2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theOxygen Therapy Market?

The oxygen therapy market is anticipated to expand due to the rising incidence of tobacco smoking. This practice involves the combustion of tobacco for inhalation of the resultant smoke to be tasted and absorbed into the bloodstream. People suffering from respiratory disorders associated with smoking often have trouble breathing and may have decreased oxygen content in their blood. Oxygen therapy is a vital treatment method that offers supplementary oxygen to such patients, helping to alleviate their breathing problems and boost their blood oxygen levels. As an illustration, the National Health Service, a government department in the UK, reported in December 2023 that hospital admissions due to smoking rose from 389,800 in 2021–22 to an estimated 408,700 in 2022–23, indicating a 4.8% increase. Hence, the escalating incidence of tobacco smoking is fueling the growth of the oxygen therapy market.

Get Your Free Sample Report Now – Explore Exclusive Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=9844&type=smp

#What Growth Opportunities Will Drive the Oxygen Therapy Market’s CAGR Through 2034?

The market for oxygen therapy has witnessed vigorous expansion in the preceding years. There is a projected escalation from $28.42 billion in 2024 to $30.97 billion in 2025, amounting to a compound annual growth rate (CAGR) of 9.0%. The historical growth rate can be traced back to the rising incidence of respiratory illnesses and conditions, the increasing global elderly population, government-led campaigns that boost healthcare infrastructure, the broadening of home healthcare provisions, and a surge in health problems associated with smoking.

In the ensuing years, the oxygen therapy market is projected to undergo swift expansion. The market is anticipated to surge to $46.4 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 10.6%. The advancement during the forecasted timeframe can be associated with factors such as innovative devices, personalized healthcare, investments in research and development, effects of climate change, and sports and fitness. Dominant trends during the forecast period encompass care models based on value, regulatory progress, programs aimed at patient education, alternative methods of oxygen delivery, and designs that prioritize patients.

You can Directly Purchase the Report Here:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9844

Which Upcoming Market Trends and Innovations Are Set to Influence theOxygen Therapy Market’s Path Forward?

Top companies in the oxygen therapy market are inventing novel products like portable oxygen concentrators to cater to the requirements of people suffering from respiratory diseases. A portable oxygen concentrator is a small, lightweight medical tool that concentrates the surrounding air to ensure a non-stop and adjustable oxygen supply for individuals with breathing issues. For example, in October 2022, O2 Concepts, a medical device manufacturing company based in the United States, introduced the Oxlife Liberty. This portable oxygen concentrator presents both continuous flow and pulse dose oxygen delivery options. The equipment has pulse flow settings from 1 to 9, offering a comprehensive range of oxygen delivery choices for numerous respiratory problems, permitting a tailor-made oxygen therapy experience. The device incorporates O2 Concepts’ exclusive Dynamic Network Analysis (DNA) Technology, enabling the linking of Durable Medical Equipment (DME) with device data to enhance operational productivity, manage assets, and control inventory. With its unique characteristics and state-of-the-art technology, Oxlife Liberty sets a new benchmark for mobility, flexibility, and clinical oxygen therapy, offering a trustworthy and potent solution for patients’ oxygen therapy requirements.

Who Are the Dominant Market Players Pushing the Boundaries of theOxygen Therapy Market?

Major companies operating in the oxygen therapy market include Smiths Medical Inc., Hersill SL, Fisher & Paykel Healthcare Corporation Limited, Invacare Corporation, Teleflex Incorporated, Koninklijke Philips N.V., Drive Devilbiss International, Allied Healthcare Products Inc., Becton Dickinson and Company, General Electric Company, Getinge Group, Essex Industries Inc., Chart Industries Inc., Drägerwerk AG & Co. KGaA, Gas Control Equipment Group, Thermo Fisher Scientific Inc., OxyBand Technologies Inc., Nidek Medical Products Inc., Linde Healthcare, Taiyo Nippon Sanso Corporation, Inogen Inc., Heinen + Löwenstein GmbH & Co. KG, Messer Medical Austria GmbH, TECNO-GAZ S.p.A, HUM – Gesellschaft für Homecare und Medizintechnik mbH, medicap homecare GmbH, GCE Holding AB, Salter Labs, Vyaire Medical Inc., CAIRE Inc., Precision Medical Inc., O2 Concepts LLC, AirSep Corporation

Order Your Report Now For A Swift Delivery:

https://www.thebusinessresearchcompany.com/report/oxygen-therapy-global-market-report

What Are the Core Segments of the Oxygen Therapy Market, and How Do They Contribute to Growth?

The oxygen therapy market covered in this report is segmented –

1) By Product: Oxygen Delivery Devices, Oxygen Source Equipment

2) By Portability: Stationary Devices, Portable Devices

3) By Application: Pneumonia, Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis, Other Applications

4) By End User: Hospitals, Clinics, Home Care, Post Acute Care Settings

Subsegments:

1) By Oxygen Delivery Devices: Nasal Cannulas, Oxygen Masks, Venturi Masks, Non-Rebreather Masks

2) By Oxygen Source Equipment: Oxygen Concentrators, Compressed Oxygen Cylinders, Liquid Oxygen Systems, Portable Oxygen Systems

Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!

https://www.thebusinessresearchcompany.com/customise?id=9844&type=smp

What Regions Are Dominating the Oxygen Therapy Market Growth?

North America was the largest region in the oxygen therapy market in 2024. The regions covered in the oxygen therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Browse Through More Reports Similar to the Gobal Oxygen Therapy Maret 2025, By The Business Research Company:

Virtual Reality In Healthcare Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/virtual-reality-in-healthcare-global-market-report

Healthcare Cloud Computing Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/healthcare-cloud-computing-global-market-report

Healthcare Nanotechnology Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/healthcare-nanotechnology-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: