Market revenue in 2023 | USD 53.6 million |
Market revenue in 2030 | USD 80.0 million |
Growth rate | 5.9% (CAGR from 2023 to 2030) |
Largest segment | Fixed/stationary medical oxygen concentrators |
Fastest growing segment | Portable Medical Oxygen Concentrators |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
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 |
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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 78.73% in 2023. Horizon Databook has segmented the Brazil oxygen concentrators market based on portable medical oxygen concentrators, fixed/stationary medical oxygen concentrators covering the revenue growth of each sub-segment from 2018 to 2030.
Major factors driving market growth include increase in tobacco use and the resultant increase in prevalence of various lung disorders, along with the increasing geriatric population.
COPD remains largely underdiagnosed and undertreated, owing to obstacles in prompt diagnostics posed by the healthcare system and limited access to medications. Meanwhile, the increase in healthcare expenditure and improvements in healthcare infrastructure are likely to boost the demand for oxygen cylinders over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Brazil oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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