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Oxygen Conserving Devices Market Value to Surpass US$ 261 Mn by 2027, as per TMR Report

03-13-2024 10:08 AM CET | Health & Medicine

Press release from: Transparency Market Research

Oxygen Conserving Devices

Oxygen Conserving Devices

The global ๐จ๐ฑ๐ฒ๐ ๐ž๐ง ๐œ๐จ๐ง๐ฌ๐ž๐ซ๐ฏ๐ข๐ง๐  ๐๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, valued at around US$ 164 million in 2018, is expected to grow moderate CAGR of 5% to reach value of US$ 261 Mnย from 2019 to 2027. Factors driving this growth include increasing incidences of COPD diseases, technological advancements in oxygen conservers, and the rise in the geriatric population.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70080&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

Oxygen conserving devices regulate oxygen flow from tanks to patients, providing supplemental oxygen to manage conditions like hypoxemia resulting from chronic respiratory diseases. These devices optimize oxygen use by delivering it based on demand pulses or fixed pulses triggered by the patient's breathing. There are two types: fixed pulse type, delivering a preset volume of oxygen, and demand pulse type, delivering oxygen when the patient inhales. Technological advancements have led to the development of portable, lightweight oxygen conservers suitable for pediatric and adult patients.

๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Inogen Inc.,GCE Group,Precision Medical, Inc,Drive DeVilbiss International,Medline Industries, Inc.,Graham-Field Health Products,Inovo, Inc,Essex Industries,Krober Medizintechnik

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Product Type

Oxygen Conserver
Electronicย  OCD
Pneumatic OCD
Disposable OCD
Others
Oxygen Conserver Parts & Accessories

Indication

Chronic Bronchitis
Emphysema
Sleep Apnea
Others

End User

Hospitals
Homecare
Others

๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐‚๐จ๐ง๐ฌ๐ž๐ซ๐ฏ๐ข๐ง๐  ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐š ๐’๐ฎ๐ข๐ญ๐š๐›๐ฅ๐ž ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž ๐Ÿ๐จ๐ซ ๐‚๐จ๐ง๐ฏ๐ž๐ง๐ญ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฑ๐ฒ๐ ๐ž๐ง ๐“๐ก๐ž๐ซ๐š๐ฉ๐ฒ

Conventional home oxygen therapy, which uses low-flow oxygen delivered continuously through a nasal cannula, is inefficient as oxygen is wasted during expiration and late inhalation. To address this, pulsed oxygen delivery systems integrate various oxygen sources like liquid oxygen and battery-powered concentrators with oxygen conserving devices. These systems optimize oxygen delivery, making them highly effective for various breathing behaviors, as shown by multiple studies and clinical trials.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ:

Drivers:

Increasing prevalence of respiratory diseases, technological advancements in oxygen delivery systems, rising demand for home-based healthcare solutions.

Challenges:

Stringent regulatory requirements, limited reimbursement coverage in developing regions, and the high cost associated with advanced oxygen conserving devices.

๐†๐ซ๐š๐› ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฉ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=70080<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Growing preference for portable oxygen concentrators over traditional oxygen cylinders.

Integration of smart technology for remote monitoring and data collection.
Rising adoption of telehealth services for remote patient monitoring and consultation.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The future of the oxygen conserving devices market looks promising, with continued innovation and expansion into emerging markets. The adoption of advanced oxygen delivery systems, coupled with the growing emphasis on home-based healthcare solutions, is expected to drive market growth in the coming years.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Assessment of market dynamics, including drivers, challenges, and trends.
Analysis of market segmentation by service type, sourcing type, application, industry vertical, and region.

Evaluation of regional market dynamics and growth opportunities.
Identification of key market players, their product portfolios, and recent developments.

Forecasting market size and growth potential for the period 2024-2032.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐๐•๐‚ ๐„๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621840/0/en/PVC-Emulsion-Market-Value-to-Reach-US-5-1-Bn-by-2031-As-per-TMR-Report.html

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐จ๐ฐ๐ž๐ซ ๐’๐ญ๐ž๐ž๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621639/0/en/Automotive-Electric-Power-Steering-Market-Value-to-Reach-US-43-0-Bn-by-2031-as-per-TMR-Report.html

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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