The Oxygen Concentrators Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Oxygen Concentrators Market?
The market size of oxygen concentrators has seen significant growth recently. The market is projected to expand from $2.27 billion in 2024 to $2.39 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Oxygen Concentrators Industry?
The Oxygen Concentrators Global Market Report 2025 predicts the market size will reach $3.18 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 7.4%.
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What are the Key Growth Drivers Fueling the Oxygen Concentrators Market?
The key drivers in the oxygen concentrators market are:
• Rising elderly population globally
• Enhanced focus on home healthcare services
• Wider and improved access to healthcare facilities
• Technological advancements in oxygen concentrators
Global Market Segmentation: Identifying Major Oxygen Concentrators Industry Segments
The oxygen concentrators market covered in this report is segmented –
1) By Type: Portable, Stationary
2) By Technology: Pulse Dose, Continuous Flow
3) By Application: Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Other Applications
4) By End User: Hospitals, Home Care, Other End Users
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What are the Emerging Trends Shaping the Future of the Oxygen Concentrators Market?
The key trends in the oxygen concentrators market are:
• Trend of smart and portable Oxygen Concentrators is emerging.
• There is a surge in collaborations and acquisitions.
• Advancements in technology are playing a crucial role.
• Novel payment plans and rising patent filings are noticeable trends.
Who Are the Top Competitors & Leading Players in the Oxygen Concentrators Market?
Major companies in the oxygen concentrators market are:
• Inogen Inc
• Koninklijke Philips N.V
• Invacare Corporation
• CAIRE Inc
• O2 Concepts LLC
• Nidek Medical Products Inc.
• Precision Medical Inc
• Drive Devilbiss Healthcare Ltd
• 3B Medical Inc
• BPL
• Evox Oxygen Concentrators
• Nanjing Everich Medicare Import & Export Co. Ltd
• AngelBiss Medical Technology Co. Ltd
• Hefei DX Medical Co. Ltd
• Longfian Scitech Co. Ltd
• Air Liquide Sanita Service
• Pure O2
• Heinen + Lowenstein GmbH & Co. KG
• DeVilbiss Healthcare GmbH
• Chart Industries Inc
• White Martins
• Linde Plc
• ResMed
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the oxygen concentrators market in 2024
