Data Bridge Market Research analyses that the medical oxygen concentrators and oxygen cylinders market which was USD 3.25 billion in 2021, would rocket up to USD 5.12 billion by 2029, and is expected to undergo a CAGR of 5.85% during the forecast period 2022 to 2029.
Industry Analysis
Medical professionals frequently employ medical oxygen gas cylinders for therapeutic and diagnostic purposes. Medical oxygen gas systems, such as oxygen concentrators and compressed oxygen gas cylinders, are widely used in homecare settings, and are frequently preferred by elderly patients who have mobility issues and require a consistent oxygen supply.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
The tempered steel canisters used to preserve oxygen at high pressure are known as medical oxygen cylinders. The majority of oxygen cylinders are utilized for medicinal or diagnostic purposes. It contains high-pressure oxygen or oxygen in liquid form and is utilized in medical emergencies. Oxygen cylinders are also available in a variety of sizes, depending on their intended use.
Global Medical Oxygen Concentrators and Oxygen Cylinders Market Scope
The medical oxygen concentrators and oxygen cylinders market is segmented on the basis of product, technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Portable Oxygen Concentrator Cylinders
- Stationary Oxygen Concentrator Cylinders
Technology
- Continuous Flow
- Pulse Flow
End User
- Home Care
- Non Home Care
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Medical Oxygen Concentrators and Oxygen Cylinders Market Regional Analysis/Insights
The medical oxygen concentrators and oxygen cylinders market is analysed and market size insights and trends are provided by country, product, technology and end-user as referenced above.
The countries covered in the medical oxygen concentrators and oxygen cylinders market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is likely to lead the global medical oxygen concentrators and oxygen cylinders market. An increase in graph of COVID-19 cases and shift of population with breathing issues is the key factor for the growth of market in this region.
Asia-Pacific is expected to exhibit a substantial growth rate during the forecast period 2022-2029 due to an increase in cases of chronic and infectious diseases among a larger population.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Medical Oxygen Concentrators and Oxygen Cylinders Market Share Analysis
The medical oxygen concentrators and oxygen cylinders market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical oxygen concentrators and oxygen cylinders market.
Some of the major players operating in the medical oxygen concentrators and oxygen cylinders market are:
- Medical Depot, Inc. (Canada)
- Koninklijke Philips N.V. (Netherlands)
- Invacare Corporation (U.S.)
- NIDEK MEDICAL INDIA (India)
- Inogen Inc. (U.S.)
- CAIRE Inc. (U.S.)
- O2 CONCEPTS LLC (U.S.)
- OxyGo,LLC (U.S.)
- Precision Medical, Inc. (U.S.)
- Linde plc (Ireland)
- Chart Industries (U.S.)
- GCE Group (Sweden)
- Drive DeVilbiss Healthcare (U.S.)
- Airgas Inc (U.S.)
- Messer SE Co. KGaA (Germany)
- OrientMEd International (UAE)
- TECNO-GAZ SpA (Italy)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Medical Oxygen Concentrators and Oxygen Cylinders Market by Product Procedure type
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