Homecare Oxygen Concentrator Market Report: Trends, Forecast and Competitive Analysis to 2030

Homecare Oxygen Concentrator Trends and Forecast

The future of the global homecare oxygen concentrator market looks promising with opportunities in the home care, non-homecare, research centres for COPD patients markets. The global homecare oxygen concentrator market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing prevalence of chronic respiratory diseases and growing awareness of the benefits of homecare oxygen therapy.

A more than 150-page report is developed to help in your business decisions.

Homecare Oxygen Concentrator by Segment

The study includes a forecast for the global homecare oxygen concentrator by product, application, end use, and region.

Homecare Oxygen Concentrator Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Portable
• Stationary

Homecare Oxygen Concentrator Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Direct Marketing
• Distribution Marketing
• Rental Marketing
• Others

Homecare Oxygen Concentrator Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Home Care
• Non-Homecare
• Research Centres for COPD Patients
• Others

Homecare Oxygen Concentrator Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Homecare Oxygen Concentrator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies homecare oxygen concentrator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the homecare oxygen concentrator companies profiled in this report include-

• Precision Medical
• Covidien
• Philips Healthcare
• Inogen
• Air Water
• Besco Medical
• Invacare

Homecare Oxygen Concentrator Market Insights

Lucintel forecasts that portable is expected to witness the higher growth over the forecast period due to its increasing usage among air travelers and homecare.

Within this market, home care is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to growing number of elderly population and existence of major players in this region.

Features of the Global Homecare Oxygen Concentrator Market

Market Size Estimates: Homecare oxygen concentrator market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Homecare oxygen concentrator market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Homecare oxygen concentrator market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the homecare oxygen concentrator market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the homecare oxygen concentrator market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the homecare oxygen concentrator market size?

Answer: The global homecare oxygen concentrator market is expected to reach an estimated $2.0 billion by 2030.

Q2. What is the growth forecast for homecare oxygen concentrator market?

Answer: The global homecare oxygen concentrator market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the homecare oxygen concentrator market?

Answer: The major drivers for this market are increasing prevalence of chronic respiratory diseases and growing awareness of the benefits of homecare oxygen therapy.

Q4. What are the major segments for homecare oxygen concentrator market?

Answer: The future of the homecare oxygen concentrator market looks promising with opportunities in the home care, non-homecare, research centres for COPD patients markets.

Q5. Who are the key homecare oxygen concentrator market companies?

Answer: Some of the key homecare oxygen concentrator companies are as follows:

• Precision Medical
• Covidien
• Philips Healthcare
• Inogen
• Air Water
• Besco Medical
• Invacare

Q6. Which homecare oxygen concentrator market segment will be the largest in future?

Answer: Lucintel forecasts that portable is expected to witness the higher growth over the forecast period due to its increasing usage among air travelers and homecare.

Q7. In homecare oxygen concentrator market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing number of elderly population and existence of major players in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the homecare oxygen concentrator market by product (portable and stationary), application (direct marketing, distribution marketing, rental marketing, and others), end use (home care, non-homecare, research centres for COPD patients, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?