Market Overview:
The global stationary oxygen machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oxygen therapy in medical applications, rising awareness about respiratory diseases, and technological advancements in oxygen machines. Based on type, the global stationary oxygen machine market is segmented into molecular sieve machines, macromolecule permeable membrane machines, electrolysis machines, chemical reaction machines (including cryogenic separation), and others (including pressure swing adsorption and membrane separation). The molecular sieve segment is expected to account for the largest share of the global stationary oxygen machine market in 2018. This can be attributed to its high efficiency in separating nitrogen and other gases from air. Based on application, the medical segment is expected to account for the largest share of the global stationary oxygen machine market in 2018. This can be attributed to increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and asthma across regions worldwide.
Product Definition:
A stationary oxygen machine is a medical device that delivers pressurized oxygen to a patient through a nasal cannula. It is often used to treat patients with chronic obstructive pulmonary disease (COPD) or other respiratory conditions. The importance of stationary oxygen machines is that they provide patients with continuous, uninterrupted oxygen therapy, which can help improve their quality of life and breathing ability.
Molecular Sieve:
Molecular sieve is a type of adsorbent that consists of nanofibers. These fibers are made from silica and they can absorb up to 10 times their own weight in water vapor or gas. Molecular sieves have wide applications in the medical industry for drying out liquids such as blood, urine, and spinal fluid. It is also used in the food & beverage industry for purification and de-contamination processes.
Macromolecule Permeable Membrane:
Macromolecule permeable membrane is a type of high-efficiency barrier membrane that has the ability to restrict the diffusion of macromolecules through its thickness. It is widely used in oxygenators and stationary air machines for purification, separation, concentration or adsorption applications.
Application Insights:
The medical application segment led the global stationary oxygen machine market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing prevalence of COPD, respiratory disorders, and other lung diseases is expected to drive demand for O2 therapies across hospitals globally. Stationary O2 machines are widely used for treating COPD as it provides purer and higher quality O2 than portable ones do.
Household applications accounted for a significant share in 2017 owing to rising awareness about home healthcare management among consumers globally. In addition, increasing disposable income levels coupled with changing lifestyles has created favorable growth prospects for household applications across regions worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high adoption rate for advanced oxygen therapy and government support are some of the major factors contributing to its large share. For instance, Medicare covers around 80% cost of home Oxygen therapy machine (HOT) and 40% cost for hospital based machines (HHO). In addition, a growing number of hospitals & clinics offering stationary oxygen therapies is also expected to drive the regional market over the forecast period.
Asia Pacific is expected to grow at a lucrative CAGR during the forecast period owing to increasing awareness about stationary oxygen therapies among patients as well as physicians coupled with rising demand from developing countries such as China & India due to rapidly improving healthcare infrastructure in these nations. Furthermore, economic development coupled with an increase in disposable income will also contribute towards this growth during the forecast period (2018 To 2030).
Growth Factors:
- Increasing demand for stationary oxygen machines from the healthcare sector as a result of increasing prevalence of respiratory diseases.
- Rising geriatric population, who are more susceptible to respiratory problems, is also propelling the demand for stationary oxygen machines.
- Technological advancements in design and functionality of these machines is resulting in their increased adoption across various end-use industries such as hospitals, clinics, and homecare settings.
- Growing awareness about the benefits of using stationary oxygen machines is fueling their demand among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Oxygen Machine Market Research Report
By Type
Molecular Sieve, Macromolecule Permeable Membrane, Electrolysis, Chemical, Others
By Application
Medical, Household, Others
By Companies
Philips Respironics, Inogen, Invacare, Chart Industries, Inova Labs, Teijin, GCE Group, Drive Medical, Precision Medical, Yuwell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Oxygen Machine Market Report Segments:
The global Stationary Oxygen Machine market is segmented on the basis of:
Types
Molecular Sieve, Macromolecule Permeable Membrane, Electrolysis, Chemical, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips Respironics
- Inogen
- Invacare
- Chart Industries
- Inova Labs
- Teijin
- GCE Group
- Drive Medical
- Precision Medical
- Yuwell
Highlights of The Stationary Oxygen Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Molecular Sieve
- Macromolecule Permeable Membrane
- Electrolysis
- Chemical
- Others
- By Application:
- Medical
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stationary Oxygen Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stationary oxygen machine is a medical device that helps people with breathing difficulties. It delivers pure, high-quality oxygen to the person's lungs.
Some of the key players operating in the stationary oxygen machine market are Philips Respironics, Inogen, Invacare, Chart Industries, Inova Labs, Teijin, GCE Group, Drive Medical, Precision Medical, Yuwell.
The stationary oxygen machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stationary Oxygen Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stationary Oxygen Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stationary Oxygen Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stationary Oxygen Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stationary Oxygen Machine Market Size & Forecast, 2020-2028
4.5.1 Stationary Oxygen Machine Market Size and Y-o-Y Growth
4.5.2 Stationary Oxygen Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Molecular Sieve
5.2.2 Macromolecule Permeable Membrane
5.2.3 Electrolysis
5.2.4 Chemical
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Household
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stationary Oxygen Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stationary Oxygen Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Molecular Sieve
9.6.2 Macromolecule Permeable Membrane
9.6.3 Electrolysis
9.6.4 Chemical
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Household
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Molecular Sieve
10.6.2 Macromolecule Permeable Membrane
10.6.3 Electrolysis
10.6.4 Chemical
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Household
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Molecular Sieve
11.6.2 Macromolecule Permeable Membrane
11.6.3 Electrolysis
11.6.4 Chemical
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Household
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Molecular Sieve
12.6.2 Macromolecule Permeable Membrane
12.6.3 Electrolysis
12.6.4 Chemical
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Household
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Molecular Sieve
13.6.2 Macromolecule Permeable Membrane
13.6.3 Electrolysis
13.6.4 Chemical
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Household
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stationary Oxygen Machine Market: Competitive Dashboard
14.2 Global Stationary Oxygen Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Respironics
14.3.2 Inogen
14.3.3 Invacare
14.3.4 Chart Industries
14.3.5 Inova Labs
14.3.6 Teijin
14.3.7 GCE Group
14.3.8 Drive Medical
14.3.9 Precision Medical
14.3.10 Yuwell
