Portable Oxygen Concentrators Market on Track for Impressive Growth, Projected to Surpass USD 3.03 Billion by 2030

This Portable Oxygen Concentrators market research report is the product of cutting-edge technology and integrated methodologies, ensuring optimal results. To create comprehensive company profiles, we consider elements such as company snapshots, geographical presence, product portfolios, and recent developments. This report is a meticulous and professional document that places a strong emphasis on primary and secondary drivers, market share, leading segments, and geographical analyses.

At a global level, this Portable Oxygen Concentrators market research report covers a diverse range of markets tailored to meet the specific needs of our clients. It uncovers the most effective solutions and provides detailed insights into market trends. Our dedicated research efforts are characterized by their qualitative and transparent nature, resulting in an exceptional Portable Oxygen Concentrators market research report tailored to your niche.

Data Bridge Market Research analyses that the Portable Oxygen Concentrators Market which is USD 1.58 billion in 2022, is expected to reach USD 3.03 billion by 2030, at a CAGR of 8.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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This report offers numerous insights and business solutions, enabling you to maintain a competitive edge. It serves as an invaluable guide, offering key information about the market, emerging trends, product usage, customer motivations and preferences, brand positioning, and customer behavior. Throughout the creation of this Portable Oxygen concentrator report, we uphold two paramount values: excellence and clarity. All statistics are presented in an organized manner, with the aid of graphs, tables, and charts, ensuring a user-friendly and comprehensive experience.

Key Growth Drivers:

• Rising number of chronic diseases

The growing geriatric population is increasing the demand for home care settings, particularly in developed countries. The rising number of patients suffering from chronic obstructive pulmonary disease (COPD) and respiratory diseases as a result of unhealthy lifestyle choices such as marijuana, cigars, and pipes consumption among the young population and workplace exposure to hazardous substances is expected to drive demand for portable oxygen concentrators during the forecast period.

• Rise in advanced technologies

Manufacturers’ use of advanced technologies in the production of oxygen concentrators is also driving market growth. Companies are focusing on developing products with higher efficacy and lower costs to meet the growing demand for portable oxygen concentrators. For instance, in June 2021, Servotech Power Systems announced the launch of a medical-grade oxygen concentrator in India and raised awareness of the product to increase sales for manufacturers by collaborating with prestigious educational institutions such as IIT Jammu.

The report outlines the involvement of key players, including:

• Smiths Medical, Inc. (U.S.)
• ResMed (U.S.)
• Invacare Corporation (U.S.)
• Zadro Health Solutions (U.S.)
• Koninklijke Philips N.V (Netherlands)
• Chart Industries, Inc. (U.S.)
• Nidek Medical (India)
• Inogen, Inc. (U.S.)
• Drive DeVilbiss Healthcare (U.S.)
• O2 CONCEPTS LLC., (U.S.)

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Key Market Segmentation

Deliver System

• Continuous Flow
• Pulse Flow

Application

• Chronic Obstructive Pulmonary Disease (COPD)
• Asthma
• Respiratory Distress Syndrome
• Sleep Apnea
• Others

End-User

• Hospitals
• Homecare Settings
• Ambulatory Surgical Centers
• Travel Agents

The Portable Oxygen Concentrators market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

1. North America: United States, Canada, and Mexico.
2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
5. South America: Brazil, Argentina, and other countries in South America.

Incorporating these regions into market research is crucial as they serve as significant economic and industrial hubs with diverse consumer markets. By including these regions in their analyses, businesses gain valuable insights into global trends, enabling them to make informed decisions and develop effective strategies. Understanding the market dynamics in these regions helps companies cater to the distinct demands and preferences of various regional markets, whether they plan to expand their operations or simply stay updated with the ever-changing global landscape. This approach ensures that businesses can adapt and tailor their products or services to meet the specific needs of each region, ultimately leading to a more successful and sustainable global presence.

North America dominates the portable oxygen concentrators market because of the presence of well-developed healthcare infrastructure and favourable reimbursement policies in the region.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 owing to the growing incidence of cancer such as bladder, esophagus, liver, pancreas, and others, high presence of major manufacturers across the U.S. Furthermore, technological advancements and rising foreign investment.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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