Global Portable Oxygen Concentrators Market Research Report 2023(Status and Outlook)

Global Portable Oxygen Concentrators Market Research Report 2023(Status and Outlook)

Report Overview

An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. Portable oxygen concentrators are small, lightweight and more convenient for the patients.

In fact, oxygen concentrators are rather simple devices. They operate on the principle of ‘rapid pressure swing adsorption’ of atmospheric nitrogen onto specific minerals and then venting the nitrogen. The filtered gas mixture is mainly oxygen and little other gasses like argon and CO2.

The main market for portable oxygen concentrators is the United States, which accounts for about 40% of the total market, followed by Europe, which accounts for 25%.

The major players are Invacare, Inogen, Chart (Airsep) and Philips, with the top three accounting for about 50% of the market.

The Global Portable Oxygen Concentrators Market Size was estimated at USD 870.2 million in 2022 and is projected to reach USD 2085.59 million by 2029, exhibiting a CAGR of 13.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Portable Oxygen Concentrators market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Portable Oxygen Concentrators Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Portable Oxygen Concentrators market in any manner.

Global Portable Oxygen Concentrators Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Inogen

Invacare

Philips Respironics

Chart (Airsep)

Inova Labs

Teijin

GCE Group

Drive Medical

Precision Medical

AVIC Jianghang

Foshan Kaiya

Beijing North Star

Market Segmentation (by Type)

Molecular Sieve Oxygen Concentrator

Macromolecule Oxygen Permeable Membrane Oxygen Concentrator

Electrolysis Oxygen Concentrator

Chemical Oxygen Concentrator

Other

Market Segmentation (by Application)

Ferrous metallurgy industrial

Machining

Automobile industrial

Aviation

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Portable Oxygen Concentrators Market

Overview of the regional outlook of the Portable Oxygen Concentrators Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors