Homecare Oxygen Concentrators Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Besco Medical Ltd., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc

Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Homecare Oxygen Concentrators Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.2% during the review period (2022 to 2027).

Homecare Oxygen Concentrators Market Overview

Homecare oxygen concentrators market is anticipated to record a significant growth rate over the coming years owing to the rising awareness about these devices among individuals. Numerous technological advancements have led to the development of lightweight, small, compact, along with top-performance and perfect compliance. The older concentrators were heavy in weight, bulky, which would make it difficult for a patient to get the oxygen needed while travelling or using it outside. The modern oxygen concentrators can be easily carried or transported anywhere. Rising adoption of unhealthy lifestyle such as excessive smoking has surged the number of COPD patients worldwide. In 2016, according to the WHO, 251 million patients suffered from COPD worldwide.Furthermore, an estimated 3 million deaths global due to COPD in 2015. Thus, with growing incidence of chronic obstructive pulmonary disorder (COPD) coupled with increasing concern of better disease management, homecare oxygen concentrators market will foresee robust growth during the forecast period 2022-2027.

The benefits offered by the technology will improve its demand on the global homecare oxygen concentrators market, such as high mobility, enhanced technologies, improved comfort and increased efficiency. Due to rapid technological and product developments, the continuous flow technology segment led the general market sales growth in previous year. With continued innovations, including the development of a pressurized swing adsorption technology suited for astronauts to meet the demands of spacecraft oxygen, NSBRI Smart Medical Systems and Technology will contribute to advance development. The rising segment is also driven by the growing prevalence of chronic problems in respiration and the ongoing use of respiratory equipment to treat oxygen.

Industry Developments:

ResMed Announces Its Premier Portable Oxygen Concentrator, Mobi

01/08/2018: ResMed (NYSE: RMD, ASX: RMD) introduced Mobi, its first ResMed-branded portable oxygen concentrator (POC).Mobi offers an industry-leading balance of oxygen delivery, weight and battery life so that millions with chronic obstructive pulmonary disease (COPD) or other respiratory condition can enjoy ResMed-quality oxygen therapy at home or on the go.

Who are the Major Players in Homecare Oxygen Concentrators Market?

The Homecare Oxygen Concentrators Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Besco Medical Ltd., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Koninklijke Philips NV, Nidek Medical Products Inc., Precision Medical Inc., ResMed Inc., and Teijin Ltd and others.

What are the major Applications, Types and Regions for Homecare Oxygen Concentrators Market?

Homecare Oxygen Concentrators Market is segmented based on the Product, End use, companies and regions.

By Product

• Portable Home Oxygen Concentrators


• Stationary Oxygen Concentrators


• Portable Oxygen Concentrators


• Compressed Gas Oxygen Cylinders


• Liquid Oxygen

By End-Use

• Home Care


• Non-homecare: Hospitals & ICU


• Research centres for COPD patients


• Others

Homecare Oxygen Concentrators Market Regional Analysis

North America homecare oxygen concentrators market captured nearly 41% business share in previous year and is controlled to grow extremely over the analysis timeframe. The significant growth is principally attributable to the high prevalence rate of COPD and other respiratory diseases in the region. For instance, as per the American Lung Association, in 2018, around 16.4 million people were reported with one of the types of COPD. Moreover, smoking, amplified tobacco consumption, and environmental changes are contributing to the rising incidence of respiratory diseases. The presence of leading market players offering advanced products to cater growing burden will propel the regional market expansion.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Homecare Oxygen Concentrators Market report scope?

Key Takeaways from this Homecare Oxygen Concentrators Report

• Evaluate Homecare Oxygen Concentrators market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Homecare Oxygen Concentrators market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Homecare Oxygen Concentrators market.

Frequently Asked Questions

What is the study period of this market?

The Homecare Oxygen Concentrators Market is studied from 2017 - 2027.

What is the growth rate of Homecare Oxygen Concentrators Market?

The Homecare Oxygen Concentrators Market is growing at a CAGR of 7.2% over the next 5 years.

Who are the leading key players in Homecare Oxygen Concentrators Market?

Besco Medical Ltd., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Koninklijke Philips NV, Nidek Medical Products Inc., Precision Medical Inc., ResMed Inc., and Teijin Ltd

What regions regions does this Homecare Oxygen Concentrators Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant Product of Homecare Oxygen Concentrators Market?

Portable Home Oxygen Concentrators, Stationary Oxygen Concentrators, Portable Oxygen Concentrators, Compressed Gas Oxygen Cylinders, Liquid Oxygen

What are the significant End users of Homecare Oxygen Concentrators Market?

Home Care, Non-homecare: Hospitals & ICU, Research centres for COPD patients, Others

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