Global Stationary Oxygen Concentrators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Stationary Oxygen Concentrators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Stationary Oxygen Concentrators refers to a device that produces oxygen through some technologies to provide oxygen to users. Such as molecular sieve, electrolytic oxygen production, polymer oxygen permeable membrane oxygen production, chemical oxygen production and other methods. Stationary oxygen concentrators are usually relatively bulky and heavy, usually need to be plugged into a wall socket to work, provide higher flow rates of oxygen, and are suitable for patients who require high doses of oxygen.

Market Overview:

The latest research study on the global Stationary Oxygen Concentrators market finds that the global Stationary Oxygen Concentrators market reached a value of USD 1173.76 million in 2022. It’s expected that the market will achieve USD 1674.28 million by 2028, exhibiting a CAGR of 6.1% during the forecast period.

The epidemic has affected the stationary oxygen concentrator industry. The price of raw materials has risen, the supply chain has been interrupted, and the large-scale new crown epidemic has led to a shortage of medical resources and equipment, and the demand for stationary oxygen concentrators has increased. In the long run, with the continuous development of the economy, the problem of the aging of the world's population is becoming more and more serious, and the prevalence of chronic diseases is increasing. Governments and people's spending on medical and health care is also increasing, and the market for stationary oxygen concentrators has broad prospects.

Drivers

The increasing prevalence of respiratory diseases (such as sleep apnea and asthma).
The trend of population aging drives the development of the stationary oxygen concentrator industry.
The COVID-19 outbreak has boosted the demand for stationary oxygen concentrators.

Limitations

Intense market competition.
Risks of new product development.
For the Stationary Oxygen Concentrators industry, its industry is technology-intensive and knowledge-intensive. For manufacturers, their core competitiveness is reflected in the innovation of Stationary Oxygen Concentrators products. At the same time, with the improvement of technology and people's living standards, patients and doctors have put forward higher requirements for product quality. Therefore, manufacturers must maintain a strong ability to continuously develop new products. However, the development of new products and processes is restricted by various objective conditions, and there is a risk of development failure.

Opportunities

The development of e-commerce.
Emerging economies have great market potential.

Driven by multiple factors such as the catalyst of the new crown epidemic, GDP growth, social consumption improvement, accelerated population aging, urbanization, and consumption structure upgrade. The medical device and fixed oxygen concentrator industries in emerging economies such as China and India have great potential for development.

Region Overview:

China had the highest growth rate of all regions

In 2021, the share of the Stationary Oxygen Concentrators market in North America stood at 26.13%.

Company Overview:

Yuwell
Yuwell Group has committed itself to life and heath industry. With a professional service platform covering different kinds of medical equipment, Yuwell took advantage of both industry experience and capital, integrated international and domestic resources, expanded its share in medical and household markets and improved product performance and user experience.

Philips

Philips regards healthcare as an interconnected whole. Help people live healthy lives and prevent diseases. Provide clinicians with the tools needed for accurate diagnosis and personalized treatment. Help patients recover at home in the community. All of these are supported by seamless data flow.

Omron

Omron is a Japanese manufacturer of automation control and electronic equipment, headquartered in Kyoto. Omron masters the world's leading sensing and control technology, and its products involve industrial automation control, electronic components, automotive electronics, social systems, health and medical equipment and other fields. The more popular products include health products such as electronic blood pressure monitors, pedometers, scales and electric toothbrushes.

Yuwell is one of the major players operating in the Stationary Oxygen Concentrators market, holding a share of 17.80% in 2022.

Segmentation Overview:

Among different product types, Molecular Sieve Oxygen Concentrator segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Home segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Stationary Oxygen Concentrators market covered in Chapter 3:

Teijin
NGK SPARK PLUG
Yuwell
Shenyang Siasun
Shenyang Canta
Beijing North Star
Omron
Nidek Medical
Inogen
Linde
GF Health Products
Invacare
Longfei Group
Philips
Devilbiss
Resmed
AVIC Jianghang
Haiyang Zhijia

In Chapter 4 and Chapter 14.2, on the basis of types, the Stationary Oxygen Concentrators market from 2018 to 2029 is primarily split into:

Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Electronic Oxygen Concentrator

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stationary Oxygen Concentrators market from 2018 to 2029 covers:

Hospital
Home
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)