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Portable Oxygen Concentrators: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2018
Date:11/7/2013

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Philips medical chronic disease equipment is able to address market trends. Invacare has been a continuing market leader in articulating the benefits of homecare.

The complexion of the home oxygen market is changing as portable concentrators evolve to be smaller and less expensive. The advent of reliable, inexpensive portable home oxygen concentrators has changed the market dynamic significantly.
The market for oxygen concentrators is being disrupted by the portable devices that can be used to provide oxygen under all circumstances. The reimbursement is too low to support what worked in the past. This is a dramatic shift in the home medical oxygen market.
The move from a primary delivery with a cost structure that accounts for truck rolls to a portable device market is set to bring dramatic changes to the industry. For vendors that have relied on the distribution network and financing the distribution network, their hold on the market has shifted.
Oxygen concentrator markets at $242.5 million in 2012 are anticipated to reach $1.9 billion dollars by 2019. Growth is a result of new competitors in the market, demand for the smaller lighter technology by patients, and the market need by for greater mobility support for older people.

Report Methodology

This is the 558th report in a series of primary market research reports that provide forecasts in communications, telecommunications, the Internet, computer, software, telephone equipment, health equipment, and energy. Automated process and significant growth potential are priorities in topic selection. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases.
The primary research is conducted by talking to customers, distributors and companies. The survey data is not enough to make accurate assessment o
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