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Latin America Medical Oxygen Concentrators Market Share

Report ID: GMI12052
Published Date: Oct 2024
Report Format: PDF

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LATAM Medical Oxygen Concentrators Market Share

The market is highly fragmented, with prominent players like Koninklijke Philips N.V., Inogen, Drive DeVilbiss Healthcare, and CAIRE launching new, technologically advanced products to strengthen their positions. Key players actively engage in collaborations, acquisitions, and product development, fostering innovation and expanding market reach. For instance, Drive DeVilbiss Healthcare, in partnership with Sanrai International, recently launched the PulmO2 10L and 1060AW concentrators tailored for clinical use in resource-limited settings. Additionally, Air Liquide’s USD 850 million investment in a low-carbon oxygen production facility reflects the market’s growth momentum and commitment to advanced oxygen solutions.

LATAM Medical Oxygen Concentrators Market Companies

Prominent players operating in the LATAM medical oxygen concentrators industry include:

Drive DeVilbiss Healthcare
GCE Group
Inogen
Jiangsu Yuyue Medical Equipment & Supply
Koninklijke Philips
Nareena Lifesciences
Niterra
Sysmed
Teijin

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The Latin America medical oxygen concentrators industry was valued at USD 100.7 million in 2023 and is expected to grow at a 5.7% CAGR from 2024 to 2032, driven by the increasing prevalence of chronic respiratory conditions.

The portable segment recorded USD 54.8 million in 2023, with growth driven by the emphasis on maintaining mobility and an active lifestyle among patients with chronic respiratory conditions.

The Brazil medical oxygen concentrators market is projected to reach USD 63.7 million by 2032, fueled by the government's commitment to expanding access to healthcare and investments in respiratory care.

Key players in the industry include Drive DeVilbiss Healthcare, GCE Group, Inogen, Jiangsu Yuyue Medical Equipment & Supply, Koninklijke Philips, Nareena Lifesciences, Niterra, Sysmed, and Teijin.