Primary Catalyst Driving Liquid Oxygen Devices Market Evolution in 2025: Driving Factors Behind The Growth Of The Liquid Oxygen Device Market Amidst Rising Respiratory Disorders Driver

What Is the Future Outlook for the Liquid Oxygen Devices Market's Size and Growth Rate?_x000D_
The market for liquid oxygen devices has experienced robust expansion in the past few years. The sector, which was valued at $6.06 billion in 2024, is projected to reach $6.52 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 7.5%. The growth witnessed in the historical period is due to factors such as increasing cases of respiratory issues, a growing elderly population, boosted global healthcare expenditure, the trend towards home-based care, positive governmental initiatives and regulatory strategies, and enhanced awareness and education._x000D_
_x000D_
The market for liquid oxygen devices is predicted to witness a substantial surge in the coming years, with an anticipated value of $8.61 billion by 2029, growing at a CAGR of 7.2%. This growth during the forecasted period is due to the increased inclination towards portable oxygen concentrators in place of conventional oxygen tanks, enhancements in healthcare infrastructure, growing applications in non-medical sectors, rising focus on home-based care and telemedicine, alongside heightened awareness around environmental sustainability. Foreseen trends during this forecasted period pertain to the miniaturization and enhanced portability of liquid oxygen devices for increased user mobility and convenience, incorporation of Internet of Things (IoT) technology and digital health platforms, advancements in battery technology, the launch of intelligent oxygen delivery systems, and the creation of personalized liquid oxygen devices._x000D_
_x000D_
What Are the Key Drivers Behind the Growth of the Liquid Oxygen Devices Market?_x000D_
The liquid oxygen device market is anticipated to expand due to the growing prevalence of respiratory disorders. These disorders encompass various medical conditions that impact the respiratory system, which is comprised of the lungs, airways, and other components that aid in breathing. The climb in respiratory disorders can be attributed to a multitude of factors such as air pollution, exposure to tobacco smoke, occupational hazards, a genetic propensity, and lifestyle decisions. Liquid oxygen devices serve as an integral part of respiratory care for individuals suffering from these disorders, aiding in smoother respiration and enhancing the quality of life. These devices also provide healthcare professionals with a trustworthy method to dispense oxygen therapy and oversee their patients' respiratory wellbeing. For example, the Centers for Disease Control and Prevention, a governmental agency in the US, reported in November 2023 that there were 8,331 cases of tuberculosis (TB) in the United States in 2022, resulting in an incidence ratio of 2.5 per 100,000 individuals. This signifies a 5.9% jump in caseload and a 5.5% rise in the incidence rate relative to 2021. Consequently, the escalating occurrence of respiratory ailments is fuelling the liquid oxygen device market. The prospect of the liquid oxygen devices market is anticipated to be uplifted further by government endeavors for research and development in the healthcare sector. Government endeavors cover a broad array of activities, schemes, policies, and projects pursued by governmental entities at different levels (local, regional, national, or global) to tackle specific problems, accomplish specific objectives, or bring about societal benefits. Various governmental organizations are launching numerous healthcare initiatives, including those centering on liquid oxygen devices. For instance, per the Department of Health and Social Care, a government body in the UK, in 2022, the UK government pledged £260 million (equivalent to US $270.65 million) to enhance healthcare research and manufacturing. This funding was allocated by BEIS and DHSC to endorse NHS-guided health research in diagnostics and treatment through novel platforms that preserve privacy and clinical research services, as well as £60 million (equivalent to US $63.60 million) to encourage the expansion of life sciences manufacturing in the UK. Hence, governmental research and development initiatives in healthcare are propelling the liquid oxygen device market._x000D_
_x000D_
Get Your Free Sample Now - Explore Exclusive Market Insights:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=15601&type=smp_x000D_
_x000D_
Which Key Market Leaders Are Driving Liquid Oxygen Devices Industry Growth?_x000D_
Major companies operating in the liquid oxygen devices market are Air Liquide S.A., Linde plc, Teijin Limited, NTK Oxygen Electronics Co. Ltd., Chart Industries Inc., Invacare Corporation, Cryoquip LLC, ErgoMed Inc., CAIRE Inc., Taylor-Wharton International LLC, DeVilbiss Healthcare, VRV S.p.A., Eleet Cryogenics Inc., FIBA Technologies Inc., Inova Labs, OxyGo LLC, Cryofab Inc., O2 CONCEPTS LLC, PCI Gases, HVM Medical Inc., Oxygen Plus Inc., Oxygen Solutions Inc., Besco Medical Co. Ltd., Nidek Medical, INOXCVA_x000D_
_x000D_
What Are the Emerging Trends in the Liquid Oxygen Devices Industry?_x000D_
Leading businesses in the liquid oxygen devices market are shifting their attention towards creating advanced resolutions. This often includes the utilization of innovative cooling designs to maintain the device's temperature during usage, as this can guarantee excellent performance and reliability over a prolonged period. With the twin-blower cooling architecture for liquid oxygen apparatus, the process entails compressing, cooling, and dividing air into oxygen and nitrogen. For example, in April 2023, OxyGo HQ Florida LLC, a portable oxygen concentrators manufacturer based in the United States, introduced the OxyHome 5L Stationary Concentrator. The newly released device is structured to deliver a continuous oxygen flow of up to 5 liters per minute for domestic use. It showcases a contemporary design with a small size to snugly fit in any home setting. Its primary feature is the twin-blower cooling system that guarantees exceptional and consistent performance over an extended timeframe._x000D_
_x000D_
What Are the Main Segments in the Liquid Oxygen Devices Market?_x000D_
The liquid oxygen devices market covered in this report is segmented -_x000D_
_x000D_
1) By Tank Type: Vertical Storage Tanks, Horizontal Storage Tanks_x000D_
2) By Distribution Channel: Direct Sales, Indirect Sales_x000D_
3) By End-User: Hospitals, Outpatient Facilities, Home Care, Other End-Users_x000D_
_x000D_
Subsegments:_x000D_
1) By Vertical Storage Tanks: Cryogenic Vertical Tanks, Ambient Temperature Vertical Tanks_x000D_
2) By Horizontal Storage Tanks: Cryogenic Horizontal Tanks, Ambient Temperature Horizontal Tanks_x000D_
_x000D_
Pre-Book Your Report Now For A Swift Delivery:_x000D_
https://www.thebusinessresearchcompany.com/report/liquid-oxygen-devices-global-market-report_x000D_
_x000D_
Which Geographic Area Leads the Liquid Oxygen Devices Market?_x000D_
North America was the largest region in the liquid oxygen devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid oxygen devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
_x000D_
What Is Covered In The Liquid Oxygen Devices Global Market Report?_x000D_
_x000D_
- Market Size Analysis: Analyze the Liquid Oxygen Devices Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Liquid Oxygen Devices Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Oxygen Devices Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Liquid Oxygen Devices Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
_x000D_
Unlock Exclusive Market Insights - Purchase Your Research Report Now!_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15601_x000D_
_x000D_

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.