Summary - A new market study, titled “Global Medical Oxygen Concentrators Market, Size, Status and Forecast 2020-2026”has been featured on WiseGuy Reports.
The medical oxygen concentrators market was valued at USD 1.69 billion by 2019, growing with 9.2% CAGR during the forecast period, 2020-2026.
Medical oxygen concentrator provides effective oxygen therapy to chronic disease patients at greater oxygen concentrations compared to the levels of ambient air. Oxygen concentrator products have become one of the most convenient, and reliable sources of supplemental oxygen in the medical industry. This product separates the oxygen from the nitrogen and delivers high-concentration oxygen to the patient. These products typically output oxygen between 80-100% FiO2, with flows between 3-10 LPM with one or two outlets. The percent of oxygen received by the patient is depending on the mode of delivery such as a nasal catheter, nasal prongs, and facemasks. Due to technological advancements, the device does not need an oxygen tank and hence more convenient to handle. Therefore, it can be used for patients in hospitals as well as at home settings. The medical oxygen concentrator does not utilize stored oxygen in a chilled or compressed form.
Rest of Europe
Rest of APAC
Rest of LATAM
The Middle East and Africa
United Arab Emirates
Rest of MEA
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