UAE Oxygen Concentrators Market to grow with a CAGR of 8.68% through 2029
Increasing healthcare
infrastructure and a supportive regulatory environment are the major drivers
for the UAE Oxygen Concentrators Market.
According to TechSci Research
report, “UAE Oxygen Concentrators Market Industry Size, Share, Trends, Competition, Opportunity and
Forecast, 2019-2029”, UAE Oxygen Concentrators Market has
valued at USD 34.73 million in 2023 and is anticipated to witness an impressive
growth in the forecast period with a CAGR of 8.68% through 2029. This can be due to collaborations and
partnerships among leading companies with a diverse approach to merge the
expertise of individual companies and to strengthen their position in the
market.
The aging population is a significant factor
driving the demand for oxygen concentrators. As individuals age, there is
an increased likelihood of developing respiratory conditions such as chronic
obstructive pulmonary disease (COPD), pneumonia, and other lung diseases.
Oxygen concentrators are commonly used to manage these conditions and provide
respiratory support. Aging is associated with a natural decline in lung
function. The elderly population may experience reduced lung capacity and
efficiency, leading to a higher demand for supplemental oxygen to maintain
adequate oxygen levels in the bloodstream. The aging population often has a
higher prevalence of chronic diseases, such as cardiovascular diseases and
diabetes, which can contribute to respiratory complications. Oxygen therapy
becomes essential for managing the respiratory consequences of these chronic
conditions.
Older adults may be more
susceptible to hypoxemia, a condition characterized by low levels of oxygen in
the blood. Oxygen concentrators are instrumental in addressing hypoxemia and
preventing associated complications. Many elderly individuals require long-term
oxygen therapy (LTOT) to manage chronic respiratory conditions. Oxygen
concentrators are suitable for providing a continuous and stable supply of
oxygen, making them well-suited for LTOT.
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Oxygen
concentrators require a continuous and stable power supply. As energy costs
rise, manufacturers, distributors, and healthcare facilities may experience
increased operating expenses, potentially impacting overall production and
operational costs. The manufacturing process of oxygen concentrators involves
various energy-intensive stages, including the production of components,
assembly, and testing. Higher energy costs can contribute to increased
manufacturing expenses, potentially affecting the pricing of the devices. Rising
energy costs may lead to higher production expenses, which, in turn, can affect
the overall affordability of oxygen concentrators. If manufacturers pass on the
increased costs to consumers, it might impact the accessibility of these
essential medical devices. Energy costs are a factor in transportation and
logistics, influencing the expenses associated with the supply chain. Higher
energy costs can contribute to increased transportation costs for the delivery
of oxygen concentrators to distributors and end-users.
UAE Oxygen Concentrators
Market is segmented based on Type, Technology, Flowrate, Distribution Channel,
Offering, Application, End Users, and by Region
Based on the Technology,
UAE Oxygen Concentrators Market is segmented into Pulse Flow, Continuous Flow,
Continuous/Pulse. Pulse flow, also known as pulse dose or demand flow, is a
specific delivery method used in some types of oxygen concentrators. Unlike
continuous flow oxygen concentrators that provide a constant stream of oxygen,
pulse flow delivers oxygen in intermittent pulses or bursts. This delivery
method is designed to match the patient's inhalation patterns, optimizing the
efficiency of oxygen use. In pulse flow oxygen
concentrators, a sensing mechanism detects when the patient begins to inhale.
This trigger mechanism is often linked to the nasal cannula or mask worn by the
patient. When the concentrator senses the start of inhalation, it releases a
pulse or burst of oxygen. This pulse is synchronized with the patient's
breathing cycle. The delivered pulse of oxygen corresponds to the patient's
inhalation, ensuring that oxygen is supplied precisely when needed. During
exhalation, the concentrator pauses, conserving oxygen and reducing unnecessary
oxygen wastage.
In 2023, the UAE Oxygen
Concentrators Market largest share was held by Hospitals & Clinics segment
in the forecast period and is predicted to continue expanding over the coming
years. Hospitals and clinics have medical
professionals who can provide proper guidance on the use of oxygen
concentrators. Patients often feel more confident using medical devices under
the supervision of healthcare professionals, and this contributes to a higher
adoption of oxygen concentrators in healthcare settings. Hospitals deal with a
wide range of medical conditions, including acute respiratory illnesses that
require immediate and intensive care. Oxygen concentrators are essential in
providing respiratory support to patients with conditions like pneumonia,
asthma exacerbations, and chronic obstructive pulmonary disease (COPD).
Inpatient settings within hospitals often require a continuous and reliable
supply of medical oxygen. Oxygen concentrators are convenient for use within
hospital premises, ensuring that patients receive the necessary respiratory
support during their stay. Hospitals need to be well-equipped for emergency
situations, and having a significant share in the oxygen concentrators market
allows them to be prepared for patients with respiratory emergencies,
especially during times of increased demand such as the COVID-19 pandemic.
Certain hospital departments, such as intensive care units (ICUs) and
respiratory care units, heavily rely on oxygen concentrators to manage
critically ill patients. These specialized units contribute significantly to
the overall demand for oxygen concentrators in hospital settings.
Some of the major companies
operating in the UAE Oxygen Concentrators Market include:
- Philips Healthcare Middle East
- Atlas Medical LLC
- Invacare Corp (UAE)
- GCE Group (UAE)
- Drive DeVilbiss Healthcare
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“The
UAE Oxygen Concentrators Market is witnessing significant growth driven by
rising respiratory disorders and an aging population. Demand for portable and
efficient concentrators is on the rise, spurred by technological advancements
and the convenience they offer for homecare. An increasing focus on healthcare
infrastructure development and the prevalence of COVID-19 have also bolstered
market expansion. The market is witnessing a trend towards lightweight and
user-friendly designs, catering to a more mobile lifestyle. Furthermore,
government initiatives promoting accessibility to healthcare equipment and a
surge in healthcare spending are propelling market growth. With these trends,
the UAE Oxygen Concentrators Market is poised for continued advancement and
innovation.," said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based Global management consulting firm.
UAE Oxygen Concentrators
Market by Type (Portable, Stationary), By Technology (Pulse Flow, Continuous
Flow, Continuous/Pulse), By Flow-rate (0-51/min, 5-101/min, Above 101/min), By
Distribution Channel (Wholesalers/Distributors/Suppliers, Online, Direct
Sales), By Offering (Rental, New Sales), By Application (COPD, Lung Cancer,
Asthma, COVID-19, Others), By End Users (Hospitals & Clinics, Ambulatory
Care Centers, Home Care), By Region, By Competition Forecast & Opportunities, 2019-2029F has evaluated the future growth potential of UAE
Oxygen Concentrators Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide innovative
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in UAE Oxygen Concentrators
Market.
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