Dublin, Sept. 20, 2024 (GLOBE NEWSWIRE) -- The "Portable Oxygen Kit Market: Size, Trends, Opportunities and Forecast by End-user, Application, Product Type, and Country (2020-2030)" report has been added to ResearchAndMarkets.com's offering.
This report highlights different factors and opportunities prevailing in the Global Portable Oxygen Kit Market. According to the report, the Global Portable Oxygen Kit Market was valued at USD 20.44 billion, and is expected to grow at a CAGR of 10.3% during 2025-2030.
The market is expanding due to the increasing demand for lightweight, convenient, and reliable oxygen therapy solutions for patients with respiratory conditions. The rising prevalence of respiratory diseases, growing geriatric population, and advancements in oxygen therapy technology drive the market for portable oxygen kits.
Key drivers of the Portable Oxygen Kit market include the increasing incidence of chronic respiratory conditions, which require continuous oxygen therapy for improved quality of life. The growing awareness about the benefits of portable oxygen kits, which offer mobility and independence to patients, also contributes to market growth. Additionally, the demand for portable oxygen kits in emergency medical services, home healthcare, and travel further fuels the market.
Technological advancements, such as the development of compact and lightweight portable oxygen concentrators, long-lasting batteries, and user-friendly interfaces, have enhanced the performance and adoption of portable oxygen kits. Manufacturers are focusing on providing portable oxygen solutions that meet the specific needs of -patients, such as variable oxygen flow settings, noise reduction, and easy portability.
Geographical Insights
Americas leads the Portable Oxygen Kit market, driven by a high prevalence of respiratory diseases, strong healthcare infrastructure, and the presence of key market players. The United States is a major market, with widespread use of portable oxygen kits in home healthcare, hospitals, and emergency medical services.
Europe is another significant market, with countries like Germany, the UK, and France leading in the adoption of portable oxygen kits. The region's growing geriatric population, high healthcare spending, and emphasis on home-based care contribute to market growth.
Market Segmentation
By End-User:
- Home Care Settings
- Hospitals & Clinics
- Travel & Tourism
- Ambulatory Surgical Centers
- Other End-Users
By Application:
- Personal Use
- Medical Use
- Emergency Use
- Sports & Adventure
By End-User:
- Continuous Flow Oxygen Kits
- Pulse Dose Oxygen Kits
By Geography
- Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
- Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
- Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
- Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)
Key Companies
The report assesses the competitive developments, strategies, mergers and acquisitions and new product development and market share portfolio of top 15 companies. Key companies in the Global Portable Oxygen Kit include:
- O2 Concepts LLC
- Worthington Industries
- Chart Industries Inc.
- DeVilbiss Healthcare LLC
- Inova Labs Inc.
- Teijin Limited
- Invacare Corporation
- NIDEK Medical Products Inc.
- Koninklijke Philips N.V.
- Inogen Inc.
- Other Leading Companies
Reasons to buy this report:
- In-Depth Comparative Assessment of Top 20 Markets in the Portable Oxygen Kit Market Application: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
- Comprehensive Historical, Present, and Future Analytics of the Portable Oxygen Kit Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Portable Oxygen Kit Market.
- Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM).
- Strategic Application Movements: Tracking Competitive Developments and Key Players in the Market: The report covers competitive strategies, mergers & acquisitions, new developments, future plans and market share analysis of ~15 top companies.
For more information about this report visit https://www.researchandmarkets.com/r/ukcc7m
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