Global Portable Oxygen Concentrator Industry Market Analysis: European and American countries account for 70% to 80% of the market.
Oxygen concentrators are not new products but industrial products with a history of over a hundred years. After entering the 21st century, with the continuous development of electronic/chemical technologies, portable oxygen concentrators that are suitable for home use (such as oxygen inhalation for long-term bedridden patients), hospital wards, nursing homes, and outdoor sports activities (such as alpine mountaineering enthusiasts) and are small in size and easy to carry at any time came into being and quickly became popular among consumers. With the decline in price and the increase in production, portable oxygen concentrators have become a hot-selling medical device product in the international market. Before 2010, the annual global sales volume of portable oxygen concentrators was only 70,000 to 80,000 units. The market was mainly concentrated in the United States and Western Europe. Other countries were still using oxygen produced by industrial oxygen plants (filled into small steel cylinders for patient use). But in the second decade of the 21st century, the production of portable oxygen concentrators has "blossomed" all over the world. According to conservative estimates, at present, the number of global portable oxygen concentrator manufacturers has increased to more than one hundred.
Since 2016, the global sales volume of portable oxygen concentrators has risen in a straight line. In 2020, the global portable oxygen concentrator market size has exceeded 1.3 billion US dollars. The sharp increase in the global sales volume of portable oxygen concentrators is largely related to the promotion of the COVID-19 epidemic. Both the United States and Europe are hard-hit areas of COVID-19. Many severely symptomatic COVID-19 patients need oxygen inhalation treatment. Therefore, European and American countries account for about 70% to 80% of the global portable oxygen concentrator market.
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Shenyang HOlian Precision instrument co.,Ltd founded in 2017,is specialized production of oxygen generator accessories :Miniature solenoid valve for Portable Medical oxygen generator,4 Way 2 position Medical oxygen generator,3L to 10L Medical Oxygen Generator Solenoid Valve,pressure regulator assembly for oxygen concentrator,Pressure reducing Assembly for oxygen concentrator,Pinhole flowmeter of oxygen concentraror,Pinhole flowmeter of Medical oxygen concentrator,5L flowmeter for oxygen concentrator,Special firesafe Valve for oxygen concentrator,Firesafe Cannula Valve Oxygen Supply Tubing Connector,Oxygen primary filter,Medical Grade Filter,Check valve (material PA6),Check valve (material ABS),Oxygen generator accessories Molecular sieve tank head,Oxygen Concentrator Accessories Air Filters,Oxygen Concentrator Accessories NPT1/8-∅8 Connector,Oxygen Concentrator Accessories NPT1/8-∅10 Connector,Oxygen Concentrator Accessories 3 way Nozzle,Oxygen Concentrator Accessories 90° Nozzle,Mold manufacturing and i jection molding.