Global Portable Oxygen Concentrators Market Growth 2023-2029

Global Portable Oxygen Concentrators Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Portable Oxygen Concentrators Industry Forecast” looks at past sales and reviews total world Portable Oxygen Concentrators sales in 2022, providing a comprehensive analysis by region and market sector of projected Portable Oxygen Concentrators sales for 2023 through 2029. With Portable Oxygen Concentrators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Portable Oxygen Concentrators industry.
This Insight Report provides a comprehensive analysis of the global Portable Oxygen Concentrators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Portable Oxygen Concentrators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Portable Oxygen Concentrators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Portable Oxygen Concentrators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Portable Oxygen Concentrators.
The global Portable Oxygen Concentrators market size is projected to grow from US$ 964.5 million in 2022 to US$ 2383.4 million in 2029; it is expected to grow at a CAGR of 2383.4 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Portable Oxygen Concentrators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Other
Segmentation by application
Traveling
Household
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Inogen
Invacare
Philips Respironics
Chart (Airsep)
Inova Labs
Teijin
GCE Group
Drive Medical
Precision Medical
AVIC Jianghang
Foshan Kaiya
Beijing North Star
Key Questions Addressed in this Report
What is the 10-year outlook for the global Portable Oxygen Concentrators market?
What factors are driving Portable Oxygen Concentrators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Portable Oxygen Concentrators market opportunities vary by end market size?
How does Portable Oxygen Concentrators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.