Oxygen Therapy Device Market Synopsis and Highlights 2018 Key Findings By Major Companies and Forecast to 2023

“Oxygen Therapy Device Market”
Report with Tilted “Global Oxygen Therapy Device Market” is added on Market Research Future. Covered all the Regions and Segments and Sub Segments with Top Manufacturers. Globally the market for Oxygen Therapy Device is expected to grow at 12% GAGR 2018-2023.

Oxygen management is consistently used on most patients admitted the emergency room or ICU with respiratory distress. Symptoms for oxygen administration comprise of, hypoxemia, amplified working of breathing, and hemodynamic insufficiency. 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. Oxygen administration can also be utilized for chronic administration for patients with advance cardiopulmonary disease and this therapy can be administered during diagnostic assessment.

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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. Although design plays a significant role in selection of these devices, clinical assessment and performance eventually regulates how and which device should be selected for a patient.

Latest Industry News

ResMed has released the data from two clinical studies which explore the combination of home oxygen therapy and non-invasive ventilation therapy for patients who suffer from persistent hypercapnia following chronic obstructive pulmonary disorder exacerbation. The studies found that combined therapy proved to be highly cost efficient and it was found that the exacerbation frequency reduced greatly.

Global Oxygen Therapy Device Market – 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.

Global Oxygen Therapy Device Market – Segments

The Global Oxygen Therapy Market has been segmented on the basis of types of products, application, end-users, and region.

By Types Of Products, the market has been segregated into non-re-breather mask, incubators, continuous positive airway pressure, liquid oxygen device, hyperbaric oxygen chamber, nasal cannula, cylinder, concentrators, and oximeter.

By Application, the market has been divided to include hypoxia, heart diseases, sleeping apnea, lung diseases, chronic obstructive pulmonary diseases (COPD), respiratory issues and others. Out of these, chronic obstructive pulmonary disorders possess the largest share of the market due to their extensive applications for treatment of the same.

By End-Users, the market has been segregated into hospital, clinics, and patients.

By Region, the global market is divided into the Americas, Europe, Asia-Pacific (APAC) and the Rest of the World (RoW)

Global Oxygen Therapy Device Market – 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 is 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 behavioral 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

4 Market Dynamics


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