Global Medical Oxygen Cylinders Market

Global Medical Oxygen Cylinders Market Size Insights Forecasts to 2035

• The Global Medical Oxygen Cylinders Market Size Was valued at USD 4.38 Billion in 2024
• The Global Medical Oxygen Cylinders Market Size is Expected to Grow at a CAGR of around 5.32% from 2025 to 2035
• The Worldwide Medical Oxygen Cylinders Market Size is Expected to Reach USD 7.75 Billion by 2035
• Asia-Pacific is expected to grow the fastest during the forecast period.

According to a research report published by Decisions Advisors and Consulting, The Global Medical Oxygen Cylinders Market Size Was Worth Around USD 4.38 Billion In 2024 And Is Predicted To Grow To Around USD 7.75 Billion By 2035 With A Compound Annual Growth Rate (CAGR) Of 5.32% From 2025 To 2035. The global medical oxygen cylinders market will experience future growth through its expansion into emerging markets and its adoption of lightweight composite materials and the implementation of intelligent monitoring systems and its rising need for home medical services and its collaborations to develop home-based oxygen production systems.

 

Market Overview

The Global Medical Oxygen Cylinders Market Size refers to the worldwide industry involved in the manufacturing distribution and supply of medical-grade oxygen cylinders which hospitals use for respiratory therapy and emergency care. The cylinders serve as storage units that deliver compressed oxygen to hospitals clinics ambulatory centers and homecare settings which treat patients with respiratory disorders and medical conditions that require oxygen support. Additionally, the home-based oxygen therapy system is being adopted in Asia-Pacific and Latin America and the Middle East because of urban growth and higher healthcare expenditures and improved understanding of chronic respiratory illnesses. Patients who want to use oxygen therapy at home choose portable oxygen cylinders which they can acquire through online medical equipment platforms that also provide home-delivery refill services. The transition to consumer-oriented oxygen therapy systems has created major business expansion possibilities for both local distributors and international product makers. Moreover, health systems are changing their buying patterns because cylinder valve design and digital monitoring technologies are advancing at a rapid pace. The combination of smart valves with digital pressure indicators and IoT tracking tools and integrated flow-control systems enables hospitals to achieve three main benefits. Manufacturers can create a competitive advantage through their new safety-enabled digital cylinders which will help them attract premium customers from advanced medical institutions.

 

Report Coverage

This research report categorizes the medical oxygen cylinders market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the medical oxygen cylinders market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the medical oxygen cylinders market. 

 

Driving Factors

The Global Medical Oxygen Cylinders Market Size exists because more people currently have chronic respiratory diseases which include COPD and asthma and the worldwide population is growing older and home healthcare services are expanding and developing countries are building better healthcare facilities and more people understand their need for oxygen therapy after COVID-19. The market experiences growth because new technologies lead to better cylinder designs and improved cylinder functions.

 

Restraining Factors

The expenses of transporting and refilling medical oxygen cylinders increase when they need to be moved to remote mountainous areas and difficult-to-reach locations. The need for specialized transport vehicles dedicated logistics partners and frequent refill cycles leads to higher operational costs for healthcare facilities. Hospitals face major challenges in low and middle income countries because refill delays and shortages during peak demand times disrupt patient care and hospitals avoid using cylinder-based oxygen delivery systems.

 

Market Segmentation

The medical oxygen cylinders market share is classified into product type and application.

 

• The fixed segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.           

Based on the product type, the medical oxygen cylinders market is divided into fixed and portable. Among these, the fixed segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The pandemic increased demand for medical oxygen cylinders which created market share growth, while the rising elderly population who need home healthcare services also contributed to market share growth. The UN estimates that 703 million people who were 65 years and older lived in the world during 2019, while more than 14% of elderly people experienced COPD. The pandemic created high demand for portable medical oxygen cylinders because patients needed to receive at-home treatments during the period when hospitals had restricted their patient admission capacity.

• The non-home care segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.     

Based on the application, the medical oxygen cylinders market is divided into home-care and non-home care. Among these, the non-homecare segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The pandemic brought about a significant need for oxygen support which created the main reason why people stayed at non-home care facilities. The segment experienced growth because more patients needed hospitalization. The healthcare facilities expanded their medical oxygen capacity because they needed to handle the increasing medical oxygen demand which resulted in segment expansion.    

 

Regional Segment Analysis of the Medical Oxygen Cylinders Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the medical oxygen cylinders market over the predicted timeframe.

North America is anticipated to hold the largest share of the medical oxygen cylinders market over the predicted timeframe. The expansion of multispecialty surgical centers and improved emergency transport infrastructure has further increased oxygen procurement. The demand for this segment has increased because public and private hospitals are making critical-care upgrades through their raised funding. Medical oxygen cylinders are needed at all times because advanced hospitals and critical-care units together with ambulatory surgical centers create ongoing medical oxygen requirements. The market consumption of long-term oxygen therapy systems has increased because government programs together with reimbursement policies and the growing elderly population and rising respiratory health awareness. The market receives additional strength through emergency services and home healthcare which use smart oxygen delivery systems with IoT-enabled monitoring and portable composite cylinders.

 

Asia-Pacific is expected to grow at a rapid CAGR in the medical oxygen cylinders market during the forecast period. Medical tourism has experienced growth together with emergency medical service development and increased understanding of critical-care respiratory management which has resulted in strong growth across countries such as India China and Japan. The increasing availability of portable and composite oxygen cylinders together with technological advancements in smart valves and digital monitoring systems has resulted in more people using these devices. The partnerships between local manufacturers and international medical gas suppliers enable wider product distribution which helps to expand market access in the area.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the medical oxygen cylinders market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• Drive Devilbiss International
• Koninklijke Philips N.V.
• Nidek Medical India
• CAIRE Inc
• Linde plc
• Air Liquide
• AMS Composite Cylinders 
• Pune Air Products
• EKC (Everest Kanto Cylinder Limited)
• Rama Cylinders
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Development

 

• In May 2025, Kenya’s Ministry of Health and PATH launched the first national medical oxygen roadmap (2025–2030) to ensure equitable, sustainable access to lifesaving oxygen by strengthening production, distribution, quality standards, and workforce capacity.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the global medical oxygen cylinders market based on the below-mentioned segments: 

 

Global Medical Oxygen Cylinders Market, By Product Type

• Fixed
• Portable

 

Global Medical Oxygen Cylinders Market, By Application

• Home-care
• Non-Home care

 

Global Medical Oxygen Cylinders Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  •  South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

 

Frequently Asked Questions (FAQ)

 

1. What is the CAGR of the medical oxygen cylinders market over the forecast period?

A: The global medical oxygen cylinders market is projected to expand at a CAGR of 5.32% during the forecast period.

 

2. What is the market size of the medical oxygen cylinders market?

A: The global medical oxygen cylinders market size is estimated to grow from USD 4.38 billion in 2024 to USD 7.75 billion by 2035, at a CAGR of 5.32% during the forecast period 2025-2035.  

 

3. Which region holds the largest share of the medical oxygen cylinders market?

A: North America is anticipated to hold the largest share of the medical oxygen cylinders market over the predicted timeframe.

 

4. Who are the top 10 companies operating in the global medical oxygen cylinders market?

A: Drive Devilbiss International, Koninklijke Philips N.V., Nidek Medical India, CAIRE Inc, Linde plc, Air Liquide, AMS Composite Cylinders, Pune Air Products, EKC (Everest Kanto Cylinder Limited), Rama Cylinders, and Others

 

5. What are the market trends in the medical oxygen cylinders market?

A: The medical oxygen cylinders market experiences growth because of increasing cases of chronic respiratory diseases and the rising demand for home healthcare solutions and portable medical equipment and the development of advanced lightweight materials and the implementation of smart monitoring systems and the worldwide expansion of on-site oxygen distribution networks.