Medical Oxygen Concentrators Market Research Report - Global Forecast till 2027

Global Medical Oxygen Concentrators Market Research Report Information by Product (Portable Oxygen Concentrators and Stationary Oxygen Concentrators), Technology (Continuous Flow, Pulse Dose), Indication (Chronic Obstructive Pulmonary Disease, Asthma, Sleep Apnea, Others), End User (Homecare, Travel, Hospitals and Clinics) and Region - Forecast till 2027

ID: MRFR/HC/6404-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Medical Oxygen Concentrators Market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 1,755.8 million in 2018 and is projected to grow at a CAGR of 7.8% during the forecast period. The oxygen concentrator is a medical device that concentrates the oxygen from a gas supply by selectively removing nitrogen to supply an oxygen-enriched product gas stream. Oxygen concentrator draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Oxygen concentrators assist people who have a low oxygen level in their blood. Oxygen concentrators are suitable for administering point-of-care (POC) oxygen in developing-country settings, especially where cylinders and piped systems are unavailable or inappropriate. These devices provide sustainable and cost-effective oxygen to health facilities with reliable power. The surging worldwide number of patients requiring long-term oxygen therapy (LTOT), rising prevalence of chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, growth in healthcare spending, mounting demand for portable oxygen concentrators, and the presence of favorable government initiatives are the major factors driving the market growth. For instance, according to the World Health Organization (WHO), in 2016, there were 251 million cases of COPD across the world.


On the flip side, the stringent regulatory scenario is anticipated to impede market growth during the forecast period.


Segmentation


The Global Medical Oxygen Concentrators Market has been segmented into product, technology, indication, end user, and region.


By product, the market has been segmented into portable oxygen concentrators and stationary oxygen concentrators. The portable oxygen concentrators segment commanded the market in 2018 and is expected to continue the dominance over the forecast period owing to growing adoption by travelers attributed to its lightweight, compact size, better mobility, and higher oxygen capacity. While, stationary oxygen concentrators segment would register comparatively higher market growth as these devices offer a more stable source of oxygen, hands-free operation, and longer tubing as compared to portable oxygen concentrators.


 On the basis of technology, the market has been divided into the continuous flow and pulse dose.


 Based on indication, the market has been categorized into chronic obstructive pulmonary disease, asthma, sleep apnea, and others.


 By end user, the market has been classified into homecare, travel, hospitals and clinics, and others.


 The global medical oxygen concentrators market has been segmented on the basis of region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The medical oxygen concentrators market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.


 The European medical oxygen concentrators market has been segmented into Western Europe and Eastern Europe. Western Europe, medical oxygen concentrators market, has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.


 The medical oxygen concentrators market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The medical oxygen concentrators market in the Middle East & Africa has been segmented into the Middle East and Africa.


Key Players




  • Philips Healthcare




  • Invacare Corporation




  • AirSep Corporation




  • Drive DeVilbiss Healthcare




  • Medtronic plc




  • ResMed




  • Chart Industries, Inc.




  • Nidek Medical Products, Inc.




  • Precision Medical, Inc.




  • GCE Group




  • Besco Medical Limited




  • O2 Concepts, LLC




  • Inogen




  • Teijin Limited




  • OSI - Oxygen Solutions Inc.




Regional Market Summary


Global Medical Oxygen Concentrators Market Share (%), by Region, 2018
  Medical Oxygen Concentrators Market_Image


Source: White Papers, Company Presentations, Annual Reports, and MRFR Analysis


Geographically, the Americas held substantial market share in 2018 attributed to the presence of key market players, established home healthcare care services, the growing burden of respiratory diseases, and favorable reimbursement policies in the US and Canada. For instance, as per the data provided by the Centers for Disease Control and Prevention (CDC), currently, around 16 million Americans are suffering from chronic obstructive pulmonary disease.


Europe would be the second largest value contributor in the global market due to the growing geriatric population coupled with rising prevalence of pulmonary hypertension, COPD, asthma, and fibrosis. Growing exposure to smoke, chemicals, aerosols and other pollutants are increasing the risk to develop respiratory diseases. According to the European Medicines Agency (EMA), presently, asthma affected more than 30 million Europeans.


Asia-Pacific is expected to represent the fastest market growth from 2018 to 2024 owing to boosting demand for portable concentrators, increasing healthcare expenditure, and growing awareness about oxygen concentrators. For instance, according to a report by Organization for Economic Co-operation and Development (OECD), averagely, between 2010 to 2015, the growth rate in per capita health spending in real terms was 5.3% per year in Asia-Pacific, higher than the 3.9% observed for the gross domestic product (GDP).


The medical oxygen concentrators market in the Middle East & Africa would witness the modest market growth rate from 2018 to 2024. The Middle East would spearhead the market attributed to the rising prevalence of sleep apnea. According to ResMed, sleep apnea affects more than 3 in 10 men and nearly 1 in 5 women in the Middle East.


Global Medical Oxygen Concentrators Market, by Product



  • Portable Oxygen Concentrators

  • Stationary Oxygen Concentrators


Global Medical Oxygen Concentrators Market, by Technology



  • Continuous Flow

  • Pulse Dose


Global Medical Oxygen Concentrators Market, by Indication



  • Chronic Obstructive Pulmonary Disease (COPD)

  • Asthma

  • Sleep Apnea

  • Others


Global Medical Oxygen Concentrators Market, by End User



  • Homecare

  • Travel

  • Hospitals and Clinics

  • Others


Global Medical Oxygen Concentrators Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa




Intended Audience



  • Medical oxygen concentrators manufacturers

  • Medical oxygen concentrators suppliers

  • Venture capitalists

  • Medical devices companies

  • Research and academic institutes

  • Healthcare facilities

  • Association and government bodies

  • Market research and consulting service providers

  • Corporate entities



Frequently Asked Questions (FAQ) :


Medical Oxygen Concentrators Market was valued at USD 1,755.8 million in 2018.

Medical Oxygen Concentrators Market is expected to exhibit a stable 7.8% CAGR over the forecast period from 2019 to 2024.

Medical oxygen concentrators are used to filter out nitrogen from atmospheric air and deliver therapeutic-grade concentrations of oxygen to patients.

The rising prevalence of COPD and asthma is likely to be a major driver for the global medical oxygen concentrators market.

Leading players in the medical oxygen concentrators market include Philips Healthcare, ResMed, Invacare, Nidek, AirSep, Medtronic, Chart Industries, and GCE Group, among others.

Table of Contents

Chapter 1 Report Prologue

Chapter 2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Detection Technique Trends & Assessment

Chapter 5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6 Global Medical Oxygen Concentrators Market, by Product

6.1 Introduction

6.2 Portable Oxygen Concentrators

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3 Stationary Oxygen Concentrators

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 7 Global Medical Oxygen Concentrators Market, by Technology

7.1 Introduction

7.2 Continuous Flow

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3 Pulse Dose

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 8 Global Medical Oxygen Concentrators Market, by Indication

8.1 Introduction

8.2 Chronic Obstructive Pulmonary Disease (COPD)

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.3 Asthma

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.4 Sleep Apnea

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.5 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 9 Global Medical Oxygen Concentrators Market, by End User

9.1 Introduction

9.2 Homecare

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

9.3 Travel

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

9.4 Hospitals and Clinics

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

9.5 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 10 Global Medical Oxygen Concentrators Market, by Region

10.1 Introduction

10.2 Americas

10.2.1 North America

10.2.1.1 US

10.2.1.2 Canada

10.2.2 Latin America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 France

10.3.1.3 Italy

10.3.1.4 Spain

10.3.1.5 UK

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 South Korea

10.4.6 Rest of Asia-Pacific

10.5 Middle East & Africa

10.5.1 Middle East

10.5.2 Africa

Chapter 11 Company Landscape

11.1 Introduction

11.2 Market Share Analysis

11.3 Key Developments & Strategies

Chapter 12 Company Profiles

12.1 Philips Healthcare

12.1.1 Company Overview

12.1.2 Product Overview

12.1.3 Financial Overview

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategies

12.2 Invacare Corporation

12.2.1 Company Overview

12.2.2 Product Overview

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 AirSep Corporation

12.3.1 Company Overview

12.3.2 Product Overview

12.3.3 Financial Overview

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 Drive DeVilbiss Healthcare

12.4.1 Company Overview

12.4.2 Product Overview

12.4.3 Financial Overview

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 Medtronic plc

12.5.1 Company Overview

12.5.2 Product Overview

12.5.3 Financial Overview

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 ResMed

12.6.1 Company Overview

12.6.2 Product Overview

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Chart Industries, Inc.

12.7.1 Company Overview

12.7.2 Product Overview

12.7.3 Financial Overview

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 Nidek Medical Products, Inc.

12.8.1 Company Overview

12.8.2 Product Overview

12.8.3 Financial Overview

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 Precision Medical, Inc.

12.9.1 Company Overview

12.9.2 Product Overview

12.9.3 Financial Overview

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 GCE Group

12.10.1 Company Overview

12.10.2 Product Overview

12.10.3 Financial Overview

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

12.11 Besco Medical Limited

12.11.1 Company Overview

12.11.2 Product Overview

12.11.3 Financial Overview

12.11.4 Key Developments

12.11.5 SWOT Analysis

12.11.6 Key Strategies

12.12 O2 Concepts, LLC

12.12.1 Company Overview

12.12.2 Product Overview

12.12.3 Financial Overview

12.12.4 Key Developments

12.12.5 SWOT Analysis

12.12.6 Key Strategies

12.13 Inogen

12.13.1 Company Overview

12.13.2 Product Overview

12.13.3 Financial Overview

12.13.4 Key Developments

12.13.5 SWOT Analysis

12.13.6 Key Strategies

12.14 Teijin Limited

12.14.1 Company Overview

12.14.2 Product Overview

12.14.3 Financial Overview

12.14.4 Key Developments

12.14.5 SWOT Analysis

12.14.6 Key Strategies

12.15 OSI - Oxygen Solutions Inc.

12.15.1 Company Overview

12.15.2 Product Overview

12.15.3 Financial Overview

12.15.4 Key Developments

12.15.5 SWOT Analysis

12.15.6 Key Strategies

Chapter 13 MRFR Conclusion

13.1 Key Findings

13.1.1 From CEO’s Viewpoint

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Predictions for the Medical Oxygen Concentrators Industry

Chapter 14 Appendix

LIST OF TABLES

Table 1 Global Medical Oxygen Concentrators Market Synopsis, 2020–2027

Table 2 Global Medical Oxygen Concentrators Market Estimates and Forecast, 2020–2027 (USD Million)

Table 3 Global Medical Oxygen Concentrators Market, by Region, 2020–2027 (USD Million)

Table 4 Global Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 5 Global Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 6 Global Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 7 Global Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 8 North America: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 9 North America: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 10 North America: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 11 North America Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 12 US: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 13 US: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 14 US: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 15 US Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 16 Canada: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 17 Canada: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 18 Canada: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 19 Canada Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 20 Latin America: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 21 Latin America: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 22 Latin America: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 23 Latin America Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 24 Europe: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 25 Europe: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 26 Europe: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 27 Europe Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 28 Western Europe: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 29 Western Europe: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 30 Western Europe: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 31 Western Europe Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 32 Eastern Europe: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 33 Eastern Europe: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 34 Eastern Europe: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 35 Eastern Europe Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 36 Asia-Pacific: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 37 Asia-Pacific: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 38 Asia-Pacific: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 39 Asia-Pacific Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

Table 40 Middle East & Africa: Medical Oxygen Concentrators Market, by Product, 2020–2027 (USD Million)

Table 41 Middle East & Africa: Medical Oxygen Concentrators Market, by Technology, 2020–2027 (USD Million)

Table 42 Middle East & Africa: Medical Oxygen Concentrators Market, by Indication, 2020–2027 (USD Million)

Table 43 Middle East & Africa Medical Oxygen Concentrators Market, by End User, 2020–2027 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Medical Oxygen Concentrators Market

Figure 3 Segmentation Market Dynamics for Global Medical Oxygen Concentrators Market

Figure 4 Global Medical Oxygen Concentrators Market Share, by Product, 2020

Figure 5 Global Medical Oxygen Concentrators Market Share, by Technology, 2020

Figure 6 Global Medical Oxygen Concentrators Market Share, by Indication, 2020

Figure 7 Global Medical Oxygen Concentrators Market Share, by End User, 2020

Figure 8 Global Medical Oxygen Concentrators Market Share, by Region, 2020

Figure 9 North America: Medical Oxygen Concentrators Market Share, by Country, 2020

Figure 10 Europe: Medical Oxygen Concentrators Market Share, by Country, 2020

Figure 11 Asia-Pacific: Medical Oxygen Concentrators Market Share, by Country, 2020

Figure 12 Middle East & Africa: Medical Oxygen Concentrators Market Share, by Country, 2020

Figure 13 Global Medical Oxygen Concentrators Market: Company Share Analysis, 2020 (%)

Figure 14 Philips Healthcare: Key Financials

Figure 15 Philips Healthcare: Segmental Revenue

Figure 16 Philips Healthcare: Geographical Revenue

Figure 17 Invacare Corporation: Key Financials

Figure 18 Invacare Corporation: Segmental Revenue

Figure 19 Invacare Corporation: Geographical Revenue

Figure 20 AirSep Corporation: Key Financials

Figure 21 AirSep Corporation: Segmental Revenue

Figure 22 AirSep Corporation: Geographical Revenue

Figure 23 Drive DeVilbiss Healthcare: Key Financials

Figure 24 Drive DeVilbiss Healthcare: Segmental Revenue

Figure 25 Drive DeVilbiss Healthcare: Geographical Revenue

Figure 26 Medtronic plc: Key Financials

Figure 27 Medtronic plc: Segmental Revenue

Figure 28 Medtronic plc: Geographical Revenue

Figure 29 ResMed: Key Financials

Figure 30 ResMed: Segmental Revenue

Figure 31 ResMed: Geographical Revenue

Figure 32 Chart Industries, Inc.: Key Financials

Figure 33 Chart Industries, Inc.: Segmental Revenue

Figure 34 Chart Industries, Inc.: Geographical Revenue

Figure 35 Nidek Medical Products, Inc.: Key Financials

Figure 36 Nidek Medical Products, Inc.: Segmental Revenue

Figure 37 Nidek Medical Products, Inc.: Geographical Revenue

Figure 38 Precision Medical, Inc.: Key Financials

Figure 39 Precision Medical, Inc.: Segmental Revenue

Figure 40 Precision Medical, Inc.: Geographical Revenue

Figure 41 GCE Group: Key Financials

Figure 42 GCE Group: Segmental Revenue

Figure 43 GCE Group: Geographical Revenue

Figure 44 Besco Medical Limited: Key Financials

Figure 45 Besco Medical Limited: Segmental Revenue

Figure 46 Besco Medical Limited: Geographical Revenue

Figure 47 O2 Concepts, LLC: Key Financials

Figure 48 O2 Concepts, LLC: Segmental Revenue

Figure 49 O2 Concepts, LLC: Geographical Revenue

Figure 50 Inogen: Key Financials

Figure 51 Inogen: Segmental Revenue

Figure 52 Inogen: Geographical Revenue

Figure 53 Teijin Limited: Key Financials

Figure 54 Teijin Limited: Segmental Revenue

Figure 55 Teijin Limited: Geographical Revenue

Figure 56 OSI - Oxygen Solutions Inc.: Key Financials

Figure 57 OSI - Oxygen Solutions Inc.: Segmental Revenue

Figure 58 OSI - Oxygen Solutions Inc.: Geographical Revenue



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.