The Oxygen Therapy Market Size was valued at USD 33.82 billion in 2023 and is expected to reach USD
The oxygen therapy market is growing due to the expansion of home healthcare services, primarily by the COVID-19 pandemic. Due to the increasing number of patients, physical hospitals and agencies have acquired home-based oxygen therapy services increasingly. It has allowed patients to receive treatment where they find the most comfort and is less crowded. Thus, the demand for respiratory and other related oxygen therapy equipment is rising in suited to in-home applications.