Lewes, DE -- (SBWire) -- 09/17/2018 --Medical Oxygen Concentrator Market will register a 10.1% CAGR in terms of revenue, reach US$ 2450 million by 2023, from US$ 1380 million in 2017.
A medical oxygen concentrator (also sometimes called "medical oxygen generator") is a medical device used to deliver a concentrated flow of oxygen to a patient. An oxygen concentrator takes in air and purifies it for use by people requiring medical oxygen due to low oxygen levels in their blood.
The technical barriers of medical oxygen concentrator are not high, resulting in numerous manufacturing enterprises. In the market, larger players are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, and others. The plants of them are concentrated in USA and China, accounting for 64% production share of total output in 2015. China is a large producer and consumer in the market, but due to low quality and technology, the price of China products is lower, and China import high-end products and export low-end products.
Oxygen concentrators provide a sustainable and cost-effective source of medical oxygen to health facilities with reliable power. An oxygen concentrator is a medical device that draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Medical oxygen concentrators are used by individuals with medical conditions who require a higher percentage oxygen concentration level than is typically present in ambient room air. Nowadays, with the increasing of home care services and nonhomecare services, demand for medical oxygen concentrator is expected to continue increasing during the remaining years of the forecast period of 2017-2022. Medical oxygen concentrator industry will usher in a stable growth space.
In the past few years, the price of medical oxygen concentrator has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of medical oxygen concentrator.
Over the next five years, Study projects that Medical Oxygen Concentrator will register a 10.1% CAGR in terms of revenue, reach US$ 2450 million by 2023, from US$ 1380 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Invacare
Teijin Pharma
Chart Industries
Inogen
Yuyue Medical
Philips
DeVilbiss Healthcare
AVIC Jianghang
GF Health Products
Linde
Nidek Medical
Air Water Group
Precision Medical
Haiyang Zhijia
Shenyang Canta
O2 Concepts
Inova Labs
Foshan Kaiya
Longfei Group
Beijing North Star
SysMed
Beijing Shenlu
Gaoxin Huakang
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Portable Medical Oxygen Concentrator
Stationary Medical Oxygen Concentrator
Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Home
Hospital
Traveling
Others
Spanning over 163 pages "Forecast of Global Medical Oxygen Concentrator Players Market 2023" report covers Medical Oxygen Concentrator Market Overview, Global Medical Oxygen Concentrator Sales, Revenue (Value) and Market Share by Players, Global Medical Oxygen Concentrator Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Medical Oxygen Concentrator Sales, Revenue and Price, Europe Top 5 Players Medical Oxygen Concentrator Sales, Revenue and Price, Asia-Pacific Top 5 Players Medical Oxygen Concentrator Sales, Revenue and Price, South America Top 5 Players Medical Oxygen Concentrator Sales, Revenue and Price, Middle East & Africa Top 5 Players Medical Oxygen Concentrator Sales, Revenue and Price, Global Medical Oxygen Concentrator Players Profiles/Analysis, Global Medical Oxygen Concentrator Market Forecast (2018-2023), Medical Oxygen Concentrator Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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