Press release
Oxygen Concentrators Market Worth USD 6.06 Billion by 2030, growing at a CAGR of 5.90% | Inogen, Inc., Koninklijke Philips N.V., Chart Industries, Inc. (AirSep), Supera Anesthesia Innovations, GCE Group
CAGR: 5.90%
Current Market Size: USD 6.06 Billion
Forecast Growing Region: APAC
Largest Market: North America
Projection Time: 2021 - 2030
Base Year: 2020
The growth of the global oxygen concentrators market is attributed to increase in incidence of chronic diseases such as cancer, respiratory diseases, cardiovascular diseases, and others, that bolsters the market of oxygen cylinders. Moreover, the COVID-19 outbreak is the major factor driving the growth of the global oxygen concentrators market.
Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/11239
An oxygen concentrator is a device that concentrates oxygen from a gas supply (generally ambient air) by selectively removing nitrogen to supply an oxygen-enriched product gas stream. An oxygen concentrator takes in air and removes nitrogen from it, leaving an oxygen enriched gas for use by people requiring medical oxygen due to low oxygen levels in their blood.
The global Oxygen Concentrators Market was estimated at $3.30 billion in 2020 and is expected to hit $6.06 billion by 2030, registering a CAGR of 5.90% from 2021 to 2030.
Daily exposure to environmental pollution, increasing population exposure to indoor air pollution and increasing number of smokers across the world are driving the growth of the oxygen supply market. the world together. On the other hand, strict control measures and the high cost of oxygen inhibit growth to some extent. However, the emerging market's high growth potential and the increase in the geriatric population are expected to create tremendous opportunities in the industry.
COVID-19 scenario-
Oxygen gas treatment has now been thoroughly executed on patients for the therapy of chronic health issues to improve energy levels and sustain superior quality life of the patients.
Also, special attention is drawn to both the import and local manufacturing of medical oxygen gas to ensure its uninterrupted supply to designated COVID-19 hospitals identified by the local administration. These factors have impacted the global oxygen concentrators market positively.
Women generally spend longer time indoors compared to men and hence are at higher level of risk of developing respiratory disorders. In developed as well as developing regions, people who smoke indoors endanger their family members along with themselves. Thus, rise in indoor pollution cause chronic and respiratory diseases, which is expected to supplement demand for oxygen concentrators.
Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/11239
Some of the Top Players in the Global Market Are:
Invacare Corporation
DeVilbiss Healthcare LLC
Inogen, Inc.
Koninklijke Philips N.V.
Chart Industries, Inc. (AirSep)
Supera Anesthesia Innovations
GCE Group, Nidek Medical
O2 Concepts
Teijin Limited.
Similar Reports:
Syringes Market
https://www.alliedmarketresearch.com/syringes-market-A07514
UK IVD Market
https://www.alliedmarketresearch.com/uk-ivd-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oxygen Concentrators Market Worth USD 6.06 Billion by 2030, growing at a CAGR of 5.90% | Inogen, Inc., Koninklijke Philips N.V., Chart Industries, Inc. (AirSep), Supera Anesthesia Innovations, GCE Group here
News-ID: 2902208 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Oxygen
Major Market Shift in Automotive Oxygen Sensor Industry: Advancements In Wideban …
What Is the Forecasted Market Size and Growth Rate for the Automotive Oxygen Sensor Market?
The market size for automotive oxygen sensors has seen robust growth in the past few years. It is projected to increase from a value of $8.44 billion in 2024 to approximately $9.12 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 8.0%. This growth trend in the historic period could be due to the…
Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the…
Factors Driving Medical Oxygen Concentrators and Oxygen Cylinders
Medical Oxygen Concentrators and Oxygen Cylinders Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in…
International Portable Oxygen Concentrators Market Growth Analysis, Strategies, …
Syndicate Market Research recently launched a study report on the global Portable Oxygen Concentrators market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Portable Oxygen Concentrators market worldwide. The report lists the key players in the market and also provides insightful information about them such…
What's driving the Consumer Oxygen Equipment Market trends? Boost Oxygen , Oxyge …
Market Study Report delivers significant information and realistic data of the Consumer Oxygen Equipment market . The report presents a deep study of the market growth factors and drivers. In-depth research of the Consumer Oxygen Equipment Market limitations and the opportunities enable the user to make the future projection.
Scope of the Report:
The worldwide market for Consumer Oxygen Equipment is expected to grow at a CAGR of roughly over the next…
Oxygen Conservation Devices Market, By Product Type (Pneumatic Oxygen Conserver …
Oxygen conservation devices are mainly of two types – pneumatic oxygen conservation devices and electronic oxygen conservation devices. Pneumatic oxygen conservation devices use high pressure of oxygen gas and do not require any external power source such as battery, whereas electronic oxygen conservation devices are battery supported. For instance, Invacare’s Invacare Pneumatic Oxygen Conserver is a pneumatic oxygen conservation device, which has an on and off selector knob coupled with…
