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Oxygen Market By Growth, Trends, Top Companies And Outlook 2031
The global oxygen market report by the business research company identifies the increasing prevalence of various diseases related to breathing problems to be a major growth driver for the oxygen market. Diseases such as Chronic Obstructive Pulmonary Disease (COPD) are more prevalent in the geriatric population. COPD is a type of obstructive lung disease that results in long-term breathing problems. COPD requires the use of an oxygen concentrator, which is a device that improves the level of oxygen in blood in patients and addresses their breathing problems. According to the United Nations (UN), in 2020, there are an estimated 727 million persons aged 65 years or over worldwide and expected to reach 1.5 billion by 2050. Thus, the increased number of such cases has surged the demand for portable oxygen concentrators, therefore driving the Oxygen market's growth.The global oxygen market size is expected to grow from $30.24 billion in 2021 to $34.63 billion in 2022 at a compound annual growth rate (CAGR) of 14.5%. The global oxygen market size is expected to grow to $57.55 billion in 2026 at a CAGR of 13.5%.
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North America was the largest region in the organic food market in 2021. Western Europe was the second largest region in the global organic food market. The regions covered in the global organic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the oxygen market are Linde Group, Praxair Technology Inc, Air Liquide, Taiyo Nippon Sanso, Yingde Gases, Air Water Inc, Airgas Inc, Guangdong Haute Gas Co. Ltd, and Baosteel Metal Co. Ltd.
The global oxygen market is segmented -
1) By Product Type: Medical Oxygen, Industrial Oxygen, Other Product Types
2) By Application: Cosmetics, Pharmaceutical, Automobiles, Mining, Mineral processing applications
3) By End User Industry: Metallurgical Industry, Chemical Industry, Health Care Industry, Other End Use Industries
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The Oxygen Market Report Contents Include
1. Executive Summary
2. Oxygen Market Characteristics
3. Oxygen Market Trends And Strategies
4. Impact Of COVID-19 On Oxygen
5. Oxygen Market Size And Growth
....
26. Africa Oxygen Market
27. Oxygen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxygen Market
29. Oxygen Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Oxygen market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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