Market Overview:
The global Oxygen Therapy Equipment Market is expected to register a growth of significant CAGR 8.9% during the forecast period (2018–2023). Increasing prevalence of respiratory diseases, rising healthcare expenditure, growing geriatric population and favorable reimbursement policies are the drivers for the global oxygen therapy device market. However, factors such as high cost of oxygen concentrators and side effects implicated by the oxygen therapy devices restraints the market growth during the forecast period.
Major players in the global oxygen therapy equipment market are also profiled in the report to provide readers with a comprehensive overview of the market’s competitive landscape. Major economic factors affecting the global oxygen therapy equipment market are also studied in the report to provide readers with an accurate insight into the oxygen therapy equipment market’s likely growth trajectory over the forecast period.
Key Players:
• Medicop DOO
• Messer Medical Austria GmbH
• Essex Industries Inc
• Allied Healthcare Products Inc
• Fisher & Paykel Healthcare Corporation Limited
• Invacare Corporation
• Teleflex Inc
• Dragerwerk AG & Co
• Smiths Medical
• Taiyo Nippon Sanso Corporation
Segmentation:
The global oxygen therapy equipment market is segmented on the basis of product type, portability, application, end use, and region.
By product type, the global oxygen therapy equipment market is segmented into oxygen source equipment and oxygen delivery devices.
By portability, the oxygen therapy equipment market is segmented into stationary and portable oxygen therapy devices.
By application, the market is segmented into cystic fibrosis, asthma, COPD, pneumonia, respiratory distress syndrome, and others.
By end use, the market is segmented into home care, hospitals, ambulatory surgical centers and physician offices, and others.