North America Portable Oxygen Concentrators Market Key
Players Profiles and Future Prospects 2027

The North America Portable Oxygen Concentrators Market is 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.

North America portable oxygen concentrators market Introduction

Portable oxygen concentrators (POCs) are medical devices designed to deliver supplemental oxygen to individuals with respiratory conditions requiring higher oxygen levels than naturally present in the air. Unlike stationary home oxygen concentrators (OCs), POCs are compact and lightweight, offering enhanced mobility. This portability empowers patients to maintain an active lifestyle by enabling them to carry their oxygen source, thus promoting independence and a better quality of life.

North America portable oxygen concentrators market Strategic Insights

Strategic insights for the North America portable oxygen concentrators market provide a data-driven analysis of the industry's dynamics, encompassing prevailing trends, prominent market participants, and specific regional characteristics. These insights offer actionable recommendations, allowing stakeholders to gain a competitive edge by identifying unaddressed market segments or formulating distinctive value propositions. By leveraging data analytics, these insights assist industry players, including investors and manufacturers, in anticipating market fluctuations. A forward-looking approach is crucial, enabling stakeholders to proactively respond to market shifts and establish a strong position for sustained success within this evolving region. Ultimately, effective strategic insights empower readers to make well-informed decisions that foster profitability and achieve their business goals within the North America portable oxygen concentrators market.

North America Portable Oxygen Concentrators Regional Insights

The geographical scope of the North American portable oxygen concentrators market defines the specific regions in which businesses operate and compete. Understanding localized nuances, such as varying consumer preferences (e.g., demand for specific plug types or battery life), diverse economic conditions, and differing regulatory frameworks, is essential for tailoring market strategies. Businesses can broaden their market presence by identifying underserved areas or adapting their product offerings to meet local requirements. A focused market approach allows for more efficient resource allocation, targeted marketing initiatives, and improved positioning relative to local competitors, ultimately driving growth within those specific regions.

Key Market Segments

Based on product type, the North American portable oxygen concentrators market is segmented into:

• Continuous Flow: This segment held the largest market share in 2019.
• Pulse Flow: This segment is projected to experience the highest Compound Annual Growth Rate (CAGR) during the forecast period.

In terms of application, the market is segmented, with the Chronic Obstructive Pulmonary Disease (COPD) segment holding the largest market share and also anticipated to register the highest CAGR during the forecast period.

Regarding end-user, the home care settings segment is expected to hold both the largest market share and exhibit the fastest growth rate during the forecast period.

North America Portable Oxygen Concentrators Market – By Product

• Continuous Flow
• Pulse Flow

North America portable oxygen concentrators market By Application

• COPD
• Asthma
• Respiratory Distress Syndrome
• Others

North America portable oxygen concentrators market By End User

• Hospitals
• Homecare Settings
• Others

North America portable oxygen concentrators market By Country

• North America

• US
• Canada
• Mexico

North America portable oxygen concentrators market 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)

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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights