As Per the Report, the Size of the Europe Portable Oxygen Concentrators Market is valued at USD 0.34 billion in 2019 and is expected to grow at a CAGR of 7.9% to reach USD 0.5 billion by 2024 during the forecast period 2019-2024. It captures 23% of the market share.
Portable oxygen concentrator (POC) is a medical device used to supply oxygen to patients suffering from respiratory diseases. The concentrator separates nitrogen and oxygen from the air in the environment and then discards the nitrogen and supplies 95% pure oxygen to patients through a mask.
The primary factors driving demand worldwide are rising prevalence of chronic obstructive pulmonary diseases, a changing consumer lifestyle, adoption of new technologies, growing consumer awareness for oxygen therapy devices, rising government expenditure, and a rise in investment by manufacturing companies for the production of homecare products.
On the other hand, stringent FDA regulations pertaining to medical devices and high product costs are few factors restraining market growth.
Europe Portable Oxygen Concentrators Market has been segmented and sub-segmented into the following categories
On the basis of region, the Western Europe market is anticipated to grow robustly over the forecast period due to an increasing prevalence of chronic obstructive pulmonary diseases.
Increasing preference of interventional cardiologists for nonsurgical procedures is expected to drive the growth of the portable oxygen concentrators market in Western Europe over the forecast period.
Prominent Companies leading the Europe Portable Oxygen Concentrators Market Profiled in the Report are Koninklijke Philips N.V., Inogen Inc., Chart Industries Inc., Resmed Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Precision Medical Inc., Foshan Keyhub Electronic Industries Co. Ltd., O2 Concepts LLC, and GCE Group.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.2 Continuous Flow Portable Oxygen Concentrator
5.1.3 Pulse Flow Portable Oxygen Concentrator
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 End User
5.2.4 Ambulatory Surgical Centres
5.2.5 Travel Agents
5.2.6 Y-o-Y Growth Analysis, By End User
5.2.7 Market Attractiveness Analysis, By End User
5.2.8 Market Share Analysis, By End User
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Product
18.104.22.168 By End User
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Product
188.8.131.52 By End User
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Product
18.104.22.168 By End User
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Koninklijke Philips N.V.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Inogen Inc.
8.3 Chart Industries Inc.
8.4 Resmed Inc.
8.5 Invacare Corporation
8.6 Drive DeVilbiss Healthcare
8.7 Precision Medical Inc.
8.8 Besco Medical Co. Ltd.
8.9 Oxus America, Inc
8.10 Foshan Keyhub Electronic Industries Co. Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures