Worldwide Stationary Oxygen Concentrators Market are anticipated to reach $2 billion by 2015 - 2021: Shares, Strategy
The 2015 study has 464 pages, 187 tables and figures. 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.
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.
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There has been a quantum improvement in the home based stationary oxygen concentrator technology. Less weight, more power are the characteristics of the new stationary units. 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. Portable oxygen must be supplemented with standard large, bulky, and inefficient, heavy, and impractical stationary devices because the stationary devices provide a more stable source of oxygen during sleep.
According to Susan Eustis, lead author of the team that wrote the study, “This transformation from stationary to portable devices presents an opportunity for people who make oxygen equipment. Economies of scale and a new distribution modality leveraging homecare services are set to change the medical oxygen industry. Home delivery markets tend to be shrinking. Users of stationary oxygen systems generally still need a stationary unit for night, but service needed is limited.”
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Table of Content
Stationary Oxygen Concentrator Executive Summary 30
Stationary Oxygen Concentrator 30
Home Oxygen Market, Continues to Use Stationary Concentrators 31
Stationary 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 37
Decisions About Use Of Continuous Or Pulsed Oxygen 37
Research on Oxygen Concentrators 39
Stationary Oxygen Concentrators Market Driving Forces 40
Stationary Oxygen Concentrator Market Shares 41
Stationary Oxygen Concentrators 42
Stationary Oxygen Concentrator Market Forecasts 43
1. Stationary Oxygen Concentrator Market Description and Market Dynamics 46
1.1 CMS Oxygen and Oxygen-Related Equipment 46
1.1.1 CMS Oxygen Reimbursement Definitions 46
1.1.2 CMS Qualifying Arterial Blood Gas Studies 48
1.1.3 CMS Home Sleep Oximetry Studies 49
1.1.4 Home Oxygen Concentrator Equipment Medicare Reimbursement 52
1.1.5 Home Medical Equipment Market 52
1.1.6 Home Health Care 53
1.1.7 Third-party reimbursement 54
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