Press release
Medical Oxygen Concentrators Market 2021 Analysis by Top Manufacturers – Inogen, NGK Spark Plug, Yuyue Medical, Invacare, Teijin Pharma, Philips, Linde, DeVilbiss Healthcare
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Medical Oxygen Concentrators market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.The Medical Oxygen Concentrators Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Medical Oxygen Concentrators Market with its specific geographical regions.
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Medical Oxygen Concentrators Market size exceeded USD 2.5 billion in 2020 and is expected to grow at a CAGR of over 3.3% between 2021 and 2027
Top leading Companies Profiled in Medical Oxygen Concentrators Market Report are Inogen, NGK Spark Plug, Yuyue Medical, Invacare, Teijin Pharma, Philips, Linde, DeVilbiss Healthcare, ResMed, O2 Concepts, Air Water Group, Omron, Beijing Shenlu, Nidek Medical, Shenyang Canta, GF Health Products, Precision Medical, Daikin, Longfei Group, SysMed
News and updates
Servotech Power Systems to launch medical grade oxygen concentrators- Servotech Power Systems, a leading manufacturer of LED Lights, solar panels and UVC disinfection products, is manufacturing oxygen concentrators at their facility near the Kundli border, New Delhi.
Govt launches doorstep delivery of O2 concentrators in five cities- The government has come up with ‘Project O2 for India’ and modular hospitals to boost the country's ability to meet the sudden rise in demand of medical oxygen and hospital beds after the second wave
Market Overview
Oxygen Concentrators are best to administer POC or point-of-care oxygen for settings of developing-country, especially in which piped systems and cylinders remain inappropriate or unavailable. The devices supply cost-effective and sustainable oxygen to health facilities which has surged the demand of the medical oxygen concentrators industry. The rising number of patients around the world needing long-term oxygen therapy or LTOT has also boosted the market growth. As per the medical oxygen concentrators market outlook, the huge prevalence of COPD or chronic obstructive pulmonary disease, sleep apnea, and asthma is propelling the potential of the market. In the coming years, favorable government initiatives will also elevate the market demand.
According to the medical oxygen concentrators market analysis, there are several product segments that are increasing the demands of the market. The portable oxygen concentrators section of the product segment is anticipated to have higher dominance due to the adoption by travelers for its compact size, lightweight, higher oxygen capacity, and better mobility. The stationary oxygen concentrators will have a higher medical oxygen concentrators industry growth as these devices supply oxygen sources, longer tubing, hands-free operation, and many more. These market segments will largely fuel the market growth in the forecast period.
Oxygen concentrator is a device that provides oxygen therapy to patients at substantially higher concentrations than that of ambient air and keeps the level of oxygen in their blood stable. There are two types of oxygen concentrators: portable oxygen concentrators and stationary oxygen concentrators.
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Market Research Study Focus on these Types:
Portable Medical Oxygen Concentrator
Ambulatory Non-POC
Stationary Medical Oxygen Concentrator
Market Research Study Focus on these Applications:
Home Care
Hospital Care
Outdoor Care
Others
Global Medical Oxygen Concentrators Market: Regional Segment-
─North America (US, Canada)
─Europe (Germany, UK, France, Rest of Europe)
─Asia Pacific (China, Japan, India, Rest of Asia Pacific)
─Latin America (Brazil, Mexico)
─Middle East and Africa
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Key Takeaways from Medical Oxygen Concentrators Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Medical Oxygen Concentrators market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Medical Oxygen Concentrators market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Medical Oxygen Concentrators
Medical Oxygen Concentrators Market Scenario:
This research report represents a detailed research overview of the competitive landscape of the Medical Oxygen Concentrators Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Medical Oxygen Concentrators Market in a detailed manner for better insights into the businesses.
The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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