Industry Reports Services Press Release
  •   Blogs
  • Contact us About us

    Europe Medical Oxygen Concentrators Market Forecast 2027 By Technology (Continuous Flow, Pulse Flow), By Product (Portable Medical Oxygen Concentrators, Fixed Medical Oxygen Concentrators), By Application (Home Care, Non-homecare), Research Report, Country Outlook (Germany, UK, France, Spain, Italy, Russia, Ukraine, Poland, Switzerland, Belgium, Greece, Czech Republic), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: September 2021   |   Report ID: GR1167   |   Delivery: PDF  Request Free Sample

    Europe Medical Oxygen Concentrators Market size surpassed USD 1.3 billion in 2020 and is predicted to expand at a CAGR of -2.7% from 2021 to 2027.

    A medical oxygen concentrator is a device used for delivering oxygen to patients with respiratory disorders. The device has sieve beds and special filters that removes nitrogen from the air and deliver pure oxygen to the patients.

    Europe Medical Oxygen Concentrators Market

    Get more details on this report - Request Free Sample PDF

    Increasing prevalence of respiratory disorders and chronic obstructive pulmonary disease (COPD) are augmenting the market growth. In Europe, the direct cost of COPD is approximately 6% of the total health spending, that is more than USD 45 billion annually. The major factor leading to the development of COPD is tobacco smoking. The total health cost of tobacco in Europe is more than USD 640 billion annually. According to the European Community Respiratory Health Survey, 39% smoking individuals are attributed to risk factor for COPD. Hence, growing adoption of tobacco, and smoking coupled with increasing respiratory diseases will boost the demand for oxygen concentrators market in forthcoming years.

    Growing government initiatives to regulate and manage respiratory disorders will augment Europe medical oxygen concentrators market growth. For instance, the European Respiratory Society is involved in spreading awareness related to airway diseases, paediatric respiratory disease, and respiratory infections. Such initiatives will augment European medical oxygen concentrators business growth in the foreseeable future. In addition, speedy reimbursement approval of medical oxygen concentrator in European region are also augmenting the market growth. For instance, in November 2020, CAIRE’s award-winning FreeStyle Comfort portable oxygen concentrator received approval for reimbursement for healthcare systems in Germany and France. Such factors will prove beneficial for market growth in the coming years.

    Increasing number of COVID-19 cases have positively impacted the medical oxygen concentrators market. Increasing use of medical oxygen concentrators in various applications of COVID-19 will drive the market growth. The oxygen concentrators are helpful in offering oxygen therapy and relieve breathing difficulty thereby accelerating body's healing process. Thus, demand for oxygen concentrators is expected to grow during COVID-19. Additionally, industry players operating in Europe are continuously involved in supply of oxygen concentrators to other regions. For instance, the European Union is continuously involved in assisting India and has sent around 1,500 oxygen concentrators. Thus, the aforementioned factors will drive the Europe medical oxygen concentrators market size.

    Europe Market, By Product

    Portable medical oxygen concentrators segment accounted for over USD 990 million in 2020. The portable medical oxygen concentrators are more convenient and easier to use. Also, these concentrators are designed with light weight as well as compact design that enables the patients to carry the devices during travelling. Thus, increasing adoption of medical oxygen concentrators with rising number of air travellers will boost the segment growth.

    Europe Market, By Application

    The home care segment accounted for significant market size in 2020 and has grown exponentially during the COVID-19 pandemic. Home care medical oxygen concentrators are more comfortable to the patients and enable to recover faster while at home setting. Also, growing geriatric population base in Europe are prone to cardiopulmonary diseases that further creates need for oxygen therapy. Thus, increasing customer base coupled with awareness for home oxygen concentrators will drive the market growth in the region.

    Europe Market, By Technology

    Continuous flow segment held considerable market share in 2020. Increasing number of critically ill patients and rising number of COVID-19 patients are augmenting the demand for continuous flow oxygen concentrators market. The continuous flow medical oxygen concentrators provide same flow of oxygen as naturally and is thereby widely being used to treat critically ill patients. Continuous flow oxygen concentrators are used while sleeping as many pulse flow devices have difficulty in shallower breath. Thus, the aforementioned benefits will boost the segment demand.

    Europe Market, By Country

    Germany medical oxygen concentrators market held 15.8% share in 2020. Growing adoption of unhealthy habits such as tobacco smoking coupled with increasing prevalence of COPD are major factors propelling medical oxygen concentrators market growth in Germany. Growing number of smokers, unhealthy food intake, and lack of exercise lead to increased risk of chronic diseases. Such trends will influence the need for artificial oxygen therapy, thereby creating demand for medical oxygen concentrators in the country.

    Competitive Industry Landscape

    Some of the notable players involved in the Europe medical oxygen concentrators industry include GCE Healthcare, Inogen, Invacare Corporation and ResMed among the other market players. These key players are undertaking various strategic initiatives to expand their geographic presence and product reach. For instance, in July 2020, GCE Healthcare introduced three new series of stationary oxygen concentrators (SOC) M50, OC-E 80 and EC-E100. These oxygen concentrators are used for the patients requiring long term oxygen support. This would help company in expanding their product and customer portfolio.

    Frequently Asked Question(FAQ) :

    How big was Europe medical oxygen concentrators industry in 2020?
    The market size for medical oxygen concentrators in Europe was more than USD 1.3 billion in 2020 with consistent prevalence of respiratory diseases and COPD across the region, emergence of COVID-19 pandemic along with high healthcare spending.
    Why is the demand for portable medical oxygen concentrators growing?
    The industry share for portable medical oxygen concentrators in Europe was USD 990 million in 2020 as the devices are lightweight, convenient to use and can be carried by patients who need to use the equipment during travels.
    What are homecare medical oxygen concentrators?
    Homecare applications held a significant share of Europe industry as patients can be more comfortable, benefit from a faster recovery and get treated at home during the COVID-19 pandemic.
    What is the share of Germany medical oxygen concentrators market?
    Germany accounted for nearly 15.8% share of Europe market in 2020 owing to high prevalence of COPD, as a high volume of the population is smoking and unhealthy eating habits, leading to increased risk of chronic disorders.
    Who provides medical oxygen concentrators in Europe?
    Companies offering medical oxygen concentrators in Europe include Inogen, Invacare Corporation, GCE Healthcare, ResMed and a few others.

    Get this research report on Europe Medical Oxygen Concentrators Market customized according to your business requirements.

    report-purchase - logo Buy Now

    Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team


     [email protected]