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Oxygen Concentrators Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the oxygen concentrators market report by The Business Research Company, 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.
The global oxygen concentrators market size grew from $2.83 billion in 2022 to $3.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oxygen concentrators market size is expected to grow to $4.06 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the oxygen concentrators market include 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 oxygen concentrators market is segmented -
• By Type: Portable, Stationary
• By Technology: Pulse Dose, Continuous Flow, Other Technologies
• By Application: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Other Applications
• By End User: Hospitals, Home Care, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the oxygen concentrators market.
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Oxygen concentrators are devices that separate nitrogen and oxygen from the air in the environment and provide pure oxygen to the patient. These are used for supplying oxygen to patients suffering from respiratory diseases.
The Table Of Content For The Oxygen Concentrators Market 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
The "Global Oxygen Concentrators Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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