Oxygen Concentrators Market Size by Product Type (Portable, and Stationary), By Application (COPD, Asthma, and Respiratory diseases), By End User (Hospitals, Clinics, and Homecare settings) and Region Forecast to 2023-2032
Report Description
The global Oxygen Concentrators market size is estimated at USD 4,908.3 million in 2022, expanding at a CAGR of 6.8% from 2023-2032.
Market Definition
Oxygen concentrators are a type of medical device that are used to deliver oxygen to individuals who have low levels of oxygen in their blood, a condition known as hypoxemia. These devices are commonly used in both healthcare facilities and home settings. Oxygen concentrators provide a continuous supply of oxygen without the need for refilling or replacing oxygen cylinders. They are more cost-effective and convenient to use.
Market Dynamics
The rising prevalence of chronic obstructive pulmonary disease (COPD), asthma, and other respiratory conditions has led to an increased demand for oxygen therapy. Oxygen concentrators are an essential part of managing these conditions, providing a reliable and continuous supply of oxygen to patients. Further, advancements in technology have led to the development of more efficient and portable oxygen concentrators. These devices are now lighter, quieter, and more user-friendly, allowing patients to have greater mobility and independence while receiving oxygen therapy. In addition, the growing trend towards providing medical care in home care, especially for chronic conditions is also boosting the market growth. Oxygen concentrators enable patients to receive oxygen therapy at home without the need for hospital visits or lengthy stays. This trend is driven by factors such as cost-effectiveness, convenience, and patient preference.
Segment Insights
The market is divided into three categories based on Application: chronic obstructive pulmonary disease (COPD), asthma, and respiratory diseases. The asthma segment dominates the market. The growing asthma concerns among older adults are propelling the market growth.
The market is divided into three categories based on End Users: hospitals, clinics, and home care settings. The hospital segment dominates the market. The increasing prevalence of respiratory disorders especially due to rising hygiene concerns is boosting the segment growth.
The market is divided into two categories based on Type: portable and stationary. The portable type segment dominates the market. The increasing prevalence of asthma and rising demand for portable oxygen concentrators is boosting the segment growth.
Competitive Insights
The growing health and hygiene care awareness especially due to the COVID-19 pandemic, influences the demand for oxygen concentrators market. Companies sell their products through a variety of channels, including corporate websites, e-commerce websites, retailers, distributors, and end consumers. Recently, in June 2022, Caire, Inc. introduced a portable oxygen concentrator in the United States to expand its product portfolio.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Oxygen Concentrators by end user, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile,, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- Koninklijke Philips N.V.
- Chart Industries, Inc
- Invacare Corporation
- Inogen Inc
- Drive Devilbiss Healthcare
- O2 Concepts LLC
- Nidek Medical
- GCE Group
- Caire Inc
- Precision Medical Inc.
- ResMed Inc.
- Teijin Limited
- Longfian Scitech Co., Ltd.
- Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
- Besco Medical Co., Ltd.
Product type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Portable
- Stationary
Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Chronic obstructive pulmonary disease (COPD)
- Asthma
- Respiratory diseases
- Others
End User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Hospitals
- Clinics
- Homecare settings
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
1. Oxygen Concentrators Market Overview
1.1. Product Overview and Scope of Oxygen Concentrators
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Oxygen Concentrators Market Size Growth Rate Analysis by Product Type 2020 VS 2027
1.3.1. Portable
1.3.2. Stationary
1.3.3. Others
1.4. Global Oxygen Concentrators Consumption Comparison by Application: 2020 VS 2027
1.4.1. Chronic obstructive pulmonary disease (COPD)
1.4.2. Asthma
1.4.3. Respiratory diseases
1.4.4. Others
1.5. Global Oxygen Concentrators Consumption Comparison by End User: 2020 VS 2027
1.5.1. Hospitals
1.5.2. Clinics
1.5.3. Homecare settings
1.5.4. Others
1.6. Global Oxygen Concentrators Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.6.1. North America Oxygen Concentrators Estimates
1.6.2. Europe Oxygen Concentrators Estimates
1.6.3. China Oxygen Concentrators Estimates
1.6.4. Japan Oxygen Concentrators Estimates
2. Market Competition by Manufacturers
2.1. Global Oxygen Concentrators Revenue Market Share by Manufacturers (2020)
2.2. Oxygen Concentrators Market Share by Company Product Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Oxygen Concentrators Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Oxygen Concentrators Production Sites, Area Served, Product Types
2.5. Oxygen Concentrators Market Competitive Situation and Trends
2.5.1. Oxygen Concentrators Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Oxygen Concentrators Consumption by Region (2016-2021)
3.1. Global Oxygen Concentrators Consumption by Region
3.2. Global Oxygen Concentrators Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Oxygen Concentrators Consumption Growth Rate (2016-2021)
3.2.3. North America Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Oxygen Concentrators Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Oxygen Concentrators Consumption Growth Rate (2016-2021)
3.2.7. Europe Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Oxygen Concentrators Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Oxygen Concentrators Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Oxygen Concentrators Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Oxygen Concentrators Consumption Growth Rate (2016-2021)
3.2.15. South America Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Oxygen Concentrators Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Oxygen Concentrators Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Oxygen Concentrators Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Oxygen Concentrators Consumption by Product Type (2016-2021)
4.1. Global Oxygen Concentrators Price by End User (2016-2021)
4.2. Global Oxygen Concentrators Revenue Market Share by Product Type (2016-2021)
4.2.1. Portable
4.2.2. Stationary
5. Global Oxygen Concentrators Consumption by Application (2016-2021)
5.1. Global Oxygen Concentrators Price by Application (2016-2021)
5.2. Global Oxygen Concentrators Revenue Market Share by Application (2016-2021)
5.2.1. Chronic obstructive pulmonary disease (COPD)
5.2.2. Asthma
5.2.3. Respiratory diseases
5.2.4. Others
6. Global Oxygen Concentrators Consumption by End-user (2016-2021)
6.1. Global Oxygen Concentrators Price by End-user (2016-2021)
6.2. Global Oxygen Concentrators Revenue Market Share by End-user (2016-2021)
6.2.1. Hospitals
6.2.2. Clinics
6.2.3. Homecare settings
6.2.4. Others
7. Key Companies Profiled
7.1. Koninklijke Philips N.V.
7.1.1. Koninklijke Philips N.V. Oxygen Concentrators Corporation Information
7.1.2. Koninklijke Philips N.V. Oxygen Concentrators Product Portfolio
7.1.3. Koninklijke Philips N.V. Oxygen Concentrators Consumption, Price and Gross Margin (2016-2021)
7.1.4. Koninklijke Philips N.V. Main Business and Markets Served
7.1.5. Koninklijke Philips N.V. Recent Developments/Updates
7.2. Chart Industries, Inc
7.3. Invacare Corporation
7.4. Inogen Inc
7.5. Drive Devilbiss Healthcare
7.6. O2 Concepts LLC
7.7. Nidek Medical
7.8. GCE Group
7.9. Caire Inc
7.10. Precision Medical Inc.
7.11. ResMed Inc.
7.12. Teijin Limited
7.13. Longfian Scitech Co., Ltd.
7.14. Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.
7.15. Besco Medical Co., Ltd.
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. Oxygen Concentrators Distributors List
8.3. Oxygen Concentrators Customers
9. Market Dynamics
9.1. Oxygen Concentrators Industry Trends
9.2. Oxygen Concentrators Growth Drivers
9.3. Oxygen Concentrators Market Challenges
9.4. Oxygen Concentrators Market Restraints
10. Global Oxygen Concentrators Consumption and Demand Forecast, by Region (2022-2027)
10.1. Global Forecasted Demand Analysis of Oxygen Concentrators, by Regions and Country
10.1.1. North America Forecasted Consumption of Oxygen Concentrators by Country
10.1.2. Europe Market Forecasted Consumption of Oxygen Concentrators by Country
10.1.3. Asia Pacific Market Forecasted Consumption of Oxygen Concentrators by Region
10.1.4. Latin America Forecasted Consumption of Oxygen Concentrators by Country
10.1.5. Middle East and Africa Forecasted Consumption of Oxygen Concentrators by Country
11. Global Oxygen Concentrators Consumption and Demand Forecast, by End User Segments (2022-2027)
11.1. Global Forecasted Consumption of Oxygen Concentrators by End User Segments (2022-2027)
11.2. Global Consumption and Price Forecast by End User Segments (2022-2027)
11.3. Global Forecasted Growth Rate of Oxygen Concentrators by End User Segments (2022-2027)
12. Global Oxygen Concentrators Consumption and Demand Forecast, by Application Segments (2022-2027)
12.1. Global Forecasted Consumption of Oxygen Concentrators by Application Segments (2022-2027)
12.2. Global Consumption and Price Forecast by Application Segments (2022-2027)
12.3. Global Forecasted Growth Rate of Oxygen Concentrators by Application Segments (2022-2027)
13. Global Oxygen Concentrators Consumption and Demand Forecast, by Product Type Segments (2022-2027)
13.1. Global Forecasted Consumption of Oxygen Concentrators by Product Type Segments (2022-2027)
13.2. Global Consumption and Price Forecast by Product Type Segments (2022-2027)
13.3. Global Forecasted Growth Rate of Oxygen Concentrators by Product Type Segments (2022-2027)
14. Research Finding and Conclusion
15. Methodology and Data Source
15.1. Methodology/Research Approach
15.1.1. Research Programs/Product Type
15.1.2. Market Size Estimation
15.1.3. Market Breakdown and Data Triangulation
15.2. Data Source
15.2.1. Secondary Sources
15.2.2. Primary Sources
15.3. Author List
15.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.