Medical Oxygen Concentrators Market: Global Market Estimation
Medical Oxygen Concentrators Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
(EMAILWIRE.COM, November 29, 2017 ) The global medical oxygen concentrators market report gives a comprehensive outlook on medical oxygen concentrators devices across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). The report on medical oxygen concentrators market gives historical, current, and future market sizes (U S$ Mn) on the basis of product type, technology, application, end user, and geographic regions. This report studies medical oxygen concentrators market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the medical oxygen concentrators market report includes technology advancements; regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed medical oxygen concentrators market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the medical oxygen concentrators market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in manufacturing, supply and usage of medical oxygen concentrators.
A sample of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-4H8Z4LpNMLEuOnnx
Global Medical Oxygen Concentrators Market:
Global medical oxygen concentrators market estimated to be valued US$ 1014 Mn in 2017 and poised to grow at CAGR of 8.5% over 2017-2023. The market for medical oxygen concentrators projected to reach US$ 1658 Mn by 2023 owing to growing geriatric population, the incidence of various respiratory disorders, and technology advances in oxygen concentrators.
Technology advances in oxygen concentrators driving the market revenue growth across the geographies
Players in the oxygen concentrators market increasingly shifting focus from mere offering cost-effective products to value-based products to improve the usability of the devices by the consumers. In this regard, players came up with oxygen concentrators with features like compact and lighter weight devices with variable oxygen supply capacity to address the growing consumer demand. The advances in product development likely to impact oxygen concentrators market growth positively over the forecast period. Moreover, several oxygen concentrators are available with different flow rate such as continuous and pulse flow devices, which are digitally monitored to help in the improved usability in across patient groups in hospital and homecare setups, which are advancing medical oxygen concentrators market revenue growth across the globe.
To view TOC of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-c654SbFYO64MsOhu
Favorable patient dynamics likely to create favourable growth opportunities for the players
The growing ageing populations, who are vulnerable to several respiratory diseases, are expected to drive the market revenue growth over the forecast period. For Instance, in 2016, according to World Bank population statistics, population ages 65 and above is estimated to be around 8.5% of total population and projected to grow geriatric population over the forecast period, which in turn affect the market growth positively. Moreover, Chronic Obstructive Pulmonary Disease (COPD) patients are increasingly adopting oxygen concentrators for COPD management; this would drive the market revenue growth. For instance, in 2015, according to WHO, COPD estimated to cause three million deaths globally. In addition, growing consumptions of cigarettes, marijuana, and rising air pollution causing respiratory diseases, this, in turn, propels the adoption of oxygen concentrators across the patient groups.
North America market led the global medical oxygen concentrators demand
North America market leads the global medical oxygen concentrators market and projected to remain dominant over the forecast period owing to favourable reimbursement policies, well-developed homecare services in the region. Asia-pacific medical oxygen concentrators market projected to grow at significant CAGR over the forecast period owing to large patient population and increasing incidence of various respiratory diseases in the region.
Need more information about this report @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-14mlyhjMGhVjZqa3
Competition Assessment
Key players profiles in the global Medical Oxygen Concentrators market include:
• Chart Industries, Inc. (U.S.)
• Medtronic plc. (U.S)
• DeVilbiss Healthcare LLC (U.S)
• GCE Group (Sweden)
• Inogen (U.S)
• Invacare Corporation (U.S)
• Koninklijke Philips N.V. (Netherlands)
• Linde Healthcare (Germany)
• Nidek Medical products, Inc. (U.S)
• O2 Concepts, LLC (U.S)
• Oxus America (U.S)
• Oxygen to Go, LLC (U.S)
• Teijin Limited (Japan)
Players in the medical oxygen concentrators market are focusing on introducing technologically advanced products with improved safety features to garner larger market share. For instance, in 2016, GCE Healthcare launched Zen-O Lite, a lightweight portable oxygen concentrator that helps people with respiratory diseases to stay active.
Detailed Segmentation
By Product Type
• Portable Oxygen Concentrators
• Stationary Oxygen Concentrators
By Technology
• Pulse Dose Oxygen Concentrators
• Continuous Flow Oxygen Concentrators
By Application
• Asthma
• COPD
• Cystic Fibrosis
• Others
• Pneumonia
By End User
• Hospitals
• Clinics
• Ambulatory Surgical Centers (ASC)
• Homecare
• Travel Agents
Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 – 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
A sample of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-4H8Z4LpNMLEuOnnx
Global Medical Oxygen Concentrators Market:
Global medical oxygen concentrators market estimated to be valued US$ 1014 Mn in 2017 and poised to grow at CAGR of 8.5% over 2017-2023. The market for medical oxygen concentrators projected to reach US$ 1658 Mn by 2023 owing to growing geriatric population, the incidence of various respiratory disorders, and technology advances in oxygen concentrators.
Technology advances in oxygen concentrators driving the market revenue growth across the geographies
Players in the oxygen concentrators market increasingly shifting focus from mere offering cost-effective products to value-based products to improve the usability of the devices by the consumers. In this regard, players came up with oxygen concentrators with features like compact and lighter weight devices with variable oxygen supply capacity to address the growing consumer demand. The advances in product development likely to impact oxygen concentrators market growth positively over the forecast period. Moreover, several oxygen concentrators are available with different flow rate such as continuous and pulse flow devices, which are digitally monitored to help in the improved usability in across patient groups in hospital and homecare setups, which are advancing medical oxygen concentrators market revenue growth across the globe.
To view TOC of this report is available upon request @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-c654SbFYO64MsOhu
Favorable patient dynamics likely to create favourable growth opportunities for the players
The growing ageing populations, who are vulnerable to several respiratory diseases, are expected to drive the market revenue growth over the forecast period. For Instance, in 2016, according to World Bank population statistics, population ages 65 and above is estimated to be around 8.5% of total population and projected to grow geriatric population over the forecast period, which in turn affect the market growth positively. Moreover, Chronic Obstructive Pulmonary Disease (COPD) patients are increasingly adopting oxygen concentrators for COPD management; this would drive the market revenue growth. For instance, in 2015, according to WHO, COPD estimated to cause three million deaths globally. In addition, growing consumptions of cigarettes, marijuana, and rising air pollution causing respiratory diseases, this, in turn, propels the adoption of oxygen concentrators across the patient groups.
North America market led the global medical oxygen concentrators demand
North America market leads the global medical oxygen concentrators market and projected to remain dominant over the forecast period owing to favourable reimbursement policies, well-developed homecare services in the region. Asia-pacific medical oxygen concentrators market projected to grow at significant CAGR over the forecast period owing to large patient population and increasing incidence of various respiratory diseases in the region.
Need more information about this report @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/#ulp-14mlyhjMGhVjZqa3
Competition Assessment
Key players profiles in the global Medical Oxygen Concentrators market include:
• Chart Industries, Inc. (U.S.)
• Medtronic plc. (U.S)
• DeVilbiss Healthcare LLC (U.S)
• GCE Group (Sweden)
• Inogen (U.S)
• Invacare Corporation (U.S)
• Koninklijke Philips N.V. (Netherlands)
• Linde Healthcare (Germany)
• Nidek Medical products, Inc. (U.S)
• O2 Concepts, LLC (U.S)
• Oxus America (U.S)
• Oxygen to Go, LLC (U.S)
• Teijin Limited (Japan)
Players in the medical oxygen concentrators market are focusing on introducing technologically advanced products with improved safety features to garner larger market share. For instance, in 2016, GCE Healthcare launched Zen-O Lite, a lightweight portable oxygen concentrator that helps people with respiratory diseases to stay active.
Detailed Segmentation
By Product Type
• Portable Oxygen Concentrators
• Stationary Oxygen Concentrators
By Technology
• Pulse Dose Oxygen Concentrators
• Continuous Flow Oxygen Concentrators
By Application
• Asthma
• COPD
• Cystic Fibrosis
• Others
• Pneumonia
By End User
• Hospitals
• Clinics
• Ambulatory Surgical Centers (ASC)
• Homecare
• Travel Agents
Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/global-medical-oxygen-concentrators-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 – 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Contact Information:
Precision Business Insights
Sales
Tel: +1-866-598-1553
Email us
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Precision Business Insights
Sales
Tel: +1-866-598-1553
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results