The prospects of portable oxygen generators in China are bright. It is expected that the market scale will exceed 500 million yuan by 2030
Portable oxygen generators are a kind of medical equipment, designed to provide convenient and mobile oxygen therapy for patients who need additional oxygen supply. This equipment is usually used in the treatment of diseases such as chronic obstructive pulmonary disease (COPD), heart disease, pulmonary fibrosis, asthma, etc., as well as for travel in high-altitude areas or low-oxygen environments. Portable oxygen generators extract oxygen from the surrounding air and then supply it to patients to help them maintain normal oxygen levels. This equipment is usually very small, lightweight and convenient to carry, allowing patients to use it at home, during outdoor activities or on trips. Portable oxygen generators are powered by brushless DC motors, with a rated voltage of 12V - 18V, power of 30 - 60W and rotational speed of 3000RPM. They are powered by lithium batteries and can generally provide oxygen continuously for more than 4 hours.
Analysis of the Industrial Chain
The upstream materials of oxygen generators mainly include compressors, molecular sieves, filtration systems and plastic shells, etc. Except for a small amount of core materials that are imported, the domestic supply chain is relatively stable. The supply of raw materials has a great impact on the production volume of oxygen generators. In order to reduce costs, oxygen generator manufacturers usually choose to merge and acquire related raw material suppliers or invest in some raw material suppliers to vertically integrate either directly or indirectly. For example, Yuyue Oxygen Generator holds a considerable share in the external procurement company of its muffler components. The downstream of oxygen generators is highly dispersed, with little dependence on a single customer. The downstream applications of oxygen generators are extensive, suitable for places such as families, health stations, clinics, hospitals, sanatoriums, retired cadres' rest homes, etc., as well as for people such as students, white-collar workers, athletes, the elderly, pregnant women and fetuses.
Analysis of the Market Scale
According to the report of Baijian Fanglue, the Chinese portable oxygen generator market has good market prospects in the next few years. The scale of the Chinese portable market will exceed 200 million yuan in 2023, and it is expected to reach 580 million yuan by 2030, with an average annual compound growth rate of 16.21% from 2024 to 2030. Portable oxygen generators are not only widely used in the medical field, but also meet people's needs for oxygen in outdoor sports, high-altitude areas, travel and aviation and other fields. With the continuous progress of science and technology, the technology of portable oxygen generators is constantly innovated. New materials and designs make the equipment lighter, smaller and improve the efficiency of oxygen production and the convenience of use. The increasing demand for personalized medicine and health management promotes portable oxygen generators to provide more personalized functions and customized services.
Major Enterprises
The manufacturing market of portable oxygen generators is a relatively concentrated market. The major manufacturers include Medhart, Cosder, Inogen, Yuyue Medical, SIASUN Medical, Jing'an Medical, Aierte Medical Technology, Shangrui Medical, Infoscan, Haier, Turtle Medical and Nebula Health, etc. Among them, Medhart is the best-selling brand, with an annual sales volume of 50 million yuan, accounting for more than 20% of the Chinese market share. With the continuous introduction of innovative products by enterprises, it is expected that the competition in the Chinese market will further intensify in the future.
Market Driving Factors
Demand from Aging Population: With the increase of the global aging population and the prevalence of chronic respiratory diseases, the portable oxygen generator market shows good growth prospects. Portable oxygen generators are not only widely used in the medical field, but also in outdoor sports, high-altitude areas, travel and aviation and other fields to meet people's needs for oxygen.
Technological Innovation: With the continuous progress of science and technology, the technology of portable oxygen generators is also constantly innovated. New materials and designs make the equipment lighter, smaller, and at the same time improve the efficiency of oxygen production and the convenience of use. For example, adopting more efficient oxygen generation technologies such as compression adsorption and membrane separation can provide more stable and high-purity oxygen.
Growth of Outdoor Activities: People's attention to health and quality of life is constantly increasing, and the demand for portable oxygen generators is also increasing accordingly. More and more people recognize the convenience and benefits of portable oxygen generators, especially those who need to maintain oxygen supply during outdoor activities, travel or sports.
At present, when the prospects of the portable oxygen generator market are bright, Holian has unique opportunities and significant responsibilities.
Having been deeply engaged in the spare parts of oxygen generators for more than ten years, Holian has accumulated rich technical experience and excellent manufacturing techniques. This enables it to provide high-quality and high-performance oxygen concentrator accessories. High-quality oxygen concentrator accessories are the key to the stable operation of oxygen generators. The participation of Holian can ensure the reliability of products and improve the quality standards of the whole industry.
Holian can also participate in the R & D process of portable oxygen generators by virtue of its in-depth understanding of the spare parts market. Through close cooperation with the whole machine manufacturers, it can optimize the product design, reduce costs and improve production efficiency. Meanwhile, the scale effect and supply chain advantages of Holian are helpful to stabilize the supply of spare parts and reduce the production interruption problems caused by factors such as raw material shortages.
In terms of market promotion, the good reputation of Holian can enhance consumers' confidence in portable oxygen generators. As a veteran enterprise in the industry, it can use its influence to promote the establishment and improvement of the industry standards of oxygen generators, push the portable oxygen generator market to develop in a more standardized and healthy direction, and contribute to the long-term prosperity of the industry.
