Portable Oxygen Concentrators Market Size Analysis, Industry Outlook, Regional Forecast 2021-2027

A portable oxygen concentrator is a device that provides oxygen therapy to people who require higher oxygen concentrations than the ambient air. It's similar to a home oxygen concentrator, but it's smaller and more portable. In 2020, the global Portable Oxygen Concentrators market size was US$ 871.2 million and it is expected to reach US$ 2086.5 million by the end of 2027, with a CAGR of 13.3% during 2021-2027.

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Top Key Players Included in Portable Oxygen Concentrators Market Report:
Inogen
Invacare
Philips Respironics
Chart (Airsep)
Inova Labs
Teijin
GCE Group
Drive Medical
Precision Medical
AVIC Jianghang
Foshan Kaiya
Beijing North Star

The report assesses the Portable Oxygen Concentrators market trends and sheds insight on the present economic situation of this company area. It was created using extensive primary research, such as surveys, interviews, and expert analyst observations. It includes in-depth qualitative and quantitative analyses of the Portable Oxygen Concentrators business, as well as data from the value chain analysis that has been verified by the industry. As a result, it serves as a comprehensive framework of global market dynamics, including a critical examination of consumers' journeys, present and new market channels, and corporate strategic objectives, allowing readers to get relevant market insights. The market for Portable Oxygen Concentrators products is being driven by an increase in the prevalence of critical wounds, an increase in the number of cases involving burns, traumas, and various surgeries, as well as an increase in consumer disposable income. The rapid rise in per capita disposable incomes in all developed nations, as well as the affordability of high-end products in developing economies, all contribute to the market's expansion.

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Portable Oxygen Concentrators Market segment by Type:
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Other

Portable Oxygen Concentrators Market segment by Application:
Traveling
Household
Other

This paper is the most recent document to go over the present economic condition, which has been severely impacted by the COVID-19 outbreak. The worldwide health crisis has wreaked havoc on the global economy and economic landscape. The research, which includes a broad examination of the pandemic's current and future repercussions, clearly depicts the current picture of this ever-evolving economic vertical. It presents the company profiles of the top market participants in a structured manner. This portion of the research examines the successful long-term company expansion measures performed by these players. In addition, to illustrate the overall Portable Oxygen Concentrators market picture, this section summarises the important advancements and financial positions of these firms.

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