Europe Portable Oxygen Concentrators Market

Market Introduction

A portable oxygen concentrator (POC) is a tool used to administer oxygen treatment to patients who need greater doses of oxygen than that in normal air. It's comparable to concentrators with home oxygen (OC), but is reduced in size and more mobile. These devices enable patients to carry their oxygen along with them and help them to continue their usual activities allowing the freedom to continue a normal lifestyle. Growing prevalence of respiratory disorders, rise in geriatric population and increasing demand for the portable oxygen concentrators as alternative breathing equipment amidst the COVID-19 pandemic are likely to be responsible for the dominance of the market. However, high cost of device is likely to hamper the growth of the market during the forecast period..

Europe Portable Oxygen Concentrators Strategic Insights

Strategic insights for the Europe Portable Oxygen Concentrators provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Portable Oxygen Concentrators Report Scope

Europe Portable Oxygen Concentrators Regional Insights

The geographic scope of the Europe Portable Oxygen Concentrators refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe portable oxygen concentrators market is projected to reach US$ 710.25 million by 2027 from US$ 381.70 million in 2019. The market is estimated to grow at a CAGR of 8.2% from 2020 to 2027. Factors driving the market growth include rising number of COVID-19 cases and increasing prevalence of respiratory diseases. However, the high cost associated with the portable oxygen concentrators is likely to have a negative impact on market growth.

Key Market Segments

By product, the continuous flow segment accounted for the largest share of the Europe portable oxygen concentrators market in 2019. In terms of application, in 2019, the COPD segment held the most significant share of the portable oxygen concentrators market. In terms of end-user, the home care settings segment held the largest market share of the portable oxygen concentrators market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing the Europe portable oxygen concentrators market report are World Health Organization, Ministry of Health and Prevention, and Non Communicable Diseases (NDC).

Reasons to buy the report

• To understand the Europe portable oxygen concentrators market landscape and identify market segments that are most likely to guarantee a strong return
• To stay ahead by comprehending the ever-changing competitive landscape of the Europe portable oxygen concentrators market
• To efficiently plan M&A and partnership deals in the Europe portable oxygen concentrators market by identifying market segments with the most promising probable sales
• To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Europe portable oxygen concentrators market
• To obtain market revenue forecast of various segments from 2018 to 2027 in Europe.

EUROPE PORTABLE OXYGEN CONCENTRATORS MARKET SEGMENTATION

By Product

·         Continuous Flow

·         Pulse Flow

By Application

·         COPD

·         Asthma

·         Respiratory Distress Syndrome

·         Others

By End-User

·         Hospitals

·         Homecare Settings

·         Others

By Country

·         UK

·         Germany

·         France

·         Italy

·         Spain

Company Profiles

• GCE Group (Colfax Corporation)
• Invacare Corporation
• INOGEN INC.
•  Koninklijke Philips N.V