Oxygen Cylinders and Concentrators Market to surpass $4.5 bn by 2024

Germany Homecare Oxygen Concentrators Market size, by product,
2012-2023 (USD Million)
Browse key industry insights spread across 150 pages with 60 market data tables &
12 figures & charts from this 2017 report Oxygen Cylinders and Concentrators
Market in detail along with the table of contents at:
https://www.gminsights.com/industry-analysis/oxygen-cylinders-and-concentratorsmarket
U.S. oxygen cylinder and concentrators market held significant industry share.
Increasing proportion of elderly population along with increased occurrence of
respiratory disorders should drive industry growth. As per American Lung
Association, COPD is the third leading cause of death in the country. Presence of a
well-established industrial infrastructure in the country will further stimulate demand.
China oxygen cylinder and concentrators market is slated to witness robust growth
over the forecast period. The economic boom and drastic rise in GDP has resulted in
a surge in motorized vehicles as more number of individuals are now capable of
buying them. Moreover, the increased production output from steel and cement
industries and burning of coal in factories has worsened the quality of air and has
given rise to the problem of smog. Exposure to the increasing pollution and dust has
escalated incidence of various respiratory disorders in the region which will fuel
industry growth.
Prominent industry participants include Inogen, Tecno Gaz, Koninklijke Philips N.V.,
Cramer Decker, Air Liquide, Chart Industries, HERSILL, Catalina Cylinders, MeBer,
and Invacare. The industry players resort to various strategies such as partnerships,
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