Global Stationary Oxygen Concentrators Market Growth 2023-2029
An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. The air from an oxygen concentrator has a higher concentration of oxygen than the surrounding ambient air, but the device does not rely on the use of oxygen tanks. There are a number of reasons to use an oxygen concentrator with a patient, and these devices are subject to varying degrees of regulation, depending on where they are being used. With an oxygen concentrator, the device pulls air into a chamber which absorbs nitrogen. The oxygen-rich air is routed through a tube to the patient, while the nitrogen is vented harmlessly. Depending on the size of the device, it can filter and concentrate varying amounts of air per minute.
Currently in the market there are two primary types of oxygen concentrator: portable & stationary. In this report we mainly analyze the market of stationary oxygen concentrator.
LPI (LP Information)' newest research report, the “Stationary Oxygen Concentrators Industry Forecast” looks at past sales and reviews total world Stationary Oxygen Concentrators sales in 2022, providing a comprehensive analysis by region and market sector of projected Stationary Oxygen Concentrators sales for 2023 through 2029. With Stationary Oxygen Concentrators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stationary Oxygen Concentrators industry.
This Insight Report provides a comprehensive analysis of the global Stationary Oxygen Concentrators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Stationary Oxygen Concentrators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stationary Oxygen Concentrators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stationary Oxygen Concentrators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Stationary Oxygen Concentrators.
The global Stationary Oxygen Concentrators market size is projected to grow from US$ 679.9 million in 2022 to US$ 1118.1 million in 2029; it is expected to grow at a CAGR of 1118.1 from 2023 to 2029.
China is the largest Stationary Oxygen Concentrators market with about 52% market share. USA is follower, accounting for about 18% market share.
The key players are Invacare, Chart (Airsep), Teijin, Philips, Linde, GF Health Products, Devilbiss, Inova Labs, Drive Medical, Inogen, Nidek Medical, Yuwell, AVIC Jianghang, Foshan Kaiya, Haiyang Zhijia, Longfei Group, Shenyang Canta, Beijing North Star, Shenyang Siasun, Beijing Aoji, Gaoxin Huakang, Yiyangyuan, Beijing Shenlu, Foshan Keyhub etc. Top 3 companies occupied about 50% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Stationary Oxygen Concentrators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Electronic Oxygen Concentrator
Segmentation by application
Hospital
Home
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Invacare
Chart (Airsep)
Teijin
Philips
Linde
GF Health Products
Devilbiss
Inova Labs
Drive Medical
Inogen
Nidek Medical
Yuwell
AVIC Jianghang
Foshan Kaiya
Haiyang Zhijia
Longfei Group
Shenyang Canta
Beijing North Star
Shenyang Siasun
Beijing Aoji
Gaoxin Huakang
Yiyangyuan
Beijing Shenlu
Foshan Keyhub
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stationary Oxygen Concentrators market?
What factors are driving Stationary Oxygen Concentrators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stationary Oxygen Concentrators market opportunities vary by end market size?
How does Stationary Oxygen Concentrators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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