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Portable Oxygen Concentrators Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 136
  • SKU: IRTNTR73002
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The portable oxygen concentrators market share is expected to increase by USD 1.51 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.52%.

This portable oxygen concentrators market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers portable oxygen concentrators market segmentation by product (pulse dose and continuous flow) and geography (North America, Europe, Asia, and Rest of World (ROW)). The portable oxygen concentrators market report also offers information on several market vendors, including Chart Industries Inc., Colfax Corp., Drive DeVilbiss Healthcare, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Mediniq Healthcare Pvt. Ltd., NGK SPARK PLUG Co. Ltd., O2 Concepts LLC, Precision Medical Inc., ResMed Inc., Teijin Ltd., Zhengzhou Olive Electronic Technology Co. Ltd., and Nidek Medical India Pvt. Ltd. among others.

What will the Portable Oxygen Concentrators Market Size be During the Forecast Period?

Portable Oxygen Concentrators Market Size

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Portable Oxygen Concentrators Market: Key Drivers, Trends, and Challenges

The increasing prevalence of respiratory diseases is notably driving the portable oxygen concentrators market growth, although factors such as high cost of portable oxygen concentrators may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the portable oxygen concentrators industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Portable Oxygen Concentrators Market Driver

One of the key factors driving the global portable oxygen concentrators market growth is the increasing prevalence of respiratory diseases. For instance, according to the NIH, in 2021, in the US, around 16 million people were diagnosed with COPD. Although COPD is not curable, medical and physical treatments are available to relieve symptoms, improve the capacity to exercise, improve the quality of life, and reduce the risk of death. Long-term oxygen is given to patients with conditions of chronically low oxygen, such as severe COPD or cystic fibrosis. Oxygen concentrators are the most common oxygen therapy equipment that is user-friendly when compared with oxygen tanks. Portable oxygen concentrators such as the Invacare SOLO2 offer the delivery of oxygen in pulse and continuous flow modes, thereby making it possible to travel with ease, and are approved by the Federal Aviation Regulations (FAR) for use on passenger aircraft. Such factors will support the market growth in the coming years.

Key Portable Oxygen Concentrators Market Trend

The prevailing presence of assisted living facilities and home-care settings is one of the key portable oxygen concentrators market trends that is expected to impact the industry positively in the forecast period. For instance, the US has many assisted living facilities such as Aegis Living, Integral Senior Living, American House, and Americare Senior Living. Similarly, India also has Epoch Elder Care and Ashiana Housing. India has many other home-care settings such as HealthCare atHOME, which is a joint venture between the Burman family, the promoters of Dabur, and the founders of HCAH, UK. Furthermore, India has many start-ups such as Zoctr and Care24 that are transforming home healthcare. Companies such as Chart Industries develop an AirSep FreeStyle portable oxygen concentrator for home-care settings. Such factors will further support the market growth in the coming years.

Key Portable Oxygen Concentrators Market Challenge

One of the key challenges to the global portable oxygen concentrators market growth is the high cost of portable oxygen concentrators. The technological advances and new features of portable oxygen concentrators increase their cost. As a result, customers may opt for rented oxygen concentrators. Renting reduces the adoption of the recently launched portable oxygen concentrators. This can decrease the sales of advanced products, which could incur losses for the manufacturers. Technological advancements, such as long-lasting battery life, compact size, and the device's ability to purify oxygen and deliver it, increase the cost of the products. This may hinder the growth of the global portable oxygen concentrators market during the forecast period

This portable oxygen concentrators market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global portable oxygen concentrators market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the portable oxygen concentrators market during the forecast period.

Who are the Major Portable Oxygen Concentrators Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Chart Industries Inc.
  • Colfax Corp.
  • Drive DeVilbiss Healthcare
  • Inogen Inc.
  • Invacare Corp.
  • Koninklijke Philips NV
  • Mediniq Healthcare Pvt. Ltd.
  • NGK SPARK PLUG Co. Ltd.
  • O2 Concepts LLC
  • Precision Medical Inc.
  • ResMed Inc.
  • Teijin Ltd.
  • Zhengzhou Olive Electronic Technology Co. Ltd.
  • Nidek Medical India Pvt. Ltd.

 

This statistical study of the portable oxygen concentrators market encompasses successful business strategies deployed by the key vendors. The portable oxygen concentrators market is fragmented and the vendors are deploying growth strategies such as M and A activities to compete in the market.

Product Insights and News

  • Chart Industries Inc. - The company offers portable oxygen concentrators to supply supplemental oxygen to users suffering from discomfort due to ailments, which affect the efficiency of the lungs, under the brand name FreeStyle. 
  • Chart Industries Inc.- In 2021, the company signed a Memorandum of Understanding with Hylium for the supply of liquid hydrogen trailers in the Republic of Korea. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The portable oxygen concentrators market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Portable Oxygen Concentrators Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the portable oxygen concentrators market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Portable Oxygen Concentrators Market?

Portable Oxygen Concentrators Market Market segmentation by region

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39% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for portable oxygen concentrators market in North America. Market growth in this region will be faster than the growth of the market in Rest of World (ROW).

Advanced healthcare facilities, rising healthcare spending, and the presence of government bodies, such as Medicaid, that help with medical costs for individuals with limited income and resources will facilitate the portable oxygen concentrators market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The increasing incidence of COVID-19 in the countries of North America has driven the demand for medical oxygen concentrators among healthcare facilities, which has boosted the market growth in the region. The number of COVID-19 cases reported in various countries in North America was also increased significantly in 2020. Patients with COVID-19 experience respiratory distress or shortness of breath. Oxygen concentrators are used by healthcare professionals to provide the required oxygen therapy to these patients. If COVID-19 persists, the demand for portable oxygen concentrators is expected to increase, which, in turn, will drive the growth of the regional market during the forecast period.

What are the Revenue-generating Product Segments in the Portable Oxygen Concentrators Market?

Portable Oxygen Concentrators Market Segmentation

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The portable oxygen concentrators market share growth by the pulse dose segment will be significant during the forecast period. Pulse dose portable oxygen concentrators are lightweight and easy to use. The lightweight makes them more compact than the continuous flow portable oxygen concentrators. This feature also makes it easier for it to be carried around compared with the continuous flow portable oxygen concentrators. Such factors will support the segment growth in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the portable oxygen concentrators market size and actionable market insights on post COVID-19 impact on each segment.

 

Portable Oxygen Concentrators Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.52%

Market growth 2022-2026

$ 1.51 billion

Market structure

Fragmented

YoY growth (%)

8.8

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 39%

Key consumer countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Chart Industries Inc., Colfax Corp., Drive DeVilbiss Healthcare, Inogen Inc., Invacare Corp., Koninklijke Philips NV, Mediniq Healthcare Pvt. Ltd., NGK SPARK PLUG Co. Ltd., O2 Concepts LLC, Precision Medical Inc., ResMed Inc., Teijin Ltd., Zhengzhou Olive Electronic Technology Co. Ltd., and Nidek Medical India Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Portable Oxygen Concentrators Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive portable oxygen concentrators market growth during the next five years
  • Precise estimation of the portable oxygen concentrators market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the portable oxygen concentrators industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of portable oxygen concentrators market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Pulse dose - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Pulse dose - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Pulse dose - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Pulse dose - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Pulse dose - Year-over-year growth 2021-2026 (%)
    • 5.4 Continuous flow - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Continuous flow - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Continuous flow - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Continuous flow - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Continuous flow - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 78: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 81: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 82: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 83: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 84: Matrix on vendor position and classification
            • 10.3 Chart Industries Inc.
              • Exhibit 85: Chart Industries Inc. - Overview
              • Exhibit 86: Chart Industries Inc. - Business segments
              • Exhibit 87: Chart Industries Inc. - Key news
              • Exhibit 88: Chart Industries Inc. - Key offerings
              • Exhibit 89: Chart Industries Inc. - Segment focus
            • 10.4 Colfax Corp.
              • Exhibit 90: Colfax Corp. - Overview
              • Exhibit 91: Colfax Corp. - Business segments
              • Exhibit 92: Colfax Corp. - Key news
              • Exhibit 93: Colfax Corp. - Key offerings
              • Exhibit 94: Colfax Corp. - Segment focus
            • 10.5 Drive DeVilbiss Healthcare
              • Exhibit 95: Drive DeVilbiss Healthcare - Overview
              • Exhibit 96: Drive DeVilbiss Healthcare - Product / Service
              • Exhibit 97: Drive DeVilbiss Healthcare - Key offerings
            • 10.6 Inogen Inc.
              • Exhibit 98: Inogen Inc. - Overview
              • Exhibit 99: Inogen Inc. - Business segments
              • Exhibit 100: Inogen Inc. - Key news
              • Exhibit 101: Inogen Inc. - Key offerings
              • Exhibit 102: Inogen Inc. - Segment focus
            • 10.7 Invacare Corp.
              • Exhibit 103: Invacare Corp. - Overview
              • Exhibit 104: Invacare Corp. - Business segments
              • Exhibit 105: Invacare Corp. - Key news
              • Exhibit 106: Invacare Corp. - Key offerings
              • Exhibit 107: Invacare Corp. - Segment focus
            • 10.8 Koninklijke Philips NV
              • Exhibit 108: Koninklijke Philips NV - Overview
              • Exhibit 109: Koninklijke Philips NV - Business segments
              • Exhibit 110: Koninklijke Philips NV - Key news
              • Exhibit 111: Koninklijke Philips NV - Key offerings
              • Exhibit 112: Koninklijke Philips NV - Segment focus
            • 10.9 Mediniq Healthcare Pvt. Ltd.
              • Exhibit 113: Mediniq Healthcare Pvt. Ltd. - Overview
              • Exhibit 114: Mediniq Healthcare Pvt. Ltd. - Business segments
              • Exhibit 115: Mediniq Healthcare Pvt. Ltd. - Key offerings
              • Exhibit 116: Mediniq Healthcare Pvt. Ltd. - Segment focus
            • 10.10 Precision Medical Inc.
              • Exhibit 117: Precision Medical Inc. - Overview
              • Exhibit 118: Precision Medical Inc. - Product / Service
              • Exhibit 119: Precision Medical Inc. - Key offerings
            • 10.11 ResMed Inc.
              • Exhibit 120: ResMed Inc. - Overview
              • Exhibit 121: ResMed Inc. - Business segments
              • Exhibit 122: ResMed Inc. - Key news
              • Exhibit 123: ResMed Inc. - Key offerings
              • Exhibit 124: ResMed Inc. - Segment focus
            • 10.12 Zhengzhou Olive Electronic Technology Co. Ltd.
              • Exhibit 125: Zhengzhou Olive Electronic Technology Co. Ltd. - Overview
              • Exhibit 126: Zhengzhou Olive Electronic Technology Co. Ltd. - Product / Service
              • Exhibit 127: Zhengzhou Olive Electronic Technology Co. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 128: Inclusions checklist
                • Exhibit 129: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 130: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 131: Research methodology
                • Exhibit 132: Validation techniques employed for market sizing
                • Exhibit 133: Information sources
              • 11.5 List of abbreviations
                • Exhibit 134: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Portable Oxygen Concentrators market growth will increase by $1517.89 million during 2022-2026.
              The portable oxygen concentrators market is expected to grow at a CAGR of 12.52% during 2022-2026.
              Technavio has segmented the portable oxygen concentrators market by product (Pulse dose and Continuous flow) and geographic (North America, Europe, Asia, and Rest of World (ROW)).
              Chart Industries Inc., Colfax Corp., Drive DeVilbiss Healthcare, Inogen Inc., Invacare?áCorp., Koninklijke Philips NV, Mediniq Healthcare Pvt. Ltd., NGK SPARK PLUG Co. Ltd., O2 Concepts LLC, Precision Medical Inc., ResMed Inc., Teijin Ltd., Zhengzhou Olive Electronic Technology Co. Ltd., Nidek Medical India Pvt. Ltd. are a few of the key vendors in the portable oxygen concentrators market.
              North America will register the highest growth rate of 39.05% among the other regions. Therefore, the portable oxygen concentrators market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the portable oxygen concentrators market growth are:
              • Increasing prevalence of respiratory diseases
              • Prevailing presence of assisted living facility and home-care settings
              The portable oxygen concentrators market vendors should focus on grabbing business opportunities from the pulse dose segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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