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Download Free sampleThe global Stationary Oxygen Concentrators market was valued at 586.33 Million USD in 2021 and will grow with a CAGR of 7.36% from 2021 to 2027, based on Research newly published report.
The prime objective of Stationary Oxygen Concentrators Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Stationary Oxygen Concentrators Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. The air from an oxygen concentrator has a higher concentration of oxygen than the surrounding ambient air, but the device does not rely on the use of oxygen tanks. There are a number of reasons to use an oxygen concentrator with a patient, and these devices are subject to varying degrees of regulation, depending on where they are being used. With an oxygen concentrator, the device pulls air into a chamber which absorbs nitrogen. The oxygen-rich air is routed through a tube to the patient, while the nitrogen is vented harmlessly. Depending on the size of the device, it can filter and concentrate varying amounts of air per minute. Currently in the market there are two primary types of oxygen concentrator: portable & stationary. In Stationary Oxygen Concentrators Market we mainly analyze the market of stationary oxygen concentrator. At present, in the foreign industrial developed countries, the world`s large enterprises` headquarters are mainly concentrated in the United States, Europe. The R&D of stationary oxygen concentrator is generally at a more advanced level, they have more advanced equipment, strong R & D capability. But foreign companies` manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, thus in recent years some companies come to China to build plant, such as Invacare, Devilbiss. As technology of Chinese stationary oxygen concentrators production enterprise continues to improve and Chinese demand growth, their share in the global market is increasing, competitiveness in the international market gradually increase.
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