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 is 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. The objectives of this study are to define, segment, and project the size of the Oxygen Concentrator market based on company, product type, end user and key regions.
This report studies the global market size of Oxygen Concentrator in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Oxygen Concentrator in these regions.
This research report categorizes the global Oxygen Concentrator market by top players/brands, region, type and end user. This report also studies the global Oxygen Concentrator market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Braun and Company
Air Liquide
CareFusion
Chart Industries
DeVilbiss Healthcare
Drive Medical
Respiration Equipment
Respironics
Providence Global Medical
Intersurgical
Eget Hi-Tech
Race Medical
Market size by Product
Portable
Fixed
Market size by End User
Home Care
Non-Home Care
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Oxygen Concentrator market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Oxygen Concentrator market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Oxygen Concentrator companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Oxygen Concentrator submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Oxygen Concentrator are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Oxygen Concentrator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Oxygen Concentrator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.