Medical Oxygen Concentrators Market Size, Share, Growth and Trend Analysis Report, 2019 to 2025

The global medical oxygen concentrators market size was valued at USD 1.75 billion in 2018 and is anticipated to expand at a CAGR of 7.4%%%% over the forecast period. Increasing prevalence of Chronic Obstructive Pulmonary Disease (COPD) and technological advancements are the key factors driving this market. According to the data published by the WHO, globally there were 251 million cases of COPD in 2016 and 3.17 million deaths due the same in the last year.