UAE Oxygen Concentrators Market to grow with a CAGR of 5.01% through 2029
Increasing healthcare
infrastructure and a supportive regulatory environment are the major drivers
for the UAE Oxygen Concentrators Market.
According to TechSci Research
report, “UAE Oxygen Concentrators Market - By Region, Competition, Opportunities and
Forecast, 2019-2029F”, UAE Oxygen Concentrators Market has valued at USD 19.35 million in 2023 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 5.01% through 2029. This can be due to collaborations and
partnerships among leading companies with a diverse approach to merge the
expertise of individual companies and to strengthen their position in the
market.
COVID-19 primarily affects the respiratory system, causing symptoms such as shortness of breath and hypoxemia. Oxygen concentrators have been crucial for supporting patients, especially during the pandemic’s peak when hospital capacities were overwhelmed. The preference for home care led to increased use of concentrators, which provided essential oxygen therapy and helped reduce the burden on healthcare facilities. The global surge in cases also created shortages of medical oxygen, making concentrators a vital alternative to traditional cylinders and supporting those with mild to moderate symptoms in home settings.
The pandemic heightened the awareness of oxygen therapy’s importance, leading to a sustained demand for concentrators. International aid, including donations, underscored their critical role, while the shift towards home healthcare integrated these devices into everyday care. Investments in healthcare infrastructure, including concentrators, have been made to prepare for future health emergencies. Telehealth and remote monitoring further emphasized the value of concentrators with connectivity features. Persistent COVID-19 effects and increased awareness of global oxygen access disparities continue to drive demand, particularly in markets such as the UAE.
Oxygen concentrators require a continuous and stable power supply. As energy costs rise, manufacturers, distributors, and healthcare facilities may experience increased operating expenses, potentially impacting overall production and operational costs. The manufacturing process of oxygen concentrators involves various energy-intensive stages, including the production of components, assembly, and testing. Higher energy costs can contribute to increased manufacturing expenses, potentially affecting the pricing of the devices. Rising energy costs may lead to higher production expenses, which, in turn, can affect the overall affordability of oxygen concentrators. If manufacturers pass on the increased costs to consumers, it might impact the accessibility of these essential medical devices. Energy costs are a factor in transportation and logistics, influencing the expenses associated with the supply chain. Higher energy costs can contribute to increased transportation costs for the delivery of oxygen concentrators to distributors and end-users.
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UAE Oxygen Concentrators
Market is segmented based on Type, Technology, Flowrate, Distribution Channel,
Offering, Application, End Users, and by Region
Based on end user, In 2023, the UAE Oxygen
Concentrators Market largest share was held by Hospitals & Clinics segment
in the forecast period and is predicted to continue expanding over the coming
years. Hospitals and clinics have medical
professionals who can provide proper guidance on the use of oxygen
concentrators. Patients often feel more confident using medical devices under
the supervision of healthcare professionals, and this contributes to a higher
adoption of oxygen concentrators in healthcare settings. Hospitals deal with a
wide range of medical conditions, including acute respiratory illnesses that
require immediate and intensive care. Oxygen concentrators are essential in
providing respiratory support to patients with conditions like pneumonia,
asthma exacerbations, and chronic obstructive pulmonary disease (COPD).
Inpatient settings within hospitals often require a continuous and reliable
supply of medical oxygen. Oxygen concentrators are convenient for use within
hospital premises, ensuring that patients receive the necessary respiratory
support during their stay. Hospitals need to be well-equipped for emergency
situations, and having a significant share in the oxygen concentrators market
allows them to be prepared for patients with respiratory emergencies,
especially during times of increased demand such as the COVID-19 pandemic.
Certain hospital departments, such as intensive care units (ICUs) and
respiratory care units, heavily rely on oxygen concentrators to manage
critically ill patients. These specialized units contribute significantly to
the overall demand for oxygen concentrators in hospital settings.
Some of the major companies
operating in the UAE Oxygen Concentrators Market include:
- Philips Healthcare Middle East
- Atlas Medical LLC
- Invacare Corp (UAE)
- GCE Group (UAE)
- Drive DeVilbiss Healthcare
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“The
UAE Oxygen Concentrators Market is witnessing significant growth driven by
rising respiratory disorders and an aging population. Demand for portable and
efficient concentrators is on the rise, spurred by technological advancements
and the convenience they offer for homecare. An increasing focus on healthcare
infrastructure development and the prevalence of COVID-19 have also bolstered
market expansion. The market is witnessing a trend towards lightweight and
user-friendly designs, catering to a more mobile lifestyle. Furthermore,
government initiatives promoting accessibility to healthcare equipment and a
surge in healthcare spending are propelling market growth. With these trends,
the UAE Oxygen Concentrators Market is poised for continued advancement and
innovation", said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based Global management consulting firm.
"UAE Oxygen Concentrators Market By Type (Portable, Stationary), By Technology (Pulse Flow, Continuous Flow, Continuous/Pulse), By Flow-rate (0-51/min, 5-101/min, Above 101/min), By Distribution Channel (Wholesalers/Distributors/Suppliers, Online, Direct Sales), By Offering (Rental, New Sales), By Application (COPD, Lung Cancer, Asthma, COVID-19, Others), By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care), By region, Competition, Forecast & Opportunities, 2019-2029F", has evaluated the future growth potential of UAE
Oxygen Concentrators Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide innovative
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in UAE Oxygen Concentrators
Market.
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