A medical oxygen concentrator (also called a “medical oxygen concentrator”) is a medical device used to deliver a focused flow of oxygen to a patient. Oxygen generators inhale and purify the air for use by people who need medical oxygen due to the low levels of oxygen in the blood.
The technical barriers of medical oxygen generators are not high, so there are numerous manufacturing enterprises. The larger players in the market are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang and others. Their factories are concentrated in the United States and China, accounting for a 64% production share of total production in 2015. Although China is a large producer and consumer in the market, Chinese products are cheaper because of their low quality and technology. China imports high-end products and exports low-priced products.
Medical Oxygen Concentrator market is valued at 1380 million US$ in 2017 and will reach 2980 million US$ by the end of 2027, growing at a CAGR of 10% during 2021-2027.
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Market Segments
Key Players
- Invacare
- Teijin Pharma
- Chart Industries
- Inogen
- Yuyue Medical
- Philips
- DeVilbiss Healthcare
- AVIC Jianghang
Market by Type
- Portable Medical Oxygen Concentrator
- Stationary Medical Oxygen Concentrator
- Others
Market by Application
- Home
- Hospital
- Traveling
- Others
By Region
Europe
- France
- UK
South America
- Argentina
- Brazil
Asia Pacific
- Japan
- India
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Scope of the Heart
The research study analyzes the global Medical Oxygen Concentrator Market 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
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