Latest published report on the Portable Oxygen Concentrators market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027.
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Portable oxygen concentrator is the type of medical device which is used to deliver oxygen therapy to patients at substantially high concentration compared to ambient air and keep maintain oxygen level in blood. These concentrators are divided into two delivery systems such as Pulse Flow, and Continuous Flow.
Market Drivers
Increase in prevalence of Chronic Obstructive Pulmonary Diseases as well as continuous technological advancements for miniaturization of the oxygen concentrators are key driving factors expected to boost the global portable oxygen concentrators market growth over the forecast period. Also, nowadays key manufacturers are focusing on development of new technologies in concentrators which aim to improve the quality of care. It is expected to positively influence the market growth. For instance, in 2018, GCE healthcare had introduced a remote monitoring platform known as clarity for oxygen concentrators. It is used to monitor the patients and regularly send data related to battery life, oxygen purity, and device location. Moreover, rise in geriatric population is another driving factor which is expected to propel the global portable oxygen concentrators market growth.
Market Restraints
However, high cost of device is the major challenging factor which is expected to hinder the global portable oxygen concentrators market growth. Also, stringent rules and regulations will affect the market growth during this analysis period.
Market Key Players
Various key players are discussed in this report such as Koninklijke Philips N.V., Chart Industries, Inc., Invacare Corporation, Inogen, Inc., Drive Devilbiss Healthcare, O2 Concepts LLC, Nidek Medical, GCE Group, and Caire Inc.
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Market Taxonomy
By Delivery System
By Application
By End User
By Region
Global Portable Oxygen Concentrators Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Portable Oxygen Concentrators Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Portable Oxygen Concentrators Market, By Delivery System
5.1 Y-o-Y Growth Comparison, By Delivery System
5.2 Global Portable Oxygen Concentrators Market Share Analysis, By Delivery System
5.3 Global Portable Oxygen Concentrators Market Size and Forecast, By Delivery System
5.3.1 Pulse Flow
5.3.2 Continuous Flow
6 Global Portable Oxygen Concentrators Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Portable Oxygen Concentrators Market Share Analysis, By Application
6.3 Global Portable Oxygen Concentrators Market Size and Forecast, By Application
6.3.1COPD
6.3.2 Asthma
6.3.3 Respiratory Distress Syndrome
6.3.4 Others
7 Global Portable Oxygen Concentrators Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Portable Oxygen Concentrators Market Share Analysis, By End User
7.3 Global Portable Oxygen Concentrators Market Size and Forecast, By End User
7.3. 1 Hospital
7.3.2. Home Care Settings
7.3.3 Others
8 Global Portable Oxygen Concentrators Market, By Region
Continue…
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