The global Oxygen Flow Meters Market was valued at USD 1.21 billion in 2023, projected to reach USD 2.07 billion by 2032, with a CAGR of 6.18%. The U.S. market was estimated at USD 336.90 million in 2023, expected to reach USD 570.08 million by 2032, showing a CAGR of 6.02%.

The market growth is driven by the increasing adoption of home oxygen therapy for chronic respiratory diseases, creating demand for portable flow meters. The U.S. leads the market due to a well-established healthcare infrastructure and high acceptance of home healthcare products.

The plug-in type segment holds the largest share of the Oxygen Flow Meters Market, driven by its stable performance and high usage ratio in hospitals. The healthcare segment dominated the market in 2023, with high demand in hospitals and clinics for precise oxygen delivery.

The aerospace segment is the fastest growing segment of the Oxygen Flow Meters Market, driven by air travel and space exploration operations. North America dominates the market, while the Asia-Pacific region is expected to register the fastest growth, driven by enhanced oxygen therapy awareness and increasing burden of respiratory diseases.

Read more at GlobeNewswire: Oxygen Flow Meters Market Set to Surpass USD 2.07 Billion