Spain Oxygen Concentrators Market Size & Outlook
Spain oxygen concentrators market, 2018-2030 (US$M)
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Spain oxygen concentrators market highlights
- The Spain oxygen concentrators market generated a revenue of USD 94.3 million in 2023 and is expected to reach USD 132.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, fixed/stationary 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 94.3 million |
| Market revenue in 2030 | USD 132.5 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Fixed/stationary 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, Spain accounted for 2.7% 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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Spain 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.
Fixed/stationary medical oxygen concentrators was the largest segment with a revenue share of 51.96% in 2023. Horizon Databook has segmented the Spain 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.
Spain medical oxygen concentrators & oxygen cylinders market is expected to grow at 5.1% over the forecast period. Factors influencing market growth are increased elderly population and increasing prevalence of chronic respiratory disorders in the country.
Respiratory disorders, including asthma, COPD, and lung cancer, form the third leading cause of deaths in Spain. This is likely to boost the demand for oxygen concentrators and cylinders in the country. However, majority of COPD cases still go undiagnosed in the country, which is likely to impede market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Spain oxygen concentrators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain oxygen concentrators market size, by product, 2018-2030 (US$M)
Spain Oxygen Concentrators Market Outlook Share, 2023 & 2030 (US$M)
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