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Global Medical Oxygen Concentrator Market Size ...

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Bharat Book Bureau Provides the Trending Market Research Report on "Global Medical Oxygen Concentrator Market Outlook, 2026” under Life Sciences Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

An oxygen concentrator is a device that concentrates the oxygen from a gas supply by selectively removing nitrogen to supply an oxygen-enriched product gas stream. The device can aid those whose oxygen saturation levels are between 88 and 92 by reducing the burden on the lungs. With the demand for medical oxygen continuing unabated and countries struggling to keep pace with demand, the oxygen concentrator has emerged as a sought-after device. The research report titled Global Medical Oxygen Concentrators Market Outlook, 2026 by Bharat Book Bureau categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Portable, Stationary, & Oxygen Cylinders), based on technology (Continuous Flow & Pulse Flow) based on end users (Home Care & Non Home Care), based on region, countries & major companies.

The high demand for medical oxygen concentrators is mainly attributed to infections and chronic diseases affecting the respiratory health of individuals. The major use of oxygen was prominent with the incline in the respiratory issues caused by increasing pollution, resulting in a market value of USD 1.59 Billion in 2015. With the recent COVID-19 outbreak globally, the demand for medical oxygen concentrators is set to spur exponentially. The corona pandemic was a boost for the market in disguise, which is to aid a market growth of more than 6% through the forecasted period. Adoption of medical oxygen concentrators will be high, especially in hospitals to manage respiration among critical patients.

Globally, around 300 Million people suffer from asthma as per one of the reports of the World Health Organization. This has been a major reason for the upsurge in the demand for the medical oxygen concentrator. Even though the oxygen cylinder segment is the leading product type segment, with a market share of over 47% in 2020, the portable cylinder segment is anticipated to have major growth in the coming years. Advantages such as ease of use, portability, and reduced weight, along with long battery life, miniaturization, and integration of membrane technology will spur its adoption rate to 9.56% through the forecasted period. Continuous flow medical oxygen concentrator segment size was over USD 1.78 billion in 2020. The prevalence of chronic respiratory conditions has led to a high number of emergency cases requiring continuous oxygen supply to patients. Increasing the use of continuous flow concentrators during critical situations in healthcare facilities is expected to positively impact its market growth. However, the pulse flow technology is expected to grow over an anticipated CAGR of 11.12%.

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For this study, Bharat Book Bureau has segmented the Global Medical Oxygen Concentrator Market report based on product, technology, end users, and region:

CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• Europe
• Asia
• Latin America
• Middle East & Africa

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Product (Portable Oxygen Concentrator, Stationary Oxygen Concentrator, & Oxygen Cylinders)
• Market Share by Technology (Continuous Flow & Pulse Flow)
• Market Share by End User (Home Care & Non-Home Care)
• Market Share by Region
• Market Share by Country
• Market Share by Company

Browse our full report with Table of Content :
https://www.bharatbook.com/report/871076/global-medical-oxygen-concentrator-market-outlook

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