Europe Oxygen Therapy Market Size & Outlook, 2022-2030
Europe oxygen therapy market, 2018-2030 (US$M)
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Europe oxygen therapy market highlights
- The Europe oxygen therapy market generated a revenue of USD 8,844.1 million in 2022.
- The market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, oxygen source equipment was the largest revenue generating product in 2022.
- Oxygen Delivery Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 8,844.1 million |
| Market revenue in 2030 | USD 13,434.6 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen source equipment |
| Fastest growing segment | Oxygen Delivery Devices |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxygen Source Equipment, Oxygen Delivery Devices |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Inogen Inc, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Koninklijke Philips NV, Allied Healthcare Products Inc, Teleflex Inc, Chart Industries Inc, Draegerwerk AG & Co KGaA, Niterra Co Ltd, Invacare, Hersill, DeVilbiss Healthcare, Tecno-Gaz |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.6% of the global oxygen therapy market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,990.1 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe oxygen therapy 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 therapy market will help companies and investors design strategic landscapes.
Oxygen source equipment was the largest segment with a revenue share of 71.77% in 2022. Horizon Databook has segmented the Europe oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
The main European legislation governing the rights of people with reduced mobility when travelling by air is Regulation (EC) No 1107/2006. Depending on the airline, the transport and supply of medical oxygen are handled in very different ways.
which leaves the affected passengers uncertain and very dissatisfied. The Regulation (EC) No 1107/2006 does not address the issue in its current form. Passengers with critical need for oxygen are either denied access to air travel or are uncertain about the terms and costs of their transport.
According to the Regulation, medical oxygen is considered medical equipment and is therefore transported without charge. However, because it is also a dangerous good, some airlines choose not to transport it and require passengers to use their oxygen.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe oxygen therapy market , including forecasts for subscribers. This continent databook contains high-level insights into Europe oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe oxygen therapy market size, by country, 2018-2030 (US$M)
Europe Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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