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.
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 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.
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.
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.
This product will be delivered within 1-3 business days.
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.
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 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.
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.
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.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Oxygen Source Equipment Market Characteristics
3. Oxygen Source Equipment Market Supply Chain Analysis
4. Global Oxygen Source Equipment Market Trends and Strategies
5. Oxygen Source Equipment Market Analysis of End Use Industries
7. Global Oxygen Source Equipment Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Oxygen Source Equipment Total Addressable Market (TAM) Analysis for the Market
9. Oxygen Source Equipment Market Segmentation
10. Oxygen Source Equipment Market Regional and Country Analysis
11. Asia-Pacific Oxygen Source Equipment Market
12. China Oxygen Source Equipment Market
13. India Oxygen Source Equipment Market
14. Japan Oxygen Source Equipment Market
15. Australia Oxygen Source Equipment Market
16. Indonesia Oxygen Source Equipment Market
17. South Korea Oxygen Source Equipment Market
18. Taiwan Oxygen Source Equipment Market
19. South East Asia Oxygen Source Equipment Market
20. Western Europe Oxygen Source Equipment Market
21. UK Oxygen Source Equipment Market
22. Germany Oxygen Source Equipment Market
23. France Oxygen Source Equipment Market
24. Italy Oxygen Source Equipment Market
25. Spain Oxygen Source Equipment Market
26. Eastern Europe Oxygen Source Equipment Market
27. Russia Oxygen Source Equipment Market
28. North America Oxygen Source Equipment Market
29. USA Oxygen Source Equipment Market
30. Canada Oxygen Source Equipment Market
31. South America Oxygen Source Equipment Market
32. Brazil Oxygen Source Equipment Market
33. Middle East Oxygen Source Equipment Market
34. Africa Oxygen Source Equipment Market
36. Oxygen Source Equipment Market Competitive Landscape and Company Profiles
37. Oxygen Source Equipment Market Other Major and Innovative Companies
40. Oxygen Source Equipment Market High Potential Countries, Segments and Strategies
41. Appendix
List of Tables
Executive Summary
Oxygen Source Equipment Market Global Report 2026 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.
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Description
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 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.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product Type: Oxygen Cylinders; Oxygen Concentrators; Liquid Oxygen Equipment; Oxygen Systems For Industrial Use; Portable Oxygen Systems2) By Delivery Mode: Gas Delivery Systems; Cryogenic Liquid Delivery Systems; Portable Delivery Systems; Pipeline Delivery Systems; Bulk Oxygen Supply Systems
3) By Application: Hospital; Clinic; Other Applications
4) By End-User: Healthcare And Medical; Aerospace And Aviation; Industrial Manufacturing; Water Treatment Plants; Energy And Power Generation
Subsegments:
1) By Oxygen Cylinders: Steel Oxygen Cylinders; Aluminum Oxygen Cylinders; Composite Oxygen Cylinders; High-Pressure Oxygen Cylinders; Low-Pressure Oxygen Cylinders2) By Oxygen Concentrators: Portable Oxygen Concentrators; Stationary Oxygen Concentrators; Continuous Flow Concentrators; Pulse Dose Concentrators
3) By Liquid Oxygen Equipment: Portable Liquid Oxygen Units; Home-Based Reservoir Systems; Hospital-Based Bulk Liquid Oxygen Systems; Mobile Cryogenic Containers
4) By Oxygen Systems For Industrial Use: Pressure Swing Adsorption (PSA) Oxygen Plants; Vacuum Pressure Swing Adsorption (VPSA) Plants; Cryogenic Air Separation Units (ASUs); Membrane-Based Oxygen Generators
5) By Portable Oxygen Systems: Wearable Oxygen Devices; Lightweight Cylindrical Kits; Portable Oxygen Concentrator Kits; Backpack Oxygen Delivery Systems
Companies Mentioned: 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
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Oxygen Source Equipment market report include:- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 4.38 Billion |
| Forecasted Market Value ( USD | $ 6.46 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
