Oxygen concentrators market seen reaching $3.31 billion by 2030

The oxygen concentrators market is projected to rise from $2.38 billion in 2025 to $3.31 billion by 2030, driven by respiratory disease cases, home healthcare expansion and portable device adoption. North America held the largest share in 2025 as the market shifts toward lighter, smarter and more energy-efficient systems.

Why it matters: - Oxygen concentrators are becoming more important as respiratory illness rises and more care moves into the home. - The market’s projected climb to $3.31 billion by 2030 signals steady demand for devices that support oxygen therapy outside traditional hospital settings. - Growth in portable and smart devices points to a broader shift toward patient mobility and remote care.

What happened: - The Business Research Company said the global oxygen concentrators market was worth $2.38 billion in 2025 and is expected to reach $2.54 billion in 2026. - The same market is forecast to hit $3.31 billion by 2030. - The report uses a 6.9% CAGR for the 2026-2030 period and 7.1% growth for 2025-2026. - The company released the findings in its 2026 oxygen concentrators market report covering market size, trends and global forecasts for 2026-2035. - North America held the largest share of the global market in 2025. - Europe ranked as the second-largest regional market.

The details: - Rising respiratory disease cases, wider home healthcare services, higher awareness of oxygen therapy benefits and better access to medical oxygen equipment are supporting current demand. - An aging population is also contributing to market growth. - Future growth is expected to come from remote patient monitoring, more investment in home healthcare infrastructure and broader adoption of portable medical devices. - Ongoing oxygen separation technology improvements are also expected to support the market. - The report highlights growing demand for portable oxygen concentrators, home-based oxygen treatment, smart oxygen monitoring, lightweight and compact devices and energy-efficient oxygen delivery systems. - Oxygen concentrators extract nitrogen and oxygen from ambient air and deliver concentrated oxygen to patients with respiratory conditions. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report also includes market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, and updated graphics and tables. - The company offers a free sample of the report and full report access through the report sample and the full market report.

Between the lines: - The forecast suggests the market is maturing, but not slowing sharply, as home care and remote monitoring become more central to respiratory treatment. - The emphasis on portability and compact design suggests buyers want devices that fit into everyday use, not just clinical settings. - The report’s regional split reinforces North America’s lead while showing the market is broadening across multiple geographies.

What's next: - The market is likely to keep shifting toward portable, connected and home-friendly devices as manufacturers respond to mobility and monitoring needs. - Healthcare providers and consumers are expected to adopt more oxygen solutions that support care outside hospitals. - The report points to continued innovation in energy efficiency and oxygen separation as key competitive areas.