Global Oxygen Concentrator Market, By Product (Stationary and Portable), By Technology (Continuous flow and Pulse flow), By Flow level (10LPM, 5-10 LPM, & 0-5 LPM) By End-user (Hospitals, Homecare, Ambulatory surgical centers and Physician offices) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI473321 | Publish Date: April 2023 | No. of Pages: 168

Global Oxygen Concentrator Market Overview

An oxygen concentrator is a system that selectively removes nitrogen from a gas supply (typically ambient air) to produce an oxygen-enriched product gas stream. They consume nitrogen and generate 90–95 percent oxygen from room air. Oxygen concentrators may be used to meet a user's oxygen requirements at home or in a clinical environment. Patients that need extra oxygen for respiratory diseases such as bronchitis, emphysema, lung cancer, or acute pneumonia use oxygen concentrators. The use of supplemental oxygen for a long time has increased the survival rate of COPD patients. As a result, the increasing prevalence of COPD and other lung diseases, as well as COPD patients' reliance on oxygen therapy products, are driving up demand for oxygen concentrators and cylinders. The global oxygen concentrator market accounted for US$ 1.70 billion in 2020 and is estimated to be US$ 3.97 billion by 2030 and is anticipated to register a CAGR of 8.9%.

Impact of Covid-19 pandemic on market

COVID-19's increased prevalence has accelerated the use of oxygen concentrators. Due to potentially low levels of oxygen in the patient's body, the coronavirus infection is characterised by severe respiratory symptoms. Since oxygen therapy is such an important part of Covid-19 therapies, demand for portable oxygen concentrators is expected to be high during the crisis time.

Global Oxygen Concentrator Market Dynamics

Rising initiatives by government bodies

Owing to a large shortage of ventilators, many healthcare infrastructures are finding it difficult to treat critically ill patients as the number of hospitalizations due to COVID-19 has increased. The extreme cases of COVID-19 necessitate some kind of artificial respiratory support. Over the forecast period, rising government and non-government programmes aimed at raising awareness about lung disorders and how to treat them with oxygen therapy devices will drive market development. Manufacturers are attempting to miniaturise portable oxygen concentrators and incorporating new technology into concentrators with the goal of improving patient care efficiency.

Growth in business operations by emerging and small sized players

The growing prevalence of respiratory disorders, rapid growth in the geriatric population, high prevalence of cigarette smoking, preference for home-based oxygen therapy, and technological advances are driving the oxygen concentrators market. The majority of patients would need a constant supply of oxygen, which is typically supplied by an oxygen concentrator. Concentrators have become the device of choice for manufacturers because they are relatively inexpensive and require less home visits than liquid oxygen. With businesses from a variety of sectors joining the Oxygen Concentrator industry to meet the unprecedented demand for oxygen concentrators, as well as the government working with manufacturers to offer oxygen concentrators to hospitals and healthcare facilities, the demand for oxygen concentrators is expected to skyrocket throughout the coming years.

Global Oxygen Concentrator Market Segmentation

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

 

Source: Prophecy Market Insights

The global Oxygen Concentrator market is segmented based on product type, Technology, flow level, end-user and region.

On the basis of product type, the global Oxygen Concentrator market is segmented into Stationary and Portable. Based on technology, the target market is segmented into Continuous flow and pulse flow. On the basis of flow level the target market is segmented into 10LPM, 5-10LPM & 0-5LPM. On the basis of End-User, the target market is segmented into hospitals, homecare, Ambulatory surgical centers and Physician offices.

Regional Insights:

On region the global Oxygen concentrator market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to lead the market and estimate for about xx% revenue share in 2020. Major companies in the area are concentrating on diversifying their product portfolios and increasing their production capacities, which is changing the market dynamics in North America. The increasing incidence of COVID-19 in the United States, combined with a high concentration of manufacturers, is driving up regional demand for oxygen concentrators.

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product type- Stationary and Portable

By Technology– Continuous flow and Pulse flow

By Flow level– 10LPM, 5-10LPM, and 0-5LPM

By End-User- Hospital, Homecare, ambulatory surgical centers and physician offices

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global oxygen concentrator market report based on product type, technology, flow level, end-user, and region.

Global Oxygen Concentrator Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Oxygen Concentrator Market Key Players

The key players operating in the global oxygen concentrator market includes Chart Industries, Inc., Linde Plc, Teijin Ltd., GCE Holding AB, O2 Concepts, Invacare Corp., Inogen, Koninklijke Philips N.V., ResMed, Nidek Medical Products Inc., DeVilbiss Healthcare LLC, and Supera Anesthesia Innovations among others.

Global Oxygen Concentrator Market Company Profile

  • Chart Industries, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Linde Plc
  • Teijin Ltd.
  • GCE Holding AB
  • O2 Concepts
  • Invacare Corp.
  • Inogen
  • Koninklijke Philips N.V.
  • ResMed
  • Nidek Medical Products Inc.
  • DeVilbiss Healthcare LLC
  • Supera Anesthesia Innovations

“*” marked represents similar segmentation in other categories in the respective section

Global Oxygen Concentrator Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Oxygen concentrator Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product
      • Market Snippet, By Technology
      • Market Snippet, By Flow-Level
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Oxygen Concentrator Market, By Product, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Stationary
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Portable
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Oxygen Concentrator Market, By Flow-Level, 2020 – 2030, (US$ Mn) 
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • 10 LPM
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • 5-10 LPM
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • 0-10 LPM
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Oxygen Concentrator Market, By End-user, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Homecare
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Ambulatory surgical centers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Physicians Offices
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Oxygen Concentrator Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Flow-Level, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Flow-Level, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Flow-Level, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Flow-Level, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Flow-Level, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
  • Chart Industries, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Linde Plc
  • Teijin Ltd.
  • GCE Holding AB
  • O2 Concepts
  • Invacare Corp.
  • Inogen
  • Koninklijke Philips N.V.
  • ResMed
  • Nidek Medical Products Inc.
  • DeVilbiss Healthcare LLC
  • Supera Anesthesia Innovations


The Last Word

    • Future Impact
    • About Us
    • Contact

FAQs

The global oxygen concentrator market is segmented based on product type, technology, flow level, end-user and region.

The growing prevalence of respiratory disorders, rapid growth in the geriatric population, high prevalence of cigarette smoking, preference for home-based oxygen therapy, and technological advances are driving the oxygen concentrators market

North America is expected to lead the market and estimate for about xx% revenue share in 2020. Major companies in the area are concentrating on diversifying their product portfolios and increasing their production capacities, which is changing the market dynamics in North America.

Companies are continuously rising the supply for oxygen concentrator market. This are the main key players operating in the oxygen concentrator market Chart Industries, Inc., Linde Plc, Teijin Ltd., GCE Holding AB.