An oxygen concentrator is a device which concentrates the oxygen from a gas supply (typically ambient air) to supply an oxygen-enriched gas stream. Oxygen concentrators typically use pressure swing adsorption (PSA) technology and are used very widely for oxygen provision in healthcare applications, especially where liquid or pressurized oxygen is too dangerous or inconvenient, such as in homes or in portable clinics. For other purposes there are also concentrators based on membrane technology.
The market for oxygen concentrators has undergone significant changes and improvement with the introduction of portable technology. The devices have become lighter, more powerful and affordable, leading to increasing demand in the homecare department. Rising worldwide geriatric population means rise in homecare oxygen treatment. People with respiratory conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis and emphysema have benefitted greatly with innovations in oxygen concentrator technology. Some of the new and improved versions of the standard large and bulky devices include AirSep’s LifeStyle Portable Oxygen Concentrator, Inogen One G3, VBOX Trooper, EverGo, Invacare XPO2 and iGo. As the demand for lighter technology by consumers and need for better mobility support for the aged rises, new competitors enter the market, thereby driving innovations. This has resulted in high-quality devices at lower prices.
The U.S. accounts for the largest share of the global oxygen concentrator market, followed by Europe, due to growing consumer awareness, rising incidences of COPD and demographic changes. After the Federal Aviation Administration approved the onboard use of certain portable oxygen concentrators, its applications have widened. Among the Asia-Pacific countries, India, China, Australia and Japan have been identified as emerging markets, and Latin American nations such as Brazil and Mexico are expected to register substantial growth.
The global Oxygen Concentrator market was valued at 1300 million US$ in 2018 and will reach 2350 million US$ by the end of 2025, growing at a CAGR of 8.8% during 2019-2025.
This report focuses on Oxygen Concentrator volume and value at global level, regional level and company level. From a global perspective, this report represents overall Oxygen Concentrator market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Oxygen Concentrator in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Oxygen Concentrator manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Braun and Company
Air Liquide
CareFusion
Chart Industries
DeVilbiss Healthcare
Drive Medical
Respiration Equipment
Respironics
Providence Global Medical
Intersurgical
Eget Hi-Tech
Race Medical
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Portable
Fixed
Segment by Application
Home Care
Non-Home Care
Summary:
Get latest Market Research Reports on Oxygen Concentrator . Industry analysis & Market Report on Oxygen Concentrator is a syndicated market report, published as Global Oxygen Concentrator Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Oxygen Concentrator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.