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Global Medical Oxygen Concentrators Market to reach USD 13.9 billion by the end of 2030.

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

Product Code: HLSMDE-69120629
Publish Date: 19-06-2023
Page: 200

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:
Ø 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:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Application,Technology, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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

By Technology:
Continuous Flow
Pulse Flow

By Region:

North America


Asia Pacific
South Korea

Latin America

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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Medical Oxygen Concentrators Market, by region, 2020-2030 (USD Billion)
1.2.2. Medical Oxygen Concentrators Market, by Product Type, 2020-2030 (USD Billion)
1.2.3. Medical Oxygen Concentrators Market, by Application, 2020-2030 (USD Billion)
1.2.4. Medical Oxygen Concentrators Market, by Technology, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Medical Oxygen Concentrators Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Medical Oxygen Concentrators Market Dynamics
3.1. Medical Oxygen Concentrators Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Growing prevalence of respiratory disorders Increase in daily exposure to environmental pollution
3.1.2. Market Challenges Manufacturers has facing Strict regulatory compliances
3.1.3. Market Opportunities Technology advancement in Oxygen concentrators Increasing demand for home healthcare.
Chapter 4. Global Medical Oxygen Concentrators Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Medical Oxygen Concentrators Market, by Product Type
5.1. Market Snapshot
5.2. Global Medical Oxygen Concentrators Market by Product Type, Performance – Potential Analysis
5.3. Global Medical Oxygen Concentrators Market Estimates & Forecasts by Product Type2020-2030 (USD Billion)
5.4. Medical Oxygen Concentrators Market, Sub Segment Analysis
5.4.1. Portable Medical Oxygen Concentrators
5.4.2. Fixed Medical Oxygen Concentrators
Chapter 6. Global Medical Oxygen Concentrators Market, by Application
6.1. Market Snapshot
6.2. Global Medical Oxygen Concentrators Market by Application, Performance – Potential Analysis
6.3. Global Medical Oxygen Concentrators Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Medical Oxygen Concentrators Market, Sub Segment Analysis
6.4.1. Home Care
6.4.2. Non-homecare
Chapter 7. Global Medical Oxygen Concentrators Market, by Technology
7.1. Market Snapshot
7.2. Global Medical Oxygen Concentrators Market by Technology, Performance – Potential Analysis
7.3. Global Medical Oxygen Concentrators Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
7.4. Medical Oxygen Concentrators Market, Sub Segment Analysis
7.4.1. Continuous Flow
7.4.2. Pulse Flow
Chapter 8. Global Medical Oxygen Concentrators Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Medical Oxygen Concentrators Market, Regional Market Snapshot
8.4. North America Medical Oxygen Concentrators Market
8.4.1. U.S. Medical Oxygen Concentrators Market Product Typebreakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Technology breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Medical Oxygen Concentrators Market
8.5. Europe Medical Oxygen Concentrators Market Snapshot
8.5.1. U.K. Medical Oxygen Concentrators Market
8.5.2. Germany Medical Oxygen Concentrators Market
8.5.3. France Medical Oxygen Concentrators Market
8.5.4. Spain Medical Oxygen Concentrators Market
8.5.5. Italy Medical Oxygen Concentrators Market
8.5.6. Rest of Europe Medical Oxygen Concentrators Market
8.6. Asia-Pacific Medical Oxygen Concentrators Market Snapshot
8.6.1. China Medical Oxygen Concentrators Market
8.6.2. India Medical Oxygen Concentrators Market
8.6.3. Japan Medical Oxygen Concentrators Market
8.6.4. Australia Medical Oxygen Concentrators Market
8.6.5. South Korea Medical Oxygen Concentrators Market
8.6.6. Rest of Asia Pacific Medical Oxygen Concentrators Market
8.7. Latin America Medical Oxygen Concentrators Market Snapshot
8.7.1. Brazil Medical Oxygen Concentrators Market
8.7.2. Mexico Medical Oxygen Concentrators Market
8.8. Middle East & Africa Medical Oxygen Concentrators Market
8.8.1. Saudi Arabia Medical Oxygen Concentrators Market
8.8.2. South Africa Medical Oxygen Concentrators Market
8.8.3. Rest of Middle East & Africa Medical Oxygen Concentrators Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Koninklijke Philips N.V. Key Information Overview Financial (Subject to Data Availability) Application Summary Recent Developments
9.3.2. Invacare Corporation
9.3.3. DeVilbiss Healthcare LLC
9.3.4. Inogen, Inc.
9.3.5. Chart Industries, Inc. (AirSep)
9.3.6. Nidek Medical
9.3.7. O2 Concepts
9.3.8. Teijin Limited
9.3.9. Supera Anesthesia Innovations
9.3.10. GCE Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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