Market Overview:
The global medical oxygen concentrator market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in medical oxygen concentrators. Based on type, the global medical oxygen concentrator market is segmented into portable medical oxygen concentrators, stationary medical oxygen concentrators, and others. The portable medical oxygen concentrator segment is expected to grow at a higher CAGR during the forecast period as these devices are easy-to-use and can be carried around easily. Based on application, the global market is segmented into home use, hospital use, traveling use, and others (including military applications). The home use segment dominates this market owing to rising demand for home healthcare services across the globe.
Product Definition:
A medical oxygen concentrator is a device that separates oxygen from other gases in the air. It then delivers the pure oxygen to a patient through a nasal cannula or mask.
Portable Medical Oxygen Concentrator:
Portable medical oxygen concentrators are devices that help in increasing the oxygen level in the blood with the help of pure and concentrated oxygen. These concentrators are used for treating anemia, asthma, COPD, diabetes mellitus and other respiratory diseases. Portable medical oxygen concentrators market is segmented on the basis of product type which includes fixed gas & liquid portable medical O2 concentrators and non-portable O2 concentrator.
Stationary Medical Oxygen Concentrator:
Stationary medical oxygen concentrators are devices used to provide supplemental oxygen in a stationary setting. The most common application of stationary medical oxygen concentrators is for patients who cannot be moved to an emergency department or who do not require critical care while waiting for transport.
Global Stationary Medical Oxygen Concentrator.
Application Insights:
The home healthcare segment dominated the global market in 2017. The growing demand for oxygen therapy as a treatment method for various diseases, such as respiratory disorders, anemia, and cardiac arrest has contributed to the growth of this segment. In addition, an increase in disposable income among certain population groups has led them to purchase portable O2 concentrators that can be used at home. This factor is expected to drive the demand over the forecast period.
Hospital application accounted for 28% share of total revenue in 2017 owing to increasing prevalence of chronic diseases and rising number of hospital admissions across regions especially after fire accidents or incidents occur due these devices help reduce complications arising from inadequate ventilation such as hypoxia.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high awareness levels regarding the benefits of medical oxygen therapy, and availability of a large number of products are some factors responsible for its continued dominance over the forecast period. In addition, increasing demand for portable concentrators is expected to drive growth during this period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to an increase in per capita income and improved standard of living resulting from economic development coupled with government initiatives such as “Housing for All by 2020†and “Atal Mission for Rejuvenation & Urban Transformation (AMRUT)†that provide access to electricity connections & toilet facilities in houses thereby promoting home based oxygen therapy units which will further boost industry expansion. Moreover, growing penetration rates for portable concentrators due to their ease of use are expected drive demand during this period.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 5.0% from 2016 to 2020. This will result in an increase in the demand for medical oxygen concentrators, as the elderly are more susceptible to respiratory problems.
- Rising prevalence of respiratory diseases: The prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia is increasing due to changing lifestyles and environmental factors. This will lead to an increase in the demand for medical oxygen concentrators.
- Technological advancements: The development of new technologies such as portable medical oxygen concentrators is leading to an increase in the adoption of these devices by patients worldwide. This is driving the growth of the market for medical oxygen concentrators globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Oxygen Concentrator Market Research Report
By Type
Portable Medical Oxygen Concentrator, Stationary Medical Oxygen Concentrator, Others
By Application
Home, Hospital, Traveling, Others
By Companies
Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, GF Health Products, Linde, Nidek Medical, Air Water Group, Precision Medical, Haiyang Zhijia, Shenyang Canta, O2 Concepts, Inova Labs, Foshan Kaiya, Longfei Group, Beijing North Star, SysMed, Beijing Shenlu, Gaoxin Huakang
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Medical Oxygen Concentrator Market Report Segments:
The global Medical Oxygen Concentrator market is segmented on the basis of:
Types
Portable Medical Oxygen Concentrator, Stationary Medical Oxygen Concentrator, 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
Home, Hospital, Traveling, 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:
- Invacare
- Teijin Pharma
- Chart Industries
- Inogen
- Yuyue Medical
- Philips
- DeVilbiss Healthcare
- AVIC Jianghang
- GF Health Products
- Linde
- Nidek Medical
- Air Water Group
- Precision Medical
- Haiyang Zhijia
- Shenyang Canta
- O2 Concepts
- Inova Labs
- Foshan Kaiya
- Longfei Group
- Beijing North Star
- SysMed
- Beijing Shenlu
- Gaoxin Huakang
Highlights of The Medical Oxygen Concentrator 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:
- Portable Medical Oxygen Concentrator
- Stationary Medical Oxygen Concentrator
- Others
- By Application:
- Home
- Hospital
- Traveling
- 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 Medical Oxygen Concentrator 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?
A medical oxygen concentrator is a machine that helps to produce high levels of oxygen in an enclosed space. This can be helpful for people who have difficulty breathing, or for those who are undergoing surgery.
Some of the key players operating in the medical oxygen concentrator market are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, GF Health Products, Linde, Nidek Medical, Air Water Group, Precision Medical, Haiyang Zhijia, Shenyang Canta, O2 Concepts, Inova Labs, Foshan Kaiya, Longfei Group, Beijing North Star, SysMed, Beijing Shenlu, Gaoxin Huakang.
The medical oxygen concentrator market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Oxygen Concentrator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Oxygen Concentrator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Oxygen Concentrator Market - Supply Chain
4.5. Global Medical Oxygen Concentrator Market Forecast
4.5.1. Medical Oxygen Concentrator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Oxygen Concentrator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Oxygen Concentrator Market Absolute $ Opportunity
5. Global Medical Oxygen Concentrator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Oxygen Concentrator Market Size and Volume Forecast by Type
5.3.1. Portable Medical Oxygen Concentrator
5.3.2. Stationary Medical Oxygen Concentrator
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Oxygen Concentrator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Oxygen Concentrator Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Hospital
6.3.3. Traveling
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Oxygen Concentrator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Oxygen Concentrator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Oxygen Concentrator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Oxygen Concentrator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Oxygen Concentrator Demand Share Forecast, 2019-2026
9. North America Medical Oxygen Concentrator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Oxygen Concentrator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Oxygen Concentrator Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Hospital
9.4.3. Traveling
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Oxygen Concentrator Market Size and Volume Forecast by Type
9.7.1. Portable Medical Oxygen Concentrator
9.7.2. Stationary Medical Oxygen Concentrator
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Oxygen Concentrator Demand Share Forecast, 2019-2026
10. Latin America Medical Oxygen Concentrator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Oxygen Concentrator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Oxygen Concentrator Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Hospital
10.4.3. Traveling
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Oxygen Concentrator Market Size and Volume Forecast by Type
10.7.1. Portable Medical Oxygen Concentrator
10.7.2. Stationary Medical Oxygen Concentrator
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Oxygen Concentrator Demand Share Forecast, 2019-2026
11. Europe Medical Oxygen Concentrator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Oxygen Concentrator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Oxygen Concentrator Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Hospital
11.4.3. Traveling
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Oxygen Concentrator Market Size and Volume Forecast by Type
11.7.1. Portable Medical Oxygen Concentrator
11.7.2. Stationary Medical Oxygen Concentrator
11.7.3. thers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Oxygen Concentrator Demand Share, 2019-2026
12. Asia Pacific Medical Oxygen Concentrator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Oxygen Concentrator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Oxygen Concentrator Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Hospital
12.4.3. Traveling
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Oxygen Concentrator Market Size and Volume Forecast by Type
12.7.1. Portable Medical Oxygen Concentrator
12.7.2. Stationary Medical Oxygen Concentrator
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Oxygen Concentrator Demand Share, 2019-2026
13. Middle East & Africa Medical Oxygen Concentrator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Oxygen Concentrator Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Oxygen Concentrator Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Hospital
13.4.3. Traveling
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Oxygen Concentrator Market Size and Volume Forecast by Type
13.7.1. Portable Medical Oxygen Concentrator
13.7.2. Stationary Medical Oxygen Concentrator
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Oxygen Concentrator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Oxygen Concentrator Market: Market Share Analysis
14.2. Medical Oxygen Concentrator Distributors and Customers
14.3. Medical Oxygen Concentrator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Invacare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Teijin Pharma
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chart Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Inogen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yuyue Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Philips
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DeVilbiss Healthcare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AVIC Jianghang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GF Health Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Linde
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nidek Medical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Air Water Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Precision Medical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Haiyang Zhijia
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shenyang Canta
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. O2 Concepts
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Inova Labs
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Foshan Kaiya
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Longfei Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Beijing North Star
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
