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2016 Forecast: Portable Oxygen Concentrators Market Size, Shares, Strategies, Trends, and Growth 2021

Portable Oxygen Concentrator Market 2016 size at $744 million is Projected to grow $2.2 billion by 2021

 

Deerfield Beach, FL -- (SBWIRE) -- 05/18/2016 -- Portable oxygen concentrators are approved by the FAA for use on airlines. People on oxygen wish to continue usual activities. Distributors are concentrated on termining which portable oxygen concentrator allows the freedom to continue a meaningful lifestyle. There are two types of oxygen delivery systems providing upplemental oxygen therapy; continuous flow (Respironics SimplyGo, SeQual Eclipes,) and pulse dose (Inogen One G3, AirSep Freestyle, Invacare XPO2,).

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A pulse dose system is the most commonly used portable oxygen concentrator. because of its light weight and long battery life, some lasting up to 8 hours on a single battery charge. Some oxygen users require continuous flow oxygen due to their diagnosis or illness progress. Continuous flow is required by any oxygen user who is titrating oxygen into their CPAP or BiPAP therapy.

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.

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Table Of Content

Portable Oxygen Concentrator Market Shares and Forecasts 30
Portable Oxygen Concentrator 30
Home Oxygen Market, Moves to Portable Concentrators 31
Portable Oxygen Concentrator Home Medical Market Driving Forces 33
Change in Home Oxygen Market 35
Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 36
Homecare Services Model Replaces Distribution Model 36
Portable Oxygen Concentrators (POCs) Market Driving Forces 38
Portable Oxygen Concentrator Market Shares 39
Portable Oxygen Concentrators 39
Portable Oxygen Concentrator Market Forecasts 42

1. Portable Oxygen Concentrator Market Description and Market Dynamics 45
1.1 Homecare Market Growth Factors 45
1.2 Oxygen Concentrator Uses 47
1.2.1 Portable Oxygen Concentrator Functions 48
1.2.2 Separation Of Oxygen From Air 49
1.2.3 Technical Trade-Offs Necessary To Design A Portable Oxygen Concentrator (POC) 49
1.3 Oxygen Concentrator Insurance Coverage 50
1.3.1 Oxygen Concentrator CMS HCPCS Code 53
1.3.2 Medicare Reimbursement 53
1.4 The Goal of Oxygen Therapy 53
1.4.1 How To Change The Amount of Oxygen In The Air We Breathe 54
1.4.2 Oxygen Concentrator Components 55
1.4.3 Lifestyle in the Home Health Care Business 57
1.4.4 Portable Oxygen Concentrator Airline Travel 57
1.4.5 Portable Oxygen Concentrator Pulse Mode 59
1.4.6 Continuous Flow Portable Oxygen Concentrator 59
1.5 Types of Oxygen Systems 60
1.5.1 Treatment Trends. 61
1.5.2 Technological Trends. 61
1.5.3 Health Care Cost Containment Trends. 62
1.5.4 Society's Mainstreaming of People with Disabilities. 62
1.5.5 Distribution Channels 62
1.5.6 Oxygen Therapy Systems 63
1.6 Oxygen Concentrator Applicable Population 64
1.7 Home Oxygen Concentrator Equipment Medicare Reimbursement 64
1.7.1 Home Medical Equipment Market 65
1.7.2 Home Health Care 66
1.7.3 Third-party reimbursement 66
1.7.4 Portable Oxygen Patients Need Stationary Oxygen Concentrator's at Night 67
1.8 Treatment Trends 68
1.8.1 Competition Forms Basis Of U.S. Medical Care Services Delivery 68
1.9 European Homecare Market Trends 70
1.10 Marketing Globally 70
1.11 Market Drivers For Healthcare Cost Containment 73

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