Press release
Portable Oxygen Concentrators Market Size Reach US$ 2.5 Billion by 2027 - IMARC Group
Portable oxygen concentrators(POCs)are medical devices that separate nitrogen and oxygen from the air and provide pure oxygen to the patient. They come with both a DC adapter to plug into an automobile, boat or motor home and an AC adapter for use in any household outlet. Nowadays, portable oxygen concentrators are available in a variety of sizes, shapes and colors.
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Market Trends
The portable oxygen concentrators market is primarily driven by the rising prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma and respiratory distress syndrome. Besides this, several technological advancements have prompted manufacturers to introduce compact concentrators with improved design and mobility. Moreover, with the outbreak of coronavirus disease (COVID-19), there has been a significant demand for portable oxygen concentrators as patients with COPD, pre-existing asthma and other lung problems require these devices to maintain an adequate concentration of oxygen.
Breakup by Technology:
Continuous Flow
Pulse Flow
Breakup by Application:
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Respiratory Distress Syndrome
Sleep Apnea
Others
Breakup by End User:
Hospitals
Ambulatory Surgery Centers
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa
Competitive Landscape with Key Player:
Caire Inc. (NGK Spark Plug Co., Ltd)
Chart Industries Inc.
Drive Devilbiss Healthcare Limited (Drive International LLC)
Inogen Inc., Invacare Corporation
Koninklijke Philips N.V.
Nidek Medical India Pvt Ltd
O2 Concepts LLC
Precision Medical Inc. (BioHorizons Inc.)
Resmed Inc. and Teijin Limited.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts, are being done after considering the impact of this pandemic.
If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, the published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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