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Portable Oxygen Concentrator Market Size, Share Global Analysis Report, 2019 – 2027

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Portable Oxygen Concentrator Market By Flow Type (Continuous Flow and Pulse Flow), By Delivery Method (Fixed Minute Volume and Fixed Bolus Volume), and By End-User (Homecare Settings, Hospitals & Ambulatory Clinics, and Ambulance): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2027

Industry Insights

The report covers the forecast and analysis of the portable oxygen concentrator market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the portable oxygen concentrator market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the portable oxygen concentrator market on a global level.

Global Portable Oxygen Concentrator Market Size

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In order to give the users of this report a comprehensive view of the armored cable market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the portable oxygen concentrator market by segmenting the market based on flow type, delivery method, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The large-scale occurrence of chronic respiratory ailments like asthma, pulmonary hypertension, chronic obstructive pulmonary disease, and occupational lung diseases are predicted to accelerate the demand for portable oxygen concentrators over the forecast timeframe. Reportedly, it has been projected that nearly 235 million population worldwide is affected due to asthma and over 200 million persons suffer from chronic obstructive pulmonary ailment. Reports cite that over 50 million persons suffer from occupational lung ailments. All these factors are likely to steer the expansion of the market during the forecast timeframe. In addition to this, a surge in the number of cigarette smokers who are more susceptible to lung ailments will further proliferate the market progress. 

Based on flow type, the market is divided into Continuous Flow and Pulse Flow.  On the basis of the delivery method, the market is divided into Fixed Minute Volume and Fixed Bolus Volume. In terms of end-user, the market is classified into Homecare Settings, Hospitals & Ambulatory Clinics, and Ambulance.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 453 Million

Projected Market Size in 2027

USD 1,167 Million

Growth Rate

CAGR 11.1%

Base Year

2018

Forecast Years

2018-2027

Key Market Players

Nidek Medical India, GCE Group, O2 CONCEPTS, LLC, Precision Medical, Inc., Besco Medical Co. LTD., Invacare Corporation, Koninklijke Philips N.V., Longfian Scitech Co., Ltd., Inogen, CAIRE, Inc. (Chart Industries), ResMed, and Oxus America./td>

Key Segment

By Flow Type, By Delivery Method, By End-User, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoKey players in the portable oxygen concentrator industry include

  • Nidek Medical India
  • GCE Group
  • O2 CONCEPTS LLC
  • Precision Medical Inc.
  • Besco Medical Co. LTD.
  • Invacare Corporation
  • Koninklijke Philips N.V.
  • Longfian Scitech Co. Ltd.
  • Inogen
  • CAIRE Inc. (Chart Industries)
  • ResMed
  • Oxus America.

logoThis report segments the portable oxygen concentrator market as follows:

logo By Flow Type Segment Analysis

  • Continuous Flow
  • Pulse Flow

logo By Delivery Method Segment Analysis

  • Fixed Minute Volume
  • Fixed Bolus Volume

logo By End-User Segment Analysis

  • Homecare Settings
  • Hospitals & Ambulatory Clinics
  • Ambulance

logo Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Industry Major Market Players

  • Nidek Medical India
  •  GCE Group
  •  O2 CONCEPTS LLC
  •  Precision Medical Inc.
  •  Besco Medical Co. LTD.

Frequently Asked Questions

Portable oxygen concentrators are the medical equipment that helps people having a reduced proportion of oxygen in their blood.
The growing occurrence of chronic respiratory ailments like asthma, pulmonary hypertension, chronic obstructive pulmonary disease, and occupational lung diseases is expected to culminate in the massive demand for portable oxygen concentrators over the forecast timeline.
According to the report, the global portable oxygen concentrator market was valued at approximately USD 453 million in 2018 and is expected to reach a value of around USD 1,167 million by 2027, at a CAGR of around 11.1% between 2019 and 2027.
The global Portable Oxygen Concentrator Market is expected to witness the highest growth in North America.
Key players in the portable oxygen concentrator industry include O2 CONCEPTS, LLC, Precision Medical, Inc., Besco Medical Co. LTD., Invacare Corporation, Koninklijke Philips N.V., GCE Group, Longfian Scitech Co., Ltd., Nidek Medical India, Inogen, CAIRE, Inc. (Chart Industries), ResMed, and Oxus America.