Industrial Research World

  According to a new report published by Research Dive, the global portable oxygen kits market was accounted for  $1,372.6 million in 2018 , is projected to reach  $2,616.8 million by 2026, and at 8.4% CAGR. Growing awareness among the people about prevalence of chronic obstructive pulmonary disease (COPD) and importance of portable oxygen kits while mountain climbing and participating in adventure activities are key drivers for the portable oxygen kit market growth. As per publication of American Academy of Allergy Asthma and Immunology, around 0.255 million people are suffering with respiratory problems in the world, and is anticipated to increase day by day, due to this, the demand for portable oxygen kit is increasing to diagnose the patients. Furthermore, rising demand of portable oxygen kits from aerospace & automotive industry for drivers and pilots to deliver constant oxygen source in the disaster sites and high speed vehicles is expected to drive the market growth over the

  As per the recent publication of Research Dive, the global Portable oxygen kit market is expected to surpass $2,871.3 million by 2026, at a 9.9% CAGR, during the period of forecast. The segmentation of the global market has been done on the basis of end-use industry. The report provides in-depth insights on opportunities, drivers, vital segments, restraints, and leading players of the global market.  The global health emergency of the COVID-19 pandemic has significantly affected the global portable oxygen kit market growth. The extensive growth of the global market is mainly driven to the increasing emphasis on the major importance of portable oxygen kits over a respiratory illness. Though the markets across the globe are shut down in order to curb the harmful impact of the outbreak of COVID-19, the global market for a portable oxygen kit has shown positive growth, during the analysis period. Due to the climate variability of the March and April, each year patients witness exacerbati