Europe Oxygen Concentrators Market Size & Outlook, 2025-2033

The oxygen concentrators market in Europe is expected to reach a projected revenue of US$ 1,835.4 million by 2033. A compound annual growth rate of 2.2% is expected of Europe oxygen concentrators market from 2025 to 2033.
Revenue, 2024 (US$M)
$1,540.7
Forecast, 2033 (US$M)
$1,835.4
CAGR, 2025 - 2033
2.2%
Report Coverage
Europe

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Europe oxygen concentrators market, 2021-2033 (US$M)

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Europe oxygen concentrators market highlights

  • The Europe oxygen concentrators market generated a revenue of USD 1,540.7 million in 2024.
  • The market is expected to grow at a CAGR of 2.2% from 2025 to 2033.
  • In terms of segment, fixed/stationary medical oxygen concentrators was the largest revenue generating product in 2024.
  • Portable Medical Oxygen Concentrators is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Norway is expected to register the highest CAGR from 2025 to 2033.


Europe data book summary

Market revenue in 2024USD 1,540.7 million
Market revenue in 2033USD 1,835.4 million
Growth rate2.2% (CAGR from 2025 to 2033)
Largest segmentFixed/stationary medical oxygen concentrators
Fastest growing segmentPortable Medical Oxygen Concentrators
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPortable Medical Oxygen Concentrators, Fixed/Stationary Medical Oxygen Concentrators
Key market players worldwideInogen Inc, Philips, Koninklijke Philips NV, Niterra Co Ltd, DeVilbiss Healthcare, React Health, Nidek Medical, O2 Concepts


Other key industry trends

  • In terms of revenue, Europe region accounted for 31.8% of the global oxygen concentrators market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • North America is the fastest growing regional market and is projected to reach USD 2,839.1 million by 2033.

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Oxygen Concentrators Market Companies

Name Profile # Employees HQ Website
O2 Concepts View profile 11-50 Oklahoma City, Oklahoma, United States, North America https://o2-concepts.com/
Philips View profile 10001+ Amsterdam, Noord-Holland, The Netherlands, Europe https://www.usa.philips.com
React Health View profile 101-250 Sarasota, Florida, United States, North America https://www.reacthealth.com
Nidek Medical View profile 101-250 Birmingham, Alabama, United States, North America http://www.nidekmedical.com
DeVilbiss Healthcare View profile 251-500 Somerset, Pennsylvania, United States, North America http://www.devilbisshealthcare.com/
Inogen Inc View profile 834 859 Ward Drive, Goleta, CA, United States, 93111 https://www.inogen.com
Niterra Co Ltd View profile 16247 14-18, Takatsuji-cho, Mizuho-ku, Nagoya, Japan, 467-8525 http://www.ngkntk.co.jp
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com

Europe oxygen concentrators 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 concentrators market will help companies and investors design strategic landscapes.


Fixed/stationary medical oxygen concentrators was the largest segment with a revenue share of 52.23% in 2024. Horizon Databook has segmented the Europe oxygen concentrators market based on portable medical oxygen concentrators, fixed/stationary medical oxygen concentrators covering the revenue growth of each sub-segment from 2021 to 2033.


Europe medical oxygen concentrators & portable cylinders market is expected to grow at a CAGR of 3.6% over the forecast period. A major factor driving market growth in this region is the increasing prevalence of COPD.

This is creating a strong demand for medical oxygen concentrators and portable cylinders. Moreover, the increased life expectancy of citizens in the Europe has further given increased the demand for oxygen therapy products, as the geriatric population is more prone to breathing problems and, therefore, reliant on oxygen therapy products for proper breathing.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe oxygen concentrators market , including forecasts for subscribers. This continent databook contains high-level insights into Europe oxygen concentrators market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe oxygen concentrators market size, by country, 2021-2033 (US$M)

Europe Oxygen Concentrators Market Outlook Share, 2024 & 2033 (US$M)

Europe oxygen concentrators market size, by country, 2021-2033 (US$M)

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