Executive Summery
This report presents a detailed overview of the South America Oxygen Concentrators Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2023-28. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving South America Oxygen Concentrators industry landscape.
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South America Oxygen Concentrators Market Statistics and Key Highlights
The SSouth America Oxygen Concentrators Market was valued at USD 280 million in 2022 and is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2023-28.
- South America Oxygen Concentrators market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging South America Oxygen Concentrators Companies
- Philips Healthcare
- ResMed Inc.
- Inogen Inc.
- Invacare Corporation
- Dragerwerk AG & Co. KGaA
- Teijin Limited
- DeVilbiss Healthcare LLC
- GCE Healthcare
- O2 Concepts, LLC
- Precision Medical Inc.
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Key Driver:
Increasing ICU Admissions Followed by Alarmingly Changing Climatic Conditions - The rising incidence of extreme weather events, including heat waves, droughts, and floods, has resulted in respiratory problems, heat stress, and injuries, leading to a greater demand for critical care. For example, a drought in Chile in 2021 resulted in a major outbreak of dengue fever, and similarly, a flood in Colombia in 2022 caused widespread damage and a surge in injuries, necessitating more ICU admissions. This has led to increased number of ICU beds, demanding adequate oxygen concentrators across the region. For instance, Brazil had approximately 43,000 ICU beds before the COVID-19 pandemic, with 21,000 in the public health system and 22,000 in the private health sector in 2018. These numbers changed in 2022 since the pandemic created 20,000 new ICU beds.
Moreover, in Brazil, the incidence, prevalence, and mortality rates of ICU-treated sepsis are alarmingly high, with approximately 420,000 cases being registered annually. The treatment for sepsis often requires the use of purified oxygen, resulting in the increased demand for oxygen concentrators across healthcare settings.
Additionally, projections indicate that region’s coronary artery disease hospitalizations will increase significantly by 2030, necessitating highly purified oxygen for faster recovery. These aspects clearly hint at the massive adoption of oxygen generators in the coming years, giving a boost to market growth.
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South America Oxygen Concentrators Market Segmentation
By Product Type
- Portable - Market Size & Forecast 2018-2028, (USD Million)
- Fixed- Market Size & Forecast 2018-2028, (USD Million)
Portable Oxygen Concentrators have gained a significant market share over fixed ones due to their easy handling and transportability.
By Technology
- Continuous Flow - Market Size & Forecast 2018-2028, (USD Million)
- Pulse Flow- Market Size & Forecast 2018-2028, (USD Million)
By End User
- Hospitals - Market Size & Forecast 2018-2028, (USD Million)
- Home Healthcare - Market Size & Forecast 2018-2028, (USD Million)
- Ambulatory Surgical Centers & Physician Offices- Market Size & Forecast 2018-2028, (USD Million)
By Country
- Brazil
- Argentina
- Chile
- Columbia
- Rest of SSouth America
Among the countries in SSouth America, Brazil has emerged as the dominant player in the global industry due to changes in food and lifestyle.
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