Shenyang Honglian Precision Instrument Co.,Ltd.

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.

Holian has been deeply involved in the field of oxygen concentrator accessories for more than ten years. It has not only established a professional independent design team but also built its own exclusive factory. The factory is equipped with high-quality production equipment from various manufacturers. After years of accumulation, it has amassed abundant technical strength, and its exquisite manufacturing techniques have reached a high level of perfection. With these advantages, Holian is able to produce high-quality and high-performance oxygen concentrator accessories, and such accessories are precisely the core elements for the stable operation of oxygen concentrators. With the assistance of Holian, the reliability of products is ensured, and the quality benchmark of the entire industry is also raised accordingly.

With its in-depth insight into the accessory market, Holian also actively participates in the research and development process of portable oxygen concentrators. It closely collaborates with complete machine manufacturers. On the one hand, it optimizes product design to ensure product quality from the source. On the other hand, it effectively controls costs and helps improve production efficiency. Meanwhile, Holian’s scale advantages and powerful supply chain integration capabilities can ensure the stable supply of accessories without worry, greatly reducing the risk of production interruption caused by raw material shortages. Holian fully empowers its partners with excellent quality, significant price advantages, and a stable supply system, and jointly creates excellent achievements.

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