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Oxygen Concentrators Market Forecast: 2017-2021

05-16-2017 02:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: SA-BRC

Oxygen concentrators or generators are a medical grade device that pulls in air, modifies it and dispels concentrated oxygen. Normal air comprises 78% of nitrogen and 21% oxygen along with other gases. An oxygen concentrator uses filters and sieve beds to remove nitrogen and deliver oxygen. The device is used to treat people requiring medical oxygen due to low oxygen levels in their blood. Until recently, hospitals and clinics depended on direct delivery of oxygen through large tanks and cylinders. The advent of oxygen concentrators can liberate medical facilities from being dependent on the oxygen suppliers. Another advantage is the negligible risk of leaks and explosions since oxygen concentrators do not contain tanks and cylinders.

There are several disease conditions that warrant the use of oxygen concentrators such as asthma, lung cancer, chronic obstructive pulmonary disorder (COPD), sleep apnea and other respiratory disorders. Along with disease conditions, oxygen concentrators are required by military personnel, paramedics, mountain climbers among others. This report covers analysis of stationary oxygen concentrators and portable oxygen concentrators. The oxygen concentrators market report also includes insight on the various technologies within these devices such as pulse flow or continuous flow, type of filters such as molecular sieve (MS) concentrator or membrane oxygen enricher.

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This SA-BRC report will provide analysis on the end-user segments such as hospitals, clinics, home-care and nursing & assisted living markets for oxygen concentrators. Post regulatory changes that introduced flat monthly rates in oxygen supplies to homes, the demand for personal portable oxygen concentrators has increased dramatically. The baby boomer population has been prominently responsible for the rise in demand. The aged population today is far more diverse in demands than that a decade ago. Geriatric population today wishes to continue with higher level of activity that takes them outdoors. Portable oxygen concentrators have become the popular choice for these situations. Highly compact and well-designed systems now enable people to continue with their daily routine without a hassle. The pediatric patient population is also anticipated to benefit from the miniaturization of technology in this medical device segment.

The market for oxygen concentrators has been well defined due to the maturity of the technology. North America and Europe have historically been leading the revenue generation due to greater use whereas other regions continue to depend on oxygen cylinders and centralized systems event today. However, rising investment in healthcare and hospital infrastructure in Asia-Pacific and particularly in the Middle-East assures that new hospital equipment and technology is adopted on a much higher level in coming years. This report analyses the market for oxygen concentrators across technology segments and end-users for six regions of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa. Key players in this market include DeVilbiss, Inogen, Grasys, O2-Concepts, Caire Chart Industries (AirSep), Philips Healthcare (Respironics), InvaCare Corporation among several others.

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NOTE: This report is currently under research and will be made available to clients on request.

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

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Email: sales@sa-brc.com
Website: www.sa-brc.com

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