Global Homecare Oxygen Concentrators Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Portability;

Rapid-acting Insulin, Short-acting Insulin, Intermediate-acting Insulin and Long-acting Insulin.

By Drugs Availability;

Over-the-counter (OTC) and Prescription.

By Application;

Type 1 Diabetes, Type 2 Diabetes and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn718282883 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Homecare Oxygen Concentrators Market (USD Million), 2021 - 2031

In the year 2024, the Global Homecare Oxygen Concentrators Market was valued at USD 1,591.41 million. The size of this market is expected to increase to USD 2,798.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The Global Homecare Oxygen Concentrators Market is witnessing significant growth owing to various factors such as the increasing prevalence of respiratory disorders, rising aging population, and advancements in healthcare technology. Homecare oxygen concentrators are medical devices that help patients with respiratory conditions such as chronic obstructive pulmonary disease (COPD) and emphysema by delivering a continuous flow of oxygen directly to the patient. These devices provide a convenient and cost-effective alternative to traditional oxygen therapy methods, allowing patients to receive oxygen therapy in the comfort of their own homes without the need for frequent visits to healthcare facilities.

With the aging population worldwide and the growing incidence of respiratory disorders, the demand for homecare oxygen concentrators is expected to rise steadily. Additionally, technological advancements in oxygen concentrator designs have led to the development of portable and lightweight devices, further enhancing their usability and convenience for patients. As a result, the Global Homecare Oxygen Concentrators Market is poised for continued growth in the coming years, with opportunities for innovation and expansion across various regions and market segments.

However, the market is not without its challenges. Factors such as stringent regulatory requirements, reimbursement issues, and competition from alternative oxygen therapy methods pose hurdles to market growth. Additionally, disparities in healthcare infrastructure and access to medical devices in developing regions may hinder market penetration to some extent. Nonetheless, with increasing investments in healthcare infrastructure, growing adoption of telehealth services, and a shift towards patient-centric care models, the Global Homecare Oxygen Concentrators Market presents lucrative opportunities for manufacturers, healthcare providers, and investors to capitalize on the growing demand for home-based respiratory care solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Portability
    2. Market Snapshot, By Drugs Availability
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Homecare Oxygen Concentrators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Respiratory Disorders
        2. Aging Population
        3. Technological Advancements
        4. Growing Demand for Home-Based Healthcare Solutions
      2. Restraints
        1. Stringent Regulatory Requirements
        2. Reimbursement Challenges
        3. Competition from Alternative Oxygen Therapy Methods
        4. Disparities in Healthcare Infrastructure
        5. Supply Chain Disruptions
      3. Opportunities
        1. Expansion of Telehealth Services
        2. Emerging Markets with Untapped Potential
        3. Development of Portable and Lightweight Devices
        4. Increasing Awareness and Education Initiatives
        5. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Homecare Oxygen Concentrators Market, By Portability, 2021 - 2031 (USD Million)
      1. Rapid-acting Insulin
      2. Short-acting Insulin
      3. Intermediate-acting Insulin
      4. Long-acting Insulin
    2. Global Homecare Oxygen Concentrators Market, By Drugs Availability, 2021 - 2031 (USD Million)
      1. Over-the-counter (OTC)
      2. Prescription
    3. Global Homecare Oxygen Concentrators Market, By Application, 2021 - 2031 (USD Million)
      1. Type 1 Diabetes
      2. Type 2 Diabetes
      3. Others
    4. Global Homecare Oxygen Concentrators Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Philips Respironics
      2. Invacare Corporation
      3. AirSep Corporation
      4. DeVilbiss Healthcare LLC
      5. Drive DeVilbiss Healthcare
      6. Inogen, Inc.
  7. Analyst Views
  8. Future Outlook of the Market