The global demand for Homecare Oxygen Concentrators Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Homecare oxygen concentrator is a device that supplements oxygen to maintain aerobic metabolism during patient transport. It receives air, purifies it, and then distributes the newly formed air. Before it goes into the concentrator, the air is made up of 80 % nitrogen and 20 % oxygen. These are small, compact, quiet and lightweight, provides the utmost compliance and high performance. One can buy homecare oxygen concentrator if prescribed by a doctor. The doctor gives guidelines about how to use it safely at home.
The growing ageing population and growing burden chronic disease will possibily elevate the demand for a homecare oxygen concentrator. It has been forecasted that, by 2020, chronic diseases will account for almost two-quarters of all cases worldwide, with the majority of prevalence in developing countries. High-cost hospitalizations among elderly patients with chronic disease play a major role in fuelling growth. Homecare oxygen concentrators have become more popular and widely used than old-fashioned oxygen tanks. They offer numerous advantages for those patients needing oxygen therapy. They are much less dangerous than traditional oxygen cylinders, which can, if ruptured or leaking, cause combustion of a fire. The other main benefit is the ease and increased ability to be mobile with oxygen. Homecare portable oxygen concentrators provide the homecare service also can be taken anywhere the user goes, even on airplanes.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of homecare oxygen concentrators.
The entire homecare oxygen concentrators market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Portable Oxygen Concentrators
- Stationary Oxygen Concentrators
- Direct Marketing
- Distribution Marketing
- Rental Marketing
This section covers regional segmentation which accentuates on current and future demand for homecare oxygen concentrators market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Homecare Oxygen Concentrators Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the homecare oxygen concentrators market include Inogen, Invacare, Philips Respironics, Chart (Airsep), Inova Labs. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.