United States oxygen concentrators market
is expected to grow at a significant rate during the forecast period. Increasing prevalence of pulmonary diseases such as lung cancer,
bronchitis, emphysema, acute pneumonia requires the support of supplement oxygen for survival and
treatment of patients. Oxygen concentrators can be used either at home or
healthcare facilities according to the convenience of patients thereby the
facility of easy use of oxygen concentrators is acting as a major driver for
high demand of oxygen concentrators in United States.
The outbreak
of coronavirus pandemic has contributed significantly to increase the
demand for oxygen concentrators as patients suffering from coronavirus suffer
from coughing, sneezing and shortness of breath. The oxygen levels drop down to
lower levels sometimes leading to the death of the patient which is the main
reason fueling the growth of the oxygen concentrators market for the forecast
period. Increasing prevalence of tobacco smoking is giving rise to a number of
respiratory disorders thus accelerating the United States oxygen concentrators
market. Patient preference for home-based therapy to avoid the additional cost
of availing healthcare facilities is aiding to fuel the growth of the oxygen
concentrators market.
United
States oxygen concentrators market is segmented into type, technology, flow rate, source,
application, end users, regional distribution, and company. Based on end users, oxygen
concentrators market is further divided into hospitals & clinics,
ambulatory care centers and home care. The hospitals & clinics segment is
expected to account for major market share for the forecast period, 2023-2027.
Increase in number of patients admitted into the hospitals suffering from
respiratory diseases and supportive government reimbursement policies is
driving the growth of the hospitals segment.
The major players operating in the United
States oxygen concentrators market are Philips Healthcare
(USA), Invacare Corporation, Inogen, Inc., NGK Spark Plugs (U.S.A.), Inc., Nidek
Medical Products, Inc., Supera Anesthesia Innovations, O2 Concepts, LLC, DeVilbiss Healthcare LLC,
among others. Major companies are developing advanced technologies and
launching new services to stay competitive in the market. Other competitive
strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market size of United
States oxygen concentrators market from 2017 to 2020.
- To estimate and forecast the market size of United States oxygen
concentrators market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States oxygen concentrators market based
on type, technology, flow rate, source, application, end users, regional
distribution, and company.
- To identify dominant region or segment in the United States oxygen
concentrators.
- To identify drivers and challenges for United States oxygen concentrators
market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States oxygen
concentrators market.
- To identify and analyze the profile of leading players operating in
United States oxygen concentrators market.
- To identify key sustainable strategies adopted by market players in
United States 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 across the globe. 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 manufacturers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of United States 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 manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to oxygen concentrators market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2017 –
2020
|
|
Estimated
Year
|
2022E
|
|
Forecast
Period
|
2023F –
2027F
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F
|
|
Report
Coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
Covered | - Type
- Technology
- Flow Rate
- Source
- Application
- End User
|
|
Region
Scope
|
South-Region,
West-Region, Mid-West Region & Northeast-Region
|
|
Key
Companies Profiled
|
Philips
Healthcare (USA), Invacare Corporation, Inogen, Inc., NGK Spark Plugs
(U.S.A.), Inc., Nidek Medical Products, Inc., Supera Anesthesia Innovations,
O2 Concepts, LLC, DeVilbiss Healthcare LLC.
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, United States oxygen
concentrators market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
·
United States Oxygen Concentrators Market,
By Type:
- United States Oxygen Concentrators Market, By Technology:
- Pulse
Flow
- Continuous
Flow
- Continuous/Pulse
- United States Oxygen Concentrators Market, By Flow Rate:
- 0-5l/min
- 5-10l/min
- Above
10l/min
- United States Oxygen Concentrators Market, By Source:
- United States Oxygen Concentrators Market, By Application:
- COPD
- Pneumonia
- COVID-19
- Hypoxemia
- Others
- United States Oxygen Concentrators Market, By End User:
- Hospitals
& Clinics
- Ambulatory
Care Centers
- Home
Care
- United States Oxygen Concentrators Market, By Region:
- South
- West
- Mid-West
- North East
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States 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).
United States 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]