Oxygen Flowmeters Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Genstartech, Precision Medical, AmcareMed, Technologie Medicale

The market for Oxygen Flowmeters was estimated to be worth $ 1.80 billion in 2021, and it is anticipated to increase to $ 2.5 billion by 2027, with a CAGR of 7.5% during forecast period 2022 and 2027.

Oxygen Flowmeters Market Overview

An oxygen flow meter assesses the flow of oxygen from an oxygen-dispensing device to oxygen. The apparatus that determines the flow from a gas concentrator or a gas tank may be independent or fixed to a specific area of an oxygen tank. Additionally, these meters are able to show whether there is a blockage in a line or whether the oxygen is not safe for use. The cost of manufacturing or purchasing several types of medical gases, such as oxygen, nitrous oxide, medical air, and nitrogen, is one of the primary expenditures in a huge number of hospitals. The rising need for oxygen flow rate measurement in healthcare applications worldwide is likely to drive market growth in the coming years. The amount of oxygen that is delivered from an oxygen dispenser to the oxygen user is measured by an O2 flow meter. It measures the flow from a gas concentrator or a gas tank and can be a freestanding instrument or attached to a portion of an oxygen tank. Additionally, these meters show whether a line is blocked or the oxygen is unfit for usage. The cost of manufacturing or purchasing various medical gases, including oxygen, medical air, nitrous oxide, and nitrogen, is one of the most significant expenses in the majority of hospitals. Several medical facilities have long used traditional methods of consuming gases, such as cylinders (in which the gas is provided), resulting in high operational expenses and a lack of monitoring of gas usage and consumption.

Industry News and Updates

Feb 23, 2021: NEW OXYLL OXYGEN FLOWMETER OXYLL 70 L/MIN – HIGH FLOW OXYGEN THERAPY--

HERSILL has launched its OXYLL 70 L/min Oxygen Flowmeter. Recommended for use in high flow oxygen therapy, together with active humidification equipment, so useful in the treatment of patients with COVID-19.

What are the major Applications, Types and Regions for Oxygen Flowmeters Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Without Humidifier


• With Humidifier

By Application, it is segmented into

• Hospital


• Clinic


• Others

Oxygen Flowmeters Market Regional Analysis

Asia Pacific dominated the market, accounting for more than 33.0% of the total in 2020, followed by North America. The healthcare industry in Asia Pacific has a high rate of oxygen flow meter adoption, which supports the expansion of the local market. As a result, it is anticipated that there will be an increase in the demand for plug-in and clamp-type oxygen flow meters in the area for pharmaceutical and biotechnology management. Additionally, due to ongoing advancements in the steel industry and other manufacturing sectors, the markets in India and China are anticipated to have considerable expansion throughout the projection period. Numerous producers and providers of oxygen flow rate monitoring equipment and solutions, such as Ohio Medical, Precision Medical, Inc., and Dwyer Instruments LTD, are based in North American countries, particularly the United States. As a result, the region accounts for a sizeable portion of revenue, and this tendency is anticipated to persist during the projected period. Firms that are CGA member companies have been making substantial efforts ever since the Covid-19 outbreak began. To meet the rising demand for medical oxygen in Canada and the United States, this includes converting containers and cylinders for use with medical oxygen, locating additional medical gas cylinders, increasing production and supply capacity, and, if necessary, giving medical assistance priority when allocating oxygen.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Oxygen Flowmeters Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Oxygen Flowmeters Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Oxygen Flowmeters Market report scope?

Key Takeaways from this Oxygen Flowmeters Market Report

• Evaluate Oxygen Flowmeters market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Oxygen Flowmeters market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Oxygen Flowmeters Market?

The Oxygen Flowmeters Market is growing at a CAGR of 7.5% over the next 5 years.

Who are the key players in Oxygen Flowmeters Market?

Genstartech, Precision Medical, AmcareMed, Technologie Medicale, BPR Medical, Precision UK Ltd, Vygon, Flow-Meter S.p.A., Amico, Vetland Medical, Silbermann, Hersill, Acare, Hangzhou Lihua, Ningbo Kaipo Electron Instrument and Meter Co, Dwyer Instruments LTD., Ohio Medical, Penlon, DZ Medicale, Burak Metering, Megasan Medical, SHANGHAI AMCAREMED TECHNOLOGY Co., LIMITED

What are the significant types of Oxygen Flowmeters Market?

Without Humidifier, With Humidifier

What are the major end-use applications of Oxygen Flowmeters Market?

Hospital, Clinic, Others

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