Malaysia oxygen concentrators market is expected to show a robust growth with an impressive CAGR in the upcoming five years of forecast, 2023-2027. The market growth can be attributed to rising number of infectious diseases, and surge in the number of patients suffering from respiratory failure. Moreover, the last couple of years saw a pandemic condition worldwide. COVID-19 virus starting from the Wuhan City, China. The virus spread has been severe and has claimed thousands of lives in the country already, but the number of infected patients is still rising. The treatment involves the use of oxygen concentrators and thus the surge in the demand has increased in the last five years. Also, due to degrading environmental health, population is breathing contaminated and toxic air. This is causing many lung disorders, heart related issues and respiratory failures. All these factors are expected to support the growth of the Malaysia oxygen concentrators market positively in the upcoming five years. Oxygen concentrator is a device that is used to supply oxygen to the patients suffering from respiratory disorders that causes the patient to not be able to consume oxygen on their own. So that, oxygen concentrators are a tank of liquid oxygen that has a pump that converts the liquid form of the oxygen into gaseous form and is implanted to the patient to inhale the oxygen. The concentrator aids the supply of the oxygen for the patients who have logging in their trachea, bronchus and lungs. Furthermore, government aid toward the reimbursement to the patients and the hospitals and clinics providing the oxygen concentrators to the patient is anticipated to robust the growth of the Malaysia oxygen concentrators market in the next five years
The Malaysia oxygen concentrators market is segmented by type, technology, flow-rate, source, application, end users, regional distribution, and competitional analysis.
A partial list of market player in the Malaysia oxygen concentrators market includes, LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd, among others. These market players hold larger shares of the market than the new market players. With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced medical devices would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze the historical growth of the market size of Malaysia oxygen concentrators market from 2017 to 2020.
- To estimate and forecast the market size of Malaysia oxygen concentrators market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Malaysia oxygen concentrators market based on type, technology, flow-rate, source, application, end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Malaysia oxygen concentrators market.
- To identify drivers and challenges for Malaysia oxygen concentrators market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia oxygen concentrators market.
- To identify and analyze the profile of leading players operating in Malaysia oxygen concentrators market.
- To identify key sustainable strategies adopted by market players in Malaysia oxygen concentrators market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of Malaysia
Key Target Audience
- Oxygen concentrators manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to the oxygen concentrators
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Technology · Flow Rate · Source · Application · End User |
| Region Scope | East, West |
| Key Companies Profiled | LKL Advance Metaltech Sdn Bhd (LKL International Berhad), Neolee Rehab Supply Sdn Bhd, Frago Impex Sdn. Bhd., Piyatech Sdn. Bhd., Stryker Corporation (Malaysia) Sdn Bhd, Victor Steel Equipment Sdn Bhd., ProMed Marketing Sdn Bhd, Nazmed Sdn Bhd |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
