Germany Oxygen Therapy Market Size & Outlook, 2022-2030
Germany oxygen therapy market, 2018-2030 (US$M)
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Germany oxygen therapy market highlights
- The Germany oxygen therapy market generated a revenue of USD 1,708.0 million in 2022 and is expected to reach USD 2,719.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 6% 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.
Oxygen therapy market data book summary
| Market revenue in 2022 | USD 1,708.0 million |
| Market revenue in 2030 | USD 2,719.8 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen source equipment |
| Fastest growing segment | Oxygen Delivery Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 4.9% of the global oxygen therapy market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany oxygen therapy 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 2,719.8 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 74.31% in 2022. Horizon Databook has segmented the Germany oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for the largest revenue share of 31.60% in the Europe oxygen therapy market. Continuous Positive Airway Pressure (CPAP) and Bi-level Positive Airway Pressure (BiPAP) are usually used to treat patients with obstructive sleep apnea.
The rising number of sleep apnea patients and availability of reimbursement coverage in Germany can be attributed to the high share of the country. Enhanced patient compliance and rising prevalence of respiratory disease are expected to have a positive impact on oxygen therapy market growth.
The presence of a large patient pool is expected to increase the demand for oxygen therapy and drive the market in Germany. Furthermore, there has been a surge in demand for medical gas after COVID-19 became an emergency.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany oxygen therapy market , including forecasts for subscribers. This country databook contains high-level insights into Germany oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany oxygen therapy market size, by product, 2018-2030 (US$M)
Germany Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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