Malaysia oxygen concentrators
market is expected to show a robust growth with an impressive CAGR in the
upcoming five years of forecast, 2023-2027. The market growth can be attributed
to rising number of infectious diseases, and surge in the number of patients
suffering from respiratory failure. Moreover, the last couple of years saw a
pandemic condition worldwide. COVID-19 virus starting from the Wuhan City,
China. The virus spread has been severe and has claimed thousands of lives in
the country already, but the number of infected patients is still rising. The
treatment involves the use of oxygen concentrators and thus the surge in the
demand has increased in the last five years. Also, due to degrading
environmental health, population is breathing contaminated and toxic air. This
is causing many lung disorders, heart related issues and respiratory failures.
All these factors are expected to support the growth of the Malaysia oxygen
concentrators market positively in the upcoming five years. Oxygen concentrator
is a device that is used to supply oxygen to the patients suffering from
respiratory disorders that causes the patient to not be able to consume oxygen
on their own. So that, oxygen concentrators are a tank of liquid oxygen that
has a pump that converts the liquid form of the oxygen into gaseous form and is
implanted to the patient to inhale the oxygen. The concentrator aids the supply
of the oxygen for the patients who have logging in their trachea, bronchus and
lungs. Furthermore, government aid toward the reimbursement to the patients and
the hospitals and clinics providing the oxygen concentrators to the patient is
anticipated to robust the growth of the Malaysia oxygen concentrators market in
the next five years, until 2027.
The Malaysia oxygen
concentrators market is segmented by type, technology, flow-rate, source,
application, end users, regional distribution, and competitional analysis. Based on type, the market is
further categorized into portable oxygen concentrator, and stationary oxygen
concentrator. Advantages such as ease of use, portability, and reduced weight
increase patient preference rate is anticipated to drive the dominance of
portable oxygen concentrator shares in the upcoming five years. Advancements in
these concentrators providing long battery life, miniaturization and
integration of membrane technology will spur its adoption rate in the coming
years. Additionally, introduction of novel oxygen concentrators by prominent
companies offering portability with enhanced technology will further impact the
industry size and thereby influence the growth of the Malaysia oxygen
concentrators market. Stationary oxygen concentrators are also anticipated to
hold significant shares of the market, on the grounds of its trend of usability
and adaptability in the country’s healthcare sector.
A partial list of market
player in the Malaysia oxygen concentrators market includes, LKL Advance
Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago
Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor
Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd, among
others. These market players hold larger shares of the market than the new
market players. With the advancement of the technology, it is appropriate to
say that the effective research and development of the technologically advanced
medical devices would support the market growth and benefit the market players
as well as the consumers. New market players may focus on the research and
development to provide devices that satisfies the consumer demand as well as
benefits the market players in building their brand value. Other competitive
strategies include mergers & acquisitions and new product developments.
Objective
of the Study:
- To analyze the historical
growth of the market size of Malaysia oxygen concentrators market from 2017
to 2020.
- To estimate and forecast the market size of Malaysia
oxygen concentrators market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Malaysia oxygen concentrators market based
on type, technology, flow-rate, source, application, end user,
competitional landscape, and regional distribution.
- To identify dominant region or segment in the Malaysia
oxygen concentrators market.
- To identify drivers and challenges for Malaysia oxygen
concentrators market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Malaysia
oxygen concentrators market.
- To identify and analyze
the profile of leading players operating in Malaysia oxygen concentrators market.
- To identify key sustainable strategies adopted
by market players in Malaysia oxygen concentrators market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers, suppliers, and service providers
across the country. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufactures which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market
size of Malaysia oxygen
concentrators market
using a bottom-up approach, wherein data for various end-user segments was
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key
Target Audience:
- Oxygen concentrators manufacturers, end users, and other
stakeholders
- Distributers and suppliers of the products and other
stakeholders
- Organizations, forums, and alliances related to the
oxygen concentrators
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Years
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2017 – 2020
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Estimated Year
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2022E
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Forecast Period
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2023F – 2027F
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments Covered
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·
Type
·
Technology
·
Flow Rate
·
Source
·
Application
·
End User
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Region Scope
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East, West
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Key Companies Profiled
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LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee
Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker
Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed
Marketing Sdn Bhd, Nazmed Sdn Bhd
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, Malaysia oxygen concentrators market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Malaysia Oxygen Concentrators Market, By Type:
- Portable Oxygen Concentrators
- Stationary Oxygen Concentrators
- Malaysia Oxygen Concentrators
Market, By Technology:
o Continuous Flow
o Pulse Flow
o Continuous/ Pulse (Hybrid Flow)
- Malaysia Oxygen Concentrators
Market, By Flow Rate:
- 0-5l/min
- 5-10l/min
- Above 10l/min
- Malaysia Oxygen Concentrators
Market, By Source:
- Malaysia Oxygen Concentrators
Market, By Application:
- COPD
- Pneumonia
- COVID-19
- Hypoxemia
- Others
- Malaysia Oxygen Concentrators
Market, By End User:
- Hospitals & Clinics
- Ambulatory Care Centers
- Home Care
- Malaysia Oxygen Concentrators
Market, By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Malaysia oxygen concentrators market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Malaysia Oxygen Concentrators Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]