Oxygen Concentrators Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The Global Oxygen Concentrators Market is estimated to be valued at US$ 1,834 million in 2021 and is expected to exhibit a CAGR of 9% during the forecast period 2022-2028.
An oxygen concentrator is a device that concentrates oxygen in a gas supply by selectively removing nitrogen to supply an oxygen-enriched product gas stream. Medical oxygen generators produce oxygen for patients, mainly in hospitals or at home. Oxygen generators are often used by health care workers for therapeutic and diagnostic purposes. For example, medical oxygen gas systems, such as oxygen generators and compressed oxygen gas cylinders, are highly utilized in home care settings and are typically chosen by elderly patients who have difficulty moving and rely on a reliable supply of oxygen.
Market Segments
By Technology
- Pulse Flow
- Continuous Flow
By Product
- Portable
- Fixed
Key Players
- Koninklijke Philips N.V.
- Invacare Corporation
- DeVilbiss Healthcare LLC
- Inogen, Inc.
- Chart Industries, Inc. (AirSep)
- Nidek Medical
- O2 Concepts
- Teijin Limited
- Supera Anesthesia Innovations
- GCE Group
Scope of the Report
The research study analyzes the global Oxygen Concentrators industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Oxygen Concentrators Market Report
1. What was the Oxygen Concentrators Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Oxygen Concentrators Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Oxygen Concentrators Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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