Oxygen Therapy Device Market Concerns over the Rising Healthcare Costs Propel the Market to a High CAGR ~12%Forecasts Till 2023


Posted November 30, 2018 by sumitchoudhari

Oxygen Therapy Device Market report is an expert analysis report which gives detail information about industry players, segmentation and regional data in-depth.

 
Oxygen management is consistently used on the majority of patients admitted the emergency room or ICU with respiratory distress. Symptoms for oxygen administration comprise of, hypoxemia, amplified working of breathing, and hemodynamic insufficiency. Oxygen administration can also be utilized for chronic administration for patients with advance cardiopulmonary disease and this therapy can be administered during diagnostic assessment. The overall goal of oxygen therapy administration is to sustain adequate tissue oxygenation while minimizing cardiopulmonary work. Signs of insufficient oxygenation include tachypnea, accessory muscle work, dyspnea, cyanosis, tachycardia and hypertension.

Presently, there are a wide array of oxygen delivery devices accessible to the respiratory therapist to utilize for oxygen administration. The choice of oxygen delivery devices depends on the patient’s oxygen requirement, effectiveness of the device, dependability, ease of therapeutic application and patient reception.
Oxygen delivery devices ranges from a very simple and economical designs to more complex and costly. Oxygen percentage supply can be unreliable or precise depending on the type of administration device selected. Oxygen administration can be provided through low-flow or high-flow systems, with humidity or not, and with a reservoir or not. Observing and monitoring of oxygen delivery efficiency includes arterial blood gas analyses, oxygen saturation monitoring, and clinical assessment.

Segmentation

The oxygen therapy device market is segmented by the types of products (Non-re-breather mask, Incubators, Continuous positive airway pressure, Liquid oxygen device, Hyperbaric oxygen chamber, Nassal cannula, Cylinder, Concentrators and Oximeter), application (Hypoxia, Heart diseases, Sleeping apnea, Lung diseases, Chronic obstructive pulmonary diseases, Respiratory issues and others) and by end users (Hospital, Clinics, Patients).

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Key Players

There are various local and global players who manufacture devices for oxygen therapy. However we have profiled some of the major players which are Phillips healthcare, Devilbiss Healthcare, Cardinal Healthcare, Respironics, Salter Labs, Masimo Corporation, Carefusion, Teflex, Bio Med, Fisher & Paykel Healthcare Limited, Inogen, O2 Concepts, Smith medicals, Medtronic, 3B Medical, 3M Healthcare and many more.

Regional Analysis

Depending on geographic region, Oxygen therapy device market is segmented into four key regions:
Americas, Europe, Asia Pacific, and Rest of the world. Where America is the largest market for the oxygen therapy devices because of the various development in the home based therapy. Another reason is the lifestyle of the people in developed countries. Europe is the second largest region where the home based oxygen therapy are adopted. Asia-Pacific is the fastest growing region for the oxygen therapy device market. The major reason can be countries like China and India are changing their trends towards the healthcare and are adopting to the advanced technology in the healthcare industries.

Further the oxygen therapy market is expected to be high in the Asia-Pacific region due to the increasing population, increasing number of the diseases due to the behavioural and lifestyle changes in the people. As well as the countries are spending more on the healthcare, which is leading to the adoption of the advanced technology.

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Major Table of Content
1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
TOC Continued….!

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Issued By Sumit Choudhari
Phone 09665559718
Business Address Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar
Country India
Categories Business , Medical , Research
Tags healthcare , oxygen therapy device industry , oxygen therapy device market , oxygen therapy device market 2023 , oxygen therapy device market analysis , oxygen therapy device market size , oxygen therapy device market trends , oxygen therapy device technology
Last Updated November 30, 2018