Oxygen Flow Meters Market To Reach $1.78 Billion By 2030

Oxygen Flow Meters Market Growth & Trends

The global oxygen flow meters market size is expected to reach USD 1.78 billion in 2030 and is projected to grow at a CAGR of 5.5% from 2025 to 2030. The number of infectious and fatal diseases, including cancer and recent coronavirus, has witnessed a significant increase across the globe. This has forced pharmaceutical companies to deliver oxygen supplies, including oxygen flow meters, for such diseases continuously. This is leading to an increased demand for oxygen flow meters across the healthcare sector.

The ongoing COVID-19 pandemic has taken a severe toll on enterprises across every industry, drying up financial reserves and cash flows and curbing profits. However, the pandemic has positively impacted the healthcare sector and associated markets. The outbreak has increased the demand for a wide range of medical supplies, including oxygen cylinders and oxygen concentrators. Therefore, these medical supplies are expected to increase the adoption of oxygen flow meters across the globe as it measures the flow of oxygen from an oxygen-dispensing unit to the oxygen user.

North America held a significant market share in 2020 as it is home to several product manufacturers of oxygen flow meters. Asia Pacific is anticipated to witness the highest CAGR over the forecast period owing to the continuous developments in steelmaking and other manufacturing sectors. Furthermore, in the wake of the second wave of COVID-19, the countries such as the U.S., Russia, Ireland, Italy, and France contributed to India’s medical requirements by sending ventilators, oxygen flow meters, oxygen concentrators, medicines, rapid testing kits, and building oxygen plants across the country. Therefore, it boosted the market demand in the country.

Moreover, DZ Medicale; Dwyer Instruments LTD.; Ohio Medical; Precision Medical, Inc.; HERSILL; and Penlon are a few major providers and vendors of oxygen flow meters. Market players are constantly focusing on product innovation and enhancing their products and solutions.

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Oxygen Flow Meters Market Report Highlights

• The market is anticipated to witness substantial growth during the forecast period due to the escalating demand for flow rate measurement in healthcare applications across the globe

• Leak resistance, precise flow measurements, reduced clogging, and improved signal stability in the industrial sector are few features creating lucrative opportunities for double flange oxygen flow meters

• The healthcare segment dominated the global oxygen flow meter industry in 2024, driven by the rising prevalence of respiratory diseases and an aging population

• The Asia Pacific dominated the oxygen flow meters market with the largest revenue share of 35.6% in 2024, driven by increasing healthcare expenditure and rising awareness of respiratory diseases

Oxygen Flow Meters Market Segmentation

Grand View Research has segmented the global oxygen flow meters market report based on Type, Application, and region:

Oxygen Flow Meters Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Double Flange Type

• Plug-In Type

• Others

Oxygen Flow Meters Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Healthcare

• Industrial

• Aerospace

• Chemical

• Others

Oxygen Flow Meters Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • KSA

  • UAE

  • South Africa

List of Key Players in Oxygen Flow Meters Market

• Burak Metering Pvt Ltd

• Oxyone Medical Devices

• Heyer Medical AG

• HERSILL

• Megasan

• Ohio Medical

• Precision Medical, Inc.

• Penlon Ltd.

• AmcareMed Medical Gas System

• Flowmetrics