Portable Oxygen Concentrators Market

Market Synopsis

Portable oxygen concentrators market to exhibit productive growth during the forecast period

The global portable oxygen concentrators market was valued at US$ 914.2 Mn in 2017 and expected to reach US$ 2,101.3 Mn by 2026. Increasing prevalence for respiratory diseases, COPD, asthma along with growing elderly population and commercialization of new medical devices drive the portable oxygen concentrators market. Evolution from traditional cylinders to lightweight table top medical devices have also brought significant changes in the prevailing market trends. Expansion of new products offerings via direct sales and building distribution network worldwide mainly in the Asia Pacific will also open significant growth opportunities.

Pulse flow technology segment is expected to register higher growth by the end of 2026

Continuous flow portable oxygen concentrators segment is expanding significantly, mainly in the Asia Pacific, Middle East & Africa (MEA) and Europe. The pulse flow type dominates the global market (in terms of value) owing to better energy-efficiency and longer battery life. Wide range of portable oxygen concentrators incorporate advantages such as reduced size, enhanced mobility, and sophisticated oxygen capacity suitable for all conditions and are increasingly utilized by specialty medical professionals. Other factors include growing awareness and increasing patient admissions for COPD, progress in efficiencies of multispecialty hospitals, homecare settings and clinics across emerging nations.

COPD in the indication segment generated a significant revenue share in 2018

COPD in the indication segment contributes a major share in the global the market in 2018 and will continue its prominence during the forecast period. Top firms are focusing on lightweight portable devices for pediatric and elderly patients along with mobile oxygen supply with wireless connections to the patients suffering from COPD. Additionally increasing incidences for acute respiratory distress syndrome, occupational lung diseases, infectious diseases and other chronic disorders along with obesity will upsurge the global demand.

The homecare segment is expected to register higher growth by the end of 2026

As per the WHO and the Global Burden of Disease Study statistics, the prevalence of COPD was more than 250 million in 2016. Growing population along with the augmenting prevalence of respiratory disorders will drive the market growth in the end user segment. Homecare settings will grow significantly during the forecast period due to advantages such as better care from skilled professionals and reduced cost in long-term care. New trends for air ambulance (traveling), mobile medical clinics (provide various treatments for conditions such as cardiac, lungs, and trauma) and point of care settings will further drive the demand in future.

Increasing prevalence of COPD along with commercialization of new products internationally will drive the market growth

The U.S. generated the largest revenue in the global portable oxygen concentrators market, due to the presence of top manufacturers along with huge elderly population diagnosed with COPD, sleep apnea, and various chronic respiratory disorders. Additionally, rapid commercialization of novel portable devices would further drive the global market. Increasing medical tourism along with enormous population in the Asia Pacific (India and China), and improving reimbursement structure internationally will drive the market growth.

Dominance of multinational manufacturers with strong product portfolio in the developed regions

Major players in the portable oxygen concentrators market are Koninklijke Philips N.V., Invacare Corporation, Medical Depot, Inc., Precision Medical, Inc., Inogen, Inc. O2 Concenpts, LLC, CAIRE, Inc., GCE Group, Besco Medial Co., LTD, Nidek Medical, OSI Systems, Smiths Medical, Inc. and others. Acquisitions along with new device launch are strategic initiatives executed by commercial players to reinforce their geographical range and sustain position in the global market. For instance, in November 2016, Chart Industries launched the Respiratory Center-of-Excellence in the U.S. for additional manufacturing and delivering inventive and novel respiratory products.

Historical & Forecast Period

This study report represents analysis for each segment from 2016 to 2026 considering 2017 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall portable oxygen concentrators market. Additionally, the global report comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.

Company Snapshot 

• Koninklijke Philips N.V. produces a range of healthcare products, including portable oxygen concentrators, as well as consumer lifestyle and lighting products.
• Inogen is a medical device company that specializes in the design and manufacture of portable oxygen concentrators for use by individuals with respiratory conditions.
• Chart Industries is a global engineering and manufacturing company that serves the energy and industrial gas markets. It provides a range of products and services for the storage, distribution, and end-use of gases, including cryogenic equipment and systems for the healthcare industry. While Chart Industries does not produce portable oxygen concentrators, it may produce other medical gas equipment that is used in the production of oxygen for use in POCs.
• ResMed is a medical equipment company that focuses on the development and manufacture of devices and software solutions for the diagnosis, treatment, and management of sleep-disordered breathing and other respiratory disorders. While ResMed does not produce portable oxygen concentrators, it may produce other respiratory equipment, such as continuous positive airway pressure (CPAP) machines, which are used to treat sleep apnea.
• Invacare is a manufacturer of home medical equipment and supplies, including wheelchairs, oxygen equipment, and other respiratory products. The company produces a range of portable oxygen concentrators for use by individuals with respiratory conditions.
• Drive DeVilbiss Healthcare is a manufacturer and distributor of home healthcare products, including mobility aids, respiratory equipment, and other medical products. The company produces a range of portable oxygen concentrators for use by individuals with respiratory conditions.
• Precision Medical is a manufacturer of medical gas equipment and supplies, including oxygen concentrators and other respiratory products. The company produces portable oxygen concentrators for use by individuals with respiratory conditions.
• Besco Medical is a medical equipment manufacturer and supplier based in China that produces a range of products for the healthcare industry, including hospital beds, wheelchairs, and respiratory equipment. While the company does not specifically produce portable oxygen concentrators, it may produce other respiratory equipment.
• Oxus America is a manufacturer of portable oxygen concentrators and other respiratory products for use by individuals with respiratory conditions.
• Foshan Keyhub Electronic Industries is a Chinese company that produces electronic products, including oxygen concentrators and other respiratory equipment. It is not clear whether the company specifically produces portable oxygen concentrators.
• O2 Concepts is a medical device company that specialized in the design and manufacture of portable oxygen concentrators for use by individuals with respiratory conditions.
• GCE Group is a Swedish company that provides gas equipment and solutions for a variety of industries, including healthcare, research, and manufacturing. Its products and services include oxygen concentrators and other respiratory equipment. It is not clear whether the company specifically produces portable oxygen concentrators.

Company Location Services/Innovation

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Market Segmentation
1.3. Research Scope
1.4. Research Methodology
1.4.1. Phase I – Secondary Research
1.4.2. Phase II – Primary Research
1.4.3. Phase III – Expert Panel Review
1.4.4. Assumptions
1.5. Market Segmentation

Chapter 2. Executive Summary
2.1. Global POC Market Portraiture
2.2. Global POC Market, by Type, 2017 (US$ Mn)
2.3. Global POC Market, by Indication, 2017 (US$ Mn)
2.4. Global POC Market, by End User, 2017 (US$ Mn)
2.5. Global POC Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Portable Oxygen Concentrators (POC) Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Market Trends
3.3. Current Scenario: Mergers & New Product Launches
3.4. Drivers
3.5. Challenges
3.6. Opportunities
3.7. Attractive Investment Proposition, by Geography, 2017
3.8. Competitive Landscape, by Key Players, 2017

Chapter 4. Global Portable Oxygen Concentrators (POC) Market, by Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Continuous Flow
4.3. Pulse Flow

Chapter 5. Global Portable Oxygen Concentrators (POC) Market, by Indication, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. COPD
5.3. Asthma
5.4. Sleep Apnea
5.5. Others (Respiratory Distress Syndrome, etc.)

Chapter 6. Global Portable Oxygen Concentrators (POC) Market, by End User, 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. Hospitals
6.3. Homecare Settings
6.4. Others (Travel, Private Clinics, etc.)

Chapter 7. Global Portable Oxygen Concentrators (POC) Market, by Geography, 2016 – 2026 (US$ Mn)
7.1. Overview
7.2. North America POC Market Analysis, 2016 – 2026
7.2.1. North America POC Market, by Type, 2016 – 2026 (US$ Mn)
7.2.2. North America POC Market, by Indication, 2016 – 2026 (US$ Mn)
7.2.3. North America POC Market, by End User, 2016 – 2026 (US$ Mn)
7.2.4. North America POC Market, by Country, 2016 – 2026 (US$ Mn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe POC Market Analysis, 2016 – 2026
7.3.1. Europe POC Market, by Type, 2016 – 2026 (US$ Mn)
7.3.2. Europe POC Market, by Indication, 2016 – 2026 (US$ Mn)
7.3.3. Europe POC Market, by End User, 2016 – 2026 (US$ Mn)
7.3.4. Europe POC Market, by Country, 2016 – 2026 (US$ Mn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. Rest of Europe
7.4. Asia Pacific POC Market Analysis, 2016 – 2026
7.4.1. Asia Pacific POC Market, by Type, 2016 – 2026 (US$ Mn)
7.4.2. Asia Pacific POC Market, by Indication, 2016 – 2026 (US$ Mn)
7.4.3. Asia Pacific POC Market, by End User, 2016 – 2026 (US$ Mn)
7.4.4. Asia Pacific POC Market, by Country, 2016 – 2026 (US$ Mn)
7.4.4.1. Japan
7.4.4.2. China
7.4.4.3. Rest of APAC
7.5. Latin America POC Market Analysis, 2016 – 2026
7.5.1. Latin America POC Market, by Type, 2016 – 2026 (US$ Mn)
7.5.2. Latin America POC Market, by Indication, 2016 – 2026 (US$ Mn)
7.5.3. Latin America POC Market, by End User, 2016 – 2026 (US$ Mn)
7.5.4. Latin America POC Market, by Country, 2016 – 2026 (US$ Mn)
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) POC Market Analysis, 2016 – 2026
7.6.1. MEA POC Market, by Type, 2016 – 2026 (US$ Mn)
7.6.2. MEA POC Market, by Indication, 2016 – 2026 (US$ Mn)
7.6.3. MEA POC Market, by End User, 2016 – 2026 (US$ Mn)
7.6.4. MEA POC Market, by Region, 2016 – 2026 (US$ Mn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. Koninklijke Philips N.V.
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Key Developments
8.2. Invacare Corporation
8.3. Medical Depot, Inc.
8.4. Precision Medical, Inc.
8.5. Inogen, Inc.
8.6. O2 Concenpts, LLC
8.7. CAIRE, Inc.
8.8. GCE Group
8.9. Besco Medial Co., LTD
8.10. Nidek Medical
8.11. OSI Systems
8.12. Smiths Medical, Inc.

List of Figures

FIG. 1 : Global Portable Oxygen Concentrators (POC) Market: Research Methodology
FIG. 2 : Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 : Global POC Market Segmentation
FIG. 4 : Global POC Market, by Type, 2017 (US$ Mn)
FIG. 5 : Global POC Market, by Indication, 2017 (US$ Mn)
FIG. 6 : Global POC Market, by End User, 2017 (US$ Mn)
FIG. 7 : Global POC Market, by Geography, 2017 (US$ Mn)
FIG. 8 : Attractive Investment Proposition, by Geography, 2017
FIG. 9 : Global Market Positioning of Key POC Manufacturers, 2017
FIG. 10 : Global Continuous Flow Type POC Market, 2016–2026 (US$ Mn)
FIG. 11 : Global Pulse Flow POC Market, 2016–2026 (US$ Mn)
FIG. 12 : Global POC for COPD Market, 2016–2026 (US$ Mn)
FIG. 13 : Global POC for Asthma Market, 2016–2026 (US$ Mn)
FIG. 14 : Global POC for Sleep Apnea Market, 2016–2026 (US$ Mn)
FIG. 15 : Global POC for Other Indications Market, 2016–2026 (US$ Mn)
FIG. 16 : Global POC Market in Hospitals, 2016–2026 (US$ Mn)
FIG. 17 : Global POC in Home Care Settings, 2016–2026 (US$ Mn)
FIG. 18 : Global POC in Other (Travel, Private Clinics) End User, 2016–2026 (US$ Mn)
FIG. 19 : U.S. POC Market, 2016–2026 (US$ Mn)
FIG. 20 : Canada POC Market, 2016–2026 (US$ Mn)
FIG. 21 : U.K. POC Market, 2016–2026 (US$ Mn)
FIG. 22 : Germany POC Market, 2016–2026 (US$ Mn)
FIG. 23 : Rest of Europe POC Market, 2016–2026 (US$ Mn)
FIG. 24 : Japan POC Market, 2016–2026 (US$ Mn)
FIG. 25 : China POC Market, 2016–2026 (US$ Mn)
FIG. 26 : Rest of Asia Pacific POC Market, 2016–2026 (US$ Mn)
FIG. 27 : Brazil POC Market, 2016–2026 (US$ Mn)
FIG. 28 : Mexico POC Market, 2016–2026 (US$ Mn)
FIG. 29 : Rest of Latin America POC Market, 2016–2026 (US$ Mn)
FIG. 30 : GCC POC Market, 2016–2026 (US$ Mn)
FIG. 31 : Rest of Middle East & Africa POC Market, 2016–2026 (US$ Mn)

List of Tables

TABLE 1 : Market Snapshot: Global Portable Oxygen Concentrators (POC) Market
TABLE 2 : Global POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 3 : Global POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 4 : Global POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 5 : Global POC Market, by Geography, 2016–2026 (US$ Mn)
TABLE 6 : North America POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 7 : North America POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 8 : North America POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 9 : North America POC Market, by Country, 2016–2026 (US$ Mn)
TABLE 10 : Europe POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 11 : Europe POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 12 : Europe POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 13 : Europe POC Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 14 : Asia Pacific POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 15 : Asia Pacific POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 16 : Asia Pacific POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 17 : Asia Pacific POC Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 18 : Latin America POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 19 : Latin America POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 20 : Latin America POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 21 : Latin America POC Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 22 : Middle East & Africa POC Market, by Type, 2016–2026 (US$ Mn)
TABLE 23 : Middle East & Africa POC Market, by Indication, 2016–2026 (US$ Mn)
TABLE 24 : Middle East & Africa POC Market, by End User, 2016–2026 (US$ Mn)
TABLE 25 : Middle East & Africa POC Market, by Region, 2016–2026 (US$ Mn)
TABLE 26 : Koninklijke Philips N.V: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 : Invacare Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 : Medical Depot, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 : Precision Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 : Inogen, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 : O2 Concenpts, LLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 32 : CAIRE, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 33 : GCE Group: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 34 : Besco Medial Co., LTD: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 35 : Nidek Medical: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 36 : OSI Systems: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 37 : Smiths Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)