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Global Oxygen Concentrators Market: Increasing Demand for Portable Oxygen Concentrators Drives Growth Till 2030

03-30-2023 03:00 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Oxygen Concentrators Market

Oxygen Concentrators Market

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐ญ๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ?

The trends in the Oxygen Concentrators Market in the recent past, some of the key trends that may be included in the market report are:

Increasing demand for portable oxygen concentrators: There has been a growing demand for portable oxygen concentrators (POCs) due to their convenience, ease of use, and portability. This trend is likely to continue due to the rising prevalence of respiratory diseases and increasing geriatric population.

Technological advancements: With advances in technology, there has been an improvement in the design, efficiency, and features of oxygen concentrators. Manufacturers are focusing on developing products with higher oxygen purity levels, improved battery life, and reduced noise levels.

Rising prevalence of respiratory diseases: The increasing prevalence of chronic obstructive pulmonary disease (COPD), asthma, and other respiratory disorders is expected to drive the demand for oxygen concentrators. According to the World Health Organization (WHO), COPD is the third leading cause of death globally.

Growing awareness about home healthcare: The growing awareness about the benefits of home healthcare and the availability of reimbursement policies for oxygen therapy at home are expected to fuel the demand for oxygen concentrators.

Increased adoption of online sales channels: With the increasing penetration of the internet and e-commerce platforms, there has been a shift towards online sales channels for medical equipment, including oxygen concentrators. This trend is expected to continue due to the convenience and cost-effectiveness of online purchasing.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.alliedmarketresearch.com/request-sample/11239

๐‡๐จ๐ฐ ๐›๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ?

The global oxygen concentrators market was valued at $3,300.00 million in 2020, and is estimated to reach $6,063.90 million by 2030, growing at a CAGR of 5.90% from 2021 to 2030.

๐–๐ก๐ข๐œ๐ก ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ฎ๐ฌ๐ž ๐ข๐ง ๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ?

Oxygen concentrators are primarily used in the healthcare industry for providing supplemental oxygen to patients suffering from respiratory illnesses or disorders. The key segments that use oxygen concentrators are:

Home healthcare: Oxygen concentrators are commonly used in home healthcare settings where patients require long-term oxygen therapy. They are compact, lightweight, and easy to use, making them ideal for home use.

Hospitals and clinics: Oxygen concentrators are also used in hospitals and clinics to provide supplemental oxygen to patients with respiratory failure, chronic obstructive pulmonary disease (COPD), and other respiratory disorders.

Emergency medical services (EMS): Oxygen concentrators are used by emergency medical services (EMS) to provide oxygen to patients in emergency situations, such as cardiac arrest or respiratory distress.

Aviation and aerospace: Oxygen concentrators are used in aviation and aerospace industries to provide supplemental oxygen to pilots, passengers, and astronauts.

Veterinary medicine: Oxygen concentrators are used in veterinary medicine to provide oxygen to animals during surgeries or for treating respiratory illnesses.

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ-

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.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.alliedmarketresearch.com/purchase-enquiry/11239

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

Koninklijke Philips N.V.
Invacare Corporation
DeVilbiss Healthcare LLC
Inogen, Inc.
Chart Industries, Inc. (AirSep)
Nidek Medical
O2 Concepts
Teijin Limited
Supera Anesthesia Innovations
GCE Group

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

veterinary artificial reproduction market: https://www.alliedmarketresearch.com/veterinary-artificial-reproduction-market-A13676

Micromanipulators Market:
https://www.alliedmarketresearch.com/micromanipulators-market

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Web:https://www.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฅ๐ฅ๐ข๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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 domains.

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