Medical Oxygen Concentrators Market: Top Players – Chart Industries (AirSep), Inogen, Invacare, Philips Respironics and NIDEK Medical Products
Surging number of cigarette smokers coupled with increasing elderly population base prone to chronic obstructive pulmonary disease (COPD) will be the major factors driving medical oxygen concentrators market growth. Smoking and tobacco consumption significantly increases risk of acquiring COPD and escalates the probability by 50%. WHO estimates that there will be about a billion fatalities due to COPD in the coming years. Thus, rising incidence of COPD coupled with growing risk factors will surge the demand for medical oxygen concentrators...
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