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Oxygen Concentrators Global Market By Type, By Technology, Application, End User, By Region, Opportunity And Forecast 2022-2031 | Koninklijke Philips N.V., Invacare Corporation, DeVilbiss Healthcare LLC, Nidek Medical, Inogen, O2 Concepts
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The global oxygen concentrators market report by the business research company identifies the increase in the prevalence of respiratory disorders across the globe contributes to the growth of the oxygen concentrators market. Globally, asthma and chronic obstructive pulmonary disease (COPD) are the most common chronic respiratory diseases. According to the Forum of International Respiratory Societies (FIRS), 384 million people suffer from COPD and 3 million people die every year. According to the Centers for Disease Control and Prevention's National Health Interview Survey, in 2019, in the USA, 4.6% of adults had suffered from COPD, emphysema, or chronic bronchitis. Respiratory disorders need the additional flow of oxygen. The oxygen concentrator provides the required oxygen by producing it from the environment. Therefore, the increase in the prevalence of respiratory disorders is driving the growth of the oxygen concentrators market.
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The oxygen concentrators market is expected to reach $2.92 billion in 2025 at a CAGR of 7.8%.
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North America was the largest region in the oxygen concentrators market in 2020. Europe was the second-largest region in the oxygen concentrators market. The regions covered in the oxygen concentrators report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the oxygen concentrators market are 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.
The global oxygen concentrators market is segmented -
1) By Type: Portable, Stationary
2) By Technology: Pulse Dose, Continuous Flow, Others
3) By Application: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Others
4) By End User: Hospitals, Home Care, Others
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The Oxygen Concentrators Market Report Contents Include
1. Executive Summary
2. Oxygen Concentrators Market Characteristics
3. Oxygen Concentrators Market Trends And Strategies
4. Oxygen Concentrators Market - Macro Economic Scenario
5. Oxygen Concentrators Market Size And Growth
.....
26. Africa Oxygen Concentrators Market
27. Oxygen Concentrators Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxygen Concentrators Market
29. Oxygen Concentrators Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the oxygen concentrators market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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