Chinese Oxygen Equipment: Market Shares, Strategies, and Forecasts, Worldwide, 2017 to 2023
- Key Topics
- Chinese Oxygen Concentrators
- Bottled Oxygen in China
- Recreational Oxygen
- Portable Oxygen
- Home Oxygen Equipment
- Consumer Oxygen
- Sports Club Oxygen
- Managed Exercise Care
- Non Medical Health Care
YOU MUST HAVE THIS STUDY
LEXINGTON, Massachusetts (September 20, 2017) – WinterGreen Research announces that it has published a new study Chinese Oxygen Concentrators: Market Shares, Strategy, and Forecasts, Worldwide, 2017 to 2023. The 2017 study has 343 pages, 147 tables and figures. Chinese markets are poised to achieve continuing growth as the air pollution in China and aging population needs portable and homecare oxygen treatment.
Recreational oxygen and medical oxygen are sold in China and Chinese vendors are seeking to enter worldwide markets. The professional athletes in China use recreational oxygen. Amazon sells portable oxygen concentrators and oxygen bars. Sports club members are expected to widely adopt use of recreational oxygen. Oxygen bars are commonly used by singers and movie stars to improve the vocal cord quality and skin tone. All these uses of oxygen are anticipated to grow in China. The O2 is the same in recreational oxygen as it is in the medical oxygen, the chemical composition is the same. But medical oxygen is delivered under a prescription and used as a medicine, recreational oxygen is used to improve athletic endurance and improve brain functioning.
Older people use supplemental oxygen as they develop dementia and other conditions. Oxygen use by these people is able to improve the quality of the life in a dramatic manner. Portable oxygen devices have become affordable and support a mobile lifestyle that is extended to a broader set of people by use of recreational oxygen selectively, continuing to drive sales of recreational oxygen and oxygen bar concentrator air filtration units.
According to Susan Eustis, lead author of the team that wrote the study, “An oxygen concentrator system is commonly used to manufacture oxygen in higher concentrations than is found in atmospheric air. As more oxygen concentrators are sold into China, economies of scale will bring prices down, building a much larger consumer oxygen market. Because of the ability to provide continuous oxygen the oxygen concentrator units are useful to sicker people and to all patients needing oxygen at night. Major factors driving the market for oxygen concentrators include its ability to provide oxygen under all circumstances. The Chinese and worldwide aging population is a market factor. An increase in the number of people with COPD and other respiratory diseases.”
China Oxygen Concentrator Market Forecasts
Home oxygen therapy has spread rapidly in China with the increase in asthma from air pollution. Health insurance has begun covering oxygen treatments. Oxygen concentrator markets in China and for Chinese vendors worldwide at $178 million in 2016 are set to become a $2.5 billion market in 2023. Steady intense growth is anticipated because of air pollution in China. The deleterious effects of noxious chemicals and toxins in the air are harming people as they go about their daily life.
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- Chart / AirSep / Sequal
- Taobao Turtle
- Sunny Medical
- Gaoxin Huakuang
- Haiyang Zhijia
- Boost Oxygen
- Chart Industries
- Chart Industries
- Drive Medical / DeVilbiss Healthcare
- Foshan Keyhub Electronic Industries Co., Ltd.
- Jiuxin Medical
- Leistung Engineering
- Live O2 Oxygen
- Longfian Scitech
- Oxygen Plus
- Philips Healthcare / Respironics
- POD Oxygen
- Weyergans High Care AG
- Zadro Health Solutions
- Zorvo Portable O2 Generator
- 2nd Wind Distributors
This is the 711th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the Company
WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.
About the Principal Authors
Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.
Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.