Medical Oxygen Concentrators Market to grow at a CAGR of 10% from 2016 to 2023

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Medical Oxygen Concentrators Market share to
reach 2.3bn by 2023 Global Market Insights Inc.
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Key Insights from Medical Oxygen Concentrators
Market

• Medical Oxygen Concentrators Market outlook is
  positively influenced by advancements in
  healthcare system along with a strong desire to
  maintain good health.
• The medical expenditure is observing a
  significant upsurge, one of the several reasons
  being the elderly population suffering from acute
  respiratory disorders.
• The increasing geriatric population base is
  estimated to be a prime factor driving the
  medical oxygen concentrators industry trends over
  the coming years.
• As per Global Market Insights, Inc., Medical
  oxygen concentrators market size is expected to
  hit USD 2.3 billion by 2023. Moreover, favorable
  medical insurance as well as reimbursement
  policies are expected to offer lucrative avenues
  for the global industry landscape.
• High popularity of lightweight and user friendly
  concentrators is expected to enhance portable
  medical oxygen concentrators market value over
  the coming six years.

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Continued...

• Fixed medical oxygen concentrators industry,
  which made significant contributions towards the
  overall revenue in 2015, is expected to witness a
  noticeable growth over the next few years, driven
  by the rapid increase in the aging population
  susceptible to respiratory disorders.
• Medical oxygen concentrators find wide
  applications in home care and non- home care
  sectors.
• High demand for medical oxygen concentrations in
  non-home care sector due to rising elderly
  population base susceptible to the occurrence of
  chronic ailments such as asthma, respiratory
  ailments, lung disorders, and COPD is expected to
  push the industry revenue.
• APAC medical oxygen concentrators industry will
  also observe significant growth over the coming
  years, owing to the high living standards,
  rapidly increasing older population base, and
  better healthcare facilities.
• Key industry participants include Advanced
  Technocracy Incorporation, Teijen, O2 Concepts,
  Philips Respironics, AirSep, Goodhealth
  Incorporation, DeVilbiss Healthcare, and Covidien
  Limited.

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U.S. Medical Oxygen Concentrators Market Size, by
Product, 2012 - 2023 (USD Mn)

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Table of Content
Chapter 1 Methodology and Scope 1.1. Research
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.2. Data Sources Chapter 2
Executive Summary 2.1. Medical oxygen
concentrators industry 3600 synopsis, 2012 -
2023 2.1.1. Business trends 2.1.2.
Application trends 2.1.3. Regional trends
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Table of Content
Chapter 3 Medical Oxygen Concentrators Industry
Insights 3.1. Industry segmentation 3.2.
Industry size and forecast, 2012 - 2023 3.3.
Industry impact forces 3.3.1. Growth
drivers 3.3.1.1. Government initiatives 3.3.
1.2. Increasing elderly population base prone to
COPD 3.3.1.3. Increased spending on
healthcare 3.3.1.4. Growing COPD
prevalence 3.3.1.5. Exposure to dust particles
and increasing number of cigarette
smokers 3.3.2. Industry pitfalls
challenges 3.3.2.1. Stringent regulatory
landscape
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Table of Content
3.4. Growth potential analysis 3.5. Technology
landscape 3.6. Regulatory landscape 3.6.1
U.S. 3.6.2 Europe 3.6.3 China 3.7. Porters
analysis 3.8. PESTEL analysis 3.9. Competitive
landscape, 2015
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