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1. What is the projected Compound Annual Growth Rate (CAGR) of the Homecare Oxygen Concentrators Market?
The projected CAGR is approximately 6%.
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Homecare Oxygen Concentrators Market Decade Long Trends, Analysis and Forecast 2025-2033
Homecare Oxygen Concentrators Market by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. (The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress., Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.), by Product, 2018-2032 (USD Million) (Portable oxygen concentrators, Fixed oxygen concentrators), by Technology, 2018-2032 (USD Million) (Continuous flow, Pulse flow), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific), by Latin America (Brazil, Rest of Latin America), by Middle East & Africa (South Africa, Rest of Middle East & Africa) Forecast 2025-2033
Homecare Oxygen Concentrators Market Decade Long Trends, Analysis and Forecast 2025-2033
Key Insights
The homecare oxygen concentrator market, valued at $1.7 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by the escalating prevalence of chronic respiratory diseases like COPD and asthma, particularly in developed nations. Aging populations, increasing rates of smoking, and heightened environmental pollution contribute significantly to this rise in respiratory illnesses, thereby increasing the demand for effective home oxygen therapy. The market is further bolstered by the rising Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S., indicating a growing acceptance and accessibility of these devices. This trend signifies a shift toward convenient and portable home oxygen solutions, which is likely to fuel future market growth across various regions. The market segmentation includes portable and fixed oxygen concentrators, along with continuous and pulse flow technologies. Competitive landscape involves both established players like ResMed and Philips, and smaller niche players focusing on specific technologies or regions. This competitive dynamic ensures a steady stream of innovations in technology and product design, which cater to the evolving needs of patients and healthcare providers.
The market's growth trajectory is expected to remain consistent throughout the forecast period, with portable oxygen concentrators maintaining a significant market share due to their convenience and mobility. Technological advancements, focusing on smaller, quieter, and more efficient devices, will further contribute to market expansion. Geographic distribution is likely skewed towards North America and Europe, given their higher prevalence of chronic respiratory diseases and higher healthcare spending. However, Asia-Pacific is poised for significant growth due to rising healthcare awareness, increased disposable income, and a growing elderly population. While regulatory hurdles and high initial costs could present minor restraints, the overwhelming need for effective respiratory support will continue to propel market growth. The market is likely to see further consolidation as larger players acquire smaller companies with specialized technologies or strong regional presence.
Homecare Oxygen Concentrators Market Concentration & Characteristics
The homecare oxygen concentrator market is moderately concentrated, with several major players holding significant market share, but a considerable number of smaller companies also participating. The market is characterized by ongoing innovation, driven by the need for smaller, lighter, quieter, and more efficient devices. Technological advancements focus on improving battery life for portable units, enhancing oxygen delivery precision, and incorporating features for remote monitoring and patient data management.
- Concentration Areas: North America and Europe currently dominate the market due to higher prevalence of respiratory diseases and greater healthcare expenditure. However, growth is anticipated in the Asia-Pacific region driven by rising incomes and improved healthcare infrastructure.
- Characteristics of Innovation: The industry exhibits continuous innovation in areas such as miniaturization, improved energy efficiency, and integration of smart features. Recent developments include advancements in pulse-dose technology, improved alarm systems, and the introduction of connected devices for remote patient monitoring.
- Impact of Regulations: Stringent regulatory approvals (e.g., FDA in the US, CE marking in Europe) impact market entry and product development. Compliance requirements significantly influence manufacturing processes and product design.
- Product Substitutes: While oxygen concentrators are the primary treatment for supplemental oxygen, alternative options exist, including oxygen cylinders and liquid oxygen systems. However, the convenience and cost-effectiveness of oxygen concentrators are key differentiators.
- End User Concentration: The primary end users are patients with chronic respiratory diseases, such as COPD and asthma. Home healthcare agencies, hospitals, and respiratory clinics also represent a significant portion of the market.
- Level of M&A: The market has witnessed a moderate level of mergers and acquisitions (M&A) activity in recent years, reflecting consolidation and the pursuit of expanded product portfolios and technological capabilities.
Homecare Oxygen Concentrators Market Trends
The homecare oxygen concentrator market is experiencing robust growth, fueled by several key trends. The aging global population, coupled with increasing prevalence of chronic respiratory illnesses like COPD and asthma, is driving significant demand. Improved healthcare access and rising disposable incomes in developing economies are also contributing to market expansion. Furthermore, technological advancements are enhancing product features and capabilities, leading to improved patient comfort and compliance. The shift towards home-based healthcare and a preference for portable devices is another significant trend impacting the market.
The increasing prevalence of chronic respiratory diseases, especially in developed countries, is a primary driver. Sedentary lifestyles, smoking habits, and environmental pollution all contribute to this rising prevalence. The high mortality rate associated with COPD, particularly among individuals under 70, underscores the critical need for oxygen therapy. The increasing adoption of portable oxygen concentrators (POCs) is noteworthy. The steady rise in Medicare penetration for POCs in the U.S., reaching 22.0% in 2021 compared to 17% for stationary units, illustrates the growing preference for mobility and convenience. This trend is expected to continue, further boosting the demand for homecare oxygen concentrators.
Technological advancements are also shaping the market. Manufacturers are constantly innovating to develop smaller, lighter, quieter, and more energy-efficient devices. The integration of smart features like remote monitoring capabilities is enhancing patient care and providing valuable data for healthcare professionals. Moreover, the increasing emphasis on patient convenience is driving the adoption of pulse-flow technology, which offers improved portability and battery life compared to continuous-flow systems. The focus on ease of use and improved patient experience is paramount in the ongoing development of homecare oxygen concentrators.
The market is also seeing increased competition, leading to price reductions and improved product availability. This, coupled with rising healthcare awareness and better insurance coverage in some regions, enhances market accessibility and fosters growth. The industry’s focus on developing devices that integrate seamlessly into patients' lives and provide greater autonomy contributes to higher acceptance and utilization rates. The increasing investment in research and development further supports the ongoing innovation and growth trajectory within the homecare oxygen concentrator market.
Key Region or Country & Segment to Dominate the Market
North America currently dominates the homecare oxygen concentrator market, primarily due to higher prevalence of chronic respiratory diseases, established healthcare infrastructure, and significant government funding for healthcare. The U.S. specifically represents a substantial portion of this market share.
The Portable Oxygen Concentrator (POC) segment shows strong growth potential. Patient preference for mobility and convenience, combined with continuous technological advancements improving battery life and size, fuels this trend. The increasing adoption rate among Medicare beneficiaries highlights the market's dynamism.
Europe also holds a considerable market share, driven by similar factors to North America: high prevalence of respiratory diseases, and robust healthcare systems. The demand for POCs is also rising in this region.
The dominance of North America and the POC segment is projected to continue in the foreseeable future. However, the Asia-Pacific region is expected to exhibit high growth rates owing to a rapidly aging population and increasing awareness of respiratory health issues. While the fixed concentrator segment maintains its relevance for patients with high oxygen flow requirements, the ongoing innovation and improvement of POC technology will continue to bolster this segment's growth and market share.
Homecare Oxygen Concentrators Market Product Insights Report Coverage & Deliverables
This report provides detailed insights into the homecare oxygen concentrator market, covering product segments (portable and fixed), technology types (continuous flow and pulse flow), and regional breakdowns. It analyzes market size, growth rates, leading players, competitive landscape, and future trends. Key deliverables include market sizing and forecasting, competitive benchmarking, analysis of technological advancements, and identification of emerging market opportunities.
Homecare Oxygen Concentrators Market Analysis
The global homecare oxygen concentrator market is estimated to be valued at $X billion in 2023 and is projected to reach $Y billion by 2032, exhibiting a compound annual growth rate (CAGR) of Z%. (Note: X, Y, and Z represent values derived from industry data and market research; specific figures are omitted as requested). Market size is determined by considering sales volume and average selling prices of various product types across different regions.
Market share is currently distributed among several key players, with no single company dominating. However, companies like Philips, ResMed, and other established medical device manufacturers hold significant market shares due to their brand recognition, established distribution networks, and extensive product portfolios. The competitive landscape is dynamic, marked by both established players and emerging companies introducing innovative products and technologies.
Market growth is primarily driven by the increasing prevalence of chronic respiratory diseases, an aging global population, and advancements in technology resulting in more efficient and user-friendly devices. The growth is unevenly distributed across different regions, with North America and Europe presently showing higher growth rates than other regions. However, developing economies are experiencing increasing demand, providing future growth opportunities.
Homecare Oxygen Concentrators Market Regional Insights
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Each region exhibits unique market dynamics influenced by factors such as healthcare infrastructure, prevalence of respiratory diseases, regulatory landscape, and economic conditions. North America and Europe currently represent the largest markets, while Asia Pacific demonstrates significant growth potential.
Driving Forces: What's Propelling the Homecare Oxygen Concentrators Market
The market is driven by several key factors:
- Rising prevalence of chronic respiratory diseases (COPD, asthma).
- Aging global population.
- Technological advancements leading to smaller, quieter, and more efficient devices.
- Increasing demand for home-based healthcare.
- Growing adoption of portable oxygen concentrators.
- Improved reimbursement policies and insurance coverage in some regions.
Challenges and Restraints in Homecare Oxygen Concentrators Market
Challenges include:
- High initial cost of devices.
- Maintenance and repair expenses.
- Dependence on electricity supply (for some models).
- Potential for product recalls due to safety concerns.
- Stringent regulatory requirements.
Emerging Trends in Homecare Oxygen Concentrators Market
- Increased integration of smart features and remote monitoring capabilities.
- Development of smaller and lighter portable devices with longer battery life.
- Growing focus on patient comfort and user experience.
- Rise in demand for telehealth services integrated with oxygen concentrators.
- Emergence of innovative oxygen delivery methods.
Homecare Oxygen Concentrators Industry News
- July 2022: OMRON Healthcare launched a new portable oxygen concentrator.
- May 2021: OxyGo LLC acquired LIFE Corporation.
Leading Players in the Homecare Oxygen Concentrators Market
- Precision Medical, Inc
- Besco Medical Co
- Air Water Inc
- Yuwell (iangsu Yuyue Medical Equipment and Supply Co., Ltd.)
- Longfian Scitech Co
- BOC Healthcare (The Linde Group)
- Chart Industries
- Drive DeVibiss Healthcare Inc
- Innogen Inc
- Inova Labs Inc. (ResMed)
- NIDEK Medical Products, Inc.
- O2 Concepts
- Koninklijke Philips N.V.
Homecare Oxygen Concentrators Market Segmentation
-
1. The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
-
2. Product, 2018-2032 (USD Million)
- 2.1. Portable oxygen concentrators
- 2.2. Fixed oxygen concentrators
-
3. Technology, 2018-2032 (USD Million)
- 3.1. Continuous flow
- 3.2. Pulse flow
Homecare Oxygen Concentrators Market Segmentation By Geography
-
1. North America
- 1.1. U.S.
- 1.2. Canada
-
2. Europe
- 2.1. Germany
- 2.2. UK
- 2.3. France
- 2.4. Italy
- 2.5. Spain
- 2.6. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. Japan
- 3.3. India
- 3.4. Australia
- 3.5. Rest of Asia Pacific
-
4. Latin America
- 4.1. Brazil
- 4.2. Rest of Latin America
-
5. Middle East & Africa
- 5.1. South Africa
- 5.2. Rest of Middle East & Africa
Homecare Oxygen Concentrators Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 6% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Increasing government initiatives in developed and developing countries
- 3.2.2 Rising prevalence rate of COPD
- 3.2.3 Increasing healthcare spending in the Asia Pacific
- 3.2.4 Exposure to dust particles and increasing number of cigarette smokers in developing as well as underdeveloped regions
- 3.3. Market Restrains
- 3.3.1. Stringent regulatory scenario
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 5.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 5.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 5.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 5.2.1. Portable oxygen concentrators
- 5.2.2. Fixed oxygen concentrators
- 5.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 5.3.1. Continuous flow
- 5.3.2. Pulse flow
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 5.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 6. North America Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 6.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 6.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 6.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 6.2.1. Portable oxygen concentrators
- 6.2.2. Fixed oxygen concentrators
- 6.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 6.3.1. Continuous flow
- 6.3.2. Pulse flow
- 6.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 7. Europe Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 7.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 7.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 7.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 7.2.1. Portable oxygen concentrators
- 7.2.2. Fixed oxygen concentrators
- 7.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 7.3.1. Continuous flow
- 7.3.2. Pulse flow
- 7.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 8. Asia Pacific Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 8.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 8.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 8.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 8.2.1. Portable oxygen concentrators
- 8.2.2. Fixed oxygen concentrators
- 8.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 8.3.1. Continuous flow
- 8.3.2. Pulse flow
- 8.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 9. Latin America Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 9.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 9.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 9.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 9.2.1. Portable oxygen concentrators
- 9.2.2. Fixed oxygen concentrators
- 9.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 9.3.1. Continuous flow
- 9.3.2. Pulse flow
- 9.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 10. Middle East & Africa Homecare Oxygen Concentrators Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 10.1.1. The chronic obstructive pulmonary disease (COPD) and asthma are among the leading respiratory diseases across the world, thereby resulting in increasing respiratory disease testing. For instance, as per WHO, about 90% of deaths related to COPD occur in individuals under 70 years of age. Thus, increasing need for additional oxygen supply in COPD treatment will augment the market progress.
- 10.1.2. Further, based on statistics, the Medicare penetration rate for portable oxygen concentrators (POCs) in the U.S. has been rising steadily. For instance, in 2021, the POC penetration was 22.0% while that of stationary was 17%. This will positively impact the demand for homecare oxygen concentrators in the future.
- 10.2. Market Analysis, Insights and Forecast - by Product, 2018-2032 (USD Million)
- 10.2.1. Portable oxygen concentrators
- 10.2.2. Fixed oxygen concentrators
- 10.3. Market Analysis, Insights and Forecast - by Technology, 2018-2032 (USD Million)
- 10.3.1. Continuous flow
- 10.3.2. Pulse flow
- 10.1. Market Analysis, Insights and Forecast - by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others.
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Precision Medical Inc
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Besco Medical Co
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Air Water Inc
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Yuwell (iangsu Yuyue Medical Equipment and Supply Co. Ltd.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Longfian Scitech Co
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 BOC Healthcare (The Linde Group)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Chart Industries
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Drive DeVibiss Healthcare Inc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Innogen Inc
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Inova Labs Inc. (ResMed)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 NIDEK Medical Products Inc.
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 O2 Concepts
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Koninklijke Philips N.V.
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 Precision Medical Inc
List of Figures
- Figure 1: Global Homecare Oxygen Concentrators Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
- Figure 2: North America Homecare Oxygen Concentrators Market Revenue (Billion), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 3: North America Homecare Oxygen Concentrators Market Revenue Share (%), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 4: North America Homecare Oxygen Concentrators Market Revenue (Billion), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 5: North America Homecare Oxygen Concentrators Market Revenue Share (%), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 6: North America Homecare Oxygen Concentrators Market Revenue (Billion), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 7: North America Homecare Oxygen Concentrators Market Revenue Share (%), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 8: North America Homecare Oxygen Concentrators Market Revenue (Billion), by Country 2024 & 2032
- Figure 9: North America Homecare Oxygen Concentrators Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: Europe Homecare Oxygen Concentrators Market Revenue (Billion), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 11: Europe Homecare Oxygen Concentrators Market Revenue Share (%), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 12: Europe Homecare Oxygen Concentrators Market Revenue (Billion), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 13: Europe Homecare Oxygen Concentrators Market Revenue Share (%), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 14: Europe Homecare Oxygen Concentrators Market Revenue (Billion), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 15: Europe Homecare Oxygen Concentrators Market Revenue Share (%), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 16: Europe Homecare Oxygen Concentrators Market Revenue (Billion), by Country 2024 & 2032
- Figure 17: Europe Homecare Oxygen Concentrators Market Revenue Share (%), by Country 2024 & 2032
- Figure 18: Asia Pacific Homecare Oxygen Concentrators Market Revenue (Billion), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 19: Asia Pacific Homecare Oxygen Concentrators Market Revenue Share (%), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 20: Asia Pacific Homecare Oxygen Concentrators Market Revenue (Billion), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 21: Asia Pacific Homecare Oxygen Concentrators Market Revenue Share (%), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 22: Asia Pacific Homecare Oxygen Concentrators Market Revenue (Billion), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 23: Asia Pacific Homecare Oxygen Concentrators Market Revenue Share (%), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 24: Asia Pacific Homecare Oxygen Concentrators Market Revenue (Billion), by Country 2024 & 2032
- Figure 25: Asia Pacific Homecare Oxygen Concentrators Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Latin America Homecare Oxygen Concentrators Market Revenue (Billion), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 27: Latin America Homecare Oxygen Concentrators Market Revenue Share (%), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 28: Latin America Homecare Oxygen Concentrators Market Revenue (Billion), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 29: Latin America Homecare Oxygen Concentrators Market Revenue Share (%), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 30: Latin America Homecare Oxygen Concentrators Market Revenue (Billion), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 31: Latin America Homecare Oxygen Concentrators Market Revenue Share (%), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 32: Latin America Homecare Oxygen Concentrators Market Revenue (Billion), by Country 2024 & 2032
- Figure 33: Latin America Homecare Oxygen Concentrators Market Revenue Share (%), by Country 2024 & 2032
- Figure 34: Middle East & Africa Homecare Oxygen Concentrators Market Revenue (Billion), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 35: Middle East & Africa Homecare Oxygen Concentrators Market Revenue Share (%), by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2024 & 2032
- Figure 36: Middle East & Africa Homecare Oxygen Concentrators Market Revenue (Billion), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 37: Middle East & Africa Homecare Oxygen Concentrators Market Revenue Share (%), by Product, 2018-2032 (USD Million) 2024 & 2032
- Figure 38: Middle East & Africa Homecare Oxygen Concentrators Market Revenue (Billion), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 39: Middle East & Africa Homecare Oxygen Concentrators Market Revenue Share (%), by Technology, 2018-2032 (USD Million) 2024 & 2032
- Figure 40: Middle East & Africa Homecare Oxygen Concentrators Market Revenue (Billion), by Country 2024 & 2032
- Figure 41: Middle East & Africa Homecare Oxygen Concentrators Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 2: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 3: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 4: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 5: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 6: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 7: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 8: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 9: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 10: U.S. Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 11: Canada Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 12: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 13: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 14: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 15: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 16: Germany Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 17: UK Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 18: France Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 19: Italy Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 20: Spain Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 21: Rest of Europe Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 22: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 23: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 24: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 25: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 26: China Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 27: Japan Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 28: India Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 29: Australia Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 30: Rest of Asia Pacific Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 31: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 32: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 33: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 34: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 35: Brazil Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 36: Rest of Latin America Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 37: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others. 2019 & 2032
- Table 38: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Product, 2018-2032 (USD Million) 2019 & 2032
- Table 39: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Technology, 2018-2032 (USD Million) 2019 & 2032
- Table 40: Global Homecare Oxygen Concentrators Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 41: South Africa Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 42: Rest of Middle East & Africa Homecare Oxygen Concentrators Market Revenue (Billion) Forecast, by Application 2019 & 2032
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
Frequently Asked Questions
2. Which companies are prominent players in the Homecare Oxygen Concentrators Market?
Key companies in the market include Precision Medical, Inc, Besco Medical Co, Air Water Inc, Yuwell (iangsu Yuyue Medical Equipment and Supply Co., Ltd.), Longfian Scitech Co, BOC Healthcare (The Linde Group), Chart Industries, Drive DeVibiss Healthcare Inc, Innogen Inc, Inova Labs Inc. (ResMed), NIDEK Medical Products, Inc., O2 Concepts, Koninklijke Philips N.V..
3. What are the main segments of the Homecare Oxygen Concentrators Market?
The market segments include The market growth is driven by the increasing prevalence of chronic respiratory diseases, especially, in developed countries which is accelerating the demand for therapeutic respiratory devices. Increasing prevalence rate is owing to several risk factors such as sedentary lifestyle, smoking habits, and environmental exposure among others., Product, 2018-2032 (USD Million), Technology, 2018-2032 (USD Million).
4. Can you provide details about the market size?
The market size is estimated to be USD 1.7 Billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing government initiatives in developed and developing countries. Rising prevalence rate of COPD. Increasing healthcare spending in the Asia Pacific. Exposure to dust particles and increasing number of cigarette smokers in developing as well as underdeveloped regions.
6. What are the notable trends driving market growth?
N/A
7. Are there any restraints impacting market growth?
Stringent regulatory scenario.
8. Can you provide examples of recent developments in the market?
In July 2022, the launch of OMRON Healthcare's portable oxygen concentrator was announced in order to meet the needs of home care providers in managing the therapeutic and lifestyle demands of people with COPD and respiratory disorders. This is an example wherein market players are dedicated to adopting cutting-edge technologies in the respiratory care sector to meet the evolving needs of healthcare professionals and patients. This has strengthened the company’s product portfolio in the market.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Homecare Oxygen Concentrators Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Homecare Oxygen Concentrators Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Homecare Oxygen Concentrators Market?
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