Portable Oxygen Concentrators Market to 2021: Drivers, Trends & Growth Analysis by Radiant Insights

Portable Oxygen Concentrators Market Current Trends, Size, Share,

Industry Analysis, Competitive Intelligence, Growth, Opportunities and

Global Forecasts to 2015 - 2021

The portable oxygen concentrators market is projected to reach USD 2.2 billion by 2021. It had a

previous turnaround of USD 744 million in 2014. Major factors for growth in the market are the

geriatric population and need for oxygen. Demand for pure oxygen in the light of recent events

of rising pollution levels will drive the market demand.

A portable oxygen concentrator (POC) is a portable device used to provide oxygen to patients

requiring oxygen therapy. These devices are safer and less expensive than compressed oxygen

cylinders. It increases the oxygen concentration by taking the air from its surrounding. These

devices are used by mountaineers while climbing places with limited amount of oxygen. It has

been approved by the FAA (Federal Aviation Administration) to be used on airplanes in case of

an emergency. Increasing number of people with COPD (chronic obstructive pulmonary disease)

has opened up growth avenues for the portable oxygen concentrators market.

Read Complete Report with TOC: http://www.radiantinsights.com/research/portableoxygen-concentrators-market

Products in the portable oxygen concentrators market are pulse dose and continuous flow system.

Pulse dose system is the commonly used oxygen concentrator on account of its light weight and

long battery lasting 8 hours on a single battery charge. Continuous flow systems are required by

people suffering from sleep apnea and other related diseases.

Oxygen concentrators have become light and portable making it convenience for the user. This

has led market players to invent a better portable concentrator to gain a competitive advantage.

The market sees the geriatric population as a viable area for expanding its product base.

North America and Europe are currently dominating the portable oxygen concentrators market

on account of high levels...