The global demand for Portable Oxygen Kit Market is presumed to reach the market size of nearly USD 33.76 BN by 2028 from USD 19.7 BN in 2021 with a CAGR of 8% under the study period 2022 - 2028.
A portable oxygen kit is an excellent solution for people suffering from lung and breathing disorders who need supplemental oxygen to deal with the issues. A portable oxygen kit is a medical device that helps with low blood oxygen levels. It includes an electrical outlet that runs on a battery. The oxygen kit can be plugged into the battery and can be used as per the need. The kit purifies the air, a mixture of nitrogen and oxygen, and separates the oxygen whenever needed. Easy to carry, easy to use, lightweight, and compact, these portable oxygen kits can be taken outdoors, travelling, driving, and at events.
Respiratory issues have become a common problem among patients. Geriatric patients need supplemental oxygen on a regular basis to manage their breathing-related issues. So, the demand for portable oxygen kits has rapidly increased in the past few years. In the healthcare sector, portable oxygen kits provide convenience, thus boosting the growth of portable oxygen kits in the market. In addition, the automotive and aerospace industries need portable oxygen kits to deliver constant oxygen sources for pilots at high altitudes and speeds. However, the most significant barrier amid the growth is the lack of supply in the market and the high cost of portable oxygen kits.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of portable oxygen kit. The growth and trends of portable oxygen kit industry provide a holistic approach to this study.
This section of the portable oxygen kit market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End User
- Home Application
- Aerospace And Automotive
This section covers the regional outlook, which accentuates current and future demand for the Portable Oxygen Kit market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Portable Oxygen Kit Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the portable oxygen kit market include O2 Concepts, DeVilbiss Healthcare, Chart Industries, Inova Labs Inc., NIDEK Medical Products Inc., Teijin Limited, Koninklijke Philips N.V., Invacare Corporation, Worthington Industries, Inogen Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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