Global Oxygen Concentrators Market Report and Forecast 2025-2034

Oxygen Concentrators Market Overview

Oxygen concentrators are medical devices that help concentrate oxygen from a gas supply, allowing the patient to breathe up to 90-95% pure oxygen. They are designed to deliver oxygen therapy in hospital and homecare settings. It is estimated that around 1.5 million Americans rely on an oxygen concentrator for supplemental oxygen therapy. The market for oxygen concentrators is propelled by the increasing burden of respiratory conditions that necessitate the use of these devices for short-term or long-term oxygen therapy. The growing population of older adults who are more prone to developing respiratory issues is also a significant market driver. Further, the rising preference for portable oxygen concentrators is one of the major market trends that is poised to shape the market dynamics. Moreover, the increasing investment in R&D activities and the rising healthcare expenditure are some of the factors that are anticipated to aid market expansion.

Oxygen Concentrators Market Growth Drivers

Increasing Prevalence of Respiratory Diseases to Fuel the Market Growth

Recent data reveals that the prevalence of chronic obstructive pulmonary disease (COPD) is around 12% in the global population. According to the World Health Organisation (WHO), COPD ranks as the third leading cause of death, with about 90% of COPD deaths in people aged under 70 years occurring in low-and-middle-income countries. The rising prevalence of chronic obstructive pulmonary disease and other respiratory disorders such as asthma and pneumonia is a significant growth driver of the market. In addition, the increasing aging population, which is more susceptible to respiratory diseases and other chronic conditions that require the use of oxygen concentrators, is expected to fuel the market growth.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Oxygen Concentrators Market Trends

Oxygen Concentrators Market Segmentation

Oxygen Concentrators Market Share

Market Segmentation Based on Technology Type is Poised to Witness Substantial Growth

The market segmentation by technology includes continuous flow oxygen concentrators and pulse flow oxygen concentrators. Continuous flow oxygen concentrators are medical devices that provide a constant and steady flow of oxygen to the patient whereas pulse flow oxygen concentrators provide oxygen in pulses or bursts, aligning with the patient's inhalation patterns. The continuous flow oxygen concentrators segment generates significant demand in the market due to their ability to deliver a higher oxygen output compared to pulse flow models, thereby making them essential for patients needing long-term oxygen therapy. Moreover, this segment is widely used by patients with severe and chronic respiratory diseases that require a consistent flow of oxygen.

Oxygen Concentrators Market Analysis by Region

Based on regions, North America holds a significant share of the market which can be attributed to the high prevalence of respiratory diseases and the greater access to advanced medical technologies in the region. The increasing aging population in countries like the United States further propels the demand for oxygen concentrators for older adults requiring long-term oxygen therapy. Moreover, the presence of a well-established healthcare system and heightened awareness about respiratory health also support the market expansion.

Leading Players in the Oxygen Concentrators Market

Other key players in the market include Drive DeVilbiss International, GCE Group, Inogen Inc., Koninklijke Philips N.V., Longfian Scitech Co. Ltd., Narang Medical Limited, Nidek Medical Products Inc., and Timago.

Key Questions Answered in the Oxygen Concentrators Market Report

• What was the global oxygen concentrators market value in 2024?
• What is the global oxygen concentrators market forecast outlook for 2025-2034?
• What are the regional markets covered in the EMR report?
• What is market segmentation based on product type?
• What is the market breakup based on technology?
• What is the market breakup by capacity?
• Who are the major end users in the market?
• What is the market segmentation by sales channel?
• What are the major factors aiding the global oxygen concentrators market demand? 
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints? 
• Which regional market is expected to lead the market share in the forecast period? 
• Which country is expected to experience expedited growth during the forecast period? 
• How do the prevalence and incidence of respiratory diseases affect the market landscape?
• What are the major global oxygen concentrators market trends?
• How does the rise in the geriatric population impact the market size?
• Which product type will dominate the market share? 
• Which technology will experience the highest demand in the market segment?
• Which capacity of oxygen concentrators is expected to have a high market value in the coming years?
• Which end user is projected to contribute to the highest market growth?
• Which sales channel is poised to dominate the market share?
• Who are the key players involved in the oxygen concentrators market?
• What is the patent landscape of the market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?