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Globally, around 300 Million people suffer from asthma as per one of the reports of the World Health Organization. This has been a major reason for the upsurge in the demand for the medical oxygen concentrator. Even though the oxygen cylinder segment is the leading product type segment, with a market share of over 47% in 2020, the portable cylinder segment is anticipated to have major growth in the coming years. Advantages such as ease of use, portability, and reduced weight, along with long battery life, miniaturization, and integration of membrane technology will spur its adoption rate to 9.56% through the forecasted period.
Continuous flow medical oxygen concentrator segment size was over USD 1.78 billion in 2020. The prevalence of chronic respiratory conditions has led to a high number of emergency cases requiring continuous oxygen supply to patients. Increasing the use of continuous flow concentrators during critical situations in healthcare facilities is expected to positively impact its market growth. However, the pulse flow technology is expected to grow over an anticipated CAGR of 11.12%.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like- Teijin Limited, Nidek Medical Products, Inogen, ResMed, and Invacare Corporation among other players.
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ASPECTS COVERED IN THE REPORT
Market Size by Value for the period (2015-2026F)
Market Share by Product (Portable Oxygen Concentrator, Stationary Oxygen Concentrator, & Oxygen Cylinders)
Market Share by Technology (Continuous Flow & Pulse Flow)
Market Share by End User (Home Care & Non-Home Care)
Market Share by Region
Market Share by Country
Market Share by Company
Conducts Overall the Global Oxygen Concentrator Market Segmentation:
CONSIDERED IN THE REPORT
Geography: Global
Base year: 2020
Historical year: 2015
Forecasted year: 2025
By Country
By Company
Teijin Limited, Nidek Medical Products, Inogen, ResMed, and Invacare Corporation among other players.
Regions covered in the report
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Regions covered in the Global Oxygen Concentrator Market report 2026:
Table of Contents
3.1. Market Size by Value
3.2. Market Share
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