Press release
Portable Oxygen Concentrators Market will expand at 13.3% CAGR up to 2025: QY Research, Inc.
global portable oxygen concentrators market
The global Portable Oxygen Concentrators market is valued at 590 million US$ in 2018 is expected to reach 1590 million US$ by the end of 2025, growing at a CAGR of 13.3% during 2019-2025.
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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 global average price of Portable Oxygen Concentrator is in the decreasing trend, from 1958 USD/Unit in 2013 to 1834 USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The USA is the largest consumption place, with a consumption market share nearly 43.25% in 2017. Following USA, Europe is the second largest consumption place with the consumption market share of 26.67%.
Market competition is not intense. Inogen, Invacare, Philips Respironics, Chart (Airsep), Inova Labs, Teijin, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
This report focuses on Portable Oxygen Concentrators volume and value at global level, regional level and company level. From a global perspective, this report represents overall Portable Oxygen Concentrators market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Major Key Manufacturers of Portable Oxygen Concentrators Market are:
Inogen
Invacare
Philips Respironics
Chart (Airsep)
Inova Labs
Teijin
GCE Group
Drive Medical
Precision Medical
AVIC Jianghang
Foshan Kaiya
Beijing North Star
Portable Oxygen Concentrators market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Other
Major Application as follows:
Traveling
Household
Other
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Regions Covered in the Global Portable Oxygen Concentrators Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Few of the questions answered through the report
(1) How will the global Portable Oxygen Concentrators market performance during the forecast period? What will be the market size in terms of value and volume?
(2) Which segment will drive the global Portable Oxygen Concentrators market? Which regional market will show extensive growth in the future? What are the reasons?
(3) How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
(4) What are the key strategies adopted by players to sustain themselves in the global Portable Oxygen Concentrators market?
(5) How will these strategies influence market growth and competition?
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QY Research, INC.
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