Oxygen Therapy Devices Market 2018-2023 Top Vendors - Phillips Healthcare, Medtronic, 3B Medical, 3M Healthcare etc. and More | MarketResearchFuture.com

The Global Oxygen Therapy Device Market 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 number is growing across the world because of the changing lifestyle.

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Oxygen management is consistently used on the majority of 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 aim of oxygen therapy administration is to tolerate adequate tissue oxygenation while minimum 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.

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 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).

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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 are 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 behavioural 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.

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

Continued….

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