Oxygen Cylinders, Concentrators Market: size is projected to reach US$ 6.77 Bn at the end of the forecast period at a CAGR of 5.15%.
Oxygen Cylinders, Concentrators Market Overview:
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. The elderly population is at a greater risk of acquiring respiratory disorders such as COPD.
The purpose of this report is to provide a thorough examination of the Oxygen Cylinders, Concentrators market by segments and geographics. The study goes into great detail on the primary factors influencing the Oxygen Cylinders, Concentrators market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
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Market Scope:
The “Global Oxygen Cylinders, Concentrators Market Analysis” is a detailed investigation of the Oxygen Cylinders, Concentrators market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Oxygen Cylinders, Concentrators market as well as detailed market segmentation by application, end-use, and geography. The Oxygen Cylinders, Concentrators market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Oxygen Cylinders, Concentrators players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Oxygen Cylinders, Concentrators market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Oxygen Cylinders, Concentrators market was calculated using the revenue of significant enterprises.
Segmentation:
Due to the huge number of patients who depend on oxygen, the healthcare segment of the Oxygen Cylinders, Concentrators Market accounted for the greatest revenue share in 2017. Over the coming years, rising rates of respiratory diseases including COPD and asthma will drive market expansion. In order to provide additional oxygen to those with COPD, chronic hypoxemia, and pulmonary edoema, oxygen concentrators are employed. They are additionally employed in the treatment of severe sleep apnea. Additionally, oxygen is necessary for both surgery and intensive care procedures. Demand should be further fueled by an increase in accidents and fatalities that necessitate prompt hospitalisation and surgery as well as an increase in procedures.
The market for oxygen cylinders and concentrators in North America generated the most revenue in 2017 and is anticipated to continue growing at a.
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Key Players:
The major players covered in the Oxygen Cylinders, Concentrators market report are
• Chart Industries
• Inogen, Invacare
• Koninklijke Philips N.V.
• Catalina Cylinders
• Air Liquide
• MeBer
• HERSILL
• Tecno Gaz
• Cramer Decker
• Cramer Decker
• Invacare
• DeVilbiss Healthcare LLC
• Nidek Medical Products, Inc.
• O2 Concepts
• Teijin Limited
• Royax
• Jiuxin Medical Technology Co., Ltd.
• Vygon
• OSI Systems
• Smith’s Medical
• Becton, Dickinson and Company
• Drägerwerk AG & Co. KGaA
• Teleflex Incorporated
• Fisher & Paykel Healthcare Corporation Limited
• Taiyo Nippon Sanso Corporation
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Oxygen Cylinders, Concentrators Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Oxygen Cylinders, Concentrators market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Oxygen Cylinders, Concentrators industry,
Key Questions Answered in the Oxygen Cylinders, Concentrators Market Report are:
- Which segment grabbed the largest share in the Oxygen Cylinders, Concentrators market?
- What was the competitive scenario of the Oxygen Cylinders, Concentrators market in 2021?
- Which are the key factors responsible for the Oxygen Cylinders, Concentrators market growth?
- Which region held the maximum share in the Oxygen Cylinders, Concentrators market in 2021?
