Global Oxygen Therapy Devices Industry 2018, Deep Market Research Report, Analysis, Forecast and Outlook

We have produced a new premium report Oxygen Therapy Devices Market. The report covers the analysis of global as well as regional markets of Oxygen Therapy Devices. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Oxygen Therapy Devices Market by product types (oxygen source equipment, delivery devices), applications (asthma, obstructive sleep apnea, respiratory distress syndrome, cystic fibrosis, and pneumonia), and end user (home care settings, hospitals, and physician offices) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Oxygen Therapy Devices Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Oxygen Therapy Devices Market are Teleflex Incorporated, Invacare Corporation, Chart Industries, Inc., Fisher & Paykel Healthcare Corporation Limited, Inogen, Inc., Philips Healthcare (A Division of Koninklijke Philips N.V.), Linde Healthcare (A Division of Linde Group), Becton, Dickinson and Company, Taiyo Nippon Sanso Corporation and Smiths Medical (A Division of Smiths Group PLC).

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North America to Influence the global Oxygen Therapy Devices Market through 2018-2024

The global oxygen therapy devices market was dominated by the North America region over the historic period 2015-16, followed by Europe. An increasing number of patients affected with obstructive pulmonary disease (emphysema), Neuromuscular and chest wall disorders, Cystic fibrosis, morbid obesity are the key factors for driving the growth of oxygen therapy devices market globally. Increasing incidence of respiratory, breathing, lung diseases due to continuously degrading and polluted environment, changing lifestyle and food consumption habits would lead to rising demand for cost-effective, rapid and accurate oxygen therapy device market in medium and long term.

Asia Pacific region is expected to be the fastest growing region on account of increasing demand of standardized world-class medical facilities in Asian countries, growing healthcare infrastructure as hospitals/nursing homes/private clinics, increased spending on healthcare by working and middle-class population in developing countries like India, China, and other South East Asian countries are expected to work as catalyst for this market in near future.

Demand for Portable and Personalized Device

In addition, increasing awareness levels and demand for personalized & portable devices for emergency oxygen delivery and different uses of oxygen therapy among doctors, physicians, surgeons, and common persons can contribute towards the market growth for the long term. In addition, a large number of the population around the globe are vulnerable to different lung disease as Asthma, Chronic Obstructive Pulmonary Disease, Pulmonary Fibrosis and so on, and this number is expected to grow in the medium and long term. Thus, the increasing presence of large patient pool with lung-related disease and emergency cases are expected to fuel the oxygen therapy devices market.

New WHO Designation for Oxygen Could Save Thousands of Lives Globally

June 2017, World Health Organization (WHO) included a new indication for oxygen in its Model List of Essential Medicines (EML) and List of Essential Medicines for Children (EMLc), identifying oxygen as a medicine essential for the management of hypoxemia, this action could improve global health by making oxygen more accessible.

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Major Key Players Mentioned in this Premium Report

The Leading companies in the market are Teleflex Incorporated, Invacare Corporation, Chart Industries, Inc., Fisher &Paykel Healthcare Corporation Limited, Inogen, Inc., Philips Healthcare (A Division of Koninklijke Philips N.V.), Linde Healthcare (A Division of Linde Group), Becton, Dickinson and Company, Taiyo Nippon Sanso Corporation and Smiths Medical (A Division of Smiths Group PLC).

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global oxygen therapy devices market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of oxygen therapy devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the oxygen therapy devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the oxygen therapy devices market to understand the present and future trends in this market and formulate their strategies accordingly.

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