Medical Oxygen Concentrators Market

The changing lifestyle and rise in pollution has led to an increase in the cases of c and lung disorders. There is a surge in the registered cases of Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, asthma and other respiratory disorders. According to Centers for Disease Control and Prevention (CDC) 3.6% of adults in United States suffer from chronic bronchitis. Close to 65 million people globally suffer from COPD.

Medical oxygen concentrators help patients suffering from such disorders by sustainable supply of oxygen. The oxygen concentrators use the air in surrounding to minimize the nitrogen level and increase the oxygen concentration hence, is a reliable source of oxygen. Increased healthcare spending and enhanced standard of living is expected to drive the demand for medical oxygen concentrators globally.

The outbreak of COVID-19 pandemic has surged the demand for medical oxygen concentrators. The stringent government regulations and approval for manufacturing of devices limits the growth of medical oxygen concentrators market. Having said, this the global market is expected to witness an exceptionally good growth in the short term and moderate growth rate in the long term of the forecast period.

The revenue generated from sales of portable medical oxygen concentrators is higher than the stationary devices. Mobility and technical innovation are the benefits associated with portable devices sets them apart. The continuous flow technology segment will continue to be a leading revenue generating segment through the forecast period. On the other hand, pulse flow technology is relatively more efficient and used for manufacturing of the portable medical oxygen concentrators. Homecare buyer segment dominates the global sales. The portability of device suits young patients while traveling.

North America contributed a dominating share to the global Medical Oxygen Concentrators Market in terms of value and volume in 2019 and is expected to be a dominating geography throughout the forecast period. Increased number of patients suffering from lung and cardiopulmonary disorders is expected to drive the growth of medical oxygen concentrators across North America.

Asia Pacific has a high potential for growth of medical oxygen concentrators. The region is open to technologically advanced products.  The increased standard of living allows the patients to have an access to the portable medical oxygen concentrators.  

Medical Oxygen Concentrators Market Value Share Analysis, by Geography (2022)

The report titled “Medical Oxygen Concentrators Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Medical Oxygen Concentrators Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.

The global Medical Oxygen Concentrators Market is segmented on the basis of Product type, application, technology and geography. Based on product type, the global Medical Oxygen Concentrators Market is segmented into stationary and portable. Based on application the global Medical Oxygen Concentrators Market is segmented into homecare and non-homecare.  Based on technology the global Medical Oxygen Concentrators Market is segmented into continuous flow and pulse flow. Based on geography, the global Medical Oxygen Concentrators Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, , Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.

The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on functional and barrier coatings for paper. Further, market share of prominent companies in the global Medical Oxygen Concentrators Market would also be estimated.

The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the medical oxygen concentrators companies. The global Medical Oxygen Concentrators Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.

Product portfolio would focus on all the products under the medical oxygen concentrators business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Medical Oxygen Concentrators Market.

Major players active in the global Medical Oxygen Concentrators Market include AirSep Corporation, Drive DeVilbis Healthcare Inc., Invacare Corporation, Inogen,Inc., Nidek Medical, Medtronic plc, Precision Medical, Inc., GCE Group, Teijin Limited, OSI – Oxygen Solutions Inc. Philips Healthcare, ResMed.

Segmentation:

By Product type

• Portable
• Stationary

By Application

• Homecare
• Non-homecare

By Technology

• Continuous flow
• Pulse flow

By Geography

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • Belgium
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • India
  • China
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Rest of South America