Inogen Inc
INGNInogen Inc (INGN) is a medical technology company that specializes in designing and manufacturing portable oxygen concentrators for people with respiratory conditions. Founded in 2001, Inogen's innovative devices enable patients to maintain greater mobility and independence while receiving oxygen therapy. The company's products are used primarily in the home and during travel, offering a portable alternative to traditional oxygen tanks.
Company News
The global oxygen therapy equipment market is expected to grow from ~$3 billion in 2024 to ~$6 billion by 2032, driven by rising respiratory disorders, increased critical care utilization, and technological advancements in oxygen delivery systems.
The US Durable Medical Equipment Market is projected to grow at 5.03% CAGR from 2025-2033, reaching $97.10 billion, driven by aging population, chronic diseases, and home healthcare demand, with technological advances and market expansion opportunities.
Tosyalı, a major global green steel producer, is expanding its renewable energy efforts by signing an agreement with GE Vernova and Inogen for the first 120 MWp of its 1.2 GW solar self-consumption project in Türkiye. The project will use locally produced Tosyalı V-Solar panels and aims to meet around 50% of Tosyalı's energy needs through sol...
Tosyalı, a leading global green steel producer, is investing in a 1.2 GW self-consumption solar power plant project in Turkey. The project will utilize Tosyalı's locally produced solar panels and is being developed in partnership with GE Vernova and Inogen. The project aims to meet around 50% of Tosyalı's energy needs from solar power, strengt...
Inogen is well-positioned for growth in the portable oxygen concentrator (POC) market, with a strong product portfolio and solid Q2 results. However, it faces stiff competition and forex volatility. The company's stock has outperformed the industry and the S&P 500 year-to-date.
