Global portable oxygen concentrators market is anticipated to grow with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to increasing prevalence of COPD, asthma, respiratory distress syndrome, and other respiratory disease, along with demand for the treatment procedures like oxygen supplies to the patients. Moreover, increasing geriatric population, shift from traditional cylinders to portable oxygen concentrator along with the increasing focus of players on emerging market is anticipated to support the growth of the global portable oxygen concentrators market, in the upcoming five years, until 2027.
Moreover, rise in the cases of patients due to recent outbreak of COVID-19, the market is expected to grow on an exponential rate.
The global portable oxygen concentrators market is segmented by type, deliver system, application, end user, sales channel, regional distribution, and competitional landscape. Based on type the market if further divided into molecular sieve oxygen concentrator, macromolecule oxygen permeable membrane oxygen concentrator, electrolysis oxygen concentrator, chemical oxygen concentrator, and others. Molecular sieve oxygen concentrator is anticipated to hold the largest market share owing to the application of the concentrator in various chronic diseases.
Some of the major competitors in the market are Smiths Medical, Inc., ResMed Inc., Invacare Corporation Ltd., Nidek Medical Products Inc., Drive Devilbiss Healthcare Ltd., Precision Medical, Inc., O2 Concepts, LLC, GCE Group AB, Caire Inc., Chart Industries, Inc., Inogen, Inc., Philips Respironics Ltd., Besco Medical Co. Ltd., Koninklijke Philips N.V., Oxus America Inc., among others.
Objective of the Study
- To analyze the historical growth of the market size of global portable oxygen concentrators market from 2017 to 2020.
- To estimate and forecast the market size of global portable oxygen concentrators market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global portable oxygen concentrators market based on type, deliver system, application, end user, sales channel, regional distribution, and competitional landscape.
- To identify dominant region or segment in the global portable oxygen concentrators market.
- To identify drivers and challenges for global portable oxygen concentrators market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global portable oxygen concentrators market.
- To identify and analyze the profile of leading players operating in global portable oxygen concentrators market.
- To identify key sustainable strategies adopted by market players in global portable 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 global portable oxygen concentrators market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
Key Target Audience
- Manufacturers, end users, service providers and other stakeholders
- Distributers and suppliers of portable oxygen concentrators and other stakeholders
- Organizations, forums, and alliances related to portable oxygen concentrators market
- 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 vendors, 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 | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | - Type
- Delivery System
- Application
- End User
- Sales Channel
|
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
| Key Companies Profiled | Smith’s Medical, Inc., ResMed Inc., Invacare Corporation Ltd., Nidek Medical Products Inc., Drive Devilbiss Healthcare Ltd., Precision Medical, Inc., O2 Concepts, LLC, GCE Group AB, Caire Inc., Chart Industries, Inc., Inogen, Inc., Philips Respironics Ltd., Besco Medical Co. Ltd., Koninklijke Philips N.V., Oxus America Inc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, 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) |
