Portable Oxygen Concentrators Market is expected to reach US$ 5.06 billion by 2031, growing at a CAGR of 11.8% - Pure O2 Ltd, Belluscura, BPL Medical Technologies.

The global portable oxygen concentrators market reached US$ 2.09 billion in 2023 and is expected to reach US$ 5.06 billion by 2031, growing at a CAGR of 11.8% during the forecast period 2024-2031.

Portable Oxygen Concentrators Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Portable oxygen concentrators are medical devices that provide supplemental oxygen to individuals with respiratory conditions such as COPD and asthma. These devices extract oxygen from the surrounding air, eliminating the need for bulky oxygen tanks. Compact and lightweight, they offer enhanced mobility and independence for patients requiring continuous oxygen therapy. Advances in battery technology and miniaturization have improved their efficiency and usability. The growing aging population and increasing prevalence of respiratory disorders are driving market demand for these devices.

List of the Key Players in the Portable Oxygen Concentrators Market:

Inogen, Inc., Koninklijke Philips N.V., Pure O2 Ltd, Belluscura, BPL Medical Technologies, GCE Group, Timago, CAIRE Inc., ResMed, and Invacare Corporation.

Industry Development:

In October 2024, Inogen, Inc. announced the U.S. market launch of the Inogen Rove 4 Portable Oxygen Concentrator. Designed for enhanced mobility, the Rove 4 features a fourth flow setting, delivering up to 840ml/min of medical-grade oxygen in a lightweight, user-friendly design weighing under 3 lbs. It offers three battery configurations, providing up to 5 hours and 45 minutes of operation. With its versatility, the Rove 4 empowers patients by offering flexible oxygen therapy options that support their daily activities.

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Growth Forecast Projected:

The Global Portable Oxygen Concentrators Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Portable Oxygen Concentrators Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Portable Oxygen Concentrators Market:

By Type: Continuous Flow, Pulse Dose

By Application: Asthma, COPD, Respiratory Distress Syndrome, Others

By End-User: Homecare, Travelers, Hospitals, Ambulatory Surgical Centers, Others

Regional Analysis for Portable Oxygen Concentrators Market:

The regional analysis of the Portable Oxygen Concentrators Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Portable Oxygen Concentrators market?

➠ Who are the leading manufacturers in the global Portable Oxygen Concentrators industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Portable Oxygen Concentrators industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Portable Oxygen Concentrators market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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