The global oxygen cylinders and concentrators market is envisioned to garner $6.65 Billion by 2031, growing from $4.15 Billion in 2021 at a CAGR of 4.6% from 2022 to 2031.

The main drivers of the oxygen cylinders and concentrators market are the increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea. These conditions often require patients to use supplemental oxygen to help them breathe, which has increased the demand for oxygen cylinders and concentrators. The global prevalence of respiratory diseases has been increasing due to factors such as air pollution, smoking, and an aging population. According to the World Health Organization (WHO), respiratory diseases are responsible for one in seven deaths worldwide, making them a significant public health concern.
Oxygen concentrators need electricity to operate, and they can be difficult to use in places with limited or inconsistent power supplies. Furthermore, the manufacture and disposal of electronic devices like concentrators may have an effect on the environment, especially if they are not disposed of properly. These factors are anticipated to hamper the market growth.
Growing technical improvements in oxygen cylinders and concentrators are projected to boost the market in the future. As the need for oxygen cylinders and concentrators rises at an alarming rate, researchers and scientists have stepped up their research and development efforts to create cutting-edge technological solutions for patients suffering from respiratory diseases. For example, in June 2021, researchers at the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bengaluru, India, developed OxiJani, an affordable and transportable oxygen concentrator that may be utilized in rural locations as well as quickly deployed for emergencies in any location.
The COVID-19 pandemic had a significant impact on the oxygen cylinders and concentrators market. One of the main effects has been a surge in demand for oxygen therapy devices, particularly in countries experiencing high rates of COVID-19 cases. This has put a pressure on global supply chains and has led to shortages of oxygen cylinders and concentrators in medical areas. In addition, the pandemic has highlighted the importance of oxygen therapy in managing COVID-19 patients, particularly those with severe symptoms. This has led to increased awareness of the need for adequate healthcare resources, including oxygen therapy devices, and has led to a surge in investment in healthcare infrastructure.
The key players profiled in this report include Chart Industries, Inc., O2 Concepts, LLC, Nidek Medical India., Devilbiss Healthcare LLC, Inogen, Inc., Invacare Corporation, Worthington Industries, Resmed, TEIJIN LIMITED., and Koninklijke Philips N.V.

The main drivers of the oxygen cylinders and concentrators market are the increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea. These conditions often require patients to use supplemental oxygen to help them breathe, which has increased the demand for oxygen cylinders and concentrators. The global prevalence of respiratory diseases has been increasing due to factors such as air pollution, smoking, and an aging population. According to the World Health Organization (WHO), respiratory diseases are responsible for one in seven deaths worldwide, making them a significant public health concern.
Oxygen concentrators need electricity to operate, and they can be difficult to use in places with limited or inconsistent power supplies. Furthermore, the manufacture and disposal of electronic devices like concentrators may have an effect on the environment, especially if they are not disposed of properly. These factors are anticipated to hamper the market growth.
Growing technical improvements in oxygen cylinders and concentrators are projected to boost the market in the future. As the need for oxygen cylinders and concentrators rises at an alarming rate, researchers and scientists have stepped up their research and development efforts to create cutting-edge technological solutions for patients suffering from respiratory diseases. For example, in June 2021, researchers at the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bengaluru, India, developed OxiJani, an affordable and transportable oxygen concentrator that may be utilized in rural locations as well as quickly deployed for emergencies in any location.
The COVID-19 pandemic had a significant impact on the oxygen cylinders and concentrators market. One of the main effects has been a surge in demand for oxygen therapy devices, particularly in countries experiencing high rates of COVID-19 cases. This has put a pressure on global supply chains and has led to shortages of oxygen cylinders and concentrators in medical areas. In addition, the pandemic has highlighted the importance of oxygen therapy in managing COVID-19 patients, particularly those with severe symptoms. This has led to increased awareness of the need for adequate healthcare resources, including oxygen therapy devices, and has led to a surge in investment in healthcare infrastructure.
The key players profiled in this report include Chart Industries, Inc., O2 Concepts, LLC, Nidek Medical India., Devilbiss Healthcare LLC, Inogen, Inc., Invacare Corporation, Worthington Industries, Resmed, TEIJIN LIMITED., and Koninklijke Philips N.V.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the oxygen cylinders and concentrators market: global opportunity analysis and industry forecast, 2020-2027 by type analysis from 2021 to 2031 to identify the prevailing oxygen cylinders and concentrators market: global opportunity analysis and industry forecast, 2020-2027 by type opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the oxygen cylinders and concentrators market: global opportunity analysis and industry forecast, 2020-2027 by type segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global oxygen cylinders and concentrators market: global opportunity analysis and industry forecast, 2020-2027 by type trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Portable
- Fixed
By End User
- Healthcare
- Pharmaceutical and Biotechnology
- Manufacturing
- Aerospace and Automotive
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rets Of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Chart Industries (AirSep)
- DeVilbiss Healthcare (Drive DeVilbiss Healthcare)
- Inogen
- Inova Labs (ResMed)
- Invacare Corporation
- NIDEK Medical Products
- O2 Concepts
- Koninklijke Philips N.V. (Philips Healthcare)
- Worthington Industries
- Teijin
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: OXYGEN CYLINDERS AND CONCENTRATORS MARKET, BY TYPE
CHAPTER 5: OXYGEN CYLINDERS AND CONCENTRATORS MARKET, BY END USER
CHAPTER 6: OXYGEN CYLINDERS AND CONCENTRATORS MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures