Showing posts with label Oxygen Concentrators Market. Show all posts
Showing posts with label Oxygen Concentrators Market. Show all posts

Sunday, 1 August 2021

United States Oxygen Concentrators Market to Grow at a Significant Rate through 2026 | TechSci Research

Rapid growth of geriatric population and high healthcare expenditure is expected to drive United States oxygen concentrators market for the forecast period.

United States Oxygen Concentrators Market - TechSci Research
According to TechSci Research report, United States Oxygen Concentrators Market By Type (Portable v/s Stationary) By Technology (Pulse Flow, Continuous Flow, Continuous/Pulse) By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min) By Source (Import v/s Domestic) By Application (COPD, Pneumonia, COVID-19, Hypoxemia, Others) By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care) By Company, By Region, Forecast & Opportunities, 2026”, the United States oxygen concentrators market is expected to witness significant growth for the next five years. An oxygen concentrator is a device that concentrates oxygen from the gas supply by selectively removing the nitrogen for supplying an oxygen-enriched product gas stream.

Increasing prevalence of COPD, respiratory distress syndrome, asthma and respiratory diseases are contributing significantly to the growth of the oxygen concentrators market. Growth in home care oxygen concentrators due to rising preference and high healthcare expenditure in home healthcare devices is accelerating the oxygen concentrators market growth. Large old age population is suffering from cardiopulmonary diseases is further fueling the demand for oxygen concentrators in residential spaces. Occurrence of critical conditions due to prevalence of respiratory disease disorders require continuous flow of oxygen. During emergency situations need for continuous oxygen supply is fostering the growth of the oxygen concentrators market.

The recent COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has affected countries adversely. Leading authorities in United States imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing which created lucrative opportunities for the growth of the oxygen concentrators market. United States authorities increased the capacity of hospitals as a greater number of patients were getting affected on a daily basis and getting admitted into the hospital facilities. The demand for oxygen concentrators is on peak during this time due to increasing need for oxygen concentrators as oxygen is dropping down to lower levels in patients suffering from coronavirus. Oxygen concentrators market in United States is expected to witness significant growth for this period for the treatment of coronavirus.

However, manufacturing and marketing standards of oxygen concentrators may create hindrance in the growth of the oxygen concentrators market.

Browse XX Figures spread through XX Pages and an in-depth TOC on "United States Oxygen Concentrators Market”.

https://www.techsciresearch.com/report/united-states-oxygen-concentrators-market/7625.html

United States oxygen concentrators market is segmented into type, technology, flowrate, source, application, end users, regional distribution, and company. Based on type, oxygen concentrators market is bifurcated into portable and stationary. The portable oxygen concentrator segment is expected to account for major market share for the forecast period, 2022-2026. Benefits such as ease of use, move according to patient’s convenience and lower weight than the stationery oxygen concentrators. Based on application, market is divided into COPD, pneumonia, COVID-19, hypoxemia, and others. The COVID-19 segment is expected to register fastest incremental growth due to high prevalence of coronavirus across United States. Rise in number of people getting affected results in lower oxygen level in body which requires the support of supplement oxygen thereby driving the growth of the oxygen concentrator market.

COPD segment is expected to largest market share for the forecast period due to changing lifestyle and rise in smokers in United States. Also, the presence of large old age population along with favourable healthcare policies is fostering the growth of the oxygen concentrators market. Based on technology, market is fragmented into pulse flow, continuous flow, and continuous/pulse. The continuous flow segment is expected to dominate the oxygen concentrators market for the next five years. Old age and bedridden patients require continuous flow of oxygen. These are affordable over its other counterparts and rapid technological development is driving the oxygen concentrators market growth.

Philips Healthcare (USA), Invacare Corporation, Inogen, Inc., NGK Spark Plugs (U.S.A.), Inc., Nidek Medical Products, Inc., Supera Anesthesia Innovations, O2 Concepts, LLC, DeVilbiss Healthcare LLC are the leading players operating in United States oxygen concentrators market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several oxygen concentrators manufacturers are coming up with their technologically advanced offerings.

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“High-end investments by oxygen concentrator manufacturers to provide long battery life to oxygen concentrators, miniaturization of cylinders, and integration of membrane technology is expected to fuel the growth of oxygen concentrators market. Shift of preference from traditional oxygen concentrators to portable concentrators along with launch of new oxygen cylinders with enhanced portability is expected to propel the United States oxygen concentrator market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

United States Oxygen Concentrators Market By Type (Portable v/s Stationary) By Technology (Pulse Flow, Continuous Flow, Continuous/Pulse) By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min) By Source (Import v/s Domestic) By Application (COPD, Pneumonia, COVID-19, Hypoxemia, Others) By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of United States oxygen concentrators market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United States oxygen concentrators market.

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Global Portable Oxygen Concentrators Market By Type (Molecular Sieve Oxygen Concentrator, Macromolecule Oxygen Permeable Membrane Oxygen Concentrator, Electrolysis Oxygen Concentrator, Chemical Oxygen Concentrator, Others) By Deliver System (Continuous Flow, Pulse Flow) By Application (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Respiratory Distress Syndrome, Sleep Apnea, Others) By End-User (Hospitals, Homecare Settings, Ambulatory Surgical Centers, Others) By Sales Channel (Direct Sales, Distributors) By Region, Competition Forecast & Opportunities, 2026

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Australia Respiratory Care Devices Market By Product Type (Therapeutic Devices, Monitoring Devices, Diagnostic Devices, Consumables & Accessories), By Indication (Chronic Obstructive Pulmonary Disease, Sleep Apnea, Asthma, Infectious Diseases, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/australia-respiratory-care-devices-market/7425.html

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Monday, 28 June 2021

Oxygen Concentrators Market to Grow at a Steady CAGR of 4.38% During the Forecast Period | TechSci Research

Increasing prevalence of respiratory disorders is driving the growth in the global oxygen concentrators market in the forecast period, 2022-2026.

Oxygen Concentrators Market - TechSci Research
According to TechSci Research report, Global Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology (Continuous Flow, Pulse Flow, Continuous/Pulse Flow), By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min), By Application (COPD, Lung Cancer, Pneumonia, COVID-19, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Home Care, Others), By Region, Competition Forecast & Opportunities, 2026, the global oxygen concentrator market stood at USD2409.36 million in 2020 and is expected to grow at a steady rate of 4.38% during the forecast period on account of the sudden outbreak and spread of the COVID-19 pandemic.

The virus has affected around 220 countries across the globe with a total of around 171.99 million reported cases globally, as of June 2nd, 2021. The virus causes infections in the lungs of certain patients leading to breathing issues and requirement of oxygen support. This created a demand for oxygen concentrators globally, thereby driving the growth of global oxygen concentrators market. The pandemic crisis is still prevalent, and the virus is still affecting people across many countries. Various countries in the Asia Pacific, South America region are experiencing the second wave of the virus spread and creating a huge demand for oxygen concentrators.

The virus is regularly mutating, and new strains are being observed in infected patients. Also, certain countries can experience the third wave of virus spread. All these factors are expected to positively influence the growth of global oxygen concentrators market in the next few years. Additionally, there are other factors such as growing geriatric population base suffering from various diseases that require oxygen support, thereby fueling the market growth.

Also, factors such as increasing air pollution, smoking habits of population, among others have increased the prevalence of several respiratory diseases. This in turn is expected to spur the market growth through 2026. However, lack of awareness related to oxygen concentrators, especially in the under-developed and developing economies, can restrict the market growth during the forecast period. Additionally, stringent regulatory approval process and product recalls by the FDA can further impede the market growth.

Browse over 169 market data Figures spread through 110 Pages and an in-depth TOC on "Global Oxygen Concentrators Market"

https://www.techsciresearch.com/report/oxygen-concentrators-market/7442.html

The global oxygen concentrator market is segmented based on type, technology, flow-rate, application, end user, company, and regional distribution. Based on technology, the market can be categorized into continuous flow, pulse flow and continuous/pulse flow. The continuous flow technology dominated the market in 2020 with a share of around 58.41% since most of the concentrators are based out on this technology only. Additionally, using continuous flow technology a continuous flow of oxygen is ensured to the patient irrespective of the fact whether the patient is inhaling or exhaling. However, pulse flow technology will register the highest growth during the forecast period since it is more efficient and convenient to use especially in case of patients requiring oxygen supply of 450ml/min-1250ml/min.

Additionally, these can be used effectively by regular air travelers, sports players suffering from different respiratory problems, among others. Based on application, the market can be fragmented into COPD, Lung Cancer, Asthma, COVID-19, and others. COPD is expected to dominate the market during the forecast period owing to the growing prevalence of COPD and increase in mortality caused due to COPD worldwide. Based on end user, the market is categorized on the basis of hospitals & clinics, ambulatory care centers, home care.

Hospitals & Clinics dominated the market in 2020 with a share of around 36.46% owing to the large patient population coming to the hospitals who require oxygen support. While the homecare segment is expected to register the highest growth during forecast period owing to the growing popularity of remote patient monitoring, telehealth & telemedicine and home healthcare among the population worldwide. Also, the pandemic crisis has led to the adoption of homecare among the people across different countries.

Major companies operating in the global oxygen concentrators market include Koninklijke Philips N.V., Invacare Corporation, Teijin Limited, Precision Medical, Inc., Drive DeVilbiss Healthcare LLC, Nidek Medical Products Inc., Inogen Inc., NGK Spark Plug Co., Ltd., GCE Group, Linde Healthcare, among others. The players operating in the market are using organic strategies for growth including mergers & acquisitions and expanding their product portfolio to stay competitive in the market and having an edge over their competitors. For instance, In August 2019, Inogen acquired New Aera, Inc., a manufacturer and developer of non-invasive portable ventilators. The company aims to integrate TAV (Tidal Assist Ventilator) technology into its oxygen concentrators to maintain their market position with advanced portfolio.

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“North America dominated the global oxygen concentrators market in 2020 and is expected to continue its dominance over the forecast period also on account of growing prevalence of several respiratory problems such as COPD, Lung Cancer, Asthma, among others in the region. Additionally, the region has a well-established healthcare infrastructure, thereby fueling the market growth. Also, the presence of key market players like Invacare Corporation and Inogen, Inc. in the region is further supporting the market growth.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology (Continuous Flow, Pulse Flow, Continuous/Pulse Flow), By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min), By Application (COPD, Lung Cancer, Pneumonia, COVID-19, Others), By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care, Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global oxygen concentrators market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global oxygen concentrators market.

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Global Fluoroscopy Equipment Market By Type (Fixed C-arms, Fluoroscopy Systems, Remote Controlled Systems, Patient-Side Controlled Systems, Others) By Application (Diagnostics v/s Surgical) {By Diagnostic (Cardiology, Gastroenterology, Urology & Nephrology, Others)} {By Surgical (Orthopedic & Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Others)} By End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others) By Region, Competition Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/fluoroscopy-equipment-market/7367.html

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Mr. Ken Mathews

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Monday, 7 June 2021

India Oxygen Concentrators Market to Grow at a Robust CAGR in FY2022 | TechSci Research

Increasing health awareness among the population is driving the growth of India Oxygen concentrators market in the forecast years.

India Oxygen Concentrators Market - TechSci Research

According to TechSci Research report, “India Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology (Continuous Flow, Pulse Flow, Continuous/Pulse Flow), By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min), By Source (Import v/s Domestic), By Distribution Channel (Wholesalers/Distributors/Suppliers, Online, Direct Sales), By Offering (Rental v/s New Sales), By Application (COPD, Lung Cancer, Asthma, COVID-19,  Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Home Care), By Region, Competition Forecast & Opportunities, FY2027F”, India oxygen concentrators market stood at USD78.89 million in FY2021 owing to the growing prevalence of chronic respiratory diseases among the population. This has in turn increased the patient pool requiring oxygen support, thereby fueling the market growth. Also, increasing air pollution especially in the metro cities such as Delhi-NCR, among others has increased the prevalence of pulmonary problems among the population. According to World Health Organization (WHO) statistics, about 20 million patients suffer from asthma in the country. To cater to their requirement of the oxygen and to provide it with efficiency and on time, the demand for the oxygen concentrators is anticipated to increase in the coming years. Additionally, technological developments and new product launches by major players operating in the market is expected to create lucrative opportunities for growth in the next five years. Also, supportive government policies like Make in India and Aatmanirbhar Bharat will set up grounds for manufacturing of concentrators in India, opening new opportunities for the Indian players and the overall market as well. However, high cost of oxygen concentrators can lead to affordability constraints among the population and their switching over to other oxygen therapy equipment. This in turn is expected to hamper the market growth through FY2027.

Browse over 30 market data Figures spread through 70 Pages and an in-depth TOC on "India Oxygen concentrators Market"

https://www.techsciresearch.com/report/india-oxygen-concentrators-market/7412.html

The India oxygen concentrators market is segmented by type, technology, flow-rate, source, distribution channel, offering, application, end user, region, and company. Based on technology, the market can be categorized into continuous flow, pulse flow and continuous/pulse flow. The continuous flow oxygen concentrators dominated the market in FY2021 with a market share of around 61.37%. This can be attributed to the fact that concentrators based on continuous flow technology can provide a continuous supply of oxygen irrespective of the fact that the patient is inhaling or exhaling. As a result of this major companies are manufacturing their concentrators based on this technology only. Based on application, the market is fragmented into COPD, Lung Cancer, Asthma, COVID-19, and others. The share of COPD increased significantly in FY2021 owing to the sudden outbreak and spread of pandemic in the country. Additionally, the surge in COVID-19 cases in the country has created a large patient pool requiring oxygen support. Moreover, Lung Cancer is also anticipated to hold a significant market share owing to the increased pollution and poor air quality of the country which has significantly increased the prevalence of the disease among the population. Based on end user the market is categorized into hospitals & clinics, ambulatory care centers and home care. Hospitals & Clinics are expected to dominate the market during the forecast period owing to the large sized oxygen tanks and need of expert monitoring for the supply of oxygen to be consistent and continuous. However, homecare is expected to experience significant growth in the next few years.

Some of the top players in the India oxygen concentrators market include Philips India Limited, BPL Medical Technologies Private Limited, Nidek Medical India Pvt Ltd., Sanrai Med India Private Limited, GCE India Pvt. Ltd., Kannu Impex (India) Pvt. Ltd., Monarch Meditech, MediKart HealthCare Systems Pvt.Ltd., Technocare Medisystems, GPC Medical Ltd., among others.

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“India oxygen concentrators market is anticipated to grow due to the rising coronavirus infected patient count in the upcoming five years. The spread of virus has recently taken a new toll of death counts that has reached to more than one million. Market players who are looking for expansion or any new players who want to enter the market, may focus over the regions and cities with the higher patient counts and on the distribution methods for the supply of the product in the otherwise lacking areas,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology (Continuous Flow, Pulse Flow, Continuous/Pulse Flow), By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min), By Source (Import v/s Domestic), By Distribution Channel (Wholesalers/Distributors/Suppliers, Online, Direct Sales), By Offering (Rental v/s New Sales), By Application (COPD, Lung Cancer, Asthma, COVID-19,  Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Home Care), By Region, Competition Forecast & Opportunities, FY2027F has evaluated the future growth potential of India oxygen concentrators market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India oxygen concentrators market.

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Wednesday, 19 May 2021

Oxygen Concentrators Market to Grow with Increasing Pulmonary Diseases During the Forecast Period | TechSci Research

Rising demand of minimally invasive diagnostic processes is driving the growth in Global Oxygen Concentrators Market in the forecast period, 2022-2026.

Oxygen Concentrators Market - TechSci Research
According to TechSci Research report, Global Oxygen Concentrators Market By Type (Portable v/s Stationary) By Technology (Pulse Flow v/s Continuous Flow) By Application (Bronchitis, Pneumonia, COVID-19, Lung Cancer, Others) By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care) By Region, Competition Forecast & Opportunities, 2026, the global oxygen concentrator market is expected to show a robust growth in the forecast period, 2022-2026, on the account of increasing number of COVID-19 positive patients. The disease has been termed as pandemic since March 2020, and even after claiming millions of lives, the control over the virus has not been completed. In fact, new strains of the virus are still rapidly increasing the patient count as well as claiming their lives mostly in the countries like India. One of the major symptoms and effect the patients are suffering is the lack of oxygen they experience after the infection. Oxygen concentrators are utilized to over come the effect of the viral infection. Moreover, respiratory disorders, lung diseases, lung cancer, and pulmonary diseases are also increasing on a worldwide level.

In fact, five years ago, according to the reliable sources of United States government, more than 16 million U.S. citizens (adults) were diagnosed with the severe cases of chronic obtrusive pulmonary disorder (COPD). 9 million were suffering from chronic bronchitis, and 3.5 million struggled with emphysema. As fearful these stats seem, the diseases are still rapidly increasing and affecting the population all over the world. With the poor choices of lifestyle like smoking, excessive alcoholism, and increased industrialization all over the world, the cases of the pulmonary diseases are increasing. Thus, its safe to say that these factors are directly affecting the health as well as the market for oxygen concentrators. Patients suffering from these diseases fail to breathe in oxygen and their body fails to separate out the oxygen from the other gases. The toxic gases are worsening the cases thereby the surge in the demand for the oxygen concentrators is increasing. Furthermore, ResMed, one of the leading participants of the oxygen concentrators market and to meet the rapidly increasing global demand, the company is increasing its masks manufacturing capacities by 10 times and ventilator manufacturing by 2-3 times. The company has a capacity of manufacturing nearly 1 million devices annually.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Oxygen Concentrators Market"

https://www.techsciresearch.com/report/oxygen-concentrators-market/7442.html

The global oxygen concentrator market is segmented by type, technology, application, end user, competitional landscape, and regional analysis. Based on technology, the market is further categorized into pulse flow and continuous flow. Pulse flow oxygen concentrators work on the principle where it provides puffs of oxygen when the patient inhales. Continuous flow provides oxygen regardless of whether the oxygen patient is inhaling or exhaling.

Based on application, the market is further fragmented by bronchitis, pneumonia, COVID-19, lung cancer, and others. COVID-19 is anticipated to hold the largest market share owing to the large number of the patients that is continuously increasing due to the new strain of virus that was recently discovered. Moreover, other lung problems like bronchitis, is also anticipated to hold a significant market share owing to the increased pollution and foul air quality of the country. Based on end user the market is categorized on the basis of hospitals & clinics, ambulatory care centers, home care. Hospitals & Clinics are anticipated to hold the largest market share in the future five years owing to the large sized tanks and need of expert monitoring for the supply t be consistent and continuous. Although, homecare is expected to experience the fastest growth in the market share owing to the pandemic situation the country is struggling with.

Holding major shares of the global oxygen concentrators market, major competitors are Koninklijke Philips N.V., Invacare Corporation, ResMed, Inc., AirSep Corporation, Precision Medical, Inc., DeVilbiss Healthcare LLC, Nidek Medical Products Inc., Inogen Inc., NGK Spark Plug Co., Ltd., GCE Group among others. Market players are actively involved in the technological advancement and currently looking out to increase the manufacturing units to meet the demand from various end users. Countries like India and China are still struggling with the increasing number of the COVID-19 patients and the demand for the oxygen concentrators have multiplied rapidly. Although the imports and exports of the supply units have increased, manufacturing units at multiple points will further support the growth of the market. Partnerships among the market giants would support the market growth further.

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“North America is anticipated to hold the largest share of the global market in the next five years on the account of government and private funding for R&D in oxygen concentrator devices, the increasing number of healthcare providers, the increasing geriatric population, and rising incidences of lung related diseases. Also, the increased number of diseases has drived the maximum number of market layers to operate in the region. New market players can strategize for the significant market players by investing in the research and development of the technologically advanced products,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Global Oxygen Concentrators Market By Type (Portable v/s Stationary) By Technology (Pulse Flow v/s Continuous Flow) By Application (Bronchitis, Pneumonia, COVID-19, Lung Cancer, Others) By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global oxygen concentrators and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global oxygen concentrators market.

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Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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For More Market Research Blogs Visit: https://techsciblog.com/