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United States Medical Oxygen Gas Cylinders Market: Medicare Reimbursement Analysis | Top Most Keyplayers - AmcareMed Medical Gas System, Catalina Cylinders, Linde plc, AMS Composite Cylinders
Medical Oxygen Gas Cylinders Market
Global Medical Oxygen Gas Cylinders Market reached US$ 93.17 million in 2023 and is expected to reach US$ 264 million by 2031, growing at a CAGR of 10.16% during the forecast period 2024-2031.
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Medical oxygen gas cylinders store and supply high-purity oxygen for patients with respiratory conditions or during surgical and emergency care. They are essential in hospitals, ambulances, and home healthcare settings, ensuring reliable oxygen delivery to support critical breathing functions.
Key Development:
USA Developments
September 2025: North American Oxygen prices increased notably by 15.6%, driven by robust demand from the healthcare sector and industrial gas suppliers, reflecting a tightening of the medical gas supply chain.
Ongoing Trend (Jul-Sept 2025): There was a strong market push toward advanced, portable cylinders with integrated smart monitoring features (e.g., digital displays and real-time oxygen level monitors) to support the growing home healthcare and mobility preference of the elderly population.
Japan Developments
August 19, 2025: The MHLW revised its Pharmaceutical and Medical Device Act (PMD Act), strengthening compliance obligations for Marketing Authorization Holders regarding supply system management and notification of supply disruptions, which is critical for ensuring a stable medical oxygen supply.
Ongoing Trend (Jul-Sept 2025): The market saw a significant regulatory shift where the prior importance of Foreign Reference Pricing (FRP) for medical devices declined, forcing manufacturers of oxygen equipment to justify prices based on superior clinical outcomes and efficacy to secure favorable reimbursement.
Key Players:
AmcareMed Medical Gas System
Catalina Cylinders
Linde plc
AMS Composite Cylinders
Luxfer Gas Cylinders
Naugra Medical
Ultra Controlo International
Welz Gas Cylinder GmbH
SYC Cylinders
Faber Industrie SpA
Growth Forecast Projected:
The Global Medical Oxygen Gas Cylinders Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Medical Oxygen Gas Cylinders Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Product: Portable, Fixed
➥ By Technology: Pulse Flow, Continuous Flow
➥ By End-User: Hospitals, Emergency Rooms, Ambulatory Surgery Centers, Home Healthcare, Others
Regional Analysis for Medical Oxygen Gas Cylinders Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Medical Oxygen Gas Cylinders Market producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Medical Oxygen Gas Cylinders Market revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Medical Oxygen Gas Cylinders Market?
A: In 2023, the Medical Oxygen Gas Cylinders Market was valued at USD 93.17 million, reflecting its strong industry presence.
Q2: How large is the Medical Oxygen Gas Cylinders Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Medical Oxygen Gas Cylinders Market will grow to around USD 264 million, demonstrating significant expansion.
Q3: What is the growth rate of the Medical Oxygen Gas Cylinders Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 10.16% during the forecast period from 2024 to 2031.
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