Portable oxygen concentrators or POCs are medical devices that use physical means to separate oxygen from the atmosphere in order to produce concentrated, medical-grade gas. Providing oxygen in low-resource environments, such as isolated areas, military combat zones, rural Emergency Medical Services (EMS), and during disasters, becomes costly and time-consuming.
Market Dynamics
Increasing launches of portable oxygen concentrators is expected to drive the market growth during the forecast period. For instance, in July 2020, OMRON Healthcare, an electronic company, launched portable Oxygen Concentrator which provides continuous supply of Oxygen (5L per minute) with over 90% high concentration output.
Increasing prevalence of respiratory disorders are expected to bolster growth of the U.S. & Asia Pacific portable medical oxygen concentrators market. For instance, an article published in Elsevier B.V., a Netherlands-based academic publishing company, in November 2022, the number of people with COPD in China was estimated to be 88.3 million in 2020 and projected to increase to 103.3 million by 2039.
Increasing availability of portable oxygen concentrators in the U.S. and Asia Pacific are expected to drive growth of market over the forecast period. For instance, in July 2021, Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, announced that it had signed its first U.S. distribution agreement for its X-PLO2R portable oxygen concentrator (POC) portfolio. The distributor, located on the East Coast of the U.S., is an established nationwide seller of supplemental oxygen equipment.
Key features of the study:
- This report provides an in-depth analysis of U.S. & Asia Pacific portable medical oxygen concentrators market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the U.S. & Asia pacific portable medical oxygen concentrators market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Chart industries, OxyGo HQ Florida, LLC, Koninklijke Philips N.V., ResMed Inc., Precision Medical, Inc, O2 CONCEPTS, LLC, GCE Group, Nidek Medical Product, Besco Medical Limited, CAIRE INC., BPL Medical Technologies, CONTEC MEDICAL SYSTEMS CO., LTD., NAREENA LIFESCIENCES PRIVATE LIMITED, Drive DeVilbiss Healthcare llc
- Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
- The U.S. & Asia Pacific portable medical oxygen concentrators market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the U.S. & Asia Pacific portable medical oxygen concentrators market.
Detailed Segmentation:
- U.S. & Asia Pacific Portable Medical Oxygen Concentrators Market, By Technology:
- Pulse Flow
- Continuous Flow
- U.S. & Asia Pacific Portable Medical Oxygen Concentrators Market, By Application:
- Chronic obstructive pulmonary disease (COPD)
- Asthma
- Respiratory Distress Syndrome
- Others
- U.S. & Asia Pacific Portable Medical Oxygen Concentrators Market, By End User:
- Hospitals
- Homecare Settings
- Ambulatory Surgical Centers
- Others (Research Centers, Academic Institutes, etc.)
- U.S. & Asia Pacific Portable Medical Oxygen Concentrators Market, By Region:
- U.S.
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Company Profiles
- Chart industries *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- OxyGo HQ Florida, LLC
- Koninklijke Philips N.V.,
- ResMed Inc
- Precision Medical, Inc
- O2 CONCEPTS LLC
- GCE Group
- Nidek Medical Product
- Besco Medical Limited
- CAIRE INC.
- BPL Medical Technologies
- CONTEC MEDICAL SYSTEMS CO., LTD.
- NAREENA LIFESCIENCES PRIVATE LIMITED
- Drive DeVilbiss Healthcare llc
“*” marked represents similar segmentation in other categories in the respective section.
