Press release
Global Oxygen Concentrators Market Emerging Trends, Segment Analysis and Industry Forecast 2022 - 2030
The global oxygen concentrator market was valued at USD 2.7 billion in 2021 and is expected to reach USD 5.5 billion by 2030, growing at a CAGR of 9.2% from 2022 to 2030.
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The primary driver of the oxygen concentrator market is the increasing prevalence of respiratory diseases, particularly chronic obstructive pulmonary disease (COPD), which is the leading cause of death from respiratory illness. In addition, an aging population has contributed to the growth of the market, as the risk of respiratory illness increases with age. The COVID-19 pandemic has also resulted in an increase in demand for oxygen concentrators as they are used to treat patients with severe respiratory distress.
On the other hand, the high cost of oxygen concentrators can be a significant barrier to market growth. Additionally, the availability of cheaper alternatives such as oxygen cylinders and liquid oxygen systems in some countries can limit the adoption of oxygen concentrators. Moreover, the stringent regulatory requirements for medical devices may pose challenges for market players in terms of product development and commercialization.
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Some of the Key Players Operating in the Global Oxygen Concentrators Market include:
BPL Medical Technologies
CAIRE Inc.
DeVilbiss Healthcare LLC
GCE Group
Inogen Inc.
Invacare Corporation
Koninklijke Philips N.V.
Nidek Medical Products Inc.
O2 CONCEPTS LLC
TEIJIN LIMITED amongst other industry participants
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Our 420+ Pages Report titled, Oxygen Concentrators Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Oxygen Concentrators Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Oxygen Concentrators Market Segmentation:
By Offering
Products
Accessories
Services
By Functionality
Continuous Flow
Pulse Dose
By End Users
Hospitals Highest Share
Clinics
Home Care Fastest Growing
Others
By Distribution Channel
Online
Offline
By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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