San Francisco, California, Nov. 19, 2014 (GLOBE NEWSWIRE) -- 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.
There has been a quantum improvement in the portable oxygen concentrator technology. Less weight, more power are the characteristics of the new portable units that begin to rival the larger home units. The huge jump in technology is illustrated by the effectiveness of the Inogen G3 and the about to be released VBox Trooper. Innovation started with Inogen One G3 and AirSep's LifeStyle are the less-than-10-pound battery-operated concentrator. AirSep has re-engineered the unit down to a 2 pound device.
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Newer portable oxygen concentrators can be used as multipurpose devices.
Portable oxygen concentrator technology has been instantiated many times over, but in a most compelling manner by Inogen as the Inogen oxygen concentrator which represents a technological breakthrough. The Inogen One G3 is a complete departure from current mainstream technologies. It represents a shift away from standard large, bulky, stationary concentrator systems and inefficient, heavy, and impractical portable devices.
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- Philips Respironics
- Chart / Caire / SeQual
- Scitech Devilbiss
- O2Concepts Oxlife
Some Key Points Covered:
- Oxygen Concentrator
- Portable Oxygen Concentrators
- Home Oxygen
- Home Medical Equipment
- Oxygen Therapy
- Managed Care
- Non-Acute Health Care
- Unified Supply Network
- Portable Pulsed Delivery Oxygen
- Portable Continuous Pressure Oxygen
- Portable Pulsed Oxygen
- Patients on Oxygen
- Home Oxygen Reimbursement
- Homefill Oxygen Concentrator
- Portable Oxygen Concentrators Market Share
- Portable Oxygen Concentrators Market Forecasts
Oxygen concentrator markets at $242.5 million in 2012 are anticipated to reach $1.9 billion dollars by 2019. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for greater mobility support for older people.
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