Oxygen Generator Market Report 2025

The oxygen generator market size has grown strongly in recent years. It will grow from $3.8 billion in 2024 to $4.15 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the past period was driven by an aging population, increased demand for oxygen in welding and metal cutting, its use in beverage carbonation, the need for customizable oxygen solutions, rising population density, and urbanization.

The oxygen generator market size is expected to see strong growth in the next few years. It will grow to $5.89 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. Future growth is expected to be fueled by increasing demand for medical oxygen in healthcare, a rising prevalence of respiratory diseases, expansion in the manufacturing sector, greater awareness of air quality concerns, and growing demand for oxygen in water treatment processes. Key trends in the forecast period include advancements in oxygen generation technology, the development of portable oxygen generators, improvements in energy efficiency, collaborations between technology companies and healthcare providers, and the integration of IoT technology into oxygen systems.

The rise in respiratory disorders is expected to drive the growth of the oxygen generator market. Respiratory disorders encompass a range of diseases that affect the lungs and other parts of the respiratory system, leading to breathing difficulties and impaired gas exchange. The increase in respiratory disorders is largely due to factors such as rising air pollution, smoking, occupational hazards, and climate change. Oxygen generators offer a continuous supply of concentrated oxygen, helping patients with respiratory diseases breathe more easily and maintain adequate oxygen levels. For example, in December 2023, the National Library of Medicine, a U.S.-based medical library, projected that the global number of chronic obstructive pulmonary disease (COPD) cases among those aged 25 and older would rise by 23% by 2050, reaching nearly 600 million. This growing incidence of respiratory disorders is thus fueling the demand for oxygen generators.

Companies in the oxygen generator market are focusing on technological innovations, such as on-site oxygen generators, to improve efficiency, reduce operational costs, and provide a consistent and reliable oxygen supply for medical, industrial, and emergency applications. On-site oxygen generators produce oxygen directly at the location where it is needed by using ambient air, eliminating the need for external oxygen sources. For instance, in September 2024, Atlas Copco AB, a Sweden-based manufacturer, launched the next-generation OGP 2-225 oxygen generator. This model is designed for optimal performance and energy efficiency, producing oxygen with up to 93% purity. Available in various sizes, it caters to industrial operations that require a reliable oxygen supply. The OGP 2-225 also incorporates advanced technology for easy installation, control, and monitoring, which enhances operational savings and reduces dependence on external oxygen supply sources.

In January 2022, NOVAIR S.A.S., a France-based industrial machinery company, acquired Oxygen Generating Systems International Inc. to enhance its medical and industrial gas production capabilities. This acquisition expands NOVAIR's product offerings in oxygen and nitrogen generation systems. Oxygen Generating Systems International Inc., a U.S.-based manufacturer, specializes in industrial and medical oxygen generators.

Major players in the oxygen generator market are Linde plc, Air Liquide S.A., Koninklijke Philips N.V., Atlas Copco, Air Products and Chemicals Inc., Chart Industries Inc., Invacare Corporation, GENERON, CAIRE Inc., Mikropor, GCE Group, Precision Medical Inc., HyGear Technology Ltd., Oxymat A/S, Omega Air, On Site Gas Systems, Noxerior, INMATEC GaseTechnologie GmbH & Co. KG, Delta P S.r.l., SYSADVANCE, Novair Medical Inc., Oxair Gas Systems Pty Ltd, Foshan Care Medical Technology Co. Ltd., Advanced Gas Technologies, Oxysystems Ltd, and Oxynitra.

North America was the largest region in the oxygen generator market in 2024. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oxygen generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An oxygen generator is a device that extracts oxygen from the air using techniques such as pressure swing adsorption (PSA) or membrane separation. It provides a continuous supply of concentrated oxygen for various applications, including medical, industrial, and aerospace fields, eliminating the need for frequent refills or storage.

The primary types of oxygen generators include small and large pressure swing adsorption (PSA) oxygen generators. Small PSA oxygen generators are designed for producing limited oxygen quantities, making them ideal for small-scale applications and specific medical needs. Oxygen generation technologies encompass cryogenic separation, pressure swing adsorption, and membrane technology, with applications spanning medical, industrial, aerospace, wastewater treatment, and research and development sectors.

The oxygen generator market research report is one of a series of new reports that provides oxygen generator market statistics, including the oxygen generator industry's global market size, regional shares, competitors with a oxygen generator market share, detailed oxygen generator market segments, market trends and opportunities, and any further data you may need to thrive in the oxygen generator industry. This oxygen generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The oxygen generator market consists of sales of portable oxygen concentrators, stationary oxygen concentrators, liquid oxygen systems, and oxygen delivery accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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