Oxygen Concentrators Market – Industry Analysis and Forecast (2022-2029)

Oxygen Concentrators Market is expected to reach US$ 2.66 Bn. at a CAGR of 3.5 % during the forecast period 2029.

An oxygen concentrator is a device, which concentrates the oxygen from gas supply by selectively eliminating nitrogen to supply an oxygen-enriched product gas stream.

Growing prevalence of respiratory disorders, increasing geriatric population, prevalence of tobacco smoking, rising consumer preference towards home-based oxygen therapy and technical advancements are expected to drive the global oxygen concentrators market.To know about the Research Methodology :- Request Free Sample Report

Additionally, growing number of programs from the different healthcare organizations for monitoring and diagnosing the patients, and increasing demand patient’s quality of life also boosts the growth of the oxygen concentrators market. On the other hand, the availability of low-cost alternatives by local manufacturers, strict regulatory guidelines causing delays in product approvals, and medical reimbursement rate cuts for home oxygen therapy are limiting the growth in the global oxygen concentrators market.

Continuous flow technology is expected to grow at a xx % rate of CAGR in the global oxygen concentrators market. The demand is increasing for this technology owing to the augmented chronic and emergency conditions. Growing respiratory problems and increasing demand for the types of equipment is expected to increase the demand for continuous flow technology during the forecasting period. Need for the mobility in the oxygen providence, advanced technologies are expected to drive the global oxygen concentrators market by this segment.

Home Care Settings is expected to lead the global oxygen concentrators market. The home care aids the patient by providing all his needs and prevents the infectious contents open out to other people. An increasing need for the respiratory solution or support to patients who are under home care is expected to increase the demand for oxygen concentrators in-home care segment.

North America is expected to dominate the global oxygen concentrator market. The dominant position in the market is attributed to factors such as the presence of many key market players in the region and well-established healthcare industry. Rise in the adoption of the unhealthy living conditions of people in the regions is expected to increase the demand for oxygen concentrators.

The country U.S. is expected to share US $ xx Mn in the oxygen concentrator market owing to the increasing geriatric population and startling rise in the number of smokers. Furthermore, The Asia Pacific is expected to grow at a xx % rate of CAGR in the global oxygen concentrator market owing to the rapidly growing healthcare industry in this region and the growing adoption of portable medical devices for better patient care at homes.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global oxygen concentrators market.

The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global oxygen concentrators market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
The report also helps in understanding Global Oxygen Concentrators market dynamics, structure by analyzing the market segments, and project the Global Oxygen Concentrators market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Oxygen Concentrators market make the report investor’s guide.
Oxygen Concentrators Market, Key Highlights:
• Global Oxygen Concentrators Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Oxygen Concentrators Market

• Global Oxygen Concentrators Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Oxygen Concentrators Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Oxygen Concentrators Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Oxygen Concentrators Market are also profiled.
Oxygen Concentrators Market Scope: Inquire before buying



Global Oxygen Concentrators Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 2.02 Bn.


Forecast Period 2022 to 2029 CAGR:
3.5%
Market Size in 2029:
US $ 2.66 Bn.


 Segments Covered:
by Type
• Portable
• Stationary


by Technology
• Pulse Flow
• Continuous Flow


by Application
• Chronic Obstructive Pulmonary Disease (COPD)
• Asthama
• Respiratory Distress
• Others


by End-User
• Hospitals
• Home Care Settings
• Ambulatory Surgical Centers and & Physician Offices



Oxygen Concentrators Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Oxygen Concentrators Market Key players are:
• GCE Group
• Caire Inc.
• Drive Devilbiss Healthcare
• O2 Concepts LLC
• ResMed
• Besco Medical Co., LTD
• Koninklijke Philips N.V.
• Dba DeVilbiss Healthcare
• Smiths Medical, Inc.
• Medical Depot, Inc.
• Philips Respironics
• Zadro Health Solutions
• Foshan Keyhub Electronic Industries Co. Ltd.
• Koninklijke Philips N.V
• Chart Industries, Inc.
• Invacare Corporation
• Inogen, Inc.
• Nidek Medical
• Teijen Limited
• Linde PLC
• DeVilBiss Healthcare
• Supera Anesthesia Innovations

Frequently Asked Questions:

1. Which region has the largest share in Global Oxygen Concentrators Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Oxygen Concentrators Market?
Ans: The Global Oxygen Concentrators Market is growing at a CAGR of 3.5% during forecasting period 2022-2029.

3. What is scope of the Global Oxygen Concentrators market report?
Ans: Global Oxygen Concentrators Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Oxygen Concentrators market?
Ans: The important key players in the Global Oxygen Concentrators Market are - GCE Group, Caire Inc., Drive Devilbiss Healthcare, O2 Concepts LLC, ResMed, Besco Medical Co., LTD, Koninklijke Philips N.V., Dba DeVilbiss Healthcare, Smiths Medical, Inc., Medical Depot, Inc., Philips Respironics, Zadro Health Solutions, Foshan Keyhub Electronic Industries Co. Ltd., Koninklijke Philips N.V, Chart Industries, Inc., Invacare Corporation, Inogen, Inc., Nidek Medical, Teijen Limited, Linde PLC, DeVilBiss Healthcare, and Supera Anesthesia Innovations

5. What is the study period of this market?
Ans: The Global Oxygen Concentrators Market is studied from 2021 to 2029.