Product Code: 20910
Global Liquid Oxygen Devices Market was valued at USD 6.23 billion in 2024 and is expected to reach USD 7.87 billion by 2030 with a CAGR of 3.97% during the forecast period. The Global Liquid Oxygen Devices Market encompasses a diverse range of medical equipment designed to store and deliver liquid oxygen to patients. These devices play a crucial role in the treatment of respiratory conditions and are widely used in both hospital settings and for home healthcare.
Market Overview |
Forecast Period | 2026-2030 |
Market Size 2024 | USD 6.23 Billion |
Market Size 2030 | USD 7.87 Billion |
CAGR 2025-2030 | 3.97% |
Fastest Growing Segment | Direct Sales |
Largest Market | North America |
Key Market Drivers
Increasing Prevalence of Respiratory Diseases
Respiratory diseases have become a global health concern, affecting millions of people across the world. As the prevalence of respiratory conditions continues to rise, the demand for medical solutions, such as liquid oxygen devices, has surged.
Respiratory diseases encompass a broad spectrum of conditions, including chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and pulmonary fibrosis. They are characterized by symptoms like shortness of breath, wheezing, and coughing, which can significantly impact a patient's quality of life.
Environmental factors, such as air pollution, play a major role in the development of respiratory conditions. Prolonged exposure to pollutants, both indoors and outdoors, increases the risk of developing lung diseases. As industrialization and urbanization continue to expand, air quality concerns persist. Smoking is a leading cause of respiratory diseases, particularly COPD and lung cancer. Despite ongoing anti-smoking campaigns and regulations, tobacco use remains prevalent in many regions, contributing to the burden of respiratory conditions. The global population is aging, with a larger proportion of elderly individuals who are more susceptible to respiratory diseases. Aging is associated with a natural decline in lung function, making older adults more vulnerable to these conditions. Sedentary lifestyles, unhealthy diets, and obesity are additional risk factors for developing respiratory diseases. These lifestyle choices are increasingly common in both developed and developing countries.
Key Market Challenges
Regulatory Compliance and Quality Assurance
Ensuring that liquid oxygen devices meet stringent regulatory standards and quality assurance requirements is a significant challenge. Manufacturers must navigate complex and evolving regulations to maintain the safety and efficacy of their products. Failure to comply with these regulations can result in product recalls and legal consequences.
Key Market Trends
Telehealth Integration
The integration of telehealth and remote patient monitoring is becoming increasingly prevalent. This trend is set to impact the liquid oxygen devices market as healthcare providers use telehealth platforms to monitor and adjust oxygen therapy remotely, enhancing patient convenience and adherence to treatment.
Key Market Players
- CAIRE Inc.
- Cryofab Inc
- Koninklijke Philips N.V.
- Air Liquide SA
- Inogen Inc
- ErgoMed Inc.
- Taylor-Wharton International LLC
- Inova Labs
- DeVilbiss Healthcare
- NTK Oxygen Electronics Co. Ltd.
Report Scope:
In this report, the Global Liquid Oxygen Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Liquid Oxygen Devices Market, By Distribution Channel:
- Direct Sales
- Indirect Sales
Liquid Oxygen Devices Market, By End Use:
- Hospitals
- Outpatient Facilities
- Homecare
- Others
Liquid Oxygen Devices Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Liquid Oxygen Devices Market.
Available Customizations:
Global Liquid Oxygen Devices market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Liquid Oxygen Devices Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 5.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Product Market Map
- 5.3.1. By Distribution Channel
- 5.3.2. By End Use
- 5.3.3. By Region
6. North America Liquid Oxygen Devices Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 6.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Liquid Oxygen Devices Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Distribution Channel
- 6.3.1.2.2. By End Use
- 6.3.2. Canada Liquid Oxygen Devices Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Distribution Channel
- 6.3.2.2.2. By End Use
- 6.3.3. Mexico Liquid Oxygen Devices Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Distribution Channel
- 6.3.3.2.2. By End Use
7. Europe Liquid Oxygen Devices Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 7.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Liquid Oxygen Devices Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Distribution Channel
- 7.3.1.2.2. By End Use
- 7.3.2. United Kingdom Liquid Oxygen Devices Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Distribution Channel
- 7.3.2.2.2. By End Use
- 7.3.3. France Liquid Oxygen Devices Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Distribution Channel
- 7.3.3.2.2. By End Use
- 7.3.4. Italy Liquid Oxygen Devices Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Distribution Channel
- 7.3.4.2.2. By End Use
- 7.3.5. Spain Liquid Oxygen Devices Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Distribution Channel
- 7.3.5.2.2. By End Use
8. Asia-Pacific Liquid Oxygen Devices Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 8.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 8.2.3. By Country
- 8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Liquid Oxygen Devices Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Distribution Channel
- 8.3.1.2.2. By End Use
- 8.3.2. Japan Liquid Oxygen Devices Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Distribution Channel
- 8.3.2.2.2. By End Use
- 8.3.3. India Liquid Oxygen Devices Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Distribution Channel
- 8.3.3.2.2. By End Use
- 8.3.4. Australia Liquid Oxygen Devices Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Distribution Channel
- 8.3.4.2.2. By End Use
- 8.3.5. South Korea Liquid Oxygen Devices Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Distribution Channel
- 8.3.5.2.2. By End Use
9. South America Liquid Oxygen Devices Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 9.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 9.2.3. By Country
- 9.3. South America: Country Analysis
- 9.3.1. Brazil Liquid Oxygen Devices Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Distribution Channel
- 9.3.1.2.2. By End Use
- 9.3.2. Argentina Liquid Oxygen Devices Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Distribution Channel
- 9.3.2.2.2. By End Use
- 9.3.3. Colombia Liquid Oxygen Devices Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Distribution Channel
- 9.3.3.2.2. By End Use
10. Middle East and Africa Liquid Oxygen Devices Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Distribution Channel (Direct Sales, Indirect Sales)
- 10.2.2. By End Use (Hospitals, Outpatient Facilities, Homecare, Others)
- 10.2.3. By Country
- 10.3. MEA: Country Analysis
- 10.3.1. South Africa Liquid Oxygen Devices Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Distribution Channel
- 10.3.1.2.2. By End Use
- 10.3.2. Saudi Arabia Liquid Oxygen Devices Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Distribution Channel
- 10.3.2.2.2. By End Use
- 10.3.3. UAE Liquid Oxygen Devices Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Distribution Channel
- 10.3.3.2.2. By End Use
- 10.3.4. Kuwait Liquid Oxygen Devices Market Outlook
- 10.3.4.1. Market Size & Forecast
- 10.3.4.2. Market Share & Forecast
- 10.3.4.2.1. By Distribution Channel
- 10.3.4.2.2. By End Use
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Recent Development
- 12.2. Mergers & Acquisitions
- 12.3. Product Launches
13. Porter's Five Forces Analysis
- 13.1. Competition in the Industry
- 13.2. Potential of New Entrants
- 13.3. Power of Suppliers
- 13.4. Power of Customers
- 13.5. Threat of Substitute Products
14. Competitive Landscape
- 14.1. CAIRE Inc
- 14.1.1. Business Overview
- 14.1.2. Company Snapshot
- 14.1.3. Product Offerings
- 14.1.4. Recent Developments
- 14.1.5. Financials (As Reported)
- 14.1.6. Key Personnel
- 14.1.7. SWOT Analysis
- 14.2. Cryofab Inc
- 14.3. Koninklijke Philips NV
- 14.4. Air Liquide SA
- 14.5. Inogen Inc
- 14.6. ErgoMed Inc.
- 14.7. Taylor-Wharton International LLC
14.8 Inova Labs
- 14.9. DeVilbiss Healthcare
- 14.10. NTK Oxygen Electronics Co. Ltd.
15. Strategic Recommendations
16. About Us & Disclaimer