China Medical Oxygen Cylinders Market Size & Outlook

The medical oxygen cylinders market in China is expected to reach a projected revenue of US$ 398.0 million by 2030. A compound annual growth rate of 1.5% is expected of China medical oxygen cylinders market from 2023 to 2030.

Revenue, 2022 (US$M)
$353.2
Forecast, 2030 (US$M)
$398.0
CAGR, 2023 - 2030
1.5%
Report Coverage
China

China medical oxygen cylinders market highlights

  • The China medical oxygen cylinders market generated a revenue of USD 353.2 million in 2022 and is expected to reach USD 398.0 million by 2030.
  • The China market is expected to grow at a CAGR of 1.5% from 2023 to 2030.
  • In terms of segment, fixed was the largest revenue generating product in 2022.
  • Portable is the most lucrative product segment registering the fastest growth during the forecast period.


Medical oxygen cylinders market data book summary

Market revenue in 2022USD 353.2 million
Market revenue in 2030USD 398.0 million
Growth rate1.5% (CAGR from 2022 to 2030)
Largest segmentFixed
Fastest growing segmentPortable
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed, Portable
Key market players worldwideKoninklijke Philips NV, Invacare, Linde PLC, Air Liquide SA, Drive DeVilbiss Healthcare France, Nidek Medical, AirSep Corp.


Other key industry trends

  • In terms of revenue, China accounted for 8.8% of the global medical oxygen cylinders market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India medical oxygen cylinders market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 284.4 million by 2030.

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Medical Oxygen Cylinders Market Companies

Name Profile # Employees HQ Website

China medical oxygen cylinders market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical oxygen cylinders market will help companies and investors design strategic landscapes.


Fixed was the largest segment with a revenue share of 60.05% in 2022. Horizon Databook has segmented the China medical oxygen cylinders market based on fixed, portable covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of medical oxygen cylinders market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China medical oxygen cylinders market , including forecasts for subscribers. This country databook contains high-level insights into China medical oxygen cylinders market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China medical oxygen cylinders market size, by product, 2018-2030 (US$M)

China Medical Oxygen Cylinders Market Outlook Share, 2022 & 2030 (US$M)

China medical oxygen cylinders market size, by product, 2018-2030 (US$M)

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