Global Portable Oxygen Concentrators Market 2024-2028
The portable oxygen concentrators market is forecasted to grow by USD 1159.7 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the portable oxygen concentrators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of respiratory diseases, rise in geriatric population, and rising awareness programs on respiratory health conditions.
Technavio's portable oxygen concentrators market is segmented as below:
By Product
- Pulse dose
- Continuous flow
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the prevailing presence of assisted living facility and home-care settings as one of the prime reasons driving the portable oxygen concentrators market growth during the next few years. Also, increase in online retailing and rising focus on developing technologically advanced products will lead to sizable demand in the market.
The report on the portable oxygen concentrators market covers the following areas:
- Portable oxygen concentrators market sizing
- Portable oxygen concentrators market forecast
- Portable oxygen concentrators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable oxygen concentrators market vendors that include Chart Industries Inc., Colfax Corporation, Inogen Inc., Invacare Corp., Koninklijke Philips N.V., Medical Depot Inc., Mediniq Healthcare Pvt. Ltd., Niterra Co. Ltd., Nidek Medical India Pvt. Ltd., O2 Concepts LLC, Precision Medical Inc., ResMed Inc., Teijin Ltd., and Zhengzhou Olive Electronic Technology Co. Ltd.. Also, the portable oxygen concentrators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.