Oxygen Concentrators Market

Oxygen Concentrators Market by Type (Portable, Stationary), Technology, Application (Chronic obstructive pulmonary disease (COPD), Asthma, Respiratory distress), End User (Hospitals & clinics, Home care settings) - Global Forecast to 2027

Report Code: UC 2006 Jan, 2023, by marketsandmarkets.com

The global oxygen concentrators market size is projected to reach USD 5,267.5 million by 2027 from USD 3,535.4 million in 2022, at a CAGR of 8.3% during the forecast period. Market is driven by factors such as global prevalence of respiratory diseases, increasing number of cases of COPD, and growing geriatric population. The COVID-19 pandemic had an effect on the market for oxygen concentrators as hospitals and healthcare services were drastically restricted as a result of social segregation policies implemented globally. Asthma, chronic obstructive pulmonary disease (COPD), pulmonary fibrosis, pneumonia, and other age-related respiratory disorders are all much more common in geriatric population. However, the risk of respiratory diseases due to unclean and contaminated equipment and adverse effects such as skin irritation may help in hindering the growth of the market.

Oxygen Concentrators Market Size, Share

To know about the assumptions considered for the study, Request for Free Sample Report

“The continuous flow oxygen concentrators accounted for the largest share in the oxygen concentrators market by technology, during the forecast period”

The oxygen concentrators market is segmented into continuous flow and pulse flow. In 2021, continuous flow oxygen concentrators accounted for the largest market share in oxygen concentrators. The increasing geriatric population and increasing prevalence of respiratory diseases drives the market growth.

“The portable oxygen concentrators accounted for the largest share in the oxygen concentrators market by type , during the forecast period”

The oxygen concentrators market is segmented into portable and stationary. In 2021, portable oxygen concentrators accounted for the largest market share in oxygen concentrators. Portable oxygen concentrators can be easily carried and are helpful for asthma patients. Hence, the increasing prevalence of asthma and adoption of portable oxygen concentrators are expected to help in market grow.

“APAC region accounted for the highest CAGR”

The global oxygen concentrators market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. According to the regional analysis, the North America region is likely to retain a significant market share in 2021 and the future. The presence of key players, the availability of technologically advanced products, the rising prevalence of respiratory diseases and a well developed healthcare market are the factors supporting the market share.

Asia Pacific, on the other hand, will experience significant growth in the coming years due to increase incidence of respiratory diseases, increase in healthcare expenditure, and rising government initiatives.

To know about the assumptions considered for the study, download the pdf brochure

Competitive Landscape

The oxygen concentrator market is moderately competitive and consists of several major players. The key 5 – 7 major players currently dominate the market. Some of the companies which are currently dominating the market are Koninklijke Philips N.V. (The Netherland); Chart Industries, Inc. (US); Invacare Corporation (US), Inogen Inc. (US), Devilbiss Healthcare (US); O2 Concepts (US); Nidek Medical (India), GCE Group (Sweden), Caire Inc. (US), and Precision Medical (US).

Key Industry Development:

  • In June 2022, Carire launched a portable oxygen concentrator in the US, the LifeStyle, dramatically improving the quality of life for oxygen users worldwide.
  • In April 2022, ARYA BioMed Corp launched ARYA Portable Oxygen Concentrator in the US. The portable oxygen concentrator from ARYA is incredibly light and has a strong battery-powered system that charges quickly.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
  • By Designation: C-level - 25%, D-level - 20%, and Others - 55%
  • By Region: North America - 50%, Europe - 20%, Asia Pacific - 20%, Latin America – 5% , and the Middle East & Africa – 5%

Lists of Companies Profiled in the Report:

  • CHART INDUSTRIES, INC. (AIRSEP)
  • KONINKLIJKE PHILIPS N.V.
  • INOGEN, INC.
  • INVACARE CORPORATION
  • DEVILBISS HEALTHCARE LLC.
  • NIDEK MEDICAL PRODUCTS, INC.
  • GCE GROUP
  • SUPERA ANAESTHESIA INNOVATIONS
  • O2 CONCEPTS, LLC.
  • TEIJIN LIMITED
  • OTHER PLAYERS
  • DAIKIN INDUSTRIES, LTD.
  • YUWELL
  • BPL MEDICAL TECHNOLOGIES
  • OXYMED
  • ELOXY TECHNOLOGY
  • EQUINOX
  • GVS
  • EVOS
  • MESSE DUSSELDORF GMBH
  • AIR LIQUIDE HEALTHCARE
  • INSPIRE SLEEP
  • CANADA CPAP SUPPLY
  • KALSTEIN
  • NOXERIOR S.R.L.
  • PURE O2

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market size available for years

2021–2027

Base year considered

2021

Forecast period

2022–2027

Forecast units

Value (USD)

Segments covered

Type, technology, application, end user, and region

Geographies covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Companies covered

Koninklijke Philips N.V. (The Netherland); Chart Industries, Inc. (US); Invacare Corporation (US), Inogen Inc. (US), Devilbiss Healthcare (US); O2 Concepts (US); Nidek Medical (India), GCE Group (Sweden), Caire Inc. (US), and Precision Medical (US).

This report categorizes the oxygen concentrators market into the following segments and subsegments:

By Type

  • Portable
  • Stationary

By Technology

  • Continuous flow
  • Pulse flow

By Application

  • Chronic obstructive pulmonary disease (copd)
  • Asthma
  • Respiratory distress
  • Others (sleep apnea, interstitial lung disease, interstitial fibrosis, cystic fibrosis of lungs, post-operative care etc.)

By End User

  • Hospitals & clinics
  • Home care settings
  • Ambulatory surgical centers & physician offices

By Region

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia Pacific (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKETS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 STAKEHOLDERS

2 RESEARCH METHODOLOGY
    2.1 MARKET SIZE ESTIMATION
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.3 KEY INDUSTRY INSIGHTS
    2.4 RISK ASSESSMENT
    2.5 ASSUMPTIONS FOR THE STUDY
    2.6 LIMITATIONS
           2.6.1 METHODOLOGY-RELATED LIMITATIONS
           2.6.2 SCOPE-RELATED LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           5.2.1 DRIVERS
           5.2.2 RESTRAINTS
           5.2.3 OPPORTUNITIES
           5.2.4 CHALLENGES
    5.3 COVID-19 ECONOMIC ASSESSMENT
    5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN OXYGEN CONCENTRATORS MARKET
    5.5 AVERAGE SELLING PRICE TREND
    5.6 ECOSYSTEM/MARKET MAP
    5.7 PATENT ANALYSIS
    5.8 VALUE CHAIN ANALYSIS
    5.9 TECHNOLOGY ANALYSIS
    5.10 CASE STUDY ANALYSIS
    5.11 TARIFF AND REGULATORY LANDSCAPE
           5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
           5.11.2 NORTH AMERICA
           5.11.3 EUROPE
           5.11.4 ASIA PACIFIC
    5.12 ADJACENT MARKET ANALYSIS
    5.13 KEY CONFERENCES & EVENTS IN 2022-2023
    5.14 PORTER’S FIVE FORCES ANALYSIS
           5.14.1 THREAT FROM NEW ENTRANTS
           5.14.2 THREAT FROM SUBSTITUTES
           5.14.3 BARGAINING POWER OF SUPPLIERS
           5.14.4 BARGAINING POWER OF BUYERS
           5.14.5 INTENSITY OF COMPETITIVE RIVALRY
    5.15 KEY STAKEHOLDERS & BUYING CRITERIA
           5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.15.2 BUYING CRITERIA

6 OXYGEN CONCENTRATORS  MARKET, BY TYPE (USD MILLION; 2020-2027)
    6.1 INTRODUCTION
    6.2 PORTABLE
    6.3 STATIONARY

7 OXYGEN CONCENTRATORS MARKET, BY TECHNOLOGY (USD MILLION; 2020-2027)
    7.1 INTRODUCTION
    7.2 CONTINUOUS FLOW
    7.3 PULSE FLOW

8 OXYGEN CONCENTRATORS MARKET, BY APPLICATION (USD MILLION; 2020-2027)
    8.1 INTRODUCTION
    8.2 CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD)
    8.3 ASTHMA
    8.4 RESPIRATORY DISTRESS
    8.5 OTHERS (SLEEP APNEA, INTERSTITIAL LUNG DISEASE, INTERSTITIAL FIBROSIS, CYSTIC FIBROSIS OF LUNGS, POST-OPERATIVE CARE ETC.)

9 OXYGEN CONCENTRATORS MARKET, BY END USER (USD MILLION; 2020-2027)
    9.1 HOSPITALS & CLINICS
    9.2 HOME CARE SETTINGS
    9.3 AMBULATORY SURGICAL CENTERS & PHYSICIAN OFFICES

10 OXYGEN CONCENTRATORS  MARKET, BY REGION (USD MILLION; 2020-2027)
     10.1 INTRODUCTION
     10.2 NORTH AMERICA
             10.2.1 US
             10.2.2 CANADA
     10.3 EUROPE
             10.3.1 GERMANY
             10.3.2 FRANCE
             10.3.3 UK
             10.3.4 ITALY
             10.3.5 SPAIN
             10.3.6 REST OF EUROPE (ROE)
     10.4 ASIA PACIFIC
             10.4.1 JAPAN
             10.4.2 CHINA
             10.4.3 AUSTRALIA
             10.4.4 INDIA
             10.4.5 REST OF APAC (ROAPAC)
     10.5 LATIN AMERICA
             10.5.1 BRAZIL
             10.5.2 MEXICO
             10.5.3 REST OF LATIN AMERICA
     10.6 MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE
     11.1 INTRODUCTION
     11.2 RIGHT TO WIN/OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE OXYGEN CONCENTRATORS MARKET
     11.3 REVENUE SHARE ANALYSIS
             11.3.1 REVENUE ANALYSIS FOR KEY PLAYERS IN THE OXYGEN CONCENTRATORS MARKET
     11.4 MARKET SHARE ANALYSIS OF KEY PLAYERS IN OXYGEN CONCENTRATORS MARKET
     11.5 COMPANY EVALUATION QUADRANT
             11.5.1 STARS
             11.5.2 PERVASIVE PLAYERS
             11.5.3 EMERGING LEADERS
             11.5.4 PARTICIPANTS
     11.6 COMPETITIVE BENCHMARKING
             11.6.1 COMPANY PRODUCT FOOTPRINT
             11.6.2 COMPANY TECHNOLOGY FOOTPRINT
             11.6.3 COMPANY APPLICATION FOOTPRINT
             11.6.4 COMPANY END USER FOOTPRINT
     11.7 COMPETITIVE SITUATIONS AND TRENDS
             11.7.1 PRODUCT/SERVICE LAUNCHES & APPROVALS
             11.7.2 DEALS

12 COMPANY PROFILES
(Business Overview, Financial Information, Products Offered, Recent Developments and MnM View) *
     12.1 KEY PLAYERS
             12.1.1 CHART INDUSTRIES, INC. (AIRSEP)
             12.1.2 KONINKLIJKE PHILIPS N.V.
             12.1.3 INOGEN, INC.
             12.1.4 INVACARE CORPORATION
             12.1.5 DEVILBISS HEALTHCARE LLC.
             12.1.6 NIDEK MEDICAL PRODUCTS, INC.
             12.1.7 GCE GROUP
             12.1.8 SUPERA ANAESTHESIA INNOVATIONS
             12.1.9 O2 CONCEPTS, LLC.
             12.1.10 TEIJIN LIMITED
     12.2 OTHER PLAYERS
             12.2.1 DAIKIN INDUSTRIES, LTD.
             12.2.2 YUWELL
             12.2.3 BPL MEDICAL TECHNOLOGIES
             12.2.4 OXYMED
             12.2.5 ELOXY TECHNOLOGY
             12.2.6 EQUINOX
             12.2.7 GVS
             12.2.8 EVOS
             12.2.9 MESSE DUSSELDORF GMBH
             12.2.10 AIR LIQUIDE HEALTHCARE
             12.2.11 INSPIRE SLEEP
             12.2.12 CANADA CPAP SUPPLY
             12.2.13 KALSTEIN
             12.2.14 NOXERIOR S.R.L.
             12.2.15 PURE O2

* Financial Information and MnM View would be provided for public listed companies only.
*List of companies provided above is tentative, it may change during the course of study.

13 APPENDIX
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

Note: 
This ToC is tentative, and the segmentation given may change slightly depending on research findings.
Under the company profiles section Key 25 companies in the overall global market will be profiled. Details on business overview, products and services, financials, strategy & development might not be captured in case of unlisted companies.
Years considered for the study would be Historical year – 2020, Base Year – 2021, Estimated Year – 2022, Forecast Period – 2022 to 2027
The market tables would include value data in USD for the years 2020, 2021, 2022, and forecasted value for 2027 along with CAGR for the period 2022-2027
The market information will be provided in terms of value (USD million) only.

This study involved four major activities in estimating the current size of the oxygen concentrators market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size.  After that, market breakdown and data triangulation procedures were used to estimate segments and subsegments' market size.

Secondary Research

In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to identify and collect information for this study.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources were mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify the critical qualitative and quantitative information as well as assess future prospects.

The following is a breakdown of the primary respondents:

Oxygen Concentrators Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the oxygen concentrators market's total size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research
  • The revenues generated by leading players operating in the oxygen concentrators market have been determined through primary and secondary research
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Global Oxygen concentrators Market Size: Top-Down Approach

Oxygen Concentrators Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To define, describe, segment, and forecast the global oxygen concentrators market by type, technology, application, end user, and region.
  • To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market segments with respect to five regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
  • To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies2
  • To track and analyze company developments such as acquisitions, product launches and approvals, expansions, and other developments in the oxygen concentrators market.
  • To benchmark players within the market using the proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business and product strategy.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific oxygen concentrators market into Australia, New Zealand, and other countries.
  • Further breakdown of the Rest of Europe oxygen concentrators market into Sweden, Poland, Switzerland, and other countries.
  • Further breakdown of the Rest of Latin America oxygen concentrators market into Argentina, Chile, Peru, and other countries.

Company profiles

Company profiles of 20 players operating in the oxygen concentrators market.

Report Code
UC 2006
Available for Pre-Book
Choose License Type
Prebook Now
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Oxygen Concentrators Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback