Press release
Global Medical Oxygen Concentrator market is valued at 1380 million US$ in 2018 and will reach 2980 million growing at a CAGR of 10.1% US$ by 2025 | Valuates Reports.
An oxygen concentrator is a medical device that draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Medical oxygen concentrators are used by individuals with medical conditions who require a higher percentage oxygen concentration level than is typically present in ambient room air.
The objectives of this study are to define, segment, and project the size of the Medical Oxygen Concentrator market based on company, product type, end user and key regions.
This report studies the global market size of Medical Oxygen Concentrator in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Medical Oxygen Concentrator in these regions.
This research report categorizes the global Medical Oxygen Concentrator market by top players/brands, region, type and end user. This report also studies the global Medical Oxygen Concentrator market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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Market Trends:
The technical barriers of medical oxygen concentrator are not high, resulting in numerous manufacturing enterprises. In the market, larger players are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, and others. The plants of them are concentrated in USA and China, accounting for 64% production share of total output in 2015. China is a large producer and consumer in the market, but due to low quality and technology, the price of China products is lower, and China import high-end products and export low-end products. Oxygen concentrators provide a sustainable and cost-effective source of medical oxygen to health facilities with reliable power.
Nowadays, with the increasing of home care services and nonhomecare services, demand for medical oxygen concentrator is expected to continue increasing during the remaining years of the forecast period of 2017-2022. Medical oxygen concentrator industry will usher in a stable growth space. In the past few years, the price of medical oxygen concentrator has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of medical oxygen concentrator.
The study objectives of this report are:
To study and analyze the global Medical Oxygen Concentrator market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Medical Oxygen Concentrator market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Medical Oxygen Concentrator companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Medical Oxygen Concentrator submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Invacare
Teijin Pharma
Chart Industries
Inogen
Yuyue Medical
Philips
DeVilbiss Healthcare
AVIC Jianghang
GF Health Products
Linde
Nidek Medical
Air Water Group
Precision Medical
Haiyang Zhijia
Shenyang Canta
O2 Concepts
Inova Labs
Foshan Kaiya
Longfei Group
Beijing North Star
SysMed
Beijing Shenlu
Gaoxin Huakang
Market size by Product
Portable Medical Oxygen Concentrator
Stationary Medical Oxygen Concentrator
Others
Market size by End User
Home
Hospital
Traveling
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Medical Oxygen Concentrator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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