Medical Oxygen Cylinder Market Demand, Size, Share & Forecast 2032

Medical Oxygen Cylinder Market

Medical Oxygen Cylinder Market By Type (Portable And Fixed), Application (Respiratory Department, Emergency Room, Household, Operating Room, And Others), and Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 - 2032

Category: Medical Device Report Format : PDF Pages: 238 Report Code: ZMR-5355 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 4.47 Billion USD 6.58 Billion 4.52% 2023

Medical Oxygen Cylinder Market: Industry Perspective

The global medical oxygen cylinder market size was worth around USD 4.47 billion in 2023 and is predicted to grow to around USD 6.58 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.52% between 2024 and 2032.

Global Medical Oxygen Cylinder Market SizeRequest Free Sample

The report covers forecasts and analyses for the medical oxygen cylinder market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024  to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the medical oxygen cylinder market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the medical oxygen cylinder market on a global as well as regional level.

In order to give the users of this report a comprehensive view of the medical oxygen cylinder market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type and end-user segments are benchmarked based on their market size, growth rate and general attractiveness.

The report provides a company market share analysis in order to give a broader overview of the key players in the medical oxygen cylinder market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the medical oxygen cylinder market on a global and regional basis.

Medical Oxygen Cylinder Market: Report Scope

 

Report Attributes Report Details
Report Name Medical Oxygen Cylinder Market
Market Size in 2023 USD 4.47 Billion
Market Forecast in 2032 USD 6.58 Billion
Growth Rate CAGR of 4.52%
Number of Pages 238
Key Companies Covered TECNO-GAZ, AirGenics, Allied Healthcare Products, FARUM, Attucho, ROYAX, Atlas Copco, Air Products, Airgas Inc, Praxair Inc, and others.
Segments Covered By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Medical Oxygen Cylinder Market: Regional Analysis

North America holds a significant share of the global medical oxygen cylinder market, primarily due to the high prevalence of respiratory conditions such as asthma and COPD, and the significant impact of the COVID-19 pandemic. The United States, in particular, has seen a sharp rise in the demand for medical oxygen cylinders due to an increasing number of patients requiring supplemental oxygen. Government initiatives and investments in healthcare infrastructure have further supported market growth in this region.

The Asia-Pacific region is anticipated to witness the fastest growth in the medical oxygen cylinder market. This rapid growth is attributed to the large and increasing population, the high prevalence of chronic and infectious diseases, and improving healthcare infrastructure in countries like China and India.

Medical Oxygen Cylinder Market: Competitive Analysis

The global medical oxygen cylinder market is dominated by players like:

  • TECNO-GAZ
  • AirGenics
  • Allied Healthcare Products
  • FARUM
  • Attucho
  • ROYAX
  • Atlas Copco
  • Air Products
  • Airgas Inc
  • Praxair Inc

This report segments the Global Medical Oxygen Cylinder Market as follows:

Global Medical Oxygen Cylinder Market: By Type

Global Medical Oxygen Cylinder Market: By Application       

  • Respiratory Department
  • Emergency Room
  • Household
  • Operating Room
  • Others

Global Medical Oxygen Cylinder Market: By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

A medical oxygen cylinder is a portable container that stores compressed oxygen for supplying respiratory assistance to patients who are struggling to breathe on their own. 

According to a study, the global medical oxygen cylinder market size was worth around USD 4.47 billion in 2023 and is expected to reach USD 6.58 billion by 2032.

The global medical oxygen cylinder market is expected to grow at a CAGR of 4.52% during the forecast period.

North America is expected to dominate the medical oxygen cylinder market over the forecast period.

Leading players in the global medical oxygen cylinder market include TECNO-GAZ, AirGenics, Allied Healthcare Products, FARUM, Attucho, ROYAX, Atlas Copco, Air Products, Airgas Inc, and Praxair Inc, among others.
 

The medical oxygen cylinder market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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