The global oxygen flow meters market size was valued at USD 1.29 billion in 2024 and is projected to grow at a CAGR of 5.5% from 2025 to 2030. An oxygen flow meter is a medical device used to measure and regulate the flow of oxygen from a dispensing unit to patients, ensuring they receive the appropriate amount of oxygen for therapeutic purposes, particularly for chronic respiratory conditions and oxygen therapy. The market includes various types of flow meters used across healthcare, industrial, and aerospace sectors, benefiting from advancements in technology and the increasing adoption of home healthcare solutions.
The demand for healthcare services has significantly increased, especially following the COVID-19 pandemic. Hospitals and healthcare facilities are experiencing a surge in patients needing respiratory support, which has led to a growing requirement for precise oxygen flow measurement devices. This trend is anticipated to persist as healthcare systems evolve to manage chronic respiratory conditions and other health issues that require accurate oxygen delivery.
Furthermore, the aging population is contributing significantly to market expansion. As the demographic landscape shifts, there is a growing prevalence of age-related health issues that often require oxygen therapy, such as Chronic Obstructive Pulmonary Disease (COPD) and other respiratory conditions. According to the World Health Organization (WHO), by 2030, one in six individuals globally will be 60 and older. The number of people in this age group is projected to rise from 1 billion in 2020 to 1.4 billion. Furthermore, by 2050, the population of those aged 60 and above is expected to double, reaching 2.1 billion.
The plug-in type segment dominated the global oxygen flow meters market with the largest revenue share of 57.5% in 2024. The dominance of the plug-in type segment in the global oxygen flow meter industry can be attributed to its widespread application in healthcare settings, particularly hospitals and clinics. These devices are essential for monitoring and controlling high-pressurized oxygen delivered from cylinders, ensuring that patients receive the correct dosage of oxygen during therapy. For instance, Technologie Medicale manufactures plug-in flow meters, such as the DEBSON TM2, designed for hospital use. These flow meters can be easily mounted on wall rails, providing convenient access to patient rooms and ensuring a steady and controlled supply of oxygen to patients.
The double flange type segment is anticipated to grow at a significant CAGR during the forecast period due to its advantages in installation and compatibility with various oxygen delivery systems. These meters are recognized for their reliability and accuracy, making them suitable for both healthcare and industrial applications. Their straightforward design allows for seamless integration into existing systems, appealing to facilities that seek to enhance operational efficiency while maintaining safety standards.
The healthcare segment dominated the global oxygen flow meter industry in 2024, driven by the rising prevalence of respiratory diseases and an aging population. This focus on improving patient outcomes, along with the variety of oxygen delivery devices such as nasal cannula and venturi masks that require precise flow measurement, ensures that healthcare remains the leading sector for oxygen flow meter applications. Furthermore, advancements in healthcare technology and the growing demand for home healthcare services are increasing the need for portable and user-friendly oxygen flow meters. For instance, Philips introduced the EverFlo Home Oxygen System, a stationary concentrator designed to meet the needs of both homecare providers and patients. This device is lighter, quieter, and requires less maintenance compared to traditional oxygen concentrators, making it more user-friendly.
The aerospace segment is anticipated to experience significant growth during the forecast period due to the increasing demand for precise gas flow measurements in aviation applications. Integrating advanced oxygen flow meters into aircraft systems improves safety during flight operations, particularly in emergencies where accurate oxygen delivery is essential. As aerospace manufacturers recognize the significance of reliable oxygen management solutions, this segment is set for considerable expansion in response to evolving industry standards and safety protocols.
The North America oxygen flow meters market held a significant revenue share of the global industry in 2024, driven by the increasing demand for precise oxygen measurement in healthcare settings. The region is home to numerous established manufacturers and suppliers, such as Ohio Medical and Precision Medical, which contribute to the market's strength. The ongoing efforts by companies to enhance production capabilities, particularly in response to the heightened need for medical oxygen during the COVID-19 pandemic, have further solidified North America's position in the market.
In the U.S., the oxygen flow meters market has seen substantial growth due to rising healthcare expenditures and an emphasis on improving patient care. The demand for oxygen therapy has surged, leading to greater adoption of advanced flow meters that ensure accurate oxygen delivery to patients. In addition, technological innovations enhance these devices' functionality and reliability, making them essential tools in hospitals and home healthcare settings.
The Europe oxygen flow meter industry is experiencing significant growth, driven by an increasing demand for precise oxygen delivery systems in healthcare and industrial applications. The region's well-established healthcare infrastructure, coupled with a rising prevalence of respiratory diseases, has increased awareness of the importance of accurate oxygen flow measurement.
Germany's oxygen flow meters market held a significant revenue share of the regional industry driven by its advanced healthcare system and strong investments in medical technology. The rising prevalence of respiratory diseases among the aging population increases the demand for effective oxygen therapy solutions. Government initiatives to enhance healthcare access and support for innovative medical devices further strengthen Germany's position in this market.
The Asia Pacific dominated the oxygen flow meters market with the largest revenue share of 35.6% in 2024, driven by increasing healthcare expenditure and rising awareness of respiratory diseases. Rapid growth in healthcare sectors across countries in this region is supported by government initiatives aimed at expanding access to medical services and improving healthcare infrastructure. As awareness of respiratory health continues to grow among populations, there is an increasing demand for effective oxygen therapy solutions, further solidifying Asia Pacific's position in the global market.
India’s oxygen flow meters market dominated the regional industry in 2024 due to increasing healthcare demands, government initiatives, and significant investments in medical infrastructure. The rising prevalence of respiratory diseases, particularly exacerbated by the COVID-19 pandemic, has heightened the need for effective oxygen delivery systems across hospitals and healthcare facilities.
The oxygen flow meter industry features a competitive landscape with key players such as Ohio Medical, Dwyer Instruments LTD, HERSILL, and Precision Medical, Inc. These companies are investing in research and development to enhance product offerings, focusing on advanced technologies such as digital flow meters. Strategic partnerships and acquisitions, such as ICU Medical's acquisition of Smiths Medical, are also shaping the market by expanding capabilities and product portfolios.
Ohio Medical provides medical air and vacuum pumping systems and devices for medical suction and oxygen therapy. The company offers a diverse range of products, including flow meters and suction regulators, designed to meet regulatory standards for safety and efficacy in healthcare environments.
HERSILL specializes in medical gas equipment, particularly oxygen flow meters and related devices. HERSILL's products are widely used in hospitals and emergency services, reflecting the company's dedication to improving patient outcomes through reliable and efficient oxygen delivery systems.
The following are the leading companies in the oxygen flow meters market. These companies collectively hold the largest market share and dictate industry trends.
In January 2022, ICU Medical Inc. acquired Smiths Medical for USD 2.35 billion, enhancing its portfolio in oxygen flow meters and other medical devices. This strategic acquisition aims to strengthen ICU Medical's global capabilities in providing innovative healthcare solutions.
Report Attribute |
Details |
Market size value in 2025 |
USD 1.36 billion |
Revenue forecast in 2030 |
USD 1.78 billion |
Growth rate |
CAGR of 5.5% from 2025 to 2030 |
Base year for estimation |
2024 |
Historical data |
2018 - 2023 |
Forecast period |
2025 - 2030 |
Quantitative units |
Revenue in USD million/billion and CAGR from 2025 to 2030 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Type, application, region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, MEA |
Country scope |
U.S., Canada, Mexico, Germany, UK, France, China, Japan, India, South Korea, Australia, Brazil, KSA, UAE, South Africa |
Key companies profiled |
Burak Metering Pvt Ltd; Oxyone Medical Devices; Heyer Medical AG; HERSILL; Megasan; Ohio Medical; Precision Medical, Inc.; Penlon Ltd.; AmcareMed Medical Gas System; Flowmetrics |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the oxygen flow meters market report based on Type, Application, and region:
Type Outlook (Revenue, USD Billion, 2018 - 2030)
Double Flange Type
Plug-In Type
Others
Application Outlook (Revenue, USD Billion, 2018 - 2030)
Healthcare
Industrial
Aerospace
Chemical
Others
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East and Africa (MEA)
KSA
UAE
South Africa
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
"The quality of research they have done for us has been excellent."