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Global Medical Oxygen Concentrators Market

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR43517
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The medical oxygen concentrators market size will record an incremental growth of USD 1.14 bn and a CAGR of 9% during 2020-2024.

This market report entails segmentation by type (Ambulatory, Portable, and Stationary) and geography (North America, Europe, Asia, and ROW). View our sample report to gather market insights on the segmentations. 

The medical oxygen concentrators market report also analyzes the market’s competitive landscape and offers information on several market vendors, including Chart Industries Inc., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Nidek Medical Products Inc., ResMed Inc., Teijin Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd..

What will the Medical Oxygen Concentrators Market Size be in 2020?

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Overview of Competitive Analysis

The medical oxygen concentrators market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this medical oxygen concentrators market analysis report. Factors such as the rising number of new product launches will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Medical Oxygen Concentrators Market?

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The report offers an up-to-date analysis of the geographical composition of the market. Asia had the largest market share in the medical oxygen concentrators market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The technological advances will significantly influence medical oxygen concentrators market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

34% of the market’s growth will originate from Asia during the forecast period. US | Germany | France | China | UK | Japan are the key markets for medical oxygen concentrators market in the region. This report provides estimations of the contribution of all regions to the growth of the medical oxygen concentrators market size.

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What are the Key Factors Covered in this Medical Oxygen Concentrators Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive medical oxygen concentrators market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical oxygen concentrators market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical oxygen concentrators market vendors

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Medical Oxygen Concentrators Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Decelerate at a CAGR of 9%

Market growth 2020-2024

USD 1.14 billion

Market structure

Fragmented

YoY growth (%)

45.97

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Asia at 34%

Key consumer countries

US, Germany, France, China, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Chart Industries Inc., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Nidek Medical Products Inc., ResMed Inc., Teijin Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Ambulatory and portable - Market size and forecast 2019-2024
    • Stationary - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • Asia - Market size and forecast 2019-2024
      • ROW - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Volume driver – Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Chart Industries Inc.
      • Drive DeVilbiss Healthcare Ltd.
      • GCE Holding AB
      • Inogen Inc.
      • Invacare Corp.
      • Koninklijke Philips NV
      • Nidek Medical Products Inc.
      • ResMed Inc.
      • Teijin Ltd.
      • Zhengzhou Olive Electronic Technology Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The medical oxygen concentrators market growth will increase by $1.14 billion during 2019-2024.
      The medical oxygen concentrators market is expected to grow at a CAGR of 9.02% during 2019-2024.
      Technavio has segmented the medical oxygen concentrators market by type (Ambulatory and portable and Stationary) and geographic (North America, Europe, Asia, and ROW).
      Chart Industries Inc., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Nidek Medical Products Inc., ResMed Inc., Teijin Ltd., Zhengzhou Olive Electronic Technology Co. Ltd. are a few of the key vendors in the medical oxygen concentrators market.
      Asia will register the highest growth rate of 34.21% among the other regions. Therefore, the medical oxygen concentrators market in Asia is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the medical oxygen concentrators market growth are:
      • Rising number of new product launches
      • Technological advances
      The medical oxygen concentrators market vendors should focus on grabbing business opportunities from the ambulatory and portable segment as it accounted for the largest market share in the base year.
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