PUBLISHER: The Business Research Company | PRODUCT CODE: 1653189
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653189
The oxygen flow meter plays a crucial role in measuring and regulating the quantity of oxygen administered to patients undergoing oxygen therapy. Beyond accurately detecting real-time oxygen flow, it provides healthcare providers with vital information regarding a patient's oxygen absorption status. These flow meters have become standard equipment in hospitals across all levels of care.
There are various types of oxygen flow meters, including double flange type, plug-in type, and others. Plug-in type oxygen flow meters are predominantly employed in the healthcare sector, specifically in hospitals, surgical facilities, and clinics, for monitoring or controlling high-pressure oxygen supplied from an oxygen cylinder. These meters come in different calibration types, such as automatic and manual, and find applications in healthcare, industrial, aerospace, chemical, and various other sectors.
The oxygen flow meters market research report is one of a series of new reports from The Business Research Company that provides oxygen flow meters market statistics, including oxygen flow meters industry global market size, regional shares, competitors with a oxygen flow meters market share, detailed oxygen flow meters market segments, market trends and opportunities, and any further data you may need to thrive in the oxygen flow meters industry. This oxygen flow meters 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 flow meters market size has grown strongly in recent years. It will grow from $1.78 billion in 2024 to $1.92 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to healthcare industry growth, regulatory compliance, aging population, chronic respiratory conditions, respiratory care.
The oxygen flow meters market size is expected to see rapid growth in the next few years. It will grow to $2.99 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to telemedicine, home healthcare, point-of-care testing, pneumonia, non-invasive ventilation. Major trends in the forecast period include technological advancements, portable oxygen solutions, internet of things (iot) and connectivity, portable oxygen solutions, smart healthcare.
The anticipated rise in the number of COVID-19 cases globally is set to drive the growth of the oxygen flowmeter market in the coming days. COVID-19, caused by the SARS-CoV-2 virus, is an infectious disease leading to mild to moderate respiratory symptoms for most infected individuals, necessitating external oxygen for breathing. For example, Worldometer, a US-based statistical reference website, reported a surge in new COVID-19 cases from 510 million on April 25, 2022, to 511 million on April 27, 2022. Consequently, the increasing prevalence of COVID-19 cases is a catalyst for the expansion of the oxygen flowmeter market.
The rising incidence of respiratory illnesses is anticipated to drive the growth of the oxygen flowmeter market in the coming years. Respiratory illness encompasses a range of medical conditions affecting the respiratory system, including the airways and lungs, which can lead to difficulties in breathing. Patients suffering from respiratory illnesses often need oxygen therapy to alleviate symptoms and enhance their quality of life. This heightened demand for oxygen therapy fuels the need for oxygen flowmeters, which are essential for accurately regulating and monitoring oxygen delivery. For example, in June 2024, a report released by the Australian Institute of Health and Welfare, a national agency based in Australia, indicated that the prevalence of asthma in 2022 was similar for boys and girls aged 0-14, but higher for females over 15. Additionally, COPD increased with age, being more prevalent in outer regional and remote areas (3.9%) compared to major cities (2.2%). In 2023, an estimated 2.8 million people (11%) were living with asthma, while approximately 638,000 individuals (2.5%) had COPD. Therefore, the rising number of respiratory illnesses is propelling the growth of the oxygen flowmeter market.
New product developments have emerged as a significant trend gaining traction in the oxygen flowmeters market. Major companies in the oxygen flowmeters sector are concentrating on innovative product designs to meet consumer demand and enhance their market position. For example, in February 2024, Endress+Hauser, a Switzerland-based company specializing in process instrumentation and solutions, introduced the Memobase Pro software, designed to seamlessly integrate with the Liquiline Mobile CML18 handheld meter. This innovative combination of advanced measurement technology and mobile app functionalities provides a digital platform with unparalleled capabilities for measurement, calibration, and documentation. The device has garnered considerable praise for its effectiveness in measuring pH, conductivity, oxygen, and ORP.
Major companies in the oxygen flowmeter market are developing high-flow oxygen therapy flowmeters, such as the OXYLL 70 L/min, to cater to larger customer bases, boost sales, and enhance revenue. The OXYLL 70 L/min is specifically designed to deliver a controlled and precise flow of oxygen to patients requiring high-flow oxygen therapy. For example, in September 2023, ABB Ltd., a Switzerland-based automation company, introduced the CoriolisMaster and ProcessMaster flowmeters, which eliminate the need for separate wiring as they can be powered through the same Ethernet line used for data transmission. This new feature enhances data transfer speed and reliability while reducing installation time and costs. These flowmeters could be utilized in oxygen-handling systems across industrial, medical, or laboratory settings.
In January 2022, ICU Medical Inc., a US-based medical company, acquired Smiths Medical for an undisclosed amount, intending to continue delivering innovation, quality, and value to clinical customers worldwide. Smiths Medical, based in the US, is a company that specializes in providing oxygen flow meters.
Major companies operating in the oxygen flow meters market include D.Z. Medicale S.r.l., Heyer Medical AG, Ohio Medical Corporation, Megasan Medical, Precision Medical Inc., HERSILL SL., Penlon Ltd., BURAK Metering Pvt Ltd, Amcaremed Technology Co. Limited, Dwyer Instruments Ltd., Deluxe Industrial Gases, Sumukha Meditek, Ashish Engineering, Smiths Medical Inc., Maxtec LLC., Allied Healthcare Products Inc., Becton Dickinson and Company, Bio-Med Devices Inc., Bunnell Incorporated, CareFusion Corporation, Drive DeVilbiss Healthcare Inc., Fisher & Paykel Healthcare, Flexicare Medical Limited, GCE Group, Hamilton Medical AG, Inogen Inc., Invacare Corporation, Medline Industries Inc., O2 Concepts, OxyGo LLC., ResMed Inc., Teijin Limited
North America was the largest region in the oxygen flow meters market in 2024. The regions covered in the oxygen flow meters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the oxygen flow meters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The oxygen flow meter market consists of sales of thorpe tube oxygen flow meter, bourdon gauge oxygen flow meter, and dial/click oxygen flow meter. 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 Flow Meters Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on oxygen flow meters 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 flow meters ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oxygen flow meters 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, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.