with a significant senior population, such as Italy, Monaco, Germany, Austria, and Japan, are expected to drive segment growth during the forecast period.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Medical Oxygen Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Medical Oxygen Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Application
3.3.2.Application
3.3.3.Modality
3.3.4.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Medical Oxygen Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Compressed Oxygen Cylinders
6.2.3.Oxygen Concentrators
6.2.4.Liquid Oxygen Systems
6.3.North America Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Portable Oxygen Systems
6.3.3.Stationary/Standalone Oxygen Systems
6.4.North America Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
6.4.1.Overview
6.4.2.Emergency Medical Centers
6.4.3.Ambulatory Surgical Centers
6.4.4.Home Care Settings
6.4.5.Hospitals
7.Europe
7.1.Europe Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Compressed Oxygen Cylinders
7.2.3.Oxygen Concentrators
7.2.4.Liquid Oxygen Systems
7.3. Europe Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Portable Oxygen Systems
7.3.3.Stationary/Standalone Oxygen Systems
7.4.Europe Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
7.4.1.Overview
7.4.2.Emergency Medical Centers
7.4.3.Ambulatory Surgical Centers
7.4.4.Home Care Settings
7.4.5.Hospitals
8.Asia Pacific
8.1.Asia Pacific Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Compressed Oxygen Cylinders
8.2.3.Oxygen Concentrators
8.2.4.Liquid Oxygen Systems
8.3.Asia Pacific Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Portable Oxygen Systems
8.3.3.Stationary/Standalone Oxygen Systems
8.4.Asia Pacific Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
8.4.1.Overview
8.4.2.Emergency Medical Centers
8.4.3.Ambulatory Surgical Centers
8.4.4.Home Care Settings
8.4.5.Hospitals
9.Latin America
9.1.Latin America Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Compressed Oxygen Cylinders
9.2.3.Oxygen Concentrators
9.2.4.Liquid Oxygen Systems
9.3.Latin America Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Portable Oxygen Systems
9.3.3.Stationary/Standalone Oxygen Systems
9.4.Latin America Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
9.4.1.Overview
9.4.2.Emergency Medical Centers
9.4.3.Ambulatory Surgical Centers
9.4.4.Home Care Settings
9.4.5.Hospitals
10.Middle East
10.1.Middle East Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Compressed Oxygen Cylinders
10.2.3.Oxygen Concentrators
10.2.4.Liquid Oxygen Systems
10.3.Middle East Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Portable Oxygen Systems
10.3.3.Stationary/Standalone Oxygen Systems
10.4.Middle East Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
10.4.1.Overview
10.4.2.Emergency Medical Centers
10.4.3.Interior
10.4.4.Home Care Settings
10.4.5.Hospitals
11.Africa
11.1.Africa Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Compressed Oxygen Cylinders
11.2.3.Oxygen Concentrators
11.2.4.Liquid Oxygen Systems
11.3.Africa Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Portable Oxygen Systems
11.3.3.Stationary/Standalone Oxygen Systems
11.4.Africa Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
11.4.1.Overview
11.4.2.Emergency Medical Centers
11.4.3.Ambulatory Surgical Centers
11.4.4.Home Care Settings
11.4.5.Hospitals
12.Global
12.1.Global Medical Oxygen Market, By Application, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Compressed Oxygen Cylinders
12.1.3.Oxygen Concentrators
12.1.4.Liquid Oxygen Systems
12.2.Global Medical Oxygen Market, By Modality, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Portable Oxygen Systems
12.2.3.Stationary/Standalone Oxygen Systems
12.3.Global Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
12.3.1.Overview
12.3.2.Emergency Medical Centers
12.3.3.Ambulatory Surgical Centers
12.3.4.Home Care Settings
12.3.5.Hospitals
13.Company Profiles
13.1.Philips Healthcare
13.2.Drive DeVilbiss Healthcare, Inc.
13.3.ResMed
13.4.Nidek Medical
13.5.Invacare Corporation
13.6.Inogen, Inc.
AirSep Corporation

List of Figures

FIG. 1Global Medical Oxygen Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Medical Oxygen Market Segmentation
FIG. 4Global Medical Oxygen Market, by Application, 2019 (US$ Bn)
FIG. 5Global Medical Oxygen Market, by Application, 2019 (US$ Bn)
FIG. 6Global Medical Oxygen Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Medical Oxygen Market Manufacturers, 2019
FIG. 9Global Medical Oxygen Market Value Contribution, By Type, 2019 & 2027 (Value %)
FIG. 10Global Medical Oxygen Market, by Type 1, Value, 2015-2027 (US$ Bn)
FIG. 11Global Medical Oxygen Market, by Type 2, Value, 2015-2027 (US$ Bn)
FIG. 12Global Medical Oxygen Market, by Type 3, Value, 2015-2027 (US$ Bn)
FIG. 13Global Medical Oxygen Market, by Type 4, Value, 2015-2027 (US$ Bn)
FIG. 14Global Medical Oxygen Market, by Type 5, Value, 2015-2027 (US$ Bn)
FIG. 15Global Medical Oxygen Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16Global Medical Oxygen Market Value Contribution, By Application, 2019 & 2027 (Value %)
FIG. 17Global Medical Oxygen Market, by Application 1, Value, 2015-2027 (US$ Bn)
FIG. 18Global Medical Oxygen Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 19Global Medical Oxygen Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 20U.S. Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 21Rest of North America Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 22U.K. Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 23Germany Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 24France Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 25Rest of Europe Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 26Japan Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 27China Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 28India Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 29Rest of Asia Pacific Medical Oxygen Market, 2015-2027 (US$ Bn)
FIG. 30Middle East & Africa Medical Oxygen Market, 2015-2027 (US$ Bn)
Latin America Medical Oxygen Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Medical Oxygen Market
TABLE 2Global Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 3Global Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 4Global Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 5Global Medical Oxygen Market, by Geography, 2015-2027 (US$ Bn)
TABLE 6North America Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 7North America Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 8North America Medical Oxygen Market, by Country, 2015-2027 (US$ Bn)
TABLE 9Europe Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 10Europe Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 11Europe Medical Oxygen Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 14Asia Pacific Medical Oxygen Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 15Latin America Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 16Latin America Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 17Latin America Medical Oxygen Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 18Middle East Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 19Middle East Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 20Middle East Medical Oxygen Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 21Africa Medical Oxygen Market, by Type, 2015-2027 (US$ Bn)
TABLE 22Africa Medical Oxygen Market, by Application, 2015-2027 (US$ Bn)
TABLE 23Africa Medical Oxygen Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 24Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

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Frequently Asked Questions

What is the size of Medical Oxygen Market?

The market for Medical Oxygen is expected to reach US$ 6.56 Bn in 2028.

What is the Medical Oxygen Market CAGR?

The Medical Oxygen market is expected to see significant CAGR growth over the coming years, at 15.0%.

What is the Forecast period considered for Medical Oxygen Market?

The report is forecasted from 2019-2027.

What is the base year considered for Medical Oxygen Market?

The base year of this report is 2021.

Who are the major players in this market?

Capgemini S.A., EMC Corporation, Hitachi, Ltd., Hewlett-Packard, IBM Corporation, Newgen Software, Inc., Cisco Systems, Inc., SAP SE, SAS Institute, Tata Consultancy Services Ltd. are some of the major players in the global market.

About Author

Shweta Bisht

Shweta Bisht

Healthcare & Biotech Analyst

Shweta is a healthcare and biotech researcher with strong analytical skills in chemical and agri domains.

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