Press release
Portable Oxygen Concentrators Market: North America Estimated to Account for Maximum Value Share between 2016 and 2026
Albany, New York, 25 April 2017: Portable oxygen concentrator (POC) is a medical device used to supply oxygen to patients suffering from respiratory diseases. The concentrator separates nitrogen and oxygen from air in the environment and then discards the nitrogen and supplies 95% pure oxygen to patients through a mask. POCs are smaller as compared to stationary oxygen concentrators, allowing patients to easily carry the device. Apart from patients, POCs are also used by mountaineers and travellers in places where oxygen is inadequate.Request for Sample Report: http://www.mrrse.com/sample/2737
The global portable Oxygen Concentrator’s Market revenue is projected to reach a market valuation of US$ 1246.1 Mn by 2016 end and register a CAGR of 7.8% during the forecast period 2016-2026.
Increasing consumer awareness for oxygen therapy devices likely to boost market growth during the forecast period
The primary factors fuelling global demand for portable oxygen concentrators are an increasing prevalence of chronic obstructive pulmonary diseases, growing consumer awareness for oxygen therapy devices, a changing consumer lifestyle, adoption of new technologies, increased government expenditure, and a rise in investment by manufacturing companies towards the production of homecare products.
However, high product costs and stringent FDA regulations pertaining to medical devices are some of the factors likely to restrain the growth of the global portable oxygen concentrators market during the forecast period.
Pulse Flow Portable Oxygen Concentrator product segment projected to dominate the global portable oxygen concentrators market
The Pulse Flow Portable Oxygen Concentrator segment is estimated to account for a revenue share of 64.2% by the end of 2016. This segment is anticipated to create absolute $ opportunity of US$ 54.6 Mn in 2017 over 2016. The Continuous Flow Portable Oxygen Concentrator segment is expected to witness a CAGR of 5.3% in terms of value over the forecast period.
Homecare end user segment projected to dominate the global portable oxygen concentrators market in terms of value
The Homecare segment is estimated to account for more than 60% value share of the global portable oxygen concentrators market by 2016 end, which is expected to increase further by the end of 2026. The Hospitals segment is expected to register a CAGR of 9% in terms of value over the forecast period.
North America estimated to account for maximum value share of the global portable oxygen concentrators market throughout the forecast period
Increased prevalence of chronic obstructive pulmonary diseases and rising technological advancements is expected to result in significant growth of the portable oxygen concentrators market in the North America region, which is estimated to account for 40.9% revenue share in 2016. By product type, the Pulse Flow Portable Oxygen Concentrator segment is forecast to be the most attractive segment in the North America portable oxygen concentrators market over the forecast period. By end user type, the Homecare segment is forecast to be the most attractive segment in the North America portable oxygen concentrators market over the forecast period. The Western Europe market is anticipated to register a CAGR of 6.7% over the forecast period owing to an increasing prevalence of chronic obstructive pulmonary diseases. Increasing preference of interventional cardiologists for nonsurgical procedures is expected to drive the growth of the portable oxygen concentrators market in Western Europe over the forecast period.
Leading market players are focussing on product innovation through strategic global market collaborations
Some of the top companies operating in the global portable oxygen concentrators market are Koninklijke Philips N.V., Inogen Inc., Chart Industries Inc., Resmed Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Precision Medical Inc., Besco Medical Co. Ltd., Oxus America, Inc. (Oxus), Foshan Keyhub Electronic Industries Co. Ltd., O2 Concepts LLC, and GCE Group. Some of these companies are adopting an inorganic growth strategy in the form of strategic acquisitions and investments to expand their product portfolio, geographic reach, and manufacturing capabilities.
Browse Full Report with TOC: http://www.mrrse.com/portable-oxygen-concentrators-market
The global market for portable oxygen concentrators is consolidated with few key players dominating the market. The top four players contribute around 75% of the market. Koninklijke Philips N.V. holds the maximum share of around 40%.
About Us
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact
State Tower
90, State Street
Suite 700
Albany, NY – 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Follow Us on LinkedIn-https://www.linkedin.com/company/mrrse
Follow Us On Twitter-https://twitter.com/MRRSEmrrse
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: North America Estimated to Account for Maximum Value Share between 2016 and 2026 here
News-ID: 513169 • Views: …
More Releases from Market Research Reports - MRRSE

Global Dairy Market Will Reach Value of US$ 9,570 Mn by 2022
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Dairy Alternatives Market: North America to dominate the market throughout the assessment period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)”.
Click here For Free Sample Report @ https://www.mrrse.com/sample/3558
The dairy alternatives market is growing at a steady pace the…

Civilian Less Lethal and Self Defense Weapons Market Valued at US$82.16 Million …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Civilian Less Lethal and Self Defense Weapons Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”…
Click here For Free Sample Report @ https://www.mrrse.com/sample/1764
Less lethal and self-defense weapons also known as “non-lethal” weapons are growing in demand…

Market Research on Biosimulation Market To Worth US$ 1,750 Million in 2022
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Market Study on Biosimulation: North America to Dominate the Market in Terms of Revenue During the Forecast Period (2017 - 2022)”...
Request Free Sample Report @ https://www.mrrse.com/sample/3772
Biosimulation is a technique in which computer programs are used for the simulation of biological processes.…

Antiviral Medicine Market Anticipate it to Increase to US$82.9 bn by 2024
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Antiviral Medicine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” …
Request Free Sample Report @ https://www.mrrse.com/sample/2551
With the significant increase in the incidence of viral infections, the global antiviral medicine market is witnessing a substantial rise in…
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…