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Oxygen Therapy Equipment Market growing at a CAGR of 9.0% during the forecast period of 2017 to 2024
Global Oxygen Therapy Equipment Market ? Industry Trends and Forecast to 2024
The Global Oxygen Therapy Equipment Market accounted to USD 2.61 billion in 2016 growing at a CAGR of 9.0%during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Oxygen Therapy Equipment Market – Market Segmentation:
On the basis of product, global oxygen therapy equipment market is segmented into oxygen source and delivery devices. Oxygen source is further segmented into concentrator and cylinder. Oxygen source equipment is expected to dominate the market in the forecast period 2017-2024 due to increasing incidence of respiratory disorders and technological advancements.
On the basis of portability, global oxygen therapy equipment market is segmented into stationary and portable.Stationary devices segment is expected to account the largest market in the forecast period due to respiratory disorders and increasing geriatric population.
On the basis of application,global oxygen therapy equipment market is segmented into chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis and pneumonia.
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Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
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Some of the major players operating in this market are
Some of the major players operating in global oxygen therapy equipment market are Linde Healthcare (Germany),Invacare Corporation (U.S.),Philips Healthcare (Netherlands),Chart Industries, Inc. (U.S.),Becton, Dickinson and Company (U.S.),Teleflex Incorporated (U.S.),Smiths Medical (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand),Drägerwerk AG & Co. KGaA (Germany),Inogen, Inc. (U.S.),Messer Medical Austria GmbH (Germany),HERSILL, S.L. (Spain),GCE Holding AB (Sweden),Allied Healthcare Products Inc. (U.S.),Respan Products Inc. (Canada), and DeVilbiss Healthcare (U.S.) among others.
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