Portable Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2018
DUBLIN, August 14, 2013 /PRNewswire/ –
Research and Markets (
http://www.researchandmarkets.com/research/ftq836/portable_oxygen) have announced the
addition of a new report, “Portable Oxygen Concentrators: Market Shares, Strategies, and
Forecasts, Worldwide, 2013 to 2018″
[http://www.researchandmarkets.com/research/ftq836/portable_oxygen ], to their offering.
Newer portable oxygen concentrators can be used as multipurpose devices.
Portable oxygen concentrator technology has been instantiated many times over, but in
a most compelling manner by Inogen as the Inogen oxygen concentrator represents a
technological breakthrough. The Inogen One G3 is a complete departure from current
mainstream technologies. It represents a shift away from standard large, bulky, stationary
concentrator systems and inefficient, heavy, and impractical portable devices.
This transformation presents a new opportunity for people who make PSA oxygen
equipment. Economies of scale and a new distribution modality leveraging homecare services
are set to change the medical oxygen industry. Home delivery markets tend to be
Delivering oxygen cylinders costs money and consumes resources. 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
Philips medical chronic disease equipment is able to address market trends. Invacare
has been a continuing market leader in articulating the benefits of homecare.
The complexion of the home oxygen market is changing as portable concentrators evolve
to be smaller and less expensive. The advent of reliable, inexpensive portable home oxygen
concentrators has changed the market dynamic significantly.
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
The move from a primary delivery with a cost structure that accounts for truck rolls
to a portable device market is set to bring dramatic changes to the industry. For vendors
that have relied on the distribution network and financing the distribution network, their
hold on the market has shifted.
Oxygen concentrator [http://www.researchandmarkets.com/research/ftq836/portable_oxygen
] markets at $242.5 million in 2012 are anticipated to reach $1.9 billion dollars by 2019.
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
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Source: Wintergreen Research, Inc
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Research and Markets Laura Wood, Senior Manager. email@example.com U.S. Fax: +1-646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Healthcare and Medical Devices [http://www.researchandmarkets.com/categories.asp?cat_id=12&campaign_id=ftq836 ]
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