North America Oxygen Concentrators Market Size, Share, and COVID-19 Impact Analysis, By Product (Portable Medical Oxygen Concentrators, and Fixed Medical Oxygen Concentrators), By Application (Home Care, and Non-Home Care), and North America, Oxygen Concentrators Market Insights, Industry Trend, Forecasts to 2035

North America Oxygen Concentrators Market Insights Forecasts to 2035

• The North America Oxygen Concentrators Market Size Was Estimated at USD 1.37 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 5.35% from 2025 to 2035
• The North America Oxygen Concentrators Market Size is Expected to Reach USD 2.43 Billion by 2035

According to a research report published by Spherical Insights and Consulting, The North America Oxygen Concentrators Market Size is anticipated to reach USD 2.43 Billion by 2035, growing at a CAGR of 5.35% from 2025 to 2035. The North America oxygen concentrators market is driven by the growing trend of home healthcare and the desire for treatments at home rather than in hospitals, and has raised demand for portable and easy-to-use oxygen concentrators.  

Market Overview

The global industry devoted to the discovery, manufacturing, and distribution of medical devices that extract and concentrate oxygen from ambient air for therapeutic purposes is included in the oxygen concentrators market. Patients suffering from respiratory disorders such hypoxemia, asthma, and chronic obstructive pulmonary disease (COPD) require these devices. Rising healthcare spending, improvements in portable concentrators, and growing demand for home-based oxygen therapy are included in the North America oxygen concentrators market. The market for oxygen concentrators has been pushed by the growing number of elderly people requiring long-term oxygen therapy, as well as the increased prevalence of respiratory conditions, including COPD and asthma. Due to respiratory diseases including COPD, asthma, and sleep apnea are becoming more common, the market is expanding. Numerous reasons, including improved product offerings, growing company operations, rising rates of respiratory diseases, and a growing desire for home-based oxygen therapy, are propelling the North America oxygen concentrators market's expansion.

Report Coverage

This research report categorizes the market for North America oxygen concentrators market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America oxygen concentrators market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America oxygen concentrators market. 

Driving Factors

The market stands to gain from the rising demand for portable oxygen concentrators, which have become increasingly popular. The industry is expanding as a result of infrastructure investments made by governments and healthcare institutions to guarantee the availability of these devices. The market for North America oxygen concentrators is growing due to both an increase in the number of people that are susceptible to indoor air pollution and an increase in the number of people are smoke. Technological advances and the rising incidence of Chronic Obstructive Pulmonary Disease (COPD) are major factors propelling the growth of the North America oxygen concentrator market. The market for oxygen concentrators is expanding significantly, mostly due to the rising incidence of respiratory conditions.   

Restraining Factors

High production costs, stringent regulatory requirements, limited reimbursement policies, supply chain disruptions, raw material shortages, technological constraints, and fluctuating demand hinder the growth of the North America oxygen concentrators market, affecting accessibility, affordability, and innovation in respiratory care solutions.

Market Segmentation

The North America Oxygen Concentrators Market share is classified into product and application.

• The portable medical oxygen concentrators segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

The North America oxygen concentrators market is segmented by product into portable medical oxygen concentrators, and fixed medical oxygen concentrators. Among these, the portable medical oxygen concentrators segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growing demand for portable medical oxygen concentrators (POCs), particularly among mobile patients looking for solutions outside of their homes, is driving the growth of the POCs market.     

• The home care segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America oxygen concentrators market is segmented by application into home care, and non-home care. Among these, the home care segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The increasing use of Long-Term Oxygen Therapy (LTOT) equipment in residential settings, the variety of home oxygen therapy equipment available, and patients' growing inclination to get treatment at home are all factors driving the expansion of the home care market.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America oxygen concentrators market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• GCE
• DeVilbiss Healthcare
• MedaCure Inc.
• O2 Concepts
• Direct Supply
• Compass Health Brands
• Rhythm Healthcare
• GF Health Products, Inc.
• Nidek Medical Products, Inc
• Others

Recent Developments

• In July 2023, at FIME 2023, Canta Medical launched a full line of oxygen products. One of the biggest international medical shows for the US healthcare industry is FIME 2023. More than 500 medical equipment manufacturers and distributors are present, and more than 10,000 healthcare professionals attend.

• In May 2023, A 10-liter oxygen concentrator with low energy consumption was launched by DeVilbiss Healthcare to address the need for oxygen therapy in rural and semi-urban areas at the primary and secondary healthcare levels. The energy efficiency, dependability, and longevity of the 1060AW oxygen concentrator are its defining features. The commercial release date was set for 2024.

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America oxygen concentrators market based on the below-mentioned segments:

North America Oxygen Concentrators Market, By Product

• Portable Medical Oxygen Concentrators
• Fixed Medical Oxygen Concentrators

North America Oxygen Concentrators Market, By Application

• Home Care
• Non-Home Care