Oxygen Conservation Devices Market by Product (Reservoir Oxygen Delivery Devices, Transtracheal Catheters, Electromechanical Pulsing Devices), By End User (Hospitals, Clinics, Nursing Home, Home Care Settings and Others) - Global Forecast till 2025
There are two types of oxygen conservation devices including electronic and pneumatic devices. Electronic devices run with the help of the battery, while the pneumatic devices are not dependent on external sources such as battery and work with high pressure when there is need of a large amount of oxygen gas. Such devices deliver increased flexibility and comfort to the patients. These devices were designed to deliver effective oxygen treatment and portability of devices so as to assure better mobility of patients.
A sample of this report is available upon request @ www.reportsmonitor.com/request_sample/8432
According to a report published in August 2017 by World Health Organisation (WHO), presently around 235 million individuals are suffering from asthma. In 2016, around 383,000 individuals died because of asthma. Asthma is a non-communicable chronic disease, mostly occurring in low and middle-income countries.
According to the estimation from National Institutes of Health (NIH), in the U.S., around 12 million adults were diagnosed with chronic obstructive pulmonary disease and approximately 120,000 individuals are dying each year.
Rising need for advanced technology in medical equipment owing to ease of use and portability, better customer response, the controlled flow rate of the gas and lower wastage of gases are the major factors propelling the growth of the market. In addition, the occurrence of respiratory diseases in low and middle-income countries, where the population is large are anticipated to boost the market growth. Moreover, supportive regulatory policies and rising awareness towards these diseases have provided huge growth opportunities for the market. Furthermore, changing lifestyle and increasing pollution are the significant factors contributing to the expansion of the market.
Geographically, the metabolic testing market is segmented on the basis of the region covering North America, Asia Pacific, Europe, and LAMEA. North America is predicted to be dominant in the market, owing to the rising incidences of respiratory diseases and the presence of a large number of medical organizations. Furthermore, easy reimbursement policies and regulatory framework are the significant factors witnessing remarkable growth in the market. Moreover, investment in research and development related to O2 therapy and rising number of FDA approvals for such therapies are expected to boost the market growth over the forecast period. In the North American region, the presence of several organizations including Canadian Thoracic Society, Center for disease Control and Prevention, and Canadian Society of Respiratory Therapy is promoting the applications of oxygen conservation devices and developing advanced technology associated with these devices are anticipated to witness positive impact on the market.
The Asia-Pacific market is expected to be growing due to several factors including the rising geriatric population who need oxygen therapy at home and developed healthcare infrastructure, owing to developed systems and new innovation related to medical equipment and devices are further anticipated to propel the growth of the market, providing huge growth opportunities for the market. Furthermore, increasing disposable income of APAC region, research and development activities and huge untapped population are the significant factors propelling the expansion of the market. Moreover, the presence of organizations including Asthma and Clinical Immunology and Asia Pacific Association of Allergy are spreading the awareness about numerous medical solutions related to these diseases available in the market and positively influencing the market.
Prominent players in the market are Responsive Respiratory, Inc., Medline Industries, Inc., Invacare Corporation, GCE Group, Air Liquide, HERSILL, S.L., Medical Depot, Inc. (Drive DeVilbiss Healthcare), Essex Industries, Inc., Precision Medical, Inc., and, Inogen, Inc.
Check Discount of Biosimilar Market Report @ www.reportsmonitor.com/check_discount/8432
On May 25, 2018, a global provider of medical products “Medline Industries, Inc.” and global healthcare leader “Sharp HealthCare” have signed an agreement for medical-surgical distribution to enhance its product excellence, effective of product, timely solutions, and increase the product portfolio. This strategic partnership was aimed at delivering advanced technology and effective supply chain network of medical products.
Moreover, similar strategies have been adopted by various key players in the market. Air Liquide has acquired Sogo Sangyo Kabushiki Kaisha, in September 2017, to increase their business in Japan and providing more advanced treatment.
oReservoir Oxygen Delivery Devices
oElectromechanical Pulsing Devices
By End User:
oHome Care Settings
oNorth America (U.S and Canada)
oEurope (Germany, France, Italy and Rest of Europe)
oAsia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
Reports Monitor is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries including Healthcare, Technology, Chemicals, Materials, and Energy. With an intrinsic understanding of many business environments, Reports Monitor provides strategic objective insights.
We periodically update our market research studies to ensure our clients get the most recent, relevant, and valuable information. Reports Monitor has a strong base of analysts and consultants from assorted areas of expertise. Our industry experience and ability to zero-in on the crux of any challenge gives you and your organization the ability to secure a competitive advantage.
Mr Jay Matthews
Direct: +1 513 549-5911 (U.S.)
+44 203 318 2846 (U.K.)
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oxygen Conservation Devices Market by Product (Reservoir Oxygen Delivery Devices, Transtracheal Catheters, Electromechanical Pulsing Devices), By End User (Hospitals, Clinics, Nursing Home, Home Care Settings and Others) - Global Forecast till 2025 here
News-ID: 1171797 • Views: 135
More Releases from Reports Monitor
2019 Global Smart Home Security and Safety Systems Market Trend Analysis and Ind …
Smart Home Security and Safety Systems Market GMD analysis model indicates that the aggregated revenue of global smart home security & safety systems market during 2019-2025 is expected to reach $134.5 billion owing to growing adoption of various types of smart security devices in global households. Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below:- www.reportsmonitor.com/request_sample/352365 Scope of the Report: Highlighted with 72
Radar Sensor Market 2019 Top Key Players: NXP Semiconductors N.V., Robert Bosch …
Radar Sensor Market The report provides a global analysis of Radar Sensor Market data from 2019 to 2024. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts. Have Questions?
OKR Software Market report with Leading players: SpiraLinks, Wrike, BetterWorks, …
2019-2025 OKR Software Market Report with Depth Analysis: The report provides a global analysis of the OKR Software Market report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth, including drivers, challenges, emerging trends, technology changes, and environmental factors. The global OKR Software market size was xx million US$
Event Logistics Market analysis report with Major players Rhenus Logistics, UPS, …
Event Logistics Market Market Overview of Event Logistics Market: The report provides a global analysis of Event Logistics Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified. This Report is segmented into Manufactures, Types, Applications, and Regions. The market covers the wide spectrum of the factors governing future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The global Event Logistics market size was xx
More Releases for Oxygen Devices Health
Hyperbaric Oxygen Treatment (HBOT) Devices Market 2019 | Global Forecast 2025 | …
Hyperbaric Oxygen Treatment (HBOT) Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/97668 UpMarketResearch offers a latest published report on “Global Hyperbaric Oxygen Treatment (HBOT) Devices Market Analysis and Forecast 2019 - 2025” delivering key insights
What will be the Advancements of Hyperbaric Oxygen Treatment Devices Market Deta …
Up Market Research has recently added a new informative data to its extensive repository titled as Hyperbaric Oxygen Treatment Devices market. It provides a clear understanding of the sector and has been scrutinized by using primary and secondary research techniques. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. Technical expansions of the Hyperbaric Oxygen
Oxygen Conservation Devices Market, By Product Type (Pneumatic Oxygen Conserver …
Oxygen conservation devices are mainly of two types – pneumatic oxygen conservation devices and electronic oxygen conservation devices. Pneumatic oxygen conservation devices use high pressure of oxygen gas and do not require any external power source such as battery, whereas electronic oxygen conservation devices are battery supported. For instance, Invacare’s Invacare Pneumatic Oxygen Conserver is a pneumatic oxygen conservation device, which has an on and off selector knob coupled with
Feb 14, 2018: Hyperbaric Oxygen Therapy Devices Market Size 2023 Hearmec, OxyHea …
Hyperbaric Oxygen Therapy Devices Market Research 2018 A market study "Global Hyperbaric Oxygen Therapy Devices Market" examines the performance of the Hyperbaric Oxygen Therapy Devices market 2018. It encloses an in-depth Research of the Hyperbaric Oxygen Therapy Devices market state and the competitive landscape globally. This report analyzes the potential of Hyperbaric Oxygen Therapy Devices market in the present and the future prospects from various angles in detail. The Global Hyperbaric Oxygen