Oxygen Source Equipment Market Size and Growth Forecast: Global Insights and Analysis
Report ID : 1348086 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Oxygen Source Equipment Market is categorized based on Equipment Type (Oxygen Concentrators, Liquid Oxygen Systems, Oxygen Cylinders, Oxygen Generators, Oxygen Delivery Systems) and Application (Medical, Industrial, Aerospace, Welding, Aquaculture) and End-User (Hospitals, Homecare, Manufacturing, Research Laboratories, Construction) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
As of 2023, the Oxygen Source Equipment Market size stood at $3.5 billion and is expected to attain $5.6 billion by 2033, growing at a 4.8% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.
The Oxygen Source Equipment Market is strategically important to a number of industries such as, healthcare, manufacturing and environmental services. The market is booming as the need for oxygen-fed solutions is on the rise which is prompted by an ever aging population, increased industrial activities and aggressiveness on air quality. Oxygen gas sourcing comes with a lot of equipment which include, medical oxygen delivery systems and industrial scopes that use oxygen for heating and chemical reactions.
Today, oxygen source equipment manufacturers are much more efficient in their output and have put in place measures to enhance the safety and ease of their equipment thanks to technology. Clients do tend to push for a cutting edge oxygen source and as such choosing to invest in procedures and embracing technology to enhance their output becomes crucial. The present research is based on our market analysis to examine such aspects as trends and changes in the challenges and opportunities in the market so that stakeholders can successfully engage with the changes taking place in the market.
Verified Industry Insights has positioned itself to add value to its clients by providing thorough market analysis and insight to the clients. It is their understanding that modern businesses can better position themselves if they learn the intricacies of the Oxygen Source Equipment Market and in turn, aid the bigger objective of improving life and preserving the environment.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Air Liquide, Linde plc, Praxair Technology Inc., Air Products and Chemicals Inc., Parker Hannifin Corporation, Praxair Inc., Messer Group, National Oxygen Limited, Cryofab Inc., Inogen Inc., Philips Healthcare |
| SEGMENTS COVERED |
By Equipment Type - Oxygen Concentrators, Liquid Oxygen Systems, Oxygen Cylinders, Oxygen Generators, Oxygen Delivery Systems
By Application - Medical, Industrial, Aerospace, Welding, Aquaculture
By End-User - Hospitals, Homecare, Manufacturing, Research Laboratories, Construction
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Oxygen Source Equipment Market Dynamics
The Oxygen Source Equipment Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Oxygen Source Equipment Market Segmentations
Market Breakup by Equipment Type
- Overview
- Oxygen Concentrators
- Liquid Oxygen Systems
- Oxygen Cylinders
- Oxygen Generators
- Oxygen Delivery Systems
Market Breakup by Application
- Overview
- Medical
- Industrial
- Aerospace
- Welding
- Aquaculture
Market Breakup by End-User
- Overview
- Hospitals
- Homecare
- Manufacturing
- Research Laboratories
- Construction
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Oxygen Source Equipment Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Air Liquide
- Linde plc
- Praxair Technology Inc.
- Air Products and Chemicals Inc.
- Parker Hannifin Corporation
- Praxair Inc.
- Messer Group
- National Oxygen Limited
- Cryofab Inc.
- Inogen Inc.
- Philips Healthcare
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Company Profiling
● Detailed profiling of additional market players (up to three players)
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Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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