Homecare Oxygen Concentrators Market Size Latest Research On Industry Growth, Trends, Top Players, & Key Regions By 2027
Homecare Oxygen
Concentrators Market is valued at USD 0.85 billion in 2017 and expected to
reach USD 1.91 billion by 2027 | CAGR of 8.40%
"Rising prevalence
of pulmonary hypertension, COPD, fibrosis, chronic respiratory and pulmonary
disorders, will drive homecare oxygen concentrators market over forecast
period.
The Homecare Oxygen
Concentrators Market is valued at USD 0.85 billion in 2017 and expected to
reach USD 1.91 billion by 2027 with a CAGR of 8.4% over the forecast period
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Homecare Oxygen
Concentrators Companies:
Some major key players
for Global homecare oxygen concentrators market are Inogen, Invacare, Philips
Respironics, Chart (Airsep), Inova Labs, Teijin, GCE Group, Drive Medical,
Precision Medical, AVIC Jianghang,Foshan Kaiya, Beijing North Starand others.
The homecare oxygen
concentrator is a device with the intention to concentrates the oxygen a s of a
gas supply and air surrounding to large prediction in particular evacuating
nitrogen to provide the oxygen-enhanced item gas stream. The homecare oxygen
concentrator take in air as well as expel nitrogen oxygen enhanced gas for use
by those requiring healing oxygen because of low oxygen levels in their blood.
the oxygen concentrators are utilized by patients requiring supplemental oxygen
for aspiratory issue. For example, bronchitis, emphysema, lung malignancy, and
intense pneumonia. The oxygen concentrator works by drawing in the air.
Therefore, it separates the oxygen from the other gases using a filter system
that allows only the oxygen to pass through the patient. Additionally, the
people in the room will still be breathing normal amounts of oxygen. The
homecare oxygen concentrator the high prevalence of asthma and several &
respiratory disorders the growing concentration of carbon dioxide, pollution,
and harmful gases in the result from the atmospheres. Hence, the chronic
obstructive pulmonary disease (COPD) is generally diagnosed in middle-aged and
older people. In severe cases, doctors recommend oxygen therapies with home
oxygen concentrators that help with shortness of breath. The home care medical
oxygen concentrators include portable and stationary oxygen concentrators,
mostly used in home oxygen therapies. The facilitate preserve patients' quality
of life and reduce healthcare costs related to this chronic disease, clinicians
need to accurately diagnose the condition and appropriately manage patients
through the long course of their illness. Examples of these devices are
AirSep’s lifestyle Portable oxygen concentrator, inogen one G3, VBOX Trooper,
EverGo, Invacare XPO2 and iGo.
Global Homecare Oxygen Concentrators Market Segmentation –
By Product Type: Portable oxygen concentrators, Stationary oxygen
concentrators
By Application: Direct Marketing, Distribution Marketing, Rental
Marketing
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany,
Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America,
Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of
Middle East and Africa
Global Homecare Oxygen Concentrators Market Drug
Market Regional Analysis –
North America is
dominating the homecare oxygen concentrators market due to the highest market
share in terms of profits in overall market of homecare oxygen concentrators
market across the globe. Increasing spending of people, various government
initiatives to spread awareness about disease and increasing geriatric
population will stimulate industry growth. According to the World Health
Organization (WHO) to U.S. in 2017, the Behavioral Risk Factor Surveillance
System survey found that approximately 22.5 million 9.1% of adults residing in
the United States and 7.9 percent of children from about 16.3 million adults
(6.6 percent) reported being diagnosed with COPD. About 33.2 million adults
reported being diagnosed with chronic lung disease. In addition to this rise in
population, the prevalence of chronic lung disease associated with them is
responsible for the growth of Homecare Oxygen Concentrators market. The Asia
Pacific is expected to witness the fastest growth in this market owing to the
expanding pervasiveness of COPDs and other respiratory diseases. Moreover,
expanding medicinal services use, mindfulness with respect to the mechanical
headways utilized in determination, and interest for versatile concentrators
are projected to drive the market growth.
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