Global Home Oxygen Therapy Equipment market cagr 3.40%

Home Oxygen Therapy Equipment Market

Home Oxygen Therapy Equipment Market Size and Growth

The Home Oxygen Therapy Equipment market is poised for substantial growth due to rising respiratory disorders. The global market size is expected to reach $2.7 billion by 2027, with a CAGR of 7.5%. Factors such as increasing geriatric population and prevalence of COPD drive the demand for home oxygen therapy equipment.

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Companies Covered

(Covid 19 Impact Covered)

◍ Inogen

◍ NGK Spark Plug

◍ Yuyue Medical

◍ Invacare

◍ Teijin Pharma

◍ Philips

◍ Linde

◍ DeVilbiss Healthcare

◍ ResMed

◍ O2 Concepts

◍ Air Water Group

◍ Omron

◍ GF Health Products

◍ Precision Medical

◍ SysMed

◍ Longfei Group

◍ Shenyang Canta

◍ Beijing Shenlu

The competitive landscape of the Home Oxygen Therapy Equipment Market includes companies such as Inogen, NGK Spark Plug, Yuyue Medical, Invacare, Teijin Pharma, Philips, Linde, DeVilbiss Healthcare, ResMed, O2 Concepts, Air Water Group, Omron, GF Health Products, Precision Medical, SysMed, Longfei Group, Shenyang Canta, Beijing Shenlu, and Nidek Medical. These companies manufacture and supply home oxygen therapy equipment like portable oxygen concentrators, oxygen cylinders, and oxygen conserving devices. They contribute to the growth of the market by providing innovative and technologically advanced products, expanding their distribution networks, and engaging in strategic collaborations and acquisitions.

- Inogen - $404 million

- NGK Spark Plug - $2.5 billion

- Yuyue Medical - $400 million

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Market Segmentation

By Application

Acute Disease Patients

Chronic Disease Patients

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By Product

Oxygen Concentrators

Oxygen Cylinders

Others

Market Growth

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$ 1.70 Billion