Oxygen Therapy Equipment Market to Grow with a CAGR of 6.20% through 2030

Surge In the Latest Oxygen Therapy Solutions and Increase in Tobacco Smoking are expected to drive the Global Oxygen Therapy Equipment Market growth in the forecast period, 2026-2030

According to TechSci Research report, “Oxygen Therapy Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Oxygen Therapy Equipment Market stood at USD 12.31 Billion in 2024 and is anticipated to grow with a CAGR of 6.20% in the forecast period.

The global oxygen therapy equipment market is experiencing sustained growth, fueled by several high-impact factors. Chief among them is the rising incidence of chronic respiratory diseases such as COPD, asthma, and sleep apnea particularly in aging populations across advanced economies including the United States, Germany, and Japan. These regions are also seeing a surge in demand for home-based healthcare solutions, further accelerating the adoption of oxygen therapy devices. Technological innovation remains a core growth driver, with continuous advancements in oxygen delivery systems such as precision flow regulators and intelligent monitoring features enhancing clinical efficiency and patient compliance.

The market is being shaped by macro-level trends including increased urbanization, worsening air quality, and higher per capita healthcare spending, all of which contribute to a growing patient base requiring long-term respiratory support. The post-COVID-19 emphasis on critical care infrastructure and non-invasive treatment options has further cemented the role of oxygen therapy in modern healthcare delivery. However, the industry faces headwinds from stringent regulatory frameworks that can delay product approvals, as well as competitive pricing pressure from low-cost local manufacturers. Despite these challenges, the expanding global burden of respiratory illness and rapid advancements in medical technology continue to present robust opportunities for market players across both developed and emerging markets..

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Oxygen Therapy Equipment Market.”

 The Global Oxygen Therapy Equipment Market is segmented into product type, mobility, application, end user, regional distribution, and company.

Based on product type, Oxygen Source Equipment was projected to be the dominant segment in terms of market share during the forecast period. Oxygen source equipment is foundational across diverse use cases, from emergency care to chronic disease management, making it the primary revenue generator for manufacturers. The global shift toward home healthcare, particularly in high-income regions, has further amplified demand for portable concentrators and compact liquid oxygen systems. Technological advancements such as pulse-dose regulation, extended battery life, and Bluetooth-enabled monitoring systems have enhanced product value, pushing this segment ahead of oxygen delivery devices in terms of market influence.

Based on region, The Asia Pacific region is positioned to register the fastest growth in the global oxygen therapy equipment market, driven by a convergence of demographic, economic, and healthcare system developments. Key contributing factors include a rapidly expanding population base, a sharp rise in respiratory illnesses such as COPD, asthma, and tuberculosis, and growing exposure to air pollution and smoking-related health risks. Countries like China, India, Indonesia, and Vietnam are witnessing a surge in the number of patients requiring long-term oxygen therapy, particularly within aging and underserved rural populations. The region is undergoing a significant transformation in healthcare infrastructure, with governments and private players increasing investment in both critical care facilities and home healthcare solutions. Public health campaigns, rising health awareness, and a push for universal healthcare access are further boosting demand for respiratory care technologies. As a result, oxygen therapy devices especially oxygen concentrators and low-cost delivery systems are seeing accelerated adoption. 

Major companies operating in Global Oxygen Therapy Equipment Market are:

• Allied Healthcare Products, Inc.
• CAIRE Inc.
• DeVilbiss Healthcare
• Fisher & Paykel Healthcare Limited
• Inogen Inc.
• Invacare Corporation
• Koninklijke Philips N.V.
• Smith’s Medical, Inc.
• Taiyo Nippon Sanso Corporation
• Linde Healthcare

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“The increasing prevalence of various respiratory disorders, such as pneumonia, cystic fibrosis, asthma, dysplasia, and sleep apnea, worldwide, is a key driver for market growth. Oxygen therapy is crucial for improving the transfer of oxygen from alveoli to the blood, cell metabolism, and tissue oxygenation, which are vital for normal physiological functioning. Moreover, the growing consumption of nicotine and tobacco products, coupled with the rising geriatric population, which is more susceptible to such ailments, is propelling market growth. Additionally, the development of cost-effective, rapid, and accurate oxygen therapy devices, along with the increasing preference for oxygen therapy among healthcare professionals and patients, is fostering a positive market outlook. Furthermore, factors such as rising healthcare expenditure capacities and extensive research and development (R&D) activities are expected to further drive market growth.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Oxygen Therapy Equipment Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Product Type (Oxygen Source Equipment {Oxygen Cylinders, Oxygen Concentrators, Liquid Oxygen Devices, Others}, Oxygen Delivery Devices {Oxygen Masks, Nasal Cannula, Non-Rebreather Masks, Others}), By Mobility (Stationary, Portable), By Application (COPD, Lung Cancer, Pneumonia, COVID-19, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Homecare, Others), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of Global Oxygen Therapy Equipment Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Oxygen Therapy Equipment Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com