United States Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators market is rapidly evolving, driven by growing demand in healthcare settings, particularly due to respiratory diseases and aging populations. These devices are essential for patients suffering from chronic obstructive pulmonary disease (COPD) or other conditions that impair the ability to breathe. The Pressure Swing Adsorption technology is preferred due to its efficiency in producing high-concentration oxygen by separating oxygen from air using a molecular sieve, making it a staple in homecare and hospital environments.
According to recent market trends, the US PSA oxygen concentrators market is witnessing a notable surge. The market size is expected to grow significantly as the aging population increases and chronic respiratory diseases become more prevalent. In fact, the COPD prevalence in the US has been steadily rising, with millions of people requiring supplemental oxygen therapy, contributing to the growing demand for PSA oxygen concentrators.
Statistics reveal that the market is not only driven by a rise in respiratory diseases but also by innovations in medical technology, providing more reliable, cost-effective, and portable options for patients. Innovations in oxygen concentrator design, including lighter models and quieter operation, are encouraging adoption in both healthcare facilities and home environments. As technology advances, the efficiency and affordability of these concentrators continue to improve, making them increasingly accessible to a broader patient demographic.
The competitive landscape in the US market is diverse, with key players such as Invacare Corporation, Philips Healthcare, and ResMed leading the charge in providing cutting-edge PSA oxygen concentrators. With a focus on technological advancements and improving patient outcomes, these companies are ensuring that their products meet both the clinical and practical needs of patients.
In line with global trends, similar to the growth seen in markets like the 100 Gigabit Fiber Optic Transceiver Market, the PSA oxygen concentrator market continues to expand rapidly, signaling a bright future for innovations in respiratory care technology.
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Yuyue Medical
Teijin Pharma
Philips
Delta P Srl
Beijing Shenlu
Novair Medical
Precision Medical
SYSADVANCE
NUZHUO
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market
VPSA (Vacuum Pressure Swing Adsorption)
PSA (Pressure Swing Adsorption)
Medical Oxygen Therapy
Industrial Applications
Emergency Medical Services
Homecare Oxygen Therapy
Hospitals
Clinics
Ambulatory Surgical Centers
Home Healthcare Settings
Portable Oxygen Concentrators
Stationary Oxygen Concentrators
Continuous Flow Oxygen Concentrators
Pulsed Dose Oxygen Concentrators
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market, By Type
6. US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market, By Application
7. US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Medical Pressure Swing Adsorption (PSA) Oxygen Concentrators Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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