Portable Oxygen Concentrator Market Is Expected To Reach Around USD 1,051 Million By 2026
Oxygen therapy was the cornerstone of COVID-19 disease management. It can also keep patients alive for days to weeks, making it a popular choice for treating infectious disorders. Furthermore, to fulfil patient demand, a number of significant industrial firms and government agencies around the world have increased their oxygen concentrator production.
The need for advanced medical oxygen concentrators will be boosted by government procurement programmes.
Government measures to regulate and manage respiratory illnesses are on the rise, which will help the industry grow. In addition, favourable reimbursement scenarios for medical oxygen concentrators in a number of developing countries will boost market value. Due to a number of driving factors, the global Portable Oxygen Concentrator market is predicted to rise at a significant rate. The Portable Oxygen Concentrator Market is growing as people become more aware of new treatment options.
The Portable Oxygen Concentrator Market was valued at USD 184.5 million in 2017 and is predicted to reach USD 528.5 million by 2027, with a CAGR of 11.1 percent over the forecast period, according to the study.
The Report’s Scope
The global portable oxygen concentrator market is segmented by product, application type, end user, and geography in this study.
Market for Portable Oxygen Concentrators by Delivery System
Flow That Never Stops
Flow of Pulses
Market for Portable Oxygen Concentrators by Application
Asthma
Syndrome of Respiratory Distress
Others
End-User Market for Portable Oxygen Concentrators
Hospitals
Arrangements for Homecare
Objective of the Study:
• To analyze the historical growth in the market size of global oxygen concentrators market from 2016 to 2020.
• To estimate and forecast the market size of global oxygen concentrators market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast global oxygen concentrators market based on type, technology, flow-rate, application, end user, region and company.
• To identify dominant region or segment in the global oxygen concentrators market.
• To identify drivers and challenges for global oxygen concentrators market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global oxygen concentrators market.
• To identify and analyze the profile of leading players operating in global oxygen concentrators market.
• To identify key sustainable strategies adopted by market players in global oxygen concentrators market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers, suppliers, and service providers across the country.
Read also more:https://www.atoallinks.com/2022/long-term-care-insurance-market-analysis-size-share-growth-trends/
