The Business Market Insights provides you regional research analysis on “Europe Portable Oxygen Concentrators Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Portable Oxygen Concentrators market during the forecast period, i.e., 2020–2027.
The Europe portable oxygen concentrators market is projected to reach US$ 710.25 million by 2027 from US$ 381.70 million in 2019. The market is estimated to grow at a CAGR of 8.2% from 2020 to 2027.
A portable oxygen concentrator (POC) is a tool used to administer oxygen treatment to patients who need greater doses of oxygen than that in normal air. It’s comparable to concentrators with home oxygen (OC), but is reduced in size and more mobile. These devices enable patients to carry their oxygen along with them and help them to continue their usual activities allowing the freedom to continue a normal lifestyle. Growing prevalence of respiratory disorders, rise in geriatric population and increasing demand for the portable oxygen concentrators as alternative breathing equipment amidst the COVID-19 pandemic are likely to be responsible for the dominance of the market. However, high cost of device is likely to hamper the growth of the market during the forecast period.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Portable Oxygen Concentrators market. The researcher provides an extensive analysis of the Europe Portable Oxygen Concentrators market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
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Major key players covered in this report:
- GCE Group (Colfax Corporation)
- Invacare Corporation
- INOGEN INC.
- Koninklijke Philips N.V
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Portable Oxygen Concentrators market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Portable Oxygen Concentrators market segments and regions.
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The research on the Europe Portable Oxygen Concentrators market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Portable Oxygen Concentrators market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Portable Oxygen Concentrators market.
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