The Global Medical Oxygen Concentrators and Cylinders Market was valued at USD 4.51 Billion in 2023 and is projected to reach USD 6.76 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2023–2032). This expansion is driven by rising COPD prevalence, an aging global population, and increased demand for home healthcare respiratory solutions post-pandemic.
As healthcare systems worldwide upgrade their oxygen therapy infrastructure, industry leaders are innovating with portable technologies and smart oxygen delivery systems. This analysis spotlights the Top 10 Companies in the Medical Oxygen Concentrators and Cylinders Industry—manufacturers and distributors setting benchmarks in respiratory care technology.
🔟 10. CAIRE Inc. (AirSep)
Headquarters: Ball Ground, Georgia, USA
Key Offerings: Portable oxygen concentrators, stationary systems, aviation oxygen solutions
Acquired by Chart Industries in 2019, CAIRE specializes in oxygen technology for medical and aviation applications, with FDA-cleared portable concentrators designed for active lifestyles.
Innovation Highlights:
- FreeStyle portable concentrator (1.75 lbs with 8-hour battery)
- Pulse-dose and continuous flow oxygen delivery
- Oxygen purity indicators with real-time monitoring
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9️⃣ 9. NGK Spark Plug Co., Ltd.
Headquarters: Nagoya, Japan
Key Offerings: Medical oxygen concentrators, industrial gas equipment
The Japanese manufacturer leverages its ceramic technology from spark plugs to produce durable molecular sieves for oxygen concentrators, supplying hospitals across Asia.
Technical Capabilities:
- PSA technology with 93% oxygen purity
- 5,000-hour filter lifespan
- Energy-efficient hospital-grade systems
8️⃣ 8. Yuyue Medical Equipment & Supply Co., Ltd.
Headquarters: Danyang, China
Key Offerings: Home/portable concentrators, oxygen cylinders, CPAP devices
China’s largest domestic oxygen equipment manufacturer commands 60% of its national market with competitively priced FDA/CE-certified products.
Market Position:
- Annual production capacity of 1.2 million units
- Overseas expansion in Africa and Southeast Asia
- Integrated R&D and manufacturing facilities
7️⃣ 7. Teijin Pharma Limited
Headquarters: Tokyo, Japan
Key Offerings: Portable oxygen concentrators, homecare oxygen systems
The Japanese healthcare leader pioneered wearable oxygen technologies, holding 45% of Japan’s home oxygen therapy market through its Teijin Oxygen brand.
Breakthrough Technologies:
- World’s lightest portable concentrator (0.95kg with battery)
- Auto-adjusting oxygen flow based on activity
- Cloud-connected patient monitoring systems
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Medical Oxygen Concentrators and Cylinders Market – View in Detailed Research Report
6️⃣ 6. ResMed
Headquarters: San Diego, California, USA
Key Offerings: Mobi portable oxygen concentrators, respiratory solutions
The sleep therapy leader expanded into oxygen solutions through acquisitions, integrating oxygen delivery with its digital health ecosystem.
Clinical Advantages:
- FDA-cleared Mobi portable system (1.2kg)
- Synchronized with AirView remote monitoring
- Prescription dose verification technology
5️⃣ 5. Invacare Corporation
Headquarters: Elyria, Ohio, USA
Key Offerings: HomeFill oxygen systems, stationary concentrators
A pioneer in home medical equipment, Invacare’s HomeFill system allows patients to refill oxygen cylinders at home using concentrators.
Patented Innovations:
- Oxygen conserving technology for extended cylinder life
- Integrated cylinder filling stations
- Compliant with Medicare reimbursement requirements
4️⃣ 4. Koninklijke Philips N.V.
Headquarters: Amsterdam, Netherlands
Key Offerings: Portable oxygen concentrators, respiratory monitors
Philips’ digital health ecosystem optimizes oxygen therapy through connected devices and AI-driven insights across 100+ countries.
Digital Integration:
- Remote Patient Monitoring via Care Orchestrator
- Automated prescription adherence tracking
- Predictive maintenance alerts for devices
3️⃣ 3. DeVilbiss Healthcare
Headquarters: Somerset, Pennsylvania, USA
Key Offerings: Home oxygen concentrators, portable solutions
A Drive DeVilbiss subsidiary, this US manufacturer supplies durable medical equipment providers with intelligent oxygen delivery systems.
Therapy Technologies:
- SmartDose technology for demand-based oxygen flow
- Connectivity-enabled devices for telehealth
- Energy-efficient stationary units
2️⃣ 2. Linde plc
Headquarters: Guildford, UK
Key Offerings: Medical oxygen systems, cylinder networks
The industrial gas giant operates the world’s largest medical oxygen infrastructure, supplying hospitals and homecare patients globally.
Operational Scale:
- 10,000+ medical gas filling stations
- Cryogenic and PSA oxygen production
- Integrated homecare service networks
1️⃣ 1. Inogen, Inc.
Headquarters: Goleta, California, USA
Key Offerings: Portable oxygen concentrators, therapy services
This pure-play oxygen therapy company revolutionized portable oxygen delivery with patented pulse-dose technology, capturing over 60% of the US portable market.
Market Leadership:
- 200+ patents in portable oxygen technology
- Direct-to-consumer sales and rental model
- Proprietary Intelligent Delivery Technology
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Medical Oxygen Concentrators and Cylinders Market – View in Detailed Research Report
🌍 Market Outlook: The Evolving Landscape of Oxygen Therapy
The medical oxygen industry is undergoing transformation through innovation in portability, connectivity, and patient-centered designs.
📈 Key Market Drivers:
- Global COPD prevalence increasing to 5.4% of adults (WHO)
- Expanding home healthcare infrastructure post-COVID
- Technological advances in portable oxygen delivery
- Improved insurance reimbursement policies
💡 Emerging Technologies:
- Wearable oxygen concentrators under 2kg
- IoT-enabled remote therapy monitoring
- AI-powered oxygen flow optimization
- Advanced battery technologies extending runtime
Get Full Report Here:
Medical Oxygen Concentrators and Cylinders Market – View in Detailed Research Report
The companies profiled represent industry pioneers driving innovation in oxygen therapy, empowering respiratory patients worldwide through cutting-edge solutions.