Global Portable Oxygen Concentrator Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Flow Type;

Continuous Flow and Pulse Flow.

By Delivery Method;

Fixed Minute Volume and Fixed Bolus Volume.

By End User;

Homecare Settings, Ambulance and Hospitals and Ambulatory Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn384723054 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Portable Oxygen Concentrator Market (USD Million), 2021 - 2031

In the year 2024, the Global Portable Oxygen Concentrator Market was valued at USD 2,474.89 million. The size of this market is expected to increase to USD 4,687.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.

The global portable oxygen concentrator market represents a crucial sector within the healthcare industry, providing essential respiratory support to individuals with breathing difficulties. Portable oxygen concentrators (POCs) are medical devices designed to extract oxygen from the surrounding air and deliver it to patients who require supplemental oxygen therapy. Unlike traditional oxygen tanks, POCs are compact, lightweight, and easily transportable, enabling users to maintain their mobility and independence while receiving oxygen therapy.

The demand for portable oxygen concentrators has been steadily increasing due to several factors. Firstly, the prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and pulmonary fibrosis is rising globally, driving the need for supplemental oxygen therapy among affected individuals. Additionally, the aging population, coupled with the growing incidence of chronic conditions, has led to a greater number of patients requiring oxygen therapy both in healthcare facilities and at home.

Technological advancements have played a significant role in the evolution of portable oxygen concentrators, making them more efficient, reliable, and user-friendly. Modern POCs are equipped with advanced features such as pulse dose delivery, adjustable flow settings, long-lasting batteries, and intuitive user interfaces, enhancing the overall patient experience and improving treatment outcomes. These innovations have contributed to the widespread adoption of POCs across various healthcare settings, including hospitals, clinics, rehabilitation centers, and home care environments.

The COVID-19 pandemic has further accelerated the demand for portable oxygen concentrators. The surge in respiratory complications associated with COVID-19 has led to a heightened awareness of the importance of oxygen therapy in managing severe cases of the disease. Portable oxygen concentrators have become indispensable tools in the treatment of COVID-19 patients, particularly those requiring oxygen supplementation outside of traditional hospital settings, such as in makeshift hospitals, field medical units, and home isolation.

The global portable oxygen concentrator market continues to experience significant growth driven by the rising prevalence of respiratory diseases, aging population, technological advancements, and the impact of the COVID-19 pandemic. As healthcare systems strive to improve patient care, enhance accessibility to oxygen therapy, and optimize resource utilization, portable oxygen concentrators play a crucial role in providing safe, effective, and convenient respiratory support to individuals in need.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Flow Type
    2. Market Snapshot, By Delivery Method
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Portable Oxygen Concentrator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Prevalence of Respiratory Diseases
        2. Technological Advancements
        3. Increasing Adoption of Home Healthcare
      2. Restraints
        1. High Cost of Portable Oxygen Concentrators
        2. Regulatory Hurdles and Certification Requirements
        3. Limited Reimbursement Coverage
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Technological Innovation and Product Differentiation
        3. Focus on Aging Population and Chronic Disease Management
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Portable Oxygen Concentrator Market, By Flow Type, 2021 - 2031 (USD Million)
      1. Continuous Flow
      2. Pulse Flow
    2. Global Portable Oxygen Concentrator Market, By Delivery Method, 2021 - 2031 (USD Million)
      1. Fixed Minute Volume
      2. Fixed Bolus Volume
    3. Global Portable Oxygen Concentrator Market, By End User, 2021 - 2031 (USD Million)
      1. Homecare Settings
      2. Ambulance
      3. Hospitals and Ambulatory Clinics
    4. Global Portable Oxygen Concentrator Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nidek Medical
      2. Besco Medical
      3. Invacare Corporation
      4. Philips Healthcare
      5. Covidien
      6. Inogen
      7. DeVilbiss Healthcare
  7. Analyst Views
  8. Future Outlook of the Market