Oxygen Cylinders and Concentrators Market to see growth of 9.8% from 2017 to 2024

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Oxygen Cylinders and Concentrators Market to hit
4.5 bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Oxygen Cylinders and
Concentrators Market

• Global Market Insights, Inc. says, Oxygen
  Cylinders and Concentrators Market size is set to
  exceed USD 4.5 billion by 2024.
• Powered by a rather humongous application
  spectrum in the healthcare fraternity, oxygen
  cylinders and concentrators industry has
  witnessed a dramatic proceed over the recent
  years.
• Estimates suggest the global oxygen cylinders and
  concentrators market to have crossed a revenue of
  USD 2 billion in the yesteryear.
• A large credit of this growth goes to the
  healthcare and medical sector, which indeed is
  regarded as one of the major application segments
  of this business space.
• Another vital trend that is fueling the growth of
  oxygen cylinders and concentrators industry is
  the increasing life expectancy of the elderly
  population.
• Reportedly, the geriatric population then will
  represent 24 of the overall regional population.
  This surge will overtly leave a perpetual impact
  on oxygen cylinders and concentrators industry,
  as the elderly population is more prone to
  respiratory disorders such as COPD and Asthma.

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Continued...

• Speaking along similar lines, these trends also
  portray the United States as one of the profound
  growth avenues of oxygen cylinders and
  concentrators market. In fact, as per the
  estimates, in the year 2016, U.S. procured 85 of
  the regional industry share, backed by the huge
  patient pool suffering from respiratory ailments.
• Elaborating further about the geographical trends
  with regards to oxygen cylinders and
  concentrators market, Asia Pacific will also
  emerge as one of the prominent growth grounds in
  the ensuing years.
• Some of the renowned names contending a strong
  portfolio in oxygen cylinders and concentrators
  market include Chart Industries, Invacare,
  Inogen, Catalina Cylinders, Philips, HERSILL, Air
  Liquide, and Cramer Decker Industries.
• Moreover, the increasing population suffering
  from respiratory disorders further validates that
  the oxygen cylinders and concentrators market
  demand will continue to witness commendable
  gains, in turn establishing a phenomenal
  profitability landscape

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U.S. Oxygen Cylinders and Concentrators Market
size, By Product, 2013-2024 (USD Million)

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Table of Content
Chapter 1. Methodology 1.1. Methodology 1.1.1.
Initial data exploration 1.1.2. Statistical
model and forecast 1.1.3. Industry insights and
validation 1.1.4. Market definition and
forecast parameters 1.2. Data sources 1.2.1.
Primary 1.2.2. Secondary Chapter 2. Executive
Summary 2.1. Oxygen cylinders and concentrators
industry 3600 synopsis, 2013 - 2024 (USD
Million) 2.1.1. Business trends 2.1.2.
Product trends 2.1.3. Application
trends 2.1.4. Regional trends
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Table of Content
Chapter 3. Oxygen Cylinders and Concentrators
Industry Insights 3.1. Industry
segmentation 3.2. Industry landscape, 2013 -
2024 (USD Million) 3.3. Industry
ecosystem 3.3.1. Vendor matrix 3.4. Industry
impact forces 3.4.1. Growth drivers 3.4.1.1.
Increasing elderly population at risk 3.4.1.2.
Increasing occurrence of COPD and other
respiratory disorders 3.4.1.3. Growing demand
for adventure sports 3.4.1.4. Exposure to dust
particles and increased number of cigarette
smokers 3.4.1.5. Increased demand during
hypoxaemia
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Table of Content
3.4.2. Industry pitfalls challenges 3.4.2.1
. Operational hazards 3.4.2.2. Lack of
availability in developing regions 3.5.
Regulatory landscape 3.5.1. U.S. 3.5.2.
Europe 3.5.3. China 3.6. Growth potential
analysis 3.6.1. By product 3.6.2. By
application 3.7. Porter's analysis 3.8. Company
market share analysis, 2016 3.8.1. Strategy
Dashboard 3.9. PESTEL analysis
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