Japan Oxygen Therapy Market Size & Outlook, 2022-2030
Japan oxygen therapy market, 2018-2030 (US$M)
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Japan oxygen therapy market highlights
- The Japan oxygen therapy market generated a revenue of USD 1,051.5 million in 2022 and is expected to reach USD 1,487.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, oxygen source equipment was the largest revenue generating product in 2022.
- Oxygen Source Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Oxygen therapy market data book summary
| Market revenue in 2022 | USD 1,051.5 million |
| Market revenue in 2030 | USD 1,487.2 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen source equipment |
| Fastest growing segment | Oxygen Source Equipment |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxygen Source Equipment, Oxygen Delivery Devices |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Inogen Inc, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Koninklijke Philips NV, Allied Healthcare Products Inc, Teleflex Inc, Chart Industries Inc, Draegerwerk AG & Co KGaA, Niterra Co Ltd, Invacare, Hersill, DeVilbiss Healthcare, Tecno-Gaz |
Other key industry trends
- In terms of revenue, Japan accounted for 3.0% of the global oxygen therapy market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China oxygen therapy market is projected to lead the regional market in terms of revenue in 2030.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,773.5 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 79.73% in 2022. Horizon Databook has segmented the Japan oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the increasing prevalence of respiratory diseases in the country, oxygen therapy systems and ventilators are in high demand. Hay fever is the most common respiratory allergy in Japan, which is caused by the spread of cedar pollen.
As a result, the market for oxygen therapy in Japan is anticipated to grow as the number of individuals with respiratory diseases increases. Furthermore, there is an increase in demand for oxygen cylinders, ventilators, and other devices because of the recent COVID-19 pandemic.
Which required patients to use ventilators, as the virus affects the lungs. The number of COVID-19 cases reported daily increased, which raised the market demand. Due to the pandemic, the government of Japan decided to add more ventilators from foreign vendors.
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Our clientele includes a mix of oxygen therapy 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 Japan oxygen therapy market , including forecasts for subscribers. This country databook contains high-level insights into Japan oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan oxygen therapy market size, by product, 2018-2030 (US$M)
Japan Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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