South America Oxygen Concentrators Market Trends and Forecast 2028: Growth & Market Size

The South 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 Dynamics:

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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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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South America Oxygen Concentrators Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• By Product Type
  • Portable - Market Size & Forecast 2018-2028, (USD Million)
  • Fixed- Market Size & Forecast 2018-2028, (USD Million)
• 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 South America

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Philips Healthcare, ResMed Inc., Inogen Inc, Invacare Corporation, Dragerwerk AG & Co. KGaA, Teijin Limited, DeVilbiss Healthcare LLC, GCE Healthcare, O2 Concepts, LLC, and Precision Medical Inc.,Others

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