Oxygen Cylinders, Concentrators Market is poised to witness robust growth over the forecast period. Increasing geriatric population base will serve as a high impact rendering factor.
In the evolving landscape of healthcare, the Oxygen Cylinders and Concentrators Market is gearing up for substantial growth, with a projected market size of US$ 6.77 billion and a commendable CAGR of 5.15%. Dive into our comprehensive analysis to uncover the driving forces, regional dynamics, and future opportunities in this vital industry.
The Impact of COVID-19:
The global pandemic has cast a unique shadow on the market, affecting leaders, followers, and disruptors differently based on regional variations in lockdown measures. Our detailed report explores the short-term and long-term repercussions, aiding decision-makers in crafting strategic plans adaptable to specific regions and segments.
A Breath of Fresh Growth:
The Oxygen Cylinders and Concentrators Market are on the brink of robust expansion, propelled by factors such as the increasing geriatric population, which is more susceptible to respiratory disorders like COPD. Lifestyle choices, including smoking and exposure to dust particles, are contributing to a surge in respiratory issues, further fuelling market growth.
The Symphony of Market Dynamics: Brewing Growth and Challenges
The healthcare segment takes center stage, securing the largest revenue share due to a substantial number of patients reliant on oxygen. Rising cases of respiratory disorders, accidents, and surgeries are driving the demand for oxygen concentrators. Explore how these devices are becoming integral in treating conditions like COPD, chronic hypoxemia, and even severe sleep apnea.
North America Leading the Charge:
In 2017, North America held the highest revenue share, with the U.S. oxygen cylinders and concentrators market claiming over 85% of the regional pie. Factors such as the prevalence of respiratory diseases, early diagnosis, developed healthcare infrastructure, and increasing per capita income are contributing to the region's dominance. Uncover the nuances that make North America a key player in the market's growth.
Oxygen Cylinders, Concentrators Market Segment Analysis:
Healthcare segment of Oxygen Cylinders, Concentrators Market accounted for the largest revenue share in 2017 owing to the substantial number of patients’ dependent on oxygen. Increasing incidence of respiratory disorders such as COPD, asthma will fuel industry growth over the forecast years. Oxygen concentrators are used to deliver supplementary oxygen to individuals suffering from COPD, chronic hypoxemia, and pulmonary enema.
They are also used in adjunct treatment for severe sleep apnoea. Moreover, oxygen is also required during surgery and intensive care treatment. The increasing number of accidents and fatalities requiring immediate hospitalization and operation along with the rising number of surgeries should further propel demand.
- • Healthcare
• Pharmaceutical &
• Aerospace &
Who are Oxygen Cylinders, Concentrators Market Key Players?
- • Chart Industries
• Inogen, Invacare
• Koninklijke Philips N.V.
• Catalina Cylinders
• Air Liquide
• Tecno Gaz
• Cramer Decker
• Cramer Decker
• DeVilbiss Healthcare LLC
• Nidek Medical Products, Inc.
• O2 Concepts
• Teijin Limited
• Jiuxin Medical Technology Co., Ltd.
• OSI Systems
• Smith’s Medical
• Becton, Dickinson and Company
• Drägerwerk AG & Co. KGaA
• Teleflex Incorporated
• Fisher & Paykel Healthcare Corporation Limited
• Taiyo Nippon Sanso Corporation
Table of content for the Oxygen Cylinders, Concentrators Market includes:
Part 01: Executive SummaryPart 02: Scope of the Oxygen Cylinders, Concentrators Market ReportPart 03: Oxygen Cylinders, Concentrators Market LandscapePart 04: Oxygen Cylinders, Concentrators Market SizingPart 05: Oxygen Cylinders, Concentrators Market Segmentation by TypePart 06: Five Forces AnalysisPart 07: Customer LandscapePart 08: Geographic LandscapePart 09: Decision FrameworkPart 10: Drivers and ChallengesPart 11: Market TrendsPart 12: Vendor LandscapePart 13: Vendor Analysis
Navigating Regional Dynamics:
Understand the Oxygen Cylinders and Concentrators Market in North America and Asia Pacific by analyzing market segments. Our report provides a clear representation of competitive analysis, guiding investors through factors like type, price, financial position, product portfolio, growth strategies, and regional presence.
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