Medical Grade Oxygen Market Synopsis

Medical Grade Oxygen Market Size Was Valued at USD 9.65 Billion in 2023, and is Projected to Reach USD 18.5 Billion by 2032, Growing at a CAGR of 7.5% From 2024-2032.

The global medical-grade oxygen market encompasses the production, distribution, and utilization of oxygen specifically designed for medical applications. This market is integral to healthcare systems worldwide, supporting various medical procedures, treatments, and life-saving interventions.

  • Medical grade oxygen, typically defined as at least 99.0% pure oxygen, plays a critical role in addressing respiratory disorders, surgical procedures, emergency care, and other medical needs where supplemental oxygen is necessary.
  • The growth of the medical-grade oxygen market is the rising prevalence of respiratory diseases. Conditions such as chronic obstructive pulmonary disease (COPD), asthma, and pneumonia contribute significantly to the demand for medical oxygen. With an aging global population and lifestyle factors impacting respiratory health, the need for oxygen therapy continues to increase, driving market expansion.
  • Advancements in medical technology and healthcare infrastructure contribute to the market's growth. Innovations such as portable oxygen concentrators, improved oxygen delivery systems, and enhanced monitoring devices have enhanced patient care and accessibility to oxygen therapy. These technological advancements not only improve treatment outcomes but also broaden the market reach by making oxygen therapy more convenient and effective.

MEDICAL GRADE OXYGEN

Medical Grade Oxygen Market Trend Analysis

Increase in Daily Exposure to Environmental Pollution

  • As air quality deteriorates, particularly in urban areas, there's a growing need for supplemental oxygen therapy. Pollutants like particulate matter (PM2.5) and ozone irritate and damage lung tissue, reducing the body's ability to absorb oxygen from the ambient air. This can lead to respiratory problems like asthma, chronic obstructive pulmonary disease (COPD), and even heart disease.
  • For individuals suffering from these pollution-induced conditions, medical-grade oxygen becomes a vital treatment. Hospitals and clinics witness a surge in demand for oxygen concentrators and tanks, especially during periods of high pollution. Additionally, home healthcare is seeing an increase in patients requiring long-term oxygen therapy due to environmental factors. This trend is expected to continue as stricter regulations and public awareness fail to keep pace with the rapid increase in pollution levels.

Rapidly Increasing Number of Geriatric Population With Respiratory Diseases

  • As people age, their lung capacity naturally decreases, making them more susceptible to respiratory illnesses. This, coupled with a higher prevalence of chronic conditions like COPD and pneumonia in the elderly, creates a rising demand for supplemental oxygen therapy.
  • This trend is evident worldwide. The World Health Organization projects that by 2050, the proportion of the global population aged 60 or over will nearly double. This surge in the elderly population translates to a greater number of individuals requiring oxygen support, both in hospitals and at home. Manufacturers of oxygen concentrators, portable oxygen tanks, and respiratory masks are well-positioned to cater to this growing need.
  • For instance, In the United States, the National Heart, Lung, and Blood Institute report that COPD is a leading cause of hospitalization among adults aged 65 and older. This highlights the increasing dependence of the elderly population on medical-grade oxygen for managing chronic respiratory conditions. By developing user-friendly and portable oxygen delivery systems, companies can tap into this expanding market segment.

Medical Grade Oxygen Market Segment Analysis:

Medical Grade Oxygen Market is segmented on the basis of Product Type, Delivery Type, Indication and End-users.

By Product Type, Compressed Gas Systems segment is expected to dominate the market during the forecast period

  • Compressed gas systems are integral to the medical grade oxygen market due to their reliability and efficiency in storing and delivering oxygen to patients. These systems encompass tanks or cylinders filled with compressed oxygen gas, managed through regulators and administered via specialized delivery devices like oxygen masks, nasal cannulas, or ventilators. For instance, a portable oxygen tank used by patients with respiratory conditions like chronic obstructive pulmonary disease (COPD) exemplifies this segment. These tanks store oxygen under pressure, allowing individuals to carry them for supplemental oxygen therapy, enhancing their mobility and quality of life.
  • In healthcare facilities, compressed gas systems are crucial for emergency care and respiratory support. For example, during surgeries or critical care scenarios, medical professionals rely on compressed oxygen tanks connected to ventilators to ensure patients receive adequate oxygenation. These systems provide precise oxygen concentrations, essential for therapeutic applications ranging from treating acute respiratory distress to maintaining oxygen levels during anesthesia. Their versatility and ability to deliver oxygen effectively make compressed gas systems indispensable tools across various medical settings, safeguarding patient well-being and enabling optimal care delivery.

By Delivery Type, Oxygen Delivery In Oxygen Concentrators segment held the largest share of 32.8% in 2023

  • Oxygen delivery in oxygen concentrators has become increasingly popular due to its convenience and cost-effectiveness. Unlike traditional oxygen tanks that require refilling and maintenance, oxygen concentrators extract oxygen from the ambient air, making them a more sustainable option. For example, a patient with chronic obstructive pulmonary disease (COPD) can use an oxygen concentrator at home to receive a continuous flow of medical-grade oxygen without the hassle of replacing tanks.
  • Advancements in technology have improved the efficiency and portability of oxygen concentrators, further contributing to their dominance in the medical-grade oxygen market. Modern oxygen concentrators are designed to deliver precise oxygen levels, making them suitable for various medical conditions that require supplemental oxygen therapy. For instance, a portable oxygen concentrator allows patients to maintain an active lifestyle while ensuring they receive the necessary oxygen levels, such as during travel or outdoor activities. These factors combined have propelled the oxygen delivery in the oxygen concentrators segment to hold the largest share in the medical-grade oxygen market.

Medical Grade Oxygen Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast Period

  • North America's significant market share in the medical-grade oxygen market can be attributed to its advanced healthcare infrastructure. The region boasts state-of-the-art medical facilities, including hospitals, clinics, and research centers, equipped with the latest technologies for diagnosing and treating various health conditions.
  • This infrastructure enables efficient distribution and utilization of medical-grade oxygen, ensuring timely access for patients in need. For instance, hospitals in the US have well-established oxygen delivery systems that cater to a large patient population, especially those with chronic respiratory diseases like COPD, asthma, and pneumonia.
  • The high prevalence of chronic respiratory diseases in North America contributes to the region's dominance in the medical-grade oxygen market. Factors such as air pollution, smoking habits, and an aging population contribute to the increased incidence of respiratory ailments, necessitating the use of medical-grade oxygen for therapeutic purposes.
  • The US, in particular, stands out as the dominant player in this region due to its robust healthcare ecosystem, substantial healthcare expenditure, and strong focus on technological advancements. These factors create a conducive environment for the growth of the medical-grade oxygen market, making North America a key market player globally.

Active Key Players in the Medical Grade Oxygen Market

  • Invacare Corporation (U.S.)
  • Inogen Inc. (U.S.)
  • CAIRE Inc. (U.S.)
  • O2 CONCEPTS LLC (U.S.)
  • OxyGo, LLC (U.S.)
  • Precision Medical, Inc. (U.S.)
  • Drive DeVilbiss Healthcare (U.S.)
  • Airgas Inc (U.S.)
  • Medical Depot, Inc. (Canada)
  • Koninklijke Philips N.V. (Netherlands)
  • Linde plc (Ireland)
  • Chart Industries (U.S.)
  • GCE Group (Sweden)
  • Messer SE & Co. KGaA (Germany)
  • Philips Healthcare (Netherlands)
  • TECNO-GAZ SpA (Italy)
  • Terumo Medical Corporation (Japan)
  • NIDEK MEDICAL INDIA (India)
  • OrientMEd International (UAE)
  • Gulf Cryo Saudi for Industrial & Medical Gases (UAE)
  • Jacko Gases Company (Saudi Arabia) and Other Active Players

Key Industry Developments in the Medical Grade Oxygen Market:

  • In February 2023, React Health, a company specializing in the development, manufacturing, and distribution of medical devices for treating sleep-disordered breathing and providing oxygen therapy, successfully acquired Invacare's Respiratory line. This strategic acquisition will enable React Health to enhance its position in the market further and expand its product portfolio to cater to a broader range of customers
  • In January 2023, CAIRE Inc., a global manufacturer of oxygen therapy and on-site generation systems, acquired MGC Diagnostics Holdings, Inc., headquartered in St. Paul, Minnesota. The acquisition strengthened CAIRE's presence and commitment to diagnostic technologies, further enhancing its proficiency in catering to patients at all stages of pulmonary disease progression
 

Global Medical Grade Oxygen Market

Base Year:

2023

Forecast Period:

2023-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 9.65 Bn.

Forecast Period 2024-3 CAGR:

7.5%

Market Size in 2032:

USD 18.5 Bn.

Segments Covered:

By Product Type

  • Compressed gas systems
  • Portable oxygen concentrator systems (POCs)
  • Liquid oxygen systems

By Delivery type

  • Oxygen Delivery In Oxygen Concentrators
  • Continuous Flow Dose Deliver
  • Pulse Mode Delivery

By Indication

  • Stationary Oxygen Concentrators
  • Portable Oxygen Concentrators

By End User

  • General and Specialized Hospitals
  • Emergency Transports
  • Outpatient Units
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • An Increase in Daily Exposure to Environmental Pollution

Key Market Restraints:

  • Insufficient and Delayed Supply of Oxygen

Key Opportunities:

  • Rapidly Increasing Number Of Geriatric Population With Respiratory Diseases

Companies Covered in the report:

  • Invacare Corporation, Inogen Inc., CAIRE Inc., O2 CONCEPTS LLC, OxyGo, LLC, Precision Medical, Inc., Drive DeVilbiss Healthcare, and Other Active Players.

Chapter 1: Introduction
ā€ƒ1.1 Research Objectives
ā€ƒ1.2 Research Methodology
ā€ƒ1.3 Research Process
ā€ƒ1.4 Scope and Coverage
ā€ƒā€ƒ1.4.1 Market Definition
ā€ƒā€ƒ1.4.2 Key Questions Answered
ā€ƒ1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
ā€ƒ3.1 By Product Type
ā€ƒ3.2 By Delivery Type
ā€ƒ3.3 By Indication
ā€ƒ3.4 By End User

Chapter 4: Market Landscape
ā€ƒ4.1 Porter's Five Forces Analysis
ā€ƒā€ƒ4.1.1 Bargaining Power of Supplier
ā€ƒā€ƒ4.1.2 Threat of New Entrants
ā€ƒā€ƒ4.1.3 Threat of Substitutes
ā€ƒā€ƒ4.1.4 Competitive Rivalry
ā€ƒā€ƒ4.1.5 Bargaining Power Among Buyers
ā€ƒ4.2 Industry Value Chain Analysis
ā€ƒ4.3 Market Dynamics
ā€ƒā€ƒ4.3.1 Drivers
ā€ƒā€ƒ4.3.2 Restraints
ā€ƒā€ƒ4.3.3 Opportunities
ā€ƒā€ƒ4.5.4 Challenges
ā€ƒ4.4 Pestle Analysis
ā€ƒ4.5 Technological Roadmap
ā€ƒ4.6 Regulatory Landscape
ā€ƒ4.7 SWOT Analysis
ā€ƒ4.8 Price Trend Analysis
ā€ƒ4.9 Patent Analysis
ā€ƒ4.10 Analysis of the Impact of Covid-19
ā€ƒā€ƒ4.10.1 Impact on the Overall Market
ā€ƒā€ƒ4.10.2 Impact on the Supply Chain
ā€ƒā€ƒ4.10.3 Impact on the Key Manufacturers
ā€ƒā€ƒ4.10.4 Impact on the Pricing

Chapter 5: Medical Grade Oxygen Market by Product Type
ā€ƒ5.1 Medical Grade Oxygen Market Overview Snapshot and Growth Engine
ā€ƒ5.2 Medical Grade Oxygen Market Overview
ā€ƒ5.3 Compressed Gas Systems
ā€ƒā€ƒ5.3.1 Introduction and Market Overview
ā€ƒā€ƒ5.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.3.4 Compressed Gas Systems: Geographic Segmentation
ā€ƒ5.4 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ5.4.1 Introduction and Market Overview
ā€ƒā€ƒ5.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.4.4 Portable Oxygen Concentrator Systems (POCs): Geographic Segmentation
ā€ƒ5.5 Liquid Oxygen Systems
ā€ƒā€ƒ5.5.1 Introduction and Market Overview
ā€ƒā€ƒ5.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ5.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.5.4 Liquid Oxygen Systems: Geographic Segmentation

Chapter 6: Medical Grade Oxygen Market by Delivery Type
ā€ƒ6.1 Medical Grade Oxygen Market Overview Snapshot and Growth Engine
ā€ƒ6.2 Medical Grade Oxygen Market Overview
ā€ƒ6.3 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ6.3.1 Introduction and Market Overview
ā€ƒā€ƒ6.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.3.4 Oxygen Delivery In Oxygen Concentrators: Geographic Segmentation
ā€ƒ6.4 Continuous Flow Dose Delivery
ā€ƒā€ƒ6.4.1 Introduction and Market Overview
ā€ƒā€ƒ6.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.4.4 Continuous Flow Dose Delivery: Geographic Segmentation
ā€ƒ6.5 Pulse Mode Delivery
ā€ƒā€ƒ6.5.1 Introduction and Market Overview
ā€ƒā€ƒ6.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ6.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.5.4 Pulse Mode Delivery: Geographic Segmentation

Chapter 7: Medical Grade Oxygen Market by Indication
ā€ƒ7.1 Medical Grade Oxygen Market Overview Snapshot and Growth Engine
ā€ƒ7.2 Medical Grade Oxygen Market Overview
ā€ƒ7.3 Stationary Oxygen Concentrators
ā€ƒā€ƒ7.3.1 Introduction and Market Overview
ā€ƒā€ƒ7.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.3.4 Stationary Oxygen Concentrators: Geographic Segmentation
ā€ƒ7.4 Portable Oxygen Concentrators
ā€ƒā€ƒ7.4.1 Introduction and Market Overview
ā€ƒā€ƒ7.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ7.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.4.4 Portable Oxygen Concentrators: Geographic Segmentation

Chapter 8: Medical Grade Oxygen Market by End User
ā€ƒ8.1 Medical Grade Oxygen Market Overview Snapshot and Growth Engine
ā€ƒ8.2 Medical Grade Oxygen Market Overview
ā€ƒ8.3 Primary Healthcare
ā€ƒā€ƒ8.3.1 Introduction and Market Overview
ā€ƒā€ƒ8.3.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ8.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ8.3.4 Primary Healthcare: Geographic Segmentation
ā€ƒ8.4 General & Specialized Hospitals
ā€ƒā€ƒ8.4.1 Introduction and Market Overview
ā€ƒā€ƒ8.4.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ8.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ8.4.4 General & Specialized Hospitals: Geographic Segmentation
ā€ƒ8.5 Emergency Transports
ā€ƒā€ƒ8.5.1 Introduction and Market Overview
ā€ƒā€ƒ8.5.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ8.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ8.5.4 Emergency Transports: Geographic Segmentation
ā€ƒ8.6 Outpatient Units
ā€ƒā€ƒ8.6.1 Introduction and Market Overview
ā€ƒā€ƒ8.6.2 Historic and Forecasted Market Size (2016-2028F)
ā€ƒā€ƒ8.6.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ8.6.4 Outpatient Units: Geographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
ā€ƒ9.1 Competitive Landscape
ā€ƒā€ƒ9.1.1 Competitive Positioning
ā€ƒā€ƒ9.1.2 Medical Grade Oxygen Sales and Market Share By Players
ā€ƒā€ƒ9.1.3 Industry BCG Matrix
ā€ƒā€ƒ9.1.4 Heat Map Analysis
ā€ƒā€ƒ9.1.5 Medical Grade Oxygen Industry Concentration Ratio (CR5 and HHI)
ā€ƒā€ƒ9.1.6 Top 5 Medical Grade Oxygen Players Market Share
ā€ƒā€ƒ9.1.7 Mergers and Acquisitions
ā€ƒā€ƒ9.1.8 Business Strategies By Top Players
ā€ƒ9.2 MEDTRONIC (IRELAND)
ā€ƒā€ƒ9.2.1 Company Overview
ā€ƒā€ƒ9.2.2 Key Executives
ā€ƒā€ƒ9.2.3 Company Snapshot
ā€ƒā€ƒ9.2.4 Operating Business Segments
ā€ƒā€ƒ9.2.5 Product Portfolio
ā€ƒā€ƒ9.2.6 Business Performance
ā€ƒā€ƒ9.2.7 Key Strategic Moves and Recent Developments
ā€ƒā€ƒ9.2.8 SWOT Analysis
ā€ƒ9.3 DEVILBISS HEALTHCARE LLC (U.S.)
ā€ƒ9.4 MESSER GROUP GMBH (GERMANY)
ā€ƒ9.5 PHILIPS HEALTHCARE (NETHERLANDS)
ā€ƒ9.6 INVACARE CORPORATION (U.S.)
ā€ƒ9.7 AIR PRODUCTS (U.S.)
ā€ƒ9.8 LINDE PLC (IRELAND)
ā€ƒ9.9 GULF CRYO SAUDI FOR INDUSTRIAL & MEDICAL GASES (U.A.E.)
ā€ƒ9.10 NIDEK MEDICAL (INDIA)
ā€ƒ9.11 TERUMO MEDICAL CORPORATION (JAPAN)
ā€ƒ9.12 ORIENTMED INTERNATIONAL (U.A.E.)
ā€ƒ9.13 JACKO GASES COMPANY (SAUDI ARABIA)
ā€ƒ9.14 OTHER MAJOR PLAYERS.

Chapter 10: Global Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ10.1 Market Overview
ā€ƒ10.2 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ10.2.1 Compressed Gas Systems
ā€ƒā€ƒ10.2.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ10.2.3 Liquid Oxygen Systems
ā€ƒ10.3 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ10.3.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ10.3.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ10.3.3 Pulse Mode Delivery
ā€ƒ10.4 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ10.4.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ10.4.2 Portable Oxygen Concentrators
ā€ƒ10.5 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ10.5.1 Primary Healthcare
ā€ƒā€ƒ10.5.2 General & Specialized Hospitals
ā€ƒā€ƒ10.5.3 Emergency Transports
ā€ƒā€ƒ10.5.4 Outpatient Units

Chapter 11: North America Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ11.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.2 Impact of Covid-19
ā€ƒ11.3 Key Players
ā€ƒ11.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.4 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ11.4.1 Compressed Gas Systems
ā€ƒā€ƒ11.4.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ11.4.3 Liquid Oxygen Systems
ā€ƒ11.5 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ11.5.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ11.5.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ11.5.3 Pulse Mode Delivery
ā€ƒ11.6 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ11.6.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ11.6.2 Portable Oxygen Concentrators
ā€ƒ11.7 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ11.7.1 Primary Healthcare
ā€ƒā€ƒ11.7.2 General & Specialized Hospitals
ā€ƒā€ƒ11.7.3 Emergency Transports
ā€ƒā€ƒ11.7.4 Outpatient Units
ā€ƒ11.8 Historic and Forecast Market Size by Country
ā€ƒā€ƒ11.8.1 U.S.
ā€ƒā€ƒ11.8.2 Canada
ā€ƒā€ƒ11.8.3 Mexico

Chapter 12: Europe Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ12.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.2 Impact of Covid-19
ā€ƒ12.3 Key Players
ā€ƒ12.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.4 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ12.4.1 Compressed Gas Systems
ā€ƒā€ƒ12.4.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ12.4.3 Liquid Oxygen Systems
ā€ƒ12.5 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ12.5.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ12.5.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ12.5.3 Pulse Mode Delivery
ā€ƒ12.6 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ12.6.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ12.6.2 Portable Oxygen Concentrators
ā€ƒ12.7 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ12.7.1 Primary Healthcare
ā€ƒā€ƒ12.7.2 General & Specialized Hospitals
ā€ƒā€ƒ12.7.3 Emergency Transports
ā€ƒā€ƒ12.7.4 Outpatient Units
ā€ƒ12.8 Historic and Forecast Market Size by Country
ā€ƒā€ƒ12.8.1 Germany
ā€ƒā€ƒ12.8.2 U.K.
ā€ƒā€ƒ12.8.3 France
ā€ƒā€ƒ12.8.4 Italy
ā€ƒā€ƒ12.8.5 Russia
ā€ƒā€ƒ12.8.6 Spain
ā€ƒā€ƒ12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ13.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.2 Impact of Covid-19
ā€ƒ13.3 Key Players
ā€ƒ13.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.4 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ13.4.1 Compressed Gas Systems
ā€ƒā€ƒ13.4.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ13.4.3 Liquid Oxygen Systems
ā€ƒ13.5 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ13.5.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ13.5.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ13.5.3 Pulse Mode Delivery
ā€ƒ13.6 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ13.6.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ13.6.2 Portable Oxygen Concentrators
ā€ƒ13.7 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ13.7.1 Primary Healthcare
ā€ƒā€ƒ13.7.2 General & Specialized Hospitals
ā€ƒā€ƒ13.7.3 Emergency Transports
ā€ƒā€ƒ13.7.4 Outpatient Units
ā€ƒ13.8 Historic and Forecast Market Size by Country
ā€ƒā€ƒ13.8.1 China
ā€ƒā€ƒ13.8.2 India
ā€ƒā€ƒ13.8.3 Japan
ā€ƒā€ƒ13.8.4 Singapore
ā€ƒā€ƒ13.8.5 Australia
ā€ƒā€ƒ13.8.6 New Zealand
ā€ƒā€ƒ13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ14.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.2 Impact of Covid-19
ā€ƒ14.3 Key Players
ā€ƒ14.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.4 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ14.4.1 Compressed Gas Systems
ā€ƒā€ƒ14.4.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ14.4.3 Liquid Oxygen Systems
ā€ƒ14.5 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ14.5.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ14.5.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ14.5.3 Pulse Mode Delivery
ā€ƒ14.6 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ14.6.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ14.6.2 Portable Oxygen Concentrators
ā€ƒ14.7 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ14.7.1 Primary Healthcare
ā€ƒā€ƒ14.7.2 General & Specialized Hospitals
ā€ƒā€ƒ14.7.3 Emergency Transports
ā€ƒā€ƒ14.7.4 Outpatient Units
ā€ƒ14.8 Historic and Forecast Market Size by Country
ā€ƒā€ƒ14.8.1 Turkey
ā€ƒā€ƒ14.8.2 Saudi Arabia
ā€ƒā€ƒ14.8.3 Iran
ā€ƒā€ƒ14.8.4 UAE
ā€ƒā€ƒ14.8.5 Africa
ā€ƒā€ƒ14.8.6 Rest of MEA

Chapter 15: South America Medical Grade Oxygen Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ15.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ15.2 Impact of Covid-19
ā€ƒ15.3 Key Players
ā€ƒ15.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ15.4 Historic and Forecasted Market Size By Product Type
ā€ƒā€ƒ15.4.1 Compressed Gas Systems
ā€ƒā€ƒ15.4.2 Portable Oxygen Concentrator Systems (POCs)
ā€ƒā€ƒ15.4.3 Liquid Oxygen Systems
ā€ƒ15.5 Historic and Forecasted Market Size By Delivery Type
ā€ƒā€ƒ15.5.1 Oxygen Delivery In Oxygen Concentrators
ā€ƒā€ƒ15.5.2 Continuous Flow Dose Delivery
ā€ƒā€ƒ15.5.3 Pulse Mode Delivery
ā€ƒ15.6 Historic and Forecasted Market Size By Indication
ā€ƒā€ƒ15.6.1 Stationary Oxygen Concentrators
ā€ƒā€ƒ15.6.2 Portable Oxygen Concentrators
ā€ƒ15.7 Historic and Forecasted Market Size By End User
ā€ƒā€ƒ15.7.1 Primary Healthcare
ā€ƒā€ƒ15.7.2 General & Specialized Hospitals
ā€ƒā€ƒ15.7.3 Emergency Transports
ā€ƒā€ƒ15.7.4 Outpatient Units
ā€ƒ15.8 Historic and Forecast Market Size by Country
ā€ƒā€ƒ15.8.1 Brazil
ā€ƒā€ƒ15.8.2 Argentina
ā€ƒā€ƒ15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Medical Grade Oxygen Market

Base Year:

2023

Forecast Period:

2023-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 9.65 Bn.

Forecast Period 2024-3 CAGR:

7.5%

Market Size in 2032:

USD 18.5 Bn.

Segments Covered:

By Product Type

  • Compressed gas systems
  • Portable oxygen concentrator systems (POCs)
  • Liquid oxygen systems

By Delivery type

  • Oxygen Delivery In Oxygen Concentrators
  • Continuous Flow Dose Deliver
  • Pulse Mode Delivery

By Indication

  • Stationary Oxygen Concentrators
  • Portable Oxygen Concentrators

By End User

  • General and Specialized Hospitals
  • Emergency Transports
  • Outpatient Units
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • An Increase in Daily Exposure to Environmental Pollution

Key Market Restraints:

  • Insufficient and Delayed Supply of Oxygen

Key Opportunities:

  • Rapidly Increasing Number Of Geriatric Population With Respiratory Diseases

Companies Covered in the report:

  • Invacare Corporation, Inogen Inc., CAIRE Inc., O2 CONCEPTS LLC, OxyGo, LLC, Precision Medical, Inc., Drive DeVilbiss Healthcare, and Other Active Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MEDICAL GRADE OXYGEN MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MEDICAL GRADE OXYGEN MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MEDICAL GRADE OXYGEN MARKET COMPETITIVE RIVALRY
TABLE 005. MEDICAL GRADE OXYGEN MARKET THREAT OF NEW ENTRANTS
TABLE 006. MEDICAL GRADE OXYGEN MARKET THREAT OF SUBSTITUTES
TABLE 007. MEDICAL GRADE OXYGEN MARKET BY PRODUCT TYPE
TABLE 008. COMPRESSED GAS SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 009. PORTABLE OXYGEN CONCENTRATOR SYSTEMS (POCS) MARKET OVERVIEW (2016-2028)
TABLE 010. LIQUID OXYGEN SYSTEMS MARKET OVERVIEW (2016-2028)
TABLE 011. MEDICAL GRADE OXYGEN MARKET BY DELIVERY TYPE
TABLE 012. OXYGEN DELIVERY IN OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
TABLE 013. CONTINUOUS FLOW DOSE DELIVERY MARKET OVERVIEW (2016-2028)
TABLE 014. PULSE MODE DELIVERY MARKET OVERVIEW (2016-2028)
TABLE 015. MEDICAL GRADE OXYGEN MARKET BY INDICATION
TABLE 016. STATIONARY OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
TABLE 017. PORTABLE OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
TABLE 018. MEDICAL GRADE OXYGEN MARKET BY END USER
TABLE 019. PRIMARY HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 020. GENERAL & SPECIALIZED HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 021. EMERGENCY TRANSPORTS MARKET OVERVIEW (2016-2028)
TABLE 022. OUTPATIENT UNITS MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. NORTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY DELIVERY TYPE (2016-2028)
TABLE 025. NORTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY INDICATION (2016-2028)
TABLE 026. NORTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY END USER (2016-2028)
TABLE 027. N MEDICAL GRADE OXYGEN MARKET, BY COUNTRY (2016-2028)
TABLE 028. EUROPE MEDICAL GRADE OXYGEN MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 029. EUROPE MEDICAL GRADE OXYGEN MARKET, BY DELIVERY TYPE (2016-2028)
TABLE 030. EUROPE MEDICAL GRADE OXYGEN MARKET, BY INDICATION (2016-2028)
TABLE 031. EUROPE MEDICAL GRADE OXYGEN MARKET, BY END USER (2016-2028)
TABLE 032. MEDICAL GRADE OXYGEN MARKET, BY COUNTRY (2016-2028)
TABLE 033. ASIA PACIFIC MEDICAL GRADE OXYGEN MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 034. ASIA PACIFIC MEDICAL GRADE OXYGEN MARKET, BY DELIVERY TYPE (2016-2028)
TABLE 035. ASIA PACIFIC MEDICAL GRADE OXYGEN MARKET, BY INDICATION (2016-2028)
TABLE 036. ASIA PACIFIC MEDICAL GRADE OXYGEN MARKET, BY END USER (2016-2028)
TABLE 037. MEDICAL GRADE OXYGEN MARKET, BY COUNTRY (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA MEDICAL GRADE OXYGEN MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA MEDICAL GRADE OXYGEN MARKET, BY DELIVERY TYPE (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA MEDICAL GRADE OXYGEN MARKET, BY INDICATION (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA MEDICAL GRADE OXYGEN MARKET, BY END USER (2016-2028)
TABLE 042. MEDICAL GRADE OXYGEN MARKET, BY COUNTRY (2016-2028)
TABLE 043. SOUTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 044. SOUTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY DELIVERY TYPE (2016-2028)
TABLE 045. SOUTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY INDICATION (2016-2028)
TABLE 046. SOUTH AMERICA MEDICAL GRADE OXYGEN MARKET, BY END USER (2016-2028)
TABLE 047. MEDICAL GRADE OXYGEN MARKET, BY COUNTRY (2016-2028)
TABLE 048. MEDTRONIC (IRELAND): SNAPSHOT
TABLE 049. MEDTRONIC (IRELAND): BUSINESS PERFORMANCE
TABLE 050. MEDTRONIC (IRELAND): PRODUCT PORTFOLIO
TABLE 051. MEDTRONIC (IRELAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. DEVILBISS HEALTHCARE LLC (U.S.): SNAPSHOT
TABLE 052. DEVILBISS HEALTHCARE LLC (U.S.): BUSINESS PERFORMANCE
TABLE 053. DEVILBISS HEALTHCARE LLC (U.S.): PRODUCT PORTFOLIO
TABLE 054. DEVILBISS HEALTHCARE LLC (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. MESSER GROUP GMBH (GERMANY): SNAPSHOT
TABLE 055. MESSER GROUP GMBH (GERMANY): BUSINESS PERFORMANCE
TABLE 056. MESSER GROUP GMBH (GERMANY): PRODUCT PORTFOLIO
TABLE 057. MESSER GROUP GMBH (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. PHILIPS HEALTHCARE (NETHERLANDS): SNAPSHOT
TABLE 058. PHILIPS HEALTHCARE (NETHERLANDS): BUSINESS PERFORMANCE
TABLE 059. PHILIPS HEALTHCARE (NETHERLANDS): PRODUCT PORTFOLIO
TABLE 060. PHILIPS HEALTHCARE (NETHERLANDS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. INVACARE CORPORATION (U.S.): SNAPSHOT
TABLE 061. INVACARE CORPORATION (U.S.): BUSINESS PERFORMANCE
TABLE 062. INVACARE CORPORATION (U.S.): PRODUCT PORTFOLIO
TABLE 063. INVACARE CORPORATION (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. AIR PRODUCTS (U.S.): SNAPSHOT
TABLE 064. AIR PRODUCTS (U.S.): BUSINESS PERFORMANCE
TABLE 065. AIR PRODUCTS (U.S.): PRODUCT PORTFOLIO
TABLE 066. AIR PRODUCTS (U.S.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. LINDE PLC (IRELAND): SNAPSHOT
TABLE 067. LINDE PLC (IRELAND): BUSINESS PERFORMANCE
TABLE 068. LINDE PLC (IRELAND): PRODUCT PORTFOLIO
TABLE 069. LINDE PLC (IRELAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. GULF CRYO SAUDI FOR INDUSTRIAL & MEDICAL GASES (U.A.E.): SNAPSHOT
TABLE 070. GULF CRYO SAUDI FOR INDUSTRIAL & MEDICAL GASES (U.A.E.): BUSINESS PERFORMANCE
TABLE 071. GULF CRYO SAUDI FOR INDUSTRIAL & MEDICAL GASES (U.A.E.): PRODUCT PORTFOLIO
TABLE 072. GULF CRYO SAUDI FOR INDUSTRIAL & MEDICAL GASES (U.A.E.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. NIDEK MEDICAL (INDIA): SNAPSHOT
TABLE 073. NIDEK MEDICAL (INDIA): BUSINESS PERFORMANCE
TABLE 074. NIDEK MEDICAL (INDIA): PRODUCT PORTFOLIO
TABLE 075. NIDEK MEDICAL (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. TERUMO MEDICAL CORPORATION (JAPAN): SNAPSHOT
TABLE 076. TERUMO MEDICAL CORPORATION (JAPAN): BUSINESS PERFORMANCE
TABLE 077. TERUMO MEDICAL CORPORATION (JAPAN): PRODUCT PORTFOLIO
TABLE 078. TERUMO MEDICAL CORPORATION (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. ORIENTMED INTERNATIONAL (U.A.E.): SNAPSHOT
TABLE 079. ORIENTMED INTERNATIONAL (U.A.E.): BUSINESS PERFORMANCE
TABLE 080. ORIENTMED INTERNATIONAL (U.A.E.): PRODUCT PORTFOLIO
TABLE 081. ORIENTMED INTERNATIONAL (U.A.E.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. JACKO GASES COMPANY (SAUDI ARABIA): SNAPSHOT
TABLE 082. JACKO GASES COMPANY (SAUDI ARABIA): BUSINESS PERFORMANCE
TABLE 083. JACKO GASES COMPANY (SAUDI ARABIA): PRODUCT PORTFOLIO
TABLE 084. JACKO GASES COMPANY (SAUDI ARABIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. OTHER MAJOR PLAYERS.: SNAPSHOT
TABLE 085. OTHER MAJOR PLAYERS.: BUSINESS PERFORMANCE
TABLE 086. OTHER MAJOR PLAYERS.: PRODUCT PORTFOLIO
TABLE 087. OTHER MAJOR PLAYERS.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MEDICAL GRADE OXYGEN MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MEDICAL GRADE OXYGEN MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. COMPRESSED GAS SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 013. PORTABLE OXYGEN CONCENTRATOR SYSTEMS (POCS) MARKET OVERVIEW (2016-2028)
FIGURE 014. LIQUID OXYGEN SYSTEMS MARKET OVERVIEW (2016-2028)
FIGURE 015. MEDICAL GRADE OXYGEN MARKET OVERVIEW BY DELIVERY TYPE
FIGURE 016. OXYGEN DELIVERY IN OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
FIGURE 017. CONTINUOUS FLOW DOSE DELIVERY MARKET OVERVIEW (2016-2028)
FIGURE 018. PULSE MODE DELIVERY MARKET OVERVIEW (2016-2028)
FIGURE 019. MEDICAL GRADE OXYGEN MARKET OVERVIEW BY INDICATION
FIGURE 020. STATIONARY OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
FIGURE 021. PORTABLE OXYGEN CONCENTRATORS MARKET OVERVIEW (2016-2028)
FIGURE 022. MEDICAL GRADE OXYGEN MARKET OVERVIEW BY END USER
FIGURE 023. PRIMARY HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 024. GENERAL & SPECIALIZED HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 025. EMERGENCY TRANSPORTS MARKET OVERVIEW (2016-2028)
FIGURE 026. OUTPATIENT UNITS MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA MEDICAL GRADE OXYGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE MEDICAL GRADE OXYGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC MEDICAL GRADE OXYGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA MEDICAL GRADE OXYGEN MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA MEDICAL GRADE OXYGEN MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Medical Grade Oxygen Market research report?

The forecast period in the Medical Grade Oxygen Market research report is 2024-2032.

Who are the key players in the Medical Grade Oxygen Market?

Invacare Corporation, Inogen Inc., CAIRE Inc., O2 CONCEPTS LLC, OxyGo, LLC, Precision Medical, Inc., Drive DeVilbiss Healthcare, Airgas Inc, Medical Depot, Inc., Koninklijke Philips N.V., Linde plc, Chart Industries, GCE Group, Messer SE & Co. KGaA, Philips Healthcare, TECNO-GAZ SpA, Terumo Medical Corporation, NIDEK MEDICAL INDIA, OrientMEd International, Gulf Cryo Saudi for Industrial & Medical Gases, Jacko Gases Company and Other Active Players.

What are the segments of the Medical Grade Oxygen Market?

The Medical Grade Oxygen Market is segmented into Product Type, Delivery Type, Indication, End User, and region. By Product Type, the market is categorized into compressed gas systems. Portable oxygen concentrator systems (POCs), Liquid oxygen systems, and others. By Delivery type, the market is categorized into Oxygen Delivery in Oxygen Concentrators, Continuous Flow Dose Delivery, and Pulse Mode Delivery. By Indication, the Market is categorized into Stationary Oxygen Concentrators and Portable Oxygen Concentrators. By End-user the Market is categorized into General and Specialized Hospitals, Emergency Transports, and Outpatient Units. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Medical Grade Oxygen Market?

The global medical-grade oxygen market encompasses the production, distribution, and utilization of oxygen specifically designed for medical applications. This market is integral to healthcare systems worldwide, supporting various medical procedures, treatments, and life-saving interventions.

How big is the Medical Grade Oxygen Market?

Medical Grade Oxygen Market Size Was Valued at USD 9.65 Billion in 2023, and is Projected to Reach USD 18.5 Billion by 2032, Growing at a CAGR of 7.5% From 2024-2032.