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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Portable Oxygen Kit Market Size
The global portable oxygen kit market was valued at USD 21.5 billion in 2023, driven by the increasing prevalence of chronic respiratory conditions, rising innovations in the design and functionality of portable oxygen kits across the globe. The market is expected to grow at a CAGR of 6.80% during the forecast period of 2024-2032, with the values likely to rise from USD 22.9 billion to USD 38.7 billion by 2032.
Global Portable Oxygen Kit Market Outlook
- The demand for home oxygen therapy is increasing, owing to the rising prevalence of chronic respiratory conditions and the growing elderly population. Such factors are expected to impact the market dynamics significantly.
- One of the major market trends is the rising technological advancements in portable oxygen kits, leading to the introduction of advanced models that are more compact and lightweight, with monitoring capabilities, quieter operation, and improved battery life.
- The home application segment is experiencing significant growth driven by the growing awareness and acceptance of home-based healthcare coupled with the launch of cost-effective and user-friendly portable oxygen kits in the market.
Portable Oxygen Kit Market Report Snapshots
Portable Oxygen Kit Market Size
Portable Oxygen Kit Market Growth
Portable Oxygen Kit Market Trends
Portable Oxygen Kit Market Share
Portable Oxygen Kit Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124