Press release
Global Exercise Oxygen Equipment Market Top Leading Players with Strategies and Forecast 2028
The global exercise oxygen equipment market is anticipated to grow at a CAGR of 8.5% during the forecast period (2022-2028). Exercise oxygen equipment is used to support athletes and non-diseased people to attain performance retrieval after a workout. This equipment allows the lengthier duration of workout and supports quicker return to exercise after a rest break. Doing exercise with oxygen therapy has many potential benefits and can be a great way to reduce the physical stress of exercise. This is important if the person has a chronic obstructive pulmonary disease (COPD) or any other respiratory illness that affects the person's ability to receive oxygen. It also supports in tissue repair by removing excess carbon dioxide. For aged people, it supports to fight irritation and improve their mental acuity. Nowadays there are portable concentrators available in place of traditional cylinders. Portable concentrators are useful for home-based use which is the driving factor for the growth of the global exercise oxygen equipment market.The market is segmented based on the product, portability, and application. Based on the portability, the market is segmented into stationary oxygen and portable oxygen equipment. Stationary oxygen concentrators take air from surroundings, extract oxygen and filter it into purified oxygen for the wearer to breathe. A portable oxygen cylinder contains compressed oxygen gas which uses a battery system to compress and filter the air in order to create a consistent supply of concentrated oxygen. A portable oxygen cylinder are lighter in weight and do not require a metal tank.
Some major players in the market include Boost Oxygen LLC, Precision Medical Inc., and Nidek Medical Products Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, In June 2021, Anashwar Technologies, a Pune (India)-based company, revealed that it has created a do-it-yourself (DIY) design for a medical oxygen concentrator by modifying open-source materials to match Indian requirements.
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Product
By Portability
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Boost Oxygen LLC, Precision Medical Inc., and Nidek Medical Products Inc., among others.
A full report is available at: https://orionmarketreports.com/global-exercise-oxygen-equipment-market/106654/
Global Exercise Oxygen Equipment Market Report by Segment
By Product
Oxygen Concentrators
Compressed Gas Systems
Liquid Oxygen Systems
By Portability
Stationary Oxygen Equipment
Portable Oxygen Equipment
By Application
Nocturnal
Ambulatory-Travel
Homebound
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
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Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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