Tag Archives: Medical Oxygen Concentrators Market

Medical Oxygen Concentrators Market: Industry Players Shifting Focus towards Developing Economies

Global Medical Oxygen Concentrators Market: Overview

Medical oxygen concentrators are used by patients suffering from COPD and other respiratory diseases. Patients having low level of oxygen in their blood are prescribed to use oxygen concentrators. Oxygen concentrators are to be used only with prescription and cannot be purchased over the counter. Medical oxygen concentrators work either on rechargeable lithium batteries or by continuous electric supply. The medical oxygen concentrators are produces oxygen from the surrounding air. It works on the principle of compression of air by which the concentrators are prevented from overheating. After taking the air from the surrounding nitrogen is removed through the air filters and with adjusted delivery rate purifies oxygen is delivered to the patients with the help of nasal cannula or mask. The global medical oxygen concentrators market is segmented by modality, technology, end users and geography. By modality the global medical oxygen concentrator market is further segmented into portable oxygen concentrators and stationary oxygen concentrators. According to technology the market is segmented further by pulse flow technology and continuous flow technology. By end users the market is segmented into hospitals, home care and ambulatory surgical centers. In terms of geography the global medical oxygen concentrators market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

This 171 page report gives readers a comprehensive overview of the Medical Oxygen Concentrators Market. Browse through 24 data tables and 70 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/medical-oxygen-concentrators-market.html

Global Medical Oxygen Concentrators Market: Research Methodologies

The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of the medical oxygen concentrator market in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn for each by modality, technology, end user, and geography for the period 2014 to 2024, considering the macro and micro environmental factors. The revenue generated from each product was calculated by considering number of products used in the procedures and their market demand as per their use, prevalence rate of disease, number of product launched, annual revenue generated by products of each sub segment, trends in industry, end user trend, and adoption rate across all the geographies.

Global Medical Oxygen Concentrators Market: Scope of the Study

The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on modality, technology, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the medical oxygen concentrators market in the current and future scenario.

Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The study also covers detailed country analysis contributing majorly in the monoclonal antibody therapeutics market.

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Global Medical Oxygen Concentrators Market: Competitive Landscape

The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the monoclonal antibody therapeutics market are Chart Industries, Inc., Inogen, Inc., Invacare Corporation, Koninklijke Philips N.V., Resmed Inc., Drive DeVilbiss Healthcare LLC., Precision Medical, Inc., Besco Medical Co. Ltd., O2 Concepts LLC, GCE Group and others.

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Medical Oxygen Concentrators Market: Industry Players Shifting Focus towards Developing Economies

Medical Oxygen Concentrators Market: Snapshot

The global medical oxygen concentrators market is currently being driven by the rising number of COPD patients across the world. The number of patients suffering from lung cancer, asthma, smoking-related lung disorders, and other respiratory illnesses is also increasing at a swift rate, further boosting the overall demand for oxygen supply units and especially medical oxygen concentrators. These units are also considered more advantageous due to their portability and the fact that they can provide an uninterrupted supply of oxygen. Government reimbursement policies are also being increasingly favorable to the global medical oxygen concentrators market and the adoption rate of these units. The market also credits the increasing geriatric population as one of the leading demographics in need of constant oxygen supply. However, the global medical oxygen concentrators market is being restrained by the large number of oxygen concentrators with continuous flow technology, which essentially waste oxygen and electricity when not in use. The high cost of portable oxygen concentrators is also making it difficult for emerging economies to adopt them at a faster rate.

This 171 page report gives readers a comprehensive overview of the Medical Oxygen Concentrators Market. Browse through 24 data tables and 70 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/medical-oxygen-concentrators-market.html

The global medical oxygen concentrators market is projected to reach US$2.41 bn in 2024. It is expected to expand at a CAGR of 8.5% from 2016 to 2024, and was valued at US$1.25 bn in 2016.

Consumers Show Greater Preference for Portable Medical Oxygen Concentrators

In terms of modality, the global medical oxygen concentrators market is segmented into portable and stationary oxygen concentrators. Portable oxygen concentrators were leading the market in terms of demand in 2015. Portable oxygen concentrators are easy to carry, light in weight, work on rechargeable lithium batteries, and are small in size. They are designed for an individual of any age being able to carry a unit along his/her daily activities while receiving a concentrated supply of oxygen. The technology used in portable oxygen concentrators is largely known as pulse technology. Stationary oxygen concentrators work on continuous flow technology and consequently require a continuous electricity supply. These are generally used by patients during the night or at their homes. Due to the several advantages posited by the use of portable oxygen concentrators, it is expected that they will continue to acquire the leading share in the global oxygen concentrators market during the forecast period.

According to technology, pulse flow technology leads the global medical oxygen concentrators market in terms of growth rate currently. This technology releases concentrated oxygen only when the patient inhales. Thus it does not base itself on continuous working of the oxygen concentrators and reduces overall consumption of power, allowing units with pulse flow technology to work on rechargeable lithium batteries. Among the end users of the global medical oxygen concentrators market, the home care segment has so far been the leading revenue generator.

Request a sample of this report to know what opportunities will emerge in the rapidly evolving Medical Oxygen Concentrators Market during 2016 – 2024: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3998

Geriatric and COPD Population in North America Puts Region in Lead

In terms of geography, the global medical oxygen concentrators market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America contributed the leading volume of demand in the global oxygen concentrators market for 2015, owing to an increasing use of portable oxygen concentrators at home. This region is likely to remain in the lead over the coming years. Europe places second in terms of demand in the global medical oxygen concentrators market, owing to an increasing level of awareness over use of oxygen concentrators over conventional oxygen supply units. Latin America and Asia Pacific collectively contributed to 31.4% of share in the global medical oxygen concentrators market for 2015 and are positioned as high potential locations in terms of untapped regions.

Leading players in the global medical oxygen concentrators market so fat have been Chart Industries, Inc., Inogen, Inc., Invacare Corporation, Koninklijke Philips N.V., Resmed Inc., Drive DeVilbiss Healthcare LLC., Precision Medical, Inc., Besco Medical Co. Ltd., O2 Concepts LLC, and GCE Group.

 

Medical Oxygen Concentrators Market: Emerging Trends and New Technologies Research 2016 – 2024

Inogen, Inc., Koninklijke Philips N.V., Chart Industries, Inc., and Invacare Corporation had collectively taken up 65.5% of the global medical oxygen concentrators market in 2015, pointing towards a highly consolidated market. Each of the above key players hold a considerable hold over the global medical oxygen concentrators market through a consistent rate of introduction of newer technologies.

Transparency Market Research states in a research report that the leaders in the global medical oxygen concentrators market take a sizeable portion of the market in terms of value. Their strongly established brand image helps keep their client pool intact and allows them to progress much faster in terms of research and development. Leaders in the global medical oxygen concentrators market also hold solid distribution networks within their core areas, making it even harder for new entrants to generate traction. The global medical oxygen concentrators market does face a moderate level of threat from substitutes such as oxygen therapy devices and liquid and gaseous oxygen cylinders, further creating a measurable barrier for players to climb. The global medical oxygen concentrators market is projected to reach US$2.41 bn by the end of 2024, after expanding at a CAGR of 8.5% within a forecast period from 2016 to 2024. The market was calculated to reach US$1.25 bn by the end of 2016.

This 171 page report gives readers a comprehensive overview of the Medical Oxygen Concentrators Market. Browse through 24 data tables and 70 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/medical-oxygen-concentrators-market.html

Demand for Medical Oxygen Concentrators Ramped with COPD Patient Numbers on the Rise

“Chronic obstructive pulmonary disease, according to the WHO, is currently the fourth-leading cause of death, with close to 2.75 mn patients dying every year. COPD is further estimated to become the third-leading cause of death globally by 2030. The CDC adds that more than 16 mn U.S. citizens are currently living with lung cancer, COPD, smoking-related heart diseases, and other respiratory disorders. These numbers are vital to the global medical oxygen concentrators market, as these patients are the core consumers of concentrated oxygen. Their difficulty in breathing compels them to inhale larger volumes of oxygen per breath, thereby giving rise to a greater demand for oxygen suppliers such as medical oxygen concentrators,” states a TMR analyst.

The growing geriatric population is similarly providing a heavy demand for medical oxygen concentrators across the world and especially in the developed economies from North America and Europe. The elderly population in emerging economies is expected to rise at an extremely fast pace over the coming years, further fuelling the demand taken up by players from the global medical oxygen concentrators market. The market is also being driven by the overall advantages that these units provide over conventional oxygen units in terms of portability and their ability to constantly filter oxygen through the surrounding air. Additionally, governments are growing highly aware of the massive demand for oxygen supply units and are coming forward with increasingly favorable reimbursement policies for patients, further increasing the overall target audience that can afford medical oxygen concentrators.

High Cost and Oxygen Wastage Hamper Global Medical Oxygen Concentrators Market

The global medical oxygen concentrators market does not face too many complications in terms of adoption rate and gaining favor in all regions. However, the high cost of medical oxygen concentrators is currently making it difficult to introduce these units into emerging economies. Statistics show that Asia Pacific and Latin America are bound to become high potential regions for the adoption of medical oxygen concentrators owing to their high population densities, swiftly evolving healthcare infrastructure, and the presence of large rural populations often too far away from healthcare support. The reduction of costs of these units could massively benefit players trying to penetrate emerging economies in the long run. The global medical oxygen concentrators market is also facing a certain amount of negativity due to the fact that the units that function on continuous flow technology are in operation even when the patient does not need oxygen, thereby wasting it as well as over-consuming electricity.

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“Smaller players are expected to show a significant level of foray into the global medical oxygen concentrators market over the coming years, due to the favorable nature of investments into the section of portable oxygen concentrators. The scope of development in medical oxygen concentrators is extremely high and new entrants could crack the niche egg successfully with the right type of investment in research and development, creating better opportunities for themselves,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Medical Oxygen Concentrators Market – Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast, 2016 – 2024.”

 

Medical Oxygen Concentrators Market: Latest Innovations, Drivers, Restraints, Challenges and Forecast 2016 – 2024

Medical Oxygen Concentrators Market: Snapshot

The global medical oxygen concentrators market is currently being driven by the rising number of COPD patients across the world. The number of patients suffering from lung cancer, asthma, smoking-related lung disorders, and other respiratory illnesses is also increasing at a swift rate, further boosting the overall demand for oxygen supply units and especially medical oxygen concentrators. These units are also considered more advantageous due to their portability and the fact that they can provide an uninterrupted supply of oxygen. Government reimbursement policies are also being increasingly favorable to the global medical oxygen concentrators market and the adoption rate of these units. The market also credits the increasing geriatric population as one of the leading demographics in need of constant oxygen supply. However, the global medical oxygen concentrators market is being restrained by the large number of oxygen concentrators with continuous flow technology, which essentially waste oxygen and electricity when not in use. The high cost of portable oxygen concentrators is also making it difficult for emerging economies to adopt them at a faster rate.

The global medical oxygen concentrators market is projected to reach US$2.41 bn in 2024. It is expected to expand at a CAGR of 8.5% from 2016 to 2024, and was valued at US$1.25 bn in 2016.

Obtain Report Details: http://www.transparencymarketresearch.com/medical-oxygen-concentrators-market.html

Consumers Show Greater Preference for Portable Medical Oxygen Concentrators

In terms of modality, the global medical oxygen concentrators market is segmented into portable and stationary oxygen concentrators. Portable oxygen concentrators were leading the market in terms of demand in 2015. Portable oxygen concentrators are easy to carry, light in weight, work on rechargeable lithium batteries, and are small in size. They are designed for an individual of any age being able to carry a unit along his/her daily activities while receiving a concentrated supply of oxygen. The technology used in portable oxygen concentrators is largely known as pulse technology. Stationary oxygen concentrators work on continuous flow technology and consequently require a continuous electricity supply. These are generally used by patients during the night or at their homes. Due to the several advantages posited by the use of portable oxygen concentrators, it is expected that they will continue to acquire the leading share in the global oxygen concentrators market during the forecast period.

According to technology, pulse flow technology leads the global medical oxygen concentrators market in terms of growth rate currently. This technology releases concentrated oxygen only when the patient inhales. Thus it does not base itself on continuous working of the oxygen concentrators and reduces overall consumption of power, allowing units with pulse flow technology to work on rechargeable lithium batteries. Among the end users of the global medical oxygen concentrators market, the home care segment has so far been the leading revenue generator.

Fill the form for an exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3998

Geriatric and COPD Population in North America Puts Region in Lead

In terms of geography, the global medical oxygen concentrators market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America contributed the leading volume of demand in the global oxygen concentrators market for 2015, owing to an increasing use of portable oxygen concentrators at home. This region is likely to remain in the lead over the coming years. Europe places second in terms of demand in the global medical oxygen concentrators market, owing to an increasing level of awareness over use of oxygen concentrators over conventional oxygen supply units. Latin America and Asia Pacific collectively contributed to 31.4% of share in the global medical oxygen concentrators market for 2015 and are positioned as high potential locations in terms of untapped regions.

Leading players in the global medical oxygen concentrators market so fat have been Chart Industries, Inc., Inogen, Inc., Invacare Corporation, Koninklijke Philips N.V., Resmed Inc., Drive DeVilbiss Healthcare LLC., Precision Medical, Inc., Besco Medical Co. Ltd., O2 Concepts LLC, and GCE Group.

 

Global Medical Oxygen Concentrators Market: Rise in COPD Patients and Geriatrics Prompts Higher Manufacturing Rates, observes TMR

Medical Oxygen Concentrators Market: Snapshot

The global medical oxygen concentrators market is currently being driven by the rising number of COPD patients across the world. The number of patients suffering from lung cancer, asthma, smoking-related lung disorders, and other respiratory illnesses is also increasing at a swift rate, further boosting the overall demand for oxygen supply units and especially medical oxygen concentrators. These units are also considered more advantageous due to their portability and the fact that they can provide an uninterrupted supply of oxygen. Government reimbursement policies are also being increasingly favorable to the global medical oxygen concentrators market and the adoption rate of these units. The market also credits the increasing geriatric population as one of the leading demographics in need of constant oxygen supply. However, the global medical oxygen concentrators market is being restrained by the large number of oxygen concentrators with continuous flow technology, which essentially waste oxygen and electricity when not in use. The high cost of portable oxygen concentrators is also making it difficult for emerging economies to adopt them at a faster rate.

The global medical oxygen concentrators market is projected to reach US$2.41 bn in 2024. It is expected to expand at a CAGR of 8.5% from 2016 to 2024, and was valued at US$1.25 bn in 2016.

Obtain Report Details: http://www.transparencymarketresearch.com/medical-oxygen-concentrators-market.html

Consumers Show Greater Preference for Portable Medical Oxygen Concentrators

In terms of modality, the global medical oxygen concentrators market is segmented into portable and stationary oxygen concentrators. Portable oxygen concentrators were leading the market in terms of demand in 2015. Portable oxygen concentrators are easy to carry, light in weight, work on rechargeable lithium batteries, and are small in size. They are designed for an individual of any age being able to carry a unit along his/her daily activities while receiving a concentrated supply of oxygen. The technology used in portable oxygen concentrators is largely known as pulse technology. Stationary oxygen concentrators work on continuous flow technology and consequently require a continuous electricity supply. These are generally used by patients during the night or at their homes. Due to the several advantages posited by the use of portable oxygen concentrators, it is expected that they will continue to acquire the leading share in the global oxygen concentrators market during the forecast period.

According to technology, pulse flow technology leads the global medical oxygen concentrators market in terms of growth rate currently. This technology releases concentrated oxygen only when the patient inhales. Thus it does not base itself on continuous working of the oxygen concentrators and reduces overall consumption of power, allowing units with pulse flow technology to work on rechargeable lithium batteries. Among the end users of the global medical oxygen concentrators market, the home care segment has so far been the leading revenue generator.

Fill the form for an exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3998

Geriatric and COPD Population in North America Puts Region in Lead

In terms of geography, the global medical oxygen concentrators market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America contributed the leading volume of demand in the global oxygen concentrators market for 2015, owing to an increasing use of portable oxygen concentrators at home. This region is likely to remain in the lead over the coming years. Europe places second in terms of demand in the global medical oxygen concentrators market, owing to an increasing level of awareness over use of oxygen concentrators over conventional oxygen supply units. Latin America and Asia Pacific collectively contributed to 31.4% of share in the global medical oxygen concentrators market for 2015 and are positioned as high potential locations in terms of untapped regions.

Leading players in the global medical oxygen concentrators market so fat have been Chart Industries, Inc., Inogen, Inc., Invacare Corporation, Koninklijke Philips N.V., Resmed Inc., Drive DeVilbiss Healthcare LLC., Precision Medical, Inc., Besco Medical Co. Ltd., O2 Concepts LLC, and GCE Group.