U.S. & ASIA PACIFIC PORTABLE MEDICAL OXYGEN CONCENTRATORS MARKET ANALYSIS
U.S. & Asia Pacific portable medical oxygen concentrators market is estimated to be valued at US$ 884.58 Mn in 2022, and is expected to exhibit a CAGR of 7.4% over the forecast period (2022-2030).
Key companies operating in the market are focusing on organic growth strategies such as product launches, which is expected to propel the U.S. & Asia Pacific portable oxygen concentrator market growth over the forecast period. For instance, in July 2022, OMRON Healthcare, a U.S. & Asia Pacific leader in home blood pressure monitoring and solutions for cardiovascular disease management, had announced its latest advancement in the oxygen therapy category with the launch of a portable oxygen concentrator. It is a medical molecular sieve-based oxygen concentrator providing continuous supply of high purity oxygen (5L per minute) with more than 90% high concentration output. The product is designed to aid homecare providers when managing the therapy and lifestyle needs of nearly all patients with COPD and respiratory problems.
Market Size in 2022:US$ 884.58 Mn
Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 7.4%
2030 Value Projection: US$ 1,562.63 Mn
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