Oxygen Conservation Devices Market was valued at USD 867.3 million in 2018 and is projected to grow at a CAGR of 12.7% during 2021-2026.

Oxygen Conservation Devices Market 2021

Oxygen conservation devices are used for regulating the flow of oxygen from an oxygen tank to the patient. These devices are manufactured to keep oxygen flow minimal and subsequently extending the time oxygen tank lasts. Oxygen conservation helps in comforting the patient by partially blocking the continuous flow of oxygen in the patient’s nostril.

Chronic Obstructive Pulmonary Disease (COPD) is a generic term for progressive diseases related to lungs, including chronic bronchitis, refractory asthma, and emphysema. According to the World Health Organization (WHO), in 2015, more than 3.17 million deaths occurred due to COPD, accounting for 5% of the total deaths in 2015. Furthermore, 90% of all the deaths occurring due to COPD are registered in economically backward countries. Improper healthcare infrastructure and limited availability of medical facilities are the key factors for a high number of deaths occurring due to COPD.

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The Major Manufacturers Covered in this Report:
Medline Industries, Inc., Responsive Respiratory, Inc., Precision Medical, Inc., Invacare Corporation, Air Liquide, GCE Group, HERSILL, S.L., Essex Industries, Inc., and Medical Depot, Inc. (Drive DeVilbiss Healthcare). and more...

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026

Market Segmentation:

By Product

Electromechanical Pulsing Devices
Reservoir Oxygen Delivery Devices
Transtracheal Catheters
Others

By End Use

Hospitals & Clinics
Long-Term Care Units
Home Care

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Oxygen Conservation Devices Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Oxygen Conservation Devices Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Oxygen Conservation Devices Market sub-markets, depending on key regions (various vital states).
To analyze the Global Oxygen Conservation Devices Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Oxygen Conservation Devices Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Oxygen Conservation Devices Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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