Press release
Global Portable Oxygen Concentrators Market to Reach USD 4.5 Billion by 2030; Growing Geriatric Population to Drive the Market | Markets N Research
Precision Medical Unveiled Their Brand-New Portable Oxygen Concentrator
In October 2019, Precision Medical introduced The Live Active Five, a new portable oxygen concentrator on the market and created to help people with respiratory conditions like COPD. The Live Active Five has a li-ion battery, which makes it simple to use.
Get Free Sample @ https://marketsnresearch.com/sample/1650
Global Population Aging to Increase Demand for Portable Oxygen Concentrators
According to the United Nations, the senior population is anticipated to grow from 962 million in 2017 to 2.1 billion by 2050 and 3.1 billion by 2100. Globally, the elderly population is growing more quickly than the young. Roughly 13% (962 million) of the world's population in 2017 was elderly, and their number has been rising at a rate of about 3% annually. In addition, it is predicted that the number of people 80 years or older will treble by 2050, going from 137 million in 2017 to 425 million. At the moment, Europe has a sizeable elderly population. Family help from older relatives is diminishing, and official long-term caregiving services are expensive. The need for portable devices, such as portable oxygen concentrators, is projected to increase due to these structural changes in society.
High Costs Could Limit Market Growth
The main issue preventing market expansion is the high cost of portable oxygen concentrators. Due to price increases brought on by technological advancements and new features, the market for portable oxygen concentrators is now stagnant. Due to high cost, these oxygen concentrators may not be accessible to many patients. This may lead them to choose to use oxygen concentrators that are rented. Renting prevents people from purchasing freshly launched portable oxygen concentrators. Sales of advanced products may suffer as a result, which could lead to losses for the manufacturers. Technology advancements like longer battery life, smaller size, and the ability to purify and deliver oxygen impact the products' price.
Read More @ https://marketsnresearch.com/report/1650/global-portable-oxygen-concentrators-market
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the portable oxygen concentrators market plan acquisitions to improve their brand recognition globally. For instance, in 2019, the manufacturer of non-intrusive portable ventilation systems, New Aera, Inc., was established by Inogen. The business has chosen to use TAV technology in its oxygen concentrators to preserve its market position with a cutting-edge product line.
Recent Development:
In 2021, the introduction of medical-grade oxygen concentrators was announced by Servotech Power Systems. Additionally, Servotech has grown its network of strategic partnerships by working with IIT Jammu and IISER Bhopal to impart knowledge for producing oxygen concentrators in India, enabling them to create a fully indigenous product. Hospitals, foundations, medical facilities, commercial establishments, and other significant stakeholders that require the product will receive concentrators from Servotech.
List of Key Players Profiled in the Report
Koninklijke Philips N.V.
Inogen, Inc
Chart Industries, Inc.
Resmed, Inc.
Invacare Corporation
Drive Devilbiss Healthcare LLC
Precision Medical, Inc.
Besco Medical Co.Ltd.
Oxus America, Inc.
Foshan KeyhubElectronic Industries Co.Ltd
O2 Concepts LLC
GCE Group
Read More News
https://www.linkedin.com/pulse/global-portable-oxygen-concentrators-market-reach-usd-aishwarya-vasa/?published=t
https://demo.sngine.com/blogs/184615/Portable-Oxygen-Concentrators-Market-Size-Type-Share-Demand-Drives-Growth
https://www.benedeek.com/blogs/40970/Portable-Oxygen-Concentrators-Market-New-Investment-Growth-Opportunities-and-Analysis
https://www.gift-me.net/blogs/24268/Portable-Oxygen-Concentrators-Market-Global-Snapshot-Analysis-and-Growth-Opportunities
https://connect.rhabits.io/blogs/222654/Portable-Oxygen-Concentrators-Market-Analysis-Growth-Trends-Opportunities-and-Development
https://www.dr-ay.com/blogs/57651/Portable-Oxygen-Concentrators-Market-Size-Share-Top-Trends-Growth-and
https://www.nasseej.net/blogs/26669/Portable-Oxygen-Concentrators-Market-Statistics-Segment-Trends-Size-Share-Type
http://wwfanclub.com/blogs/179724/Portable-Oxygen-Concentrators-Market-to-Witness-an-Outstanding-Growth-by
https://www.login.ps/blogs/25455/Portable-Oxygen-Concentrators-Market-Estimated-to-Flourish-at-by-2030
https://www.tamaiaz.com/blogs/33667/Portable-Oxygen-Concentrators-Market-Set-to-Witness-an-Uptick-during
https://heroes.app/blogs/227567/Portable-Oxygen-Concentrators-Market-foreseen-to-grow-exponentially-over-2030
https://www.exoltech.net/blogs/49403/Portable-Oxygen-Concentrators-Market-Estimated-to-Experience-a-Hike-in
https://gemawiraclub.com/blogs/7383/Portable-Oxygen-Concentrators-Market-Is-Likely-To-Register-Double-Digit
https://social.studentb.eu/read-blog/73574
https://kyourc.com/read-blog/64272
https://yruz.one/blogs/18430/Portable-Oxygen-Concentrators-Market-Research-Report-Study-by-2030
https://moniispace.com/read-blog/21676
http://eteria.net/read-blog/22605
https://hissme.com/read-blog/52477
https://blue.et/create-blog/#
https://cryptofriender.com/read-blog/3292
https://www.vkay.net/read-blog/3916
https://socialblast.club/read-blog/3187
https://legalledger.in/read-blog/12726
https://talkin.co.ke/read-blog/5514
https://baitk.com/read-blog/6302
https://www.pickmemo.com/read-blog/130625
https://stompster.com/read-blog/106843
https://makenix.com/read-blog/24531
https://omiyou.com/read-blog/22424
https://famenest.com/read-blog/26959
https://vherso.com/read-blog/37287
https://ubiz.chat/read-blog/39665
https://ourclass.mn.co/posts/portable-oxygen-concentrators-market-sluggish-growth-rate-foreseen-by-2023-2030
https://synkretic.mn.co/posts/portable-oxygen-concentrators-market-industry-statistics-opportunities-assessment-demand-scope-and-forecast-2030
https://wecanchat.mn.co/posts/portable-oxygen-concentrators-market-to-witness-massive-growth-by-2030
https://beranda.mn.co/posts/portable-oxygen-concentrators-market-in-depth-analysis-forecast-2023-2030
https://janjaonline.mn.co/posts/portable-oxygen-concentrators-market-higher-growth-rate-forecast-2023-2030
https://stemfemmes.mn.co/posts/portable-oxygen-concentrators-market-real-time-analysis-forecast-2023-2030
https://markettrendsdotin.wordpress.com/2023/03/06/portable-oxygen-concentrators-market-to-witness-an-astonishing-growth-by-2030/
https://medium.com/@sandra_85356/portable-oxygen-concentrators-market-current-trends-and-future-aspect-analysis-2023-2030-c3139084aad2
https://rentry.co/9u5pq
https://www.vingle.net/posts/5453311
https://justpaste.it/c8g1f
https://pastelink.net/ervysjid
https://www.evernote.com/shard/s410/sh/62c8d2ab-0083-9e39-e0e6-c407d4282106/644lJbHX2AsNGlbGfQmAnx-cTQefhrZDQjMfLvajMDIyPqNv5ZDifgkOyw
https://www.findit.com/imhuropllouacvm/RightNow/portable-oxygen-concentrators-market-to-witness-growth0/1318658c-93ad-4074-83b7-1a9d6814ea94
https://markettrends.hashnode.dev/portable-oxygen-concentrators-market-to-witness-growth-acceleration-during-2030
https://www.reddit.com/user/Material-World6244/comments/11jwgjb/portable_oxygen_concentrators_market_projected_to/
https://gab.com/sandrak1/posts/109976134470863932
https://uberant.com/article/1902989-portable-oxygen-concentrators-market-projected-to-witness-vigorous-expansion-by-2030/
https://www.diigo.com/item/note/9wuh3/ws2j?k=2f33294fc42a02099d923b609c226797
https://writeablog.net/unt4tu5re7
https://posteezy.com/portable-oxygen-concentrators-market-expansion-projected-gain-uptick-during-2030
http://prsync.com/markets-n-research/portable-oxygen-concentrators-market-newer-segments-of-application--3703014/
https://www.zupyak.com/p/3531003/t/portable-oxygen-concentrators-market-overview-and-regional-outlook-study-2023-2030
https://www.xing.com/discover/detail-activities/6725732932.2e8070?trackingTokens=disco.module.me-feed%3Ac63cd86bbc1311edbd5876ae4227f8da%3A0.6725732932.activities_activity
https://blogfreely.net/sandrak1/portable-oxygen-concentrators-market-in-depth-insights-revenue-details
https://www.instapaper.com/read/1585690754
https://www.pearltrees.com/sandrak1/item504799413
https://www.bookmarkmonk.com/story/portable-oxygen-concentrators-market-current-outlook-of-industry-forecast-2023-2030/
https://www.bookmarkrush.com/story/portable-oxygen-concentrators-market-scope-trend-share-high-growth-rate-by-2030/
https://bookmarkfrog.com/story/portable-oxygen-concentrators-market-analysis-of-key-players-end-user-demand-and-consumption-by-2030/
https://www.bookmarkrocket.com/story/portable-oxygen-concentrators-market-scope-emerging-trends-analysis-and-forecast-2030/
Markets N Research
1016 W Jackson Blvd Chicago,
IL 60607 United States
Tel: +17736491529
Email: sales@marketsnresearch.com
Markets N Research team is comprised of well skilled and equipped personnel ready to concur any upcoming challenges in the market sector for both individual people and organization around the world. We know time is money, and therefore we ensure we solve your problem within the shortest time possible to prevent delays or missing any opportunities. We use globally accepted techniques with a little innovation from our staff in solving all your market research related challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Portable Oxygen Concentrators Market to Reach USD 4.5 Billion by 2030; Growing Geriatric Population to Drive the Market | Markets N Research here
News-ID: 2969332 • Views: …
More Releases from Markets N Research
Market Research Report: Elderly Care Market Analysis and Trends
The global elderly care market has been witnessing significant growth in recent years due to the increasing aging population and the rising demand for personalized care services. The elderly care market encompasses a wide range of services and products designed to cater to the needs of older adults, including home care, nursing care, assisted living, and adult day care. This market research report aims to provide a comprehensive analysis of…
Next Generation Automation Testing Market: A Comprehensive Market Research
The rapid evolution of technology has led to an increased demand for efficient software testing processes. Next Generation Automation Testing has emerged as a cutting-edge solution that leverages advancements in artificial intelligence (AI), machine learning (ML), and other innovative technologies to enhance testing efficiency and effectiveness. This market research report aims to provide a comprehensive analysis of the Next Generation Automation Testing market, including its current state, key trends, market…
Automotive Cyber Security Market Research: Protecting the Future of Connected Ve …
With the rapid growth of connected and autonomous vehicles, the importance of automotive cyber security has become paramount. The integration of advanced technologies and connectivity features in vehicles brings numerous benefits, but it also introduces new vulnerabilities and risks. As a result, automotive cyber security has emerged as a critical market segment, aimed at safeguarding vehicles from cyber threats and ensuring the safety and privacy of drivers and passengers.
Get the…
Next Generation Cancer Diagnostics: Market Research Analysis
Cancer continues to be a major global health challenge, with its prevalence increasing year by year. Early and accurate detection of cancer is crucial for effective treatment and improved patient outcomes. Next Generation Cancer Diagnostics (NGCD) represents a paradigm shift in cancer diagnosis, offering advanced technologies that enhance sensitivity, specificity, and efficiency. This market research analysis aims to explore the current landscape and future prospects of NGCD, including market size,…
More Releases for Portable
OUKITEL BP2000 Portable Power Station: Redefining Portable Energy Solutions
Introduction
In an era where power reliability is paramount, the OUKITEL BP2000 Portable Power Station [https://us.oukitel.com/pages/portable-power-station] emerges as a revolutionary solution. With its state-of-the-art features and versatile applications, it is set to transform how we approach portable energy needs. This press release delves into the innovative aspects of the BP2000, highlighting its unique features, benefits, and potential applications.
Unmatched Power and Efficiency
The OUKITEL BP2000 [https://us.oukitel.com/products/oukitel-bp2000-portable-power-station] boasts a formidable 2200W AC Pure Sine…
Portable Speakers
According to HTF Market Intelligence, the Global Portable Speakers market to witness a CAGR of 10.6% during the forecast period (2024-2029). The Latest Released Portable Speakers Market Research assesses the future growth potential of the Portable Speakers market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and…
Portable Respirators Market Portable Breathing Devices for Respiratory Support B …
Portable Respirators Market 2023 Forecast: Unveiling Opportunities and Growth
Portable Respirators Market research report helps to recognize the market challenges and opportunities. Global Portable Respirators Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area including the volume of…
Chiller Portable Ac Reddit Reviews - Is Chiller Portable AC legit? Read Chiller …
With the scorching heat of summer just around the corner, finding effective ways to stay cool is of paramount importance. While traditional fans can provide some relief, they might not be sufficient when temperatures rise above 30ºC. That's where portable air conditioners come into play, and one affordable option that stands out is the Chiller Portable AC.
Unlike ordinary electric coolers or fans, the Chiller Portable AC takes cooling technology to…
Global External Portable SSD Market |Fast, Reliable, and Portable: An Insight in …
Global External Portable SSD Market Overview
The External Portable SSD market is a dynamic and multifaceted landscape that encompasses various products, services, and industries. It is characterized by intense competition, rapid innovation, changing consumer behavior, and evolving market trends. Businesses operating in the External Portable SSD market need to have a deep understanding of the market dynamics, including its size, growth rate, customer preferences, competitive landscape, and regulatory environment.
Market research reports…
CHILLWELL PORTABLE AIR COOLER 2023- BEST PORTABLE AIR COOLER,REAF MORE!
INTRODUCTION ON CHILLWELL PORTABLE AIR COOLER
ChillWell AC is a brand of portable air coolers designed to provide a simple and efficient cooling solution for personal space. These units use a combination of evaporative cooling and a water tank to cool and humidify the air in a room, making them an ideal option for those who live in hot and dry climates.
The ChillWell AC units are designed to be…
