Medical Oxygen Concentrators Market Trends, Competitive Landscape, Regional Forecast to 2030

Research Nester published a report titled “Medical Oxygen Concentrators Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global medical oxygen concentrators market in terms of market segmentation by technology, product, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global medical oxygen concentrators market is expected to garner a sizeable revenue by growing at a CAGR of ~6% throughout the forecast period, i.e., 2022 – 2030, owing to the surging prevalence of chronic obstructive pulmonary diseases (COPDs) and rising demand for miniaturized oxygen concentrators globally. Additionally, hike in sales and imports of oxygen concentrators as a result of COVID-19 pandemic is also expected to boost market growth in the near future.

The market is segmented by technology, product and end user. On the basis of end user, the homecare segment is anticipated to grab the largest market share during the forecast period accounting to the rising need for home healthcare-based oxygen therapies and high standards of living in developed economies. Furthermore, based on product, the portable segment is projected to grab the largest market share on the back of increasing occurrence of asthma, pneumonia and other respiratory disorders.

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Regionally, the medical oxygen concentrators market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. North America is anticipated to grab the largest market share during the forecast period ascribing to the implementation of initiatives authorizing use of portable oxygen concentrators in air travel and strong healthcare infrastructure in the region. Asia Pacific is projected to witness the highest market growth during the forecast period, which can be attributed to the large patient pool and increasing geriatric population in the region.

Growing Prevalence of COPDs to Drive Market Growth

The rapid rate of increase of elderly population around the world is giving rise to the occurrence of several respiratory diseases among these people, including chronic obstructive pulmonary diseases. In addition, coupled with growing trend of home healthcare, the market is anticipated to observe a skyrocketing demand for these medical products in the near future.

However, stringent regulatory framework associated with the manufacture of oxygen concentrators is expected to operate as key restraint to the growth of the medical oxygen concentrators market over the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global medical oxygen concentrators market which includes company profiling of Koninklijke Philips N.V., DeVilbiss Healthcare LLC, Invacare Corporation, AirSep Corporation, ResMed Corp., Inogen, Inc., Covidien plc, TEIJIN LIMITED, O2 CONCEPTS®, LLC, Inova Health System, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the medical oxygen concentrators market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

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Base Oil Market Analysis by Trends, Growth and Future Estimations Till 2029

Research Nester published a report titled “Global Base Oil Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global base oil market in terms of market segmentation by type, application, end-user industry, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global base oil market is estimated to attain a significant CAGR over the forecast period, i.e., 2021–2029. The market is segmented by type into group I, II, III, IV, and group V, out of which, the group II segment is projected to hold the major share during the forecast period. This share can be attributed to the high quality and lower prices of group II base oils, as compared to group III. On the basis of end-user industry, the market is segmented into automotive, aviation, manufacturing, construction, and others. Out of these, the automotive segment is anticipated to hold the largest share over the forecast period, on the back of the increasing need for engine oil for vehicles, backed by the growing production and sale of automobiles. In the year 2020, more than 65 million cars were sold worldwide, which is estimated to cross 70 million by the end of 2021.

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The market is estimated to grow on the back of rising demand for high-grade engine oil backed by the growing automotive sector. Moreover, the escalating investment in the oil & gas industry globally is anticipated to boost the market growth. The demand for lubricants, such as industrial grease, among the manufacturing and construction industry, is estimated to further boost the market growth.

On the basis of region, the global base oil market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period owing to the growing automotive industry in countries, such as, Japan, China, and India. Growing demand for cars and other vehicles, couples with the industrial expansion and economic development is expected to boost the market growth. The market in North America region is estimated to gain the largest market share over the forecast period, owing to the large crude oil reserve in the region. Canada is one of the biggest producers of crude oil, producing more than 4.5-million-barrel oil per day, as of 2019. Moreover, the growing automotive sector in the region is also estimated to boost the market growth.

Growing Demand for Engine Oil likely to boost the market growth

Engine oil is obtained from base oils, with 70 to 90 % base oil and 30 to 10 % chemical additives. The growing demand for engine oil in the rising automotive industry is estimated to promote the growth of the global base oil market.

However, rapidly depleting oil reserves, and fluctuating price of crude oil are expected to operate as key restraint to the growth of the market over the forecast period.

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About Us

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

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Alunite Market Strategies, Competitive Landscape, Trends & Factor Analysis 2027

According to a recently published report by Research Nester on “Global Alunite Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global alunite market in terms of market segmentation by end user industry, by product type and by region.

Alunite or Alum Stone is accessible in abundance in rock-forming sulfate mineral that take up spaces or layers in volcanic rocks such as rhyolites, trachytes, and andesites, where it is composed gradually through a chemical reaction with escaping sulfurous vapor from molten lava. It is found in varying colors including yellow, red, reddish brown and others. It was used as a source of potash (during World War I) and as a source of alumina (during World War II) for various applications. It is used extensively to make potash alum, which is used for treatment of water, aftershave treatment and has little known kitchen use. Owing to these factors, the global alunite market is anticipated to record a CAGR of 4.15% over the forecast period i.e. 2019-2027.

Furthermore, Alum has different household and industrial applications too, in day-to-daypurposes such as purification of drinking water has been possible with the use of potassium alum. In many places, potassium alum is preferred to treat water instead of water purifiers and filters.

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In pharmaceuticals, alunite derivatives have a significant role in developing a chemical named flocculation, which is used in the manufacturing of styptic pencil.

Based on regional analysis, the market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.Asia Pacific is expected to lead the global alunite market on the back of increasing industrializationin the field of pharmaceuticals and derivatives have an extensive use for water treatment in these regions. Further, Europe is anticipated to show significant growth on the back of growing consumption of personal care products in the region.

Wide Application across Industries- In FMCG and consumable items, alunite is used in the manufacturing of deodorants, and as a pickling agent to help keep pickles crisp. The property of alunite has also made it an essential raw material in the manufacturing of fire-retardant. In cosmetic business, alunite has found its involvement as an ingredient in production of depilatory waxes, skin bleaching agent and as an ingredient in some brands of dentifrice.

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About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact Us

AJ Daniel
Email: info@researchnester.com
U.S. Phone: [+1 646 586 9123]
U.K. Phone: [+44 203 608 591]

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Ventricular Assist Devices Market Growth Analysis and Opportunities Forecast to 2027

The report titled “Ventricular Assist Devices Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global ventricular assist devices market in terms of market segmentation by product type, by application, by age, by design and by region.    

The global ventricular assist devices market is segmented on the basis of product type, application, age, design and region. The product type is further segmented intoright ventricular assist device (RVAD), left ventricular assist device (LVAD), biventricular assist device (BIVAD), percutaneous ventricular assist device (PVAD) & total artificial heart, out of which, the left ventricular assist deviceis expected to lead the product type segment on account of enhancement in the number of people suffering from end stage heart failure. On the basis of application, the market is sub-segmented into destination therapy, bridge-to-transplant therapy, bridge-to-candidacy therapy & bridge-to-recovery therapy.Based on age, the market is divided into the age group of – below 18, 19-39, 40-59, 60-79 & above 80. The market is segmented by design into implantable ventricular assist device & transcutaneous ventricular assist device. The ventricular assist devices industries across the globe are focusing on effectively increasing the life expectancy of the patients suffering from cardiovascular diseases which is anticipated to be the major reasonbehind the growth of the marketin upcoming years.

The global ventricular assist devices market is anticipated to expand at a CAGR of around 11% during the forecast period i.e. 2019-2027. Increasing cases of heart failure coupled with rising incidence of people suffering from cardiovascular diseases are the major reasons thatare anticipated to drive the growth of the market. Additionally, rising technological advancements pertaining to ventricular assist devices and rise in the geriatric population are some of the factors which are expected to support the growth of the market over the forecast period.

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Geographically, theglobal ventricular assist devices market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa, out of which, North America is anticipated to have the largest market share on account of rising incidence of cardiovascular diseases, increasing technological advancements and growing popularity pertaining to ventricular assist devices across the region.

Europe is anticipated to be a lucrative region for the market on account of rising geriatric population coupled with increasing prevalence of heart failure around the Europe region. Further, the Asia Pacific region is anticipated to showcase a high market growth in the global ventricular assist devices market on the back of growing mortality rate due to increased prevalence of cardiovascular diseases in the region.

Increasing Incidence of Cardiovascular Diseases to Boost Market Growth

The rising incidence of cardiovascular diseases such as stroke and myocardial infraction among others are expected to boost the growth of the market. On the other hand, growing rate of the geriatric population having a higher susceptibility to cardiovascular diseases is anticipated to boost the market revenue over the forecast period.

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About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact Us

AJ Daniel
Email: info@researchnester.com
U.S. Phone: [+1 646 586 9123]
U.K. Phone: [+44 203 608 591]

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Trauma Fixation Devices and Equipment Market to Grow with a High CAGR During 2029

Research Nester released a report titled “Trauma Fixation Devices and Equipment Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global trauma fixation devices and equipment market in terms of market segmentation by product, end-user and region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The trauma fixation devices and equipment market is estimated to record a moderate CAGR during the forecast period, i.e., 2021-2029. The increasing prevalence of orthopedic diseases such as osteoporosis and rheumatoid arthritis, along with the rising geriatric population, are expected to fuel the market’s progress. The growth of the market can also be attributed to factors such as increasing road accidents, sports-related injury, and contributing to the market. According to the data collected from International Osteoporosis Foundation, globally, osteoporosis causes more than 8.9 million fractures annually.

The market is segmented by product into external fixators, internal fixators, and others, out of which the external fixator segment is anticipated to grab the most significant share by the end of 2021 on account of the rising incidence of bone-related injuries that needs alignment and support for appropriate fixation and growing technological advancements in such devices. Moreover, internal fixators are widely used due to their cost-effectiveness and anatomical compatibility, thereby boosting product demand and overall industry growth.

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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market of trauma fixation devices and equipment in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of leading healthcare service providers in the region. Additionally, the rising prevalence of orthopedic diseases, including osteoporosis and rheumatoid arthritis, also contributes to North America’s growth.

Increasing Prevalence of Orthopedic Diseases and Increasing Road Accidents to Drive the Market Growth

As per the National Osteoporosis Foundation, approximately 44 million Americans have low bone density and around 10 million Americans suffer from osteoporosis, thereby increasing regional growth.

Trauma fixation devices are equipment that expedites the bone healing process by restricting the movement of fractured bones, assisting in faster healing, and preventing improper bone recovery. Rising occurrences of road accidents, a high prevalence of degenerative bone diseases, and increasing cases of sports injuries worldwide, especially in developing nations, are slated to drive the trauma fixation devices and equipment market.

This report also provides the existing competitive scenario of some of the key players of the global trauma fixation devices and equipment market which includes company profiling of Medtronic PLC (NYSE: MDT), Smith & Nephew (LON: SN), Stryker Corporation (NYSE: SYK), Zimmer Biomet Holdings Inc. (NYSE: ZBH), and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global trauma fixation devices and equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

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Gyro Compass Market: Global Opportunity Analysis and Industry Forecast, 2024

The global gyro compass market is segmented into product type such as electronic gyro compass and mechanical gyro compass. Among these segments, electronic gyro compass segment is envisioned to grow at maximum pace over the forecast period. Further, rising installation of electronic gyrocompass in new watercrafts is likely to foster the growth of this segment in upcoming years. Apart from this, increasing sales of boat across the globe is also anticipated to enhance the market size of this segment over the forecast period.

Global gyro compass market is expected to thrive at a notable CAGR over the forecast period. Gyro compass has additional advantages over other compasses such as highly reliable in terms of navigation and no use of earth’s magnetic field for reference. Further, rising sales of new boats and large ships across the globe is anticipated to intensify the expansion of global gyro compass market during the forecast period.

The boat segment by application is likely to grow at remarkable pace during the forecast period. Additionally, increasing number of boats across the globe due to enhancements in water transport infrastructure is expected to foster the growth of boat segment in future.

Growing Shipbuilding Industry

Development of new ships and watercrafts is increasing across the globe. Further, countries are expanding their naval power and buying new watercrafts such as submarines and others. Apart from this, rising demand for watercrafts across the globe is expected to escalate the growth of market of gyro compass across the globe.

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Technological Advancements in Gyro Compass

Demand for gyro compass is anticipated to rise due to their high accuracy and other advantages including unaffected by external forces such as magnetic field and iron. Further, continuous advancements such as compact design, improved reliability are anticipated to drive the demand for gyro compass in near future.

However, dependency of electric gyro compass on electricity is likely to inhibit the growth of the gyro compass market in the near future.

The report titled “Gyro Compass Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global gyro compass market in terms of market segmentation by product type, by application and by region.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global gyro compass market which includes company profiling of Yokogava Denshikiki Co. Ltd., B & G Company, Tokyo Keiki, Raytheon Defense Contractor Co., NKE Marine Electronics, Furuno Electronics Company, Airmar Technology Corp., Maretron LLP, Spery Marine, and Tecnauntic. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global gyro compass market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

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About Research Nester:

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

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Irrigation Controllers Market Value & Volume, Key Driving Factors, Business Overview And Forecast To 2028

Research Nester released a report titled “Irrigation Controllers Market: Global Demand Analysis & Opportunity Outlook 2028″ which delivers detailed overview of the irrigation controllers market in terms of market segmentation by product, by type, by application, by irrigation and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Irrigation controllers are the devices that are remotely operable and sensor equipped to provide an effective solution to deliver water to the roots of the plants. Owing to its wide range of products and various applications and added advantages to farmers, the global irrigation controllers market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. Based on product, the market is segmented into basic controllers, smart controllers and tap timers, out of which, the highest share in the market is estimated to be held by smart controllers.

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This can be attributed to its remote operability, monitoring sensor systems and growing adoption towards technology in farming. The market is further segmented by application into irrigation and non-irrigation purposes. Among these segments, the irrigation segment was the largest revenue generating segment in 2019 owing to the need for effective irrigation solutions to improve the productivity and to tackle the problem of declining water table levels globally.

Geographically, the global irrigation controllers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, the market in North America is predicted to hold the leading share on account of presence of leading market players in the region which manufacture and market these controllers. Additionally, the need for improving agricultural productivity and government implemented awareness programs in countries like India and China are factors anticipated to drive the market growth in Asia-pacific region.

Declining Water Table Levels to Boost the Market Growth

The demand for irrigation controllers is high owing to the demand for higher levels of productivity in agriculture to tackle food shortages globally which are caused by the pandemic and natural calamities. Such factors are anticipated to significantly drive the market growth. However, high costs attributed to installation of irrigation controllers by debt-ridden farmers is estimated to hamper the market growth.

This report also provides the existing competitive scenario of some of the key players of the global irrigation controllers market which includes company profiling of Rain Bird Corporation, The Toro Company, HydroPoint Data Systems, Inc., Orbit Irrigation Products LLC., Lindsay Corporation, Delta-T Devices Ltd, RainMachine – Green Electronics LLC, Jain Irrigation, Inc. and Banyan Water, Inc.

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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global irrigation controllers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester:

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

Read More