Press release
Oxygen Therapy Consumables Market: The global market is expected to grow at a CAGR of 5.9% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Oxygen Therapy Consumables Market size accounted for USD 34.5 Billion in 2022, growing at a CAGR of 5.9% from 2023 to 2033. The Oxygen Therapy Consumables Market refers to the market for various consumable products used in oxygen therapy. Oxygen therapy is a medical treatment that involves delivering supplemental oxygen to individuals with respiratory conditions or those who require additional oxygen for improved health and well-being.The Oxygen Therapy Consumables Market encompasses the production, distribution, and sale of these consumable products to hospitals, clinics, home healthcare settings, and other healthcare facilities. The market is driven by factors such as the increasing prevalence of respiratory disorders, the rising aging population, and the growing demand for home-based oxygen therapy.
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Key Highlights:
• The global Oxygen Therapy Consumables Market size was valued at USD 34.5billion in 2022 growing at a CAGR of 5.9% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Oxygen Therapy Consumables Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Oxygen Therapy Consumables Market report also includes the following data points:
• COVID19 Impact on Oxygen Therapy Consumables Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Oxygen Therapy Consumables Market
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Key Players
Some of the major Oxygen Therapy Consumables Market players holding high market share include Philips Healthcare, Linde Healthcare, Taiyo Nippon Sanso Corporation and Smiths Medical. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Philips Healthcare (A Division of Koninklijke Philips N.V.)
• Linde Healthcare (A Division of Linde Group)
• Taiyo Nippon Sanso Corporation
• Smiths Medical (A Division of Smiths Group PLC)
• Drägerwerk AG & Co. KGaA
• Teleflex Incorporated
• Invacare Corporation
• Fisher & Paykel Healthcare Corporation Limited
• Allied Healthcare Products Inc.
• Esex Industries Inc.
Segmental Analysis
Market Segment By Product with focus on market share, consumption trend, and growth rate of Oxygen Therapy Consumables Market:
• Oxygen Source Equipment
• Oxygen Delivery Devices
Market Segment By Application with focus on market share, consumption trend, and growth rate of Oxygen Therapy Consumables Market:
• Cystic Fibrosis
• Pneumonia
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Global Oxygen Therapy Consumables Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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