Oxygen Therapy Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Oxygen Therapy Market Size Analysis and Top Companies

The global oxygen therapy market size is estimated at to hit around USD 63.31 billion by 2033 from USD 39.51 billion in 2024 with a CAGR of 5.38% from 2024 tpo 2033. The top companies operating in the oxygen therapy market are Philips Healthcare, Linde Healthcare, Chart Industries, Inc., Invacare Corporation, Becton, Dickinson, and Company, Smiths Medical, Drägerwerk AG & Co. KGaA, Teleflex Incorporated, Fisher & Paykel Healthcare Corporation Limited, DeVilbiss Healthcare, HERSILL, S.L., GCE Holding AB and Others.

Market Scope

Report Coverage Details
Market Size in 2024 USD 39.51 Billion
Market Size by 2034 USD 66.72 Billion
Growth Rate from 2024 to 2034 CAGR of 5.38%
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered By Product, By Portability and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Oxygen Therapy Market Companies

  • Philips Healthcare
  • Linde Healthcare
  • Chart Industries, Inc.
  • Invacare Corporation
  • Becton, Dickinson, and Company
  • Smiths Medical
  • Drägerwerk AG & Co. KGaA
  • Teleflex Incorporated
  • Fisher & Paykel Healthcare Corporation Limited
  • DeVilbiss Healthcare
  • HERSILL, S.L.
  • GCE Holding AB

Recent Developments

  • In November 2021 – To create a robust oxygen concentrator for use in places with limited resources, UNICEF collaborated with the British government and Oxygen CoLab. This work is currently underway to combat the coronavirus problem and meet the demand for oxygen in critical care settings.
  • In July 2021 – For its line of portable oxygen concentrators known as X-PLO2RTM, Belluscura (BELL) announced the signing of its first contract and third distribution agreement with a producer of durable medical equipment. Durable medical equipment (or "DME") is offered online and at several shops in various states. The X-PLO2RTM portable oxygen concentrator, which should arrive in less than 90 days, has already been ordered by the third distributor while this is happening.

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