Homecare Oxygen Concentrators Market 2018 Analysis and Growth By Top Key Players; Invacare, AirSep, Yuwell, BOC Healthcare, Covidien, Teijin, Precision Medical, Nidek Medical, Drive DeVilbiss Healthcare, and Philips Healthcare dominated the Overall Market

The detailed report of Homecare Oxygen Concentrators Market evaluated by skilled experts is segmented into Application and Product. The Homecare Oxygen Concentrators Market is anticipated to witness considerable development in the following years from 2018-2025.

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Regional Outlook and Trend Analysis:
U.S. dominated the global market in 2016, due to sedentary lifestyle and growing aging population with increasing incidence of respiratory diseases and favorable reimbursement policies in the U.S. Asia-Pacific market is poised to grow at the highest CAGR during the forecast period, due to growing standard of living, more disposable income of individuals and rise in demand better health care services.

Major Key Players:
Companies such as Invacare, AirSep, Yuwell, BOC Healthcare, Covidien, Teijin, Precision Medical, Nidek Medical, Drive DeVilbiss Healthcare, and Philips Healthcare dominated the overall market. This market is witnessing entries of many new entrants in each segment, due to introduction of 2012 U.S. FDA Safety and Innovation Act.

Industry Overview and Trend Analysis:
Homecare oxygen concentrators market is projected to be around $1.6 billion by 2025. Increasing aging population is one of the major factors responsible for the market growth. According to UN, geriatric population is expected to reach more than 2 billion by 2050. Aging populations is at more risk of developing respiratory infections such as asthma, pulmonary hypertension, and COPD that will boost demand for oxygen concentrators leading to increase in market growth. Increasing spending of people, various government initiatives to spread awareness about disease and increasing geriatric population will stimulate industry growth. Rise in consumption of cigarettes and continuous exposure to dust and other pollutants will shoot up demand for oxygen concentrators as it increases prevalence of COPD. However, presence of strict approval guidelines by U.S. FDA and time consuming process for approval and strict government guidelines for use and disposing of such products will slow down the market growth.

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Market Opportunities:
Global homecare oxygen concentrators market is driven by strategic developments and innovations. This segment has undergone many changes and improvement with the introduction of portable devices. The approval from Federal Aviation Administration for onboard use of portable cylinders opened up many opportunities for key players.

Homecare Oxygen Concentrators Market is Segmentation as follows –
By Technology: Continuous Flow and Pulse Dose

By Product: Compressed Gas Oxygen Cylinders, Compressed Gas Oxygen Cylinders and Portable Home Oxygen Concentrators

By Application: Homecare Settings and Non-Homecare Settings

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) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)

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Technology Outlook and Trend Analysis:
Pulse dose technology dominated the overall market in 2016 and is projected to continue its lead over the forecast period. It is the most preferred technology for portable home oxygen concentrators as it is more reliable and safe compared to other technologies. Moreover, the adoption of these concentrators is growing rapidly in homecare settings due to high patient base coupled with rapidly aging population worldwide.

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Aging Population
3.3.1.2. Increasing Healthcare Spending of People
3.3.1.3. Government Initiatives
3.3.1.4. IncreasedAwareness about Disease
3.3.2. Restraints
3.3.2.1. Strict Approval Guidelines
3.3.2.2. Strict Government Guidelines
3.3.3. Opportunities
3.3.3.1. Emerging Market to offer Lucrative Growth Opportunities
3.4. Industry Trends
3.5. Reimbursement Scenario

…Read Full Table of Contents

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