South Africa Oxygen Concentrators Market Size & Outlook
South Africa oxygen concentrators market, 2018-2030 (US$M)
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South Africa oxygen concentrators market highlights
- The South Africa oxygen concentrators market generated a revenue of USD 45.2 million in 2023 and is expected to reach USD 54.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 2.6% 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 45.2 million |
| Market revenue in 2030 | USD 54.2 million |
| Growth rate | 2.6% (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, South Africa accounted for 1.3% 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 Middle East & Africa, South Africa oxygen concentrators market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 17.9 million by 2030.
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Oxygen Concentrators Market Scope
Oxygen Concentrators Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 88.94% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa is the largest and most developed economy in Africa and consists of a large geriatric population. According to Statistics South Africa, the population of elderly citizens (60 years and above) was 4.6 million in 2017, and the number is expected to grow.
Moreover, life expectancy in the region has increased owing to improving healthcare infrastructure, which is likely to further boost the demand for oxygen cylinders and concentrators in the country.
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Our clientele includes a mix of oxygen concentrators market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into South Africa oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa oxygen concentrators market size, by product, 2018-2030 (US$M)
South Africa Oxygen Concentrators Market Outlook Share, 2023 & 2030 (US$M)
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