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Major players in the oxygen concentrators market include Inogen, Inc., Koninklijke Philips N.V., Teijin Limited, Invacare Corporation, CAIRE Inc.

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The oxygen concentrators market is expected to reach from $1.95 billion in 2021 to $2.62 billion in 2026 at a rate of 6.1%. The global oxygen concentrators market size is then expected to grow at a CAGR of 6.6% from 2026 and reach $3.62 billion in 2031.

North America was the largest region in the global oxygen concentrators market.

The oxygen concentrators market consists of sales of oxygen concentrator 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.

The increasing focus of people on home healthcare across the globe is contributing to the growth of oxygen concentrators market in the forecast period.

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Oxygen concentrators manufacturers are offering smart concentrators with sensors, voice guidance, inter-connected apps and digital platforms focused on studying usage patterns and measuring peak respiratory flow rates. Digital connectivity allows patients to connect the concentrators to mobile phones or personal computers to set timely alarms to plan the daily dosage. This allows companies to improve patients’ oxygen therapies by ensuring adherence to the prescription; keeping their condition under control. The use of such smart concentrators reduces emergency hospitalizations, and makes treatments well-planned and organized.

TBRC’s Oxygen Concentrators Market Report Is Segments:
By Type: Portable, Stationary

By Technology: Pulse Dose, Continuous Flow

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

By End-User: Hospitals, Home Care, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Oxygen Concentrators Market Report 2022–Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the oxygen concentrators market globally and regionally, analyzes and forecasts market size, share, oxygen concentrators market players, oxygen concentrators market segments, leading competitor revenues, profiles and market shares.

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