Press release
Portable Oxygen Concentrators Market reached US$ 2.09 billion in 2023 and is expected to reach US$ 5.06 billion by 2031 - Top Companies are Inogen, Inc., Koninklijke Philips N.V., Pure O2 Ltd.
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 is thoroughly examined in the DataM Intelligence study, offering a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players, analyzing their product portfolios, pricing strategies, financial performance, and expansion efforts. It provides a clear understanding of market dynamics, competitive positioning, and anticipated trends shaping the future of the industry.
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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.
Portable Oxygen Concentrators 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.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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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
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Portable Oxygen Concentrators Market:
⇥ 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
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Portable Oxygen Concentrators market?
➠ Who are the global key manufacturers of the Portable Oxygen Concentrators Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Portable Oxygen Concentrators market opportunities and threats faced by the vendors in the global Portable Oxygen Concentrators Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Portable Oxygen Concentrators market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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