04-Jul-2019

Medical Oxygen Concentrators Market Growth Flourish CAGR at 7.8% to 2024

Global Medical Oxygen Concentrators Market value of USD 1,755.8 million in 2018 and is projected to grow at a CAGR of 7.8% during the forecast period.

The Global Medical Oxygen Concentrators Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2018 to 2024. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2018 to 2024.

We can provide sample pages for a better understanding of this report.
Request Sample of This Report @ http://www.amecoresearch.com/sample/12952

Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Medical Oxygen Concentrators Market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2018 and the growth rate of the Global Medical Oxygen Concentrators Market?

What is the market drivers, restrains, opportunities governing the Global Medical Oxygen Concentrators Market?

Which are the largest and the fastest growing segments in the Global Medical Oxygen Concentrators Market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

View Detail Report With Complete Table Of Content@ http://www.amecoresearch.com/market-report/medical-oxygen-concentrators-market-mrf-12952

Global Medical Oxygen Concentrators Market Research Report Information by Product (Portable Oxygen Concentrators and Stationary Oxygen Concentrators), Technology (Continuous Flow, Pulse Dose), Indication (Chronic Obstructive Pulmonary Disease, Asthma, Sleep Apnea, Others), End User (Homecare, Travel, Hospitals and Clinics) and Region - Forecast till 2024

Market Scenario

Global Medical Oxygen Concentrators Market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 1,755.8 million in 2018 and is projected to grow at a CAGR of 7.8% during the forecast period. The oxygen concentrator is a medical device that concentrates the oxygen from a gas supply by selectively removing nitrogen to supply an oxygen-enriched product gas stream. Oxygen concentrator draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Oxygen concentrators assist people who have a low oxygen level in their blood. Oxygen concentrators are suitable for administering point-of-care (POC) oxygen in developing-country settings, especially where cylinders and piped systems are unavailable or inappropriate. These devices provide sustainable and cost-effective oxygen to health facilities with reliable power. The surging worldwide number of patients requiring long-term oxygen therapy (LTOT), rising prevalence of chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, growth in healthcare spending, mounting demand for portable oxygen concentrators, and the presence of favorable government initiatives are the major factors driving the market growth. For instance, according to the World Health Organization (WHO), in 2016, there were 251 million cases of COPD across the world.

On the flip side, the stringent regulatory scenario is anticipated to impede market growth during the forecast period.

Segmentation

The Global Medical Oxygen Concentrators Market has been segmented into product, technology, indication, end user, and region.

By product, the market has been segmented into portable oxygen concentrators and stationary oxygen concentrators. The portable oxygen concentrators segment commanded the market in 2018 and is expected to continue the dominance over the forecast period owing to growing adoption by travelers attributed to its lightweight, compact size, better mobility, and higher oxygen capacity. While, stationary oxygen concentrators segment would register comparatively higher market growth as these devices offer a more stable source of oxygen, hands-free operation, and longer tubing as compared to portable oxygen concentrators.

On the basis of technology, the market has been divided into the continuous flow and pulse dose.

Based on indication, the market has been categorized into chronic obstructive pulmonary disease, asthma, sleep apnea, and others.

By end user, the market has been classified into homecare, travel, hospitals and clinics, and others.

The global medical oxygen concentrators market has been segmented on the basis of region into the Americas, Europe, Asia-Pacific, and the Middle East amp; Africa. The medical oxygen concentrators market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.

The European medical oxygen concentrators market has been segmented into Western Europe and Eastern Europe. Western Europe, medical oxygen concentrators market, has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The medical oxygen concentrators market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The medical oxygen concentrators market in the Middle East amp; Africa has been segmented into the Middle East and Africa.

Key Players

Philips Healthcare
Invacare Corporation
AirSep Corporation
Drive DeVilbiss Healthcare
Medtronic plc
ResMed
Chart Industries, Inc.
Nidek Medical Products, Inc.
Precision Medical, Inc.
GCE Group
Besco Medical Limited
O2 Concepts, LLC
Inogen
Teijin Limited
OSI - Oxygen Solutions Inc.

Regional Market

Geographically, the Americas held substantial market share in 2018 attributed to the presence of key market players, established home healthcare care services, the growing burden of respiratory diseases, and favorable reimbursement policies in the US and Canada. For instance, as per the data provided by the Centers for Disease Control and Prevention (CDC), currently, around 16 million Americans are suffering from chronic obstructive pulmonary disease.

Europe would be the second largest value contributor in the global market due to the growing geriatric population coupled with rising prevalence of pulmonary hypertension, COPD, asthma, and fibrosis. Growing exposure to smoke, chemicals, aerosols and other pollutants are increasing the risk to develop respiratory diseases. According to the European Medicines Agency (EMA), presently, asthma affected more than 30 million Europeans.

Asia-Pacific is expected to represent the fastest market growth from 2018 to 2024 owing to boosting demand for portable concentrators, increasing healthcare expenditure, and growing awareness about oxygen concentrators. For instance, according to a report by Organization for Economic Co-operation and Development (OECD), averagely, between 2010 to 2015, the growth rate in per capita health spending in real terms was 5.3% per year in Asia-Pacific, higher than the 3.9% observed for the gross domestic product (GDP).

The medical oxygen concentrators market in the Middle East amp; Africa would witness the modest market growth rate from 2018 to 2024. The Middle East would spearhead the market attributed to the rising prevalence of sleep apnea. According to ResMed, sleep apnea affects more than 3 in 10 men and nearly 1 in 5 women in the Middle East.

Global Medical Oxygen Concentrators Market, by Product
Portable Oxygen Concentrators
Stationary Oxygen Concentrators

Global Medical Oxygen Concentrators Market, by Technology
Continuous Flow
Pulse Dose

Global Medical Oxygen Concentrators Market, by Indication
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Sleep Apnea
Others

Global Medical Oxygen Concentrators Market, by End User
Homecare
Travel
Hospitals and Clinics
Others

Global Medical Oxygen Concentrators Market, by Region
Americas
North America
US
Canada
Latin America
Europe
Western Europe
Germany
France
Italy
Spain
UK
Rest of Western Europe
Eastern Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
Middle East amp; Africa
Middle East
Africa

Intended Audience
Medical oxygen concentrators manufacturers
Medical oxygen concentrators suppliers
Venture capitalists
Medical devices companies
Research and academic institutes
Healthcare facilities
Association and government bodies
Market research and consulting service providers
Corporate entities

Table Of Contents

Medical Oxygen Concentrators Market Research Report - Global Forecast till 2024

Chapter 1 Report Prologue

Chapter 2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Detection Technique Trends amp; Assessment

Chapter 5 Market Factor Analysis

5.1 Porterrsquo;s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6 Global Medical Oxygen Concentrators Market, By Product

6.1 Introduction

6.2 Portable Oxygen Concentrators

Market Estimates amp; Forecast, By Region, 2019ndash;2024