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.
Market Overview and Dynamics
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 –
- Continuous Flow
- Pulse Flow
- COPD
- Asthma
- Respiratory Distress Syndrome
- Others
- Hospitals
- Homecare Settings
- Others
- 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)
North America Portable Oxygen Concentrators Market Strategic Insights
North America Portable Oxygen Concentrators Market Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 682.73 Million |
| Market Size by 2027 | US$ 1,315.42 Million |
| CAGR (2020 - 2027) | 8.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
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Regions and Countries Covered
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| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
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North America Portable Oxygen Concentrators Market Country and Regional Insights
