Europe Portable Oxygen Concentrators Market Size, Share, and Analysis by 2027
Europe Portable Oxygen Concentrators Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Continuous Flow, Pulse Flow); Application (COPD, Asthma, Respiratory Distress Syndrome, Others); End User (Hospitals, Homecare Settings, Others); and Country
- Report Date : Aug 2020
- Report Code : TIPRE00012999
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 126
The Europe portable oxygen concentrators market is expected 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.
The growth of the market is attributed to the rising number of COVID-19 cases and increasing prevalence of respiratory diseases. However, the high cost associated with the portable oxygen concentrators is expected to restraint the growth of the market during the forecast years
The Europe portable oxygen concentrators market is expected to witness significant growth during the forecast period due to the increasing incidence of these diseases is likely to account for the growth of portable oxygen concentrators market in the region. With the rising incidence of COVID-19 in the country, the need for emergency breathing equipment has also remarkably spiked up in the recent times. According to the World Health Organization and Worldometer’s data, approximately 203k cases of COVID-19 were confirmed in Germany by July 2020. The rising number of patients falling short of breathing equipment is likely to account for growth of the market over the coming years.
The UK is one of the key markets for portable oxygen concentrators in Europe. According to the British Lung Foundation (BLF), approximately 10,000 people in the UK are newly diagnosed with a lung disease every week. Medical conditions such as Asthma, chronic obstructive pulmonary disorder (COPD) and long-term respiratory illness affects approximately 1 in 5 people in the country implying serious prevalence of these diseases and the need to curb and manage these conditions.
Furthermore, increasing healthcare expenditure, another factor that is likely to boost the market growth in the coming years. As per the report of the National Health Service (NHS), health expenditure, which includes health research, medical services, and central & other health services per capita in England, has risen to US$ 2,800 in 2016 from about US$ 2,500 in 2012. According to Foundation Trust Network, in 2014, around total expenditure on surgery in the NHS in England amounts to US$ 6.8 billion (£4.5 billion), which is more than 4% of the total NHS budget..
Europe Portable Oxygen Concentrators Market Revenue and Forecast to 2027 (US$ Million)
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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.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Application, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Portable Oxygen Concentrators Market– By Product
1.3.2 Europe Portable Oxygen Concentrators Market– By Application
1.3.3 Europe Portable Oxygen Concentrators Market– By End User
1.3.4 Europe Portable Oxygen Concentrators Market– By Region
2. Portable Oxygen Concentrators Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Portable Oxygen Concentrators – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Expert Opinion
5. Europe Portable Oxygen Concentrators Market – Industry Dynamics
5.1 Key Drivers
5.1.1 Rising Number of COVID-19 Cases
5.1.2 Increasing Prevalence of Respiratory Diseases
5.2 Market Restraints
5.2.1 High Costs of Portable Oxygen Concentrators
5.3 Market Opportunities
5.3.1 Technological Advancement in Portable Oxygen Concentrators
5.4 Future Trends
5.4.1 Increasing Preference of Home Care Products
5.5 Impact Analysis
6. Portable Oxygen Concentrators Market – Regional Analysis
6.1 Europe Transdermal drug delivery system Market Revenue Forecast And Analysis
7. Portable Oxygen Concentrators Market Analysis – By Product
7.1 Overview
7.2 Portable Oxygen Concentrators Market Revenue Share, by Product, 2019 and 2027 (%)
7.2.1.1 Europe Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
7.3 Continuous Flow
7.3.1 Overview
7.3.2 Continuous Flow: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Pulse Flow
7.4.1 Overview
7.4.2 Pulse Flow: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
8. Portable Oxygen Concentrators Market – By Application
8.1 Overview
8.2 Portable Oxygen Concentrators Market, by Application, 2019 and 2027 (%)
8.2.1 Europe Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
8.3 COPD
8.3.1 Overview
8.3.2 COPD: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Asthma
8.4.1 Overview
8.4.2 Asthma: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Respiratory Distress Syndrome
8.5.1 Overview
8.5.2 Respiratory Distress Syndrome: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Other Applications
8.6.1 Overview
8.6.2 Other Applications: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
9. Portable Oxygen Concentrators Market – By End User
9.1 Overview
9.2 Portable Oxygen Concentrators Market, by End User, 2019 and 2027 (%)
9.2.1 Europe Portable Oxygen Concentrators Market, by End User – Revenue and Forecast to 2027 (USD Million)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Home Care Settings
9.4.1 Overview
9.4.2 Home Care Settings: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Other End Users
9.5.1 Overview
9.5.2 Other End Users: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
10. Portable Oxygen Concentrators Market– Regional Analysis
10.1 Europe: Portable Oxygen Concentrators Market
10.1.1 Overview
10.1.2 Europe: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 Europe: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.4 Europe: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.5 Europe: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.6 Europe: Portable Oxygen Concentrators Market, by Country, 2019 & 2027 (%)
10.1.7 Germany: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 Germany: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 Germany: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 Germany: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.7.4 Germany: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.8 France: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 France: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 France: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 France: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.8.4 France: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.9 UK: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 UK: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 UK: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.9.3 UK: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.9.4 UK: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.10 Italy: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.1 Italy: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.2 Italy: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.10.3 Italy: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.10.4 Italy: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.11 Spain: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.1 Spain: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.2 Spain: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
10.1.11.3 Spain: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.11.4 Spain: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
11. Impact of COVID-19 Pandemic on Europe Portable Oxygen Concentrators Market
11.1 Europe: Impact assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Koninklijke Philips N.V.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 INOGEN INC.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Invacare Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 GCE Group (Colfax Corporation)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 2. Europe Portable Oxygen Concentrators Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 3. Europe Portable Oxygen Concentrators Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 4. Europe: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 5. Europe: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 6. Europe: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 7. Germany: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 8. Germany: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 9. Germany: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 10. France: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 11. France: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. France: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 13. UK: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 14. UK: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. UK: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 16. Italy: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 17. Italy: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. Italy: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 19. Spain: Portable Oxygen Concentrators Market, by Product – Revenue and Forecast to 2027 (USD Million)
Table 20. Spain: Portable Oxygen Concentrators Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 21. Spain: Portable Oxygen Concentrators Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 22. Glossary of Terms, Portable Oxygen Concentrators Market
LIST OF FIGURES
Figure 1. Portable Oxygen Concentrators Market Segmentation
Figure 2. Portable Oxygen Concentrators Segmentation – By Region
Figure 3. Europe Portable Oxygen Concentrators Market Overview
Figure 4. Continuous Flow Segment Held Largest Share of Portable Oxygen Concentrators Market
Figure 5. UK Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Europe Portable Oxygen Concentrators Market – Revenue Forecast And Analysis – 2019- 2027
Figure 8. Portable Oxygen Concentrators Market Revenue Share, by Product, 2019 and 2027 (%)
Figure 9. Continuous Flow: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Pulse Flow: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Portable Oxygen Concentrators Market, by Application, 2019 and 2027 (%)
Figure 12. COPD: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Asthma: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Respiratory Distress Syndrome: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Other Applications: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Portable Oxygen Concentrators Market, by End User, 2019 and 2027 (%)
Figure 17. Hospitals: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Home Care Settings: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Other End Users: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Europe: Portable Oxygen Concentrators Market, by Key Country – Revenue (2019) (USD Million)
Figure 21. Europe: Portable Oxygen Concentrators Market Revenue and Forecast to 2027 (USD Million)
Figure 22. Europe: Portable Oxygen Concentrators Market, by Country, 2019 & 2027 (%)
Figure 23. Germany: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
Figure 24. France: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
Figure 25. UK: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
Figure 26. Italy: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
Figure 27. Spain: Portable Oxygen Concentrators Market – Revenue and Forecast to 2027 (USD Million)
Figure 28. Impact of COVID-19 Pandemic on Portable Oxygen Concentrators Market in European Countries
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
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- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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