Global Oxygen Concentrators Market is likely to grow at CAGR of around 7% and will exceed over USD 5.5 billion by 2024.

Global Oxygen Concentrators Market growth is primarily driven by increasing pulmonary cases, the rising level aged population having the problems of CPOD and respiratory, and rising level of smokers which leads to chronic diseases. Factors including the rising need for respiratory solution or support to patients, increasing number of programs from the different healthcare organizations for monitoring and diagnosing the patients, and rising demand patient’s quality of life also drive the market for oxygen concentrators through the forecast period.

Global Oxygen Concentrators Market Overview, By Region

North America expected to have larger market share due to the rising level of aged population in the region containing the COPD diseases and chronic conditions. The presence of manufacturers including Invacare, SeQual, AirSep, Inogen, Oxus, Philips Respironics, and Inova Labs Inc. also drive the market in this region. Asia-Pacific is expected to have higher growth rate due to the increasing level of asthma patients throughout the region. Further, the rising trend of smoking and intake of alcohol, increasing level of environmental pollutions in this region also drive the market.

Global Oxygen Concentrators Market Overview, By Technology

Global Oxygen Concentrators Market

Continuous flow technology had the highest market share in 2016, primarily due to increased chronic and emergency conditions. Increasing respiratory problems and rising demand for the equipments which will cure respiratory problems also drive the market for Continuous flow technology through the forecasting period. Development of pressure swing adsorption technology used for the spacecraft and pulse does technology drive the market. Increasing demand for mobility in the oxygen providence, need for advanced technologies, and the rising need for comfort while accessing the oxygen also drive the continuous flow of oxygen concentrators market.

Global Oxygen Concentrators Market Overview, By End-Use

In 2017 home care had the highest market share. The home care helps the patient by providing all his needs and prevents the infectious contents open out to other people and thus, drive the market for home care through the forecast period. Rising need for the respiratory solution or support to patients who are under home care also drive the market for oxygen concentrators in the home care segment.

Global Oxygen Concentrators Market Overview, By Products

The portable market segment had the highest market share in 2016. The high demand for portable oxygen concentrators is due to the factors such as rising demand for home care, increasing level of elderly population, and rising asthma problems.

Global Oxygen Concentrators Market Overview, By Market Players

Increasing healthcare expenditure by all the regions also drive the market for oxygen concentrators through the forecast period. Some of the companies operating in Oxygen Concentrators Market are Teijin Limited, Chart Industries, O2 Concepts, Philips, NIDEK Medical Product, Inogen, Invacare, Inova Lab, and DeVilbiss Healthcare GmbH.

Global Oxygen Concentrators Market Background

Developing countries such as China and India are increasing their investments for the healthcare sectors to avoid the risks of chronic diseases. Other private organizations in the developing countries also investing in the healthcare infrastructures. These factors drive the market for Oxygen Concentrators through the forecast period.
Global Oxygen Concentrators Market Overview Segmentation

• Global Oxygen Concentrators Market OverviewBy End-Use

o Home Care
o Hospitals
• Global Oxygen Concentrators Market Overview By-Products

o Portable
o Fixed
• Global Oxygen Concentrators Market Overview By Technology

o Continuous Flow
o Pulse Flow

The above data will be provided for following regions/countries from 2013-2024 (USD Million)

• North America
o U.S.
o Canada

• Europe
o Germany
o UK
o France
o Spain
o Italy

• Asia Pacific
o China
o India
o Japan
o Australia

• Latin America
o Argentina
o Brazil
o Mexico

• Middle East and Africa
o South Africa
o Saudi Arabia

What information is covered in a report?

• Actual market numbers from 2013-2017, estimates and forecasts from 2018 to 2024
• Detailed market segmentation and market share analysis of each segment
• Impact analysis of various drivers and trends
• Market segmentation and landscape
• Competitive landscape, 2017.

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