Future of South America Oxygen Concentrators Market: Key Dynamics, Size & Share Analysis

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. The market is driven by the advanced healthcare infrastructure, higher healthcare spending, and dense population in Brazil, which give it a competitive advantage over other countries in the region. However, there are untapped opportunities in many South American countries due to limited healthcare access and low disease awareness. Argentina, for example, has a potential market for respiratory equipment, given its substantial number of health professionals and hospitals.

Top Challenges Impacting the South America Oxygen Concentrators Market Growth

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.

Understanding the Core Segments in the South America Oxygen Concentrators Market

South America Oxygen Concentrators Market Size, Share & Industry Trends Analysis- By Product Type (Portable, Fixed), By Technology, (Continuous Flow, Pulse Flow), By End User (Hospitals, Home Healthcare, Ambulatory Surgical Centers & Physician Offices.

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Geographical Analysis of the South America Oxygen Concentrators Market

  • Brazil
  • Argentina
  • Chile
  • Columbia
  • Rest of South America

Among the countries in South America, Brazil has emerged as the dominant player in the global industry due to changes in food and lifestyle. 

Who Dominates the South America Oxygen Concentrators Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

  • Philips Healthcare
  • ResMed Inc.
  • Inogen Inc.
  • Invacare Corporation
  • Dragerwerk AG & Co. KGaA
  • Teijin Limited
  • DeVilbiss Healthcare LLC
  • GCE Healthcare
  • O2 Concepts, LLC
  • Precision Medical Inc. and others.

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