Chat with us, powered by LiveChat

Loading...

Portable Oxygen Kit Market, by End-Use

RA00063

Portable Oxygen Kit Market, by End-Use (Healthcare, Home applications, Aerospace & Automotive, Others): Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00063

Pages: 120

Feb 2020

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Portable Oxygen Kit Market

Global Portable Oxygen Kit Market Overview 2026:

According to the portable oxygen kit market analysis by Research Dive, the portable oxygen kit market forecast will surpass $2,616.8 million by 2026, increasing from $1,372.6 million in 2018, at a CAGR of 8.4%. Asia-Pacific market anticipated to reach $ 782.8 Million by 2026. North American market projected to account for $ 1177.6 Million by 2026 during forecast.

The portable oxygen kit is smallest environmentally friendly and refillable equipment. Portable oxygen kit is lightweight, handy and easy to use, that is being used for patients who need additional oxygen. The kit contains portable oxygen cylinder, refilling adopter and regulator.

Driving Factors of Portable Oxygen Kit Industry:

Increasing demand from healthcare and home applications are driving the global portable oxygen kit market

The global portable oxygen kit market is majorly driven by the increase in the occurrence of chronic obstructive pulmonary disease (COPD) coupled with rising number of tobacco smokers across the globe is expected to drive the market growth. Respiratory disease prevalence caused by tobacco smoke is projected to enhance the growth of the portable oxygen kit market in the coming years. Additionally, increasing the number of old age patients who are suffering from respiratory disorders, require need of respiratory support will drive the demand for portable oxygen kit.

Market Restraints:

Oxygen kit price and lack of supply are restraining the growth of portable oxygen kit market

The portable oxygen kit market is restrained by price volatility of oxygen kits and shortage of the portable oxygen kits. Additionally, inappropriate handling of oxygen kits sometimes can cause injuries and fatal are expected to hamper the market growth.

Market Opportunities:

Rising the demands from aerospace and automotive sector will provide significant investment opportunities for the growth of portable oxygen kit market

Increasing the usage of portable oxygen kits in aerospace and automotive sector is projected to drive the growth of the market. This is due to high usage of these kits for disaster prone sites, high speed automotive and battlefield to provide continuous supply of oxygen to the pilots and drivers while driving. Additionally, increase in the number of participants in the adventure sports and portable oxygen kit market development are further expected to enhance the portable oxygen kit market growth.

Portable oxygen kit market, by end-use

Healthcare end-use held largest market size in portable oxygen kit market, it is will grow at a CAGR of 8.4% during the projected period

Portable oxygen kit market by end use

Source: Research Dive Analysis

The global portable oxygen kit market for home applications end use accounted for $535.3 million in 2018, and it is anticipated to experience significant growth over forecast period, due to increase in demands of portable oxygen kits from homes applications. Additionally, growth in the patient recovery and increasing the consumer preference due to its portability is expected to drive the market in the coming years, due to this, the market for home applications end use is anticipated to reach $1,058.8 million by 2026. Healthcare end use held the largest portable oxygen kit market share of 43.0% in 2018, and accounted for $590.2 million in 2018, which is projected to reach $1,125.5 million by 2026, this is due to the high usage in ambulance services and emergency care units in hospitals.

Portable oxygen Kit Market, by Region:

Asia Pacific Portable Oxygen Kit Market Overview 2026:

Asia-Pacific region will have enormous opportunities for the market investors to grow over the coming years

Asia Pacific market projected to account for $782.8 million by 2026, rising from $384.3 million in 2018, with highest CAGR of 9.3%, due to increase in the demands from home application and healthcare end users across the region. Additionally, increasing the air pollution and rise in the number of smokers in Asia-Pacific is further expected to drive the portable oxygen kit market over forecast period.

North America Portable Oxygen Kit Market Overview 2026:

The global market is dominated by North America, which was registered for a highest portable oxygen kit market size and accounted for $617.7 million in 2018. The growth is attributed to rising the occurrence of COPD disease and increase in the number of aged population across the region. The U.S. is major contributor in this region and the market for North America is anticipated to reach $1,177.6 million by 2026.

Key Participants in Global Portable Oxygen Kit Market:

Product development and joint ventures are the most common strategies followed by the market players

Key Participants in Global Portable Oxygen Kit Market

Source: Research Dive Analysis

The top portable oxygen kit market players are Invacare Corporation, O2 Concepts, DeVilbiss Healthcare, Chart Industries, Inova Labs Inc., Worthington Industries, Inogen Inc., NIDEK Medical Products Inc., Teijin Limited, Koninklijke Philips N.V., and among others. The key players are adopting key strategies include collaborations, mergers & acquisitions, new product launches and geographical expansions in order to gain majority of the market share in the overall portable oxygen kit industry. 

Report Scope:

Aspect

Particulars

  Historical Market Estimations

  2016-2018

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by End-Use

  • Pharmaceutical & Biotechnology
  • Aerospace & Automotive
  • Healthcare
  • Manufacturing
  • Others

  Key Countries covered

U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia

  Key Companies Profiled

  • Invacare Corporation
  • O2 Concepts
  • DeVilbiss Healthcare
  • Chart Industries
  • Inova Labs Inc.
  • Worthington Industries
  • Inogen Inc.
  • NIDEK Medical Products, Inc.
  • Teijin Limited
  • Koninklijke Philips N.V.

Source: Research Dive Analysis


FREQUENTLY ASKED QUESTIONS?
 

A. The global portable oxygen kit market size was over $1,372.6 million in 2018, and is further anticipated to reach $2,616.8 million by 2026.

A. O2 Concepts, Chart Industries, Koninklijke Philips N.V., Teijin Limited Company and Invacare Corporation, some of the key players in the global portable oxygen kit market.

A. Asia-Pacific possesses great investment opportunities for investors to witness the most promising growth in the coming years.

A. Asia-Pacific portable oxygen kit market is projected to grow at 9.3% CAGR during the forecast period.

A. Product development and joint ventures are the key strategies opted by the operating companies in this market.

A. Chart Industries and Teijin Limited Company are investing more on R&D activities for developing new products and technologies.

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters

1.4.1. Assumptions
1.4.2. Forecast parameters

1.5. Data sources

1.5.1. Primary
1.5.2. Secondary

2. Executive Summary

2.1. 360° summary
2.2. End-use trends

3. Market overview

3.1. Market segmentation & definitions
3.2. key takeaways

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

3.4. Market dynamics

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Pricing overview

3.8.1. By end-use
3.8.2. By region

3.9. Market value chain analysis

3.9.1. Stress point analysis
3.9.2. Distribution channel analysis
3.9.3. Operating vendors

3.9.3.1. Raw material suppliers
3.9.3.2. Product manufacturers
3.9.3.3. Product distributors

3.10. Strategic overview

4. Portable oxygen kit market, by End-use

4.1. Aerospace & Automotive

4.1.1. Market size and forecast, by region, 2016-2028
4.1.2. Comparative market share analysis, 2018 & 2028

4.2. Healthcare

4.2.1. Market size and forecast, by region, 2016-2028
4.2.2. Comparative market share analysis, 2018 & 2028

4.3. Home applications

4.3.1. Market size and forecast, by region, 2016-2028
4.3.2. Comparative market share analysis, 2018 & 2028

4.4. Others

4.4.1. Market size and forecast, by region, 2016-2028
4.4.2. Comparative market share analysis, 2018 & 2028

5. Portable oxygen kit market, by Region

5.1. North America

5.1.1. Market size and forecast, by end-use, 2016-2028
5.1.2. Market size and forecast, by country, 2016-2028
5.1.3. Comparative market share analysis, 2018 & 2028

5.1.4. U.S.

5.1.4.1. Market size and forecast, by end-use, 2016-2028
5.1.4.2. Comparative market share analysis, 2018 & 2028

5.1.5. Canada

5.1.5.1. Market size and forecast, by end-use, 2016-2028
5.1.5.2. Comparative market share analysis, 2018 & 2028

5.1.6. Mexico

5.1.6.1. Market size and forecast, by end-use, 2016-2028
5.1.6.2. Comparative market share analysis, 2018 & 2028

5.2. Europe

5.2.1. Market size and forecast, by end-use, 2016-2028
5.2.2. Market size and forecast, by country, 2016-2028
5.2.3. Comparative market share analysis, 2018 & 2028

5.2.4. UK

5.2.4.1. Market size and forecast, by end-use, 2016-2028
5.2.4.2. Comparative market share analysis, 2018 & 2028

5.2.5. Germany

5.2.5.1. Market size and forecast, by end-use, 2016-2028
5.2.5.2. Comparative market share analysis, 2018 & 2028

5.2.6. France

5.2.6.1. Market size and forecast, by end-use, 2016-2028
5.2.6.2. Comparative market share analysis, 2018 & 2028

5.2.7. Spain

5.2.7.1. Market size and forecast, by end-use, 2016-2028
5.2.7.2. Comparative market share analysis, 2018 & 2028

5.2.8. Italy

5.2.8.1. Market size and forecast, by end-use, 2016-2028
5.2.8.2. Comparative market share analysis, 2018 & 2028

5.2.9. Rest of Europe

5.2.9.1. Market size and forecast, by end-use, 2016-2028
5.2.9.2. Comparative market share analysis, 2018 & 2028 

5.3. Asia Pacific

5.3.1. Market size and forecast, by end-use, 2016-2028
5.3.2. Market size and forecast, by country, 2016-2028
5.3.3. Comparative market share analysis, 2018 & 2028

5.3.4. China

5.3.4.1. Market size and forecast, by end-use, 2016-2028
5.3.4.2. Comparative market share analysis, 2018 & 2028

5.3.5. Japan

5.3.5.1. Market size and forecast, by end-use, 2016-2028
5.3.5.2. Comparative market share analysis, 2018 & 2028

5.3.6. India

5.3.6.1. Market size and forecast, by end-use, 2016-2028
5.3.6.2. Comparative market share analysis, 2018 & 2028

5.3.7. Australia

5.3.7.1. Market size and forecast, by end-use, 2016-2028
5.3.7.2. Comparative market share analysis, 2018 & 2028

5.3.8. South Korea

5.3.8.1. Market size and forecast, by end-use, 2016-2028
5.3.8.2. Comparative market share analysis, 2018 & 2028

5.3.9. Rest of Asia Pacific

5.3.9.1. Market size and forecast, by end-use, 2016-2028
5.3.9.2. Comparative market share analysis, 2018 & 2028

5.4. LAMEA

5.4.1. Market size and forecast, by end-use, 2016-2028
5.4.2. Market size and forecast, by country, 2016-2028
5.4.3. Comparative market share analysis, 2018 & 2028

5.4.4. Brazil

5.4.4.1. Market size and forecast, by end-use, 2016-2028
5.4.4.2. Comparative market share analysis, 2018 & 2028

5.4.5. Saudi Arabia

5.4.5.1. Market size and forecast, by end-use, 2016-2028
5.4.5.2. Comparative market share analysis, 2018 & 2028

5.4.6. South Africa

5.4.6.1. Market size and forecast, by end-use, 2016-2028
5.4.6.2. Comparative market share analysis, 2018 & 2028

5.4.7. Rest of LAMEA

5.4.7.1. Market size and forecast, by end-use, 2016-2028
5.4.7.2. Comparative market share analysis, 2018 & 2028

6. Company profiles

6.1. Invacare Corporation

6.1.1. Business overview
6.1.2. Financial performance
6.1.3. Product portfolio
6.1.4. Recent strategic moves & developments
6.1.5. SWOT analysis

6.2. O2 Concepts

6.2.1. Business overview
6.2.2. Financial performance
6.2.3. Product portfolio
6.2.4. Recent strategic moves & developments
6.2.5. SWOT analysis

6.3. DeVilbiss Healthcare 

6.3.1. Business overview
6.3.2. Financial performance
6.3.3. Product portfolio
6.3.4. Recent strategic moves & developments
6.3.5. SWOT analysis

6.4. Chart Industries

6.4.1. Business overview
6.4.2. Financial performance
6.4.3. Product portfolio
6.4.4. Recent strategic moves & developments
6.4.5. SWOT analysis

6.5. Inova Labs Inc.

6.5.1. Business overview
6.5.2. Financial performance
6.5.3. Product portfolio
6.5.4. Recent strategic moves & developments
6.5.5. SWOT analysis

6.6. Worthington Industries

6.6.1. Business overview
6.6.2. Financial performance
6.6.3. Product portfolio
6.6.4. Recent strategic moves & developments
6.6.5. SWOT analysis

6.7. Inogen Inc.

6.7.1. Business overview
6.7.2. Financial performance
6.7.3. Product portfolio
6.7.4. Recent strategic moves & developments
6.7.5. SWOT analysis

6.8. NIDEK Medical Products, Inc.

6.8.1. Business overview
6.8.2. Financial performance
6.8.3. Product portfolio
6.8.4. Recent strategic moves & developments
6.8.5. SWOT analysis

6.9. Teijin Limited

6.9.1. Business overview
6.9.2. Financial performance
6.9.3. Product portfolio
6.9.4. Recent strategic moves & developments
6.9.5. SWOT analysis

6.10. Koninklijke Philips N.V.

6.10.1. Business overview
6.10.2. Financial performance
6.10.3. Product portfolio
6.10.4. Recent strategic moves & developments
6.10.5. SWOT analysis

Purchase Options

Enquire To Buy

Personalize this research

  • Triangulate with your own data
  • Get Data as per your format and defination
  • Get a deeper dive on a specific application, geography, customer or competitor
10% Off on Customization
Contact Us

Customers Also Viewed