Global Portable Oxygen Concentrators Market 2019 – 2026


Posted May 12, 2021 by Aishwarya99

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The global Portable Oxygen Concentrators market was valued at US$ XX Mn 2018 and is expected to reach US$ XXx Mn 2026, growing at a CAGR of xx% during the forecast period. A portable oxygen concentrator (POC) is equipment used to provide oxygen therapy to people that require greater oxygen concentrations than the levels of ambient air. It is similar to a home oxygen concentrator (OC), but is smaller in size and more movable. They are small enough to carry and many are now approved by FAA for use on airplanes. The xx segment dominate the market throughout the forecast periodA portable oxygen concentrator (POC) equipment is generally feasible for travelers owing to thus advantages, such as smaller size, better mobility, and higher oxygen capacity suitable for all circumstances. Increasing commonness of various respiratory disorders is expected to boost the demand for portable devices
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In addition major shift in favor of portable products, in terms of reimbursement coverage, would further strengthen the segment growth. Various advantages offered by these concentrators, such as continuous supply of oxygen that increases survival chances, improvements in exercise tolerance, ease of handling, less maintenance, improved battery power, and authorized use of concentrators in air planes and airports, will drive the segment further.
Portable oxygen concentrator market segmented by basis of Delivery System -Continuous Flow
• Pulse Dose
• By Application -COPD
• Asthma
• Respiratory Distress Syndrome
• and End User- Hospitals
• Home Care Setting
• Owing to prevalence of COPD
• Astham
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respiratory distress syndrome and other respiratory disease are the major driving factors POC market. Furthermore increasing geriatric population also support the growth of POC market. In addition shifting traditional cylinders to portable oxygen concentrator fuel the demand for Portable Oxygen Concentrators during forecast period. North America dominates the market throughout the forecast period Geographically, the portable oxygen concentrator (POC) market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. , the portable oxygen concentrator (POC) market size and forecast period for each region has been estimated from 2019 to 2026. Additionally, the CAGR (%) for the forecasted period 2019 to 2026. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil.
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The detailed analysis by Type, Industry Verticals, and regions supports in evaluating the present scenario, growth prospects and the future scenario for the e-Commerce Payment Market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions. Companies Profiled Major Key players of portable oxygen concentrator market are Koninklijke Philips N.V
• Chart Industries Inc.
• Invacare Corporation
• Inogen Inc. Drive DeVilbiss Healthcare
O2 CONCEPTS LLC Nidek Medical GCE Group CAIRE Inc. Philips RespironicsResearch Methodology:The research methodology of global devices market involves extensive primary and secondary research. Primary research includes about 18 hours of interviews and discussions (telephonic, face-to-face, emails, and others), with a wide range of stakeholders including upstream and downstream participants. Primary research typically forms the bulk of the research efforts, but is also, coherently supported by extensive secondary research.
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Over 5,700 product literatures, industry releases, annual reports, and other such documents of key industry personnel have been reviewed to obtain a better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations� releases, and government websites are also reviewed for generating high-value industry insights.
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Last Updated May 12, 2021