Press release
Portable Oxygen Concentrators Market size in terms of volume and value 2015 - 2025
Global market for oxygen concentrators has undergone substantial changes with the advent of portable technology. Oxygen concentrator is a device for making concentrated oxygen available to the patient requiring this therapy, and portable oxygen concentrators facilitates the mobility of the users as it is light in weight, inexpensive and more powerful. Global portable oxygen concentrators market support the lifestyle of the patient. In order to expedite the growth of global portable oxygen concentrators market, continuous research and development is done to introduce devices which allows freedom of meaningful lifestyle for the patients. In global portable oxygen concentrators market, a pulse dose system finds more application due to its light weight and more lasting battery life of up to 8 hours. Rising geriatric population with the increase in respiratory conditions is driving global portable oxygen concentrators market. The global portable oxygen concentrators market is anticipated to grow with a double digit compound annual growth rate during the forecast period.
Global Portable Oxygen Concentrators Market: Drivers and Restraints
The major driving factor for the growth of global portable oxygen concentrators market is its flexibility and capability to be utilized under any circumstances. The growing number of geriatric population and changing lifestyle of the people which has led to a rise in smoking population, increases the demand for global portable oxygen concentrators market. According to WHO the geriatric population is expected to reach to 22% by the end of 2050 which is double of the current population. The rising cases of respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD), emphysema, chronic bronchitis, etc. is leading to an increased utilization for global portable oxygen concentrators market. The approval of portable oxygen concentrators by the Federal Aviation Administration (FAA) has extended the application of global portable oxygen concentrators while on airlines. As the demand for global portable oxygen concentrators market is increasing, there has been an upsurge in the entry of new competitors thus leading to an increase in the availability of low price and high quality devices. The advent of global portable oxygen concentrators has changed the dynamics of the market supplementing the usage of liquid oxygen.
Global Portable Oxygen Concentrators Market: Segmentation
Global portable oxygen concentrators market can be segmented on the basis of oxygen delivery system, end-use, technology and geography.
Oxygen Delivery systems
Pulse Dose System
Continuous Dose System
Request free sample Report: http://www.futuremarketinsights.com/reports/sample/rep-gb-1061
Pulse dose system is dependent on breathing requirement while continuous flow system, oxygen is delivered at a constant rate, independent of the breathing pattern.
End-use:
Hospitals
Home Care Settings
Ambulatory Services
Technology:
Traditional Delivery Technology
Smart Delivery Technology
Global Portable Oxygen Concentrators Market: Overview
Changing lifestyle of people and requirement of devices which will support the lifestyle of the patient without hampering their freedom of movement has led to the advent of global portable oxygen concentrators market. The technological advancements has transformed the global portable oxygen concentrators market. Global portable oxygen concentrators market is anticipated to grow with a double digit CAGR during the forecast period, overpowering the home delivery markets as it costs money and consumption of resources. Private insurers and CMS Medicare resist reimbursing for the transport of liquid oxygen due to truck rolls being expensive.
Global Portable Oxygen Concentrators Market: Region- wise Outlook
Global portable oxygen concentrators market is dominated by North America followed by Europe, with the growing awareness of the consumers and approval by the various regulatory bodies. The growth of geriatric population is highest in U.S. with the COPD being the fourth principal cause of death in U.S. the changing lifestyle and startling rise in number of smokers is fuelling the growth of global portable oxygen concentrators market. Asia-Pacific has been identified as emerging market and Latin America specially Brazil and Mexico is expected to show robust growth for global portable oxygen concentrators market with the increase in healthcare expenditure.
Browse full report: http://www.futuremarketinsights.com/reports/portable-oxygen-concentrators-market
Global Portable Oxygen Concentrators Market: Key Players
Some of the major players for global portable oxygen concentrators market are: Inogen, Chart Industries, Inc., Koninklijke Philips N.V., Invacare Corporation, Tejin Pharma Ltd., Medical Depot, Inc., O2 Concepts, Oxygen to Go, Longfian Scitech Co., Ltd, Nidek medical, etc.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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 Portable Oxygen Concentrators Market size in terms of volume and value 2015 - 2025 here
News-ID: 333543 • Views: …
More Releases from FMI Ltd
IT Software and Services Market: Russian Industry Analysis and Opportunity Asses …
The market is expected to register a strong growth of 7.2% in its CAGR during the projected period to reach US$ 8,628.2 million by 2020. Both the IT software and services segments made considerable contribution to the overall growth of Russian IT market in the European region. Increased e-government and e-banking initiatives by governments and banks are some of the prominent factors driving the demand for IT software and services…
Global IoE (Internet of Everything) Market to Witness a 16.4% CAGR from 2014 to …
“Proliferation of connected devices, increased technology budgets by leading countries such as Finland and Singapore, and rising uptake of ICT goods, particularly in the Asia-Pacific region, will accelerate the growth of the global IoE market. Further, explosion of big data and a growing need for enhanced customer experience in public, telecom and media, and banking, financial services and insurance (BFSI) sectors are likely to increase the adoption of IoE solutions…
Smart Fitness Market Report Now Available at Top Global Research Firm
The market is expected to register a strong growth of 24.6% in its CAGR during the projected period to reach US$ 9,525.6 million by 2020. Thesmart fitnesscomponentsuch as smart accessories, strength training equipment and cardiovascular equipment made considerable contribution to the overall growth of smart fitness devices market across regions. Increased consumer spending on smart accessories and growing health concerns are some of the prominent factors driving the demand for…
IT Software and Service Market: Poland Industry Analysis and Opportunity Assessm …
The Poland IT software and service market is driven by factors such as changing consumer buying pattern, advanced technology adoption, and product innovation through mergers and acquisition. Further, presence of cloud computing, digital transformation and, enterprise mobility are expected to accelerate the Poland IT software & services market growth in the near future.
The Poland IT software and service market mainly represents two segments that includes software and services. In 2013,…
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…
