Global Medical Oxygen Concentrators Market Size study & Forecast, by Product Type (Portable Medical Oxygen Concentrators, Fixed Medical Oxygen Concentrators), Application (Home Care, Non-homecare), Technology (Continuous Flow, Pulse Flow) and Regional Ana

Global Medical Oxygen Concentrators Market Size study & Forecast, by Product Type (Portable Medical Oxygen Concentrators, Fixed Medical Oxygen Concentrators), Application (Home Care, Non-homecare), Technology (Continuous Flow, Pulse Flow) and Regional Analysis, 2023-2030

Global Medical Oxygen Concentrators Market is valued approximately at USD 8.5 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2023-2030. The oxygen Concentrators generate medical-grade oxygen for patients with respiratory conditions. These devices are designed to concentrate ambient air and deliver a continuous supply of oxygen to individuals who require supplemental oxygen therapy. The market includes various types of oxygen concentrators, such as stationary and portable models, catering to different patient needs. The oxygen concentrators market is driven by factors such as growing prevalence of respiratory disorders and increase in the daily exposure to environmental pollution.

These devices work by drawing in ambient air, removing nitrogen, and delivering a higher concentration of oxygen to the patient. According to the Global Impact of Respiratory Disease report 2021 asthma affect 350 million people worldwide every year and according to international agency for research on cancer estimated 1435943 new lung cancer cases in 2020. Thus, Asthma and lung cancer cases are fueling the market growth. In addition, technology advancement and increasing demand for home healthcare create lucrative opportunities for the market. However, Regulatory compliance poses challenges for manufacturers in the oxygen concentrators market, potentially impeding market growth.

The key regions considered for the Global Medical Oxygen Concentrators Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rapidly increasing prevalence of chronic diseases, infectious diseases and cardiovascular diseases. Asia Pacific is considered as the fastest growing region during the forecast period due to higher population and development in health care infrastructure.

Major market player included in this report are:
Koninklijke Philips N.V.
Invacare Corporation
DeVilbiss Healthcare LLC
Inogen, Inc.
Chart Industries, Inc. (AirSep)
Nidek Medical
O2 Concepts
Teijin Limited
Supera Anesthesia Innovations
GCE Group

Recent Developments in the Market:
On 16 June 2021, Servotech Power Systems, a renowned manufacturer of LED lights and solar panels, expanded its product portfolio with the introduction of medical-grade Oxygen Concentrators.

Global Medical Oxygen Concentrators Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Product Type, Application,Technology, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Portable Medical Oxygen Concentrators
Fixed Medical Oxygen Concentrators

By Application:
Home Care
Non-homecare

By Technology:
Continuous Flow
Pulse Flow

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Koninklijke Philips N.V.
Invacare Corporation
DeVilbiss Healthcare LLC
Inogen, Inc.
Chart Industries, Inc. (AirSep)
Nidek Medical
O2 Concepts
Teijin Limited
Supera Anesthesia Innovations
GCE Group

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.