Press release
Oxygen Concentrators Industry is Expected to Reach USD 2.8 Billion by 2031 - Invacare Corporation, ResMed, O2 Concepts, Merck KGaA, Teijin Limited.
Will the Oxygen Concentrators market emerge as the sector's next great thing? To discover the answer, look at the Oxygen Concentrators market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Oxygen Concentrators market! (2031)
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Key Growth Drivers in Oxygen Concentrators Market:
Increasing Prevalence of Respiratory Disorders
The growing prevalence of respiratory disorders is a significant driver for the oxygen concentrators market. Chronic respiratory diseases (CRD) are a major global health issue, with one in 20 people affected. In 2019, CRD was the third leading cause of death worldwide, responsible for approximately 4 million deaths. Chronic obstructive pulmonary disease (COPD) accounted for about 80% of these deaths, while asthma, affecting approximately 262 million people, was the most common CRD. The incidence of CRDs has increased by 49% since 1990, largely due to population growth, though the age-standardized incidence rate has decreased by 5.3%.
Technological advancements and government initiatives aimed at improving respiratory health are further boosting the demand for oxygen concentrators. For example, the prevalence of asthma is rising globally, with about 339 million people affected and an additional 100 million at risk, as reported by the Economic Times in May 2023. These factors collectively drive the need for effective respiratory support devices, including oxygen concentrators.
DataM Intelligence profiles some of the most reputed organizations present in the Oxygen Concentrators market. They are as follows:
Invacare Corporation, ResMed, O2 Concepts, Merck KGaA, Teijin Limited, GCE Group, Inogen Inc., Caire Inc., Precision Medicine Group, Koninklijke Philips N.V among others.
Segment Covered in the Oxygen Concentrators Market:
By Product: Portable Oxygen Concentrators, Stationary Oxygen Concentrators, Others.
By Technology: Pulse Flow, Continuous Flow, Others.
By End-User: Hospitals, Ambulatory Surgical Centers, HomeCare, Others.
Regional Analysis:
The global Oxygen Concentrators Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Oxygen Concentrators Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Oxygen Concentrators Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Oxygen Concentrators manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Oxygen Concentrators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQ's
Q.1. What are the primary drivers of the Oxygen Concentrators Industry?
Q.2. What are the main factors propelling and impeding the growth of the Oxygen Concentrators market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Oxygen Concentrators market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Oxygen Concentrators market now and in the future?
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