888-776-0942 from 8 AM - 10 PM ET
The "Portable Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide 2017 - 2023" report from Wintergreen Research, Inc has been added to Research and Markets' offering.
Portable oxygen concentrator markets at $948.5 million market in 2016 are set to become a $2.9 billion market in 2023
Market growth is a result of the aging of the population and the increased need for oxygen.
Worldwide markets are poised to achieve continuing growth. Portable oxygen concentrators support lifestyle for medical oxygen users. Portable oxygen concentrators are approved by the FAA for use on airlines. People on oxygen wish to continue usual activities. Distributors are concentrated on determining which portable oxygen concentrator allows the freedom to continue a meaningful lifestyle. There are two types of oxygen delivery systems providing supplemental oxygen therapy; continuous flow (Respironics SimplyGo, SeQual Eclipes,) and pulse dose (Inogen One G3, AirSep Freestyle, Invacare XPO2). A pulse dose system is the most commonly used portable oxygen concentrator. Because of its light weight and long battery life, some lasting up to 8 hours on a single battery charge, the units are preferred by patients. Some oxygen users require continuous flow oxygen due to their diagnosis or illness progress. Continuous flow is required by any oxygen user who is titrating oxygen into their CPAP or BiPAP therapy. Major factors driving the market for portable oxygen concentrators include device ability to provide oxygen under all circumstances. The worldwide aging population benefits from supplemental medical oxygen. An increase in the number of people with COPD and other respiratory diseases are a direct market driver. Advantages of portable oxygen concentrator devices are that they weigh less, are easy to use. They are affordable. A few companies dominate the portable oxygen concentrator market sector. Inogen has taken over the market leadership position with improved technology and innovative marketing. Invacare had carefully nurtured its distribution network and continues to do so, but the markets are changing with deliveries from dealers a problem in the industry and for reimbursement, giving Inogen market advantage.
1. Portable Oxygen Concentrator Market Description and Market Dynamics
2 Portable Oxygen Concentrator Market Shares and Forecasts
3. Portable Oxygen Concentrator Product Description
5. Portable Oxygen Equipment Company Description
For more information about this report visit https://www.researchandmarkets.com/research/v3jbdb/portable_oxygen
Research and Markets Laura Wood , Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET