Oxygen Concentrators Market Share, Development and Growth to 2019

Oxygen Concentrators Market Size, Share, Global Trends, Company Profiles,

Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation

and Forecast To 2013 - 2019

The oxygen concentrators market is projected to reach USD 1.9 billion by 2019. The market had

previously attained revenue totaling USD 242.5 million in 2012. Demand for lighter oxygen

concentrators and greater mobility support for old people are major drivers of the market. Rising

cases of chronic obstructive pulmonary diseases (COPD) among adults will drive the market

demand over the next 6 years.

Government initiatives like Global Initiative for Chronic Obstructive Lung Disease and funding

by American Lung Association will favor the oxygen concentrators market. Introduction of

devices with long battery power and deliverance of oxygen under all circumstances will boost

the market growth in the years ahead.

Portable and fixed oxygen concentrators are two products of the market. Portable oxygen

concentrators dominated the market with 50% revenue in 2014. This can be attributed to its light

weight and portable enough to be carried in shopping malls, offices, and airports. Fixed oxygen

concentrators were valued over USD 400 million in 2014 and expect to grow at a 10% CAGR

from 2013 to 2019.

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Pulse dose and continuous flow are the prominent technologies used for oxygen concentrators.

Continuous flow based devices had the highest revenue share of the duo. Pulse dose based

devices had a high market penetration rate due to high mobility and comfort.

North America led the oxygen concentrators market demand in 2014 on account of welldeveloped home healthcare services and favorable reimbursement policies in the US.

Additionally, prevalent COPDs had forced market players to manufacture devices at affordable

rates. Asia Pacific is the next big region for...