Oxygen Filter Market Size, Share, and Trends 2024 to 2034

Oxygen Filter Market (By Types: Portable, Fixed; By Applications: Medical, Industrial, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

  • Last Updated : July 2023
  • Report Code : 3145
  • Category : Healthcare

Oxygen Filter Market Size and Companies

The global oxygen filter market is surging, with an overall revenue growth expectation of hundreds of millions of dollars during the forecast period from 2023 to 2032.

Oxygen Filter Market Size 2023 To 2032

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Oxygen filters are used to filter oxygen gas by eliminating impurities and contaminants from it. These impurities may affect the performance and quality of the final product, which may have concerns in industries such as medical and scientific research. These filters are crucial in several sectors, including healthcare, pharmaceuticals, food and beverage, water treatment, electronics manufacturing, aerospace, and industrial processes. These filters are also used to remove impurities such as dust, dirt, oil, moisture, bacteria, and other contaminants that may be present in oxygen sources and ensure their purity and quality for various applications.

The market is driven by the rising demand for clean oxygen, the growing healthcare industries, and the progress of the aerospace and aviation industry. The healthcare sector is a key contributor, as clean and pure oxygen is important for effective medical treatments, respiratory support, and infection control. The growing aging population and the rising demand for medical treatments and surgeries add to hospitals' need for clean and pure oxygen.

Furthermore, aerospace and aviation, such as onboard breathing systems in aircraft and spacecraft, provide the necessary oxygen supply to pilots, crew members, and passengers at high altitudes or in environments with low oxygen levels. Oxygen filters ensure the onboard oxygen's purity and cleanliness, safeguarding individuals' health and safety during flights. This drives the demand for oxygen filters to ensure the oxygen quality used in these systems. Thus, the oxygen filter market is expected to grow significantly in the coming years as industries increasingly adopt oxygen as a cleaner and more sustainable energy source, requiring high-quality, pure oxygen for use in their operations.

However, the high cost of oxygen filters, limited infrastructure, lack of standardization for oxygen purity levels, and safety concerns associated with oxygen are anticipated to impede the market growth. Oxygen filters require a reliable and efficient infrastructure for oxygen gas distribution. Currently, the infrastructure for oxygen distribution is limited, which may restrict the growth of the oxygen filter market.

Also, there is no universal standard for the purity levels of oxygen gas, which can create challenges for manufacturers of oxygen filters and end-users who require a specific purity level for their applications.

The lockdown measures implemented by various governments in anticipation of the COVID-19 pandemic have disruptions in supply chains and manufacturing, leading to a slowdown in economic activity, affecting demand for oxygen and oxygen-related products. On the other hand, the pandemic has also highlighted the need for oxygen filters to deliver clean and pure oxygen to patients. The pandemic has also increased government stimulus spending on infrastructure projects and clean energy initiatives, which could provide opportunities for the oxygen filter market in the long term.

Oxygen Filter Market Scope 

Report Coverage Details
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Types, and By Applications
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Oxygen Filter Market Dynamics

Key Market Drivers:

Increasing demand for clean oxygen to brighten the market prospect

Growing awareness of air quality and its impact on human health has emphasized the importance of clean oxygen. Healthcare, laboratories, and industrial sector stakeholders recognize the need for pure oxygen to prevent contamination-related health risks. Oxygen filters address these concerns by removing impurities and ensuring the delivery of purified oxygen, thus driving the market demand.

As the adoption of clean oxygen increases, the demand for oxygen filters is expected to grow. This is because clean oxygen is essential to maintain product quality, optimize process efficiency, and comply with stringent regulatory standards. Oxygen filters are necessary to remove impurities, such as hydrocarbons and particulate matter, ensuring the provision of clean oxygen for industrial applications. Furthermore, governments and industries worldwide are investing heavily in developing clean oxygen and infrastructure, which is anticipated to drive the growth of the oxygen filter market. Compliance with the standards necessitates using reliable oxygen filters to achieve the required levels of cleanliness and purity expands, and the demand for oxygen filter will likely increase to meet the needs of this growing market.

Growing healthcare industry

Oxygen is an important energy carrier for healthcare because of the surge in respiratory conditions xsuch as chronic obstructive pulmonary disease (COPD), asthma, and respiratory infections. These situations may require oxygen therapy as a part of the treatment plan. Furthermore, oxygen filters are crucial for removing impurities and contaminants from the supply, ensuring clean and pure oxygen delivery to patients. However, the quality and purity of the healthcare industry's oxygen can vary depending on the source and production method used. Oxygen filters are essential in ensuring the quality and purity of the oxygen produced.

In addition, as the healthcare industry is further growing, the demand for oxygen filters is anticipated to grow during the forecast period. This is because the production and distribution of oxygen for use in various applications, including energy storage and healthcare facilities, may need to be scaled up to meet the surging demand for oxygen filters. Furthermore, governments and industries worldwide are investing heavily in developing the healthcare industry and infrastructure, which is anticipated to drive the growth of the oxygen filter market. As the infrastructure for the healthcare industry and oxygen production and distribution expands, the demand for oxygen filters may increase to meet the market's needs. For instance, in May 2021, the Indian government announced that it had allowed the import of oxygen concentrators for personal use as gift items through courier, post, or e-commerce portals. This initiative is expected to ease the country's acute shortage of oxygen-generating medical devices during the second wave of the coronavirus pandemic.

Key Market Challenges:

The high cost of oxygen filters is causing hindrances to the market

Oxygen filters are complex devices that use advanced technology to purify oxygen gas to a specific level of purity required by various industrial applications. This complexity and advanced technology involved in their production can make them expensive to manufacture and maintain, leading to higher prices for the end-users. The high cost of oxygen filters can limit their adoption in some industries or applications where the cost of the purifier may not be justifiable compared to the benefits obtained. This can result in a limited customer base and, ultimately, slow down the growth of the Oxygen filter market.

However, with technological advancements, the cost of oxygen filters is expected to decline over time. This is because new and more efficient manufacturing processes can be developed, reducing the overall production cost. Additionally, with the growth of the oxygen filter market, economies of scale can be attained, reducing production costs. Furthermore, the increasing demand for oxygen and the continued investments made in the oxygen industry by governments and industries worldwide can create an opportunity to drive innovation and cost reductions in the Oxygen filter market.

Key Market Opportunities:

  • Government initiatives to promote oxygen as a clean energy
  • Development of advanced technologies in oxygen filters.
  • Growing healthcare industry

Types Insights:

On the basis of types, the oxygen filter market is divided into portable and fixed, with the fixed segment accounting for most of the market. The demand for fixed oxygen filters is mainly driven by their various applications in healthcare, manufacturing, water treatment, chemical processes, and laboratories. Oxygen is widely used in these industries as a feedstock for producing chemicals and other products. However, oxygen produced from fossil fuels often contains impurities such as carbon monoxide, which can negatively impact the quality of the end product. Fixed oxygen filters remove these impurities and produce high-purity oxygen that can be used in various applications.

Applications Insights:

On the basis of the application, the oxygen filter market is divided into medical, industrial and others, with medical accounting for most of the market. This is because oxygen is delivered to patients, ensuring it is clean and free from impurities or contaminants. The growth of the healthcare industry leads to a higher demand for oxygen filters to ensure the delivery of clean and pure oxygen in hospitals, clinics, and home healthcare settings.

Regional Insights:

On the basis of geography, North America dominates the market, primarily driven by a well-established healthcare industry, stringent regulatory standards, and technological advancements. The region is expected to witness significant growth in the oxygen filter market in the coming years, driven by factors such as the growing adoption of oxygen and the increasing demand for high-purity oxygen in the healthcare and chemical industries. The United States, Canada and Mexico are the major countries driving the demand for Oxygen filters in the North American region. These countries have well-established healthcare industries and technological advancements, which are the major consumers of high-purity oxygen. In addition, these countries are spending greatly in oxygen infrastructure and technology, which is expected to drive the demand for Oxygen filters in the region.

Europe is a significant market for oxygen filters, with Germany, the United Kingdom, and France being the major contributors to the market's growth. This is due to the strong healthcare infrastructure, emphasis on quality standards, and increasing prevalence of respiratory diseases contributing to the demand for oxygen filters. These countries have well-established industries that are major consumers of high-purity oxygen and are investing heavily in developing oxygen infrastructure and technology.

Oxygen Filter Market Share, By Region, 2022 (%)

The region in the Asia Pacific is anticipated to have the greatest CAGR. The market is driven by the increasing adoption of oxygen as a clean energy source and the growing demand for high-purity oxygen in various industries. China, India, Japan, and South Korea are the major countries driving the demand for oxygen filters in the Asia-Pacific region. These countries have well-established industries, such as the expanding healthcare sector, industrial development, increasing awareness of air quality, and rising demand for clean oxygen. Moreover, these countries are investing heavily in developing oxygen infrastructure technology, which is expected further to drive the demand for oxygen filters in the region.

Recent Developments:

  • In September 2022, Figaro Engineering Inc. launched the lead-free galvanic cell-type KE-LF series oxygen sensors for safety, environmental (combustion gas monitoring), food and educational applications. The KE-LF Series consists of the KE-25LF and KE-25F3LF, these unique galvanic cell-type oxygen sensors are lead-free and have a long-life expectancy of around five years in ambient air, excellent chemical durability and no influence from CO2, H2S or SO2.
  • In July 2022, OMRON Healthcare launched its oxygen delivery device, the OMRON medical molecular sieve oxygen concentrator. It is primarily based on pressure swing adsorption (PSA) technology, in which device works by by means of a lithium-based molecular sieve to filter out undesirable molecules from ambient air, such as argon and nitrogen, and delivering high purity (>90%) oxygen at a rate of five liters per minute.

Oxygen Filter Market Companies

  • Invacare
  • Philips Respironics
  • Medtronic
  • Healthdyne
  • Drive DeVilbiss Healthcare
  • CAIRE
  • AirSep
  • Nidek Medical Products
  • SeQual Eclipse
  • Walker Filtration

Segments Covered in the Report:

By Types

  • Portable
  • Fixed

By Applications

  • Medical
  • Industrial
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The major players operating in the oxygen filter market are Invacare, Philips Respironics, Medtronic, Healthdyne, Drive DeVilbiss Healthcare, CAIRE, AirSep, Nidek Medical Products, SeQual Eclipse, Walker Filtration, and Others.

The driving factors of the oxygen filter market are the increasing demand for clean oxygen, growing healthcare industry, and aerospace and aviation sector growth.

North America region will lead the global oxygen filter market during the forecast period 2023 to 2032.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Oxygen Filter Market 

5.1. COVID-19 Landscape: Oxygen Filter Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Oxygen Filter Market, By Types

8.1. Oxygen Filter Market Revenue and Volume, by Types, 2023-2032

8.1.1. Portable

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Fixed

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Oxygen Filter Market, By Applications

9.1. Oxygen Filter Market Revenue and Volume, by Applications, 2023-2032

9.1.1. Medical

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Industrial

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Oxygen Filter Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.1.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.1.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.1.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.2.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.2.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.2.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.2.5.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.2.6.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.3.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.3.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.3.5.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.3.6.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.4.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.4.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.4.5.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.4.6.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.5.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.5.3.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Types (2020-2032)

10.5.4.2. Market Revenue and Volume Forecast, by Applications (2020-2032)

Chapter 11. Company Profiles

11.1. Invacare

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Philips Respironics

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Medtronic

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Healthdyne

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Drive DeVilbiss Healthcare

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. CAIRE

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. AirSep

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Nidek Medical Products

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. SeQual Eclipse

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Walker Filtration

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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