Thursday, 2 May 2019

Stationary Oxygen Concentrators Market to Witness Rapid Growth during 2017-2023

Researchmoz added Most up-to-date research on "Stationary Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023" to its huge collection of research reports.

The Stationary Oxygen Concentrators market report [6 Year Forecast 2017-2023] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Stationary Oxygen Concentrators market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall Stationary Oxygen Concentrators industry size by analyzing qualitative insights and historical data.

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Global Stationary Oxygen Concentrators Market: Snapshot

The global markets are in a position to achieve persistent growth of the number of elderly population across the world is one the rise and require homecare oxygen treatment. Elderly people have a tendency to develop COPD and other respiratory disorders and when oxygen is supplied, it is able to enhance their quality of life with a great effect. Stationary oxygen devices administer continuous flow to serve patients who require oxygen. This ability of the devices to administer regular flow rates day and night are expected to drive the sales of stationary oxygen devices in the coming years. Some other factors that are also responsible for driving the market growth are portability of these devices, lighter in weight, quieter than earlier versions, and are usually affordable though there are reimbursements available.

The growth of the global stationary oxygen concentrators market is expected to show a steady growth over the given forecast period. Additionally, intense market competition and demand for lighter and smaller technology by patients are expected to fuel market growth.

Worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment. Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner. Stationary oxygen devices provide continuous flow, often at 5LPM liters per minute to serve patients that need to be on oxygen. The need for these continuous flow rates night and day continue to drive sales of stationary oxygen concentrator units.

Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.

Major factors driving the market for stationary oxygen concentrators include its ability to provide oxygen under all circumstances.

Stationary oxygen concentrator markets at $725.5 million market in 2016 are set to become a $1.2 billion market in 2023. Steady growth is anticipated because the portable units will still need a stationary unit to deliver continuous flow for sleeping Stationary market will be in existence throughout the forecast period. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for stationary devices at home even as portable devices provide greater mobility support for older people.

Companies Profiled

Philips Respironics
Chart / Caire / SeQual

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Market Participants

American Lung Association
Chart Industries
Chart Caire / AirSep / Sequal
Drive Medical / DeVilbiss Healthcare
Foshan Keyhub Electronic Industries Co., Ltd.
Gardner Denver / Thomas Compressors
Inova Labs
Jiuxin Medical
Leistung Engineering
Longfian Scitech
Nidek Medical
Precision Medical
O2 Concepts
Philips Healthcare/ Respir
Market Participants

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