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An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. Portable oxygen concentrators are small, lightweight and more convenient for the patients.
In fact, oxygen concentrators are rather simple devices. They operate on the principle of ‘rapid pressure swing adsorption’ of atmospheric nitrogen onto specific minerals and then venting the nitrogen. The filtered gas mixture is mainly oxygen and little other gasses like argon and CO2.
The main market for portable oxygen concentrators is the United States, which accounts for about 40% of the total market, followed by Europe, which accounts for 25%.
The major players are Invacare, Inogen, Chart (Airsep) and Philips, with the top three accounting for about 50% of the market.
Market Analysis and Insights: Global Portable Oxygen Concentrators Market
In 2020, the global Portable Oxygen Concentrators market size was US$ 870.2 million and it is expected to reach US$ 2085.5 million by the end of 2027, with a CAGR of 13.3% during 2021-2027.
Global Portable Oxygen Concentrators Scope and Market Size
Portable Oxygen Concentrators market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Portable Oxygen Concentrators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Portable Oxygen Concentrators market is segmented into
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Other
Segment by Application, the Portable Oxygen Concentrators market is segmented into
Traveling
Household
Other
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Portable Oxygen Concentrators Market Share Analysis
Portable Oxygen Concentrators market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Portable Oxygen Concentrators product introduction, recent developments, Portable Oxygen Concentrators sales by region, type, application and by sales channel.
The major companies include:
Inogen
Invacare
Philips Respironics
Chart (Airsep)
Inova Labs
Teijin
GCE Group
Drive Medical
Precision Medical
AVIC Jianghang
Foshan Kaiya
Beijing North Star
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