Press release
Respiratory Oxygen Delivery Devices Market 2024 Share, Growth, Size, Opportunities 2033
Respiratory Oxygen Delivery Devices Market
As per the report, the respiratory oxygen delivery devices market size has grown rapidly in recent years. It will grow from $13.56 billion in 2023 to $15 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The respiratory oxygen delivery devices market size is expected to see rapid growth in the next few years. It will grow to $22.62 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15662&type=smp
Driving Factors Behind The Growth Of The Respiratory Oxygen Delivery Device Market
The increasing prevalence of asthma is expected to propel the growth of the respiratory oxygen delivery device market going forward. Asthma is a chronic respiratory condition characterized by inflammation and narrowing of the airways, leading to recurring episodes of wheezing, coughing, chest tightness, and shortness of breath. The cases of asthma are on the rise due to air pollution, allergen exposure, genetic predisposition, changes in lifestyle and dietary habits, and urbanization. Respiratory oxygen delivery devices help in managing asthma by providing supplemental oxygen therapy to patients during exacerbations, ensuring adequate oxygenation, and alleviating symptoms, thus improving respiratory function and enhancing the quality of life for individuals with asthma. For instance, in May 2024, according to the data published by the National Center for Health Statistics (NCHS), a U.S.-based health statistics agency, the prevalence of current asthma among adults aged 18 and over in the United States increased from 8.4% in 2021 to 8.7% in 2022. Additionally, asthma episodes in the past 12 months for adults in the same age group rose from 3.3% in 2021 to 3.7% in 2022. Therefore, an increasing prevalence of asthma is driving the respiratory oxygen delivery device market.
Advancements In Respiratory Oxygen Delivery Devices Is Enhancing Efficiency And Accessibility Through Innovative Solutions
Companies in the respiratory oxygen delivery device market are focusing on incorporating advanced sensor control systems and interlinked connectivity features in oxygen concentrator devices, such as pressure swing adsorption (PSA) technology, to enhance patient monitoring, improve treatment outcomes, and streamline healthcare delivery processes. Pressure swing adsorption (PSA) technology in oxygen concentrators efficiently separates oxygen from nitrogen in ambient air, providing a continuous and reliable oxygen supply for patients needing respiratory support. For instance, in July 2022, OMRON Healthcare Co. Ltd., a Japan-based medical device manufacturing company, launched a medical molecular sieve oxygen concentrator, a portable device designed to provide a continuous supply of high-purity oxygen. The concentrator separates nitrogen, oxygen, and other elements utilizing pressure swing adsorption (PSA) technology from ambient air, ensuring efficiency and quality while maintaining portability. The device aims to cater to the therapy and lifestyle needs of patients with chronic obstructive pulmonary disease (COPD) and respiratory problems, offering a convenient solution for home care providers and highly active users. The concentrator prioritizes mobility and durability with features such as a 360-degree mute wear-resistant universal caster wheel and a high-impact-resistant design.
The respiratory oxygen delivery devices market covered in this report is segmented -
1) By Product: Oxygen Masks, Nasal Cannula, Venturi Masks, Non-rebreather Masks, Bag Valve Masks, Continuous Positive Airway Pressure (CPAP) Masks, Other Products
2) By Application: Chronic Obstructive Pulmonary Disease (COPD), Asthma, Cystic Fibrosis, Respiratory Distress Syndrome, Pneumonia, Other Disease Applications
3) By End-Use: Hospitals, Outpatient Facilities, Home Care
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=15662&type=discount
Major companies operating in the respiratory oxygen delivery devices market are Medtronic plc, Air Liquide S.A., Becton Dickinson and Company, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Medline Industries Inc., ResMed Inc., Drägerwerk AG And Co. KGaA, Smiths Group, Teleflex Incorporated, Masimo Corporation, Chart Industries Inc., Fisher And Paykel Healthcare Limited, Invacare Corporation, Vyaire Medical Inc., Inogen Inc., Drive DeVilbiss Healthcare Inc., Hamilton Medical AG, GaleMed Corporation, Weinmann Emergency Medical Technology GmbH + Co. KG, Precision Medical Inc., Allied Healthcare Products Inc., Salter Labs Inc., Nidek Medical Products Inc.
Contents of the report:
1. Executive Summary
2. Respiratory Oxygen Delivery Devices Market Report Structure
3. Respiratory Oxygen Delivery Devices Market Trends And Strategies
4. Respiratory Oxygen Delivery Devices Market - Macro Economic Scenario
5. Respiratory Oxygen Delivery Devices Market Size And Growth
…..
27. Respiratory Oxygen Delivery Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/respiratory-oxygen-delivery-devices-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Respiratory Oxygen Delivery Devices Market 2024 Share, Growth, Size, Opportunities 2033 here
News-ID: 3561069 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Respiratory
Prevalence Of Respiratory Diseases Fuels Demand For Respiratory Disposables: Key …
The Respiratory Disposables Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Respiratory Disposables Market Size During the Forecast Period?
The respiratory disposables market has seen rapid growth in recent years. It is expected to grow from $1.01 billion in 2024 to $1.15…
Transforming the Respiratory Monitoring Devices Market in 2025: Rising Incidence …
What Is the Expected Size and Growth Rate of the Respiratory Monitoring Devices Market?
The market size for respiratory monitoring devices has seen swift expansion in the recent past. The market's growth is projected to increase from $1.67 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%. A combination of factors such as the prevalence of respiratory ailments, an aging demographic, technological innovations,…
Transforming the Respiratory Monitoring Devices Market in 2025: Rising Incidence …
What Is the Expected Size and Growth Rate of the Respiratory Monitoring Devices Market?
The market size for respiratory monitoring devices has seen swift expansion in the recent past. The market's growth is projected to increase from $1.67 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 11.8%. A combination of factors such as the prevalence of respiratory ailments, an aging demographic, technological innovations,…
Molecular Respiratory Panels Market: Enhancing Accuracy and Speed in Respiratory …
Introduction
The global molecular respiratory panels market is rapidly evolving, driven by the need for faster, more accurate diagnostics in respiratory diseases. With respiratory infections and diseases becoming increasingly prevalent worldwide, accurate detection and timely diagnosis are critical to improving patient outcomes. Molecular respiratory panels, which utilize advanced molecular techniques like PCR (Polymerase Chain Reaction) and other nucleic acid-based methods, enable the rapid identification of pathogens responsible for respiratory conditions. These…
Tackling Respiratory Challenges: Lower Respiratory Tract Therapeutics Market 202 …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Lower Respiratory Tract Therapeutics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $48.37 billion In…
Respiratory Assist Devices Market - Breathing Uninterrupted: Innovating Respirat …
Newark, New Castle, USA - new report, titled Respiratory Assist Devices Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Respiratory Assist Devices market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Respiratory Assist Devices market. The report offers an overview of…
