The rising geriatric population along with the rising rate of pulmonary diseases across the globe is projected to drive the growth of the UAE oxygen concentrators market during the forecast period.
According to TechSci report on, “UAE Oxygen Concentrators Market- By Region, Competition Forecast & Opportunities, 2027”, the UAE oxygen concentrators market may flourish with an impressive CAGR during the forecast period of 2023-2027, due to the proliferating numbers of several pulmonary diseases such as asthma, lung cancer, bronchitis, COPD, etc. in the nation. Additionally, the rising carbon emissions, degrading air quality, and bad lifestyle choices such as high alcohol consumption and smoking are also contributing to the increasing incidences of respiratory diseases. Therefore, the demand for oxygen concentrators across the globe is augmenting. Furthermore, the growing preference for home-based oxygen concentrators is providing lucrative growth opportunities to the market players. Home-based devices and therapeutics reduce hospital visits and the associated costs and provide speedy recovery at home only. Apart from this, the improved affordability of oxygen concentrators, several subsidies and financial incentives provided by the UAE government, and the increasing investments in improving the healthcare sector in the nation is providing a positive outlook to the market. For instance, UAE has stated its vision 2021 and health, under which it sims to reduce the prevalence of smoking and strengthen the healthcare sector to deal with epidemics and lifestyle diseases such as respiratory problems, cardiovascular disorders, obesity, etc. this will help UAE in becoming the best countries in terms of quality healthcare. All these abovementioned factors are expected to propel the UAE market for oxygen concentrators in the coming years.
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The UAE oxygen concentrators market is bifurcated on the basis of type, technology, flow-rate, source, distribution channel, offering, application, end-users, competitional landscape, and regional distribution. Based on type, the market is differentiated between portable and stationary. Among these, the portable oxygen concentrators have dominated the market in the past years and are expected to remain dominant over the coming years. portable concentrators are easy to carry as they are small in size and light in weight. Moreover, these concentrators are also used by mountaineers and travelers in places where oxygen supply is inadequate.
By technology, the market is bifurcated into pulse flow, continuous flow, and continuous/pulse. Pulse flow oxygen concentrators are estimated to grow at a rapid pace and dominate the market with a significant share. Oxygen delivery of these concentrators is based on breathing and inhaling, which customizes the oxygen delivery according to the user’s breathing rate. Whereas, the continuous flow oxygen concentrators deliver oxygen at a constant rate, indiscriminate of the user’s breathing. A pulse flow oxygen concentrator is a great solution for people who have an active and ever-changing lifestyle. If a user is frequently out, traveling, or exercising, pulse flow will adjust according to the changing breathing rate and ensure the right amount of oxygen that a user needs. As a result, the demand for pulse flow oxygen concentrators is higher than the continuous flow oxygen concentrator.
By application, the market is segmented into COPD, lung cancer, asthma, covid-19, and others. Among these, the COPD segment is estimated to hold a considerable market share over the coming years. In 2019, COPD accounted for a third leading cause of death across the globe and registered approximately 3.23 million deaths a year. The continuous rise in the rate of COPD affected patients due to the rising adoption of sedentary and unhealthy lifestyle choices such as high alcohol consumption, smoking, and junk eating. Moreover, the rising carbon emission along with the degrading quality of air is adding to the number of COPD-affected patients. As a result, COPD is continuously rising, which in turn is providing a thrust to the UAE oxygen concentrators market.
Based on the end user, the UAE oxygen concentrators device market is fragmented into hospitals & clinics, ambulatory care centers, and others. Among these, the hospitals & clinics segment is expected to hold the largest market share over the coming years. This is primarily because hospitals usually have fully developed infrastructure with technologically advanced medical devices and equipment required to deal with ailments like COPD, lung cancer, etc. Moreover, hospitals and clinics offer better care due to the presence of highly skilled professionals and nursing staff. In line with this, the rising focus on upgrading the healthcare infrastructure is expected to fuel this segment of the UAE oxygen concentrators device market.
A list of major market players of the UAE oxygen concentrators device market includes:
- Philips Healthcare UAE
- DeVilbiss Healthcare
- Zen-O-GCE Oxygen Concentrator
- Atlas Medical LLC
- Invacare
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“The surging obese population who are more prone to respiratory disorders is primarily contributing to the market growth. Obese people find difficulty in breathing due to extra fat around the neck, chest, or across abdomen which makes it difficult to breathe deeply and may produce hormone that affect patient’s breathing patterns. Apart from this, the rising initiatives by the government such as the authorized use of portable oxygen concentrators during air travel is providing a positive outlook to the market. Moreover, the increasing expenditure in improving the healthcare sector along with the rising awareness regarding the available technologies are estimated to propel the market growth over the forecast period. in addition, several UAE leading market players ae increasing their manufacturing capacities to cater to proliferating demand for oxygen concentrators and cylinders,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based UAE management consulting firm.
“UAE Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology (Pulse Flow, Continuous Flow, Continuous/Pulse), By Flow-rate (0-5l/min, 5-10l/min, Above 10l/min), By Source (Import v/s Domestic), By Distribution Channel (Wholesalers/Distributors/Suppliers, Online, Direct Sales), By Offering (Rental v/s New Sales), By Application (COPD, Lung Cancer, Asthma, COVID-19, Others), By End Users (Hospitals & Clinics, Ambulatory Care Centers, Home Care)By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of UAE oxygen concentrators device market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom stent market.
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