Oxygen Concentrator Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
310272 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Oxygen Concentrator market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Oxygen Concentrator is projected to rise moderately in the projected time frame of 2023-2030.
An oxygen concentrator is a device which concentrates the oxygen from a gas supply (typically ambient air) to supply an oxygen-enriched gas stream. Oxygen concentrators typically use pressure swing adsorption (PSA) technology and are used very widely for oxygen provision in healthcare applications, especially where liquid or pressurized oxygen is too dangerous or inconvenient, such as in homes or in portable clinics. For other purposes there are also concentrators based on membrane technology.
The market for oxygen concentrators has undergone significant changes and improvement with the introduction of portable technology. The devices have become lighter, more powerful and affordable, leading to increasing demand in the homecare department. Rising worldwide geriatric population means rise in homecare oxygen treatment. People with respiratory conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis and emphysema have benefitted greatly with innovations in oxygen concentrator technology. Some of the new and improved versions of the standard large and bulky devices include AirSep\'s LifeStyle Portable Oxygen Concentrator, Inogen One G3, VBOX Trooper, EverGo, Invacare XPO2 and iGo. As the demand for lighter technology by consumers and need for better mobility support for the aged rises, new competitors enter the market, thereby driving innovations. This has resulted in high-quality devices at lower prices.
The U.S. accounts for the largest share of the global oxygen concentrator market, followed by Europe, due to growing consumer awareness, rising incidences of COPD and demographic changes. After the Federal Aviation Administration approved the onboard use of certain portable oxygen concentrators, its applications have widened. Among the Asia-Pacific countries, India, China, Australia and Japan have been identified as emerging markets, and Latin American nations such as Brazil and Mexico are expected to register substantial growth.
The global Oxygen Concentrator market is valued at 1300 million US$ in 2020 and will reach 2350 million US$ by the end of 2030, growing at a CAGR of 8.8% during 2023-2030. The objectives of this study are to define, segment, and project the size of the Oxygen Concentrator market based on company, product type, end user and key regions.
This report studies the global market size of Oxygen Concentrator in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Oxygen Concentrator in these regions.
This research report categorizes the global Oxygen Concentrator market by top players/brands, region, type and end user. This report also studies the global Oxygen Concentrator market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Objectives of Research:
The overview of the global Oxygen Concentrator market
Report comprised of the market companies, to describe and define and analyze the Oxygen Concentrator market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Braun and Company, Air Liquide, CareFusion, Chart Industries, DeVilbiss Healthcare, Drive Medical, Respiration Equipment, Respironics, Providence Global Medical, Intersurgical, Eget Hi-Tech, Race Medical
Market by Order Type
Portable
Fixed Market size by End User
Home Care
Non-Home Care
Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Oxygen Concentrator market comprising definition
Oxygen Concentrator Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global Oxygen Concentrator market
Oxygen Concentrator Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global Oxygen Concentrator market?
What are the growth strategies of the key players to sustain hold at intervals in the global Oxygen Concentrator market?
Oxygen Concentrator Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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