(I-BusinessNews.Com, March 05, 2016 ) The 2015 study has 464 pages, 187 tables and figures. 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.
Stationary oxygen concentrators are needed for night use by patients on portable oxygen concentrators during the day. People on oxygen wish to continue usual activities, the portable devices are useful for that during the day. Distributors are concentrated on determining which stationary oxygen concentrator supports patient lifestyle.
Major factors driving the market for Stationary oxygen concentrators include its ability to provide oxygen under all circumstances. The worldwide aging population. An increase in the number of people with COPD and other respiratory diseases. Advantages of newer stationary oxygen concentrator devices are that they weigh less, are somewhat quieter than toe older units, and are easy to use. They are generally affordable but reimbursement drives markets.
There has been a quantum improvement in the home based stationary oxygen concentrator technology. Less weight, more power are the characteristics of the new stationary units. The huge jump in technology is illustrated by the effectiveness of the devices in providing improved patient lifestyle.
Stationary concentrator systems are always used by a patient to supplement portable oxygen concentrators. Portable oxygen must be supplemented with standard large, bulky, and inefficient, heavy, and impractical stationary devices because the stationary devices provide a more stable source of oxygen during sleep.
According to Susan Eustis, lead author of the team that wrote the study, “This transformation from stationary to portable devices presents an opportunity for people who make oxygen equipment. Economies of scale and a new distribution modality leveraging homecare services are set to change the medical oxygen industry. Home delivery markets tend to be shrinking. Users of stationary oxygen systems generally still need a stationary unit for night, but service needed is limited.”
Home oxygen therapy (HOT), is administration at home of highly concentrated oxygen produced using a therapeutic oxygen concentrator as an ongoing therapy for patients with chronic respiratory ailments. Home oxygen therapy has spread rapidly since health insurance began covering these treatments in 1985. Stationary oxygen concentrator markets at $669.5 million market in 2014 are set to become a $2.0 billion market in 2021. Steady growth is anticipated because the portable units will still need a stationary unit for sleeping throughout the forecast period.
The move from a primary delivery distribution sales model with a cost structure that accounts for truck rolls to a portable device market has brought havoc to the industry, permitting the evolution of a direct sales system. This has brought dramatic changes to the industry. For vendors that have relied on the distribution network and financing the distribution network, their hold on the market has shifted.
Oxygen concentrator markets at $669.5 million in 2014 are anticipated to reach $2 billion dollars by 2021. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for stationary devices at home even as portable devices provide greater mobility support for older people.
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Air Liquide Braun and Company CareFusion / Intermed Equipment Chart Industries CAIRE / SeQual Technologies Covidien DeVilbiss Healthcare Dräger Drive Medical Fanem Fisher & Paykel Healthcare Gardner Denver / Thomas Compressors GE Healthcare Getinge Group AB / Maquet Graham Field Hamilton Medical Heinen & Loewenstein GmbH & Co Inogen Inova Labs Jiuxin Medical Leistung Engineering Longfian Scitech Merits Nidek Medical O2 Concepts OSI Systems ResMed Teijin Drive O2Concepts Oxlife Smiths Group plc / Smiths Medical Teleflex Incorporated / Teleflex Medical Terumo UltraNebs VBox Trooper Vitality Medical Vygon
Oxygen Concentrator Stationary Oxygen Concentrators Medical Oxygen Portable Oxygen Concentrators Homecare Home Oxygen Home Medical Equipment Oxygen Therapy Managed Care Non-Acute Health Care Unified Supply Network Continuous Pressure Oxygen Portable Pulsed Oxygen Patients on Oxygen Home Oxygen Reimbursement Homefill Oxygen Concentrator Portable Oxygen Concentrators Market Share Portable Oxygen Concentrators
Stationary Oxygen Concentrator Executive Summary 30 Stationary Oxygen Concentrator 30 Home Oxygen Market, Continues to Use Stationary Concentrators 31 Stationary Oxygen Concentrator Home Medical Market Driving Forces 33 Change in Home Oxygen Market 35 Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 36 Homecare Services Model Replaces Distribution Model 37 Decisions About Use Of Continuous Or Pulsed Oxygen 37 Research on Oxygen Concentrators 39 Stationary Oxygen Concentrators Market Driving Forces 40 Stationary Oxygen Concentrator Market Shares 41 Stationary Oxygen Concentrators 42 Stationary Oxygen Concentrator Market Forecasts 43
1. Stationary Oxygen Concentrator Market Description and Market Dynamics 46 1.1 CMS Oxygen and Oxygen-Related Equipment 46 1.1.1 CMS Oxygen Reimbursement Definitions 46 1.1.2 CMS Qualifying Arterial Blood Gas Studies 48 1.1.3 CMS Home Sleep Oximetry Studies 49 1.1.4 Home Oxygen Concentrator Equipment Medicare Reimbursement 52 1.1.5 Home Medical Equipment Market 52 1.1.6 Home Health Care 53 1.1.7 Third-party reimbursement 54 1.2 Homecare Market Growth Factors 55 1.2.1 Growth In Population Over Age 65 57 1.3 Oxygen Concentrator Uses 57 1.3.1 Stationary Oxygen Concentrator Functions 58 1.3.2 Separation Of Oxygen From Air 59 1.3.3 Technical Trade-Offs Necessary To Design An Oxygen Concentrator 59 1.4 Oxygen Concentrator Insurance Coverage 60 1.4.1 Oxygen Concentrator CMS HCPCS Code 63 1.4.2 Medicare Reimbursement 63 1.5 The Goal of Oxygen Therapy 64 1.5.1 How To Change The Amount of Oxygen In The Air We Breathe 64 1.5.2 Oxygen Concentrator Components 66 1.5.3 Lifestyle in the Home Health Care Business 68 1.5.4 Stationary Oxygen Concentrator Pulse Mode 68 1.5.5 Continuous Flow Stationary Oxygen Concentrator 68 1.6 Types of Oxygen Systems 69 1.6.1 Treatment Trends. 70 1.6.2 Technological Trends. 71 1.6.3 Health Care Cost Containment Trends 71 1.6.4 Society’s Mainstreaming of People with Disabilities. 72 1.7 Distribution Channels 72 1.7.1 Oxygen Therapy Systems 72 1.8 Oxygen Concentrator Applicable Population 73 1.8.1 Potable Oxygen Concentrator Patients Need Stationary Oxygen Concentrators at Night 74 1.9 Treatment Trends 75 1.9.1 Competition Forms Basis Of U.S. Medical Care Services Delivery 75 1.10 European Homecare Market Trends 76 1.11 Marketing Globally 77 1.12 Market Drivers For Healthcare Cost Containment 79
2 Stationary Oxygen Concentrator Market Shares and Forecasts 82 2.1 Stationary Oxygen Concentrator 82 2.1.1 Home Oxygen Market, Continues to Use Stationary Concentrators 83 2.1.2 Stationary Oxygen Concentrator Home Medical Market Driving Forces 85 2.1.3 Change in Home Oxygen Market 87 2.1.4 Pressure To Reduce Costs As Part Of the Deficit Reduction Act (DRA) 88 2.1.5 Homecare Services Model Replaces Distribution Model 89 2.1.6 Decisions About Use Of Continuous Or Pulsed Oxygen 89 2.1.7 Research on Oxygen Concentrators 91 2.1.8 Stationary Oxygen Concentrators Market Driving Forces 92 2.2 Stationary Oxygen Concentrator Market Shares 93 2.2.1 Stationary Oxygen Concentrators 93 2.2.2 Stationary Oxygen Concentrator Market Shares, Units and Dollars 96 2.2.3 Stationary Oxygen Concentrators Coded by Medicare 97 2.2.4 Invacare Perfecto 2 5 Liter Home Concentrator 97 2.2.5 Invacare Platinum 10 Oxygen Concentrator 98 2.2.6 Philips stationary oxygen concentrators 98 2.2.7 Philips Respironics EverFlo Q Stationary Oxygen Concentrator 98 2.2.8 Philips Respironics Millennium 10 LPM Concentrator 98 2.2.9 AirSep VisionAire 5 Stationary Oxygen Concentrator 99 2.2.10 AirSep NewLife Elite 99 2.2.11 Chart / AirSep 99 2.2.12 Chart Industries / SeQual 100 2.2.13 Chart Industries / CAIRE 100 2.3 Stationary Oxygen Concentrator Market Forecasts 100 2.3.1 Stationary Oxygen Concentrator Shipment Market Forecasts, Units and Dollars, and Installed Base Analysis 104 2.3.1 Oxygen Concentrator Installed Base Analysis 105 2.3.2 Portable Oxygen Concentrator Market Shipments Forecasts 109 2.3.3 Homecare Is Poised To Grow 111 2.3.4 Unified Supply Network 111 2.3.5 Telemedicine Being Integrated Into Homecare 112 2.3.6 Competitive Bidding Program Cuts Reimbursement 114 2.3.7 Reimbursement Shifts 115 2.4 Respiratory Disease Market Metrics 116 2.4.1 Percentage of Older People by State. 119 2.4.2 Medical Conditions Requiring Supplemental Oxygen 123 2.5 Stationary Oxygen Concentrator Prices 125 2.6 Oxygen Concentrator Regional Market Analysis 139 2.6.1 Oxygen Concentrator Regional Market Forecasts 140 2.6.2 North American Home Medical Equipment 142 2.6.3 United States 143 2.6.4 Japan 144 2.6.5 Teijin Pharma Home Healthcare Oxygen Concentrators In Japan 149 2.6.6 Longfian Scitech Targets China, Africa, Russia, and the Arab Countries 151 2.6.7 China 151 2.6.8 Chinese Built Units Used Widely In Homecare, Hospitals, Clinics, Beauty Salons And In Sports152 2.6.9 Invacare Geographically Diverse 153 2.6.10 Nidek Global Presence 154 2.6.11 Gardner Denver Global Presence 155 2.6.12 Chart Industries Global Presence 157 2.6.13 European Homecare Market 158 2.6.14 Germany 161 2.6.15 France Oxygen Concentrators 161 2.6.16 Philips Global Market Position 162 2.6.17 Chart 167
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