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Medical Oxygen Concentrators Market Regional Growth

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Riya Ranade

Medical Oxygen Concentrators Market 2021

An Oxygen Concentrator is a medical device utilized for supplying oxygen to individuals with disorders related to breathing. A physician prescribes a flow or setting to address the patient's respiratory condition. 

Increasing Prevalence of Respiratory Diseases Across Globe

The global medical oxygen concentrators market is primarily driven by soaring respiratory diseases such as asthma, COPD, and cystic fibrosis. The major reason for the upsurge in these diseases is the polluted air typically caused by smoking tobacco, toxic particles, fumes, and allergens.

According to the WHO, each year, globally, more than 65 million people suffer from Chronic Obstructive Pulmonary Diseases (COPD), and more than 3 million people die from it. Moreover, Asthma is the most widespread chronic disease among children worldwide. More than 339 million people live with asthma, and over 80% of asthma-related deaths occur in low-and lower-middle-income countries.

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Key Players

Koninklijke Philips N.V. (Netherlands)
Chart Industries, Inc. (US)
Invacare Corporation (US)
DeVilbiss Healthcare LLC (US)
Nidek Medical (India)
Inogen (US)
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Recent Developments

In May 2016, the Federal Aviation Administration (FAA) allowed many portable oxygen concentrators to be carried onto airplanes. Multiple international airlines have adopted the rules regarding specific models, but passengers should check with their airline carrier before flying for information regarding POC use rules.

Medical Oxygen Concentrators Market: Segmentation

By Product
Portable
Stationary
By Technology
Continuous Flow
Pulse Flow
By End-User
Home Care Settings
Hospitals
Ambulatory Surgical Centers
Others
Years that have been considered for the study of this report are as follows:

  • History Year: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year: 2021 to 2029

Regional Segmentation:

  • North America (The US, Canada, and Mexico)
  • Europe (Germany, France, the UK, and Rest of the World)
  • Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
  • Latin America (Brazil and Rest of Latin America.)
  • Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Medical Oxygen Concentrators Market along with their company profiles, SWOT analysis, latest advancement and business plans.

Explore Full Report with Detailed TOC, Charts, Tables and Figures@
https://straitsresearch.com/report/Medical Oxygen Concentrators-Market

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