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The medical oxygen concentrators market size will record an incremental growth of USD 1.14 bn and a CAGR of 9% during 2020-2024.
This market report entails segmentation by type (Ambulatory, Portable, and Stationary) and geography (North America, Europe, Asia, and ROW). View our sample report to gather market insights on the segmentations.
The medical oxygen concentrators market report also analyzes the market's competitive landscape and offers information on several market vendors, including Chart Industries Inc., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Nidek Medical Products Inc., ResMed Inc., Teijin Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd..
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The medical oxygen concentrators market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.
The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this medical oxygen concentrators market analysis report. Factors such as the rising number of new product launches will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.
To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.
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The report offers an up-to-date analysis of the geographical composition of the market. Asia had the largest market share in the medical oxygen concentrators market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The technological advances will significantly influence medical oxygen concentrators market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
34% of the market's growth will originate from Asia during the forecast period. US | Germany | France | China | UK | Japan are the key markets for medical oxygen concentrators market in the region. This report provides estimations of the contribution of all regions to the growth of the medical oxygen concentrators market size.
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Medical Oxygen Concentrators Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Decelerate at a CAGR of 9% |
Market growth 2020-2024 |
USD 1.14 billion |
Market structure |
Fragmented |
YoY growth (%) |
45.97 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
Asia at 34% |
Key consumer countries |
US, Germany, France, China, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Chart Industries Inc., Drive DeVilbiss Healthcare Ltd., GCE Holding AB, Inogen Inc., InvacareÃÂ Corp., Koninklijke Philips NV, Nidek Medical Products Inc., ResMed Inc., Teijin Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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