Rising Demand for Oxygen Concentrators: Market to Hit US$ 2.8 Billion by 2031, Driven by Innovations from Invacare, ResMed, and O2 Concepts.

The Global Oxygen Concentrators Market reached US$ 1.7 billion in 2023 and is expected to reach US$ 2.8 billion by 2031, growing at a CAGR of 6% during the forecast period 2024-2031.

Oxygen Concentrators Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Oxygen Concentrators are medical devices that deliver concentrated oxygen to individuals with respiratory disorders. They work by extracting nitrogen from ambient air, providing up to 95% pure oxygen. Used in conditions like COPD and COVID-19, they improve oxygenation. Devices come in stationary and portable forms. Proper usage and maintenance are essential for effectiveness.

List of the Key Players in the Oxygen Concentrators Market:

Invacare Corporation, ResMed, O2 Concepts, Merck KGaA, Teijin Limited, GCE Group, Inogen Inc., Caire Inc., Precision Medicine Group, Koninklijke Philips N.V among others.

Industry Development:

In August 2023, VGM & Associates entered into a new vendor partnership with O2 Concepts. By integrating O2 Concepts' innovative portable oxygen concentrator (POC) portfolio and advanced DNA platform, we are better positioned to address the evolving needs of VGM members and patients. This collaboration marks a significant step in our ongoing commitment to providing outstanding respiratory care solutions.

Assessing the Effects of U.S. Tariffs on the Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Oxygen Concentrators Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Oxygen Concentrators Market:

By Product: Portable Oxygen Concentrators, Stationary Oxygen Concentrators, Others.

By Technology: Pulse Flow, Continuous Flow, Others.

By End-User: Hospitals, Ambulatory Surgical Centers, Homecare, Others.

Regional Analysis for Oxygen Concentrators Market:

The regional analysis of the Oxygen Concentrators Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Oxygen Concentrators market?

➠ Who are the leading manufacturers in the global Oxygen Concentrators industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Oxygen Concentrators industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Oxygen Concentrators market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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