Medical Oxygen Concentrators Market Size is Anticipated to Reach USD 4.8 Billion by 2026 at 4.8% CAG
The devices bring cost-effective and long-term oxygen to health care institutions, increasing demand for the medical oxygen concentrators business. The soaring number of patients worldwide who require extensive oxygen therapy, or LTOT, has further bolstered market growth. The surge in healthcare spending will also improve the medical oxygen concentrators? market value. Travelers? need for portable oxygen concentrators is also a driving influence in the medical oxygen concentrators market.
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