According to GlobalData’s medical device pipeline database, 14 Portable Oxygen Concentrators devices are in various stages of development globally. GlobalData’s report provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, nine are in active development, while the remaining seven are in an inactive stage of development. There are four products in the early stages of development, and the remaining five are in the late stages of development.
Portable oxygen concentrator provides a continuous flow of oxygen by separating oxygen from room air and further compressing it followed by its filtration with the help of a molecular sieve. They are similar to a fixed oxygen concentrator, but are smaller in size and henceforth provide more mobility. They are used by the patients who suffer from a variety of disorders such as lung cancer, emphysema, bronchitis, or acute pneumonia, who require supplemental oxygen. A portable oxygen concentrator delivers oxygen between the ranges of less than 1 LPM to 6 LPM of continuous-flow oxygen. One unit refers to one portable oxygen concentrator. Similar to the fixed devices, portable devices contain various consumable components. This segment excludes the consumable component of the portable device, including straps, belts, nasal cannulas, filters, tubing, etc.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
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Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Portable Oxygen Concentrators pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Portable Oxygen Concentrators devices. Overall, most of these Portable Oxygen Concentrators pipeline devices are being developed by private entities.
Key players involved in the active development of Portable Oxygen Concentrators include Belluscura, Reactive Innovations, Tda Research, Vivaspire, Filtara, GRS India, Indian Institute of Science Education & Research, Kwivik Therapeutics, Lehigh University and Massachusetts Institute of Technology.
For a complete picture of the developmental pipeline for Portable Oxygen Concentrators devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
