Research and Markets: Portable Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/l7ckwc/portable_oxygen)

has announced the addition of Wintergreen Research, Inc's new report "Portable

Oxygen Concentrators: Market Shares, Strategies, and Forecasts,

Worldwide, 2015 to 2021" to their offering.

Portable oxygen concentrator market size at $744 million in 2014 is

expected grow to $2.2 billion by 2021. Market growth is a result of the

aging of the population and the increased need for oxygen.

Major factors driving the market for portable oxygen concentrators

include its ability to provide oxygen under all circumstances. The

worldwide aging population. An increase in the number of people with

COPD and other respiratory diseases. Advantages of portable oxygen

concentrator devices are that they weigh less, are easy to use. They are

affordable.

The complexion of the home oxygen market is changing. Home oxygen

markets have been predicated on a dealer infrastructure. These dealers

get reimbursed for regular deliveries of liquid oxygen used for

supplemental oxygen so the patient can go out, buy groceries, go to the

movies, and visit family for a short time. The advent of reliable,

inexpensive portable home oxygen concentrators has changed the market

dynamic significantly.

No longer do patients need regular deliveries of liquid oxygen for

supplemental purposes so the patient can go out. Now, the patient just

uses one device at home and while out of the home. The economics of the

medical oxygen market have been changing for a long time. CMS Medicare

and the private insurers that follow their lead have been resisting

paying for supplemental liquid oxygen because the price of truck rolls

is too high. With lowered reimbursement, the dealer distribution network

that has been in place for many years is no longer tenable.

Key Topics:



Oxygen Concentrator

Portable Oxygen Concentrators

Homecare

Home Oxygen

Home Medical Equipment

Oxygen Therapy

Managed Care

Non-Acute Health Care

Unified Supply Network

Portable Pulsed Delivery Oxygen

Portable Continuous Pressure Oxygen

Portable Pulsed Oxygen

Patients on Oxygen

Home Oxygen Reimbursement

Homefill Oxygen Concentrator

Portable Oxygen Concentrators Market Share

Portable Oxygen Concentrators Market Forecasts

Companies Mentioned

Air Liquide

AirSep

Braun and Company

CAIRE / SeQual Technologies

CareFusion / Intermed Equipment

Chart / Caire / SeQual

Chart Industries

Covidien

DeVilbiss Healthcare

Drive Medical

Dr