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Oxygen Market - Global Industry Analysis

Oxygen Market - By Route of Administration (Nasal Cannula, Transtracheal Catheters, Face Masks, Ventilators, and Neonatal Incubators), By Application (Hospitals, Ambulatory Units, and Homecare Settings), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 16-Nov-2021 Category: Chemical & Materials Report Format : PDF Pages: 147 Report Code: ZMR-1603 Status : Published

The global Oxygen Market accrued earnings worth approximately 27,549 (USD Million) in 2020 and is predicted to gain revenue of about 32, 052(USD Million) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2021 to 2028.

Description

The global Oxygen Market accrued earnings worth approximately 27,549 (USD Million) in 2020 and is predicted to gain revenue of about 32, 052(USD Million) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2021 to 2028. The report offers assessment and analysis of the Oxygen Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million).

Oxygen Market: Synopsis

Oxygen is vital for life on earth and is colorless in nature. Apparently, it is provided to patients through cylinders or cans. Moreover, wide spread of COVID-19 pandemic had resulted into lucrative need for oxygen and this had facilitated opening of new oxygen manufacturing units across globe to increase oxygen supply to COVID-19 patients. Furthermore, oxygen is utilized as catalytic agent in myriad industrial processes. Increase in demand for medical oxygen concentrators will boost growth of oxygen market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Oxygen Market: Growth Factors

Expansion of oxygen market over assessment period can be credited to large-scale demand for oxygen in automotive, farming, food & beverages, medicine, chemical, shipbuilding, steel production, and space explorations. Apart from this, large-scale use of oxygen in surgeries and for patients suffering from chronic disorders will bulge size of oxygen market in near future. Most common application of oxygen includes plastic production, textile manufacture, and steel production. Additionally, it also finds slew of applications in brazing, metals, oxygen therapy, welding & cutting activities, rocket propellant, and life support tools. All these aforementioned aspects are projected to provide new avenues of growth for oxygen market.

Furthermore, oxygen masks are worn by persons in aircraft & space craft and while landing on other planets or space. Apparently, oxygen cylinders are used by people in submarines, diving, and spaceflight. All these factors will propel growth chart of oxygen market in near future. Moreover, oxygen dissolves easily in water as compared to other gases such as nitrogen and this has enlarged scope of use of oxygen in freshwater lakes and ponds. Such beneficial features are likely to augment growth of oxygen market in upcoming years. Furthermore, oxygen is also used food production in plants and this is predicted to satiate global food requirements and stave off food crises as well as resolve food scarcity problems. However, oxygen can prove to be toxic at high partial pressure resulting in health issues and can lead to convulsions. Additionally, oxidation can lead to corrosion of substances and sometimes can render or make the substance devoid of use (or make it useless). This can prove detrimental to growth of oxygen market.

Regional Landscape

Asia Pacific Oxygen Market To Record Exponential Growth By 2028

Expansion of oxygen market in Asia Pacific over assessment period can be credited to rise in demand for oxygen in healthcare industry  as well as manufacturing units across countries’ such as India, Indonesia, China, Japan, and Philippines. Additionally, large-scale presence of major oxygen manufacturing units in countries such as India and China will account majorly towards size of oxygen market in Asia Pacific zone.  

Competitive Landscape

Key players profiled in report and lucratively influencing market growth are Precision Medical, Inc., Besco Medical Co. Ltd., AirSep Corporation, Chart Industries, Inc., Drive DeVilbiss Healthcare LLC, Philips Healthcare, Koninklijke Philips N.V., Nidek Medical Products, Inc., Invacare Corporation, and O2 CONCEPTS, LLC.

The global Oxygen Market is segmented as follows:

By Route of Administration

  • Transtracheal Catheters
  • Nasal Cannula
  • Face Masks
  • Ventilators
  • Neonatal Incubators

By Application

  • Hospitals
  • Homecare Settings
  • Ambulatory Units

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 Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Oxygen Market, 2018–2028(USD Million)
    • 2.2. Oxygen Market: Snapshot
  • Chapter 3. Global Oxygen Market– Industry Analysis
    • 3.1. Oxygen Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Oxygen is used for producing food in plants in process of photosynthesis and this is predicted to satiate global food requirements and stave off food crises as well as resulve food scarcity problems. This, in turn, will pave way for growth of oxygen market.
      • 3.2.2. Growth of oxygen market during projected timespan can be credited to humungous demand for oxygen in medicine, automotive, farming, food & beverages, steel production, chemical, shipbuilding, and space explorations.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Route of Administration
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Oxygen Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Oxygen Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Oxygen Market– Route of Administration Analysis
    • 5.1. Global Oxygen Market overview: By Route of Administration
      • 5.1.1. Global Oxygen Market share, By Route of Administration, 2020 and 2028
    • 5.2. Transtracheal Catheters
      • 5.2.1. Global Oxygen Market by Transtracheal Catheters, 2018–2028(USD Million)
    • 5.3. Nasal Cannula
      • 5.3.1. Global Oxygen Market by Nasal Cannula, 2018–2028(USD Million)
    • 5.4. Transtracheal Catheters
      • 5.4.1. Global Oxygen Market by Transtracheal Catheters, 2018–2028(USD Million)
    • 5.5. Face Masks
      • 5.5.1. Global Oxygen Market by Face Masks, 2018–2028(USD Million)
    • 5.6. Ventilators
      • 5.6.1. Global Oxygen Market by Ventilators, 2018–2028(USD Million)
    • 5.7. Neonatal Incubators
      • 5.7.1. Global Oxygen Market by Neonatal Incubators, 2018–2028(USD Million)
  • Chapter 6. Global Oxygen Market overview: By Application
    • 6.1.1. Global Oxygen Market share, By Application, 2020 and 2028
    • 6.2. Hospitals
      • 6.2.1. Global Oxygen Market by Hospitals , 2018–2028(USD Million)
    • 6.3. Homecare Settings
      • 6.3.1. Global Oxygen Market by Homecare Settings, 2018–2028(USD Million)
    • 6.4. Ambulatory Units
      • 6.4.1. Global Oxygen Market by Ambulatory Units, 2018–2028(USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Precision Medical, Inc.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Besco Medical Co. Ltd.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. AirSep Corporation
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Development
    • 7.4. Chart Industries, Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Development
    • 7.5. Drive DeVilbiss Healthcare LLC
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Philips Healthcare
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Koninklijke Philips N.V.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Nidek Medical Products, Inc.
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Invacare Corporation
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. O2 CONCEPTS, LLC
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product Portfulio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Oxygen Market, 2018–2028(USD Million)
4. Porter’s Five Forces Analysis
5. Global Oxygen Marketattractiveness, By Route of Administration
6. Global Oxygen Marketattractiveness, By Application
7. Global Oxygen Marketshare by Route of Administration ,2020 and 2028 (USD Million)
8. Global Oxygen Marketby Transtracheal Catheters, 2018–2028(USD Million)
9. Global Oxygen Marketby Nasal Cannula, 2018–2028(USD Million)
10. Global Oxygen Marketby Face Masks, 2018–2028(USD Million)
11. Global Oxygen Marketby Ventilators, 2018–2028(USD Million)
12. Global Oxygen Marketby Neonatal Incubators, 2018–2028(USD Million)
13. Global Oxygen Marketshare by Application ,2020 and 2028 (USD Million)
14. Global Oxygen Marketby Hospitals,  2018–2028(USD Million)
15. Global Oxygen Marketby Homecare Settings, 2018–2028(USD Million)
16. Global Oxygen Marketby Incubatory Units, 2018–2028(USD Million)
17. Global Oxygen Marketshare, by Region, 2020 and 2028
18. North America Oxygen Market, 2018–2028(USD Million)
19. Europe Oxygen Market, 2018–2028(USD Million)
20. Asia Pacific Oxygen Market, 2018–2028(USD Million)
21. Latin America Oxygen Market, 2018–2028(USD Million)
22. The Middle East and Africa Oxygen Market, 2018–2028(USD Million)


List of Tables

1. Global Oxygen Market: snapshot
2. Drivers of the Oxygen Market: impact analysis
3. North America Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
4. North America Oxygen Market revenue, By Application ,2018–2028(USD Million)
5. The U.S. Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
6. The U.S. Oxygen Market revenue, By Application ,2018–2028(USD Million)
7. Rest of North America Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
8. Rest of North America Oxygen Market revenue, By Application ,2018–2028(USD Million)
9. Europe Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
10. Europe Oxygen Market revenue, By Application ,2018–2028(USD Million)
11. UK Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
12. UK Oxygen Market revenue, By Application ,2018–2028(USD Million)
13. France Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
14. France Oxygen Market revenue, By Application ,2018–2028(USD Million)
15. Germany Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
16. Germany Oxygen Market revenue, By Application ,2018–2028(USD Million)
17. Rest of Europe Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
18. Rest of Europe Oxygen Market revenue, By Application ,2018–2028(USD Million)
19. Asia Pacific Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
20. Asia Pacific Oxygen Market revenue, By Application ,2018–2028(USD Million)
21. China Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
22. China Oxygen Market revenue, By Application ,2018–2028(USD Million)
23. Japan Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
24. Japan Oxygen Market revenue, By Application ,2018–2028(USD Million)
25. India Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
26. India Oxygen Market revenue, By Application ,2018–2028(USD Million)
27. Rest of Asia Pacific Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
28. Rest of Asia Pacific Oxygen Market revenue, By Application ,2018–2028(USD Million)
29. Latin America Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
30. Latin America Oxygen Market revenue, By Application ,2018–2028(USD Million)
31. Brazil Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
32. Brazil Oxygen Market revenue, By Application ,2018–2028(USD Million)
33. Rest of Latin America Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
34. Rest of Latin  America Oxygen Market revenue, By Application ,2018–2028(USD Million)
35. The Middle East and Africa Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
36. The Middle East and Africa Oxygen Market revenue, By Application ,2018–2028(USD Million)
37. Saudi Arabia Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
38. Saudi Arabia Oxygen Market revenue, By Application ,2018–2028(USD Million)
39. South Africa Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
40. South Africa Oxygen Market revenue, By Application ,2018–2028(USD Million)
41. Rest of the Middle East & Africa Oxygen Market revenue, By Route of Administration  ,2018–2028(USD Million)
42. Rest of the Middle East & Africa Oxygen Market revenue, By Application ,2018–2028(USD Million)

 
 

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FrequentlyAsked Questions

Expansion of oxygen market over assessment period can be credited to large-scale demand for oxygen in automotive, farming, food & beverages, medicine, chemical, shipbuilding, steel production, and space explorations. Apart from this, large-scale use of oxygen in surgeries and for patients suffering from chronic disorders will bulge size of oxygen market in near future. Most common application of oxygen includes plastic production, textile manufacture, and steel production. Additionally, it also finds slew of applications in brazing, metals, oxygen therapy, welding & cutting activities, rocket propellant, and life support tools. All these aforementioned aspects are projected to provide new avenues of growth for oxygen market.

Furthermore, oxygen masks are worn by persons in aircraft & space craft and while landing on other planets or space. Apparently, oxygen cylinders are used by people in submarines, diving, and spaceflight. All these factors will propel growth chart of oxygen market in near future.  

According to Zion market research report, the global Oxygen Market accrued earnings worth approximately 27,549 (USD Million) in 2020 and is predicted to gain revenue of about 32, 052(USD Million) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2021 to 2028.

Asia Pacific will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is subject to rise in demand for oxygen in healthcare industry  as well as manufacturing units across countries’ such as India, Indonesia, China, Japan, and Philippines. Additionally, large-scale presence of major oxygen manufacturing units in countries such as India and China will account majorly towards size of oxygen market in Asia Pacific zone.

The key market participants include Precision Medical, Inc., Chart Industries, Inc., Drive DeVilbiss Healthcare LLC, Philips Healthcare, Nidek Medical Products, Inc., Besco Medical Co. Ltd., Koninklijke Philips N.V., Invacare Corporation, AirSep Corporation, and O2 CONCEPTS, LLC.

 

 

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