Portable Oxygen Concentrators Market Share And Growth Report 2033

The global portable oxygen concentrators market size was valued at USD 1.9 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 3.5 Billion by 2033, exhibiting a CAGR of 6.97% from 2025-2033. North America currently dominates the market, holding a significant market share of over 38.9% in 2024. The major factors driving the market are the rising cases of respiratory diseases such as chronic obstructive pulmonary disease, asthma, and cystic fibrosis, rising geriatric population and growing affinity for home-based medical treatment.

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