Medical Oxygen Concentrators Market 2020: Trends, Supply & Demand, Growth Factors, Business Statistics and Research Methodology with Forecast to 2030

in medical •  4 years ago 

The changing lifestyle and rise in pollution has led to an increase in the cases of cardiopulmonary and lung disorders. There is a surge in the registered cases of Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, asthma and other respiratory disorders. According to Centers for Disease Control and Prevention (CDC) 3.6% of adults in United States suffer from chronic bronchitis. Close to 65 million people globally suffer from COPD. Medical oxygen concentrators help patients suffering from such disorders by sustainable supply of oxygen. The oxygen concentrators use the air in surrounding to minimize the nitrogen level and increase the oxygen concentration hence, is a reliable source of oxygen. Increased healthcare spending and enhanced standard of living is expected to drive the demand for medical oxygen concentrators globally.

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