France Medical Oxygen Market Insights Forecasts to 2033

• The France Medical Oxygen Market Size was valued at USD 0.65 Billion in 2023.
• The Market is growing at a CAGR of 7.74% from 2023 to 2033
• The France Medical Oxygen Market Size is expected to reach USD 1.37 Billion by 2033

The France Medical Oxygen Market is anticipated to exceed USD 1.37 Billion by 2033, growing at a CAGR of 7.74% from 2023 to 2033. The growing prevalence of respiratory disorders, the rising aging population, and healthcare needs are driving the growth of the medical oxygen market in the France.

Market Overview

Medical oxygen is a high-purity oxygen designed for human consumption and is utilized in medical procedures. This gas is contained in a cylinder containing no other gases to avoid contamination. There are regulations and guidelines pertaining to medical oxygen such as the necessity of a prescription to obtain medical oxygen. The market consists of items that are used to give people with respiratory ailments extra oxygen, such as oxygen concentrators, cylinders, and masks. France is witnessing a transition in its population that is primarily related to aging as the aging population greatly contributes to the increased incidence of respiratory problems, thereby driving the market growth. The expansion of IoT-enabled gadgets, smart inhalers, and portable oxygen concentrators is anticipated to provide patients with increased flexibility and healthcare practitioners with improved monitoring capabilities. Further, the trend of home healthcare solutions, enables people to manage respiratory health from the comforts of home.  

Report Coverage

This research report categorizes the market for the France medical oxygen market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France medical oxygen market. Recent market developments and competitive strategies such as expansion, product launch, and 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 France medical oxygen market.

Driving Factors

The rising prevalence of respiratory conditions such as COPD, asthma, and other breathing ailments is significantly driving the market. The elderly are especially vulnerable to respiratory issues because aging frequently results in changes in lung function and respiratory muscle power. The aging population is a factor responsible for the rise in respiratory disorders. This necessitates cutting-edge and dependable medical oxygen solutions to meet the various treatment needs of people living with these disorders. Further, the ongoing healthcare infrastructure development is driving the market demand for medical oxygen.

Restraining Factors

The supply chain disruptions may impact the production, delivery, and availability of medical oxygen are hampering the market growth. Further, the complexity in manufacturing and distribution processes due to regulatory compliance, and quality assurance, as well as infrastructure and storage challenges, are restraining the market growth of medical oxygen.

Market Segmentation

The France Medical Oxygen Market share is classified into form and end user.

• The liquid oxygen segment dominates the market during the forecast period.

The France medical oxygen market is segmented by form into liquid oxygen, compressed oxygen, and oxygen gas mixture. Among these, the liquid oxygen segment dominates the market during the forecast period. The liquid form contains more oxygen in a smaller amount which enables medical facilities to optimize their logistics and storage space. The simplicity of storage and transportation of liquid oxygen drives the market in the liquid oxygen segment.

• The hospitals & clinics segment dominates the France medical oxygen market during the forecast period.       

Based on the end user, the France medical oxygen market is divided into hospitals & clinics, ambulatory care centers, homecare, and others. Among these, the hospitals & clinics segment dominates the France medical oxygen market during the forecast period. There is a need for a steady and considerable supply of medical oxygen for a range of therapeutic uses, such as emergency procedures, respiratory support, and surgery. The growing incidence of respiratory disorders and the geriatric population drives the demand for medical oxygen in the hospitals and clinics segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France medical oxygen market along with a comparative evaluation primarily based on their product 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 product 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

• Air Products SAS
• Linde PLC
• Air Liquide SA
• Atlas Copco AB
• Messer SE & Co KGaA
• Others

Key Target Audience

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

Recent Developments

• In July 2024, French industrial gases firm Air Liquide set up a manufacturing unit in Mathura, Uttar Pradesh, with an investment of Rs 350 crore with a view to expand its business.

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Medical Oxygen Market based on the below-mentioned segments:

France Medical Oxygen Market, By Form

• Liquid Oxygen
• Compressed Oxygen
• Oxygen Gas Mixture

France Medical Oxygen Market, By End User

• Hospitals & Clinics
• Ambulatory Care Centers
• Homecare
• Others