Portable Oxygen Concentrators Market Size

Portable Oxygen Concentrators Market size was valued at USD 2.2 Billion in 2023 and is poised to grow from USD 2.4 Billion in 2024 to USD 4.7 Billion by 2032, growing at a CAGR of 8.9% during the forecast period (2025-2032).

Portable oxygen inverters can be used by those that need supplemental oxygen that contains higher quantities of co2 than what the air around them contains. They are used particularly for the emergency treatment of individuals with respiratory diseases like obstructive pulmonary disease. Comparison to home healthcare oxygen inverters, portable gas concentrators were small devices, thus easier for the user to carry about. Besides, mountain climbers and tourists use POCs in places deprived of oxygen, next to physicians. This will lead to an increase in the global demand for portable oxygen concentrators, as more individuals develop conditions such as chronic obstructive pulmonary disease around the world. For instance, chronic obstructive pulmonary disorder remains the third leading cause of death in the world today with over 3.33 million deaths attributed to this disease according to the World Health Organization (WHO).

Persons suffering from this condition require supplemental oxygen to increase the concentration of oxygen in their blood and thus help in proper functioning of tissues. Thus, the portable gas extractors will see a healthy growth in their sales, throughout the portable oxygen concentrators market forecast period. These portable gas concentrators are also utilized in non-pressurized aircraft, the glass-blowing business, and the skin care industry.