The report for Global Oxygen Therapy Device Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance.
Oxygen is required by cells to do work. Oxygen therapy is required for the supplement of oxygen in body through external mean to the people who have respiratory disorder. The oxygen therapy is much required by the people who have chronic obstructive pulmonary diseases (COPD) for long term use.
The levels of oxygen are checked by the oximeter, which checks levels indirectly. The oximeter is a small device which gets clipped into person’s body parts. The levels are checked before giving oxygen therapy so that doctors gets an idea whether patients will get benefited with the oxygen therapy. If the person is found with the low levels of oxygen then he/she can be the one applicant for the oxygen therapy.
Generally, the patients of Asthma, Heart diseases, Sleeping apnea, lung diseases, COPD and other respiratory issues can get benefited from the oxygen therapy as it enhances the breathing power and patient can stay more active for long. The symptoms like weakness, headaches, fatigue, irritability and more will be reduced. The oxygen therapy is also helpful for the children with chronic lung conditions.
The global market of oxygen therapy device is growing fast because of the rising prevalence of lung, respiratory, heart and other diseases. The number is growing across the world because of the changing lifestyle. The global market of Oxygen therapy device is expected to grow at approximate 12% CAGR. The market is expected to reach USD 15 billion by 2023 as compared to 8 billion in 2016.
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 for Oxygen therapy Market:
There are various local and global players who manufacture the devices for oxygen therapy. Some of them are Phillips healthcare, Devilbiss Healthacre, 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 of Oxygen Therapy Device Market:
Globally, America is the largest market for Oxygen therapy device market. America accounts for the major market of oxygen therapy device, it is nearly about 45%. Europe is the second largest regions which accounts for the maximum use of the oxygen therapy device. Asia-Pacific is the fastest upcoming and growing market and it is expected to grow by 8% CAGR in the coming years. The countries like India and China are accepting the oxygen therapy device as a home based solution.
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Oxygen Therapy Device Market, By Product
7 Global Oxygen Therapy Device Market, By Application
8 Global Oxygen Therapy Device Market, By End Users
9 Global Oxygen Therapy Device Market, Region
10 Company Profile
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