Global Oxygen Therapy Market to Grow Steadily, spurred by Continuous Rise in Respiratory Disorder Patients Worldwide

The global oxygen therapy market is expected to grow at growth rate of 9.9% to reach USD 17.6 billion by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 109 pages.
Oxygen therapy is a medical equipment that provides extra oxygen to the body tissues. Supplemental oxygen is used to treat medical conditions such as asthma, COPD, and others in which the tissues of body do not have enough oxygen. In the hospital settings, oxygen devices are used during surgery to help give anesthesia. After surgical procedure, a person may be given oxygen for a short time to help awaken from the anesthesia. The market is majorly categorized into products such as Oxygen Source and Oxygen Delivery Devices. Oxygen source devices categorized into Positive Airway Pressure (PAP) Devices, Oxygen Cylinders, Oxygen Concentrators, and Liquid Oxygen Devices. Oxygen Cylinders, and Oxygen Concentrators contribute significantly to the global market growth. Introduction of new advanced devices by key players helped this segment for the market demand.

To request free sample copy:
https://www.analystviewmarketinsights.com/request_sample/av129/

Oxygen delivery devices are divided into Oxygen Masks, Venturi Masks, Non-rebreather Masks, Bag Valve Masks and others. Oxygen masks are the highest revenue generating segment, followed by the venturi masks. High demand coupled with advancement in technologies have surged the uptake of these products, leading to the market growth. For example, CareFusion offer AirLife disposable oxygen masks which is latex-free and made from soft, high-grade vinyl resins. The smooth, and feathered edges device is designed for anatomical compatibility. Thus, provide superior patient comfort and reduce irritation points.

The market is further studied based on various applications of oxygen therapy devices such as for Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Pneumonia and others. Use of oxygen therapy devices for COPD and asthma is fast catching up and captured more than 65% share of the total market revenue. End user segment is divided into hospital and home healthcare field. Among which, we understood that the oxygen therapy devices are most prominent and widely used in home healthcare sector compared to the hospital facilities. Home healthcare captured almost 60% share of the global market revenue.

Geographically, North America captured 40.12% share of the global market in 2016. Increasing incidence of respiratory disorders is considered to be the primary driver for the market growth. According to Centers for Disease Control and Prevention (CDC), there were approximately 12.7 million adults aged over 18 reported to haveCOPD in the U.S. Regions such as Asia Pacific and Latin America is growing with the highest growth rate. Government initiatives coupled with growing demand for oxygen devices support the market demand. Key players such as BiognostiX, Navigene Genetic Science Pvt Ltd., Micro Essential Labs, Kenosha C.V., GVS Filter Technology Inc., Alere, Diagnostics for All, Inc. and Bio-Rad Laboratories are present in this market.

Browse full report with in-depth TOC on “Oxygen Therapy Market, By Types (Oxygen Source and Oxygen Delivery Devices), By Application (COPD, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, and Pneumonia), By End User, And Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
www.analystviewmarketinsights.com/report-highlight-oxygen-therapy-market-129/

SCOPE OF THE REPORT:

The scope of this report covers the market by its major segments, which include as follows:

Market by types:

Oxygen Source Devices
• Positive Airway Pressure (PAP) Devices
• Oxygen Cylinders
• Oxygen Concentrators
• Liquid Oxygen Devices

Oxygen Delivery Devices
• Oxygen Masks
• Venturi Masks
• Non-rebreather Masks
• Bag Valve Masks
• Others

Market by application:
• Chronic Obstructive Pulmonary Disease
• Asthma
• Obstructive Sleep Apnea
• Respiratory Distress Syndrome
• Pneumonia
• Others

Market, by end use
• Hospitals
• Home Healthcare

Market by country:

Further Breakdown of the North America Market
• U.S.
• Canada
Further Breakdown of the Europe Market
• Germany
• France
• Rest of Europe

Further Breakdown of the APAC Market
• India
• China
• Rest of APAC

Further Breakdown of the Rest of the World Market
• Middle-East and Africa
• Latin America

Key benefits of the report:
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

Find out more by getting in touch: https://www.analystviewmarketinsights.com/get-in-touch/

About Us:
AnalystView Market Insights is a market research and consulting firm that adopts a proactive approach to provide the diverse need for accurate and precise market research, custom research, and consulting solutions across geographies and industry verticals. We strive to develop meaningful and evidence-based research data that helps our clients, empowering organizations and brands of all sizes with strategic analysis, accurate data, and consumer trends for various industries such as Healthcare, Bulk Chemicals, Semiconductors, Electronics, and Foods and Beverages.

Contact Us:
Mr. Jose (Press & Marketing Manager)
Corporate Sales, USA
AnalystView Market Insights
Email: sales@analystviewmarketinsights.com
Tel: +91-757-498-5725 (Asia-Pacific Business Centre)
Web: www.analystviewmarketinsights.com

This release was published on openPR.