Oxygen Therapy Market Outlook, Development Factors, Latest Opportunities and Forecast 2032| Smiths Medical Inc., Hersill SL, Fisher & Paykel Healthcare Corporation Limited, Invacare Corporation, Teleflex Incorporated

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Oxygen Therapy Market Size, Growth Rate, And Forecast
The global oxygen therapy market size is expected to grow from $23.70 billion in 2022 to $25.89 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global oxygen therapy market size is expected to reach $36.53 billion in 2027 at a CAGR of 9.0%.

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Oxygen Therapy Market Drivers
The rising prevalence of respiratory disorders is expected to propel the growth of the oxygen therapy market going forward. A respiratory disorder is a condition that impacts the respiratory system's lungs and other organs, often known as lung diseases which include tuberculosis, lung cancer, mesothelioma, cystic fibrosis, and asthma. Oxygen therapy is used in the treatment of people suffering from respiratory disorders condition by providing an additional supply of oxygen that relieves shortness of breath.

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Oxygen Therapy Market Segments
• By Product: Oxygen Delivery Devices, Oxygen Source Equipment
• By Portability: Stationary Devices, Portable Devices
• By Application: Pneumonia, Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis, Other Applications
• By End User: Hospitals, Clinics, Home Care, Post Acute Care Settings
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the oxygen therapy market.

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Oxygen Therapy Market Key Players
Major competitors in the oxygen therapy market include Smiths Medical Inc., Hersill SL, Fisher & Paykel Healthcare Corporation Limited, Invacare Corporation, Teleflex Incorporated, Koninklijke Philips N.V., Drive Devilbiss International, Allied Healthcare Products Inc.

The Business Research Company's "Global Oxygen Therapy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Oxygen Therapy Market Include:
1. Executive Summary
2. Oxygen Therapy Market Characteristics
3. Oxygen Therapy Market Trends And Strategies
4. Oxygen Therapy Market - Macro Economic Scenario
5. Oxygen Therapy Market Size And Growth
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26. Africa Oxygen Therapy Market
27. Oxygen Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxygen Therapy Market
29. Oxygen Therapy Market Future Outlook and Potential Analysis
30. Appendix

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