Coherent Market Insights published a business research report on Medical Oxygen Concentrators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2022–2028. Medical Oxygen Concentrators Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
The global Medical Oxygen Concentrators Market analysis further provides pioneering landscape of market along with market augmentation history and key development involved in the industry. The report also features comprehensive research study for high growth potential industries professional survey with market analysis. Medical Oxygen Concentrators Market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.
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A concentrator device for oxygen is a medical gear, which packs the air concentration around the patient to convey it to them in a cleaner structure. The stock of oxygen is continuous and not at all like an oxygen tank, can never run out as long as the battery is fueled or the blower is connected to a power plug. There are two sorts of oxygen conveyance in oxygen concentrators: continuous flow conveyance and pulse portion conveyance.
The global medical oxygen concentrators market is assessed to represent US$ 1,683.3 Mn as far as worth and is relied upon to arrive at US$ 3,087.8 Mn by the end of 2027.
Global Medical Oxygen Concentrators Market: Drivers
The benefits of portable oxygen concentrators are relied upon to impel the development of the global medical oxygen concentrators market over the figure time frame. Portable oxygen concentrators can be handily completed all over the place. Portable oxygen concentrators are lightweight and don’t need a continuous electric stockpile. Consequently, these can be handily utilized while doing other everyday exercises. Both pulse and continuous flow innovations are being utilized in portable oxygen concentrators, which has enlarged its use.
Global Medical Oxygen Concentrators Market: Opportunities
Expanding number of medical procedures is relied upon to offer rewarding development openings for players in the global medical oxygen concentrators market. For example, as per the Australian Institute of Health and Welfares Hospitals initially, 201718 reports refreshed in August 2019, confirmations for crisis medical procedure expanded between 2016-2017 and 2017-2018 by 2.9% in open hospitals and by 5.1% in private hospitals in Australia.
Global Medical Oxygen Concentrators Market: Restraints
The significant expense of portable oxygen concentrators is relied upon to restrict the development of the global medical oxygen concentrators market. Portable oxygen concentrators are little and lightweight, thus are not difficult to convey. An essential portable oxygen concentrator runs between US$ 2,665 and US$ 3,243. Subsequently, the significant expense of portable oxygen concentrators is a central point liable to hamper the development of the global medical oxygen concentrators market.
The global medical oxygen concentrators market was esteemed at US$ 1,683.3 Mn in 2019 and are figure to arrive at a worth of US$ 3,087.8 Mn by 2027 at a CAGR of 9.1% somewhere in the range of 2020 and 2027. The main consideration driving the development of the global medical oxygen concentrators market during the gauge time frame incorporates the high predominance of respiratory illnesses and progressing COVID-19 pandemic.
Portable gadgets stood firm on a predominant foothold in the global medical oxygen concentrators market in 2019, representing 64.9% share as far as worth, trailed by stationary gadgets, separately. Portable gadgets can be assumed starting with one position then onto the next and enjoy benefits like low weight, movability, and are less expensive.
Foundation of industry-centered affiliations, for example, Compressed Gas Association, Medical Gas Association, and Gases and Welding Distributors Association is relied upon to support the development of the global medical oxygen concentrators market. Such affiliations help in spreading out methodologies that would, at last, assist the market with flourishing and thriving.
In Europe, medical gas frameworks including medical oxygen concentrators should be CE Certified and Labeled as per Council Directive 93/42 EEC Concerning Medical Devices (Class IIB); 2006/42 EC Machinery Directive; 97/23/EEC Pressure Equipment Directive (PED) and 2006/95/EC, Low Voltage Electrical Equipment Directive (LVD).
Global Medical Oxygen Concentrators Market: Competitive Landscape
Major players operating in the global medical oxygen concentrators market include GCE Group, O2 Concepts, LLC, Besco Medical Co. Ltd., Precision Medical, Inc., Drive DeVilbiss Healthcare LLC, ResMed Inc., Koninklijke Philips N.V., OxygenToGo, LLC, Invacare Corporation, Inogen Inc., and Chart Industries, Inc.
Global Medical Oxygen Concentrators Market: Key Developments
In October 2019, OxygenToGo, LLC, initiated a new office near the Heathrow Airport in London in order to increase its services in Europe and the United Kingdom.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Medical Oxygen Concentrators Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medical Oxygen Concentrators Industry Impact
Chapter 2 Global Medical Oxygen Concentrators Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Oxygen Concentrators (Volume and Value) by Type
2.3 Global Medical Oxygen Concentrators (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Medical Oxygen Concentrators Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medical Oxygen Concentrators Market Analysis
Chapter 6 East Asia Medical Oxygen Concentrators Market Analysis
Chapter 7 Europe Medical Oxygen Concentrators Market Analysis
Chapter 8 South Asia Medical Oxygen Concentrators Market Analysis
Chapter 9 Southeast Asia Medical Oxygen Concentrators Market Analysis
Chapter 10 Middle East Medical Oxygen Concentrators Market Analysis
Chapter 11 Africa Medical Oxygen Concentrators Market Analysis
Chapter 12 Oceania Medical Oxygen Concentrators Market Analysis
Chapter 13 South America Medical Oxygen Concentrators Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Oxygen Concentrators Business
Chapter 15 Global Medical Oxygen Concentrators Market Forecast (2021-2027)
Chapter 16 Conclusions
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