Medical Oxygen Concentrators Market Size

ID: MRFR/HC/6404-HCR

90 Pages

Kinjoll Dey

October 2025

Medical oxygen concentrators market Research Report Information by Product Type (Portable Oxygen Concentrators and Stationary Oxygen Concentrators), by Technology (Continuous Flow and Pulse Dose), by Indication (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Sleep Apnea, and Others), by End User (Hospitals and Clinics, Homecare Settings, and Others), and By Region (North America, Europe,...

Medical Oxygen Concentrators Market Infographic

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Medical Oxygen Concentrators Size

Medical Oxygen Concentrators Market Growth Projections and Opportunities

The Electric Vehicle (EV) Charging Management Software Platform Market is experiencing a dynamic shift driven by various market factors. One of the primary drivers is the global surge in electric vehicle adoption, fueled by increasing environmental awareness and government initiatives promoting sustainable transportation. A popular approach is centered on technological differentiation. In developing advanced and efficient battery technologies, electric truck manufacturers seek to increase the range of ECVs while improving overall performance. While keeping its lead in technological innovation companies aim at attracting businesses and fleet operators interested in environmentally friendly but still reliable vehicles.

Environmental awareness is one of the main motors in European electric trucks market, which makes manufacturers focus on eco-friendly properties. With a growing focus on sustainability among European countries and the introduction of strict emission norms, electric trucks attract more attention. Manufacturers advocate themselves by emphasizing the environmental advantages of their electric truck models that attract companies who make a priority to decrease carbon footprint. Companies that manage to present their trucks as environmentally friendly vehicles will be able to benefit while the interest for green transportation options rises.

Pricing strategies are also central in determining the market share position for electric trucks within Europe. Even though the electric trucks usually cost more than their traditional counterparts, manufactures strive to achieve economies of scale and cost efficiency in order to make their electric models competitive. Furthermore, other firms take advantage of the incentives and subsidies provided by various European governments in order to provide more competitive prices for potential buyers. The determination of market share position in the area resulting from electric trucks requires balancing initial investments with long-term savings on operational expenses.

In the European electric trucks market, collaborations and partnerships are widespread as manufacturers frequently work with battery suppliers technology companies infrastructure providers among other. These partnerships expedite electric truck innovation and commercialization by sharing resources and knowledge. Besides, partnerships contribute to the development of an integrated ecosystem that consists of charging infrastructure and service offering as well as technological support.

Access to charging infrastructure also forms an important component of market share positioning. The electric truck manufacturers arrange strategically positions where the charging stations are placed and partner with governments as well as private institutions to increase network coverage along transport corridors.

The competition for market share in the European electric trucks segment relies on marketing and brand positioning. In the efforts to develop awareness, markets use targeted marketing campaigns regarding benefits of electric trucks like lower emissions and operational costs as well compliance issues surrounding environmental protection. Communicated effectively, these benefits build a brand reputation and establish trust among customers’ decisions to purchase. Integrating these clean energy sources with EV charging stations becomes essential for creating a sustainable and environmentally friendly charging ecosystem. Software platforms that enable the integration of renewable energy sources into the charging infrastructure are gaining traction, aligning with the broader goals of reducing dependency on non-renewable energy.

Medical Oxygen Concentrators Market Size Graph

Market Highlights

Author

Kinjoll Dey

Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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FAQs

What is the projected market valuation of the Medical Oxygen Concentrators Market by 2035?

The projected market valuation for the Medical Oxygen Concentrators Market is 7.003 USD Billion by 2035.

What was the market valuation of Medical Oxygen Concentrators in 2024?

The overall market valuation for Medical Oxygen Concentrators was 3.59 USD Billion in 2024.

What is the expected CAGR for the Medical Oxygen Concentrators Market from 2025 to 2035?

The expected CAGR for the Medical Oxygen Concentrators Market during the forecast period 2025 - 2035 is 6.26%.

Which segment of Medical Oxygen Concentrators had the highest valuation in 2024?

In 2024, the segment of Stationary Oxygen Concentrators had the highest valuation at 2.09 USD Billion.

What are the key players in the Medical Oxygen Concentrators Market?

Key players in the Medical Oxygen Concentrators Market include Philips, Invacare, AirSep, OxyGo, and Drive DeVilbiss Healthcare.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Medical Oxygen Concentrators Market Size was estimated at 3.59 USD Billion in 2024. The Medical Oxygen Concentrators industry is projected to grow from 3.815 USD Billion in 2025 to 7.003 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.26 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Medical Oxygen Concentrators Market is experiencing robust growth driven by technological advancements and a shift towards home healthcare solutions.

Technological advancements are enhancing the efficiency and usability of medical oxygen concentrators. The North American market remains the largest, while the Asia-Pacific region is recognized as the fastest-growing market. Portable oxygen concentrators dominate the market, whereas stationary oxygen concentrators are witnessing the fastest growth. Key drivers include the increasing prevalence of respiratory disorders and rising awareness of home healthcare solutions.

Medical Oxygen Concentrators Market

CAGR

6.26%

Market Size & Forecast

2024 Market Size	3.59 (USD Billion)
2035 Market Size	7.003 (USD Billion)
CAGR (2025 - 2035)	6.26%
Largest Regional Market Share in 2024	North America

Major Players

Philips (NL), Invacare (US), AirSep (US), OxyGo (US), Drive DeVilbiss Healthcare (GB), Nidek Medical (JP), GCE Group (SE), Precision Medical (US), Caire Inc. (US)

Market Trends

The Medical Oxygen Concentrators Market is currently experiencing a notable transformation, driven by various factors that influence demand and supply dynamics. The increasing prevalence of respiratory disorders, coupled with an aging population, appears to be propelling the need for efficient oxygen delivery systems. Furthermore, advancements in technology are leading to the development of more compact and user-friendly devices, which may enhance accessibility for patients in both clinical and home settings. This shift towards home healthcare solutions indicates a potential change in how oxygen therapy is administered, suggesting a growing preference for portable and lightweight concentrators. In addition to technological innovations, regulatory frameworks are evolving to ensure the safety and efficacy of medical devices. This regulatory scrutiny may foster a competitive environment, encouraging manufacturers to invest in research and development. Moreover, the rising awareness of the importance of oxygen therapy in managing chronic conditions could further stimulate market growth. As stakeholders navigate these trends, the Medical Oxygen Concentrators Market is likely to witness a robust expansion, characterized by increased product offerings and enhanced service delivery models.

Technological Advancements

The Medical Oxygen Concentrators Market is witnessing a surge in technological innovations, leading to the introduction of more efficient and user-friendly devices. These advancements may include features such as improved oxygen delivery systems, enhanced portability, and smart connectivity options, which could significantly enhance patient experience and adherence to therapy.

Shift Towards Home Healthcare

There is a discernible trend towards home healthcare solutions within the Medical Oxygen Concentrators Market. This shift is likely driven by the increasing preference for at-home treatment options, allowing patients to manage their conditions in a comfortable environment. Consequently, manufacturers are focusing on developing compact and lightweight concentrators suitable for home use.

Regulatory Developments

The evolving regulatory landscape surrounding medical devices is influencing the Medical Oxygen Concentrators Market. Stricter regulations may ensure higher safety and efficacy standards, prompting manufacturers to innovate and comply with these guidelines. This regulatory focus could lead to enhanced product quality and increased consumer trust in oxygen therapy solutions.

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The increasing prevalence of respiratory diseases and the growing demand for home healthcare solutions appear to drive the expansion of the medical oxygen concentrators market, reflecting a shift towards more accessible and patient-centered care..webp

U.S. Department of Health and Human Services

Medical Oxygen Concentrators Market Market Drivers

Aging Population

The demographic shift towards an aging population is significantly influencing the Medical Oxygen Concentrators Market. Older adults are more susceptible to chronic respiratory conditions, necessitating the use of oxygen therapy. As the proportion of individuals aged 65 and above continues to grow, the demand for medical oxygen concentrators is anticipated to increase correspondingly. This demographic trend is compounded by the fact that older adults often prefer home healthcare solutions, which further propels the market. Recent projections indicate that by 2030, the number of older adults will surpass 1 billion, creating a substantial market opportunity for oxygen concentrator manufacturers.

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Rising Awareness of Home Healthcare Solutions

There is a growing awareness and acceptance of home healthcare solutions, which is positively impacting the Medical Oxygen Concentrators Market. Patients and caregivers are increasingly recognizing the benefits of receiving medical care in the comfort of their homes, particularly for chronic conditions requiring long-term oxygen therapy. This shift is supported by healthcare policies that promote home-based care as a cost-effective alternative to hospital stays. As a result, the demand for home-use oxygen concentrators is on the rise, with market estimates indicating a potential increase in sales by 20% over the next five years. This trend underscores the importance of oxygen concentrators in enhancing patient quality of life.

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Increasing Prevalence of Respiratory Disorders

The rising incidence of respiratory disorders, such as chronic obstructive pulmonary disease (COPD) and asthma, is a primary driver of the Medical Oxygen Concentrators Market. According to health statistics, respiratory diseases are among the leading causes of morbidity and mortality worldwide. This trend is likely to escalate the demand for oxygen therapy, thereby boosting the market for medical oxygen concentrators. As healthcare systems increasingly recognize the need for effective management of these conditions, the adoption of oxygen concentrators is expected to rise. The market is projected to witness a compound annual growth rate (CAGR) of approximately 10% over the next few years, reflecting the growing need for home-based oxygen therapy solutions.

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Supportive Government Policies and Regulations

Supportive government policies and regulations are playing a crucial role in shaping the Medical Oxygen Concentrators Market. Many countries are implementing policies that facilitate access to medical oxygen therapy, including subsidies and reimbursement programs for patients. These initiatives are designed to improve healthcare outcomes and ensure that patients have access to necessary medical equipment. Furthermore, regulatory bodies are establishing standards for the manufacturing and distribution of oxygen concentrators, which enhances product safety and efficacy. As a result, the market is likely to experience steady growth, with an expected increase in the number of approved devices and a corresponding rise in consumer trust.

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Technological Innovations in Oxygen Concentrators

Technological advancements in the design and functionality of medical oxygen concentrators are driving the Medical Oxygen Concentrators Market. Innovations such as portable and lightweight models, enhanced oxygen delivery systems, and user-friendly interfaces are making these devices more accessible and appealing to consumers. The integration of smart technology, including mobile applications for monitoring oxygen levels, is also gaining traction. These advancements not only improve patient compliance but also expand the potential user base. Market analysts suggest that the introduction of next-generation oxygen concentrators could lead to a market expansion of over 15% in the coming years, as they cater to the evolving needs of patients.

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Market Segment Insights

By Type: Portable Oxygen Concentrators (Largest) vs. Stationary Oxygen Concentrators (Fastest-Growing)

In the medical oxygen concentrators market, the segment is primarily divided between portable and stationary oxygen concentrators. Portable oxygen concentrators hold the largest share due to their flexibility and ease of use, catering to patients who require mobility while receiving oxygen therapy. On the other hand, stationary oxygen concentrators are gaining traction, particularly among those who prefer a more robust unit for home use, thus capturing a notable share of the market..webp

Oxygen Concentrators: Portable (Dominant) vs. Stationary (Emerging).webp

Portable oxygen concentrators are taking the lead in the medical oxygen concentrators market, primarily due to their lightweight design and adaptability for users who are frequently on the move. These devices are ideal for patients who require continuous oxygen supply while maintaining an active lifestyle. Meanwhile, stationary oxygen concentrators are emerging as a popular choice in households, providing a reliable and continuous source of oxygen therapy at home. The growth of stationary units can be attributed to advancements in technology, making them more efficient and user-friendly, thus appealing to a broader demographic seeking long-term care solutions..webp

By Technology: Continuous Flow (Largest) vs. Pulse Dose (Fastest-Growing)

The Medical Oxygen Concentrators Market showcases a varied landscape where Continuous Flow and Pulse Dose technologies demonstrate distinct share dynamics. Continuous Flow devices currently command the largest market share owing to their reliability and efficiency, particularly popular among patients with continuous respiratory needs. In contrast, Pulse Dose concentrators are gaining traction due to their innovative delivery mechanism, driving notable interest among patients who require oxygen therapy during specific activities. This diversification in user preference reflects increasing awareness about the different consumption patterns of oxygen therapy..webp

Technology: Continuous Flow (Dominant) vs. Pulse Dose (Emerging).webp

In the Medical Oxygen Concentrators Market, Continuous Flow technology is regarded as the dominant player, providing a steady stream of oxygen that is crucial for chronic respiratory diseases. Its reliability makes it the go-to choice for many patients requiring continuous respiratory support. On the other hand, Pulse Dose technology is emerging as a compelling alternative, particularly attractive for patients with active lifestyles, as it delivers oxygen in bursts, conserving oxygen supply and enhancing user comfort. The rising demand for more efficient and user-friendly devices is propelling the growth of the Pulse Dose segment. Both technologies represent unique solutions tailored to diverse patient needs, yet they contribute to a broader trend of enhanced personal health management..webp

By Indication: Chronic Obstructive Pulmonary Disease (COPD) (Largest) vs. Sleep Apnea (Fastest-Growing)

The Medical Oxygen Concentrators Market exhibits a diverse range of indications with Chronic Obstructive Pulmonary Disease (COPD) holding the largest share. This segment significantly overshadows others, such as Asthma and Sleep Apnea, highlighting the critical demand associated with COPD treatment. The challenges posed by this disease ensure a steady need for oxygen concentrators, establishing it as a cornerstone of the market. Additionally, conditions classified under 'Others' contribute minimally to the share, indicating a more niche interest..webp

Asthma (Dominant) vs. Others (Emerging).webp

Asthma remains a dominant indication in the Medical Oxygen Concentrators Market, driven by an increasing prevalence of this respiratory condition globally. It necessitates the availability of reliable oxygen delivery solutions, positioning asthma patients at the forefront of market demand. Conversely, the 'Others' segment represents emerging areas of growth, encompassing various rare or less common respiratory conditions that may require oxygen therapy. This segment is gaining traction as awareness and diagnosis improve, potentially expanding the market's scope as treatments evolve. Nevertheless, asthma's established prevalence and treatment familiarity keep it in a leading position..webp

By End User: Hospitals and Clinics (Largest) vs. Homecare Settings (Fastest-Growing)

In the Medical Oxygen Concentrators Market, the distribution among end users reveals that Hospitals and Clinics hold the largest share, reflecting their essential role in providing immediate care to patients with respiratory difficulties. They have a steady demand for oxygen concentrators as they cater to both acute and chronic conditions, facilitating treatment for a wide range of illnesses. Homecare Settings, while smaller in comparison, are rapidly gaining traction, spurred by rising preferences for at-home treatment options and advancements in technology that make these devices more user-friendly and effective. Growth trends in the Medical Oxygen Concentrators Market show a significant shift towards Homecare Settings, which are becoming increasingly popular due to an aging population and growing awareness of respiratory ailments requiring long-term oxygen therapy. This sector is being driven by technological innovations that enhance mobility and usability, allowing patients to have greater independence in their everyday lives. The preference for remote monitoring and personalized healthcare solutions also contributes to the increase in demand for oxygen concentrators in homecare, positioning this segment as the fastest-growing within the market..webp

Hospitals and Clinics: Dominant vs. Homecare Settings: Emerging.webp

The Hospitals and Clinics segment represents the dominant force in the Medical Oxygen Concentrators Market, characterized by centralized healthcare systems that require reliable and efficient oxygen supply to manage patients with severe respiratory conditions. Hospitals benefit from economies of scale, purchasing equipment in larger quantities and ensuring consistent availability of medical-grade oxygen. On the other hand, Homecare Settings are emerging rapidly, characterized by a growing trend towards decentralized health care. Patients prefer to receive treatment in the comfort of their homes due to the flexibility it offers and ongoing support from healthcare providers through digital solutions. This growing market is supported by innovations in concentrator technology that focus on portability, efficiency, and ease of use, appealing to a larger base of consumers..webp

Get more detailed insights about Medical Oxygen Concentrators Market Research Report - Forecast till 2035

Regional Insights

North America : Healthcare Innovation Leader

North America is the largest market for medical oxygen concentrators, holding approximately 40% of the global market share. The region's growth is driven by an aging population, increasing prevalence of respiratory diseases, and advancements in technology. Regulatory support from agencies like the FDA has also catalyzed market expansion, ensuring safety and efficacy in medical devices. The United States is the dominant player in this market, followed by Canada. Key companies such as Invacare, AirSep, and OxyGo are leading the competitive landscape, focusing on innovative product development and strategic partnerships. The presence of established healthcare infrastructure further enhances market growth, making North America a hub for medical oxygen solutions.

Europe : Emerging Market Dynamics

Europe is witnessing significant growth in the medical oxygen concentrators market, accounting for approximately 30% of the global share. The increasing incidence of chronic respiratory diseases and supportive regulatory frameworks are key drivers. The European Medicines Agency (EMA) has implemented guidelines that facilitate the approval of innovative medical devices, enhancing market accessibility. Leading countries in this region include Germany, France, and the UK, where companies like Philips and Drive DeVilbiss Healthcare are prominent. The competitive landscape is characterized by a mix of established players and emerging startups, focusing on technological advancements and patient-centric solutions. This dynamic environment is expected to foster further innovation and market penetration.

Asia-Pacific : Rapidly Growing Healthcare Sector

Asia-Pacific is emerging as a significant player in the medical oxygen concentrators market, holding around 25% of the global market share. The region's growth is propelled by rising healthcare expenditures, increasing awareness of respiratory health, and a growing elderly population. Government initiatives aimed at improving healthcare infrastructure are also contributing to market expansion. Countries like Japan, China, and India are leading the charge, with a competitive landscape featuring key players such as Nidek Medical and GCE Group. The market is characterized by a mix of local and international companies, focusing on affordability and accessibility of medical oxygen solutions. This region is poised for substantial growth as healthcare systems continue to evolve and expand.

Middle East and Africa : Untapped Market Potential

The Middle East and Africa region is gradually emerging in the medical oxygen concentrators market, currently holding about 5% of the global share. The growth is driven by increasing awareness of respiratory health issues and the need for improved healthcare services. Government initiatives aimed at enhancing healthcare access are also playing a crucial role in market development. Countries like South Africa and the UAE are at the forefront, with a competitive landscape that includes both local and international players. Companies are focusing on expanding their distribution networks and improving product availability. As healthcare infrastructure improves, the demand for medical oxygen concentrators is expected to rise significantly in this region.

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Key Players and Competitive Insights

The Medical Oxygen Concentrators Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for home healthcare solutions and advancements in technology. Key players such as Philips (NL), Invacare (US), and AirSep (US) are strategically positioning themselves through innovation and regional expansion. Philips (NL) focuses on enhancing product efficiency and user experience, while Invacare (US) emphasizes a broad product portfolio catering to diverse patient needs. AirSep (US) is leveraging its expertise in portable oxygen solutions, which aligns with the growing trend towards mobility in healthcare. Collectively, these strategies contribute to a moderately fragmented market, where competition is intensifying as companies seek to differentiate themselves through technological advancements and customer-centric solutions.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. This approach not only mitigates risks associated with The Medical Oxygen Concentrators demands. The competitive structure of the Medical Oxygen Concentrators Market appears to be moderately fragmented, with several key players exerting influence. The collective actions of these companies indicate a shift towards more integrated supply chains and localized production, which may enhance their competitive positioning.

In August 2025, Philips (NL) announced the launch of its latest oxygen concentrator model, which incorporates advanced AI technology to optimize oxygen delivery based on real-time patient data. This strategic move underscores Philips' commitment to innovation and positions the company to meet the evolving needs of patients requiring oxygen therapy. The integration of AI not only enhances patient outcomes but also sets a new standard for product functionality in the market.

In September 2025, Invacare (US) expanded its distribution network in Asia-Pacific, aiming to tap into the growing demand for home healthcare solutions in emerging markets. This strategic expansion is likely to bolster Invacare's market presence and facilitate access to a broader customer base. By localizing its operations, Invacare can better cater to regional preferences and regulatory requirements, thereby enhancing its competitive edge.

In July 2025, AirSep (US) entered into a strategic partnership with a leading telehealth provider to integrate remote monitoring capabilities into its oxygen concentrators. This collaboration is indicative of a broader trend towards digital health solutions, allowing for continuous patient monitoring and timely interventions. Such partnerships not only enhance product offerings but also align with the increasing emphasis on patient-centered care in the healthcare landscape.

As of October 2025, the competitive trends in the Medical Oxygen Concentrators Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are playing a pivotal role in shaping the current landscape, enabling companies to leverage complementary strengths and enhance their market offerings. Looking ahead, it is anticipated that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, as companies strive to meet the complex needs of patients and healthcare providers.

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Key Companies in the Medical Oxygen Concentrators Market market include

Industry Developments

Q2 2024: Inogen Launches Next-Generation Portable Oxygen Concentrator, the Inogen One G7 Inogen announced the commercial launch of its Inogen One G7 portable oxygen concentrator, featuring enhanced battery life and connectivity for remote patient monitoring, targeting both homecare and ambulatory use.
Q2 2024: Philips Receives FDA 510(k) Clearance for SimplyGo Mini Portable Oxygen Concentrator Upgrade Philips announced it has received FDA 510(k) clearance for an upgraded version of its SimplyGo Mini portable oxygen concentrator, which includes improved battery performance and a lighter design for increased patient mobility.
Q3 2024: Invacare Appoints New CEO to Drive Growth in Respiratory Product Segment Invacare Corporation announced the appointment of a new Chief Executive Officer, with a strategic focus on expanding its respiratory and oxygen concentrator business in North America and Europe.
Q2 2024: ResMed Acquires OxyMed for $120 Million to Expand Oxygen Therapy Portfolio ResMed completed the acquisition of OxyMed, an Australian manufacturer of medical oxygen concentrators, to strengthen its global respiratory care offerings and accelerate innovation in portable oxygen solutions.
Q1 2025: Teijin Opens New Medical Oxygen Concentrator Manufacturing Facility in Vietnam Teijin Limited inaugurated a new manufacturing facility in Vietnam dedicated to producing medical oxygen concentrators, aiming to meet rising demand in Southeast Asia and improve supply chain resilience.
Q2 2025: Chart Industries Secures Multi-Year Supply Contract with NHS for Oxygen Concentrators Chart Industries announced it has signed a multi-year contract to supply medical oxygen concentrators to the UK National Health Service (NHS), supporting hospital and homecare respiratory therapy programs.
Q3 2024: Nidek Medical India Launches Ultra-Portable Oxygen Concentrator for Indian Market Nidek Medical India introduced a new ultra-portable oxygen concentrator designed for the Indian market, featuring advanced filtration and energy-efficient operation for use in both urban and rural settings.
Q2 2024: Drive DeVilbiss Healthcare Announces Strategic Partnership with Medtronic for Oxygen Therapy Distribution Drive DeVilbiss Healthcare entered into a strategic partnership with Medtronic to distribute its line of medical oxygen concentrators across select European markets, expanding access to home-based respiratory care.
Q1 2025: Precision Medical Receives CE Mark for New High-Flow Oxygen Concentrator Precision Medical Inc. announced it has received CE Mark approval for its new high-flow oxygen concentrator, enabling commercial sales across the European Union and supporting critical care applications.
Q2 2025: O2 Concepts Raises $40 Million in Series C Funding to Accelerate Portable Oxygen Device Innovation O2 Concepts closed a $40 million Series C funding round to expand R&D and scale production of its next-generation portable oxygen concentrators, with a focus on smart, connected devices for homecare.
Q3 2024: Zhengzhou Olive Electronic Technology Wins Major Tender to Supply Oxygen Concentrators to Indonesian Hospitals Zhengzhou Olive Electronic Technology secured a government tender to supply thousands of medical oxygen concentrators to hospitals across Indonesia, supporting national healthcare infrastructure upgrades.
Q1 2025: Philips Launches Remote Monitoring Platform for Oxygen Concentrator Patients Philips introduced a new digital platform enabling remote monitoring and management of patients using its medical oxygen concentrators, aiming to improve outcomes and reduce hospital readmissions.

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Future Outlook

Medical Oxygen Concentrators Market Future Outlook

The Medical Oxygen Concentrators Market is projected to grow at a 6.26% CAGR from 2024 to 2035, driven by increasing respiratory diseases, technological advancements, and rising healthcare expenditures.<a href="https://www.fda.gov/medical-devices/medical-device-recalls-and-early-alerts/oxygen-concentrator-recall-jiangsu-jumao-x-care-medical-equipment-co-ltd-removes-jmc5a-nitruaire-5">Medical Oxygen Concentrator therapeutics FDA insights</a> including regulatory guidance, approvals, safety alerts, and oversight of products and clinical practices relevant to Medical Oxygen Concentrator.

New opportunities lie in:

Expansion into telehealth integration for remote monitoring solutions..webpDevelopment of portable oxygen concentrators for home healthcare markets..webpPartnerships with hospitals for bulk procurement and service contracts..webp

By 2035, the market is expected to be robust, reflecting substantial growth and innovation..webp

Market Segmentation

Medical Oxygen Concentrators Market Type Outlook

Portable Oxygen Concentrators
Stationary Oxygen Concentrators

Medical Oxygen Concentrators Market End User Outlook

Hospitals and Clinics
Homecare Settings
Others

Medical Oxygen Concentrators Market Indication Outlook

Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Sleep Apnea
Others

Medical Oxygen Concentrators Market Technology Outlook

Continuous Flow
Pulse Dose

Report Scope

MARKET SIZE 2024	3.59(USD Billion)
MARKET SIZE 2025	3.815(USD Billion)
MARKET SIZE 2035	7.003(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	6.26% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Integration of advanced technologies enhances efficiency and accessibility in the Medical Oxygen Concentrators Market.
Key Market Dynamics	Rising demand for home healthcare solutions drives innovation and competition in the Medical Oxygen Concentrators Market.
Countries Covered	North America, Europe, APAC, South America, MEA

Market Highlights

Author

Kinjoll Dey

Research Analyst Level I

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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