Global Oxygen Cylinder and Concentrator Market Predicted to Gather $6,706.7 Million by 2028, Growing at CAGR of 5.1% from 2021 to 2028 [176-Pages] | Issued by Research Dive
Retrieved on:
Wednesday, August 17, 2022
TOC, 2017 Gorakhpur hospital deaths, Center for Urban and Regional Analysis, Oxygen, Medication, Asthma, NEW, Growth, Gas, Incidence, Chronic obstructive pulmonary disease, Patient, Table, COVID-19, Mark (given name), Portable, COPD, Accident, CAGR, Infection, Respiratory system, Chronic Respiratory Disease, Aerospace, Health care, Health insurance, Poultry, Propane
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Oxygen Cylinder and Concentrator Market by Product (Portable and Fixed), End-user (Healthcare, Pharmaceutical & biotechnology, Manufacturing, and Aerospace & automotive), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2028".
Key Points:
- As per the report, the global oxygen cylinder and concentrator market is predicted to grow at a noteworthy CAGR of 5.1% in the 2021-2028 timeframe, thereby gathering $6,706.7 million by 2028.
- This surge in the number of cases of respiratory ailments is expected to push the oxygen cylinder and concentrator market forward.
- Restraints:However, the high investment cost is expected to hamper the growth of the oxygen cylinder and concentrator market.
- By regional analysis, the oxygen cylinder and concentrator market in the Asia-Pacific region is expected to be the most lucrative and gather $1,985.2 million by 2028.