Portable Oxygen Concentrators Market Worth $1 Billion By 2025 With Major Players: Precision Medical, Inc., Invacare Corporation, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Inogen, Inc., Chart Industries, Inc., Koninklijke Philips N.V., O2 Concept

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Industry Trend Analysis:
The global portable oxygen concentrators market is expected to be around $1 billion by 2025. Some of the major factors driving the market growth are high prevalence of severe obstructive pulmonary diseases, favorable government initiatives and convenience of usage. Increasing geriatric population is also expected to favorably contribute to the growth of this market during the forecast period as older adults are more susceptible to respiratory infections such as pulmonary hypertension, COPD and asthma.According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such significant increase in older population, the demand for portable oxygen concentrators is expected to significantly increase during the forecast period. However, factors such as stringent approval process for portable oxygen concentrators laid by agencies such as FDA can hamper the market growth during the forecast period.

Competitive Analysis:
The major players operating in the global portable oxygen concentrators market emphasize on product development and innovation to introduce advanced solutions in the market and secure a competitive advantage over other market players. For instance, in May 2016, Inogen, Inc., a provider of respiratory products for homecare settings launched the ultra-portable Inogen One G4 portable oxygen concentrator. In July 2016, the company received permission to allow the Inogen One G4 to be used onboard commercial aircrafts. Some of the key players operating in this market are, Precision Medical, Inc., Invacare Corporation, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Inogen, Inc., Chart Industries, Inc., Koninklijke Philips N.V., O2 Concepts, LLC., GCE Group, Nidek Medical Products, Inc., Inova Labs, Inc. (a part of ResMed Inc.), Teijin Limited, Besco Medical Co., LTD. and Oxus America.

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Market Opportunities:
Technological advancements in treating COPD and asthma will boost the growth of global portable oxygen concentrators market in coming years. Development of easy to use oxygen concentrators that are convenient to be carried around will favorably increase the demand for portable concentrators over the forecast period.

Portable Oxygen Concentrators Market Segmentation:
By Product: Pulse Flow Portable Oxygen Concentrators and Continuous Flow Portable Oxygen Concentrators

By End User: Homecare, Travel Agents, Hospitals and Ambulatory Surgical Centers

By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)

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Regional Outlook and Trend Analysis:
North America dominated the global portable oxygen concentrators market in 2016 due to high prevalence chronic respiratory disorders and technological advancements resulting in development and commercialization of advanced oxygen concentrator systems. Asia-Pacific portable oxygen concentrators market is expected to witness fastest growth over the forecast period owing to increasing prevalence of geriatric population in the region and increased disposable income in emerging countries such as China and India making homecare oxygen concentrators affordable for the patients.

Major Table of Contents:
Part 1. Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Part 2. Executive Summary
2.1.Key Highlights

Part 3. Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Increasing Incidence of COPD and Asthma Worldwide
3.3.1.2.Rising Geriatric Population Globally
3.3.1.3.Technological Advancements in Portable Oxygen Concentrators
3.3.2. Restraints
3.3.2.1.Stringent Regulatory Guidelines for Use and Disposal of these Systems
3.3.3. Opportunities
3.3.3.1.Emerging Markets to Offer Lucrative Growth Opportunities
3.4.Industry Trends

Part 4. Portable Oxygen Concentrators Market, By Product
4.1.Introduction
4.2.Portable Oxygen Concentrators Market Assessment and Forecast, By Product, 2016-2025
4.3.Pulse Flow Portable Oxygen Concentrators
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.4.Continuous Flow Portable Oxygen Concentrators
4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

Part 5. Portable Oxygen Concentrators Market, By End User
5.1.Introduction
5.2.The Portable Oxygen Concentrators Market Assessment and Forecast, By End User, 2016-2025
5.3.Homecare
5.3.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.4.Travel Agents
5.4.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.5.Hospitals
5.5.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.6.AmbulatorySurgical Centers
5.6.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)

…Read Full Table of Contents

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