Understand the influence of COVID-19 on the
Medical Oxygen Concentrator Market with our analysts monitoring the situation across the globe.
A medical oxygen concentrator (also sometimes called “medical oxygen generator”) is a medical device used to deliver a concentrated flow of oxygen to a patient. An oxygen concentrator takes in air and purifies it for use by people requiring medical oxygen due to low oxygen levels in their blood.
The technical barriers of medical oxygen concentrator are not high, resulting in numerous manufacturing enterprises. In the market, larger players are Invacare, Teijin Pharma, Chart Industries, Inogen, Yuyue Medical, Philips, DeVilbiss Healthcare, AVIC Jianghang, and others. The plants of them are concentrated in USA and China, accounting for 64% production share of total output in 2015. China is a large producer and consumer in the market, but due to low quality and technology, the price of China products is lower, and China import high-end products and export low-end products.
Oxygen concentrators provide a sustainable and cost-effective source of medical oxygen to health facilities with reliable power. An oxygen concentrator is a medical device that draws in air from the environment and passes it through molecular sieve beds to concentrate room oxygen to therapeutic levels for delivery to the patient. Medical oxygen concentrators are used by individuals with medical conditions who require a higher percentage oxygen concentration level than is typically present in ambient room air. Nowadays, with the increasing of home care services and nonhomecare services, demand for medical oxygen concentrator is expected to continue increasing during the remaining years of the forecast period of 2017-2022. Medical oxygen concentrator industry will usher in a stable growth space.
In the past few years, the price of medical oxygen concentrator has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of medical oxygen concentrator.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Medical Oxygen Concentrator 4900 market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Medical Oxygen Concentrator 4900 industry.
Based on our recent survey, we have several different scenarios about the Medical Oxygen Concentrator 4900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 1684.2 million in 2019. The market size of Medical Oxygen Concentrator 4900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Medical Oxygen Concentrator market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Medical Oxygen Concentrator market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Medical Oxygen Concentrator market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Production and Pricing Analyses
Readers are provided with deeper production analysis, import and export analysis, and pricing analysis for the global Medical Oxygen Concentrator market. As part of production analysis, the report offers accurate statistics and figures for production capacity, production volume by region, and global production and production by each type segment for the period 2015-2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for price by manufacturer and price by region for the period 2015-2020 and price by each type segment for the period 2015-2026. The import and export analysis for the global Medical Oxygen Concentrator market has been provided based on region.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Medical Oxygen Concentrator market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of volume for the period 2015-2026.
In the competitive analysis section of the report, leading as well as prominent players of the global Medical Oxygen Concentrator market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Medical Oxygen Concentrator market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Medical Oxygen Concentrator market.
The following manufacturers are covered in this report:
GF Health Products
Air Water Group
Beijing North Star
Medical Oxygen Concentrator Breakdown Data by Type
Portable Medical Oxygen Concentrator
Stationary Medical Oxygen Concentrator
Medical Oxygen Concentrator Breakdown Data by Application