A recent research study by MarkNtel Advisors, a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals, cited that the South America Oxygen Concentrators Market is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2023-28 The report methodically analyses several aspects that have influenced the market dynamics in the past few years.
Apart from this, the probable factors, based on primary secondary research, which shall shape the South America Oxygen Concentrators Market landscape in the future have also been included in the study to make stakeholders well-versed with the industry and help them stay ahead of their competitors. Moreover, to ensure that the analysis is accurate precise, our analysts deeply examine the recent market patterns as well as historical milestones to project lucrative prospects while facilitating exponential growth for businesses.
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Market Drivers: Increasing ICU Admissions Followed by Alarmingly Changing Climatic Conditions
The rising incidence of extreme weather events, including heat waves, droughts, and floods, has resulted in respiratory problems, heat stress, and injuries, leading to a greater demand for critical care. For example, a drought in Chile in 2021 resulted in a major outbreak of dengue fever, and similarly, a flood in Colombia in 2022 caused widespread damage and a surge in injuries, necessitating more ICU admissions. This has led to increased number of ICU beds, demanding adequate oxygen concentrators across the region. For instance, Brazil had approximately 43,000 ICU beds before the COVID-19 pandemic, with 21,000 in the public health system and 22,000 in the private health sector in 2018. These numbers changed in 2022 since the pandemic created 20,000 new ICU beds.
Key Offerings from the South America Oxygen Concentrators Market Research Report:
- Estimated CAGR of the South America Oxygen Concentrators Marketduring 2023-28.
- Detailed insights into factors expected to drive and challenge the growth of the South America Oxygen Concentrators Marketin the coming years
- Precise estimation of the size of the South America Oxygen Concentrators Market
- Accurate predictions about upcoming trends in the South America Oxygen Concentrators Marketand changes in consumer behavior
- Growth of the South America Oxygen Concentrators Marketacross different regions
- An in-depth analysis of the South America Oxygen Concentrators Market’s competitive dynamics and detailed information about key vendors
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Competitive Benchmarking in the South America Oxygen Concentrators Market
The prominent players profiled in the South America Oxygen Concentrators Market are
Dragerwerk AG Co. KGaA
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-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Teijin Limited
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
DeVilbiss Healthcare LLC
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
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GCE Healthcare
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
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-Others
O2 Concepts, LLC
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Each company operating in this industry is vetted based on their products’ values, abilities, and other significant characteristics. The study also covers numerous mergers acquisitions, along with the recent products launched by these players, to familiarize the stakeholders with the most recent market trends.
How has the South America Oxygen Concentrators Market been segmented?
The report comprehensively analyses each high-performing segment, elucidating the factors contributing to their success and larger market share. It examines their significant impact on the South America Oxygen Concentrators Market regarding sales, expansion, job opportunities, and other crucial factors. Categorizing the components as follows:
By Product Type
-Portable - Market Size Forecast 2018-2028, (USD Million)
-Fixed- Market Size Forecast 2018-2028, (USD Million)
By Technology
-Continuous Flow - Market Size Forecast 2018-2028, (USD Million)
-Pulse Flow- Market Size Forecast 2018-2028, (USD Million)
By End User
-Hospitals - Market Size Forecast 2018-2028, (USD Million)
-Home Healthcare - Market Size Forecast 2018-2028, (USD Million)
-Ambulatory Surgical Centers Physician Offices- Market Size Forecast 2018-2028, (USD Million)
By Country
-Brazil
-Argentina
-Chile
-Columbia
-Rest of South America
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Key Questions Answered in South America Oxygen Concentrators Market Report:
- What are the growth projections for the South America Oxygen Concentrators Market during 2023-28?
- What are the different patterns, obstacles, trends will affect the growth and scope of the South America Oxygen Concentrators Market?
- What are the critical opportunities for each segment sub-segment enlisted in the South America Oxygen Concentrators Market research report?
- What are the primary growth tactics used by the leading participants operating in the South America Oxygen Concentrators Market?
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