Medical Oxygen Concentrator Market

The global Medical Oxygen Concentrator market was valued at 127.85 Million USD in 2021 and will grow with a CAGR of 10.48% from 2021 to 2027, based on Research newly published report.

The prime objective of Medical Oxygen Concentrator Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Medical Oxygen Concentrator Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A medical oxygen concentrator (also sometimes called medical oxygen generator) is a medical device used to deliver a concentrated flow of oxygen to a patient. An oxygen concentrator takes in air and purifies it for use by people requiring medical oxygen due to low oxygen levels in their blood.The technical barriers of medical oxygen concentrator are not high, resulting in numerous manufacturing enterprises. In the market, larger players are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, and others. The plants of them are concentrated in USA and China, accounting for 64% production share of total output in 2015. China is a large producer and consumer in the market, but due to low quality and technology, the price of China products is lower, and China import high-end products and export low-end products. Oxygen concentrators provide a sustainable and cost-effective source of medical oxygen to health facilities with reliable power. An oxygen concentrator is a medical device that draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Medical oxygen concentrators are used by individuals with medical conditions who require a higher percentage oxygen concentration level than is typically present in ambient room air. Nowadays, with the increasing of home care services and nonhomecare services, demand for medical oxygen concentrator is expected to continue increasing during the remaining years of the forecast period of 2017-2022. Medical oxygen concentrator industry will usher in a stable growth space. In the past few years, the price of medical oxygen concentrator has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of medical oxygen concentrator.

By Market Vendors:

• Invacare
• Teijin Pharma
• Chart Industries
• Inogen
• Yuyue Medical
• Philips
• DeVilbiss Healthcare
• AVIC Jianghang
• GF Health Products
• Linde
• Nidek Medical
• Air Water Group
• Precision Medical
• Haiyang Zhijia
• Shenyang Canta
• O2 Concepts
• Inova Labs
• Foshan Kaiya
• Longfei Group
• Beijing North Star
• SysMed
• Beijing Shenlu
• Gaoxin Huakang

By Types:

• Portable Medical Oxygen Concentrator
• Stationary Medical Oxygen Concentrator

By Applications:

• Home
• Hospital
• Traveling

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• To understand the future outlook and prospects for the market.
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