The Latin America, Middle East and Africa Portable Oxygen Kit Market would witness market growth of 10.5% CAGR during the forecast period (2022-2028).
Portable oxygen kits are often used by medical practitioners for diagnostic and therapeutic purposes. Elderly patients who require a regular supply of oxygen to support their physical and mental health demands often choose medical oxygen gas systems that are stored in portable oxygen kits and are used in home care settings. Emphysema, for example, is a common chronic medical illness that most frequently affects elderly patients and needs constant oxygen therapy or more oxygen.
A wide variety of oxygen systems are used to provide patients with a regulated amount of oxygen. The expansion of the portable oxygen kit market is mostly caused by a rise in the average level of environmental pollution exposure among people. Additionally, an increase in the number of smokers and those who are sensitive to indoor air pollutants can affect the airways and the tiny air sacs in the lungs, which can cause lung disease. These elements are driving the growth of the portable oxygen kits market.
The geriatric population is growing quickly in the countries in the region. Between 2020 and 2050, the number of elderly people in Africa is expected to triple, from 74.4 million to 235.1 million, according to the United States Census Bureau. Over the following three decades, it will witness the fastest growth of any region on the planet. With the majority of African countries possessing an older population of less than 7% by 2050, it is estimated that just over one-fifth of the countries in the region would still have a lower proportion of elderly people. By 2050, Nigeria is anticipated to have the 11th-largest geriatric population in the world, up from its current ranking of 19th in 2020. This factor is propelling the growth of the regional portable oxygen kit market.
The Brazil market dominated the LAMEA Portable Oxygen Kit Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $542.4 million by 2028. The Argentina market is registering a CAGR of 11.1% during (2022 - 2028). Additionally, The UAE market would grow at a CAGR of 10.2% during (2022 - 2028).
Based on End User, the market is segmented into Healthcare, Home Application, Aerospace & Automotive, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Portable Oxygen Kit Market is Predict to reach $29.6 Billion by 2028, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Worthington Industries, Inc., Inogen, Inc., Teijin Limited, Invacare Corporation, Chart Industries, Inc. (First Reserve), O2 Concepts, LLC, Drive DeVilbiss Healthcare (Medical Depot, Inc.), and Nidek Medical Products, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Healthcare
- Home Application
- Aerospace & Automotive
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Koninklijke Philips N.V.
- Worthington Industries, Inc.
- Inogen, Inc.
- Teijin Limited
- Invacare Corporation
- Chart Industries, Inc. (First Reserve)
- O2 Concepts, LLC
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Nidek Medical Products, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Portable Oxygen Kit Market, by End User
1.4.2 LAMEA Portable Oxygen Kit Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Portable Oxygen Kit Market by End User
3.1 LAMEA Healthcare Market by Country
3.2 LAMEA Home Application Market by Country
3.3 LAMEA Aerospace & AutomOtive Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA Portable Oxygen Kit Market by Country
4.1 Brazil Portable Oxygen Kit Market
4.1.1 Brazil Portable Oxygen Kit Market by End User
4.2 Argentina Portable Oxygen Kit Market
4.2.1 Argentina Portable Oxygen Kit Market by End User
4.3 UAE Portable Oxygen Kit Market
4.3.1 UAE Portable Oxygen Kit Market by End User
4.4 Saudi Arabia Portable Oxygen Kit Market
4.4.1 Saudi Arabia Portable Oxygen Kit Market by End User
4.5 South Africa Portable Oxygen Kit Market
4.5.1 South Africa Portable Oxygen Kit Market by End User
4.6 Nigeria Portable Oxygen Kit Market
4.6.1 Nigeria Portable Oxygen Kit Market by End User
4.7 Rest of LAMEA Portable Oxygen Kit Market
4.7.1 Rest of LAMEA Portable Oxygen Kit Market by End User
Chapter 5. Company Profiles
5.1 Koninklijke Philips N.V.
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Product Launches and Product Expansions:
5.1.5.2 Acquisition and Mergers:
5.2 Worthington Industries, Inc.
5.2.1 Company Overview
5.2.2 Financial Analysis
5.2.3 Segmental and Regional Analysis
5.2.4 Research & Development Expenses
5.3 Inogen, Inc.
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Regional Analysis
5.3.4 Research & Development Expenses
5.4 Teijin Limited
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.5 Invacare Corporation
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Regional Analysis
5.5.4 Research & Development Expenses
5.6 Chart Industries, Inc. (First Reserve)
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Segmental and Regional Analysis
5.6.4 Research & Development Expenses
5.7 O2 Concepts, LLC
5.7.1 Company Overview
5.8 Drive DeVilbiss Healthcare (Medical Depot, Inc.)
5.8.1 Company Overview
5.9 Nidek Medical Products, Inc.
5.9.1 Company Overview
TABLE 1 LAMEA Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 4 LAMEA Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 5 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Home Application Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Home Application Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Aerospace & AutomOtive Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Aerospace & AutomOtive Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Portable Oxygen Kit Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Portable Oxygen Kit Market by Country, 2022 - 2028, USD Million
TABLE 15 Brazil Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 16 Brazil Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 17 Brazil Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 18 Brazil Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 19 Argentina Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 20 Argentina Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 21 Argentina Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 22 Argentina Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 23 UAE Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 24 UAE Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 25 UAE Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 26 UAE Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 27 Saudi Arabia Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 28 Saudi Arabia Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 29 Saudi Arabia Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 30 Saudi Arabia Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 31 South Africa Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 32 South Africa Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 33 South Africa Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 34 South Africa Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 35 Nigeria Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 36 Nigeria Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 37 Nigeria Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 38 Nigeria Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 39 Rest of LAMEA Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 40 Rest of LAMEA Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 41 Rest of LAMEA Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 42 Rest of LAMEA Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 43 Key Information – Koninklijke Philips N.V.
TABLE 44 Key Information – Worthington Industries, Inc.
TABLE 45 Key Information – Inogen, Inc.
TABLE 46 Key Information – Teijin Limited
TABLE 47 Key Information – Invacare Corporation
TABLE 48 Key Information – Chart Industries, Inc.
TABLE 49 Key Information – O2 Concepts, LLC
TABLE 50 Key Information – DeVilbiss Healthcare
TABLE 51 Key Information – Nidek Medical Products, Inc.
List of Figures
FIG 1 Methodology for the research