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Portable Oxygen
Concentrators Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
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Report
Description
Report Description
Global market for oxygen concentrators has undergone substantial changes with the
advent of portable technology. Oxygen concentrator is a device for making concentrated
oxygen available to the patient requiring this therapy, and portable oxygen concentrators
facilitates the mobility of the users as it is light in weight, inexpensive and more powerful.
Global portable oxygen concentrators market support the lifestyle of the patient. In order
to expedite the growth of global portable oxygen concentrators market, continuous
research and development is done to introduce devices which allows freedom of
meaningful lifestyle for the patients. In global portable oxygen concentrators market, a
pulse dose system finds more application due to its light weight and more lasting battery
life of up to 8 hours. Rising geriatric population with the increase in respiratory
conditions is driving global portable oxygen concentrators market. The global portable
oxygen concentrators market is anticipated to grow with a double digit compound annual
growth rate during the forecast period.
Global Portable Oxygen Concentrators Market: Drivers and Restraints
The major driving factor for the growth of global portable oxygen concentrators market is
its flexibility and capability to be utilized under any circumstances. The growing number
of geriatric population and changing lifestyle of the people which has led to a rise in
smoking population, increases the demand for global portable oxygen concentrators
market. According to WHO the geriatric population is expected to reach to 22% by the
end of 2050 which is double of the current population.
Report
Description
Report Description
The rising cases of respiratory diseases such as Chronic Obstructive Pulmonary Disease
(COPD), emphysema, chronic bronchitis, etc. is leading to an increased utilization for
global portable oxygen concentrators market. The approval of portable oxygen
concentrators by the Federal Aviation Administration (FAA) has extended the application
of global portable oxygen concentrators while on airlines. As the demand for global
portable oxygen concentrators market is increasing, there has been an upsurge in the
entry of new competitors thus leading to an increase in the availability of low price and
high quality devices. The advent of global portable oxygen concentrators has changed the
dynamics of the market supplementing the usage of liquid oxygen.
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Global Portable Oxygen Concentrators Market: Segmentation
Global portable oxygen concentrators market can be segmented on the basis of oxygen
delivery system, end-use, technology and geography.
Oxygen Delivery systems
Pulse Dose System
Continuous Dose System
Report
Description
Report Description
Pulse dose system is dependent on breathing requirement while continuous flow system,
oxygen is delivered at a constant rate, independent of the breathing pattern.
End-use:
Hospitals
Home Care Settings
Ambulatory Services
Technology:
Traditional Delivery Technology
Smart Delivery Technology
Global Portable Oxygen Concentrators Market: Overview
Changing lifestyle of people and requirement of devices which will support the lifestyle of
the patient without hampering their freedom of movement has led to the advent of
global portable oxygen concentrators market. The technological advancements has
transformed the global portable oxygen concentrators market. Global portable oxygen
concentrators market is anticipated to grow with a double digit CAGR during the forecast
period, overpowering the home delivery markets as it costs money and consumption of
resources. Private insurers and CMS Medicare resist reimbursing for the transport of
liquid oxygen due to truck rolls being expensive.
Report
Description
Report Description
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Global Portable Oxygen Concentrators Market: Region- wise Outlook
Global portable oxygen concentrators market is dominated by North America followed by
Europe, with the growing awareness of the consumers and approval by the various
regulatory bodies. The growth of geriatric population is highest in U.S. with the COPD
being the fourth principal cause of death in U.S. the changing lifestyle and startling rise in
number of smokers is fuelling the growth of global portable oxygen concentrators
market. Asia-Pacific has been identified as emerging market and Latin America specially
Brazil and Mexico is expected to show robust growth for global portable oxygen
concentrators market with the increase in healthcare expenditure.
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Global Portable Oxygen Concentrators Market: Key Players
Some of the major players for global portable oxygen concentrators market are: Inogen,
Chart Industries, Inc., Koninklijke Philips N.V., Invacare Corporation, Tejin Pharma Ltd.,
Medical Depot, Inc., O2 Concepts, Oxygen to Go, Longfian Scitech Co., Ltd, Nidek
medical, etc.
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