November 23, 2022 06:00 ET | Source: Market Study Report Market Study Report
Pune, India, Nov. 23, 2022 (GLOBE NEWSWIRE) -- MarketStudyReport recently added latest report, global Medical Oxygen Concentrators Market accounted for USD 2,540.02 million in 2021, and is predicted to grow to USD 3,503.19 million by 2028, at a CAGR of 4.62% over the study period. Medpro Nebulizer
The study highlights geographical bifurcation and assesses a variety of industry sub-segments, including application and type. Aside from that, it lists some important factors that during the analysis period affected revenue and market dynamics. The sector's competitive environment and the methods utilized by top rivals to improve their market positions are also covered in the research.
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The increasing prevalence of respiratory disorders such as chronic obstructive pulmonary disorder (COPD), sleep apnea, hypoxemia, pulmonary edema, etc.; rising product demand among geriatric and bedridden patients; and a sharp increase in demand following the COVID-19 pandemic worldwide are some of the chief factors driving the expansion of global medical oxygen concentrators market.
For the record, medical oxygen concentrators are technological tools that provide patients suffering from breathing issues with more oxygen. The apparatus purifies medical-grade oxygen before distributing it by compressing ambient air to the necessary density. The machine has unique filters and sieve beds that help remove nitrogen from the air so that the patient is breathing in only pure oxygen.
Based on type, the marketplace is categorized into stationary and portable medical oxygen concentrators. Moving on to the application landscape, worldwide medical oxygen concentrators industry is divided into outdoor care, hospital care, and home care.
Regionally, the latest trends are studied across Europe, Middle East & Africa, South America, Asia Pacific, and North America.
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Moving to the competitive landscape, SysMed Co. Ltd., Longfei Group Co. Ltd., Daikin Industries Ltd., Precision Medical Inc., GF Health Products, Shenyang CANTA Medical Tech Co. Ltd., Nidek Medical Products Inc., Beijing Shenlu Medical Device Co. Ltd., Omron Corporation, Air Water Inc., O2 Concepts., ResMed Inc., DeVilbiss Healthcare Pvt. Ltd. , Linde plc, Koninklijke Philips N.V., Teijin Limited, Invacare Corporation, Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., The NGK Spark Plug Co. Ltd., and Inogen among others are the significant players in global medical oxygen concentrators industry.
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Global Medical Oxygen Concentrators Market, By Type (Revenue, USD Million, 2016-2028)
Global Medical Oxygen Concentrators Market, By Application (Revenue, USD Million, 2016-2028)
Global Medical Oxygen Concentrators Market, Geographical Fragmentation (Revenue, USD Million, 2016-2028)
Global Medical Oxygen Concentrators Market, Company Profiles (Revenue, USD Million, 2016-2028)
Chapter 3: Growth Opportunities by Segment
Chapter 5: Medical Oxygen Concentrators Market by Type
5.1 Medical Oxygen Concentrators Market Overview Snapshot and Growth Engine
5.2 Medical Oxygen Concentrators Market Overview
Chapter 6: Medical Oxygen Concentrators Market by Application
6.1 Medical Oxygen Concentrators Market Overview Snapshot and Growth Engine
6.2 Medical Oxygen Concentrators Market Overview
Chapter 7: Company Profiles and Competitive Analysis
Global and Regional Medical Indoor Oxygen Concentrators Industry Status and Prospects Professional Market 2022-2027
The global Medical Indoor Oxygen Concentrators market was valued at 2141.92 Million USD in 2021 and will grow with a CAGR of 4.88% from 2021 to 2027. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). About Us:
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