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..
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Europe region is concentrated with several technology companies, which has created substantial knowledge of modern technologies among the population. With continuous advancements in drone technology, the large multinational companies are seeking forward for drones to ensure quick delivery of parcels with high speed while lowering time and operational costs. Asian countries have the advantage of having the most confident shoppers when it comes to receiving deliveries through drones and using autonomous technology to make payments.
Portable Oxygen Concentrators Market – Companies Mentioned
- ANA Cargo Inc. (ANA Group)
- Lufthansa Cargo AG
- United Parcel Service of America, Inc.
- Etihad Cargo
- FeDex Corportion
- Cargolux Airlines International S.A.
- DHL International GmbH
- Emirates SkyCargo
- Cathay Pacific Cargo
- Zela Aviation The Air Charter Company
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.
Europe PORTABLE OXYGEN CONCENTRATORS MARKET SEGMENTATION
- Continuous Flow
- Pulse Flow
Respiratory Distress Syndrome
- Homecare Settings
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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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