Singapore Oxygen Therapy Market Size & Outlook, 2022-2030
Singapore oxygen therapy market, 2018-2030 (US$M)
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Singapore oxygen therapy market highlights
- The Singapore oxygen therapy market generated a revenue of USD 1,531.6 million in 2022 and is expected to reach USD 2,773.5 million by 2030.
- The Singapore market is expected to grow at a CAGR of 7.7% from 2023 to 2030.
- In terms of segment, oxygen delivery devices 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.
Oxygen therapy market data book summary
| Market revenue in 2022 | USD 1,531.6 million |
| Market revenue in 2030 | USD 2,773.5 million |
| Growth rate | 7.7% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen delivery devices |
| Fastest growing segment | Oxygen Delivery Devices |
| 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, Singapore accounted for 4.4% 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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Singapore 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 delivery devices was the largest segment with a revenue share of 70.08% in 2022. Horizon Databook has segmented the Singapore 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 increasing prevalence of lung-related diseases, the government and nongovernment organizations are taking initiatives to tackle them, which will result in an increased demand for oxygen therapy systems in this country. For instance, Buzud, a medical & beauty devices manufacturer in Singapore, launched the Buzud oxygen concentrator and opened its first retail store.
This oxygen concentrator is HSA-approved and provides oxygen purity levels of 93% to 96%. The device is suitable for use at home, especially for COVID19 home recovery. It is also useful for patients who suffer from asthma and COPD.
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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 Singapore oxygen therapy market , including forecasts for subscribers. This country databook contains high-level insights into Singapore oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore oxygen therapy market size, by product, 2018-2030 (US$M)
Singapore Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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