Global oxygen concentrator market is segmented on the basis of product type, application and geography. An oxygen concentrator (also sometimes called “oxygen generator”) refers to a medical device used in delivering oxygen for patients. Oxygen concentrators are normally acquired via prescription and therefore cannot be purchased over the counter. Technically, oxygen concentrators are induced by plugging in to an electrical outlet or using a battery. Battery powered concentrator are needed to be charged by plugging into an outlet. A compressor, sieve bed filter and circuit boards are some parts that make up a concentrator.
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An oxygen concentrator possesses a compressing element, and hence it should not be interpreted as compressed oxygen. Instead, a tank has a set amount of oxygen for dispensing. A concentrator filters in air, compress it and release the air constantly. The air supply will never run out hence, the concentrator just needs access to power instead of refilling compressed air.
Growth in geriatric population on a global scale induce rise in homecare oxygen treatment. Patients with respiratory conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis and emphysema have benefitted greatly with innovations in oxygen concentrator technology. Some of the new and improved versions of the standard large and bulky devices include AirSep’s LifeStyle Portable Oxygen Concentrator, Inogen One G3, VBOX Trooper, EverGo, Invacare XPO2 and iGo.
On the basis of product type, the oxygen concentrator market is segmented into portable oxygen concentrator, stationary oxygen concentrator and so on. On the basis of application, the oxygen concentrator market is segmented into medical, water treatment, pharmaceutical production, glass manufacture and so on.
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On the basis of geography, the oxygen concentrator market is segmented into Europe, Asia Pacific, North America, Middle East & Africa and Latin America. Asia Pacific Excluding Japan oxygen concentrators market is projected to register a significant CAGR during the forecast period. Improving economic conditions is fuelling the growth of oxygen concentrators market in Asia Pacific.
The key players of oxygen concentrator market are Air Liquide, CareFusion, Braun and Company, Chart Industries, Covidien, Dr?ger, DeVilbiss Healthcare, Drive Medical, Fanem, Fisher & Paykel Healthcare, Bio-Med Devices, Invacare Philips Healthcare, CareFusion, DeVilbiss Healthcare Sequal, Respiration Equipment, Jiangxi Teli Anesthesia, Newport Medical Instruments Inc., Inovo, Impact Instrumentation, Respironics, Providence Global Medical, Percussionaire Corporation, Vortran Medical Technology, Smiths Medical WinterGreen Research Inc., Eget Hi-Tec Co. Ltd., Race Medical & Beauty Equipments and Maquet.
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