North America Portable Oxygen Concentrators Market

Market Introduction

A portable oxygen concentrators (POCs) are used to provide oxygen to patients who need greater oxygen levels to respire than that available in ambient air. These devices are comparable to concentrators with home oxygen (OC), but are smaller and can be transported easily. These devices enable patients to carry their oxygen tanks along with them and help them continue with their usual activities, thereby conferring  the freedom to pursue a normal lifestyle.

North America Portable Oxygen Concentrators Strategic Insights

Strategic insights for the North America Portable Oxygen Concentrators provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Portable Oxygen Concentrators Report Scope

North America Portable Oxygen Concentrators Regional Insights

The geographic scope of the North America Portable Oxygen Concentrators refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The North Americaportable oxygen concentrators marketis expected to reach US$ 1,315.42 million by 2027 from US$ 682.73 million in 2019. The market is estimated to grow at CAGR of 8.6% from 2020 to 2027. Factors such as growing prevalence of respiratory diseases and disorders and COVID-19 cases are likely to propel the growth of the market. However, high cost associated with the portable oxygen concentrators is the major factor hindering the market growth.

Key Market Segments

Based on product, the North America portable oxygen concentrators market is further segmented into continuous flow and pulse flow. The continuous flow segment held the larger share of the market in 2019; however, the pulse flow segment is anticipated to register the highest CAGR in the market during the forecast period.In terms of application, the COPD segment held the largest share of the marketand is  anticipated to register the highest CAGR in the market during the forecast period. Moreover, in terms of end user, the home care settingssegment is expected to hold the largest and fastest market share during the forecast period.

Major Sources and Companies Listed

Some of the major primary and secondary sources for North Americaportable oxygen concentratorsmarket included in the report areNational Center for Biotechnology Information (NCBI), National Cancer Institute (NCI),World Health Organization (WHO), and Ministry of Health and Prevention (MoHAP).

Reasons to buy the report

• To understand theNorth Americaportable oxygen concentratorsmarket landscape and identifymarket segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for the North Americaportable oxygen concentratorsmarket
• Efficiently plan M&A and partnership dealsin the North Americaportable oxygen concentratorsmarket by identifying market segments with the most promising probable sales
• Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the North Americaportable oxygen concentratorsmarket
• Obtain market revenue forecast for market by various segments from 2019 to 2027 inNorth America

North AmericaPortable Oxygen Concentrators Market –

ByProduct

• Continuous Flow
• Pulse Flow

By Application

• COPD
• Asthma
• Respiratory Distress Syndrome
• Others

By End User

• Hospitals
• Homecare Settings
• Others

By Country

• North America

• US
• Canada
• Mexico

Company Profiles

• Koninklijke Philips N.V
• Caire Inc. (Chart Industries)
• Inogen Inc.
• Invacare Corporation
• O2 Concepts
• Nidek Medical Products, Inc.
• Drive DeVilbiss International
• GCE Group
• Inova labs Inc. (ResMed)