Portable Oxygen Concentrators Market - Set to Exhibit Momentous Revenue Share at US$ 2,482.0 Million by 2026
This report analyzes the current and future scenario of the global portable oxygen concentrators market for the period 2018 to 2026. Rise in chronic obstructive pulmonary disease (COPD), geriatric population, technological advancements, increase in healthcare expenditure, and surge in the demand for portable oxygen concentrators while traveling and its preference in homecare settings are likely to be major drivers of the global portable oxygen concentrators market during the forecast period.
Albany, NY -- (SBWire) -- 04/08/2019 --A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled "Portable Oxygen Concentrators Market - Set to Exhibit Momentous Revenue Share at US$ 2,482.0 Million by 2026" which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The global portable oxygen concentrators market report comprises an elaborate executive summary, including a snapshot that provides information on various segments of the market. It also provides information and data analysis of the global market with respect to segments based on product, indication, end-user, and region. A detailed qualitative analysis of drivers, restraints, and opportunities of the market has been provided in the market overview section. Additionally, the section comprises competitive matrix and profiles of key market players, along with a business overview, to project the competitive landscape of the market. The section also provides market attractiveness analysis based on region and market share analysis in terms of key players, thereby presenting a thorough analysis of the overall competitive scenario in the global portable oxygen concentrators market.
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The global portable oxygen concentrators market is expected to reach a value of about US$ 2,482.0 Mn by the end of 2026, expanding at a high single-digit CAGR during the forecast period. The rise in geriatric population, increase in incidence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), adoption and awareness of portable oxygen concentrator (POC) products, improvement in healthcare infrastructure, and strong reimbursement policies are expected to boost the global portable oxygen concentrators market during the forecast period. Surge in the development of portable oxygen concentrators utilized for certain indications, such as improvement of sleep during severe asthma, pulmonary hypertension, cystic fibrosis, and during heart failure, is expected to propel the global portable oxygen concentrators market during the forecast period. The future of portable oxygen concentrator is bright, owing to the demand for lighter technology by customers, new competitors launching their portable oxygen concentrators in the market, and the POC support to provide mobility freedom to the geriatric patient population. However, the high cost of portable oxygen concentrators and poor reimbursement in some developing countries are expected to hamper the portable oxygen concentrators market.
Based on product, the global portable oxygen concentrators market has been segmented into pulse flow and continuous flow. The segments have been analyzed based on available portable oxygen concentrators types used as per its technology and functionality. In terms of indication, the global portable oxygen concentrators market has been classified into COPD, asthma, sleep apnea and others. Based on end-user, the global portable oxygen concentrators market has been divided into homecare, travel, hospital, and others. Market size and forecast for each of these segments have been provided for the period 2018 to 2026, along with their respective CAGR for the forecast period 2016 to 2026, considering 2017 as the base year.
In terms of region, the global portable oxygen concentrators market has been segmented into five major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (South Africa, GCC Countries, and Rest of Middle East & Africa). Market size and forecast for each of these regions and the mentioned countries have been provided for the period 2018 to 2026, along with their respective CAGR for the forecast period 2016 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.
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The report also profiles major players operating in the global portable oxygen concentrators market based on various attributes, such as company overview, financial overview, product portfolio, business strategies, and recent developments. The players covered in the report include ResMed, Invacare Corporation, Medical Depot, Inc. dba DeVilbiss Healthcare, Precision Medical, Inc., O2 Concepts, LLC. , GCE Group, CAIRE Inc. (Chart Industries), Inogen, Besco Medical Co., LTD, and Koninklijke Philips N.V.
The global portable oxygen concentrators market has been segmented as below:
Global Portable Oxygen Concentrators Market, by Product
Pulse Flow
Continuous Flow
Global Portable Oxygen Concentrators Market, by Indication
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Sleep Apnea
Others
Global Portable Oxygen Concentrators Market, by End-user
Homecare
Travel
Hospital
Others
Global Portable Oxygen Concentrators, by Region
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
South Africa
GCC Countries
Rest of Middle East & Africa
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