Global Oxygen Therapy Market Size & Outlook

The oxygen therapy industry worldwide is expected to reach a projected revenue of US$ 54,175.0 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide oxygen therapy industry from 2023 to 2030.

Revenue, 2022 (US$M)
$34,525.5
Forecast, 2030 (US$M)
$54,175.0
CAGR, 2023 - 2030
5.8%
Report Coverage
Worldwide

Global oxygen therapy market highlights

  • The global oxygen therapy market generated a revenue of USD 34,525.5 million in 2022 and is expected to reach USD 54,175.0 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 5.8% by 2030.
  • In terms of segment, oxygen source equipment accounted for a revenue of USD 21,956.4 million in 2022.
  • Oxygen Delivery Devices is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 34,525.5 million
Market revenue in 2030USD 54,175.0 million
Growth rate5.8% (CAGR from 2022 to 2030)
Largest segmentOxygen source equipment
Fastest growing segmentOxygen Delivery Devices
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOxygen Source Equipment, Oxygen Delivery Devices

Other key industry trends

  • In terms of revenue, the North America accounted for 31.6% of the global oxygen therapy market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 148.6 million by 2030.

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Oxygen Therapy Market Companies

Name Profile # Employees HQ Website

Global oxygen therapy 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 oxygen therapy market will help companies and investors design strategic landscapes.


oxygen source equipment was the largest segment with a revenue share of 63.59% in 2022. Horizon Databook has segmented the Global oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Oxygen Therapy Product Outlook (Revenue, USD million, 2018-2030)
    • Oxygen Source Equipment
      • Oxygen Cylinders
        • Fixed1
        • Portable1
      • Oxygen Concentrators
        • Portable2
        • Fixed2
      • Liquid Oxygen System
      • PAP Devices
        • CPAP
        • APAP
        • Bi-PAP
    • Oxygen Delivery Devices
      • Oxygen Masks
      • Nasal Cannula
      • Venturi Masks
      • Non-rebreather Masks
      • Bag Valve Masks
      • CPAP Masks
      • Others
  • Global Oxygen Therapy application Outlook (Revenue, USD million, 2018-2030)
    • Chronic Obstructive Pulmonary Disease
    • Asthma
    • Obstructive Sleep Apnea
    • Respiratory Distress Syndrome
    • Cystic Fibrosis
    • Pneumonia
    • Other
  • Global Oxygen Therapy End Use Outlook (Revenue, USD million, 2018-2030)
    • Home healthcare
    • Non-Home Healthcare

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Target buyers of Global oxygen therapy market databook

  • Our clientele includes a mix of oxygen therapy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global oxygen therapy market , including forecasts for subscribers. This global databook contains high-level insights into Global oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global oxygen therapy market statistics, by region, 2018-2030 (US$M)

Top 10 countries: Oxygen therapy market size, 2022 (USD million)

Top 10 countries: Oxygen therapy market size, 2022 (USD million)

Global oxygen therapy market, by region, 2022 (US$M)

Global oxygen therapy market statistics, by region, 2018-2030 (US$M)

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