Us Portable E Oxygen Tanks Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Portable E Oxygen Tanks Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
The U.S. portable oxygen tanks market has witnessed significant growth, driven by the increasing prevalence of respiratory diseases and a rising geriatric population. In 2022, the global medical oxygen cylinders market was valued at approximately USD 4.0 billion, with expectations to expand at a compound annual growth rate (CAGR) of 4.40% from 2023 to 2030. This growth is largely attributed to the heightened demand for portable oxygen solutions, especially in home-care settings.
Portable oxygen tanks have become essential for patients requiring supplemental oxygen due to conditions like chronic obstructive pulmonary disease (COPD) and asthma. The convenience and mobility offered by these portable devices allow patients to maintain an active lifestyle without being confined to stationary oxygen sources. Technological advancements have led to the development of lighter and more efficient portable oxygen kits, enhancing user experience and compliance.
The COVID-19 pandemic further underscored the critical need for accessible oxygen therapy. During the peak of the pandemic, the demand for medical oxygen surged, leading to increased production and distribution efforts. This period highlighted the importance of portable oxygen solutions, as many patients required respiratory support outside traditional hospital settings.
In the U.S., the portable oxygen concentrators market is projected to reach approximately USD 1.7 billion by 2030, reflecting the growing demand for portable oxygen solutions. The shift towards home healthcare, driven by cost-effectiveness and patient comfort, has significantly contributed to this trend. Patients and healthcare providers are increasingly recognizing the benefits of portable oxygen tanks, including improved quality of life and reduced hospital readmissions.
However, challenges persist. Discussions on platforms like Reddit reveal concerns about the rising costs of oxygen refills. For instance, a user mentioned, "My husband just refilled his 200 tank and it was $85, which is double what it was a few years ago." Such firsthand accounts highlight the financial burdens patients may face, emphasizing the need for more affordable solutions.
Despite these challenges, the U.S. portable oxygen tanks market continues to evolve, driven by technological innovations and a focus on patient-centered care. As the healthcare landscape shifts towards more personalized and home-based treatments, the demand for portable oxygen solutions is expected to rise, offering patients greater autonomy and improved health outcomes.
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Linde
Invacare Corporation
Koninklijke Philips
Chart Industries
Fisher & Paykel Healthcare
Drägerwerk
Inogen
Messer Medical
HERSILL
GCE
Allied Healthcare Products
Respan Products
Drive DeVilbiss International
Catalina Cylinders
Luxfer Gas Cylinders
Worthington Industries
Cramer Decker Medical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Portable E Oxygen Tanks Market
Disposable Oxygen Tanks
Reusable Oxygen Tanks
Portable Oxygen Concentrators
Hospitals and Clinics
Homecare Settings
Ambulatory Services
Travel and Recreational Use
Short-Term Use (Less than 24 hours)
Medium-Term Use (1 to 30 days)
Long-Term Use (More than 30 days)
Direct Sales
Online Retailers
Medical Supply Stores
Pharmacies
Manual Oxygen Tanks
Automated Oxygen Delivery Systems
Smart Oxygen Monitoring Devices
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Portable E Oxygen Tanks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Portable E Oxygen Tanks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Portable E Oxygen Tanks Market, By Type
6. Global Portable E Oxygen Tanks Market, By Application
7. Global Portable E Oxygen Tanks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Portable E Oxygen Tanks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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