Fior Markets have recently added a new research review in its database titled, Global Portable Oxygen Concentrators Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 which offers an acknowledged and extensive analysis of the immediate state of the market. The report analyzes, tracks, and presents the worldwide market size of the leading players in each region around the world. It offers an acknowledged and extensive analysis of the immediate state of Portable Oxygen Concentrators market. The research report comprises an exhaustive and specialized study of the present industry state offering insights into market dynamics and key players. In addition to the historical condition of the market, this report also provides profitable market strategies to exploit the development of the market in the forecast period.
An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. Portable oxygen concentrators are small, lightweight and more convenient for the patients.
In fact, oxygen concentrators are rather simple devices. They operate on the principle of ‘rapid pressure swing adsorption’ of atmospheric nitrogen onto specific minerals and then venting the nitrogen. The filtered gas mixture is mainly oxygen and little other gasses like argon and CO2.
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Scope of the Report:
The global average price of Portable Oxygen Concentrator is in the decreasing trend, from 1958 USD/Unit in 2013 to 1834 USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
USA is the largest consumption place, with a consumption market share nearly 43.25% in 2017. Following USA, Europe is the second largest consumption place with the consumption market share of 26.67%.
Market competition is not intense. Inogen, Invacare, Philips Respironics, Chart (Airsep), Inova Labs, Teijin, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The worldwide market for Portable Oxygen Concentrators is expected to grow at a CAGR of roughly 12.4% over the next five years, will reach 1180 million US$ in 2024, from 590 million US$ in 2019.
This report focuses on the Portable Oxygen Concentrators in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
An exhaustive study of market competition by vital manufacturers in the industry: Inogen, Invacare, Philips Respironics, Chart (Airsep), Inova Labs, Teijin, GCE Group, Drive Medical, Precision Medical, AVIC Jianghang, Foshan Kaiya, Beijing North Star,
Further, the business overview, recent developments, key strategies, and revenue share of key market players in the market along with company profiles, product specification, manufacturing process, and product cost structure are covered. The report also goes in details about the business gains, consumption ratio and contact details of the major players. It gives an extensive calculation of the market including industry chain structure, opportunities, market drivers, industry news analysis, future roadmap, and industry policy analysis.
The production process is analyzed with respect to various aspects like manufacturing plant distribution, capacity, commercial production, R&D status, raw material source, and technology source. A vast selection of secondary sources, databases, and directories are employed for the completion of the research report. Primary sources comprise suppliers, business specialists from leading industries, service suppliers, distributors, and other organizations.
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