PUBLISHER: Lucintel | PRODUCT CODE: 1300756
PUBLISHER: Lucintel | PRODUCT CODE: 1300756
The future of the global portable oxygen concentrator market looks promising with opportunities in the home care and non-home care markets. The global portable oxygen concentrator market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 8% from 2023 to 2028. The major drivers for this market are growing geriatric population, increasing prevalence of respiratory distress syndrome and asthma prevalence, and increasing inclination from traditional cylinders to portable oxygen cylinders across the globe.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global portable oxygen concentrator market by application, technology, end use, and region, as follows:
Portable Oxygen Concentrator Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Portable Oxygen Concentrator Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:
Portable Oxygen Concentrator Market by End Use [Value ($B) Shipment Analysis from 2017 to 2028]:
Portable Oxygen Concentrator Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies portable oxygen concentrator companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the portable oxygen concentrator companies profiled in this report include.
FAQ
Q1. What is the portable oxygen concentrator market size?
Answer: The global portable oxygen concentrator market is expected to reach an estimated $2.7 billion by 2028.
Q2. What is the growth forecast for portable oxygen concentrator market?
Answer: The global portable oxygen concentrator market is expected to grow with a CAGR of 8% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the portable oxygen concentrator market?
Answer: The major drivers for this market are growing geriatric population, increasing prevalence of respiratory distress syndrome and asthma prevalence, and increasing inclination from traditional cylinders to portable oxygen cylinders across the globe.
Q4. What are the major segments for portable oxygen concentrator market?
Answer: The future of the portable oxygen concentrator market looks promising with opportunities in the home care and non-home care markets.
Q5. Who are the key portable oxygen concentrator companies?
Answer: Some of the key portable oxygen concentrator companies are as follows:
Q6. Which portable oxygen concentrator segment will be the largest in future?
Answer:Lucintel forecasts that continuous flow will remain the larger segment over the forecast period due to the increasing number of people suffering from respiratory diseases and growing acceptance of technological developments.
Q7. In portable oxygen concentrator market, which region is expected to be the largest in next 5 years?
Answer:North America will remain the largest region due to the increasing cases of COPD and other respiratory diseases, growing awareness on advanced treatment methods, and presence of well-established healthcare infrastructure.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.