Oxygen Therapy Devices Market to Grow at 10.16% CAGR During 2017-2021

The report, Global Oxygen Therapy Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Request Discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=917329

The analysts forecast the global oxygen therapy devices market to grow at a CAGR of 10.16% during the period 2017-2021. This report covers the present scenario and the growth prospects of the global oxygen therapy devices market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of various oxygen therapy devices and consumables to key end-users such as hospitals, clinics, and homecare.

One trend in market is increased adoption of portable systems. Portable oxygen concentrators with better safety and wearable features are designed to deliver oxygen to individuals at home and on the go. These lightweight devices can be worn on belt clip, backpack, or shoulder strap and have become popular among people requiring oxygen therapy while traveling by flight.

Report Available @ http://www.reportsnreports.com/reports/917329-global-oxygen-therapy-devices-market-2017-2021.html

According to the report, one driver in market is marketing strategies of vendors. Global vendors in the global oxygen therapy devices market are implementing innovative marketing strategies such as offering continual awareness and application training to healthcare professionals and organizing their sales teams around the physician specialties. This helps them create strong relationships with physicians and other end-users, which enhances their ability to cross-sell complementary products.

Further, the report states that one challenge in market is unfavorable reimbursement scenario. Unfavorable reimbursement structure is restraining the market growth of oxygen therapy devices. The lack of coverage under reimbursement policy acts as a potential barrier, which may prevent the entry of innovative oxygen therapy devices with new technologies in the market. Also, healthcare reform policies with unfavorable reimbursements can affect investments in the development of technology as well as product deployment.

Inquire Before Buying @ http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=917329

The following companies are the key players in the global oxygen therapy devices market: Chart Industries, DeVilbiss Healthcare, Fisher & Paykel Healthcare, Invacare, and Philips Respironics. Other Prominent Vendors in the market are: 3B Medical, Airing, Allied Healthcare Products, Apnex Medical, CareFusion, GCE Healthcare, GE Healthcare, Inogen, MAQUET Medical Systems, O2 Concepts, Oxus America, Precision Medical, ResMed, Smiths Medical, Techno-Gaz Industries, and Teleflex.

ReportsnReports.com is single source for all market research needs. The database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, ReportsnReports.com help in purchase decision by mapping information needs with it’s huge collection of reports.

Ritesh Tiwari
2nd floor, metropole,
Next to inox theatre,
Bund garden road,
Pune-411001.
+ 1 888 391 5441
sales@reportsandreports.com

This release was published on openPR.