Homecare oxygen concentrators market size to grow by USD 1,476.28 million from 2022 to 2027: Growth driven by increasing prevalence of respiratory diseases - Technavio

NEW YORK, Jan. 20, 2023 /PRNewswire/ -- The homecare oxygen concentrators market is forecasted to grow by USD 1,476.28 million from 2022 to 2027. Moreover, the growth momentum will accelerate at a CAGR of 14.55% during the forecast period, according to Technavio. Besco Medical Ltd., BPL Medical Technologies Pvt. Ltd., Colfax Corp., Contec Medical Systems Co. Ltd., Drive DeVilbiss Healthcare, Inogen Inc., Invacare Corp., Kare Medical and Analytical Devices Ltd. Co., Koninklijke Philips NV, Longfin Scitech Co. Ltd., NGK SPARK PLUG Co. Ltd., Nidek Medical Products Inc., O2 Concepts LLC, Precision Medical Inc., ResMed Inc. are some of the major market participants. To know about the vendor offerings, request a sample report.

Homecare oxygen concentrators market 2023-2027:  Segmentation highlights

• The homecare oxygen concentrators market share growth by the portable segment will be significant. As portable homecare oxygen concentrators improve patient convenience and comfort, this segment will grow significantly during the forecast period. The portable versions enable patients to continue their daily activities independently while continuously receiving effective oxygen therapy. The size of portable oxygen concentrators is considerably smaller than that of stationary concentrators. This makes it simple for users to move across congested spaces including crowded corridors, tight doors, and busy shopping aisles. The ease of carrying them increases their demand and will benefit the market during the forecast period.
• North America will account for 37% of the market's growth during the forecast period. Due to the availability of advanced healthcare facilities and rising healthcare spending, which is supported by governmental entities like Medicaid, the demand for home care oxygen concentrators in North America is expected to rise during the projected period.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others, Buy the Report.

Homecare oxygen concentrators market 2023-2027: Scope

The homecare oxygen concentrators market report also covers the following areas:

• Porter's five forces analysis
• Customer landscape
• Market trends

Homecare oxygen concentrators market 2023-2027: Drivers & challenges

The increasing prevalence of respiratory diseases will fuel the growth of the homecare oxygen concentrators market. Shortness of breath, or dyspnea, is one of the most significant symptoms of lung disease and can be caused by smoking, pollution, and allergies. Furthermore, in situations like emphysema, lung damage is even much severe. Oxygen therapy equipment helps patients reduce severe respiratory problems by making it possible for patients to access oxygen at home without having their lifestyles disrupted. These benefits contribute to increasing sales of oxygen therapy devices like homecare oxygen concentrators, which drives the market growth.

However, the high cost of portable oxygen concentrators is the major challenge likely to hamper the homecare oxygen concentrators market growth during the forecast period. Due to their high cost, portable oxygen concentrators may not be accessible to many patients. This may lead them to choose oxygen concentrators that are rented. Renting slows down the adoption of recently introduced portable oxygen concentrators. As a result, sales of advanced products may drop, which will have an impact on the profit margins. Hence, all of these factors will decrease the demand for oxygen concentrators, consequently restraining the market's growth.

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Homecare oxygen concentrators market 2023-2027: Segmentation analysis

• Product Outlook (USD Million, 2017 - 2027) 
• Portable
• Stationary

• Technology Outlook (USD Million, 2017 - 2027)
• Continuous flow
• Pulse flow

• Region Outlook (USD Million, 2017 - 2027) 
• North America 
• The U.S.
• Canada
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• Asia 
• China
• India
• Singapore
• Rest of World (ROW) 
• Brazil
• Chile
• Rest of the Middle East & Africa

Homecare oxygen concentrators market 2023-2027: Key highlights

What are the key data covered in this homecare oxygen concentrators market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the homecare oxygen concentrators market between 2023 and 2027
• Precise estimation of the size of the homecare oxygen concentrators market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the homecare oxygen concentrators market across North America, Europe, Asia, and Rest of the World. 
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of homecare oxygen concentrators market vendors

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Table Of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global homecare oxygen concentrators market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global homecare oxygen concentrators market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Portable - Market size and forecast 2022-2027
• Exhibit 34: Chart on Portable - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Portable - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Portable - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Portable - Year-over-year growth 2022-2027 (%)

• 6.4 Stationary - Market size and forecast 2022-2027
• Exhibit 38: Chart on Stationary - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Stationary - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Stationary - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Stationary - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments 
• Exhibit 43: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Technology - Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 45: Chart on Comparison by Technology
• Exhibit 46: Data Table on Comparison by Technology

• 7.3 Continuous flow - Market size and forecast 2022-2027
• Exhibit 47: Chart on Continuous flow - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Continuous flow - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Continuous flow - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Continuous flow - Year-over-year growth 2022-2027 (%)

• 7.4 Pulse flow - Market size and forecast 2022-2027
• Exhibit 51: Chart on Pulse flow - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Pulse flow - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Pulse flow - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Pulse flow - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Technology 
• Exhibit 55: Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027
• Exhibit 69: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 73: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027
• Exhibit 77: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 89: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 97: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 98: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 99: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 100: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 101: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 102: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 103: Matrix on vendor position and classification

• 12.3 Besco Medical Ltd. 
• Exhibit 104: Besco Medical Ltd. - Overview
• Exhibit 105: Besco Medical Ltd. - Product / Service
• Exhibit 106: Besco Medical Ltd. - Key offerings

• 12.4 BPL Medical Technologies Pvt. Ltd. 
• Exhibit 107: BPL Medical Technologies Pvt. Ltd. - Overview
• Exhibit 108: BPL Medical Technologies Pvt. Ltd. - Product / Service
• Exhibit 109: BPL Medical Technologies Pvt. Ltd. - Key offerings

• 12.5 Chart Industries Inc. 
• Exhibit 110: Chart Industries Inc. - Overview
• Exhibit 111: Chart Industries Inc. - Business segments
• Exhibit 112: Chart Industries Inc. - Key news
• Exhibit 113: Chart Industries Inc. - Key offerings
• Exhibit 114: Chart Industries Inc. - Segment focus

• 12.6 Colfax Corp. 
• Exhibit 115: Colfax Corp. - Overview
• Exhibit 116: Colfax Corp. - Business segments
• Exhibit 117: Colfax Corp. - Key news
• Exhibit 118: Colfax Corp. - Key offerings
• Exhibit 119: Colfax Corp. - Segment focus

• 12.7 Contec Medical Systems Co. Ltd. 
• Exhibit 120: Contec Medical Systems Co. Ltd. - Overview
• Exhibit 121: Contec Medical Systems Co. Ltd. - Product / Service
• Exhibit 122: Contec Medical Systems Co. Ltd. - Key offerings

• 12.8 Drive DeVilbiss Healthcare 
• Exhibit 123: Drive DeVilbiss Healthcare - Overview
• Exhibit 124: Drive DeVilbiss Healthcare - Product / Service
• Exhibit 125: Drive DeVilbiss Healthcare - Key offerings

• 12.9 Inogen Inc. 
• Exhibit 126: Inogen Inc. - Overview
• Exhibit 127: Inogen Inc. - Business segments
• Exhibit 128: Inogen Inc. - Key news
• Exhibit 129: Inogen Inc. - Key offerings
• Exhibit 130: Inogen Inc. - Segment focus

• 12.10 Invacare Corp. 
• Exhibit 131: Invacare Corp. - Overview
• Exhibit 132: Invacare Corp. - Business segments
• Exhibit 133: Invacare Corp. - Key news
• Exhibit 134: Invacare Corp. - Key offerings
• Exhibit 135: Invacare Corp. - Segment focus

• 12.11 Kare Medical and Analytical Devices Ltd. Co.
• Exhibit 136: Kare Medical and Analytical Devices Ltd. Co. - Overview
• Exhibit 137: Kare Medical and Analytical Devices Ltd. Co. - Product / Service
• Exhibit 138: Kare Medical and Analytical Devices Ltd. Co. - Key offerings

• 12.12 Koninklijke Philips NV 
• Exhibit 139: Koninklijke Philips NV - Overview
• Exhibit 140: Koninklijke Philips NV - Business segments
• Exhibit 141: Koninklijke Philips NV - Key news
• Exhibit 142: Koninklijke Philips NV - Key offerings
• Exhibit 143: Koninklijke Philips NV - Segment focus

• 12.13 Nidek Medical Products Inc. 
• Exhibit 144: Nidek Medical Products Inc. - Overview
• Exhibit 145: Nidek Medical Products Inc. - Product / Service
• Exhibit 146: Nidek Medical Products Inc. - Key offerings

• 12.14 Precision Medical Inc. 
• Exhibit 147: Precision Medical Inc. - Overview
• Exhibit 148: Precision Medical Inc. - Product / Service
• Exhibit 149: Precision Medical Inc. - Key offerings

• 12.15 ResMed Inc. 
• Exhibit 150: ResMed Inc. - Overview
• Exhibit 151: ResMed Inc. - Business segments
• Exhibit 152: ResMed Inc. - Key news
• Exhibit 153: ResMed Inc. - Key offerings
• Exhibit 154: ResMed Inc. - Segment focus

• 12.16 Teijin Ltd. 
• Exhibit 155: Teijin Ltd. - Overview
• Exhibit 156: Teijin Ltd. - Business segments
• Exhibit 157: Teijin Ltd. - Key offerings
• Exhibit 158: Teijin Ltd. - Segment focus

• 12.17 Yuwell Jiangsu Yuyue medical equipment and supply Co. Ltd. 
• Exhibit 159: Yuwell Jiangsu Yuyue medical equipment and supply Co. Ltd. - Overview
• Exhibit 160: Yuwell Jiangsu Yuyue medical equipment and supply Co. Ltd. - Product / Service
• Exhibit 161: Yuwell Jiangsu Yuyue medical equipment and supply Co. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations 
• Exhibit 168: List of abbreviations

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