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Oxygen Therapy Market Forecast to Grow at 6.83% CAGR by 2035

12-09-2025 11:45 AM CET | Health & Medicine

Press release from: Expert Market Research

Oxygen Therapy Market Forecast to Grow at 6.83% CAGR by 2035

What is driving the growth of the Oxygen Therapy Market globally?

Oxygen therapy is a medical intervention that delivers supplemental oxygen to patients suffering from respiratory disorders or other conditions that compromise oxygen levels in the blood. The global demand for oxygen therapy has grown significantly due to increasing incidences of chronic respiratory diseases, rising geriatric populations, and favorable government incentives supporting oxygen therapy devices.

The global oxygen therapy market was valued at USD 39.74 Billion in 2025 and is projected to reach USD 76.94 Billion by 2035, growing at a CAGR of 6.83%. Market growth is supported by rising adoption of homecare oxygen devices, advancements in portable oxygen delivery systems, and increasing awareness regarding respiratory health management.

This article explores the key factors influencing the market, including product types, applications, end users, regional trends, and major players.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/oxygen-therapy-market/requestsample.

Market Breakup by Product

Oxygen therapy devices and equipment are categorized based on their function and technology. The market is segmented into:

Oxygen Source Equipment

Liquid Oxygen Devices: Provide concentrated oxygen for homecare and clinical settings; widely used in chronic conditions.

Oxygen Cylinders: Traditional oxygen supply for hospitals, ambulatory settings, and emergency care.

Oxygen Concentrators: Devices that extract oxygen from ambient air; increasingly popular for homecare use.

PAP Devices (Positive Airway Pressure Devices): Include CPAP, APAP, and Bi-PAP machines used in obstructive sleep apnea and respiratory distress syndrome management.

Oxygen Delivery Devices

Oxygen Masks: Basic masks delivering controlled oxygen flow.

Venturi Masks: Ensure accurate oxygen concentrations for critical care patients.

Bag-Valve Masks: Used in emergency resuscitation scenarios.

Non-Rebreather Masks: Provide high oxygen concentrations for acute conditions.

Nasal Cannulas: Lightweight and suitable for long-term home oxygen therapy.

Others: Specialized oxygen delivery systems for neonates and patients requiring precise oxygen levels.

Market Breakup by Portability

Device portability is a key factor influencing the adoption of oxygen therapy:

Stationary Devices: Typically used in hospitals and clinics; suitable for patients with limited mobility.

Portable Devices: Lightweight concentrators and oxygen cylinders designed for homecare and mobile use; support patient independence and quality of life.

Market Breakup by Application

Oxygen therapy is essential for managing a variety of respiratory and systemic conditions:

Asthma: Supplemental oxygen supports acute exacerbations and improves breathing.

Pneumonia: Oxygen therapy helps maintain oxygen saturation in severe cases.

Cystic Fibrosis: Chronic respiratory disease management includes oxygen supplementation.

Respiratory Distress Syndrome (RDS): Common in neonatal care; oxygen therapy is critical.

Obstructive Sleep Apnea (OSA): CPAP, Bi-PAP, and APAP devices deliver controlled airflow and oxygen.

Chronic Obstructive Pulmonary Disease (COPD): Long-term oxygen therapy reduces complications and improves survival.

Others: Cardiac-related respiratory insufficiency, post-surgical oxygen supplementation, and emergency care use.

Read the Full Report with the Table of Contents - https://www.expertmarketresearch.com/reports/oxygen-therapy-market.

Market Breakup by End User

Oxygen therapy devices are utilized across multiple healthcare settings:

Hospitals and Clinics: Largest end user segment; includes ICUs, emergency departments, and inpatient wards.

Ambulatory Surgical Centers (ASCs): Oxygen therapy for perioperative care.

Homecare Settings: Increasing adoption due to rising chronic respiratory disease prevalence and patient preference for home-based care.

Others: Nursing homes, rehabilitation centers, and specialized respiratory therapy centers.

Regional Analysis of the Oxygen Therapy Market

The global oxygen therapy market exhibits regional variations in adoption, growth, and market dynamics:

North America

Largest regional market share due to advanced healthcare infrastructure and high prevalence of chronic respiratory diseases.

Widespread adoption of home oxygen therapy and portable devices.

Strong presence of key industry players like Philips Healthcare and Linde Healthcare.

Europe

Moderate growth with emphasis on homecare solutions and government support programs.

Rising awareness regarding COPD and sleep apnea therapy contributes to market expansion.

Asia Pacific

Rapid growth driven by increasing population, improving healthcare access, and rising respiratory disease prevalence.

Emerging adoption of oxygen concentrators and PAP devices in countries like China, India, and Japan.

Latin America

Expanding healthcare infrastructure and government initiatives to provide oxygen therapy in public hospitals.

Increasing adoption of portable oxygen devices for homecare patients.

Middle East and Africa

Growing investments in healthcare infrastructure and awareness programs.

Limited but expanding market opportunities due to increasing chronic respiratory diseases.

Trends and Opportunities in the Oxygen Therapy Market

Advancements in Portable Devices: Lightweight, battery-operated oxygen concentrators are gaining popularity.

Telemedicine Integration: Remote monitoring of oxygen saturation and device compliance is driving adoption.

Homecare Focus: Patient preference for home-based oxygen therapy supports market expansion.

Government Initiatives: Subsidies, reimbursement policies, and awareness programs accelerate adoption.

R&D in PAP Devices: Development of smart CPAP and Bi-PAP devices with improved comfort and automation.

Challenges in the Market

High Cost of Advanced Devices: Portable concentrators and PAP devices require significant investment.

Device Maintenance and Supply Issues: Oxygen cylinders and concentrators require regular servicing and refills.

Patient Compliance: Ensuring adherence to long-term oxygen therapy and PAP device usage remains a challenge.

Regulatory Barriers: Stringent approvals for medical devices can delay market entry.

Key Companies in the Oxygen Therapy Market

Philips Healthcare - Offers a range of oxygen concentrators, PAP devices, and delivery systems.

Linde Healthcare - Leader in medical oxygen supply and delivery equipment.

Chart Industries, Inc. - Provides liquid oxygen storage and delivery solutions.

Invacare Corporation - Specializes in home oxygen therapy devices and concentrators.

Smith Pharmacy - Supplies oxygen therapy equipment and consumables.

Dragerwerk AG & Co. KGaA - Provides hospital oxygen systems and critical care solutions.

Teleflex Incorporated - Delivers masks, cannulas, and ventilation devices.

Fisher & Paykel Healthcare Corporation Limited - Supplies respiratory support systems, including PAP devices.

These companies are focusing on:

Product innovation

Strategic partnerships with hospitals and homecare providers

Expanding distribution networks globally

Future Outlook (2026-2035)

The oxygen therapy market is expected to grow steadily over the next decade due to:

Rising prevalence of chronic respiratory disorders like COPD and asthma

Increasing homecare adoption and portable device usage

Technological advancements in oxygen delivery and monitoring

Rising geriatric population requiring long-term oxygen therapy

Favorable reimbursement policies and government incentives

By 2035, the market is projected to reach USD 76.94 Billion, driven by innovation in PAP devices, portable oxygen concentrators, and integration with telemedicine platforms.

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