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Oxygen Concentrators Market Size, Analysis By Top Companies, And Forecast To 2022-2031 | Inogen, Inc., Koninklijke Philips N.V., Teijin Limited, Invacare Corporation, CAIRE Inc

11-10-2022 10:44 AM CET | Health & Medicine

Press release from: The Business research company

Oxygen Concentrators Market

Oxygen Concentrators Market

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According to The Business Research Company's Oxygen Concentrators market report, The global oxygen concentrators market size reached a value of nearly $1,957.2 million in 2021, having increased at a compound annual growth rate (CAGR) of 4.5% since 2016. The global oxygen concentrators market size is expected to grow from $1,957.2 million in 2021 to $2,627.3 million in 2026 at a rate of 6.1%. The global oxygen concentrators market size is then expected to grow at a CAGR of 6.6% from 2026 and reach $3,622.6 million in 2031.

The increasing focus of people on home healthcare across the globe is contributing to the growth of oxygen concentrators market in the forecast period. Home health care is a health care service that can be given at home for an illness or injury. Home health care is usually less expensive, more convenient, and is as effective as hospital or skilled nursing facility (SNF). An Oxygen concentrator is a medical device that gives extra oxygen at home for a health condition that causes the oxygen level to drop too low. People who are in dire need of oxygen can set up an oxygen concentrator at home without any hassle.

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The Oxygen Concentrators market is segmented -
By Type - Portable, Stationary
By Technology - Pulse Dose, Continuous Flow
By Application - Chronic Obstructive Pulmonary Disease (COPD), Lung Cancer, Pneumonia, Other Applications
By End User - Hospitals, Home Care, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oxygen Concentrators market.

Major competitors in the Oxygen Concentrators market include Inogen, Inc., Koninklijke Philips N.V., Teijin Limited, Invacare Corporation, CAIRE Inc.

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The oxygen concentrators market consists of sales of oxygen concentrator devices by entities (organizations, sole traders, and partnerships) which refers to medical devices used for supplying oxygen to patients suffering from respiratory diseases. The oxygen concentrator separates nitrogen and oxygen from the air in the environment and provides pure oxygen to the patient. There is no need for constant refilling for an oxygen concentrator as it draws oxygen from the surrounding air.

The Table Of Content For The Oxygen Concentrators Market Include:
1. Oxygen Concentrators Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
.....
21. Key Mergers And Acquisitions In The Oxygen Concentrators Market
22. Oxygen Concentrators Market Opportunities and Strategies
23. Oxygen Concentrators Market, Conclusions And Recommendations
24. Appendix
25. Copyright and Disclaimer

The Business Research Company's "Global Oxygen Concentrators Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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