Precision Business Insights has published a report on the global medical oxygen concentrators market, estimating its value at USD 2,148.6 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The medical oxygen concentrators market refers to the industry surrounding devices that provide concentrated oxygen to patients with respiratory conditions. These devices work by filtering and compressing ambient air to deliver purified oxygen, making them essential for individuals with chronic obstructive pulmonary disease (COPD), asthma, and other respiratory disorders.

Drivers:

• Rising Prevalence of Respiratory Diseases: Increasing cases of COPD, asthma, and other lung-related illnesses drive demand for oxygen concentrators.
• Growing Geriatric Population: Older adults are more prone to respiratory issues, leading to higher adoption of oxygen therapy.

The global medical oxygen concentrators market segmentation:

1) By Product Type: Portable Oxygen Concentrators and Stationary Oxygen Concentrators
2) By Technology: Pulse Dose Oxygen Concentrators and Continuous Flow Oxygen Concentrators
3) By Application: COPD, Asthma, Cystic Fibrosis, Pneumonia, and Others
4) By End User: Hospitals, Clinics, Ambulatory Surgical Centers (ASC), Homecare, and Travel Agents

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Regional Overview:

The report also examines the current concerns and their Future Effects on the medical oxygen concentrators market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the medical oxygen concentrators market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Chart Industries, Inc. (U.S.), Medtronic plc. (U.S), DeVilbiss Healthcare LLC (U.S), GCE Group (Sweden), Inogen (U.S), Invacare Corporation (U.S), Koninklijke Philips N.V. (Netherlands), Linde Healthcare (Germany), Nidek Medical Products, Inc. (U.S), O2 Concepts, LLC (U.S), Oxus America (U.S), Oxygen to Go, LLC (U.S), Teijin Limited (Japan).

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