Press release
Portable Oxygen Concentrators Market Demands with Major Eminent Vendors: Precision Medical, Invacare Corporation, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Inogen, Chart Industries, Koninklijke Philips N.V., O2 Concepts, GCE Group, Nidek Medical
Portable Oxygen Concentrators Market
Portable Oxygen Concentrators - Competitive Analysis:
The major players operating in the global portable oxygen concentrators market emphasize on product development and innovation to introduce advanced solutions in the market and secure a competitive advantage over other market players. For instance, in May 2016, Inogen, Inc., a provider of respiratory products for homecare settings launched the ultra-portable Inogen One G4 portable oxygen concentrator. In July 2016, the company received permission to allow the Inogen One G4 to be used onboard commercial aircrafts. Some of the key players operating in this market are, Precision Medical, Inc., Invacare Corporation, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Inogen, Inc., Chart Industries, Inc., Koninklijke Philips N.V., O2 Concepts, LLC., GCE Group, Nidek Medical Products, Inc., Inova Labs, Inc. (a part of ResMed Inc.), Teijin Limited, Besco Medical Co., LTD. and Oxus America.
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Portable Oxygen Concentrators - Industry Trend Analysis:
The global portable oxygen concentrators market is expected to be around $1 billion by 2025. Some of the major factors driving the market growth are high prevalence of severe obstructive pulmonary diseases, favorable government initiatives and convenience of usage. Increasing geriatric population is also expected to favorably contribute to the growth of this market during the forecast period as older adults are more susceptible to respiratory infections such as pulmonary hypertension, COPD and asthma.According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such significant increase in older population, the demand for portable oxygen concentrators is expected to significantly increase during the forecast period. However, factors such as stringent approval process for portable oxygen concentrators laid by agencies such as FDA can hamper the market growth during the forecast period.
Portable Oxygen Concentrators - Product Outlook and Trend Analysis:
Pulse flow portable oxygen concentrators segment held a major share of the overall market in 2016 owing to the convenience of controlled oxygen delivery as compared to a continuous flow oxygen concentrator. It pulses air into the breather’s nasal passage way with each breath through a cannula. Continuous flow oxygen concentrator continuously delivers oxygen at a specific and steady rate.
Portable Oxygen Concentrators Market Segmentation:
Portable Oxygen Concentrators - By Product:
Pulse Flow Portable Oxygen Concentrators
Continuous Flow Portable Oxygen Concentrators
Portable Oxygen Concentrators - By End User:
Homecare
Travel Agents
Hospitals
Ambulatory Surgical Centers
Portable Oxygen Concentrators - End User Outlook and Trend Analysis:
Homecare segment dominated the portable oxygen concentrators market holding a major market share in 2016 due to increasing prevalence of geriatric population around the world who prefer homecare settings instead of a hospital setting. Moreover, favorable reimbursement policies for portable oxygen concentrators for homecare will further boost the growth of this segment over the forecast period.
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Portable Oxygen Concentrators - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Portable Oxygen Concentrators - Regional Outlook and Trend Analysis:
North America dominated the global portable oxygen concentrators market in 2016 due to high prevalence chronic respiratory disorders and technological advancements resulting in development and commercialization of advanced oxygen concentrator systems. Asia-Pacific portable oxygen concentrators market is expected to witness fastest growth over the forecast period owing to increasing prevalence of geriatric population in the region and increased disposable income in emerging countries such as China and India making homecare oxygen concentrators affordable for the patients.
Portable Oxygen Concentrators - List of Tables:
Table 1.Global Portable Oxygen Concentrators Market, By Product ($Million), 2016-2025
Table 2.Pulse Flow Portable Oxygen Concentrators Market, By Region ($Million), 2016-2025
Table 3.Continuous Flow Portable Oxygen Concentrators Market, By Region ($Million), 2016-2025
Table 4.Global Portable Oxygen Concentrators Market, By End User ($Million), 2016-2025
Table 5.Homecare Market, By Region ($Million), 2016-2025
Table 6.Travel Agents Market, By Region ($Million), 2016-2025
Table 7.Hospitals Market, By Region ($Million), 2016-2025
Table 8.Ambulatory Surgical Centers Market, By Region ($Million), 2016-2025
...
Portable Oxygen Concentrators - List of Figures:
Figure 1.Global Portable Oxygen Concentrators Market Share, By Product, 2016 & 2025
Figure 2.Portable Oxygen Concentrators Market, By End User, 2016, ($Million)
Figure 3.Portable Oxygen Concentrators Market, By Region, 2016, ($Million)
Figure 4.Invacare Corporation: Net Revenues, 2014-2016 ($Million)
Figure 5.Invacare Corporation: Net Revenue Share, By Segment, 2016
Figure 6.Invacare Corporation: Net Revenue Share, By Geography, 2016
Figure 7.Inogen, Inc.: Net Revenues, 2014-2016 ($Million)
Figure 8.Inogen, Inc.: Net Revenue Share, By Segment, 2016
...
FEATURES OF THE REPORT:
1. The analysis of Portable Oxygen Concentrators market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
2. The key players in the market and their share in the global market are discussed.
3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
4. The Portable Oxygen Concentrators market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
5. The latest trends that are being followed in the market are included along with an example.
6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
7. The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
Discuss our expert team: https://www.crystalmarketresearch.com/send-an-enquiry/HC09206 .
As the report further, it explains developing plans and policies, making processes, cost structures of Portable Oxygen Concentrators market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Portable Oxygen Concentrators market, market statistics of Portable Oxygen Concentrators market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.
Continued…
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