Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc.
SAN FRANCISCO, July 1, 2015 /PRNewswire/ --
Radiant Insights announce that it has added a new study Stationary Oxygen Concentrators Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. Worldwide markets are poised to achieve continuing growth as the aging population worldwide needs homecare oxygen treatment. Older people develop COPD and other respiratory conditions where oxygen is able to improve the quality of the life in a dramatic manner. Portable devices have become affordable and support a mobile lifestyle even while on oxygen.
Browse Full Research Report With TOC On "Stationary Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" at: http://www.radiantinsights.com/research/stationary-oxygen-concentrators-market-shares-strategies-and-forecasts-worldwide-2015-to-2021
Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.
Major factors driving the market for stationary 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 newer stationary oxygen concentrator devices are that they weigh less, are somewhat quieter than toe older units, and are easy to use. They are generally affordable but reimbursement drives markets.
The huge jump in technology is illustrated by the effectiveness of the devices in providing improved patient lifestyle. Stationary concentrator systems are always used by a patient to supplement portable oxygen concentrators.
Home oxygen therapy (HOT), is administration at home of highly concentrated oxygen produced using a therapeutic oxygen concentrator as an ongoing therapy for patients with chronic respiratory ailments. Home oxygen therapy has spread rapidly since health insurance began covering these treatments in 1985. Stationary oxygen concentrator markets at $669.5 million market in 2014 are set to become a $2.0 billion market in 2021. Steady growth is anticipated because the portable units will still need a stationary unit for sleeping throughout the forecast period.
Table Of Content:
Stationary Oxygen Concentrator Executive Summary
Stationary Oxygen Concentrator
Home Oxygen Market, Continues to Use Stationary Concentrators
Stationary Oxygen Concentrator Home Medical Market Driving Forces
Change in Home Oxygen Market
Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA)
Homecare Services Model Replaces Distribution Model
Decisions About Use Of Continuous Or Pulsed Oxygen
Research on Oxygen Concentrators
Stationary Oxygen Concentrators Market Driving Forces
Stationary Oxygen Concentrator Market Shares
Stationary Oxygen Concentrators
Stationary Oxygen Concentrator Market Forecasts
1. Stationary Oxygen Concentrator Market Description and Market Dynamics 46
1.1 CMS Oxygen and Oxygen-Related Equipment
1.1.1 CMS Oxygen Reimbursement Definitions
1.1.2 CMS Qualifying Arterial Blood Gas Studies
1.1.3 CMS Home Sleep Oximetry Studies
1.1.4 Home Oxygen Concentrator Equipment Medicare Reimbursement
1.1.5 Home Medical Equipment Market
1.1.6 Home Health Care
1.1.7 Third-party reimbursement
1.2 Homecare Market Growth Factors
1.2.1 Growth In Population Over Age 65
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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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SOURCE Radiant Insights
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