The new report by Expert Market Research titled, ‘Global Oxygen Therapy Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global oxygen therapy market, assessing the market based on its segments like products, applications, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/oxygen-therapy-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 11 billion
- Forecast CAGR (2021-2026): 1%
- Forecast Market Size (2026): USD 17 billion
The market for oxygen therapy is being propelled by the rising cases of chronic respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD). The growing efforts by organisations like UNICEF to raise awareness regarding hypoxaemia, which is one of the leading causes of child death, is further augmenting the market growth. The surging geriatric population in Europe among which respiratory issues are common are also aiding the growth of the oxygen therapy industry. In addition, the introduction of various favourable government policies and incentives to provide cost-effective supplement oxygen to the patients is providing further impetus to the market growth.
Industry Definition and Major Segments
Oxygen therapy is a treatment that delivers oxygen gas to people with morbidities. It can be received from tubes resting in the nose, a face mask, or a tube placed in the trachea or windpipe. Low oxygen can result in shortness of breath and tiredness. Oxygen therapy is prescribed by a medical professional to increase the amount of oxygen received in the lungs and increase the blood oxygen level.
The major products of oxygen therapy are:
- Oxygen Source Equipment
- Oxygen Cylinders
- Oxygen Concentrators
- Liquid Oxygen Devices
- PAP Devices
- Oxygen Delivery Devices
- Oxygen Masks
- Nasal Cannula
- Venturi Masks
- Non-Rebreather Masks
- Bag Valve Masks
- CPAP Masks
On the basis of applications, the market is segmented into:
- Chronic Obstructive Pulmonary Disease
- Obstructive Sleep Apnea
- Respiratory Distress Syndrome
- Cystic Fibrosis
Based on end-users, the market can be broadly categorised into:
- Home Healthcare
The regional markets of oxygen therapy are:
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/oxygen-therapy-market
The market for oxygen therapy is being driven by the surge of COVID-19, which is consequently resulting in pneumonia and other respiratory-related issues. The increasing demand for supplement oxygen in both hospitals and COVID specialty centres is further fueling the market growth. The surge of the second wave of the pandemic in middle income and low-income country is leading to the rising production of supplement oxygen products which is expected to propel the market growth. In addition, escalating research and development (R&D) activities by the leading companies to create cost-efficient and low-maintenance portable oxygen cylinders and concentrators to aid the comfort of patients is anticipated to further propel the growth of the oxygen therapy industry.
Key Market Players
The major players in the market are Hersill S.L., Philips Respironics, Inc., DeVilbiss Healthcare LLC, Smiths Group plc, and, Teleflex Incorporated, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Global Non-Volatile Memory Express Market: https://www.expertmarketresearch.com/reports/non-volatile-memory-express-market
Global Non-GMO Food Market: https://www.expertmarketresearch.com/reports/non-gmo-food-market
Global Obsessive-Compulsive Disorder Drugs Market: https://www.expertmarketresearch.com/reports/obsessive-compulsive-disorder-drugs-market
Global Oleoresin Market: https://www.expertmarketresearch.com/reports/oleoresin-market
North America Steel Roofing Market: https://www.expertmarketresearch.com/reports/north-america-steel-roofing-market
Global Slewing Drives Market: https://www.expertmarketresearch.com/reports/slewing-drives-market
Global Sliding Bearing Market: https://www.expertmarketresearch.com/reports/sliding-bearing-market
Global Oilseeds Market: https://www.expertmarketresearch.com/reports/oilseeds-market
Global Label-Free Array Systems Market: https://www.expertmarketresearch.com/reports/label-free-array-systems-market
Global Insulation Market: https://www.expertmarketresearch.com/reports/insulation-market
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Introducing Procurement Intelligence Services of EMR Inc.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Address:30 North Gould Street
Country: United States