Portable Oxygen Concentrators Market Analysis

Technology (Continuous Flow, Pulse Flow)

The pulse flow segment is poised to capture about 68.1% portable oxygen concentrators market share during the forecast period. The segment is expanding due to the system's increased energy efficiency and longer battery life. Patients are also adopting pulse flow portable oxygen concentrators at a high rate since they are more convenient to carry, dependable, and provide oxygen just when needed. There are smaller portable oxygen concentrators with pulse flow that don't waste oxygen.

The segment is anticipated to expand quickly over the next several years due to its affordability and ease of use. The U.S. Census Bureau projects that by 2050, there will be 80 million older people living in the country. This can result in a strong demand for pulse-flow portable oxygen concentrators going ahead.

Indication (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Sleep Apnea)

The asthma segment in the portable oxygen concentrators market is set to garner a notable share during the forecast period due to the rising prevalence of asthma and the availability of highly effective portable oxygen concentrators. In 2020, the Global Initiative for Asthma (GINA) stated that 1-18% of populations in different countries suffer from asthma, and the prevalence has been increasing globally. To cater to this, many key players are developing and launching novel and more effective products for asthma patients.

In May 2023, Drive DeVilbiss announced the launch of an oxygen concentrator 1060 AW especially for rural and semi-urban areas. This is a 10-liter capacity oxygen concentrator designed to cater to the needs of challenging cases of asthma and other breathing issues.

Our in-depth analysis of the portable oxygen concentrators market includes the following segments: