Argentina Oxygen Concentrators Market Size & Outlook
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Argentina oxygen concentrators market highlights
- The Argentina oxygen concentrators market generated a revenue of USD 40.9 million in 2024 and is expected to reach USD 55.4 million by 2033.
- The Argentina market is expected to grow at a CAGR of 3.6% from 2025 to 2033.
- In terms of segment, fixed/stationary medical oxygen concentrators was the largest revenue generating product in 2024.
- Portable Medical Oxygen Concentrators is the most lucrative product segment registering the fastest growth during the forecast period.
Oxygen concentrators market data book summary
| Market revenue in 2024 | USD 40.9 million |
| Market revenue in 2033 | USD 55.4 million |
| Growth rate | 3.6% (CAGR from 2025 to 2033) |
| Largest segment | Fixed/stationary medical oxygen concentrators |
| Fastest growing segment | Portable Medical Oxygen Concentrators |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Medical Oxygen Concentrators, Fixed/Stationary Medical Oxygen Concentrators |
| Key market players worldwide | Inogen Inc, Philips, Koninklijke Philips NV, Niterra Co Ltd, DeVilbiss Healthcare, React Health, Nidek Medical, O2 Concepts |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global oxygen concentrators market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil oxygen concentrators market is projected to lead the regional market in terms of revenue in 2033.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 55.4 million by 2033.
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Oxygen Concentrators Market Scope
Oxygen Concentrators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| O2 Concepts | View profile | 11-50 | Oklahoma City, Oklahoma, United States, North America | https://o2-concepts.com/ |
| Philips | View profile | 10001+ | Amsterdam, Noord-Holland, The Netherlands, Europe | https://www.usa.philips.com |
| React Health | View profile | 101-250 | Sarasota, Florida, United States, North America | https://www.reacthealth.com |
| Nidek Medical | View profile | 101-250 | Birmingham, Alabama, United States, North America | http://www.nidekmedical.com |
| DeVilbiss Healthcare | View profile | 251-500 | Somerset, Pennsylvania, United States, North America | http://www.devilbisshealthcare.com/ |
| Inogen Inc | View profile | 834 | 859 Ward Drive, Goleta, CA, United States, 93111 | https://www.inogen.com |
| Niterra Co Ltd | View profile | 16247 | 14-18, Takatsuji-cho, Mizuho-ku, Nagoya, Japan, 467-8525 | http://www.ngkntk.co.jp |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
Argentina oxygen concentrators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oxygen concentrators market will help companies and investors design strategic landscapes.
Fixed/stationary medical oxygen concentrators was the largest segment with a revenue share of 52.81% in 2024. Horizon Databook has segmented the Argentina oxygen concentrators market based on portable medical oxygen concentrators, fixed/stationary medical oxygen concentrators covering the revenue growth of each sub-segment from 2021 to 2033.
Increasing healthcare spending is expected to fuel the demand for oxygen concentrators & cylinders over the forecast period. The new trade policies have also reduced import restrictions on medical products and equipment. In 2015, Argentina imported about 27% of its medical devices from the U.S. Argentina is considered to have better growth opportunities as compared to other Latin American countries.
About 75% of the medical devices used in Argentina are imported and only 25 % are manufactured locally. The lower number of local players creates a major opportunity for international players. Companies such as Respironics. have a strong regional presence in Argentina, along with a large number of importers who provide a variety of products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Argentina oxygen concentrators market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Argentina oxygen concentrators market size, by product, 2021-2033 (US$M)
Argentina Oxygen Concentrators Market Outlook Share, 2024 & 2033 (US$M)
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