Global Oxygen Delivery Systems Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 12,949.38 Million |
Market Size (Forecast Year) |
USD 21,111.31 Million |
CAGR |
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Major Markets Players |
Global Oxygen Delivery Systems Market, By Application (Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis and Pneumonia), Type (Oxygen Masks, Nasal Cannula, Venturi Mask, Non-rebreather Masks, Bag Valve Mask, CPAP Masks and Others), End-User (Hospitals, Clinics, Rehab Centers and Home Healthcare), Product Type (Compressed Oxygen, Liquid Oxygen and Oxygen Concentrates) – Industry Trends and Forecast to 2029.
Oxygen Delivery Systems Market Analysis and Size
Oxygen delivery systems are used in both chronic and acute patient care. Most patients admitted to the emergency room, ICU, or ICCU with respiratory distress are routinely given oxygen. The overall goal of providing oxygen therapy via oxygen delivery systems is to maintain adequate tissue oxygenation while minimizing cardiopulmonary work. In the case of patients with severe cardiopulmonary disorders, oxygen therapy using oxygen delivery systems is very common.
Data Bridge Market Research analyses that the oxygen delivery systems market which was USD 12,949.38 million in 2021, is expected to reach USD 21111.31 million by 2029, at a CAGR of 6.3% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Oxygen Delivery Systems Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Application (Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis and Pneumonia), Type (Oxygen Masks, Nasal Cannula, Venturi Mask, Non-rebreather Masks, Bag Valve Mask, CPAP Masks and Others), End-User (Hospitals, Clinics, Rehab Centers and Home Healthcare), Product Type (Compressed Oxygen, Liquid Oxygen and Oxygen Concentrates) |
Countries Covered |
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. |
Market Players Covered |
Linde plc (Ireland) , Invacare Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Chart Industries, Inc. (U.S.), Bd (U.S.), Teleflex Incorporated (U.S.), ICU Medical, Inc. (U.S.), Fisher & Paykel Healthcare Limited (New Zealand), Drägerwerk AG & Co. KGaA (Germany), Inogen, Inc. (U.S.), Messer Medical (Germany), HERSILL (Spain), GCE (Sweden), Allied Healthcare Products Inc. (U.S.), Respan Products (Canada) and Drive DeVilbiss International (U.S.) |
Market Opportunities |
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Market Definition
A device used to help, regulate, and supplement oxygen to patients in order to increase arterial oxygenation is known as an oxygen delivery system. Oxygen delivery systems provide oxygen therapy, which involves the administration of oxygen at concentrations higher than those found in the surrounding air. Both chronic and acute patient care make use of oxygen delivery systems. The majority of patients with respiratory distress who are admitted to the emergency room, ICU, or ICCU are routinely given oxygen.
Global Oxygen Delivery Systems Market Dynamics
Drivers
- Increase in the prevalence of diseases
Increase in the prevalence of diseases such as obesity, hypertension, chronic obstructive pulmonary disease (COPD), asthma, respiratory distress syndrome, pneumonia, cystic fibrosis and associated complications in cardiac arrest and diabetes will propel the market growth of oxygen delivery systems.
Furthermore, factors such as increased hospital administration cases, developed healthcare infrastructure, increased awareness of sleep apnea, developed emergency medical aid facilities in small establishments, and expanded insurance coverage globally boost the market.
- Surging volume of patients suffering from obesity issues
Obesity can cause hypoxemia by reducing lung volumes to the point where lung units close during normal breathing. Fluid overload is common in heart failure (HF) patients and obesity. However, the relationship between the extent of intravascular volume expansion and indices such as body mass index (BMI) in obese and non-obese patients with HF has not been defined in order to address the issue of an HF obesity phenotype. These are the factors that propel the growth of market.
Opportunities
- Surging prevalence of respiratory disorders
The most significant factors driving this market's growth are the increasing prevalence of chronic obstructive pulmonary disease (COPD) and other respiratory disorders such as sleep apnea, acute lung injury, and hypoxemia. The increasing number of preterm births and rapid growth in the geriatric population are also expected to accelerate the market's overall growth. Moreover, the high prevalence of tobacco smoking which leads to respiratory disease will boost the growth of the market.
Restraints/Challenges
- Stringent government regulations
Stringent government regulations and slow penetration rate of advanced medical system are acting as market restraints for the growth of the oxygen delivery systems during the forecast period.
This oxygen delivery systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oxygen delivery systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Oxygen Delivery Systems Market
COVID-19 had a huge effect on health systems, with hospitals in many low-income countries running out of oxygen, resulting in avoidable deaths and families of hospitalized patients paying a premium for scarce oxygen supplies. More than 500,000 people in LMICs are estimated to require 1.1 million cylinders of oxygen per day, with 25 countries reporting surges in demand, the majority of which are in Africa. This supply was already constrained before COVID-19, and the pandemic has worsened the situation.
Despite being critical for the effective treatment of hospitalized COVID-19 patients, access to oxygen in LMICs is limited due to cost, infrastructure, and logistical barriers. Health-care facilities frequently lack access to oxygen, resulting in unnecessary deaths.
Global Oxygen Delivery Systems Market Scope
The oxygen delivery systems market is segmented on the basis of application, type, end-user and product type. 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.
Application
- Chronic Obstructive Pulmonary Disease
- Asthma
- Obstructive Sleep Apnea
- Respiratory Distress Syndrome
- Cystic Fibrosis and Pneumonia
Type
- Oxygen Masks
- Nasal Cannula
- Venturi Mask
- Non-rebreather Masks
- Bag Valve Mask
- CPAP Masks
- Others
End-User
- Hospitals
- Clinics
- Rehab Centers
- Home Healthcare
Product Type
- Compressed Oxygen
- Liquid Oxygen
- Oxygen Concentrates
Oxygen Delivery Systems Market Regional Analysis/Insights
The oxygen delivery systems market is analysed and market size insights and trends are provided by country, application, type, end-user and product type as referenced above.
The countries covered in the oxygen delivery systems 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 dominates the oxygen delivery systems market due to the major share of revenue and will maintain its position in the forecast period, increasing healthcare awareness of sleep apnea, rising disposable incomes.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the improving healthcare infrastructure, economic growth favoured by broadening insurance coverage.
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.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The oxygen delivery systems market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for oxygen delivery systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the oxygen delivery systems market. The data is available for historic period 2010-2020.
Competitive Landscape and Oxygen Delivery Systems Market Share Analysis
The oxygen delivery systems 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 oxygen delivery systems market.
Some of the major players operating in the oxygen delivery systems market are:
- Linde plc (Ireland)
- Invacare Corporation (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Chart Industries, Inc. (U.S.)
- BD (U.S.)
- Teleflex Incorporated (U.S.)
- ICU Medical, Inc. (U.S.)
- Fisher & Paykel Healthcare Limited (New Zealand)
- Drägerwerk AG & Co. KGaA (Germany)
- Inogen, Inc. (U.S.)
- Messer Medical (Germany)
- HERSILL (Spain)
- GCE (Sweden)
- Allied Healthcare Products Inc. (U.S.)
- Respan Products (Canada)
- Drive DeVilbiss International (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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