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Oxygen Flow Meters Market Report 2023-2032: Market Size, Analysis, Growth, Industry Trends And Outlook | D.Z. Medicale S.r.l., Heyer Medical AG, Ohio Medical Corporation, Megasan Medical, Precision Medical Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Oxygen Flow Meters Global Market Report 2023 identifies increasing number of COVID-19 cases in the world as the major driver for the Oxygen Flow Meters market's growth in the forecast period. COVID-19 disease (COVID-19) is an infectious disease caused by the virus called SARS-CoV-2. The majority of those infected with the virus will experience mild to moderate respiratory symptoms and require external oxygen to breathe.
The global oxygen flow meters market size grew from $1.54 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. 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 flow meters market size is expected to grow to $2.31 billion in 2027 at a CAGR of 8.2%.
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Major competitors in the Oxygen Flow Meters market are D.Z. Medicale S.r.l., Heyer Medical AG, Ohio Medical Corporation, Megasan Medical, Precision Medical Inc.
A key trend in the Oxygen Flow Meters market includes New product developments. Major companies operating in the oxygen flowmeters sector are focused on new product innovations to meet consumer demand and strengthen their position. For instance, In August 2021, Guangzhou Aosong Electronics Company Ltd., a China-based manufacturer of temperature and humidity sensors, launched a new intelligent digital gas mass flow meter based on advanced semiconductor technology. This product features high sensitivity, a versatile output mode, and a wide range of stability. The AMS2106 uses thermal mass flow measurement without the need for additional temperature and pressure correction from the client, ensuring high-precision flowmeter calculations, high sensitivity, and the ability to quickly detect the minimum starting flow rate and begin the calculation.
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The Oxygen Flow Meters market is segmented -
1. By Type: Double Flange Type, Plug-in Type, Other Types
2. By Calibration Type: Automatic, Manual
3. By Application: Healthcare, Industrial, Aerospace, Chemical, Other Applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oxygen Flow Meters market.
The Business Research Company's "Global Oxygen Flow Meters Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Oxygen Flow Meters Market Include:
1. Executive Summary
2. Oxygen Flow Meters Market Characteristics
3. Oxygen Flow Meters Market Trends And Strategies
4. Oxygen Flow Meters Market - Macro Economic Scenario
5. Oxygen Flow Meters Market Size And Growth
……
26. Africa Oxygen Flow Meters Market
27. Oxygen Flow Meters Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxygen Flow Meters Market
29. Oxygen Flow Meters Market Future Outlook and Potential Analysis
30. Appendix
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