Portable Oxygen Concentrators market size was 590 million US$ and is forecast to 1590 million US in 2025 | CAGR : 13.3%
This report studies the global market size of Portable Oxygen Concentrators in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Portable Oxygen Concentrators in these regions.
This research report categorizes the global Portable Oxygen Concentrators market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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.
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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.
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.
In 2017, the global Portable Oxygen Concentrators market size was 590 million US$ and is forecast to 1590 million US in 2025, growing at a CAGR of 13.3% from 2018. The objectives of this study are to define, segment, and project the size of the Portable Oxygen Concentrators market based on company, product type, application and key regions.
The various contributors involved in the value chain of Portable Oxygen Concentrators include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Portable Oxygen Concentrators include
Beijing North Star
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Market Size Split by Type
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Market Size Split by Application
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