The World Oxygen Therapy Device Market report analyses the various factors- price analysis, supply chain analysis, porters five force analysis etc. 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 World Oxygen Therapy Device Market 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 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 get 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.
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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.
Oxygen Therapy Device Market Key Players: 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.
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).
Major TOC of Oxygen Therapy Device Market:
Market factor analysis
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Global Oxygen Therapy Device diagnosis and treatment market, by and RA treatment efficiency monitoring tests. Serology test segment is further sub-segmented into
Global Oxygen Therapy Device diagnosis and treatment market, by treatment
Global Oxygen Therapy Device diagnosis and treatment market, by route of administration
Global Oxygen Therapy Device diagnosis and treatment market, by end users
Global Oxygen Therapy Device diagnosis and treatment market, by region
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