October 22, 2021
Medical Oxygen Concentrators

Medical Oxygen Concentrators Market Value to Cross US$ 4.99 Bn by 2030

The global medical oxygen concentrators market value is expected to reach US$ 4.99 Billion by the end of 2030, decelerating at a CAGR of 12.8% from 2020 to 2030. The report contains 150+ pages with detailed analysis.

The study provides the overall revenue of the global medical oxygen concentrators market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global medical oxygen concentrators market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the medical oxygen concentrators industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors:

Factors such as increasing prevalence of respiratory ailments, growing geriatric population, high investment in research and development, increasing focus on home healthcare, increasing per capita healthcare expenditure, growing incidence of novel viral diseases, technological advancements, and improving reimbursement scenario in developing regions are driving the growth of medical oxygen concentrators market. Increasing prevalence of tobacco smoking, growing cases of lung disorders, and awareness campaign undertaken by governments to spread awareness regarding respiratory ailments are further propelling the medical oxygen concentrators market expansion across the globe.

Patients affected by various kinds of respiratory illnesses, such as lung malignancy, intense pneumonia, bronchitis, and emphysema require the facilities of oxygen concentrators. High demand from these users is expected to augment the requirement for oxygen concentrators in the near future. Medical oxygen concentrators find usage both at home as well as clinical settings to cater to the requirement of oxygen. These concentrators are fitted with some cylinders and valves, a weight regulating supply, two compartments occupied with an air blower, and zeolite pellets.

Report Highlights:

  • Among the technology segment, continuous flow is expected to dominate the overall market. The launch of new and improved products employing the continuous flow mechanism due to multiple advantages is a major reason for the high market share of the technology.
  • The portable medical oxygen concentrators accounted for the largest revenue in the product segment with more than 58% share in 2020. Ease of use and storage is the major reason for high market share of portable medical oxygen concentrators. High prevalence of respiratory ailments such as COPD and asthma is also expected to boost the demand for portable concentrators.
  • Home care accounted for the largest revenue in the application segment. High demand for oxygen concentrators for administration of oxygen in home settings, technological advancements, increasing trend of home healthcare in developed countries of North America and Western Europe, and launch of new portable oxygen concentrators is the key reason for high market share.
  • Inogen, Invacare, DeVilbiss Healthcare, and Covidien accounted for a significant share of the global medical oxygen concentrators market.

Regional Analysis:

The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, North America dominated the global market with a market share of more than 35%. U.S. signified the highest portion in the North American region largely due to large investment in medical devices research and development and presence of skilled physicians. Furthermore, early implementation of latest technologies also contributed to the high market share of the United States.

Europe was the next important market mainly due to a high geriatric population and high investment in research and development. The increasing requirement for home healthcare in the European region is also expected to boost the demand for medical oxygen concentrators in the projected time-span. Asia Pacific is estimated to advance at the maximum CAGR of around 6.1% in the forecast period due to high incidence of respiratory ailments. Middle East, Africa and Latin American region will exhibit noticeable progress.

Key Market Players and Strategies:

The major companies operating in the worldwide medical oxygen concentrators market are Teijen, DeVilbiss Healthcare, AirSep, Inogen, Nidek Medical, Invacare, O2 Concepts, Inova Labs, Covidien, and Philips Respironics among others.

Increased spending on research and development along with mergers, acquisition, and collaborations are the important strategies taken up by manufacturers operational in the global medical oxygen concentrators market. Moreover, leading companies are investing heavily on research for the development of portable oxygen concentrators. In January 2018, ResMed introduced its branded portable oxygen concentrator, Mobi.

Market Segmentation

Major Market Segments Covered:

By Technology

  • Pulse Dose
  • Continuous Flow
  • Others

By Product

  • Fixed
  • Portable

By Application

  • Non-home Care
  • Home Care

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global medical oxygen concentrators market. It examines trends and factors influencing demand for medical oxygen concentrators globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for medical oxygen concentrators across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on medical oxygen concentrators. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global medical oxygen concentrators market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for medical oxygen concentrators are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Medical Oxygen Concentrators Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Medical Oxygen Concentrators Market

5.1. Covid-19: Medical Oxygen Concentrators Industry Impact
5.2. Medical Oxygen Concentrators Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Medical Oxygen Concentrators Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Medical Oxygen Concentrators Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Medical Oxygen Concentrators Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing prevalence of respiratory ailments
6.1.1.2. Growing geriatric population
6.1.2. Market Restraints
6.1.2.1. High cost
6.1.3. Market Opportunities
6.1.3.1. Technological advancements
6.1.3.2. Improving reimbursement scenario in developing regions

Chapter 7. Global Medical Oxygen Concentrators Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Medical Oxygen Concentrators Market Revenue by Market Players (2016 -2019)
7.1.1.2. Medical Oxygen Concentrators Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Technology Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Medical Oxygen Concentrators Market, By Technology

8.1. Medical Oxygen Concentrators Market, by Technology, 2017-2030
8.1.1. Pulse Dose
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Continuous Flow
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Medical Oxygen Concentrators Market, By Product

9.1. Medical Oxygen Concentrators Market, by Product, 2017-2030
9.1.1. Fixed
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Portable
9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Medical Oxygen Concentrators Market, By Application

10.1. Medical Oxygen Concentrators Market, by Application, 2017-2030
10.1.1. Non-home Care
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Home Care
10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Medical Oxygen Concentrators Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Technology(2017-2030)
11.1.2. Market Revenue Forecast by Product(2017-2030)
11.1.3. Market Revenue Forecast by Application (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Technology (2017-2030)
11.2.2. Market Revenue Forecast by Product (2017-2030)
11.2.3. Market Revenue Forecast by Application (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Technology (2017-2030)
11.3.2. Market Revenue Forecast by Product (2017-2030)
11.3.3. Market Revenue Forecast by Application (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Technology (2017-2030)
11.4.2. Market Revenue Forecast by Product (2017-2030)
11.4.3. Market Revenue Forecast by Application (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Technology (2017-2030)
11.5.2. Market Revenue Forecast by Product (2017-2030)
11.5.3. Market Revenue Forecast by Application (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. Teijen
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. DeVilbiss Healthcare
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. AirSep
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. Inogen
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. Nidek Medical
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. Invacare
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. O2 Concepts
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. Inova Labs
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Covidien
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. Philips Respironics
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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