Medical oxygen concentrators market share by applications and regions for 2020- 2026

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Medical Oxygen Concentrators Market Trends
Research And Projections For 2020- 2026

• A research study conducted by Global Market
  Insights, Inc., suggests that Medical Oxygen
  Concentrators market is likely to exceed the 5
  billion mark by 2026, in terms of revenue.
• Unavailability or dearth of oxygen beds for
  COVID-19 positive people has stimulated the
  demand for oxygen concentrators. With several
  individuals opting for hospitalization, medical
  equipment suppliers are witnessing a spike in the
  demand for oxygen concentrators.
• Amid the COVID-19 fallout and rampant chronic
  obstructive pulmonary disorder (COPD), medical
  oxygen concentrators market share is geared to
  witness a notable spike. Oxygen concentrators
  tend to selectively remove nitrogen to innately
  supply an oxygen-enriched product gas stream

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• End-markets are vying to bear fruit from oxygen
  concentrators for they are cost-effective,
  helpful in emergency, easy to operate and useful
  for home and hospitals

• Oxygen concentrators have become an ideal and
  favorable option for administering point-of-care
  oxygen in developing country settings. It is
  worth noting that oxygen concentrators provide a
  cost-effective and sustainable source of medical
  oxygen to health facilities with reliable power.

• With mobility, individuals have been warranting
  POC that is one-size-fits all device and can
  provide both continuous and pulse-flow delivery.
  Portable oxygen concentrators segment will
  witness a substantial uptick in the next five
  years.

• Of late, traction for pulse flow technology has
  surged, mainly credited to its sheer ability to
  automatically boost or reduce the oxygen supply
  in line with patients breathing rate. Notably,
  pulse flow technology equipped oxygen
  concentrators are believed to be ideal for
  patients with sedentary- and busy lifestyle and
  involves frequent outing

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• Regional Analysis

• When it comes to geographical expansion,
  stakeholders are likely to up their investments
  in North America as the U.S. combat COVID-19
  pandemic and rampant COPD disease. Inclination
  for portable oxygen concentrators will be more
  pronounced in the region. North America medical
  oxygen concentrators market share was pegged at
  over 39.5 in 2019, similar growth trajectory is
  expected through 2026.

• Competitive Analysis

• Some of the notable Medical Oxygen Concentrators
  industry players include DeVilbiss Healthcare
  GmbH (Drive DeVilbiss International), Inogen
  Inc., Invacare Corporation, NGK Spark Plug Co.
  Ltd., NIDEK Medical Products Inc., O2 Concepts,
  Koninklijke Phillips N.V., ResMed (Inova Labs),
  Teijin Limited, Yuwell (Jiangsu, Yuyue Medical,
  Equipment Supply Co., Ltd.)

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Concentrators Market _at_ https//www.gminsights.com/
industry-analysis/medical-oxygen-concentrators-mar
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