As per a new report published by Research Dive, the global oxygen cylinder and concentrator market is estimated to register a revenue of $5,737.5 million till 2026 , growing at a CAGR of 10.7% during the forecast time from 2019-2026. The global market segmentation has been done on the basis of product, end use and region. This report further provides in depth overview of drivers, opportunities, restraints, segmentation analysis and prominent participants of the market. The novel coronavirus has positively affected the global oxygen cylinder and concentrator market. According to available sources, people who are affected with COVID-19, about 15% of patients have serious sickness requires oxygen supply and about 5% patients have critically ill necessitating intensive care treatment. Also, many critically affected patients will require mechanical ventilation due to doctors observed that affected patients have extraordinarily low oxygen levels...
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