Europe Medical Oxygen Supply Equipment Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.9 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030.
The Medical Oxygen Supply Equipment Market in Europe is witnessing significant growth, driven by an increasing demand from various industries, including healthcare, manufacturing, and research sectors. The escalating need for medical oxygen, particularly due to the ongoing health crises, is creating a surge in the demand for reliable and efficient oxygen supply equipment. These devices range from oxygen concentrators to cylinders, pipelines, and storage systems, each playing a critical role in ensuring a continuous and safe oxygen supply.
In healthcare, the primary application of medical oxygen supply equipment is to support patients with respiratory conditions, such as chronic obstructive pulmonary disease (COPD), pneumonia, and COVID-19. Hospitals and clinics rely heavily on these systems to deliver oxygen to patients, particularly those in critical care units. The demand for oxygen is also rising in homecare settings, where patients with chronic illnesses are increasingly opting for home oxygen therapy. This trend has prompted companies to innovate with portable oxygen concentrators and lightweight cylinders, making oxygen therapy more accessible to patients outside of healthcare facilities.
Moreover, industries such as food processing and manufacturing also contribute to the growth of the medical oxygen supply equipment market. In food processing, oxygen is used to maintain the freshness of food products, while in manufacturing, it supports processes like welding and metal cutting. The versatility of oxygen across these sectors is making it a vital resource in Europe’s industrial landscape.
The medical oxygen supply equipment market in Europe is also shaped by stringent regulatory requirements and safety standards. Manufacturers must ensure that their products meet rigorous quality checks, as oxygen is a highly flammable substance that requires safe storage and distribution systems. With the rise of both public and private sector investment in healthcare infrastructure, demand is expected to further accelerate in the coming years.
The healthcare sector, in particular, is expected to continue driving the demand for medical oxygen supply equipment, with hospitals, long-term care facilities, and homecare services all requiring continuous, uninterrupted access to oxygen. As a result, the market is evolving with new technologies, better product designs, and more sustainable solutions to meet the growing demands of various industries in Europe.
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Air Liquide Healthcare
Respiratory Homecare Solutions
AmcareMed
Vitality Medical
Oxymed
Medigas
Grainger Canada
Southeastern Equipment and Oxygen
Invacare
Philips Respironics
Drive DeVilbiss Healthcare
Inogen
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Medical Oxygen Supply Equipment Market
Oxygen Concentrators
Oxygen Cylinders
Liquid Oxygen Systems
Portable Oxygen Systems
Oxygen Compressors
Hospitals and Clinics
Home Healthcare Settings
Emergency Medical Services (EMS)
Nursing Homes
Long-term Care Facilities
Chronic Obstructive Pulmonary Disease (COPD)
Asthma
Pneumonia
COVID-19 Treatment
Other Respiratory Disorders
Private Insurance
Medicare
Medicaid
Out-of-pocket Payments
Government Programs
Direct Sales
Online Retail
Medical Supply Distributors
Pharmacies
Hospital Supply Chains
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Medical Oxygen Supply Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Medical Oxygen Supply Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Medical Oxygen Supply Equipment Market, By Type
6. Europe Medical Oxygen Supply Equipment Market, By Application
7. Europe Medical Oxygen Supply Equipment Market, By Geography
Europe
Germany
UK
France
8. Europe Medical Oxygen Supply Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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