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- Demand from expanding geriatric population with chronic respiratory conditions to improve quality of life fuels growth.
- Focus of product manufacturers leading to the development of portable oxygen concentrators for toddlers, infants opens new revenue streams.
ALBANY, N.Y., April 29, 2021 /PRNewswire/ --
The current crisis of unavailability of oxygen cylinders in the second wave of COVID-19 in countries such as India has created massive demand for portable oxygen concentrators. The dearth of hospital-grade oxygen due to the vast surge in critically ill COVID-19 patients that require oxygen has led to enormous demand for alternate source portable oxygen concentrators.
In its simplest form, an oxygen concentrator is a medical device that collects oxygen from the ambient air. The oxygen concentrator takes in the ambient air, filters it sieve through a sieve, discharges the high concentration of nitrogen back into the air, and utilizes the remaining oxygen.