The North America Portable Oxygen Kit Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
The demand for portable oxygen kits has increased dramatically in recent years. In order to always have access to medical oxygen supply wherever, many patients with chronic respiratory disorders have started opting for home-based medical oxygen kits, such as portable oxygen kits and concentrators. Patients no longer need to rely on outside suppliers for oxygen tanks and refills owing to the portable oxygen kit. The advantages of portable oxygen concentrators are their light weight, lack of a medical device appearance, and ability to increase independence.
As people become older and lead unhealthy lifestyles, chronic respiratory disorders such as chronic obstructive pulmonary disease, asthma, emphysema, and chronic bronchitis are becoming more common. Additionally, as the number of elderly people suffering from respiratory issues is increasing quickly and the requirement for oxygen kits has accelerated even further, there will likely be a greater need for portable oxygen kits.
In the US, tobacco smoke plays a significant role in the onset and progression of COPD. Respiratory infections, hereditary factors, and exposure to air pollutants at home and at work all contribute. Indoor air quality is regarded to be more important than it is in the United States in poor countries. To reduce their risk of getting COPD, people should aim to limit their exposure to cigarette smoke, indoor air pollution, and respiratory infections. Early diagnosis of COPD may alter the disease's course and progression. Due to the rising prevalence of this disease, the adoption of oxygen cylinders is significantly increasing within regional countries for home applications as well as in healthcare facilities. Therefore, this factor is playing a major role in accelerating the growth of the regional portable oxygen kit market.
The US market dominated the North America Portable Oxygen Kit Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,826.6 million by 2028. The Canada market is experiencing a CAGR of 8.5% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 8.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Portable Oxygen Kit Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Portable Oxygen Kit Market, by End User
1.4.2 North America 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. North America Portable Oxygen Kit Market by End User
3.1 North America Healthcare Market by Country
3.2 North America Home Application Market by Country
3.3 North America Aerospace & AutomOtive Market by Country
3.4 North America Others Market by Country
Chapter 4. North America Portable Oxygen Kit Market by Country
4.1 US Portable Oxygen Kit Market
4.1.1 US Portable Oxygen Kit Market by End User
4.2 Canada Portable Oxygen Kit Market
4.2.1 Canada Portable Oxygen Kit Market by End User
4.3 Mexico Portable Oxygen Kit Market
4.3.1 Mexico Portable Oxygen Kit Market by End User
4.4 Rest of North America Portable Oxygen Kit Market
4.4.1 Rest of North America 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 North America Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 2 North America Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 3 North America Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 4 North America Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 5 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Home Application Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Home Application Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Aerospace & AutomOtive Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Aerospace & AutomOtive Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Portable Oxygen Kit Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Portable Oxygen Kit Market by Country, 2022 - 2028, USD Million
TABLE 15 US Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 16 US Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 17 US Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 18 US Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 19 Canada Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 20 Canada Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 21 Canada Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 22 Canada Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 23 Mexico Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 24 Mexico Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 25 Mexico Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 26 Mexico Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 27 Rest of North America Portable Oxygen Kit Market, 2018 - 2021, USD Million
TABLE 28 Rest of North America Portable Oxygen Kit Market, 2022 - 2028, USD Million
TABLE 29 Rest of North America Portable Oxygen Kit Market by End User, 2018 - 2021, USD Million
TABLE 30 Rest of North America Portable Oxygen Kit Market by End User, 2022 - 2028, USD Million
TABLE 31 Key Information – Koninklijke Philips N.V.
TABLE 32 Key Information – Worthington Industries, Inc.
TABLE 33 Key Information – Inogen, Inc.
TABLE 34 Key Information – Teijin Limited
TABLE 35 Key Information – Invacare Corporation
TABLE 36 Key Information – Chart Industries, Inc.
TABLE 37 Key Information – O2 Concepts, LLC
TABLE 38 Key Information – DeVilbiss Healthcare
TABLE 39 Key Information – Nidek Medical Products, Inc.
List of Figures
FIG 1 Methodology for the research