The global Medical Oxygen Concentrators Market is expected to increase at a CAGR of 5.90 percent, from $3,300.00 million in 2020 to $6,063.90 million in 2030.
An oxygen concentrator is a machine that gives patients oxygen therapy at much higher concentrations than ambient air and maintains their blood oxygen levels steady. Portable oxygen concentrators and stationary oxygen concentrators are the two types of oxygen concentrators.
The global medical oxygen concentrators market is predicted to reach US$ 1,834 million in 2021, growing at a CAGR of 9.0 percent over the forecast period (2021-2028).
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