Global Oxygen & Portable Oxygen Concentrators (POC) market is expected to reach $1.9 billion by 2019, from $242.5 million in 2012, according to a new market research report. This growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for greater mobility support for older people. Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner.
In current competitive bidding markets, reimbursement for oxygen is down by up to a third. Providers in these markets are compensating for this reduction by moving their oxygen business to a non-delivery model. The market for oxygen concentrators is being disrupted by the portable devices that can be used to provide oxygen under all circumstances. The reimbursement is too low to support what worked in the past. This is a dramatic shift in the home medical oxygen market.
Spanning over 572 pages and 241 tables & figures, “Oxygen Concentrators: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019” and over 464 pages and 187 tables & figures, “Portable Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019” reports presents an in-depth assessment of the global oxygen concentrators market from 2013 till 2019.
In addition to covering the business models, market dynamics, technology, key players, the report also presents comprehensive forecasts for the market from 2013 till 2019. The report covers key industry players including Inogen, Longfian, Nidek, Philips Respironics, Invacare, Drive, Chart / Caire / SeQual, Scitech Devilbiss, Teijin, AirSep, O2Concepts Oxlife, Air Liquide, Braun and Company, CareFusion / Intermed Equipment, Chart Industries, CAIRE / SeQual Technologies, Covidien, DeVilbiss Healthcare, Dräger, Drive Medical, Fanem, Fisher & Paykel Healthcare, Gardner Denver / Thomas Compressors, GE Healthcare, Getinge Group AB / Maquet, Graham Field, Hamilton Medical, Heinen & Loewenstein GmbH & Co., Inova Labs, Jiuxin Medical, Leistung Engineering, Longfian Scitech, Merits, Nidek Medical, O2 Concepts, OSI Systems, ResMed, Smiths Group plc / Smiths Medical, Teleflex Incorporated / Teleflex Medical, Terumo, UltraNebs, VBox Trooper, Vitality, Medical, Vygon.
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