Mexico Oxygen Concentrators Market Size & Outlook
Mexico oxygen concentrators market, 2018-2030 (US$M)
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Mexico oxygen concentrators market highlights
- The Mexico oxygen concentrators market generated a revenue of USD 34.8 million in 2023 and is expected to reach USD 50.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, fixed/stationary medical oxygen concentrators was the largest revenue generating product in 2023.
- 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 2023 | USD 34.8 million |
| Market revenue in 2030 | USD 50.4 million |
| Growth rate | 5.4% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global oxygen concentrators market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil oxygen concentrators market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 14.8 million by 2030.
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Oxygen Concentrators Market Scope
Oxygen Concentrators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 82.76% in 2023. Horizon Databook has segmented the Mexico 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 increasing incidence of chronic respiratory disorders and growth in number of distribution channels by key U.S. players. Some of the key distributors operating in Mexico are Respironics, ResMed, and GCE Group.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Mexico oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico oxygen concentrators market size, by product, 2018-2030 (US$M)
Mexico Oxygen Concentrators Market Outlook Share, 2023 & 2030 (US$M)
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