UK Oxygen Concentrators Market Size & Outlook, 2023-2030
UK oxygen concentrators market, 2018-2030 (US$M)
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UK oxygen concentrators market highlights
- The UK oxygen concentrators market generated a revenue of USD 195.3 million in 2023 and is expected to reach USD 274.5 million by 2030.
- The UK market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, portable 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 195.3 million |
| Market revenue in 2030 | USD 274.5 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Portable 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, UK accounted for 5.5% 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 Europe, Germany oxygen concentrators market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 337.6 million by 2030.
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Oxygen Concentrators Market Scope
Oxygen Concentrators Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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.
Portable medical oxygen concentrators was the largest segment with a revenue share of 54.79% in 2023. Horizon Databook has segmented the UK 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.
The UK medical oxygen concentrator and oxygen cylinders market is expected to grow at a CAGR of 2.0% over the forecast period. The oxygen therapy market in the UK is monopolistic, which is led by a limited number of suppliers, providing their devices in limited allocated regions.
For instance, Air Liquide supplies devices in London, North West England, East Midlands, and South West England. Baywater Healthcare provides devices in Yorkshire and Humberside, West Midlands, and Wales. BOC provides devices to East & North East England and Northern Ireland. Dolby Vivisol provides devices in Southern England and Scotland.
Moreover, patients are provided with oxygen therapy products by governments as they are covered under NHS. However, patients can also purchase them, so long as the product is NHS-approved. These stringent approval norms in the country are obstructing market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into UK oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK oxygen concentrators market size, by product, 2018-2030 (US$M)
UK Oxygen Concentrators Market Outlook Share, 2023 & 2030 (US$M)
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