PUBLISHER: The Business Research Company | PRODUCT CODE: 1946711
PUBLISHER: The Business Research Company | PRODUCT CODE: 1946711
Oxygen source equipment encompasses a wide range of devices used in medical and industrial applications to generate, concentrate, store, or supply oxygen in a controlled and efficient way. These systems are essential for providing respiratory support to patients, supporting industrial operations requiring high-purity oxygen, or maintaining safe and functional oxygen levels in specific environments. This category includes various oxygen delivery technologies that ensure a consistent and accessible oxygen supply across different usage scenarios and industries.
The primary product categories within oxygen source equipment include oxygen cylinders, oxygen concentrators, liquid oxygen equipment, oxygen systems for industrial purposes, and portable oxygen systems. Oxygen cylinders are pressurized containers that store and transport medical-grade oxygen for use in emergencies or therapeutic applications. Delivery methods for these products include gas delivery systems, cryogenic liquid systems, portable systems, pipeline systems, and bulk oxygen supply systems. These devices are widely used across multiple application areas such as hospitals, clinics, and other care facilities. The major end-user segments for these products include healthcare and medical, aerospace and aviation, industrial manufacturing, water treatment plants, and the energy and power generation industries.
Tariffs have moderately impacted the oxygen source equipment market by increasing the cost of imported components such as compressors, valves, cryogenic tanks, and electronic controls used in oxygen concentrators and liquid oxygen systems. These cost pressures have affected healthcare and industrial segments the most, with Asia-Pacific and Europe experiencing higher price sensitivity due to their reliance on cross-border manufacturing and equipment trade. Tariffs have also led to longer procurement cycles for hospital and bulk oxygen supply systems. However, on the positive side, tariffs are encouraging local manufacturing, domestic oxygen plant installations, and regional supply chain diversification, strengthening long-term market resilience.
The oxygen source equipment market research report is one of a series of new reports from The Business Research Company that provides oxygen source equipment market statistics, including oxygen source equipment industry global market size, regional shares, competitors with a oxygen source equipment market share, detailed oxygen source equipment market segments, market trends and opportunities, and any further data you may need to thrive in the oxygen source equipment industry. This oxygen source equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The oxygen source equipment market size has grown rapidly in recent years. It will grow from $3.97 billion in 2025 to $4.38 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing prevalence of respiratory disorders, expansion of hospital infrastructure, growth in industrial manufacturing activities, rising demand for medical oxygen in critical care, government investments in healthcare facilities.
The oxygen source equipment market size is expected to see rapid growth in the next few years. It will grow to $6.46 billion in 2030 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to aging population with chronic respiratory conditions, growth of home healthcare services, rising adoption of portable oxygen concentrators, expansion of industrial oxygen applications, technological advancements in oxygen generation systems. Major trends in the forecast period include rising adoption of home-based oxygen therapy, growing demand for portable and lightweight oxygen systems, expansion of on-site oxygen generation systems, increasing use of oxygen equipment in emergency and disaster care, technological advancements in oxygen storage and delivery safety.
The increasing prevalence of respiratory diseases is expected to propel the growth of the oxygen source equipment market going forward. Respiratory diseases refer to medical conditions that affect the lungs and other parts of the respiratory system, making breathing difficult. The rising prevalence of respiratory diseases is primarily due to increasing air pollution and exposure to environmental toxins which damage lung tissue, reduce respiratory function, and trigger or exacerbate conditions such as asthma, chronic obstructive pulmonary disease (COPD), and lung cancer. Oxygen source equipment is used in respiratory diseases to deliver supplemental oxygen, helping maintain adequate blood oxygen levels when the lungs are unable to do so effectively. For instance, in February 2024, according to the UK Health Security Agency, a UK-based government agency, in 2023, England recorded a 10.7% year-over-year increase in tuberculosis (TB) cases, with reported cases rising from 4,380 in 2022 to 4,850. Therefore, the increasing prevalence of respiratory diseases is driving the growth of the oxygen source equipment market.
Major players in the oxygen source equipment market are prioritizing the development of innovative products like portable oxygen concentrators, aiming to enhance patient independence, improve lifestyle quality, and meet rising demand for travel-friendly and home-use respiratory care devices. A portable oxygen concentrator is a compact device that isolates and supplies concentrated oxygen from the surrounding air, enabling users to receive oxygen therapy while remaining active. For example, in October 2024, Inogen, a U.S.-based medical technology firm, introduced the Rove 4-a lightweight portable oxygen concentrator that weighs less than 3 pounds. It offers four flow settings and delivers up to 840 ml/min of oxygen. The device features three battery options, providing up to 5 hours and 45 minutes of continuous operation, supporting patient mobility and daily functioning.
In July 2025, ESAB Corporation, a US-based manufacturing and technology firm, acquired Aktiv Technologies Pvt. Ltd. for an undisclosed sum. Through this acquisition, ESAB Corporation aimed to broaden and enhance its global portfolio of medical gas control solutions and manufacturing capabilities, with a particular focus on strengthening its footprint in the rapidly expanding Indian healthcare market. Aktiv Technologies Pvt. Ltd. is an India-based manufacturing company engaged in the design and production of medical and industrial gas control equipment, as well as central gas systems for hospitals and healthcare facilities.
Major companies operating in the oxygen source equipment market are Air Liquide Healthcare, Koninklijke Philips N.V., GCE Healthcare, Teijin Limited, ResMed Inc., Fisher & Paykel Healthcare, Invacare Corporation, Contec Medical Systems, Inogen Inc., Drive DeVilbiss Healthcare, CAIRE Inc., Precision Medical Inc., OxyGo LLC, O2 Concepts LLC, Longfian Scitech Co. Ltd., Nidek Medical Products, Besco Medical Limited, Scaleo Medical SAS, Oxus Inc., Linde Healthcare, Taiyo Nippon Sanso Corporation, Messer Group
North America was the largest region in the oxygen source equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oxygen source equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the oxygen source equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The oxygen source equipment market consists of sales of oxygen generators, regulators and valves, oxygen tubing, oxygen masks, and cannulas. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Oxygen Source Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses oxygen source equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for oxygen source equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The oxygen source equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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