Global Portable Oxygen Kit Market: Valued at USD 39.1 billion in 2032 & Register Around 7.20% CAGR Through 2032
As per the research report by Report Cube, the Global Portable Oxygen Kit Market size is valued at USD 39.1 billion in 2032 and is estimated to grow at a CAGR of about 7.20% during the forecast period, 2025-32.
The widespread presence of chronic obstructive pulmonary disease (COPD) & the growing incidence of it is boosting the adoption of portable oxygen kits. Along with this, an upscale in the number of smokers, is predicted to boost the market. The Portable Oxygen Kit Industry is foreseen to grow in the approaching years due to the high frequency of respiratory illnesses induced by tobacco smoke. Furthermore, the requirement for portable oxygen kits would increase due to an older population with respiratory illnesses who require immediate medical oxygen supply without much travel.
Additionally, one of the most notable market trends is the rising technological advancements in portable oxygen kits, which has resulted in the launch of new models that are more compact & lightweight, with monitoring capabilities, quieter operation, and longer battery life. Manufacturers are continually investing in new models that are smaller & lighter, operate quietly, and have a longer battery life. This augmented emphasis on patient comfort & convenience is predicted to elevate market value in coming years.
Furthermore, portable oxygen kits are a vital backup for pressurized aircraft, offering oxygen in the case of a pressurization failure. Also, military aircraft & high-speed spaceships rely on portable oxygen tanks since their high speeds might deplete oxygen in the bodies of pilots & passengers, perhaps leading to unconsciousness. Thus, these kits are fitted on certain planes to reduce the risk. As a result, this necessity is expected to drive significant growth in industry worldwide, further states the research study, Global Portable Oxygen Kit Market Analysis, 2025.
Analyzing the Global Portable Oxygen Kit Market Segmentation
Home Application to Dominate the Global Portable Oxygen Kit Market
By application, the Global Portable Oxygen Kit Market is bifurcated into: Healthcare, Home Application, Aerospace & Automotive, and Others.
The Home Application is envisioned to lead the Global Portable Oxygen Kit Market in the future years. This ascendency stems from the increasing demand for portable oxygen kits for home usage, predominantly among the elderly who suffer from chronic respiratory illness. Further, technical progressions have resulted in smaller, more portable gadgets, making them more appropriate for home use.
North America to Thrive in the Forecast Years
North America is presumed to be the prominent region in the Portable Oxygen Kit Industry in the upcoming years. The region's persistently increasing senior population, as well as the related respiratory issues with aging, are major factors fueling the North America Portable Oxygen Kit Market. Additionally, government programs, like the Federal Aviation Administration's (FAA) approval of portable oxygen concentrators for air travel, as well as an upgrade in the incidence of severe chronic obstructive pulmonary disease caused by unhealthy lifestyles, are infusing the regional market.
Global Portable Oxygen Kit Market Companies Analysis
With the strategic analysis & market study the leading companies, including Invacare Corporation, O2 Concepts LLC, DeVilbiss Healthcare LLC (Drive DeVilbiss International), Teijin Limited, NIDEK Medical Products, Worthington Industries, Inc., Inogen, Inc., Koninklijke Philips N.V., Chart Industries, Inc, and Others, are predicted to contribute in the growing market outlook.