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-based oxygen concentrators/tanks (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. Factors such as the rising number of COVID-19 cases and increasing prevalence of respiratory diseases worldwide fuel the Portable Oxygen Concentrators market growth. However, the high cost associated with these devices hinders the growth of the market.
The List of Companies-
- Koninklijke Philips N.V
- Caire Inc. (Chart Industries)
- Inogen Inc.
- Invacare Corporation
- O2 Concepts
- Nidek Medical Products, Inc.
- Drive DeVilbiss International
- GCE Group
- Besco Medical
- Inova labs Inc. (ResMed)
The research provides answers to the following key questions:
- What is the estimated growth rate of the market for the forecast period 2022–2028? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Portable Oxygen Concentrators market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Portable Oxygen Concentrators market?
- What are the prominent market trends influencing the development of the Portable Oxygen Concentrators market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Portable Oxygen Concentrators market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Portable Oxygen Concentrators Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Portable Oxygen Concentrators market segments and regions.
The Portable Oxygen Concentrators market is segmented on the basis of type, treatment and end user. Based on type the market is segmented as dilated cardiomyopathy, restrictive cardiomyopathy and unclassified cardiomyopathy. On the basis of treatment the market is categorized as anticoagulants, antiarrhythmics, anti-hypertensives, cardiac glycosides and diuretics. On the basis of end user the market is categorized as homecare, hospitals and clinics and others.
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Portable Oxygen Concentrators Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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