Italy Oxygen Concentrators Market Size & Outlook
Italy oxygen concentrators market, 2018-2030 (US$M)
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Italy oxygen concentrators market highlights
- The Italy oxygen concentrators market generated a revenue of USD 125.3 million in 2023 and is expected to reach USD 175.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, portable medical oxygen concentrators was the largest revenue generating product in 2023.
- Portable Medical Oxygen Concentrators is the most lucrative product segment registering the fastest growth during the forecast period.
Oxygen concentrators market data book summary
| Market revenue in 2023 | USD 125.3 million |
| Market revenue in 2030 | USD 175.7 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Portable medical oxygen concentrators |
| Fastest growing segment | Portable Medical Oxygen Concentrators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Medical Oxygen Concentrators, Fixed/Stationary Medical Oxygen Concentrators |
| Key market players worldwide | Inogen Inc, Philips, Koninklijke Philips NV, Niterra Co Ltd, DeVilbiss Healthcare, React Health, Nidek Medical, O2 Concepts |
Other key industry trends
- In terms of revenue, Italy accounted for 3.5% of the global oxygen concentrators market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany oxygen concentrators market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 337.6 million by 2030.
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Oxygen Concentrators Market Scope
Oxygen Concentrators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy oxygen concentrators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oxygen concentrators market will help companies and investors design strategic landscapes.
Portable medical oxygen concentrators was the largest segment with a revenue share of 54.75% in 2023. Horizon Databook has segmented the Italy oxygen concentrators market based on portable medical oxygen concentrators, fixed/stationary medical oxygen concentrators covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in outdoor recreational and adventure activities—such as scuba diving, heliskiing, cave-diving, and hiking—which demand oxygen cylinders for breathing have increased, creating an increase in demand for oxygen cylinders in the country.
Italy has one of the largest populations of people aged 65 and over, owing to high life expectancy that has further increased by 20 years in the recent past. This large aging population is likely to create a strong demand for oxygen concentrators, as it is prone to develop various breathing issues.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Italy oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy oxygen concentrators market size, by product, 2018-2030 (US$M)
Italy Oxygen Concentrators Market Outlook Share, 2023 & 2030 (US$M)
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