Global Portable Breathing Machine Market Overview:
Portable breathing machines are portable respiratory therapy devices that deliver concentrated oxygen. A portable breathing machines takes ambient air and filters out everything except for the oxygen. They come in two delivery methods which are pulse dose and continuous flow. All Portable breathing machines provide on-demand (pulse) flow oxygen delivery. A Portable breathing machines draws in air, purifies it by removing its nitrogen, and returns it to the wearer with each breath. Portable breathing machines allow the patients to become more active and get more peace of mind while being on therapy. It can be used on planes, on trains, busses, in institutions, and virtually everywhere the patient needs to be and have proper therapy on the go.
Market Drivers
- Growing Demand from Geriatric Population across the Globe
- Rising Number of Respiratory Diseases such as Chronic Obstructive Pulmonary Disease and Asthma
Market Trend
- Increasing New Launches of Portable Breathing Machines by Key Players
- Rising Adoption of Home Health Care Services in North American and European Countries
Restraints
- Strict Government Regulation Associated with Breathing Machines
Opportunities
- Increasing Research and Development Activities by Established Players
- Growing Government Investments for Developing Healthcare Infrastructure
Challenges
- High Initial Investment Required
Competitive Landscape:
Some of the key players profiled in the report are Inogen, Inc. (United States), Philips Respironics (United States), Resmed (United States), Medtronic (Ireland), BD (United States), GE Healthcare (United States), Teijin Pharma (Japan), Drager Medical (Germany), Fisher & Paykel (New Zealand), Invacare (United States), Mindray (China), Yuwell (China) and Air Liquide (France). Additionally, following companies can also be profiled that are part of our coverage like Omron Healthcare, Inc. (United States). Analyst at AdvanceMarketAnalytics see United States and European Players to retain maximum share of Global Portable Breathing Machine market by 2024. Considering Market by System Type, the sub-segment i.e. Concentrators will boost the Portable Breathing Machine market. Considering Market by End User, the sub-segment i.e. Hospitals & Clinics will boost the Portable Breathing Machine market.
Market Highlights:
On June 27, 2019 - Medtronic plc, a global leader in medical technology, announced that it has completed the acquisition of Titan Spine, a privately-held titanium spine interbody implant and surface technology company.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Portable Breathing Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Portable Breathing Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Portable Breathing Machines, Suppliers of Portable Breathing Machines, Wholesalers, Distributors and Retailers of Portable Breathing Machines, Raw Material Suppliers and Private Research Organization.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.