Medical Oxygen Concentrators Market: By Product Type (Portable Oxygen Concentrators and Stationary Oxygen Concentrators), By Technology (Pulse Dose Oxygen Concentrators and Continuous Flow Oxygen Concentrators), By Application (COPD, Asthma, Cystic Fibrosis, Pneumonia, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASC), Homecare, and Travel Agents), and Geography  

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Medical Oxygen Concentrators Market size was valued at USD 1,964 million in 2023 and is expected to reach USD 3,927.6 million by 2030 poised to grow at a CAGR of 9.4% from 2024-2030. The market's growing geriatric population, the incidence of various respiratory disorders and technology advances in oxygen concentrators. Oxygen concentrators are medical equipment that extract oxygen from a gas supply by selectively removing nitrogen, resulting in an oxygen-enriched product gas spurt. Oxygen concentrators are medical devices that selectively remove nitrogen from a gas supply, producing in an oxygen-enriched product gas spurt. Air is circulated through molecular filter beds in oxygen concentrators to concentrate ambient oxygen to therapeutic levels for patient administration. Oxygen concentrators are used by patients who require supplemental oxygen for respiratory ailments such as bronchitis, emphysema, lung cancer, or acute pneumonia. Oxygen concentrators can be used at home or in hospital settings to help users meet their oxygen needs. Because of their ease of use, oxygen concentrators are becoming increasingly popular and in high demand. Moreover, several oxygen concentrators are available with different flow rates such as continuous and pulse flow devices, which are digitally monitored to help in the improved usability in across patient groups in hospital and homecare setups, which are advancing medical oxygen concentrators market revenue growth across the globe. In addition, the research report includes technology advancements; regulatory scenarios, and competition analyses with a vividly illustrated competition dashboard to assess the market competition.

Global Medical Oxygen Concentrators Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.4%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Medical Oxygen Concentrators Market Dynamics

The growing ageing populations, who are vulnerable to several respiratory diseases, are expected to drive the market revenue growth over the forecast period. For Instance, in 2016, according to World Bank population statistics, population ages 65 and above is estimated to be around 8.5% of total population and projected to grow geriatric population over the forecast period, which in turn affect the market growth positively. Moreover, Chronic Obstructive Pulmonary Disease (COPD) patients are increasingly adopting oxygen concentrators for COPD management; this would drive the market revenue growth. For instance, in 2015, according to WHO, COPD estimated to cause three million deaths globally. In addition, growing consumptions of cigarettes, marijuana, and rising air pollution causing respiratory diseases, this, in turn, propels the adoption of oxygen concentrators across the patient groups.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Medical Oxygen Concentrators Market Segmentation

By product type
  • Portable Oxygen Concentrators
  • Stationary Oxygen Concentrators
By Application
  • Asthma
  • COPD
  • Cystic Fibrosis
  • Pneumonia
  • Other
By Technology
  • Pulse Dose Oxygen Concentrators
  • Continuous Flow Oxygen Concentrators
By End User
  • Hospitals,
  • Clinics,
  • Ambulatory Surgical Centers (ASC),
  • Homecare, and
  • Travel Agents

Frequently Asked Questions

The medical oxygen concentrators market size was valued at USD 1,964 million in 2023

The medical oxygen concentrators market key players are: Chart Industries, Inc. (U.S.) Medtronic plc. (U.S) DeVilbiss Healthcare LLC (U.S) GCE Group (Sweden) Inogen (U.S) Invacare Corporation (U.S) Koninklijke Philips N.V. (Netherlands) Linde Healthcare (Germany) Nidek Medical Products, Inc. (U.S) O2 Concepts, LLC (U.S) Oxus America (U.S) Oxygen to Go, LLC (U.S) Teijin Limited (Japan)

The medical oxygen concentrators market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Medical Oxygen Concentrators Market Introduction 
2.1.Global Medical Oxygen Concentrators Market  - Taxonomy
2.2.Global Medical Oxygen Concentrators Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Technology
2.2.4.Region
3. Global Medical Oxygen Concentrators Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID-19 on Market
4. Global Medical Oxygen Concentrators Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Medical Oxygen Concentrators Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Portable Oxygen Concentrators
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Stationary Oxygen Concentrators
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Medical Oxygen Concentrators Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Asthma
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. COPD
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cystic Fibrosis
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Pneumonia
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Other
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global Medical Oxygen Concentrators Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Pulse Dose Oxygen Concentrators
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Continuous Flow Oxygen Concentrators
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8. Global Medical Oxygen Concentrators Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Medical Oxygen Concentrators Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Portable Oxygen Concentrators
9.1.2.Stationary Oxygen Concentrators
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Asthma
9.2.2.COPD
9.2.3.Cystic Fibrosis
9.2.4.Pneumonia
9.2.5.Other
9.3.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Pulse Dose Oxygen Concentrators
9.3.2.Continuous Flow Oxygen Concentrators
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Medical Oxygen Concentrators Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Portable Oxygen Concentrators
10.1.2.Stationary Oxygen Concentrators
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Asthma
10.2.2.COPD
10.2.3.Cystic Fibrosis
10.2.4.Pneumonia
10.2.5.Other
10.3.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Pulse Dose Oxygen Concentrators
10.3.2.Continuous Flow Oxygen Concentrators
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Medical Oxygen Concentrators Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Portable Oxygen Concentrators
11.1.2.Stationary Oxygen Concentrators
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Asthma
11.2.2.COPD
11.2.3.Cystic Fibrosis
11.2.4.Pneumonia
11.2.5.Other
11.3.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Pulse Dose Oxygen Concentrators
11.3.2.Continuous Flow Oxygen Concentrators
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Medical Oxygen Concentrators Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Portable Oxygen Concentrators
12.1.2.Stationary Oxygen Concentrators
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Asthma
12.2.2.COPD
12.2.3.Cystic Fibrosis
12.2.4.Pneumonia
12.2.5.Other
12.3.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Pulse Dose Oxygen Concentrators
12.3.2.Continuous Flow Oxygen Concentrators
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Medical Oxygen Concentrators Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Portable Oxygen Concentrators
13.1.2.Stationary Oxygen Concentrators
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Asthma
13.2.2.COPD
13.2.3.Cystic Fibrosis
13.2.4.Pneumonia
13.2.5.Other
13.3.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Pulse Dose Oxygen Concentrators
13.3.2.Continuous Flow Oxygen Concentrators
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Chart Industries, Inc. (U.S.)
14.2.2.Medtronic plc. (U.S)
14.2.3.DeVilbiss Healthcare LLC (U.S)
14.2.4.GCE Group (Sweden)
14.2.5.Inogen (U.S)
14.2.6.Invacare Corporation (U.S)
14.2.7.Koninklijke Philips N.V. (Netherlands)
14.2.8.Linde Healthcare (Germany)
14.2.9.Nidek Medical Products, Inc. (U.S)
14.2.10.O2 Concepts, LLC (U.S)
14.2.11.Oxus America (U.S)
14.2.12.Oxygen to Go, LLC (U.S)
14.2.13.Teijin Limited (Japan)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Chart Industries, Inc. (U.S.)
  • Medtronic plc. (U.S)
  • DeVilbiss Healthcare LLC (U.S)
  • GCE Group (Sweden)
  • Inogen (U.S)
  • Invacare Corporation (U.S)
  • Koninklijke Philips N.V. (Netherlands)
  • Linde Healthcare (Germany)
  • Nidek Medical Products, Inc. (U.S)
  • O2 Concepts, LLC (U.S)
  • Oxus America (U.S)
  • Oxygen to Go, LLC (U.S)
  • Teijin Limited (Japan)

Adjacent Markets