DUBLIN--(BUSINESS WIRE)--The "Global Homecare Oxygen Concentrators Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the Global Homecare Oxygen Concentrators Market to grow at a CAGR of 8% during the period 2018-2022.
An oxygen concentrator is a medical device used to deliver oxygen to patients who have a medical condition that causes or results in low levels of oxygen in the blood.
The report covers the present scenario and the growth prospects of the homecare oxygen concentrators. To calculate the market size, the report considers the revenue generated from the sales of homecare oxygen concentrators
One trend affecting this market is the increasing online retailing. The trend of online shopping has increased significantly as products can be bought from home. Moreover, prices offered by online stores are often lower than the prices of products in retail stores due to low overheads costs.
According to the report, one driver influencing this market is the growing demand for oxygen therapy due to increased prevalence of respiratory diseases. Allergy, pollution, and smoking can result in respiratory diseases resulting in dyspnea or shortness of breath, which is gradually progressive and is one of the most important symptoms of lung disease. Oxygen therapy contributes to the above-mentioned factors by providing supplemental oxygen as a medical treatment.
Further, the report states that one challenge affecting this market is the high cost of products. Oxygen concentrators face a major challenge in terms of cost of the devices. New portable oxygen concentrators usually cost between $1400 and $3500 depending on the batteries and accessories. Also, these devices require regular maintenance, which adds to the total cost of products. Thus, these devices can be an expensive option for patients with limited disposable income.
- Chart Industries
- Koninklijke Philips
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Product
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/dfmxt8/global_homecare?w=4