Oxygen Concentrators Market Size, Share, Opportunities, And Trends By Type (Portable, Fixed), By Technology (Pulse Flow Technology, Continuous Flow Technology), By End-User Industry (Hospitals, Ambulatory Care Centers, Home Care), And By Geography - Forecasts From 2025 To 2030

Oxygen Concentrators Market Size:

The global oxygen concentrators market is expected to grow from US$3.234 billion in 2025 to US$4.122 billion in 2030, at a CAGR of 4.97%.

Patients suffering from lung problems or lung diseases use oxygen concentrators to ensure a smoother flow of oxygen in the body. Aged people having aged-linked problems also use oxygen concentrators. Further, oxygen concentrators are used in hospitals during and after surgery when the patient’s body becomes weak and is unable to breathe in enough air. The prime reason which is driving the market growth during the forecasted period is predicted to be increasing cases of lung problems and lung diseases that will require the patient to take external help. Technological enhancement in the industry is predicted to open new market opportunities, hence driving significant growth.

Oxygen Concentrators Market Growth Drivers:

• Rising cases of lung problems and disease require the patient to take external help to breathe and hence increase the adoption of oxygen concentrators.

One of the prime reasons driving the market growth of oxygen concentrators is increasing instances of lung problems and diseases, which require the patient to take external/ artificial help. A report by World Health Organization (WHO) states that lung cancer is the leading cause of lung-linked deaths and takes away the lives of more than 1.8 million people, worldwide, annually. Data from the American Cancer Society shows that fresh cases of lung cancer in the region are increasing at a significant rate with over 2.21 million new cases of lung cancer discovered in 2020. These cases further increased to over 2.35 million in 2021. Rising pollution coupled with increasing smoking and tobacco consumption has increased the chances of lung diseases, especially lung cancer. It is anticipated that the rise in disease cases will surge the demand for oxygen concentrators during the forecasted period. 

• Portable oxygen concentrators will grow at the fastest rate during the forecasted period.

The global oxygen concentrator market is divided, based on type, into portable and fixed concentrators. during the forecasted period, portable concentrators are projected to increase at the fastest rate to attain a large share of the market. Portable oxygen concentrators are enhanced and compact, low-weight, easy-to-carry, oxygen-producing equipment which is gaining preference among patients suffering from lung problems. Owing to their compact size and low weight, portable oxygen concentrators are convenient to carry and give the user independence to move around, by carrying these concentrators in a backpack or through a trolley. Its compact structure requires less space, making it transportable. Further, portable concentrators have the capability to generate oxygen equal to fixed concentrators, hence not sacrificing the quality.

• The growing proportion of the aging population in the overall population demography is expected to increase the market demand for oxygen concentrators.

Another key factor that is anticipated to provide robust demand in the oxygen concentrator market is the growing proportion of the aged population in the overall demography. The World Bank Database shows that the aged population, preciously, people aged 65 and above, has increased from 523.579 million in 2010 to 722.133 million in 2020, accounting for around 9% of total demography. However, the United Nations predicts that this proportion will increase to 15% to around 1.5 billion people by 2050. It is expected that the increased aged population will surge the demand for oxygen concentrators and hence the market has a promising growth prospect.

• Fixed concentrators are widely used in hospitals and ambulatory care centers; however, portable oxygen concentrators are calculated to dominate homecare settings.

The global oxygen concentrator market is segmented, based on the end-user industry, into hospitals, ambulatory care centers, and home care settings. Fixed oxygen concentrators are widely used in hospitals and ambulatory care centers. In a hospital, fixed oxygen concentrators are placed alongside the bed of the patient, and are also used at the time of and after surgeries.

However, in a home care setting, portable oxygen concentrators are preferred since they provide patient mobility. Furthermore, the rising medical prices for a patient coupled with the innovation in the industry and the launch of portable concentrators have enabled patients to cut short unnecessary hospital costs of beds and other accessories, by adopting a homecare setting with the help of portable concentrators.

Oxygen Concentrators Market Scope:

Report Metric	Details
Oxygen Concentrators Market Size in 2025	US$3.234 billion
Oxygen Concentrators Market Size in 2030	US$4.122 billion
Growth Rate	CAGR of 4.97%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Technology End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Oxygen Concentrators Market	Precision Medical Inc. Care Inc. Nidek Medical Products Inc. Philips Healthcare Drive DeVilbiss international
Customization Scope	Free report customization with purchase

 

The oxygen concentrators market is analyzed into the following segments:

• By Type
  • Portable
  • Fixed
• By Technology
  • Pulse Flow Technology
  • Continuous Flow Technology
• By End-User
  • Hospitals
  • Ambulatory Care Centers
  • Home Care
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Taiwan
    • Indonesia
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. COVID-19 Impact

1.3. Market Definition

1.4. Scope of the Study

1.5. Currency

1.6. Market Segmentation

1.7. Assumptions

1.8. Base, and Forecast Years Timeline

 

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

2.2. Validation

 

3. KEY FINDINGS

 

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Powers of Buyers

4.3.3. Threat of Substitutes

4.3.4. The threat of New Entrants

4.3.5. Competitive Rivalry in Industry

4.4. Industry Value Chain Analysis

 

5. GLOBAL OXYGEN CONCENTRATORS MARKET, BY TYPE

5.1. Introduction

5.2. Portable

5.3. Fixed

 

6. GLOBAL OXYGEN CONCENTRATORS MARKET, BY TECHNOLOGY

6.1. Introduction

6.2. Pulse Flow Technology

6.3. Continuous Flow Technology

 

7. GLOBAL OXYGEN CONCENTRATORS MARKET, BY END-USER

7.1. Introduction

7.2. Hospitals

7.3. Ambulatory Care Centers

7.4. Home Care

 

8. GLOBAL OXYGEN CONCENTRATORS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom 

8.4.4. Spain 

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. India

8.6.3. South Korea

8.6.4. Taiwan

8.6.5. Thailand

8.6.6. Indonesia 

8.6.7. Japan

8.6.8. Others

 

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrative

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. COMPANY PROFILES

10.1. Precision Medical Inc.

10.2. Care Inc.

10.3. Nidek Medical Products Inc.

10.4. Philips Healthcare

10.5. Drive DeVilbiss international

10.6. Invacare Corporation

10.7. Chart industries

10.8. Inogen Inc.

10.9. Summit Oxygen international

10.10. Oxygen Plus Inc.

10.11. ABC Healthcare

10.12. O2 Concepts LLC

10.13. Teijin Limited

10.14. Supera Anesthesia Innovations

10.15. Silverline Meditech

Precision Medical Inc.

Care Inc.

Nidek Medical Products Inc.

Philips Healthcare

Drive DeVilbiss international

Invacare Corporation

Chart industries

Inogen Inc.

Summit Oxygen international

Oxygen Plus Inc.

ABC Healthcare

O2 Concepts LLC

Teijin Limited

Supera Anesthesia Innovations

Silverline Meditech