North America Portable Oxygen Concentrators Market to Grow at a CAGR of XXXX% to reach US$ XXXX Million from 2020 to 2027

North America Portable Oxygen Concentrators Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Continuous Flow, Pulse Flow); Application (COPD, Asthma, Respiratory Distress Syndrome, Others); End User (Hospitals, Homecare Settings, Others), and Country

Publication Month: Sep 2020 | Report Code: TIPRE00014178 | No. of Pages: 129 | Category: Medical Device | Status: Published
Covid

North Americaportable oxygen concentratorsmarket 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.

 

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.The scope of the portable oxygen concentrators market includes product, application, end user, and region.

 

US Portable Oxygen ConcentratorsMarket Revenue and Forecast to 2027 (US$ Million)


Market Insights

Growing Prevalence of Respiratory Disorders and COVID-19 Cases

The novel Coronavirus can cause a significant respiratory distress and extreme respiratory failure, which can even cause among people. With the foreseen shortage of hospital ventilators, the US FDA has authorized the use of oxygen concentrators. The governments acrossthe world are arranging oxygen concentrators to COVID-19 patients under home isolation to manage the sudden drop in oxygen among these patients. As per the WHO report data, hospitals in the US have only ~162,000 ventilators, and there might be an additional 15,000 available from the federal Strategic National Stockpile, along with another 2,000 from the defense department. Since ~900,000 more devices are likely to be needed at a time of peak demand, the current shortage poses a major challenge to hospitals and stand-alone healthcare providers. With the foreseen shortage of hospital ventilators, the US FDA has authorized the use of oxygen concentrators, BiLevel positive airway pressure machines, and similar devices as an alternative.

Moreover, portable oxygen concentrators are currently the most widespread and effective therapy for respiratory disorders. According to the summary of the Health Statistics National Health Interview Survey, in 2018, nine million people were diagnosed with chronic bronchitis in the US. Thus, increasing prevalence of COVID-19 cases, scarcity of ventilators for COVID-19 patients, and respiratory disorders are driving the portable oxygen concentrators devices market.

 

Product-BasedMarket Insights

Based on product,the portable oxygen concentrators market is further segmented into continuous flow and pulse flow. The continuous flow segment held a larger share of the market in 2019; however, the pulse flowsegment is anticipated to register the highest CAGR in the market during the forecast period.

 

North AmericaPortable Oxygen ConcentratorsMarket, by Product– 2019and 2027

 

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Application-Based Market Insights

Based on application, the portable oxygen concentrators market is segmented into COPD, asthma, respiratory distress syndrome, and others. The COPDsegment held the largest share of the market in 2019 and is estimated to register the highest CAGR during the forecast period.

 

End User-Based Market Insights

Based on end user, the portable oxygen concentrators market is segmented into home care settings, hospitals, and others. The home care settingssegment held the largest share of the market in 2019 and is estimated to register the highest CAGR during the forecast period.

 

Strategic Insights

Product launches and approvalsarecommonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the portable oxygen concentrators marketadopt the expansion, collaboration, and product launch strategies to enlarge customer base acrossthe world.These strategies allow the players to maintain their brand name globally. For instance, in November 2019, Drive DeVilbiss Healthcare launched a new portable oxygen concentrator namely, iGo2 Portable Oxygen Concentrator (POC). The product is unique and use patented technology to adjust the dosage of oxygen automaticallyin relation to a patient’s breath rate.

 

ByProduct

  • Continuous Flow
  • Pulse Flow

By Application

  • COPD
  • Asthma
  • Respiratory Distress Syndrome
  • Others

By End User

  • Hospitals
  • Homecare Settings
  • Others

By Country

  • 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)

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Portable Oxygen Concentrators Market – By Product

1.3.2        North America Portable Oxygen Concentrators Market – By Application

1.3.3        North America Portable Oxygen Concentrators Market – By End User

1.3.4        North America Portable Oxygen Concentrators Market– By Region

2.           Portable Oxygen Concentrators Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Portable oxygen concentrators – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Expert Opinion

5.           North America Portable Oxygen Concentrators Market – Industry Dynamics

5.1         Key Drivers

5.1.1        Rising Number of COVID-19 Cases Worldwide

5.1.2        Increasing Prevalence ofRespiratory Diseases

5.2         Key Market Restraint

5.2.1        High Costs of Portable Oxygen Concentrators

5.3         Key Market Opportunities

5.3.1        Technological Advancement in Portable Oxygen Concentrators

5.4         Future Trends

5.4.1        Increasing Preference of Home Care Products

5.5         Impact Analysis

6.           Portable Oxygen Concentrators Market – Regional Analysis

6.1         North America Portable Oxygen Concentrators Market Revenue Forecast And Analysis

6.2         Market Positioning of Key Players

7.           Portable Oxygen Concentrators Market Analysis– by Product

7.1         Overview

7.2         Portable Oxygen Concentrators Market Share, By Product, 2019 & 2027 (%)

7.3         Continuous Flow

7.3.1        Overview

7.3.2        Continuous Flow Market Revenue and Forecasts to 2027 (US$ Million)

7.4         Pulse Flow

7.4.1        Overview

7.4.2        Pulse Flow Market Revenue and Forecasts to 2027 (US$ Million)

8.           Portable Oxygen Concentrators Market Analysis– by Application

8.1         Overview

8.2         Portable Oxygen Concentrators Market Share, By Application, 2019 & 2027 (%)

8.3         COPD

8.3.1        Overview

8.3.2        COPD Market Revenue and Forecasts to 2027 (US$ Million)

8.4         Asthma

8.4.1        Overview

8.4.2        Asthma Market Revenue and Forecasts to 2027 (US$ Million)

8.5         Respiratory Distress Syndrome

8.5.1        Overview

8.5.2        Respiratory Distress Syndrome Market Revenue and Forecasts to 2027 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others Market Revenue and Forecasts to 2027 (US$ Million)

9.           Portable Oxygen Concentrators Market Analysis– by End User

9.1         Overview

9.2         Portable Oxygen Concentrators Market Share, By End User, 2019 & 2027 (%)

9.3         Hospitals

9.3.1        Overview

9.3.2        Hospitals Market Revenue and Forecasts to 2027 (US$ Million)

9.4         Homecare Settings

9.4.1        Overview

9.4.2        Homecare Settings Market Revenue and Forecasts to 2027 (US$ Million)

9.5         Others

9.5.1        Overview

9.5.2        Others Market Revenue and Forecasts to 2027 (US$ Million)

10.        Portable Oxygen Concentrators Market Analysis And Forecasts To 2027 – Geographical Analysis

10.1      North America: Portable Oxygen Concentrators Market

10.1.1     Overview

10.1.2     North America: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.3     North America: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027  (USD Million)

10.1.4     North America: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027  (USD Million)

10.1.5     North America: Portable Oxygen Concentrators Market, By End User – Revenue and Forecast to 2027 (USD Million)

10.1.6     North America: Portable Oxygen Concentrators Market, by Country, 2019 & 2027 (%)

10.1.7     US: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.1       US: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.2       US: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

10.1.7.3       US: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.7.4       US: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.8     Canada: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.1       Canada: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.2       Canada: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

10.1.8.3       Canada: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.8.4       Canada: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

10.1.9     Mexico: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.1       Mexico: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

10.1.9.2       Mexico: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

10.1.9.3       Mexico: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.9.4       Mexico: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

11.        Impact Of COVID-19 Pandemic On North America Portable oxygen concentrators Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Portable Oxygen Concentrators Market –Company Profiles

12.1      Koninklijke Philips N.V.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      CAIRE Inc. (NGK SPARK PLUG CO., LTD)

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      INOGEN INC.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Invacare Corporation

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Nidek Medical Products, Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      ResMed (Inova Lab)

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      GCE Group (Colfax Corporation)

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      O2 Concepts

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Drive DeVilbiss International

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      Glossary of Terms

 


LIST OF TABLES

Table 1.             North America: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027  (USD Million)

Table 2.             North America: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 3.             North America: Portable Oxygen Concentrators Market, By End User – Revenue and Forecast to 2027  (USD Million)

Table 4.             US: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

Table 5.             US: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6.             US: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 7.             Canada: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

Table 8.             Canada: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 9.             Canada: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 10.          Mexico: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)

Table 11.          Mexico: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 12.          Mexico: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)

Table 13.          Glossary of Terms, Portable Oxygen Concentrators Market

 


LIST OF FIGURES

Figure 1.           Portable Oxygen Concentrators Market Segmentation

Figure 2.           Portable Oxygen Concentrators Segmentation – By Region

Figure 3.           North America Portable Oxygen Concentrators Market Overview

Figure 4.           The Oncology Segment Held Largest Share and Rare Diseases Segment Expected To Grow With Highest Growth Rate

Figure 5.           US Is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           North America PEST Analysis

Figure 7.           Portable Oxygen Concentrators Market Impact Analysis of Driver and Restraints

Figure 8.           North America Portable Oxygen Concentrators Market – Revenue Forecast And Analysis – 2019- 2027

Figure 9.           Market Positioning of Key Players In North America Portable Oxygen Concentrators Market

Figure 10.        Portable Oxygen Concentrators Market Share, by Product, 2019 & 2027 (%)

Figure 11.        Continuous Flow Market Revenue and Forecasts to 2027 (US$ Million)

Figure 12.        Pulse Flow Market Revenue and Forecasts to 2027 (US$ Million)

Figure 13.        Portable Oxygen Concentrators Market Share, by Application, 2019 & 2027 (%)

Figure 14.        COPDMarket Revenue and Forecasts to 2027 (US$ Million)

Figure 15.        Asthma Market Revenue and Forecasts to 2027 (US$ Million)

Figure 16.        Respiratory Distress Syndrome Market Revenue and Forecasts to 2027 (US$ Million)

Figure 17.        Others Market Revenue and Forecasts to 2027 (US$ Million)

Figure 18.        Portable Oxygen Concentrators Market Share, by End User, 2019 & 2027 (%)

Figure 19.        Hospitals Market Revenue and Forecasts to 2027 (US$ Million)

Figure 20.        Homecare Settings Market Revenue and Forecasts to 2027 (US$ Million)

Figure 21.        Others Market Revenue and Forecasts to 2027 (US$ Million)

Figure 22.        North America: Portable Oxygen Concentrators Market, by Key Country – Revenue (2019) (USD Million)

Figure 23.        North America: Portable Oxygen Concentrators Market Revenue and Forecast to 2027 (USD Million)

Figure 24.        North America: Portable Oxygen Concentrators Market, by Country, 2019 & 2027 (%)

Figure 25.        US: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

Figure 26.        Canada: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

Figure 27.        Mexico: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)

Figure 28.        Impact of COVID-19 Pandemic on Portable Oxygen Concentrators Market in North American Countries

 

The List of Companies - North America Portable Oxygen Concentrators Market

  1. Koninklijke Philips N.V
  2. Caire Inc. (Chart Industries)
  3. Inogen Inc.
  4. Invacare Corporation
  5. O2 Concepts
  6. Nidek Medical Products, Inc.
  7. Drive DeVilbiss International
  8. GCE Group
  9. Inova labs Inc. (ResMed)
  • To understand theNorth Americaportable oxygen concentrators market landscape and identify market 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 America portable oxygen concentrators market.
  • Efficiently plan M&A and partnership deals in the North America portable oxygen concentrators market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the North America portable oxygen concentrators market.
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in North America
TIPRE00014178
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