Press release
Worldwide Stationary Oxygen Concentrators Market are set to become a $1.2 billion market in 2023: Shares, Strategies and Forecasts 2017-2023
Worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment. Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner. Stationary oxygen devices provide continuous flow, often at 5LPM liters per minute to serve patients that need to be on oxygen. The need for these continuous flow rates night and day continue to drive sales of stationary oxygen concentrator units.
Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.
Major factors driving the market for stationary oxygen concentrators include its ability to provide oxygen under all circumstances.
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The worldwide aging population.
An increase in the number of people with COPD and other respiratory diseases.
Advantages of newer stationary oxygen concentrator devices are that they weigh less
Advantages of newer stationary oxygen concentrator devices are that are somewhat quieter than the older units, and are easy to use.
They are generally affordable but reimbursement drives markets.
There has been a quantum improvement in the home based stationary oxygen concentrator technology. Less weight, more power are the characteristics of the new stationary units. The huge jump in technology is illustrated by the effectiveness of the devices in providing improved patient lifestyle.
Stationary concentrator systems are always used by a patient to supplement portable oxygen concentrators. Portable oxygen must be supplemented with standard large, bulky, and inefficient, heavy, and impractical stationary devices because the stationary devices provide a more stable source of oxygen during sleep.
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Table of Contents
Stationary Medical Oxygen Concentrator Executive Summary 24
Stationary Oxygen Concentrator 24
Home Oxygen Market, Continues to Use Stationary Concentrators 26
Stationary Oxygen Concentrator Home Medical Market Driving Forces 27
Change in Home Oxygen Market 29
Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 30
Homecare Services Model Replaces Distribution Model 31
Decisions About Use Of Continuous Or Pulsed Oxygen 31
Research on Oxygen Concentrators 33
Stationary Oxygen Concentrators Market Driving Forces 34
Stationary Oxygen Concentrator Market Shares 35
Stationary Oxygen Concentrator Market Forecasts 37
1. Stationary Oxygen Concentrator Market Description and Market Dynamics 40
1.1 CMS Oxygen and Oxygen-Related Equipment 40
1.1.1 CMS Oxygen Reimbursement Definitions 41
1.1.2 CMS Qualifying Arterial Blood Gas Studies 42
1.1.3 CMS Home Sleep Oximetry Studies 44
1.1.4 Home Oxygen Concentrator Equipment Medicare Reimbursement 47
1.1.5 Home Medical Equipment Market 48
1.1.6 Home Health Care 48
1.1.7 Third-party reimbursement 49
1.2 Homecare Market Growth Factors 50
1.2.2 Growth In Population Over Age 65 52
1.3 Oxygen Concentrator Uses 53
1.3.2 Stationary Oxygen Concentrator Functions 53
1.3.3 Separation Of Oxygen From Air 54
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