Oxygen Concentrator Market Opportunities, Market Forecasts, and

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Oxygen Concentrator Market Opportunities, Market Forecasts, and Market Strategies, 2006-2012

Wintergreen Research
Market Briefing May 2006

Table of Contents

Homecare is poised to grow based on the creation of new services efficiencies for the healthcare industry. Systems automate care delivery, permitting remote tracking from central locations to the bedside, eliminating unnecessary visits to the home. Patients and family gain more control over the care delivery. Care can be delivered in familiar settings.

The oxygen concentrator market participants offer a wide range of products, services, training, and support, whose purpose is to make it easier and more enjoyable for people needing homecare to take advantage of the convenience delivered by oxygen concentrators. Reimbursement drives markets.

While 5 Liter units grow somewhat just modestly slower than the 10 Liter. 10 liter units are used to treat sicker people. As sicker people live longer these larger units are needed to improve the oxygen care delivered. The 5 Liter units account for the majority of the units and total dollars.

Market growth of oxygen concentrator markets is a result of people living longer, new technology that makes units more easily portable, more technology that permits filling portable oxygen tanks from the oxygen concentrator, and the convenience of being able to move around. Exercise is proven to be very good for people.

Worldwide oxygen concentrator markets at $164 million in 2005 are anticipated to reach $349 billion by 2012. Growth is spurred by increasing trends toward homecare and the desire for lifestyle by older people who may have some illness. Smoking and air pollution are the biggest causes of respiratory disease.

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