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The demand for lighter technology by consumers and need for better mobility support for the aged rises , new competitors enter the market thereby driving innovations . This has resulted in high-quality devices at lower prices . The global oxygen concentrator market is segmented by types , application and geography . On the basis of types , the global oxygen concentrator market is segmented into portable oxygen concentrator , stationary oxygen concentrator and so on .
On the basis of application , the global oxygen concentrator market is segmented into medical , water treatment , pharmaceutical production , glass manufacture and so on . On the basis of geography , the global oxygen concentrator market is segmented into North America , Europe , Asia Pacific , Latin America and Middle East & Africa . Asia Pacific Excluding Japan oxygen concentrators market is projected to register a significant CAGR during the forecast period . Improving economic conditions is fuelling the growth of the global oxygen concentrators market in Asia Pacific .
The U . S . accounts for the largest share of the global oxygen concentrator market followed by Europe , due to growing consumer awareness rising incidences of COPD and demographic changes . COPD is known to be the fourth leading cause of death in the U . S . and the number has been dangerously rising , increasing the use of respiratory care devices . The change in lifestyle across the globe has led to an alarming rise in smoking population which has also fuelled the growth of the oxygen concentrator market .
The key players of global oxygen concentrator market are Braun and Company , Air Liquide , CareFusion , Chart Industries , Covidien , DeVilbiss Healthcare , Drive Medical , Fanem , Fisher & Paykel Healthcare , Bio-Med Devices , Invacare Philips Healthcare , Jiangxi Teli Anesthesia , Respiration Equipment , Newport Medical Instruments Inc ., Respironics , Providence Global Medical , Percussionaire Corporation , Vortran Medical Technology , Intersurgical Ltd ., Smiths Medical WinterGreen Research Inc ., Eget Hi-Tec Co . Ltd ., Race Medical and Beauty Equipments and Maquet .
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