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According to our (Global Info Research) latest study, the global Portable Oxygen Concentrators market size was valued at USD 1014.4 million in 2023 and is forecast to a readjusted size of USD 2346.7 million by 2030 with a CAGR of 12.7% during review period.
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 Info Research report includes an overview of the development of the Portable Oxygen Concentrators industry chain, the market status of Traveling (Molecular Sieve Oxygen Concentrator, Macromolecule Oxygen Permeable Membrane Oxygen Concentrator), Household (Molecular Sieve Oxygen Concentrator, Macromolecule Oxygen Permeable Membrane Oxygen Concentrator), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Portable Oxygen Concentrators.
Regionally, the report analyzes the Portable Oxygen Concentrators markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Portable Oxygen Concentrators market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Portable Oxygen Concentrators market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Portable Oxygen Concentrators industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Molecular Sieve Oxygen Concentrator, Macromolecule Oxygen Permeable Membrane Oxygen Concentrator).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Portable Oxygen Concentrators market.
Regional Analysis: The report involves examining the Portable Oxygen Concentrators market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Portable Oxygen Concentrators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Portable Oxygen Concentrators:
Company Analysis: Report covers individual Portable Oxygen Concentrators manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Portable Oxygen Concentrators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Traveling, Household).
Technology Analysis: Report covers specific technologies relevant to Portable Oxygen Concentrators. It assesses the current state, advancements, and potential future developments in Portable Oxygen Concentrators areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Portable Oxygen Concentrators market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Portable Oxygen Concentrators market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Molecular Sieve Oxygen Concentrator
- Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
- Electrolysis Oxygen Concentrator
- Chemical Oxygen Concentrator
- Other
Market segment by Application
- Traveling
- Household
- Other
Major players covered
- Inogen
- Invacare
- Philips Respironics
- Chart (Airsep)
- Inova Labs
- Teijin
- GCE Group
- Drive Medical
- Precision Medical
- AVIC Jianghang
- Foshan Kaiya
- Beijing North Star
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Portable Oxygen Concentrators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Portable Oxygen Concentrators, with price, sales, revenue and global market share of Portable Oxygen Concentrators from 2019 to 2024.
Chapter 3, the Portable Oxygen Concentrators competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Portable Oxygen Concentrators breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Portable Oxygen Concentrators market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Portable Oxygen Concentrators.
Chapter 14 and 15, to describe Portable Oxygen Concentrators sales channel, distributors, customers, research findings and conclusion.