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1372871

氧氣治療設備市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測,按產品類型、移動性、按應用、最終用戶、地區和競爭細分

Oxygen Therapy Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type, Mobility, By Application, By End User, By Region and Competition

出版日期: | 出版商: TechSci Research | 英文 190 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022年,全球氧氣治療設備市場估值達到108.3億美元,預計在預測期內將呈現令人印象深刻的成長,到2028年保持6.22%的大幅年複合成長率(CAGR)。氧療是對於需要維持足夠氧氣水平的個體來說,這是一種關鍵的治療方法。它通常用於治療氣喘、慢性阻塞性肺病 (COPD)、睡眠呼吸中止症和其他以患者供氧不足為特徵的疾病。

患者可以根據自己的具體需求接受各種類型的氧氣治療,包括氧氣機、液態氧和高壓氧治療。氧氣治療作為一種醫療干涉措施,利用氧氣對急性或慢性患者進行護理,在支持多種細胞代謝過程和透過組織氧合促進最佳生理功能方面發揮關鍵作用。

當血氧水平低於所需閾值時,需要進行氧氣治療。它可以透過一系列方法進行給藥,包括鼻腔輸送到在封閉迴路境中進行的高壓氧治療。呼吸系統由肺、鼻道和氣管組成,促進呼吸過程。空氣經由鼻子或嘴巴進入身體,並經由氣管,經由支氣管到達肺部。氧療設備是一種可靠的設備,可確保持續供應富氧空氣。這些設備有效過濾環境空氣,去除灰塵、細菌和其他粒狀物,從而確保輸送氧氣的純度。

市場概況
預測期 2024-2028
2022 年市場規模 108.3億美元
2028 年市場規模 156.3億美元
2023-2028 年年複合成長率 6.22%
成長最快的細分市場 攜帶的
最大的市場 北美洲

主要市場促進因素

最新氧氣治療解決方案激增

對最小型、最耐用的攜帶式氧氣解決方案的需求正在上升。患者擴大尋求不僅結構緊湊、持久且易於攜帶的氧氣治療選擇。這種偏好源自於他們希望避免拖著笨重的氧氣裝置的負擔。幸運的是,近年來,節氧方法和鋰離子電池技術取得了顯著進步,特別是在電池壽命的提高方面。

吸煙人數增加

吸煙人數的增加預計將增加對氧氣治療設備的需求,因為與吸煙相關的健康問題仍然是全球主要的公共衛生問題。吸菸是各種呼吸系統疾病的主要原因,包括慢性阻塞性肺病 (COPD) 和肺癌,這些疾病通常需要氧氣治療作為治療和管理計劃的一部分。

慢性阻塞性肺病是一種通常與吸菸有關的進行性肺部疾病,會嚴重影響一個人有效呼吸的能力。隨著病情惡化,個體經常會出現缺氧的情況,需要補充氧氣治療以維持足夠的血氧水平。隨著吸菸導致的慢性阻塞性肺病病例數量不斷增加,對制氧機、攜帶式氧氣罐和其他氧氣輸送系統的需求不斷成長,以改善受影響個體的生活品質。

此外,吸菸是肺癌的重要危險因素,接受肺癌治療的患者可能還需要氧氣治療來控制症狀和副作用。由於吸煙習慣導致全球肺癌發病率持續上升,對氧氣濃縮器和氧氣面罩等氧氣治療設備的需求可能會隨之增加。與吸煙相關的健康狀況的增加凸顯了氧氣治療設備在管理和改善受影響個體的生活方面發揮的重要作用。隨著與吸煙相關的呼吸系統疾病繼續構成重大的全球健康挑戰,對氧氣治療設備的需求預計將成長,從而需要在這一關鍵醫療領域不斷進步和創新。

呼吸道疾病盛行率上升

呼吸系統疾病盛行率的上升預計將推動對氧氣治療設備的需求大幅增加,這標誌著現代醫療保健的一個重要方面。慢性阻塞性肺病 (COPD)、氣喘、肺炎和間質性肺病等呼吸系統疾病在全球範圍內呈上升趨勢,通常需要使用氧氣治療來控制症狀並改善患者的生活品質。

慢性阻塞性肺病等慢性呼吸道疾病已成為主要的公共衛生問題,特別是由於空氣污染、吸菸和人口老化等因素。慢性阻塞性肺病患者經常出現呼吸困難,需要補充氧氣以維持足夠的血氧水平。人口的成長導致對氧氣濃縮器、攜帶式氧氣罐和其他氧氣輸送系統的需求增加。

氣喘是另一種常見的呼吸系統疾病,影響著全世界數百萬人,嚴重的氣喘發作可能導致缺氧。在氣喘急性發作期間,氧氣治療對於穩定患者的病情通常至關重要,這進一步增加了對氧氣相關設備的需求。 COVID-19 大流行也凸顯了氧氣治療設備的重要性,因為世界各地的醫院都面臨嚴重呼吸道症狀患者的激增。這強調了醫療機構擁有足夠氧氣基礎設施的必要性,進一步強調了對氧氣濃縮器和呼吸器的需求。

此外,隨著醫療保健趨勢轉向家庭護理和遠距醫療,在家中管理慢性呼吸系統疾病的患者對攜帶式和方便用戶使用的氧療設備的需求正在增加。

氧氣治療技術進步

氧療領域的技術進步必將徹底改變醫療保健產業,推動氧療設備的需求空前激增。這些創新不僅提高了治療效果,也提高了患者的舒適度和可及性,從而重塑了呼吸照護的模式。

一項重大發展是攜帶式製氧機 (POC) 的普及,使患者可以在移動時自由地接受氧氣治療。這些輕巧緊湊的設備配備了先進的電池技術,可確保延長運行時間,並使患者能夠保持積極的生活方式,從而提高生活品質。隨著人口老化持續成長,對 POC 的需求預計將激增,因為它們使老年人能夠保持獨立並參與社區活動。

此外,遠距醫療和遠端監控解決方案已成為氧氣治療管理的強大工具。智慧感測器和無線連接的整合使醫療保健專業人員能夠遠端追蹤患者的氧氣水平,即時調整治療計劃,並在必要時提供即時支援。這不僅增強了患者的整體體驗,也減輕了醫療機構和工作人員的負擔。

主要市場挑戰

嚴格的監管指南

醫療保健產業嚴格的監管指南有可能大幅減少對氧氣治療設備的需求。雖然監管對於確保患者安全和治療效果至關重要,但過於複雜或繁重的監管環境可能會造成障礙,阻礙創新、推高成本並限制製造商和醫療保健提供者的市場准入。嚴格的監管流程可能會減緩新的和改進的氧氣治療設備推向市場的速度。這種延遲可能會產生嚴重後果,因為患者可能會錯過可能更有效的治療或提高生活品質的創新。由於法規核准的不確定性和複雜性,醫療保健提供者也可能不願採用新技術,進一步抑制需求。

此外,嚴格的指導方針可能會導致可用設備的選擇有限,從而減少行業內的競爭和創新。這種缺乏多樣性可能會導致患者和醫療保健專業人員的選擇減少,更難找到最能滿足個人需求的解決方案。雖然監管指南對於確保患者安全和治療效果至關重要,但過於嚴格的監管可能會造成障礙,減少對氧氣治療設備的需求。在監管和創新之間取得適當的平衡對於確保患者獲得最先進和負擔得起的呼吸護理解決方案至關重要。

頻繁的不良反應

氧氣治療的市場擴張受到其不利副作用的限制,這些副作用在用於治療時包括皮膚刺激和鼻腔乾燥。鼻子乾燥和皮膚刺激是氧氣治療最典型的兩種副作用。插管可能會摩擦皮膚並產生刺激。

此外,長時間暴露在高濃度氧氣中會導致氧中毒的風險增加,這不僅會嚴重損害肺部,還會嚴重損害其他器官系統。不適當或過量的補充氧氣可能會導致氧中毒,對肺功能和整體健康造成不利影響。這可能會導致肺部損傷並損害身體有效交換氣體的能力。

此外,氧氣治療可引起的肺部疾病範圍不僅限於輕微氣管支氣管炎,還包括廣泛的肺泡損傷。長期暴露於高濃度氧氣導致自由基的過度產生,會進一步導致肺損傷並阻礙氧療的整體效果。

考慮到這些因素,很明顯,與氧氣治療相關的副作用和潛在風險的存在可能會對氧療設備市場的擴張帶來挑戰。

主要市場趨勢

治療設備的技術進步

由於依賴氧氣治療設備 (OTD) 的呼吸系統疾病患者數量顯著增加,醫療機構面臨有效管理需要持續 OTD 支援的患者的巨大壓力。這種不斷成長的需求正在推動氧氣治療解決方案市場的發展。隨著穿戴式技術的不斷進步,隨著光電體積描記法 (PPG) 感測器和無線 5G 連接的顯著改進,預計用於氧療監測的**數位健康**資料傳輸趨勢將經歷快速成長。

PPG 是一種非侵入性設備,透過利用光源和放置在皮膚表面的光電探測器來精確測量血液循環中的體積波動。穿戴式 PPG 感測器可以舒適地安裝在特定的身體部位,例如指尖、耳垂和前額。此外,隨著遠距患者監護系統的使用和採用的增加,由於正確使用這些系統的指導,患者變得更加積極地參與自己的護理。這些進步和患者的參與為市場的成長和利潤帶來了光明的前景。

先進的攜帶式氧氣解決方案

攜帶式製氧機 (POC) 和輕型穿戴裝置將繼續發展。這些創新將使患者在接受氧氣治療的同時保持積極的生活方式甚至旅行,從而提高生活品質。 POC 將繼續變得更小、更輕,從而使其高度攜帶。這些設備將更容易放在背包中攜帶,甚至可以作為謹慎的配件佩戴。患者可以自由走動,而無需承受笨重設備的負擔。

電池技術將會進步,為 POC 提供更長的運行時間。這意味著患者可以使用更長的時間而無需充電或更換電池,從而使旅行和戶外活動更加實用。 POC 將具有無線連接選項,允許醫療保健提供者和護理人員進行遠端監控。可以傳輸有關氧氣水平和使用模式的即時資料,從而能夠及時調整治療計劃並提供更好的支援。這些進步將共同幫助患者過著更積極、更充實的生活,同時滿足他們的氧氣治療需求。憑藉更大的攜帶性、便利性和連結性,患者將能夠更好地保持積極的生活方式、旅行和參與各種活動,最終有助於改善呼吸系統疾病患者的生活品質。

細分市場洞察

移動洞察

基於行動領域,固定式氧氣治療設備預計將在攜帶性方面佔據市場主導地位。這主要是因為大量接受治療的患者只能臥床休息,使固定氧療設備市場成為整個預測期內市場收入最大化的主要驅動力和貢獻者。

這一類別的擴大可歸因於多種因素,包括人口基數的增加、有利的報銷政策以及患者流動性較低。因此,在住宅環境中對長期氧氣治療 (LTOT) 設備的需求增加,預計這將進一步增加預估期間對氧氣治療設備的整體需求。在住宅環境中使用 LTOT 設備不僅為患者提供了更多的便利性和舒適度,而且還有助於全面改善他們的生活品質。

應用洞察

根據應用程式,市場分為慢性阻塞性肺病 (COPD)、肺癌、肺炎、COVID-19 等。其中,由於慢性阻塞性肺病(COPD)在全球範圍內的盛行率不斷上升,其在市場上佔據最大佔有率。根據世界衛生組織 (WHO) 估計,目前約有 6,500 萬人患有慢性阻塞性肺病 (COPD),使其成為全球第五大死因。這項令人震驚的統計數據凸顯了對有效慢性阻塞性肺病治療的迫切需求,並在市場上創造了巨大的臨床需求,這反過來又促進了該領域公司的成長。隨著慢性阻塞性肺病(COPD)盛行率的不斷上升,人們越來越關注開發創新的治療解決方案來解決這種慢性呼吸系統疾病並改善受影響個體的生活品質。

區域洞察

在預測期內,北美預計將保持其在全球氧氣治療設備市場的主導地位。這是由於慢性阻塞性肺病、氣喘和一氧化碳中毒等呼吸系統疾病的盛行率不斷增加。此外,該地區 Covid-19 病例數量的增加預計將推動未來幾年對氧氣治療設備的需求。

此外,美國在全球氧療設備市場中佔有最大佔有率,這主要是由於其完善的醫療基礎設施以及先進的非侵入性患者監測技術的日益採用。此外,Koninklijke Philips NV、Invacare Corporation 和 Inogen, Inc. 等主要市場參與者的出現預計將進一步推動氧氣治療設備市場的發展。

考慮到各種因素,包括大量的患者群體和該地區新產品的推出,預計北美氧療設備市場在預測期內將顯著成長。

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
    • 涵蓋的市場
    • 研究年份
    • 主要市場區隔

第 2 章:研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章:執行摘要

  • 市場概況
  • 主要市場細分概述
  • 主要市場參與者概述
  • 重點地區/國家概況
  • 市場促進因素、挑戰、趨勢概述

第 4 章:客戶之聲

第 5 章:全球氧氣治療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型(氧氣來源設備與氧氣輸送設備)
    • 依移動性(固定式與攜帶式)
    • 按應用(COPD、肺癌、肺炎、COVID-19、其他)
    • 按最終使用者(醫院和診所、門診護理中心、家庭護理、其他)
    • 按地區
    • 按公司分類 (2022)
  • 市場地圖

第 6 章:北美氧氣治療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 透過流動性
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 7 章:歐洲氧氣治療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 透過流動性
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙

第 8 章:亞太氧療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 透過流動性
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 澳洲

第 9 章:南美洲氧氣治療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 透過流動性
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷
    • 哥倫比亞

第10章 :中東和非洲氧氣治療設備市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 透過流動性
    • 按應用
    • 按最終用戶
    • 按國家/地區
  • MEA:國家分析
    • 南非氧氣治療設備
    • 沙烏地阿拉伯氧氣治療設備
    • 阿拉伯聯合大公國氧氣治療設備

第 11 章:市場動態

  • 促進要素
  • 挑戰

第 12 章:市場趨勢與發展

  • 近期發展
  • 併購
  • 產品發布

第 13 章:全球氧氣治療設備市場:SWOT 分析

第 14 章:波特的五力分析

  • 產業競爭
  • 新進入者的潛力
  • 供應商的力量
  • 客戶的力量
  • 替代產品的威脅

第15章:競爭格局

  • 商業概覽
  • 服務內容
  • 最近的發展
  • 主要人員
  • SWOT分析
    • Allied Healthcare Products, Inc.
    • CAIRE Inc.
    • DeVilbiss Healthcare
    • Fisher & Paykel Healthcare Limited
    • Inogen Inc.
    • Invacare Corporation
    • Koninklijke Philips NV,
    • Smiths Medical, Inc.
    • Taiyo Nippon Sanso Corporation
    • Linde Healthcare

第 16 章:策略建議

第 17 章:關於我們與免責聲明

簡介目錄
Product Code: 7565

In 2022, the Global Oxygen Therapy Equipment Market reached a valuation of USD 10.83 Billion, and it is poised to exhibit impressive growth during the forecast period, maintaining a substantial Compound Annual Growth Rate (CAGR) of 6.22% through 2028. Oxygen therapy stands as a pivotal treatment approach for individuals in need of maintaining adequate oxygen levels. It is commonly employed in the management of conditions such as asthma, Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, and other scenarios characterized by insufficient oxygen supply to patients.

Patients can access various types of oxygen therapy based on their specific requirements, including oxygen concentrators, liquid oxygen, and hyperbaric oxygen therapy. Oxygen therapy, as a medical intervention, harnesses oxygen gas to administer acute or chronic patient care, playing a critical role in supporting diverse cellular metabolic processes and promoting optimal physiological function through tissue oxygenation.

Oxygen therapy becomes necessary when blood oxygen levels are below the required threshold. It can be administered through a range of methods, encompassing nasal delivery to hyperbaric oxygen therapy conducted within a closed environment. The respiratory system, comprising the lungs, nasal passages, and windpipe, facilitates the process of respiration. Air enters the body through the nose or mouth and travels through the windpipe, reaching the lungs via the bronchi. Oxygen therapy equipment serves as a dependable device that ensures a consistent supply of oxygen-enriched air. These devices effectively filter ambient air, removing dust, bacteria, and other particulates, thereby ensuring the purity of the delivered oxygen.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 10.83 Billion
Market Size 2028USD 15.63 Billion
CAGR 2023-20286.22%
Fastest Growing SegmentPortable
Largest MarketNorth America

Key Market Drivers

Surge In the Latest Oxygen Therapy Solutions

The demand for the most minor, durable portable oxygen solutions is rising. Patients are increasingly seeking oxygen therapy options that are not only compact and long-lasting but also easy to carry. This preference arises from their desire to avoid the burden of lugging around a heavy and cumbersome oxygen device. Fortunately, recent years have witnessed significant advancements in oxygen-conserving methods and lithium-ion battery technology, particularly in terms of battery life improvement.

The latest versions of portable oxygen concentrators weigh a mere 5-7 pounds. These lightweight devices can provide oxygen therapy for extended periods, ranging from 8 to 13 hours, depending on the litre flow settings chosen by each patient, after a single battery charge. The focus of manufacturers has also shifted towards developing silent compressor motors for these concentrators, thereby reducing noise pollution in small and confined spaces.

Moreover, the effective utilization of dosing technology has enabled portable oxygen concentrator manufacturers to enhance their products' performance features. This, in turn, has resulted in current designs that offer a longer lifespan beyond occasional use, making them more reliable and durable for a consistent five-year cycle. With these advancements and improvements, patients can now enjoy the benefits of portable oxygen therapy without compromising on convenience, reliability, and longevity.

Increase in Tobacco Smoking

The increase in tobacco smoking is expected to drive up the demand for oxygen therapy equipment, as smoking-related health issues continue to be a major public health concern worldwide. Smoking is a leading cause of various respiratory conditions, including chronic obstructive pulmonary disease (COPD) and lung cancer, which often necessitate oxygen therapy as part of the treatment and management plan.

COPD, a progressive lung disease commonly linked to smoking, can severely impact a person's ability to breathe efficiently. As the condition worsens, individuals often experience oxygen deficiency, requiring supplemental oxygen therapy to maintain adequate blood oxygen levels. With the rising number of COPD cases due to smoking, there is a growing need for oxygen concentrators, portable oxygen tanks, and other oxygen delivery systems to improve the quality of life for affected individuals.

Moreover, smoking is a significant risk factor for lung cancer, and patients undergoing lung cancer treatments may also require oxygen therapy to manage symptoms and side effects. As the global incidence of lung cancer continues to rise due to smoking habits, the demand for oxygen therapy equipment, such as oxygen concentrators and oxygen masks, is likely to increase in tandem. The increase in tobacco smoking-related health conditions underscores the vital role that oxygen therapy equipment plays in managing and improving the lives of affected individuals. As smoking-related respiratory diseases continue to pose a significant global health challenge, the demand for oxygen therapy equipment is expected to grow, necessitating ongoing advancements and innovations in this critical medical field.

Rising Prevalence of Respiratory Diseases

The rising prevalence of respiratory diseases is expected to drive a significant increase in the demand for oxygen therapy equipment, marking a crucial facet of modern healthcare. Respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, pneumonia, and interstitial lung diseases are on the rise globally, and they often necessitate the use of oxygen therapy to manage symptoms and improve patients' quality of life.

Chronic respiratory conditions like COPD have become a major public health concern, particularly due to factors such as air pollution, smoking, and an aging population. Patients with COPD often experience difficulty in breathing and require supplemental oxygen to maintain adequate blood oxygen levels. This growing demographic has led to an increased demand for oxygen concentrators, portable oxygen tanks, and other oxygen delivery systems.

Asthma, another common respiratory ailment, affects millions of people worldwide, and severe asthma attacks can lead to oxygen deprivation. Oxygen therapy is often crucial in stabilizing patients during acute asthma exacerbations, further contributing to the demand for oxygen-related equipment. The COVID-19 pandemic also highlighted the importance of oxygen therapy equipment as hospitals worldwide faced surges in patients with severe respiratory symptoms. This emphasized the necessity for having adequate oxygen infrastructure in healthcare facilities, further underscoring the demand for oxygen concentrators and ventilators.

Furthermore, as healthcare trends shift towards home-based care and telemedicine, the demand for portable and user-friendly oxygen therapy equipment for patients managing chronic respiratory conditions at home is increasing.

Technological Advancement in Oxygen Therapy

Technological advancements in the field of oxygen therapy are poised to revolutionize the healthcare industry, driving an unprecedented surge in the demand for oxygen therapy equipment. These innovations are not only improving the efficacy of treatment but also enhancing patient comfort and accessibility, thus reshaping the landscape of respiratory care.

One significant development is the proliferation of portable oxygen concentrators (POCs) that offer patients the freedom to receive oxygen therapy while on the move. These lightweight and compact devices are equipped with advanced battery technology, ensuring extended runtime, and they allow patients to maintain an active lifestyle, contributing to an increased quality of life. As the aging population continues to grow, the demand for POCs is expected to soar, as they enable seniors to remain independent and engaged in their communities.

Moreover, telemedicine and remote monitoring solutions have emerged as powerful tools in oxygen therapy management. The integration of smart sensors and wireless connectivity enables healthcare professionals to remotely track patients' oxygen levels, adjust treatment plans in real-time, and provide immediate support when necessary. This not only enhances the overall patient experience but also reduces the burden on healthcare facilities and staff.

Key Market Challenges

Stringent Regulatory Guidelines

Stringent regulatory guidelines in the healthcare industry have the potential to significantly decrease the demand for oxygen therapy equipment. While regulations are essential for ensuring patient safety and treatment efficacy, an excessively complex or burdensome regulatory environment can create obstacles that hinder innovation, drive up costs, and limit market access for manufacturers and healthcare providers. Rigorous regulatory processes can slow down the introduction of new and improved oxygen therapy equipment to the market. This delay can have serious consequences, as patients may miss out on potentially more effective treatments or innovations that enhance their quality of life. Healthcare providers may also be discouraged from adopting new technologies due to the uncertainties and complexities associated with regulatory approval, further stifling demand.

Additionally, stringent guidelines can lead to a limited selection of available equipment, reducing competition and innovation within the industry. This lack of variety can result in fewer options for patients and healthcare professionals, making it harder to find solutions that best meet individual needs. While regulatory guidelines are crucial for ensuring patient safety and treatment effectiveness, excessively stringent regulations can create barriers that diminish the demand for oxygen therapy equipment. Striking the right balance between regulation and innovation is essential to ensure that patients have access to the most advanced and affordable respiratory care solutions.

Frequent Adverse Effects

The market expansion for oxygen treatment is being constrained by their unfavorable side effects, which, when used therapeutically, include skin irritation and nasal dryness. Dryness of the nose and skin irritation are two of the most typical side effects of oxygen therapy. The cannula may rub against the skin and create irritation.

Moreover, prolonged exposure to high oxygen concentrations can lead to an increased risk of oxygen toxicity, which can seriously harm not only the lungs but also other organ systems. Inappropriate or excessive supplemental oxygen can result in oxygen toxicity, causing detrimental effects on lung function and overall health. This can potentially lead to lung injury and impair the body's ability to effectively exchange gases.

Additionally, the range of lung ailments that can be induced by oxygen therapy extends beyond minor tracheobronchitis to include widespread alveolar damage. The excessive production of free radicals due to long-term exposure to high oxygen concentrations can further contribute to lung injury and hinder the overall effectiveness of oxygen therapy.

Considering these factors, it becomes evident that the presence of such side effects and potential risks associated with oxygen therapy may pose challenges in the expansion of the oxygen therapy equipment market.

Key Market Trends

Technology Advancements in Therapeutic Equipment

Due to the significant increase in the number of individuals with respiratory conditions who rely on oxygen therapy devices (OTD), healthcare facilities are facing immense pressure to effectively manage patients who require constant OTD support. This growing demand is driving the market for oxygen therapy solutions. As wearable technology continues to advance, with notable improvements in Photoplethysmography (PPG) sensors and wireless 5G connectivity, it is expected that the trend of **digital health** data transfer for oxygen therapy monitoring will experience rapid growth.

PPG, a non-invasive device, accurately measures volumetric fluctuations in blood circulation by utilizing a light source and a photodetector placed on the skin's surface. Wearable PPG sensors can be comfortably accommodated on specific body parts such as fingertips, earlobes, and the forehead. Moreover, with the increasing utilization and adoption of remote patient monitoring systems, patients are becoming more actively engaged in their own care, thanks to proper instruction in the use of these systems. These advancements and patient involvement hold promising prospects for the market's growth and profitability.

Advanced Portable Oxygen Solutions

Portable oxygen concentrators (POCs) and lightweight, wearable devices will continue to evolve. These innovations will allow patients to receive oxygen therapy while maintaining an active lifestyle and even traveling, contributing to a better quality of life. POCs will continue to become smaller and lighter, making them highly portable. These devices will be easier to carry in backpacks or even wear as discreet accessories. Patients will have the freedom to move around without the burden of bulky equipment.

Battery technology will advance, providing POCs with longer runtime. This means patients can go longer periods without needing to recharge or replace their batteries, making travel and outdoor activities more practical. POCs will feature wireless connectivity options, allowing for remote monitoring by healthcare providers and caregivers. Real-time data on oxygen levels and usage patterns can be transmitted, enabling timely adjustments to treatment plans and better support. These advancements will collectively empower patients to lead more active and fulfilling lives while managing their oxygen therapy needs. With greater portability, convenience, and connectivity, patients will be better equipped to maintain an active lifestyle, travel, and participate in a wide range of activities, ultimately contributing to an improved quality of life for individuals with respiratory conditions.

Segmental Insights

Mobility Insights

Based on the mobility segment, the stationary oxygen therapy equipment devices is projected to dominate the market in terms of portability. This is primarily due to the fact that a significant number of patients receiving treatment are confined to beds, thus making the fixed oxygen therapy equipment market the key driver and contributor to maximum market revenue throughout the projection period.

The expansion of this category can be attributed to several factors, including a rising population base, favourable reimbursement policies, and a low mobility profile of patients. As a result, there is an increased demand for long-term oxygen therapy (LTOT) equipment in residential settings, which is expected to further boost the overall demand for oxygen therapy equipment over the projected period. The utilization of LTOT equipment in residential settings not only provides enhanced convenience and comfort for patients but also contributes to the overall improvement in their quality of life.

Application Insights

Based on the Application, the market is bifurcated into Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, COVID-19, and others. Among these, the Chronic Obstructive Pulmonary Disorder (COPD) segment dominates the market with the largest share, owing to the increasing prevalence of COPD worldwide. According to estimates by the World Health Organization (WHO), approximately 65 million individuals are currently suffering from COPD, making it the fifth-leading cause of death globally. This alarming statistic highlights the urgent need for effective COPD therapy and creates a significant clinical demand in the market, which in turn contributes to the growth of companies operating in this domain. With the rising prevalence of COPD, there is an increasing focus on developing innovative treatment solutions to address this chronic respiratory disorder and improve the quality of life for affected individuals.

Regional Insights

During the forecast period, North America is anticipated to maintain its dominance in the global oxygen therapy equipment market. This is attributed to the increasing prevalence of respiratory diseases like COPD, asthma, and carbon monoxide poisoning. Additionally, the rising number of Covid-19 cases in the region is expected to drive the demand for oxygen therapy equipment in the coming years.

Moreover, the United States holds the largest share in the global oxygen therapy equipment market, mainly due to its well-established healthcare infrastructure and the growing adoption of advanced non-invasive patient monitoring technologies. Furthermore, the presence of key market players such as Koninklijke Philips N.V., Invacare Corporation, and Inogen, Inc. is expected to further propel the oxygen therapy equipment market.

Considering various factors, including a sizable patient population and the introduction of new products in the region, the North American oxygen therapy equipment market is projected to witness significant growth during the forecast period.

Key Market Players

  • 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

Report Scope:

In this report, the Global Oxygen Therapy Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Oxygen Therapy Equipment Market, By Product Type:

  • Oxygen Source Equipment
  • Oxygen Delivery Devices

Oxygen Therapy Equipment Market, By Mobility:

  • Stationary
  • Portable

Oxygen Therapy Equipment Market, By Application:

  • COPD
  • Lung Cancer
  • Pneumonia
  • COVID-19
  • Others

Oxygen Therapy Equipment Market, By End User:

  • Hospitals & Clinics
  • Ambulatory Care Centres
  • Homecare
  • Others

Oxygen Therapy Equipment Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Oxygen Therapy Equipment Market.

Available Customizations:

  • Global Oxygen Therapy Equipment market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validations
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Oxygen Therapy Equipment Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Type (Oxygen Source Equipment v/s Oxygen Delivery Devices)
      • 5.2.1.1. By Oxygen Source Equipment (Oxygen Cylinders, Oxygen Concentrators, Liquid Oxygen Devices, Others)
      • 5.2.1.2. By Oxygen Delivery Devices (Oxygen Masks, Nasal Cannula, Non-Rebreather Masks, Others)
    • 5.2.2. By Mobility (Stationary v/s Portable)
    • 5.2.3. By Application (COPD, Lung Cancer, Pneumonia, COVID-19, Others)
    • 5.2.4. By End User (Hospitals & Clinics, Ambulatory Care Centers, Homecare, Others)
    • 5.2.5. By Region
    • 5.2.6. By Company (2022)
  • 5.3. Market Map

6. North America Oxygen Therapy Equipment Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Type
    • 6.2.2. By Mobility
    • 6.2.3. By Application
    • 6.2.4. By End User
    • 6.2.5. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Oxygen Therapy Equipment Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Product Type
        • 6.3.1.2.2. By Mobility
        • 6.3.1.2.3. By Application
        • 6.3.1.2.4. By End User
    • 6.3.2. Canada Oxygen Therapy Equipment Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Product Type
        • 6.3.2.2.2. By Mobility
        • 6.3.2.2.3. By Application
        • 6.3.2.2.4. By End User
    • 6.3.3. Mexico Oxygen Therapy Equipment Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Product Type
        • 6.3.3.2.2. By Mobility
        • 6.3.3.2.3. By Application
        • 6.3.3.2.4. By End User

7. Europe Oxygen Therapy Equipment Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Type
    • 7.2.2. By Mobility
    • 7.2.3. By Application
    • 7.2.4. By End User
    • 7.2.5. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Oxygen Therapy Equipment Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Product Type
        • 7.3.1.2.2. By Mobility
        • 7.3.1.2.3. By Application
        • 7.3.1.2.4. By End User
    • 7.3.2. United Kingdom Oxygen Therapy Equipment Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Product Type
        • 7.3.2.2.2. By Mobility
        • 7.3.2.2.3. By Application
        • 7.3.2.2.4. By End User
    • 7.3.3. Italy Oxygen Therapy Equipment Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecasty
        • 7.3.3.2.1. By Product Type
        • 7.3.3.2.2. By Mobility
        • 7.3.3.2.3. By Application
        • 7.3.3.2.4. By End User
    • 7.3.4. France Oxygen Therapy Equipment Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Product Type
        • 7.3.4.2.2. By Mobility
        • 7.3.4.2.3. By Application
        • 7.3.4.2.4. By End User
    • 7.3.5. Spain Oxygen Therapy Equipment Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Product Type
        • 7.3.5.2.2. By Mobility
        • 7.3.5.2.3. By Application
        • 7.3.5.2.4. By End User

8. Asia-Pacific Oxygen Therapy Equipment Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Type
    • 8.2.2. By Mobility
    • 8.2.3. By Application
    • 8.2.4. By End User
    • 8.2.5. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Oxygen Therapy Equipment Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Product Type
        • 8.3.1.2.2. By Mobility
        • 8.3.1.2.3. By Application
        • 8.3.1.2.4. By End User
    • 8.3.2. India Oxygen Therapy Equipment Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Product Type
        • 8.3.2.2.2. By Mobility
        • 8.3.2.2.3. By Application
        • 8.3.2.2.4. By End User
    • 8.3.3. Japan Oxygen Therapy Equipment Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Product Type
        • 8.3.3.2.2. By Mobility
        • 8.3.3.2.3. By Application
        • 8.3.3.2.4. By End User
    • 8.3.4. South Korea Oxygen Therapy Equipment Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Product Type
        • 8.3.4.2.2. By Mobility
        • 8.3.4.2.3. By Application
        • 8.3.4.2.4. By End User
    • 8.3.5. Australia Oxygen Therapy Equipment Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Product Type
        • 8.3.5.2.2. By Mobility
        • 8.3.5.2.3. By Application
        • 8.3.5.2.4. By End User

9. South America Oxygen Therapy Equipment Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Type
    • 9.2.2. By Mobility
    • 9.2.3. By Application
    • 9.2.4. By End User
    • 9.2.5. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Oxygen Therapy Equipment Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Product Type
        • 9.3.1.2.2. By Mobility
        • 9.3.1.2.3. By Application
        • 9.3.1.2.4. By End User
    • 9.3.2. Argentina Oxygen Therapy Equipment Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Product Type
        • 9.3.2.2.2. By Mobility
        • 9.3.2.2.3. By Application
        • 9.3.2.2.4. By End User
    • 9.3.3. Colombia Oxygen Therapy Equipment Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Product Type
        • 9.3.3.2.2. By Mobility
        • 9.3.3.2.3. By Application
        • 9.3.3.2.4. By End User

10. Middle East and Africa Oxygen Therapy Equipment Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Type
    • 10.2.2. By Mobility
    • 10.2.3. By Application
    • 10.2.4. By End User
    • 10.2.5. By Country
  • 10.3. MEA: Country Analysis
    • 10.3.1. South Africa Oxygen Therapy Equipment Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Product Type
        • 10.3.1.2.2. By Mobility
        • 10.3.1.2.3. By Application
        • 10.3.1.2.4. By End User
    • 10.3.2. Saudi Arabia Oxygen Therapy Equipment Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Product Type
        • 10.3.2.2.2. By Mobility
        • 10.3.2.2.3. By Application
        • 10.3.2.2.4. By End User
    • 10.3.3. UAE Oxygen Therapy Equipment Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Product Type
        • 10.3.3.2.2. By Mobility
        • 10.3.3.2.3. By Application
        • 10.3.3.2.4. By End User

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

  • 12.1. Recent Development
  • 12.2. Mergers & Acquisitions
  • 12.3. Product Launches

13. Global Oxygen Therapy Equipment Market: SWOT Analysis

14. Porter's Five Forces Analysis

  • 14.1. Competition in the Industry
  • 14.2. Potential of New Entrants
  • 14.3. Power of Suppliers
  • 14.4. Power of Customers
  • 14.5. Threat of Substitute Products

15. Competitive Landscape

  • 15.1. Business Overview
  • 15.2. Service Offerings
  • 15.3. Recent Developments
  • 15.4. Key Personnel
  • 15.5. SWOT Analysis
    • 15.5.1. Allied Healthcare Products, Inc.
    • 15.5.2. CAIRE Inc.
    • 15.5.3. DeVilbiss Healthcare
    • 15.5.4. Fisher & Paykel Healthcare Limited
    • 15.5.5. Inogen Inc.
    • 15.5.6. Invacare Corporation
    • 15.5.7. Koninklijke Philips N.V.,
    • 15.5.8. Smiths Medical, Inc.
    • 15.5.9. Taiyo Nippon Sanso Corporation
    • 15.5.10. Linde Healthcare

16. Strategic Recommendations

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