Global Medical Oxygen System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Compressed Oxygen Cylinder, Oxygen Concentrator and Liquid Oxygen System.

By Modality;

Portable Oxygen System and Stationary/Standalone Oxygen System.

By End User;

Hospitals, Emergency Medical Centers, Ambulatory Surgical Centers, and Home Care Settings.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn581125069 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Medical Oxygen System Market (USD Million), 2021 - 2031

In the year 2023, the Global Medical Oxygen System Market was valued at USD 2,287.81 million. The size of this market is expected to increase to USD 3,928.54 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The Global Medical Oxygen System Market is experiencing robust growth, driven by the increasing prevalence of respiratory diseases, the rise in geriatric populations, and the critical role of oxygen therapy in modern medical care. Medical oxygen systems, essential for the treatment of a wide array of conditions including chronic obstructive pulmonary disease (COPD), asthma, and COVID-19, are indispensable in both hospital settings and home care environments. The market encompasses a diverse range of products such as oxygen concentrators, compressed oxygen gas systems, liquid oxygen systems, and oxygen cylinders, each tailored to meet specific patient needs and clinical requirements.

Technological advancements are playing a crucial role in transforming the medical oxygen system landscape. Innovations such as portable oxygen concentrators and smart oxygen delivery systems equipped with digital monitoring capabilities are enhancing patient mobility, compliance, and overall quality of life. These advancements are particularly beneficial for patients requiring long-term oxygen therapy, enabling them to maintain a more active lifestyle while managing their condition effectively.

The growing trend towards home healthcare has significantly influenced the market dynamics. Home-based oxygen therapy solutions offer a cost-effective and convenient alternative to hospital care, fostering independence among patients and reducing healthcare costs. The shift towards personalized and patient-centric care models is expected to drive further adoption of advanced medical oxygen systems. The market is also shaped by stringent regulatory frameworks ensuring the safety and efficacy of medical oxygen systems. Manufacturers are continuously striving to meet regulatory standards while innovating to enhance product performance and user experience.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Modality
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Medical Oxygen System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Respiratory Diseases

        2. Aging Population

        3. Technological Advancements

      2. Restraints
        1. Regulatory Compliance Burden

        2. High Initial Investment

        3. Limited Access in Developing Regions

      3. Opportunities
        1. Home Healthcare Expansion

        2. Portable Oxygen Solutions

        3. Emerging Markets Growth

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Medical Oxygen System Market, By Product Type, 2021 - 2031 (USD Million)
      1. Compressed Oxygen Cylinder
      2. Oxygen Concentrator
      3. Liquid Oxygen System
    2. Global Medical Oxygen System Market, By Modality, 2021 - 2031 (USD Million)
      1. Portable Oxygen System
      2. Stationary/Standalone Oxygen System
    3. Global Medical Oxygen System Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Emergency Medical Centers
      3. Ambulatory Surgical Centers
      4. Home Care Settings
    4. Global Medical Oxygen System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Koninklijke Philips N.V
      2. Inogen, Inc.
      3. BOC Healthcare
      4. Precision Medical, Inc.
      5. Luxfer Group
      6. Cryofab, Inc.
      7. Responsive Respiratory, Inc.
      8. Atlas Copco
  7. Analyst Views
  8. Future Outlook of the Market