Global Oxygen Concentration Market, by type (portable V / s stationery), by technology (Continuous flow, heart rate, continuous / heart rate), flow-flow (0-5l / min, 5-10l / min, over 10l /) Minutes, by application (COPD, Lung Cancer, Pneumonia, COVID-19, etc.), by end users (hospitals and clinics, ambulance care centers, home care, etc.), by region, competition forecasting and opportunities, 2026
New York, July 20, 2021 (Globe News) – Reportlinker.com “Global Oxygen Concentrations Market, Type, Technology, Flow, Application, End Users, Region, Competition” Predictions & Opportunities, 2026 “- https: / /www.reportlinker.com/p06105534/?utm_source=GNW
Global Oxygen Storage Market It stood at USD2409.36 million by 2020 and is expected to grow steadily by 4.38% during the forecast period. Chronic obstructive pulmonary disease and other chronic diseases include COPD, lung cancer, coronary heart disease, and others. According to a global burden study, In 2016, there were 251 million OODs worldwide. Over the years, COPD has become the fourth leading cause of death in the world and is said to be the third leading cause of death worldwide. This is expected to further strengthen market growth over the next few years. In addition, epidemics and the COVID-19 epidemic have greatly increased the demand for oxygen. Oxygen stores help provide oxygen support to COVID-19 patients with respiratory problems. Increases in COVID-19 cases Demand for oxygen concentrations will increase significantly by 2020. And Some countries that are experiencing the second epidemic in 2021 are in dire need of oxygen reserves. For example, in April and May 2021, India, with the second outbreak of malaria, created a huge market and demand for oxygen. Malaysia, which is in the throes of a second pandemic, is in dire need of oxygen. Similarly, demand in South American countries has grown exponentially.
The global oxygen concentration market is divided based on type, technology, flow rate, application, end user, company and region distribution. Depending on the type, the market is divided into portable oxygen concentration and static oxygen collection.
Mobile Oxygen Concentration Unit By 2020, it had a market share of about 79.53%. This can lead to the widespread use of portable oxygen concentrators in hospitals as well as home care for the treatment of COVID-19 cases. Significant increases in COVID-19 cases have led to increased demand for portable oxygen storage. Benefits associated with portable oxygen storage, such as light weight, small size, cost savings, and so on, will further increase the demand for oxygen storage over the next few years. In addition, the growing demand for mobile oxygen sources from ICIS is expected to boost market growth in the next few years.
Major companies operating in the global Oxygen Concentration Market include Connikljke Phillips NV, Invacar Corporation, Inogen Ink, NGK Spare Company, Limit Health Care and others. Players working in the market are expanding their product portfolio to stay competitive in the market and have an edge over their competitors, using organic strategies for growth, including integration and discovery. For example, in October 2019, Precision Medical, Inc. The new Oxygen Storage “Direct Active Five” is designed to help people suffering from respiratory illnesses such as COPD. In addition, portable oxygen storage (POC) has led to evolution in the market and recently added a compact G5 system to the Ingen portable and user-friendly oxygen supply family. The next device will feature advanced flow settings and extended battery life to meet the diverse needs of consumers. Although the pioneer company has previously focused on designing in-house oxygen concentrators only, the latest medical oxygen system is small, lightweight and easy to use everywhere.
Years have passed for this report
Historical Years-2016 – 2019
Basic year: 2020
Forecast period: 2022 – 2026
Purpose of the study
• To analyze the historical growth in the global oxygen storage market over the period 2016 to 2020.
• To estimate and forecast the size of the global oxygen storage market and its growth up to 2026 between 2021 and 2026.
• To classify and predict global oxygen concentrations market based on type, technology, flow rate, application, end user, region and company.
• Identify a major region or segment in the global oxygen storage market.
• Identify drivers and challenges for the global oxygen storage market.
• To explore competitive developments in the global oxygen storage market, such as expansion, new product launches, mergers and acquisitions, etc.
• Identify and analyze the profiles of leading players in the global oxygen storage market.
• Identify key sustainable strategies adopted by market players in the global oxygen storage market.
The analyst completed a primary and secondary study for this study. First, the analyst found a list of manufacturers, suppliers, and service providers across the country.
The analyst then conducted preliminary research with the selected companies. During the interview, respondents were also asked about their competitors.
With this method, the analyst may include products that may not be known due to secondary research limitations. The analyst examines the production, distribution channels and survival of some of the biggest players in the country.
The analyst calculated global market concentrations using a bottom-up approach, which recorded data for various end-users and forecast for years to come. The analyst obtained these values from industry experts and company representatives and analyzed the historical data of these products and applications to obtain the appropriate total market share.
Various secondary sources, such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports, were also studied.
Key target audience
• Manufacturers, end users, distributors and other stakeholders
• Hospitals and clinics, ambulance care centers and others
• Oxygen-related organizations, forums, and coalitions
• Market research and consulting firms
In addition to strategically investing and taking advantage of market opportunities, the study is important in answering industry critical questions such as vendors, suppliers, end users, etc.
In addition to the industry trends listed below in this report, the global oxygen storage market is divided into the following categories.
• Global Oxygen Concentration Market, by type
• Global Oxygen Concentration Market, Technology-
o Continuous flow
o Heart flow
o Continuous heart rate
• Global Oxygen Concentration Market, Flow-Flow
o 0-5l / min
o 5-10l / min
o More than 10 l / min
• Global Oxygen Concentration Market, by:
o Lung cancer
o Cover -19
• Global Oxygen Concentration Market, end user
o Hospitals and clinics
o Ambulance care centers
o Home care
• Global Oxygen Concentration Market, by region
o North America
o South America
Middle East and Africa
Company Profiles: A detailed analysis of the major companies in the global oxygen storage market.
We provide customization based on the specific market needs of the company. The following customization options are available for the report
• Detailed analysis and profile of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06105534/?utm_source=GNW
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