Press release
Global High Flow Oxygen Concentrators Market Size, Shares, Strategies and Forecasts Report 2017 - 2023
About High Flow Oxygen Concentrators Market
The 2017 study has 224 pages, 67 tables and figures. Worldwide markets are poised to achieve continuing growth as the studies continue to show that the very ill need high flow oxygen.
High flow oxygen concentrators perform a strong function of caring for patients with serious respiratory disease. Equipment provides oxygen to people with lung disease, who are old, and to those who live in highly polluted areas. High flow 6LPM to 15LPM oxygen concentrators can provide more pure oxygen during the night than regular 5LPM units do. This is able to facilitate better sleeping and keep patients alive longer.
With stripped down functioning, devoid of the features needed to support mobility during the day, high flow oxygen concentrators become less expensive, lighter, and more fully fit to purpose than they were previously. This use of high flow oxygen concentrators provides continuous flow oxygen with units that extend the market for many years.
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Major factors driving the market for high flow oxygen concentrators include its ability to provide oxygen under all circumstances. The worldwide aging population creates demand for high flow medical oxygen. An increase in the number of people with end stage COPD and other severe respiratory diseases creates need for advanced medical oxygen. Advantages of newer high flow oxygen concentrator devices are that they are more reliable. They are generally affordable. Reimbursement drives markets.
According to Susan Eustis, lead author of the team that wrote the study, “An oxygen concentrator with a high flow is necessary to meet the oxygen requirements of a patient in severe respiratory distress. A higher liter per minute setting is needed for more severe cases of low oxygen in the blood stream. A person with healthy lungs breathes 21% oxygen from the air. Someone with moderate to severe COPD breathes in a much lower percent. They need the extra oxygen provided by the high flow systems.”
High Flow Oxygen Equipment Market Forecasts
High flow oxygen concentrator markets at $148 million market in 2016 are set to become a $527.4 million market in 2023. These represent a very specialized type of oxygen equipment. Steady growth is anticipated because the high flow units are the only device that helps severely ill patients with respiratory disease with supplemental oxygen throughout the forecast period.
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Companies Profiled
Market Leaders
Respironics
Invacare
AirSep
Nidek
Market Participants
Other
Key Topics
High Flow Oxygen Concentrators
Oxygen Concentrator
Severely Ill Oxygen
Oxygen
Home Oxygen Equipment
Consumer Oxygen
Nusing Home Oxygen
Table of Contents
High Flow Oxygen Concentrator Executive Summary 12
High Flow Oxygen Concentrator 12
Home Oxygen Market Uses High Flow Oxygen Concentrators 13
Change in Home Oxygen Market 14
Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 15
Homecare Services Model Replaces Distribution Model 15
Research on Oxygen Concentrators 16
High Flow Oxygen Concentrators Market Driving Forces 17
High Flow Oxygen Concentrator Market Shares 18
High Flow Oxygen Concentrator Market Forecasts 19
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1. High Flow Oxygen Concentrator Market Description And Market Dynamics 21
1.1 Oxygen Concentrator With A High Flow 21
1.1.1 Portable Oxygen Concentrators 22
1.2 High Flow Oxygen Concentrator 22
2.1.1 Migrating from 5 liter Oxygen Machines To The Full Sized 10 Liter Oxygen Concentrators 25
1.1 CMS Oxygen and Oxygen-Related Equipment 27
1.1.1 CMS Oxygen Reimbursement Definitions 28
1.1.2 CMS Qualifying Arterial Blood Gas Studies 29
1.1.3 CMS Home Sleep Oximetry Studies 30
1.1.4 Home Oxygen Concentrator Equipment Medicare Reimbursement 33
1.1.5 Home Medical Equipment Market 34
1.1.6 Home Health Care 34
1.1.7 Third-party reimbursement 35
1.2 Homecare Market Growth Factors 36
1.2.2 Growth In Population Over Age 65 38
1.3 Distribution Channels 39
1.3.2 Oxygen Therapy Systems 39
1.4 Oxygen Concentrator Applicable Population 39
1.4.2 Potable Oxygen Concentrator Patients Need Stationary Oxygen Concentrators at Night 40
1.5 Treatment Trends 41
1.5.2 Competition Forms Basis Of U.S. Medical Care Services Delivery 41
1.6 European Homecare Market Trends 42
1.7 Marketing Globally 43
1.8 Market Drivers For Healthcare Cost Containment 45
2 High Flow Oxygen Concentrator Market Shares And Forecasts 47
2.1 High Flow Oxygen Concentrator 47
2.1.2 Home Oxygen Market Uses High Flow Oxygen Concentrators 48
2.1.3 Change in Home Oxygen Market 50
2.1.4 Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 50
2.1.5 Homecare Services Model Replaces Distribution Model 51
2.1.6 Research on Oxygen Concentrators 51
2.1.7 High Flow Oxygen Concentrators Market Driving Forces 52
2.2 High Flow Oxygen Concentrator Market Shares 54
2.2.1 High Flow Oxygen Concentrator Market Shares, Units and Dollars 56
2.2.2 Oxygen Concentrators Coded by Medicare 56
2.2.3 Invacare Platinum 10 Oxygen Concentrator 57
2.2.4 Philips High Flow Oxygen Concentrators 57
2.2.5 AirSep Intensity High Flow Oxygen Concentrator 57
2.3 High Flow Oxygen Concentrator Market Forecasts 58
2.4 High Flow Oxygen 65
2.4.1 High Flow Oxygen Market Aspects 68
2.4.2 High Flow Oxygen Concentrator Installed Base Analysis 70
2.4.3 Supplemental Oxygen to Improve Brain Functioning 71
2.4.4 Chinese Must Be Worried About Their Ability To Breath 73
2.4.5 Trend of Hospice Patients In The U.S. 75
2.4.6 Homecare Is Poised To Grow 77
2.4.7 Unified Supply Network 78
2.4.8 Telemedicine Being Integrated Into Homecare 79
2.4.9 Competitive Bidding Program Cuts Reimbursement 80
2.4.10 Reimbursement Shifts 80
2.5 Respiratory Disease Market Metrics 81
2.5.1 Percentage of Older People by State 84
2.4.2 Medical Conditions Requiring Supplemental Oxygen 87
2.5 High Flow Oxygen Concentrator Prices 90
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