Portable Oxygen Concentrators Market by Size | Growth | Analysis | Trends and Forecasts to 2019-2028
Portable oxygen concentrator (POC) is a medical device which supplies oxygen to patients suffering from respiratory problems. Portable oxygen concentrators are considered safer, easy to use, and inexpensive solutions as compared to conventional oxygen cylinders. Portable oxygen concentrators (POC) separates nitrogen and oxygen from air in the environment, and then discards the nitrogen and supplies 95% pure oxygen to patients through a mask. POCs are smaller as compared to stationary oxygen concentrators, allowing patients to easily carry the device. Moreover, these devices can also be used by mountaineers, and individuals travelling to places where oxygen is present inadequate amounts.
The global market research report records significant aspects related to business constraints and proceedings that cover inventive technological progresses, acquisitions, mergers and collaboration, introduction of new product, distinct business statistics of the Portable Oxygen Concentrators market that has been studied in the history and has to be prepared over the forecast period 2017- 2026. The global market report executes a comprehensive study on the past data, present as well as the upcoming market trends in the market and future estimations. However, the market report stands to be explicit in gathering the data that can be viewed by the number of users which include researchers, experts, and advisors.
Increasing incidence of chronic obstructive pulmonary diseases, and growing awareness for oxygen therapy devices among the general population are key factors driving the global portable oxygen concentrators market. In addition, changing consumer lifestyle, increasing adoption of new technologies, and increase in government expenditure on healthcare facilities are other factors contributing to growth of the global portable oxygen concentrators (POC) market over the forecast period.
Further, industrial constraint investigation of the market that combines with the report making it more understandable. The report offers buyers and distributors data of market in addition to the competitive players of Portable Oxygen Concentrators product includes their production and price structure.
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Addition to this, the global Portable Oxygen Concentrators market serves major top players Koninklijke Philips N.V., Chart Industries Inc., GCE Group, Besco Medical Co. Ltd., Resmed Inc., O2 Concepts LLC, Inogen Inc., Inc., Precision Medical Inc., Invacare Corporation, Foshan Keyhub Electronic Industries Co. Ltd., Oxus America and Drive DeVilbiss Healthcare
Global portable oxygen concentrators market segmentation by product:
Continuous flow portable oxygen concentrator
Pulse flow portable oxygen concentrator
Global portable oxygen concentrators market segmentation by end user:
Ambulatory surgical centers
North America holds the major market share in terms of revenue in the global portable oxygen concentrators (POC) market as compared to that of markets in other regions. This can be attributed to high prevalence rate of respiratory diseases, increasing home healthcare adoption coupled with favorable reimbursement policies in the region. Europe accounts for the second-highest revenue share contribution to the global market followed by markets in Latin America, and Asia Pacific respectively.
The global Portable Oxygen Concentrators market has highlights on each and every region intensely to comprehend the overview related to different manufacturer at small scale and large scale level. In addition, the market also provides SWOT study (Strength, Weaknesses, Opportunities, and Threats) and PESTAL (Political, Economic, Social, Technological, Environmental and Legal) including CAGR value over the forecast period 2017-2026.
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