Middle East & Africa Oxygen Therapy Market Size & Outlook
Middle East & Africa oxygen therapy market, 2018-2030 (US$M)
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MEA oxygen therapy market highlights
- The MEA oxygen therapy market generated a revenue of USD 1,127.5 million in 2022.
- The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, oxygen source equipment was the largest revenue generating product in 2022.
- Oxygen Delivery Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,127.5 million |
| Market revenue in 2030 | USD 1,548.6 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen source equipment |
| Fastest growing segment | Oxygen Delivery Devices |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 3.3% of the global oxygen therapy market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,990.1 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 59.99% in 2022. Horizon Databook has segmented the Middle East & Africa oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
High prevalence of respiratory diseases & tobacco consumption, preference for stationary oxygen therapy devices over portable ones, and technological advancements in these devices are expected to drive the overall growth of the Middle East & Africa region.
However, a lack of medical oxygen for COVID-19 patients impacted countries in the Middle East & Africa where warnings were ignored during the onset of the pandemic, and doctors claim the oxygen shortage resulted in unnecessary deaths.
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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 continent-level data and insights on the Middle East & Africa oxygen therapy market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA oxygen therapy market size, by country, 2018-2030 (US$M)
Middle East & Africa Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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