The Portable Oxygen Concentrators Market will register a CAGR of close to 11% by 2023

Tuesday, December 11, 2018 General News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, Dec. 10, 2018 /PRNewswire/ -- About this marketThe prevailing presence of assisted living facility and home-care

settings is likely to boost growth in the market. The presence of assisted living facilities in developed and developing countries is increasing the demand for portable oxygen concentrators in the market. Technavio's analysts have predicted that the
portable oxygen concentrators market will register a CAGR of close to 11% by 2023.Read the full report: https://www.reportlinker.com/p05647271 Market OverviewIncreasing number of product launchesVendors are launching new models of portable oxygen concentrators in the market to stimulate the demand and their market shares. The companies are emphasizing on evolving low weight portable oxygen concentrators for people suffering from COPD and asthma, which is likely to boost the market growth.High cost of oxygen concentratorsThe technological advances and new features of portable oxygen concentrators increase their cost, which is hindering the market growth.For the detailed list of factors that will drive and challenge the growth of the portable oxygen concentrators market during the 2019-2023, view our report.Competitive LandscapeThe market appears to be fragmented and with the presence of several companies including Drive DeVilbiss Healthcare and Inogen, the competitive environment is quite intense. Factors such as the prevailing presence of assisted living facility and home-care settings and the increasing number of product launches, will provide considerable growth opportunities to portable oxygen concentrators manufactures. Drive DeVilbiss Healthcare, Inogen, Koninklijke Philips, and Invacare are some of the major companies covered in this report.'With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Many companies in the market have been offering technologically advanced portable oxygen concentrators.'Read the full report: https://www.reportlinker.com/p05647271 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

 

Cision View original content:http://www.prnewswire.com/news-releases/the-portable-oxygen-concentrators-market-will-register-a-cagr-of-close-to-11-by-2023-300762799.html

SOURCE Reportlinker



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store