By the end of 2022, the portable oxygen concentrator market is expected to have grown to US$ 1.9 billion, with a compound annual growth rate (CAGR) of 10.1% between 2022 and 2032. Sales in the sector are predicted to surpass US$ 5.0 billion by 2032. The need for portable oxygen concentrators is mostly being driven …
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Portable Oxygen Concentrators Market: Breathing Towards a US$ 5.0 Billion Milestone, Surpassing Expectations by 2032| Future Market insights,Inc.
The Portable Oxygen Concentrators Market has been witnessing significant growth in recent years, driven by the increasing prevalence of respiratory diseases and a growing aging population. These innovative medical devices are designed to provide a continuous supply of oxygen to individuals with chronic respiratory conditions, such as chronic obstructive pulmonary disease (COPD) and emphysema, allowing them to …