DUBLIN--(BUSINESS WIRE)--The "Stationary Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide 2017 - 2023" report from Wintergreen Research, Inc has been added to Research and Markets' offering.
Stationary Oxygen Concentrator Markets at $725.5 Million Market in 2016 are Set to Become a $1.2 Billion Market in 2023
Worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment.
Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner. Stationary oxygen devices provide continuous flow, often at 5LPM liters per minute to serve patients that need to be on oxygen. The need for these continuous flow rates night and day continue to drive sales of stationary oxygen concentrator units.
Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.
Major factors driving the market for stationary oxygen concentrators include:
- Its ability to provide oxygen under all circumstances
- The worldwide aging population
- An increase in the number of people with COPD and other respiratory diseases
- Advantages of newer stationary oxygen concentrator devices are that they weigh less
- Advantages of newer stationary oxygen concentrator devices are that are somewhat quieter than the older units, and are easy to use
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They are generally affordable but reimbursement drives markets
Steady growth is anticipated because the portable units will still need a stationary unit to deliver continuous flow for sleeping. Stationary market will be in existence throughout the forecast period. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for stationary devices at home even as portable devices provide greater mobility support for older people.
Key Topics Covered:
Executive Summary
1. Stationary Oxygen Concentrator Market Description and Market Dynamics
2 Stationary Oxygen Concentrator Market Shares and Forecasts
3. Stationary Oxygen Concentrator Product Description
4 Stationary Oxygen Concentrator Technology
5 Stationary Oxygen Concentrator Company Profiles
- AirSep
- American Lung Association
- Chart / Caire / AirSep / Sequal
- Chart Industries
- Drive Medical / DeVilbiss Healthcare
- Drger
- Foshan Keyhub Electronic Industries Co. Ltd.
- Gardner Denver / Thomas Compressors
- Inogen
- Inova Labs
- Invacare
- Jiuxin Medical
- Leistung Engineering
- Longfian Scitech
- Merits
- Nidek Medical
- NTK
- O2 Concepts
- Philips Healthcare / Respironics
- Philips Respironics
- Precision Medical
For more information about this report visit https://www.researchandmarkets.com/research/lb3djc/stationary_oxygen
