Oxygen Concentrators Market
Medical Equipment

Global Oxygen Concentrators Market Overview And Prospects

Learn about the global oxygen concentrators market through The Business Research Company, which provides information on oxygen concentrators market size, oxygen concentrators market drivers and restraints, oxygen concentrators market players, the COVID-19 impact on the oxygen concentrators market, and more.

The global oxygen concentrators market is expected to grow from $1.92 billion in 2020 to $2.16 billion in 2021 at a compound annual growth rate (CAGR) of 12.7%. The change in growth trend of the oxygen concentrators market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The oxygen concentrators market is expected to reach $2.92 billion in 2025 at a CAGR of 7.8%.

The increase in the prevalence of respiratory disorders across the globe are expected to drive oxygen concentrators manufacturing, thus driving the market during the forecast period.

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The oxygen concentrators market consists of sales of oxygen concentrators devices by entities (organizations, sole traders, and partnerships) which refers to medical devices used for supplying oxygen to patients suffering from respiratory diseases. The oxygen concentrator separates nitrogen and oxygen from the air in the environment and provides pure oxygen to the patient. There is no need for constant refilling for an oxygen concentrator as it draws oxygen from the surrounding air.

Global oxygen concentrators market segments include:

By Type: Portable, Stationary

By Technology: Pulse Dose, Continuous Flow, Others

By Application: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Others

By End User: Hospitals, Home Care, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the oxygen concentrators market in 2020.

Companies in the oxygen concentrators market are increasingly investing in technologies such as artificial intelligence and low-cost portable devices to improve the functionality of these oxygen concentrators. There has been a growing demand for portable, low-cost concentrators owing to the pandemic.

TBRC’s oxygen concentrators market report covers:

Major Market Players: Koninklijke Philips N.V., Invacare Corporation, DeVilbiss Healthcare LLC, Nidek Medical, Inogen, O2 Concepts, Teijin Limited, Supera Anesthesia Innovations, GCE Group, CAIRE Inc., Precision Medical Inc., ResMed, Linde, Longfian Scitech, and OxyGo.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Oxygen Concentrators Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides oxygen concentrators market overviews, analyzes and forecasts market size, share, oxygen concentrators market players, oxygen concentrators market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s oxygen concentrators market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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