An oxygen concentrator is a medical device which is designed to deliver a concentrated flow of oxygen to a patient. Portable oxygen concentrators are small, lightweight and more convenient for the patients.

In fact, oxygen concentrators are rather simple devices. They operate on the principle of ?rapid pressure swing adsorption' of atmospheric nitrogen onto specific minerals and then venting the nitrogen. The filtered gas mixture is mainly oxygen and little other gasses like argon and CO2.
The global average price of Portable Oxygen Concentrator is in the decreasing trend, from 1958 USD/Unit in 2013 to 1834 USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
USA is the largest consumption place, with a consumption market share nearly 43.25% in 2017. Following USA, Europe is the second largest consumption place with the consumption market share of 26.67%.
Market competition is not intense. Inogen, Invacare, Philips Respironics, Chart (Airsep), Inova Labs, Teijin, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers: have been formed in the monopoly position in the industry.

According to this study, over the next five years the Portable Oxygen Concentrators market will register a 12.4% CAGR in terms of revenue, the global market size will reach US$ 1180 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Portable Oxygen Concentrators business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Portable Oxygen Concentrators market by product type, application, key manufacturers and key regions and countries.

This study considers the Portable Oxygen Concentrators value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Molecular Sieve Oxygen Concentrator
Macromolecule Oxygen Permeable Membrane Oxygen Concentrator
Electrolysis Oxygen Concentrator
Chemical Oxygen Concentrator
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Traveling
Household
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Inogen
Invacare
Philips Respironics
Chart (Airsep)
Inova Labs
Teijin
GCE Group
Drive Medical
Precision Medical
AVIC Jianghang
Foshan Kaiya
Beijing North Star

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Portable Oxygen Concentrators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Portable Oxygen Concentrators market by identifying its various subsegments.
Focuses on the key global Portable Oxygen Concentrators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Portable Oxygen Concentrators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Portable Oxygen Concentrators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.