Portable Oxygen Concentrators Market Size Cross to Revenue US$ 2.7 Billion by 2028 | CAGR of 8.3%
According to the latest report by IMARC Group "Portable Oxygen Concentrators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global portable oxygen concentrators market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.Portable oxygen concentrators (POCs) are medical devices designed to deliver oxygen therapy to individuals with low oxygen levels in their blood. They are equipped with various delivery modes, such as pulse or on-demand and continuous flow, to ensure efficient oxygen delivery. They depend on either an electrical source or a portable battery to function and extract oxygen from the atmosphere to produce concentrated medical-grade gas. They are compact, lightweight, and easily portable. In addition, they can help achieve improved sleep, increased mental alertness, and enhanced stamina by providing a steady supply of oxygen. As a result, POCs are gaining immense traction among individuals with breathing disorders such as asthma and chronic obstructive pulmonary disease (COPD).
Request Free Sample Report: https://www.imarcgroup.com/portable-oxygen-concentrators-market/requestsample
Portable Oxygen Concentrators Market Trends and Drivers:
The market is primarily driven by the rising incidences of respiratory disorders, including pulmonary fibrosis, lung cancer, and pneumonia, among individuals across the globe. In addition, the growing geriatric population susceptible to these ailments, and increasing awareness regarding advanced care methods is contributing to the market growth. Moreover, technological advancements in POCs, such as improved battery life and miniaturized membrane technology, represents another major growth-inducing factor. Besides this, the recent onset of the coronavirus disease (COVID-19) pandemic has also accelerated the demand for POCs. Along with this, the surging needs for high-quality oxygen due to the increasing environmental pollution caused by carbon dioxide (CO2) emissions are propelling the market growth. Furthermore, the escalating product demand among travelers and mountaineers who require oxygen in places with inadequate oxygen levels is creating a positive market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
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
Ask Analyst for Customization and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/portable-oxygen-concentrators-market
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.
Teijin Limited.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Trending Reports By IMARC Group
Blood Purification Equipment Market: https://www.imarcgroup.com/blood-purification-equipment-market
Aortic Valve Replacement Market: https://www.imarcgroup.com/aortic-valve-replacement-market
Body Temperature Monitoring Market: https://www.imarcgroup.com/body-temperature-monitoring-market
Urinary Incontinence Devices Market: https://www.imarcgroup.com/urinary-incontinence-devices-market
Immunoglobulin Market: https://www.imarcgroup.com/immunoglobulin-market
Medical Thawing System Market: https://www.imarcgroup.com/medical-thawing-system-market
Feminine Hygiene Products Market: https://www.imarcgroup.com/feminine-hygiene-products-market
Eye Health Supplements Market: https://www.imarcgroup.com/eye-health-supplements-market
Veterinary Dental Equipment Market: https://www.imarcgroup.com/veterinary-dental-equipment-market
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
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.
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 Portable Oxygen Concentrators Market Size Cross to Revenue US$ 2.7 Billion by 2028 | CAGR of 8.3% here
News-ID: 3005234 • Views: …
More Releases from IMARC Group
Bulk Nitrogen Manufacturing Manufacturing Plant Cost 2024: Technology, Machinery …
IMARC Group's report, titled "Bulk Nitrogen Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a complete roadmap for setting up a bulk nitrogen manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging, and transportation requirements, and more.
In…
B-Napthol Manufacturing Plant Report 2024: Project Details, Machinery Requiremen …
IMARC Group's report, titled "B-Napthol Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a complete roadmap for setting up a b-napthol manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more.
In addition to the…
Biometric Sensors Manufacturing Plant Project Report 2024: Cost Analysis and Raw …
IMARC Group's report, titled "Biometric Sensors Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a complete roadmap for setting up a biometric sensor manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging, and transportation requirements, and more.
In addition…
Bilberry Processing Plant Project Report 2024: Setup Details, Capital Investment …
IMARC Group's report, titled "Bilberry Processing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a complete roadmap for setting up a bilberry processing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging, and transportation requirements, and more.
In addition to the…
More Releases for Market:
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has…
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market
Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders.
Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based…
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of…