Top Portable Oxygen Concentrators Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Portable Oxygen Concentrators Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Portable Oxygen Concentrators industry players.

Portable Oxygen Concentrators Market Competitive Landscape

The expansion of the portable oxygen concentrators industry is primarily due to escalated prevalence of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and various lung ailments, greatly rising the demand for continuous oxygen therapy. The rising elder population, who are more vulnerable to respiratory dysfunctions is further supporting market demand.

Industry Overview

According to SkyQuest Technology “Portable Oxygen Concentrators Market By Deliver System (Continuous Flow, Pulse Flow), By Application (COPD, Asthma, Respiratory Distress Syndrome), By End User (Hospitals, Homecare Settings, Ambulatory Surgical Centers), By Region - Industry Forecast 2025-2032,” Global Portable Oxygen Concentrators Market is projected to grow at a CAGR of over 8.9% by 2032, on account of urgent need for automating quantified data. Technological advancements in POCs, such as compact and lightweight products that consume less energy, are now usable at home and during travel, with longer battery life, ease of usability, and better designs. The rise in preference for home healthcare solutions along with heightened awareness of the advantages of oxygen therapy have also contributed to market growth. Also, favorable reimbursements along with regulatory approvals around the leading regions worldwide are positively impacting this market, particularly with improvements in the overall usage of portable oxygen concentrators in emergency medical services.

Top 10 Global Portable Oxygen Concentrators Companies

Company

Est. Year

Headquarters

Revenue

Key Services

Inogen, Inc.

2001

Goleta, California, USA

USD 336 million (2024)

Portable oxygen concentrators, home oxygen therapy solutions

Philips Respironics

1976

Murrysville, Pennsylvania, USA

USD 1.05 billion (2024)

Respiratory care devices, sleep apnea solutions, portable oxygen concentrators

ResMed Inc.

1989

San Diego, California, USA

USD 5.15 billion (2025)

Sleep apnea devices, chronic obstructive pulmonary disease (COPD) solutions

Drive DeVilbiss Healthcare

2000

Port Washington, New York, USA

USD 750 million (2025)

Respiratory products, mobility aids, home medical equipment

Invacare Corporation

1885

Elyria, Ohio, USA

USD 741.7 million (2022)

Home medical equipment, respiratory products, mobility aids

O2 Concepts LLC

2008

Oklahoma City, Oklahoma, USA

USD 8.9 million (2023)

Portable oxygen concentrators, oxygen therapy solutions

AirSep Corporation

1987

Buffalo, New York, USA

USD 32.5 million (2023)

Oxygen concentrators, gas generation systems

Chart Industries

1854

Ball Ground, Georgia, USA

USD 4.16 billion (2024)

Cryogenic equipment, oxygen systems, gas processing solutions

GCE Healthcare

1995

Uppsala, Sweden

USD 19.7 billion (2024)

Medical gas equipment, oxygen therapy solutions

Precision Medical, Inc.

1982

Northampton, Pennsylvania, USA

USD 38.9 million (2023)

Medical gas equipment, oxygen therapy solutions

1. Inogen, Inc.

Inogen, Inc., founded in 2001 and located in Goleta, California, is an innovator in the portable oxygen concentrator (POC) market. Inogen emphasizes lightweight, user-friendly bar, and efficiently made oxygen therapy devices that increase mobility for patients with chronic respiratory diseases like COPD.

2. Philips Respironics

Philips Respironics was established in 1976 and headquartered in Murrysville, Pennsylvania, USA. Philips Respironics operates as a division of Koninklijke Philips N.V. and is a leading global manufacturing of respiratory care products. Philips Respironics generates a few respiratory care products, which include products for sleep apnea management, oxygen therapy devices, and ventilation devices.

3. ResMed Inc.

ResMed Inc., founded in 1989 and based in San Diego, California, is one of the leading global companies for digital health and cloud-connected devices for the healthcare of patients with respiratory conditions like sleep apnea and COPD. The company produces portable oxygen devices that include sophisticated monitoring systems to track their patient's progress remotely. ResMed generators a platform with data analytics, AI-driven insights, and therapeutic devices to improve patient outcomes and overall quality of life.

4. Drive DeVilbiss Healthcare

Drive DeVilbiss Healthcare is a worldwide manufacturer of medical products, with specific subsidiaries focused on respiratory therapy, mobility, and homecare products. Established in 2000 and headquartered in Port Washington, New York, it is particularly well known for its portable oxygen concentrators. These products are noted for their ruggedness, ease of use, and affordability, for both medical and residential use.

5. Invacare Corporation

Invacare Corporation was founded in 1885 in Elyria, Ohio, and it is one of the oldest and most established manufacturers in the medical products industry. Invacare produces a full range of home and long-term care products, including portable oxygen concentrators, wheelchairs, and respiratory products.

6. O2 Concepts LLC

O2 Concepts LLC was founded in 2008, and is based in Oklahoma City, Oklahoma. O2 Concepts specializes in advanced portable oxygen concentrators which brings together performance and connectivity. Their flagship product lines, the Oxlife Independence and Oxlife Liberty offer both continuous and pulse flow oxygen delivery and also feature integrated Bluetooth technology that can monitor for real time data information.

7. AirSep Corporation

AirSep Corporation was founded in 1987, and is based in Buffalo, New York. There is a strong sense of identity with regards to AirSep being a known provider of oxygen generation and concentrator systems for medical accounts as well as industrial accounts.

8. Chart Industries

Established in 1854 and located in Ball Ground, Georgia, Chart Industries is an internationally recognized leader in cryogenic equipment and gas processing technologies. The healthcare division of the company produces and markets oxygen concentrators, cryogenic storage, and liquid oxygen systems for both medical and industrial applications.

9. GCE Healthcare

Founded in 1995 and located in Uppsala, Sweden, GCE Healthcare is purpose driven company as part of the Gas Control Equipment (GCE) Group. GCE has an expertise in the design of medical gas equipment including oxygen therapy and medical air devices and flow regulators. Based on their designs GCE Healthcare has put forward medical gas devices that can be used in hospitals, clinics, and homecare space with a commitment to precision, safety, and reliability. Portable oxygen concentrators and medical gas devices have been designed based upon their superior engineering to comply with medical standards across the globe.

 10. Precision Medical, Inc.

Founded in 1982, and located in Northampton, Pennsylvania, USA, Precision Medical, Inc. is a family-owned corporation that manufactures respiratory and medical gas equipment. Precision Medical produces a variety of oxygen concentrators, regulators, flowmeters and various suction products for use in hospital and homecare applications. Precision Medical has a legacy of high-quality engineering, American manufacturing, and innovation focused on customer satisfaction. Their equipment is used by medical professionals globally when safety, depend

Other Leading Global Portable Oxygen Concentrators Companies

  • Nidek Medical
  • Invacare HomeCare
  • OxyGo (CAIRE Inc.)
  • SimplyGo by Philips
  • DeVilbiss Healthcare (portable division)
  • AirSep Focus (CAIRE Inc.)
  • Oxlife by O2 Concepts
  • Precision Medical (portable segment)
  • SIBO Healthcare
  • CAIRE Inc.
  • Lincare, Inc.
  • Respironics GoLife (Philips)

Conclusion

The portable oxygen concentrators market is on a steady growth trajectory underpinned by technological advancement, increasing incidence of respiratory disease, and a growing preference for home healthcare. Owing to the shift towards lightweight, portable, and efficient oxygen delivery systems that have improved both comfort and mobility for patients, there has been a notable increase in acceptance by the elderly and individuals who are chronically ill. With increased investment in, enhanced reimbursement for, and awareness of the usefulness of oxygen therapy, the market is expected to continue to grow.

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FAQs

Portable Oxygen Concentrators Market size was valued at USD 2.4 Billion in 2024 and is poised to grow from USD 2.61 Billion in 2025 to USD 5.17 Billion by 2033, growing at a CAGR of 8.9% during the forecast period (2026–2033).

The competitive landscape of the portable oxygen concentrators industry can be characterized by the presence of several key players competing to gain market share. These companies work to innovate their products, widen distribution channels, and even provide after-sales services. In recent time, the dominant players are spending on research and development (R&D) activities to procure advanced product variants. They have also created a POC model line for at-home and travel use. In addition, several top market players are partnering up and indiscriminately indulging in mergers and acquisitions (M&As) to strengthen their market presence and establish an edge over their competitors in the portable oxygen concentrators market. 'Philips Respironics (Philips)', 'ResMed', 'OxyGo', 'Drive Medical', 'GCE Healthcare', 'ConvaTec', 'Invacare', 'Nidek Medical', 'ScottCare', 'Oxygent', 'VitalAire', 'AeroVent', 'Graham-Field Health Products', 'Linde Healthcare', 'Medi-Rent', 'SOMNOMED'

Home-based medical care highlights the importance of portable medical devices that will allow patients to receive care without staying in a hospital or clinic. POCs align with this need for lightweight and easily movable oxygen therapy in a home environment, which is a contributing factor to the increasing demand for both portable oxygen concentrators, or POCs.

North America is dominating with the largest portable oxygen concentrators market share. This is because diseases like respiratory diseases, including chronic obstructive pulmonary disease (COPD), asthma and other lung-related problems are among the most common in the region. Respiratory conditions are common in the region due to the relatively aged population and changing environmental and lifestyle. The increasing prevalence of these diseases are growing the demand for POCs among patient requiring oxygen therapy. In addition, the region has a strong healthcare infrastructure, with modern medical facilities, a well-established healthcare system, and high investment in healthcare R&D. Advanced hospitals, clinics and ambulatory surgery centers provide a conducive environment for adopting POCs. The region has a number of major players in the healthcare and medical device industry, creating a research and development culture.

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Global Portable Oxygen Concentrators Market
Portable Oxygen Concentrators Market

Report ID: SQMIG35E2042

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