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Portable Oxygen Concentrators Market: North America Estimated to Account for Maximum Value Share Between 2016 and 2026: Global Industry Analysis & Opportunity Assessment, 2016 – 2026

Portable Oxygen Concentrators Market: North America Estimated to Account for Maximum Value Share Between 2016 and 2026: Global Industry Analysis & Opportunity Assessment, 2016 – 2026

Portable oxygen concentrator (POC) is a medical device used to supply oxygen to patients suffering from respiratory diseases. The concentrator separates nitrogen and oxygen from air in the environment and then discards the nitrogen and supplies 95% pure oxygen to patients through a mask. POCs are smaller as compared to stationary oxygen concentrators, allowing patients to easily carry the device. Apart from patients, POCs are also used by mountaineers and travellers in places where oxygen is inadequate.

The global portable oxygen concentrators market revenue is projected to reach a market valuation of US$ 1246.1 Mn by 2016 end and register a CAGR of 7.8% during the forecast period 2016-2026.

Increasing consumer awareness for oxygen therapy devices likely to boost market growth during the forecast period

The primary factors fuelling global demand for portable oxygen concentrators are an increasing prevalence of chronic obstructive pulmonary diseases, growing consumer awareness for oxygen therapy devices, a changing consumer lifestyle, adoption of new technologies, increased government expenditure, and a rise in investment by manufacturing companies towards the production of homecare products.

However, high product costs and stringent FDA regulations pertaining to medical devices are some of the factors likely to restrain the growth of the global portable oxygen concentrators market during the forecast period.

Market segmentation

By Product

By End User

By Region

Continuous Flow Portable Oxygen Concentrator

Pulse Flow Portable Oxygen Concentrator

Hospitals

Homecare

Ambulatory Surgical Centres

Travel Agents

North America

Latin America

Western Europe

Eastern Europe

APEJ

MEA

Japan

Pulse Flow Portable Oxygen Concentrator product segment projected to dominate the global portable oxygen concentrators market

The Pulse Flow Portable Oxygen Concentrator segment is estimated to account for a revenue share of 64.2% by the end of 2016. This segment is anticipated to create absolute $ opportunity of US$ 54.6 Mn in 2017 over 2016. The Continuous Flow Portable Oxygen Concentrator segment is expected to witness a CAGR of 5.3% in terms of value over the forecast period.

Homecare end user segment projected to dominate the global portable oxygen concentrators market in terms of value

The Homecare segment is estimated to account for more than 60% value share of the global portable oxygen concentrators market by 2016 end, which is expected to increase further by the end of 2026. The Hospitals segment is expected to register a CAGR of 9% in terms of value over the forecast period.

North America estimated to account for maximum value share of the global portable oxygen concentrators market throughout the forecast period

Increased prevalence of chronic obstructive pulmonary diseases and rising technological advancements is expected to result in significant growth of the portable oxygen concentrators market in the North America region, which is estimated to account for 40.9% revenue share in 2016. By product type, the Pulse Flow Portable Oxygen Concentrator segment is forecast to be the most attractive segment in the North America portable oxygen concentrators market over the forecast period. By end user type, the Homecare segment is forecast to be the most attractive segment in the North America portable oxygen concentrators market over the forecast period. The Western Europe market is anticipated to register a CAGR of 6.7% over the forecast period owing to an increasing prevalence of chronic obstructive pulmonary diseases. Increasing preference of interventional cardiologists for nonsurgical procedures is expected to drive the growth of the portable oxygen concentrators market in Western Europe over the forecast period.

portable oxygen concentrators market

Leading market players are focussing on product innovation through strategic global market collaborations

Some of the top companies operating in the global portable oxygen concentrators market are Koninklijke Philips N.V., Inogen Inc., Chart Industries Inc., Resmed Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Precision Medical Inc., Besco Medical Co. Ltd., Oxus America, Inc. (Oxus), Foshan Keyhub Electronic Industries Co. Ltd., O2 Concepts LLC, and GCE Group. Some of these companies are adopting an inorganic growth strategy in the form of strategic acquisitions and investments to expand their product portfolio, geographic reach, and manufacturing capabilities.

The global market for portable oxygen concentrators is consolidated with few key players dominating the market. The top four players contribute around 75% of the market. Koninklijke Philips N.V. holds the maximum share of around 40%.


1. Assumptions and Acronyms Used
2. Research Methodology
3. Executive Summary
4. Portable Oxygen Concentrators Market Overview
4.1. Introduction
4.1.1. Portable Oxygen Concentrators Market Definition
4.1.2. Portable Oxygen Concentrators Market Taxonomy
4.2. Portable Oxygen Concentrators Market Snapshot
4.3. Portable Oxygen Concentrators Market Scenario Forecast
5. Portable Oxygen Concentrators Market Forecast
5.1. Portable Oxygen Concentrators Market Value Forecast
5.2. Portable Oxygen Concentrators Market Volume Analysis
5.3. Regional Average Pricing Analysis (2015)
6. Portable Oxygen Concentrators Market Dynamics
6.1. Drivers
6.2. Restrains
6.3. Opportunity
6.4. Trends
6.5. Value Chain
7. Global Portable Oxygen Concentrators Market Analysis, By Product Type
7.1. Introduction
7.1.1. Market Share & Basis Point (BPS) Analysis, By Product Type
7.1.2. Y-o-Y Growth Comparison, By Product Type
7.1.3 Market Attractiveness Analysis, By Product Type
7.2. Market Forecast, By Product Type
7.2.1. Continuous Flow
7.2.1.1. Absolute $ Opportunity
7.2.1.2. Market Value Forecast
7.2.2. Pulse Flow
7.2.2.1. Absolute $ Opportunity
7.2.2.2. Market Value Forecast
8. Global Portable Oxygen Concentrators Market Analysis, By End User
8.1. Introduction
8.1.1. Market Share & Basis Point (BPS) Analysis, By End User
8.1.2 Market Attractiveness Analysis, By End User
8.1.3. Y-o-Y Growth Comparison, By End User
8.2. Market Forecast, By End User
8.2.1. Hospitals
8.2.1.1. Absolute $ Opportunity
8.2.1.2. Market Value Forecast
8.2.2. Home Care
8.2.2.1. Absolute $ Opportunity
8.2.2.2. Market Value Forecast
8.2.3. Ambulatory Surgical Centers
8.2.3.1. Absolute $ Opportunity
8.2.3.2. Market Value Forecast
8.2.4. Travel Agents
8.2.4.1. Absolute $ Opportunity
8.2.4.2. Market Value Forecast
9. Global Portable Oxygen Concentrators Market Analysis, By Region
9.1. Introduction
9.1.1. Global Portable Oxygen Concentrator Market Snapshot, By Region
9.1.2. Market Share & Basis Point (BPS) Analysis, By Region
9.1.3. Y-o-Y Growth Comparison, By Region
9.2. Market Absolute $ Opportunity, By Region
9.2.1. North America Market Value Forecast
9.2.2. Latin America Market Value Forecast
9.2.3. Western Europe Market Value Forecast
9.2.4. Eastern Europe Market Value Forecast
9.2.5. APAC Market Value Forecast
9.2.6. Japan Market Value Forecast
9.2.7. MEA Market Value Forecast
10. North America Portable Oxygen Concentrators Market Analysis and Forecast
10.1. Introduction
10.1.1. Market Share & Basis Point (BPS) Analysis, By Country
10.1.2 Market Attractiveness Analysis, By Country
10.1.3. Y-o-Y Growth Projections, By Country
10.2. Market Value Forecast, By Country
10.2.1. US Absolute $ Opportunity
10.2.2. Canada Absolute $ Opportunity
10.3. Market Value Forecast, By Product Type
10.3.1. Continuous Flow
10.3.2. Pulse Flow
10.4. Market Value Forecast, By End User
10.4.1. Hospitals
10.4.2. Homecare
10.4.3. Ambulatory Surgical Centers
10.4.4. Travel Agents
10.5. Market Attractiveness Analysis
10.5.1. By Product Type
10.5.2. By End User
10.6. Key Trends
10.7. Drivers & Restraints: Impact Analysis
11. Latin America Portable Oxygen Concentrators Market Analysis
11.1. Introduction
11.1.1. Market Share & Basis Point (BPS) Analysis, By Country
11.1.2 Market Attractiveness Analysis, By Country
11.1.3. Y-o-Y Growth Projections, By Country
11.2. Market Value Forecast, By Country
11.2.1. Argentina Absolute $ Opportunity
11.2.2. Brazil Absolute $ Opportunity
11.2.3. Mexico Absolute $ Opportunity
11.2.4. Rest of Latin America Absolute $ Opportunity
11.3. Market Value Forecast, By Product Type
11.3.1. Continuous Flow
11.3.2. Pulse Flow
11.4. Market Value Forecast, By End User
11.4.1. Hospitals
11.4.2. Homecare
11.4.3. Ambulatory Surgical Centers
11.4.4. Travel Agents
11.5. Market Attractiveness Analysis
11.5.1. By Product Type
11.5.2. By End User
11.6. Key Trends
11.7. Drivers & Restraints: Impact Analysis
12. Western Europe Portable Oxygen Concentrators Market Analysis
12.1. Introduction
12.1.1. Market Share & Basis Point (BPS) Analysis, By Country
12.1.2 Market Attractiveness Analysis, By Country
12.1.3. Y-o-Y Growth Projections, By Country
12.2. Market Value Forecast, By Country
12.2.1. Germany Absolute $ Opportunity
12.2.2. Italy Absolute $ Opportunity
12.2.3. France Absolute $ Opportunity
12.2.4. UK Absolute $ Opportunity
12.2.5. Spain Absolute $ Opportunity
12.2.6. Nordic Countries Absolute $ Opportunity
12.2.7. Rest of Western Europe Absolute $ Opportunity
12.3. Market Value Forecast, By Product Type
12.3.1. Continuous Flow
12.3.2. Pulse Flow
12.4. Market Value Forecast, By End User
12.4.1. Hospitals
12.4.2. Homecare
12.4.3. Ambulatory Surgical Centers
12.4.4. Travel Agents
12.5. Market Attractiveness Analysis
12.5.1. By Product Type
12.5.2. By End User
12.6. Key Trends
12.7. Drivers & Restraints: Impact Analysis
13. Eastern Europe Portable Oxygen Concentrators Market Analysis
13.1. Introduction
13.1.1. Market Share & Basis Point (BPS) Analysis, By Country
13.1.2 Market Attractiveness Analysis, By Country
13.1.3. Y-o-Y Growth Projections, By Country
13.2. Market Value Forecast, By Country
13.2.1. Russia Absolute $ Opportunity
13.2.2. Poland Absolute $ Opportunity
13.2.3. Rest of Eastern Europe Absolute $ Opportunity
13.3. Market Value Forecast, By Product Type
13.3.1. Continuous Flow
13.3.2. Pulse Flow
13.4. Market Value Forecast, By End User
13.4.1. Hospitals
13.4.2. Homecare
13.4.3. Ambulatory Surgical Centers
13.4.4. Travel Agents
13.5. Market Attractiveness Analysis
13.5.1. By Product Type
13.5.2. By End User
13.6. Key Trends
13.7. Drivers & Restraints: Impact Analysis
14. APEJ Portable Oxygen Concentrators Market Analysis
14.1. Introduction
14.1.1. Market Share & Basis Point (BPS) Analysis, By Country
14.1.2 Market Attractiveness Analysis, By Country
14.1.3. Y-o-Y Growth Projections, By Country
14.2. Market Value Forecast, By Country
14.2.1. China Absolute $ Opportunity
14.2.2. India Absolute $ Opportunity
14.2.3. Rest of APEJ Absolute $ Opportunity
14.3. Market Value Forecast, By Product Type
14.3.1. Continuous Flow
14.3.2. Pulse Flow
14.4. Market Value Forecast, By End User
14.4.1. Hospitals
14.4.2. Homecare
14.4.3. Ambulatory Surgical Centers
14.4.4. Travel Agents
14.5. Market Attractiveness Analysis
14.5.1. By Product Type
14.5.2. By End User
14.6. Key Trends
14.7. Drivers & Restraints: Impact Analysis
15. Japan Portable Oxygen Concentrators Market Analysis
15.1. Introduction
15.2. Japan Market Forecast
15.3. Market Value Forecast, By Product Type
15.3.1. Continuous Flow
15.3.2. Pulse Flow
15.4. Market Value Forecast, By End User
15.4.1. Hospitals
15.4.2. Homecare
15.4.3. Ambulatory Surgical Centers
15.4.4. Travel Agents
15.5. Market Attractiveness Analysis
15.5.1. By Product Type
15.5.2. By End User
15.6. Key Trends
15.7. Drivers & Restraints: Impact Analysis

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