Global Portable Oxygen Therapy Systems Market Growth: Industry Size, Analysis and Forecast

Report ID : 1354057 | Published : January 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Portable Oxygen Therapy Systems Market is categorized based on Product Type (Portable Oxygen Concentrators, Oxygen Cylinders, Oxygen Masks, Oxygen Accessories) and End-User (Hospitals, Homecare, Emergency Services, Long-term Care Facilities) and Technology (Continuous Flow, Pulse Dose, Combination Systems) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The market size of Portable Oxygen Therapy Systems Market, valued at $2.5 billion in 2023, is projected to reach $4.8 billion by 2033, expanding at a CAGR of 6.9% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.

According to the research conducted by the Market Research Future, the global Airway Management Devices Market is expected to register a CAGR of 7.01% from 2022 to 2030. The initial CAGR value projected for the amazing airway management market was close to a million. With an outcome of a whopping revenue predicted by 2030, the global airway management devices market is poised for remarkable expansion. Key players in the industry are constantly coming up with innovative strategies to expand their market share, and as a result, advances in countries such as the US and UK have gained traction. 

In particular, a single-use airway management device will account for a large portion of the global airway management devices market between 2022 and 2030, as disposable devices are expected to gain traction in the medical field. Furthermore, an increasing demand for self-adaptive devices is expected to open up new, distinctive opportunities for the industry in the coming years. Continuous and intense competitive activity from account consolidations to spike expansions in developing regions and self-adaptive devices advancement, including market challenges under the discipline of proportional economics are also greatly anticipated to stimulate growth in the global airway management devices market.

Borne of desperation, oxygen portable systems have taken center stage during the global pandemic and are presently experiencing an increase in demand from healthcare systems. Such systems are regarded as lifesaving equipment and stakeholders including manufacturers, healthcare providers and regulators are geared toward putting emphasis on affordable oxygen portable solutions which can complement the existing demand.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Philips Respironics, Invacare Corporation, OxyGo LLC, Drive DeVilbiss Healthcare, AirSep Corporation, CAIRE Inc., Nidek Medical Products, Chart Industries Inc., Linde Healthcare, DeVilbiss Healthcare, ResMed Inc.
SEGMENTS COVERED	By Product Type - Portable Oxygen Concentrators, Oxygen Cylinders, Oxygen Masks, Oxygen Accessories By End-User - Hospitals, Homecare, Emergency Services, Long-term Care Facilities By Technology - Continuous Flow, Pulse Dose, Combination Systems By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

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Portable Oxygen Therapy Systems Market Dynamics

The Portable Oxygen Therapy Systems 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

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

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Key Players in the Portable Oxygen Therapy Systems 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.

• Philips Respironics
• Invacare Corporation
• OxyGo LLC
• Drive DeVilbiss Healthcare
• AirSep Corporation
• CAIRE Inc.
• Nidek Medical Products
• Chart Industries Inc.
• Linde Healthcare
• DeVilbiss Healthcare
• ResMed Inc.

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