Scope of the Study
Portable oxygen concentrators are used to deliver oxygen therapy to the patients. The oxygen that is provided by portable oxygen concentrators has higher level of concentration than ambient air. Key players are continuous focusing on new generation portable oxygen concentrators have become more mobile, the patients are able carry them more freely as they can be accommodated in a car.
The market study is being classified by Type (Portable Oxygen Concentrators and Stationary Oxygen Concentrators), by Application (Hospitals, Household and Ambulatory Surgical Centers and & Physician Offices) and major geographies with country level break-up. According to AMA, the Global Oxygen Concentrators market is expected to see growth rate of 8.7% and may see market size of USD2.01 Billion by 2024.
Chart Industries, Inc. (AirSep) (United States), Koninklijke Philips N.V. (Netherlands), Invacare Corporation (United States), DeVilbiss Healthcare LLC (United States), Nidek Medical (India), Inogen (United States), O2 Concepts (United States), Teijin Limited (Japan), Supera Anesthesia Innovations (United States) and GCE Group (Sweden) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Oxygen Concentrators market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Oxygen Concentrators market by Type, Application and Region.
On the basis of geography, the market of Oxygen Concentrators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Type, the sub-segment i.e. Pulse Flow will boost the Oxygen Concentrators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Worldwide Geriatric Population Means Rise in Homecare Oxygen Treatment
- Increasing Consumption of Tobacco Cause Respiratory Diseases
- Technological Advancements in the Portable Oxygen Concentrators
- Increasing Adoption of New Generation Mobile Based Portable Oxygen Concentrators
- High Price of Technologically Advanced Oxygen Concentrators
- Increasing Need of Providing Respiratory Solution or Support to Neonatal and Elderly Patients
- Lack of Awareness in Several Underdeveloped Nations
Key Target AudienceOxygen Concentrators Manufacturers, Oxygen Concentrators Distributors, Healthcare Institutions (Hospitals and Outpatient Clinics), Research Institutes, Organizations, and Consulting Companies, Venture Capitalists and Investors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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