PUBLISHER: TechNavio | PRODUCT CODE: 1558475
PUBLISHER: TechNavio | PRODUCT CODE: 1558475
The homecare oxygen concentrators market is forecasted to grow by USD 2309.7 mn during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the homecare oxygen concentrators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of respiratory diseases, rise in geriatric population, and rising healthcare expenditure.
Technavio's homecare oxygen concentrators market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 15.18% |
CAGR | 18.52% |
Incremental Value | $2309.7 mn |
By Product
By Technology
By Geographical Landscape
This study identifies the continuous product innovation as one of the prime reasons driving the homecare oxygen concentrators market growth during the next few years. Also, increase in online retailing and growing government initiatives toward respiratory diseases will lead to sizable demand in the market.
The report on the homecare oxygen concentrators market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading homecare oxygen concentrators market vendors that include Besco Medical Ltd., BPL MEDICAL TECHNOLOGIES Pvt. Ltd., Chart Industries Inc., Enovis Corp., Contec Medical Systems Co. Ltd., Medical Depot Inc., Inogen Inc., Invacare Corp., Kare Medical and Analytical Devices Ltd. Co., Koninklijke Philips N.V., Longfian Scitech Co. Ltd., Niterra Co. Ltd., Nidek Medical Products Inc., O2 Concepts LLC, Precision Medical Inc., ResMed Inc., SCALEO Medical, Teijin Ltd., Yuwell Jiangsu Yuyue medical equipment and supply Co. Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd.. Also, the homecare oxygen concentrators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: