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Oxygen Concentrator Market To Witness Enhanced Usage For Medical, Water Treatment, Pharmaceutical Production And Glass Manufacture Applications Till 2021 | Million Insights
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An oxygen concentrator possesses a compressing element, and hence it should not be interpreted as compressed oxygen. Instead, a tank has a set amount of oxygen for dispensing. A concentrator filters in air, compress it and release the air constantly.The air supply will never run out hence, the concentrator just needs access to power instead of refilling compressed air.
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Growth in geriatric population on a global scale induce rise in homecare oxygen treatment. Patients with respiratory conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis and emphysema have benefitted greatly with innovations in oxygen concentrator technology. Some of the new and improved versions of the standard large and bulky devices include AirSep’s LifeStyle Portable Oxygen Concentrator, Inogen One G3, VBOX Trooper, EverGo, Invacare XPO2 and iGo.
On the basis of product type, the oxygen concentrator market is segmented into portable oxygen concentrator, stationary oxygen concentrator and so on. On the basis of application, the oxygen concentrator market is segmented into medical, water treatment, pharmaceutical production, glass manufacture and so on.
On the basis of geography, the oxygen concentrator market is segmented into Europe, Asia Pacific, North America, Middle East & Africa and Latin America. Asia Pacific Excluding Japan oxygen concentrators market is projected to register a significant CAGR during the forecast period. Improving economic conditions is fuelling the growth of oxygen concentrators market in Asia Pacific.
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The key players of oxygen concentrator market are Air Liquide, CareFusion, Braun and Company, Chart Industries, Covidien, Dr?ger, DeVilbiss Healthcare, Drive Medical, Fanem, Fisher & Paykel Healthcare, Bio-Med Devices, Invacare Philips Healthcare, CareFusion, DeVilbiss Healthcare Sequal, Respiration Equipment, Jiangxi Teli Anesthesia, Newport Medical Instruments Inc., Inovo, Impact Instrumentation, Respironics, Providence Global Medical, Percussionaire Corporation, Vortran Medical Technology, Smiths Medical WinterGreen Research Inc., Eget Hi-Tec Co. Ltd., Race Medical & Beauty Equipments and Maquet.
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/medical-devices
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