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Portable Oxygen Kit Market By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 249 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713189
The global portable oxygen kit market share is envisioned to garner $35,819 million by 2031, growing from $18,658 million in 2021 at a CAGR of 7.0% from 2021 to 2031.

Portable oxygen kits provide oxygen therapy to people who suffer from breathing disorders like asthma and require medical oxygen supply at unpredictable times. It's similar to a home oxygen concentrator (OC), but smaller and more portable. Portable oxygen kits are used more frequently by people who have asthma and COPD (chronic obstructive pulmonary disease). Portable oxygen kits come in a variety of sizes and weights and are equipped with other accessories like nasal tubes and an oxygen mask.

Increased prevalence of respiratory diseases like emphysema, and chronic bronchitis among people due to their unhealthy lifestyle like smoking has accelerated the demand for oxygen which has further boosted the growth of portable oxygen kits in the market. Furthermore, growing demand for portable oxygen kit in home application due to rising COVID-19 cases, globally, along with rising need for clean oxygen is further projected to drive the portable oxygen kit market growth in forecast time period.

Technological advancements like the downsizing of medical equipment that make oxygen kits portable and travel-friendly is another factor contributing to the growth of the portable oxygen kit market share in near future.

Some factors adversely affecting the revenue growth of the market are high cost associated with the manufacturing of portable oxygen kits and lack of availability of this product in market due to high demand.

Major market players such O2 Concepts, Koninklijke Philips N.V, and others are coming up with different products to meet the increasing demand for portable oxygen kit in the market. For instance, in March 2022, GRS India, New Delhi-based startup introduced an oxygen portable kit powered by a smartphone. This smartphone-powered portable oxygen gadget aims to provide patients with a cost-effective and reliable oxygen source. Such technological advancements are responsible for providing growth opportunity for portable oxygen kit market size in the coming years.

COVID-19 has flu-like symptoms such as fever, coughing, and breathing difficulties. Breathing issues and low blood oxygen levels were among the signs that people frequently noted. The demand for oxygen cylinders increased dramatically as a result of the outbreak's severe oxygen shortage. These increased the need for transportable oxygen cylinders. Portable oxygen kits are used by patients who need supplementary oxygen because they are practical, lightweight, and simple to use. During the COVID-19 pandemic, these factors increased the demand for portable oxygen kits..

The key players profiled in the portable oxygen kit market analysis report include O2 Concepts, DeVilbiss Healthcare, Chart Industries, Inova Labs Inc., NIDEK Medical Products Inc., Teijin Limited, Koninklijke Philips N.V., Invacare Corporation, Worthington Industries, and Inogen Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the portable oxygen kit market analysis from 2021 to 2031 to identify the prevailing portable oxygen kit market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the portable oxygen kit market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global portable oxygen kit market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End User

  • Healthcare
  • Home Application
  • Aerospace and Automotive
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest Of LAMEA

Key Market Players

  • INVACARE CORPORATION
  • O2 CONCEPTS, LLC
  • DeVilbiss Healthcare LLC
  • Chart Industries Inc.
  • Inova Labs
  • Worthington Industries, Inc.
  • Inogen Inc
  • NIDEK Medical Products
  • TEIJIN LIMITED
  • Koninklijke Philips N.V.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Value Chain Analysis
3.8. Key Regulation Analysis
3.9. Patent Landscape
3.10. Market Share Analysis

CHAPTER 4: PORTABLE OXYGEN KIT MARKET, BY END USER
4.1 Overview
4.1.1 Market size and forecast
4.2 Healthcare
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Home Application
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Aerospace and Automotive
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: PORTABLE OXYGEN KIT MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by End User
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Market size and forecast, by End User
5.2.3.2 Canada
5.2.3.2.1 Market size and forecast, by End User
5.2.3.3 Mexico
5.2.3.3.1 Market size and forecast, by End User
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by End User
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Market size and forecast, by End User
5.3.3.2 UK
5.3.3.2.1 Market size and forecast, by End User
5.3.3.3 France
5.3.3.3.1 Market size and forecast, by End User
5.3.3.4 Spain
5.3.3.4.1 Market size and forecast, by End User
5.3.3.5 Italy
5.3.3.5.1 Market size and forecast, by End User
5.3.3.6 Rest of Europe
5.3.3.6.1 Market size and forecast, by End User
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by End User
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Market size and forecast, by End User
5.4.3.2 Japan
5.4.3.2.1 Market size and forecast, by End User
5.4.3.3 India
5.4.3.3.1 Market size and forecast, by End User
5.4.3.4 South Korea
5.4.3.4.1 Market size and forecast, by End User
5.4.3.5 Australia
5.4.3.5.1 Market size and forecast, by End User
5.4.3.6 Rest of Asia-Pacific
5.4.3.6.1 Market size and forecast, by End User
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by End User
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Market size and forecast, by End User
5.5.3.2 Saudi Arabia
5.5.3.2.1 Market size and forecast, by End User
5.5.3.3 UAE
5.5.3.3.1 Market size and forecast, by End User
5.5.3.4 South Africa
5.5.3.4.1 Market size and forecast, by End User
5.5.3.5 Rest of LAMEA
5.5.3.5.1 Market size and forecast, by End User

CHAPTER 6: COMPANY LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Key developments

CHAPTER 7: COMPANY PROFILES
7.1 INVACARE CORPORATION
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Product portfolio
7.1.5 Business performance
7.1.6 Key strategic moves and developments
7.2 O2 CONCEPTS, LLC
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Business performance
7.2.6 Key strategic moves and developments
7.3 DeVilbiss Healthcare LLC
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 Chart Industries Inc.
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 Inova Labs
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 Worthington Industries, Inc.
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Business performance
7.6.6 Key strategic moves and developments
7.7 Inogen Inc
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 NIDEK Medical Products
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Product portfolio
7.8.5 Business performance
7.8.6 Key strategic moves and developments
7.9 TEIJIN LIMITED
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Product portfolio
7.9.5 Business performance
7.9.6 Key strategic moves and developments
7.10 Koninklijke Philips N. V.
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Product portfolio
7.10.5 Business performance
7.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 2. Portable Oxygen Kit Market, for Healthcare, by Region, 2021-2031 ($Million)
Table 3. Portable Oxygen Kit Market for Healthcare, by Country, 2021-2031 ($Million)
Table 4. Portable Oxygen Kit Market, for Home Application, by Region, 2021-2031 ($Million)
Table 5. Portable Oxygen Kit Market for Home Application, by Country, 2021-2031 ($Million)
Table 6. Portable Oxygen Kit Market, for Aerospace and Automotive, by Region, 2021-2031 ($Million)
Table 7. Portable Oxygen Kit Market for Aerospace and Automotive, by Country, 2021-2031 ($Million)
Table 8. Portable Oxygen Kit Market, for Others, by Region, 2021-2031 ($Million)
Table 9. Portable Oxygen Kit Market for Others, by Country, 2021-2031 ($Million)
Table 10. Portable Oxygen Kit Market, by Region, 2021-2031 ($Million)
Table 11. North America Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 12. North America Portable Oxygen Kit Market, by Country, 2021-2031 ($Million)
Table 13. U.S. Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 14. Canada Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 15. Mexico Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 16. Europe Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 17. Europe Portable Oxygen Kit Market, by Country, 2021-2031 ($Million)
Table 18. Germany Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 19. UK Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 20. France Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 21. Spain Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 22. Italy Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 23. Rest of Europe Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 24. Asia-Pacific Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 25. Asia-Pacific Portable Oxygen Kit Market, by Country, 2021-2031 ($Million)
Table 26. China Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 27. Japan Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 28. India Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 29. South Korea Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 30. Australia Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 31. Rest of Asia-Pacific Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 32. LAMEA Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 33. LAMEA Portable Oxygen Kit Market, by Country, 2021-2031 ($Million)
Table 34. Brazil Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 35. Saudi Arabia Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 36. UAE Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 37. South Africa Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 38. Rest of LAMEA Portable Oxygen Kit Market, by End-user, 2021-2031 ($Million)
Table 39. Invacare Corporation: Company Snapshot
Table 40. Invacare Corporation: Operating Segments
Table 41. Invacare Corporation: Product Portfolio
Table 42. Invacare Corporation: Net Sales,
Table 43. Invacare Corporation: Key Strategies
Table 44. O2 Concepts, LLC: Company Snapshot
Table 45. O2 Concepts, LLC: Operating Segments
Table 46. O2 Concepts, LLC: Product Portfolio
Table 47. O2 Concepts, LLC: Net Sales,
Table 48. O2 Concepts, LLC: Key Strategies
Table 49. Devilbiss Healthcare LLC: Company Snapshot
Table 50. Devilbiss Healthcare LLC: Operating Segments
Table 51. Devilbiss Healthcare LLC: Product Portfolio
Table 52. Devilbiss Healthcare LLC: Net Sales,
Table 53. Devilbiss Healthcare LLC: Key Strategies
Table 54. Chart Industries Inc.: Company Snapshot
Table 55. Chart Industries Inc.: Operating Segments
Table 56. Chart Industries Inc.: Product Portfolio
Table 57. Chart Industries Inc.: Net Sales,
Table 58. Chart Industries Inc.: Key Strategies
Table 59. Inova Labs: Company Snapshot
Table 60. Inova Labs: Operating Segments
Table 61. Inova Labs: Product Portfolio
Table 62. Inova Labs: Net Sales,
Table 63. Inova Labs: Key Strategies
Table 64. Worthington Industries, Inc.: Company Snapshot
Table 65. Worthington Industries, Inc.: Operating Segments
Table 66. Worthington Industries, Inc.: Product Portfolio
Table 67. Worthington Industries, Inc.: Net Sales,
Table 68. Worthington Industries, Inc.: Key Strategies
Table 69. Inogen Inc: Company Snapshot
Table 70. Inogen Inc: Operating Segments
Table 71. Inogen Inc: Product Portfolio
Table 72. Inogen Inc: Net Sales,
Table 73. Inogen Inc: Key Strategies
Table 74. Nidek Medical Products: Company Snapshot
Table 75. Nidek Medical Products: Operating Segments
Table 76. Nidek Medical Products: Product Portfolio
Table 77. Nidek Medical Products: Net Sales,
Table 78. Nidek Medical Products: Key Strategies
Table 79. Teijin Limited: Company Snapshot
Table 80. Teijin Limited: Operating Segments
Table 81. Teijin Limited: Product Portfolio
Table 82. Teijin Limited: Net Sales,
Table 83. Teijin Limited: Key Strategies
Table 84. Koninklijke Philips N.V.: Company Snapshot
Table 85. Koninklijke Philips N.V.: Operating Segments
Table 86. Koninklijke Philips N.V.: Product Portfolio
Table 87. Koninklijke Philips N.V.: Net Sales,
Table 88. Koninklijke Philips N.V.: Key Strategies

List of Figures
Figure 1. Portable Oxygen Kit Market Segmentation
Figure 2. Portable Oxygen Kit Market, 2021-2031
Figure 3. Portable Oxygen Kit Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Portable Oxygen Kit Mark.:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Key Regulation Analysis
Figure 14. Patent Analysis by Company
Figure 15. Patent Analysis by Country
Figure 16. Market Share Analysis
Figure 17. Portable Oxygen Kit Market, By End-user, 2021(%)
Figure 18. Comparative Share Analysis of Healthcare Portable Oxygen Kit Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Home Application Portable Oxygen Kit Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Aerospace and Automotive Portable Oxygen Kit Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Others Portable Oxygen Kit Market, 2021-2031(%)
Figure 22. Portable Oxygen Kit Market by Region, 2021
Figure 23. U.S. Portable Oxygen Kit Market, 2021-2031($Million)
Figure 24. Canada Portable Oxygen Kit Market, 2021-2031($Million)
Figure 25. Mexico Portable Oxygen Kit Market, 2021-2031($Million)
Figure 26. Germany Portable Oxygen Kit Market, 2021-2031($Million)
Figure 27. Uk Portable Oxygen Kit Market, 2021-2031($Million)
Figure 28. France Portable Oxygen Kit Market, 2021-2031($Million)
Figure 29. Spain Portable Oxygen Kit Market, 2021-2031($Million)
Figure 30. Italy Portable Oxygen Kit Market, 2021-2031($Million)
Figure 31. Rest of Europe Portable Oxygen Kit Market, 2021-2031($Million)
Figure 32. China Portable Oxygen Kit Market, 2021-2031($Million)
Figure 33. Japan Portable Oxygen Kit Market, 2021-2031($Million)
Figure 34. India Portable Oxygen Kit Market, 2021-2031($Million)
Figure 35. South Korea Portable Oxygen Kit Market, 2021-2031($Million)
Figure 36. Australia Portable Oxygen Kit Market, 2021-2031($Million)
Figure 37. Rest of Asia-Pacific Portable Oxygen Kit Market, 2021-2031($Million)
Figure 38. Brazil Portable Oxygen Kit Market, 2021-2031($Million)
Figure 39. Saudi Arabia Portable Oxygen Kit Market, 2021-2031($Million)
Figure 40. Uae Portable Oxygen Kit Market, 2021-2031($Million)
Figure 41. South Africa Portable Oxygen Kit Market, 2021-2031($Million)
Figure 42. Rest of LAMEA Portable Oxygen Kit Market, 2021-2031($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Invacare Corporatio.: Net Sales, ($Million)
Figure 50. O2 Concepts, LL.: Net Sales, ($Million)
Figure 51. Devilbiss Healthcare LL.: Net Sales, ($Million)
Figure 52. Chart Industries Inc.: Net Sales, ($Million)
Figure 53. Inova Lab.: Net Sales, ($Million)
Figure 54. Worthington Industries, Inc.: Net Sales, ($Million)
Figure 55. Inogen In.: Net Sales, ($Million)
Figure 56. Nidek Medical Product.: Net Sales, ($Million)
Figure 57. Teijin Limite.: Net Sales, ($Million)
Figure 58. Koninklijke Philips N.V.: Net Sales, ($Million)

Executive Summary

According to the report, “Portable Oxygen Kit Market," the portable oxygen kit market size was valued at $18.7 billion in 2021, and is estimated to reach $35.8 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.

Medical professionals frequently use portable oxygen kits for therapeutic and diagnostic purposes. Medical oxygen gas systems that are kept in portable oxygen kits and are utilised in home care settings are typically chosen by elderly patients who need a consistent supply of oxygen to support their physical and mental health needs.. For instance, Emphysema is a frequent chronic medical condition, most prevalent in elderly patients and requires continuous oxygen therapy or additional oxygen. To give patients a controlled amount of oxygen, numerous different types of oxygen systems are employed. Portable oxygen kit market growth is majorly driven by an increase in everyday environmental pollutant exposure by the people. Additionally, a rise in the number of people, who are sensitive to indoor air pollutants, as well as a rise in the number of people who smoke regularly can harm your airways and the tiny air sacs (alveoli) in your lungs, which can lead to lung illness. these factors are driving the portable oxygen kit market share.

In recent years, the demand for portable oxygen kit, worldwide, has observed a steep growth. As the number of patients, suffering from chronic respiratory diseases, has increased, more patients have started looking for home based medical oxygen kits like portable oxygen kits and concentrators to have every time access to medical oxygen supply at any place. With a portable oxygen kit, patients no longer have to rely on external providers for oxygen tanks and refills. Portable oxygen concentrators have the advantages of being lightweight, not looking like a medical gadget, and allowing to be more independent.

However, some of the disadvantages of portable oxygen kit include availability of limited stock of oxygen and the need for refilling the cylinder or can after use. Also, high cost of portable oxygen kits makes it difficult for the patients in underdeveloped regions to afford such expensive treatment. Apart from this, in some cases, portable oxygen kits can malfunction if they are not used in a while. All these factors are like to hinder portable oxygen kit market trend growth in the future.

The demand for portable oxygen kit for personal use by Chronic Obstructive Pulmonary Disease (COPD) patients, who require oxygen therapy, has skyrocketed in the last decade. Because of its reduced size and weight, portable oxygen kits have become a popular medical device among geriatric patients who prefer to have their respiratory disease treatment at home. Also, portable oxygen kits are easy for carrying during travel which makes them more appealing for the respiratory disease patients to carry these equipment’s with them to different locations. All these factors are likely to flourish portable oxygen kit market growth in the next few years.

The global portable oxygen kit market share is segmented based on end-use, and region. By end-use, it is classified into healthcare, home applications, aerospace & automotive, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the portable oxygen kit industry report include Inova Labs Inc., NIDEK Medical Products Inc., Teijin Limited, Koninklijke Philips N.V., Invacare Corporation, Worthington Industries, Inogen Inc., O2 Concepts, DeVilbiss Healthcare, and Chart Industries.

The report offers a comprehensive analysis of the global portable oxygen kit market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

Impact of COVID-19 on the Global Portable Oxygen Kit Industry

The COVID-19 pandemic has had a significant impact on nearly every industry, and its long-term ramifications are anticipated to drive the growth of the portable oxygen kit market during the course of the forecast period.

The unexpected COVID-19 outbreak has led to a huge rise in the demand of oxygen kit as symptoms of COVID-19 includes breathlessness, low oxygen level in blood and other, this resulted into the increased demand for the portable oxygen kits in the market.

Companies Mentioned

  • INVACARE CORPORATION
  • O2 CONCEPTS, LLC
  • DeVilbiss Healthcare LLC
  • Chart Industries Inc.
  • Inova Labs
  • Worthington Industries, Inc.
  • Inogen Inc
  • NIDEK Medical Products
  • TEIJIN LIMITED
  • Koninklijke Philips N.V.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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