Report Ocean (150+ country’s markets analyzed, function on 1,00000+ published and forthcoming reports every year.] presents a research report and top winning strategies for the Oxygen Concentrators. Best subject matter experts, researchers, and market research professionals organized this report in order to ensure that the information in it is compiled from the most authentic sources and that the forecast is of the highest accuracy. To forecast market growth, specialists employ a variety of methodologies and analytical approaches, including S.W.O.T. (analysis methods), P.E.S.T.E.L. analysis, and regression analysis. The Oxygen Concentrators study also looks at the various regulations and policies that the firm has implemented. This report discusses the industry in terms of research technology and precise prospective utilization, innovation, and future advancements in the Oxygen Concentrators.
The global oxygen concentrators market was valued at ~$3,200 million in 2020. The global oxygen concentrators market is forecast to grow at a CAGR of 5.85% during the forecast period from 2021-2027.
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Clinical and diagnostic uses for oxygen concentrators are common among medical care workers. Oxygen concentrators and compressed oxygen gas cylinders, for example, are significant medical oxygen gas systems that are largely used in homecare settings. These systems are typically used by elderly patients with mobility challenges and a need for a steady oxygen supply.
In certain chronic medical conditions such as chronic obstructive pulmonary disease (COPD), emphysema, and chronic bronchitis caused by smoking, additional oxygen is usually necessary to maintain adequate oxygen levels. There are also many types of oxygen systems available that deliver controlled amounts of oxygen to patients. In addition, medical oxygen gas is high-purity oxygen used to help cure disease in humans.
Factors Affecting the Global Oxygen Concentrators Market
- A growing number of people are being exposed to environmental pollution on a daily basis.
- The increase in the number of people who are susceptible to indoor air pollution, and a rise in smokers, have also contributed to the growth of this industry.
- Oxygen concentrators are expensive and regulated in a way that is preventing their growth.
- Growth opportunities exist for the oxygen concentrator market from emerging markets and growing geriatric populations in the forecast period.
Covid-19 Impact on the Global Oxygen Concentrators Market
Covid-19 prevalence is increasing worldwide, along with the prevalence of chronic diseases. During the Covid-19 pandemic, governments worldwide prioritized optimal use of the medical infrastructure. Additionally, both import and domestic manufacture of medical oxygen gas should be closely monitored to ensure uninterrupted supply to designated Covid-19 hospitals identified by the local administration.
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Regional Analysis of the Global Oxygen Concentrators Market
U.S. Centers for Disease Control and Prevention estimate that an analysis of severe respiratory illnesses, such as Covid-19, in the U.S. would result in the need for more than seven billion respirators. This need can be met by medical devices, including oxygen cylinders. It is the major contributor to the growth of the North American market for oxygen concentrators.
Due to the rising prevalence of chronic diseases, infectious diseases, and heart disease, Asia-Pacific is projected to have the highest CAGR during the forecast period. In addition, an increase in the number of hospitals equipped with advanced medical facilities contributes to the region’s strong growth.
Key Players in the Global Oxygen Concentrators Market
The major competitors in the global oxygen concentrators market include:
- Inogen, Inc.
- Invacare Corporation
- DeVilbiss Healthcare LLC
- Chart Industries, Inc. (AirSep)
- Supera Anesthesia Innovations
- Nidek Medical
- Koninklijke Philips N.V.
- O2 Concepts
- Teijin Limited
- GCE Group
- Other Prominent Players
Aim of the Report: The Global Oxygen Concentrators Market
The global oxygen concentrators market is segmented by End-User, Technology, Product, and Region.
Segmentation based on End-User
- Hospital
- Home Healthcare
- Ambulatory Surgical Centers & Physician Offices
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Segmentation based on Technology
- Pulse Flow
- Continuous Flow
Segmentation based on Product
- Portable
- Fixed
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
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- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Oxygen Concentrators Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Oxygen Concentrators market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Oxygen Concentrators Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Oxygen Concentrators market Size Forecast (2023-2030).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Oxygen Concentrators market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Oxygen Concentrators market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Oxygen Concentrators market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Oxygen Concentrators business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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