Press release
The global medical oxygen systems market was valued at US$ 2,300.5 million in 2017 and is expected to witness a CAGR of 6.3% during the forecast period (2017 – 2025).
Medical oxygen systems are prescribed to the patients as a part of oxygen therapy to the patient population suffering from chronic or acute respiratory malfunctions and disorders. Oxygen therapy is also given to children to curb the diseases including cystic fibrosis, congenital heart diseases and severe asthma. The medical oxygen systems provides life support especially to the aging population suffering from respiratory disorders. The other benefits provided by the medical oxygen systems include reduction in fatigue, improving sleeping patterns in sleep apnea cases and easing tightness of breathe. The emergency supply system, redundant tank system and portable systems are the commonly used systems in the healthcare facilities to ensure continuous oxygen supply.
The global medical oxygen systems market was valued at US$ 2,300.5 million in 2017 and is expected to witness a CAGR of 6.3% during the forecast period (2017 – 2025).
Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/539
Rising surgical procedures is expected to drive the global medical oxygen systems market
The growing consumer awareness for oxygen therapy devices, investments by manufacturers for the production of homecare products and adoption of innovative technologies is expected to rise the global medical oxygen systems market. According to the Centers of Disease Control and Prevention statistics in 2017, around 1.9 million physician office and outpatient visits are recorded with the people suffering from heart disease in the U.S. North America is expected to dominate the global medical oxygen systems market owing to increasing prevalence of COPD, changing consumer lifestyles, increased government expenditures for research and development on cost-effective oxygen devices. The innovative portable and ultra-light oxygen concentrator separates nitrogen and oxygen from the environmental air providing 95% pure oxygen to patients. Portable oxygen concentrators are largely used by travelers and mountaineers in regions of inadequate oxygen supply, thereby fueling growth of the medical oxygen systems market.
Increasing demand for medical oxygen systems in accidental cases is a prominent factor to fuel the medical oxygen systems market
The rising number of patients requiring ambulatory services, increasing prevalence of untreated obstructive sleep apnea, rising per capita healthcare spending and ease in access to healthcare services boost the medical oxygen devices market in Asia Pacific. According to the annual global road crash statistics, 20-50 million people are injured or disabled, with 1.3 million deaths recorded each year. Also, the road fatalities account for a total US$ 65 billion, exceeding the amount of developmental assistance. The key players operating the medical oxygen systems market are focusing on designing clinically efficient products to improve the quality of life of the patients and favorable reimbursement policies. Manufacturers are working hard to build compact, lighter cost effective devices that provide greater patient mobility like rolling two wheel oxygen tank cylinder. For instance, Inogen offers oxygen concentrator designed for the use of patients at home which provides ideal flow settings and energy efficient systems providing less energy than the standard market stationary concentrators. Also, Ceodeux Meditec innovation focuses on improving patient outcomes by collaborating with university partners, thereby providing custom medical gas solutions, and revolutionary cartridge technology offering low-level maintenance. For instance, the launch of compact and ultra-precise medical gas regulator MINIOX in 2017, ideal for hospital and homecare respiratory therapy.
Click here to know more about this publish report: https://www.coherentmarketinsights.com/market-insight/medical-oxygen-systems-market-539
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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 The global medical oxygen systems market was valued at US$ 2,300.5 million in 2017 and is expected to witness a CAGR of 6.3% during the forecast period (2017 – 2025). here
News-ID: 760717 • Views: …
More Releases from Medical Devices
Medical Aesthetics Market - Global Industry Insights, Trends, Outlook, and Oppor …
Medical aesthetics is an area of medicine, dealing with aesthetics, well-being, external appearance, visible skin changes, and image of the patient. Medical aesthetics involve high-technology skin care procedures that represents the fusion of beauty and healthcare services. Procedures for these involves use of advanced technologies to enhance aesthetics of the person. Demand for anti-aging products and procedures is increasing significantly, owing to increasing focus of patients to look young and…
Ophthalmic Ultrasound Imaging Systems Market - Global Industry Insights, Trends, …
Ophthalmic ultrasound imaging system is non-invasive visualization technique, which is more convenient and relatively inexpensive as compared to other techniques such as optical coherence tomography (OCT), magnetic resonance imaging (MRI), and scanning Scheimpflug. Ophthalmic ultrasound imaging systems allow imaging of anatomy and pathology involving the anterior and posterior segment of the eye. This system provides diagnostic information in conditions such as glaucoma, trauma, cysts, and neoplasms. It also allows measurement…
Eye Anatomical Model Market - Global Industry Insights, Trends, Outlook, and Opp …
Eye anatomical model refers to the type of reference models that are used to study the internal and external structures of the eye. These models are majorly used by educational institutes and optometry departments by professors to explain the internal and external anatomy of the eye in detail. These are also found to be used by professional healthcare providers such as ophthalmologists as well as opticians to educate their patients…
Clostridium Difficile Diagnostics and Treatment Market – Insights
Clostridium difficile is a disease caused by bacteria. Symptoms of the disease includes diarrhea, nausea, colon inflammation, and others. Clostridium difficile infection affects older adults, and according to Centers for Disease Control and Prevention (CDC), 2015, clostridium difficile infection is the most common healthcare-associated infection. Furthermore, frequent use of antibiotic medication is also responsible for clostridium difficile infection, as antibiotics kill normal flora (good bacteria) and allow for multiplication of…
More Releases for Coherent
Micro-LED Market Proving Great Growth | Coherent Market Insights
Micro-LED Market 2021
Micro-LED is a reduced form of LED with a matrix, which provides efficient power, color, brightness and response time. Also known as microLED or mLED. Micro-LED is used for smartphones, tablets, laptops, televisions, smart watches, headsets, and other instantaneous (NTE) devices.
Market Drivers:-
Rising demand for low power and small devices such as Smartphones and smart watches stimulates the growth of the micro-LED market. The growing number of smartphone users…
Petroleum Coke (Petcoke) Market: Business Opportunities - Coherent Market Insigh …
Petroleum coke, also abbreviated as petcoke or coke, is a by-product of crude oil production and is among one category of the group of fossil fuels called combustible substances are known as combustibles. Like other fossil fuels, petroleum coke is subject to a range of environmental concerns including climate change, air pollution, acid rain, and global warming. Many oil & gas corporations are focused on the expansion of their refinery…
Immobilized Trypsin Market Report 2021 - Coherent Market Insights
Immobilized Trypsin Market is created in this intelligence report. This comprehensive research report is a well-thought-out compilation of detailed market development and growth factors optimizing the path of continued growth in terms of exact product data, strategies, and market share of the leading companies in this particular market. We follow an iterative model of research methodology to formulate the report that helps decision-makers make an informed investment appraisal. Literature research…
Ilmenite Market Segments, Share, Trends 2027 | Coherent Market Insights
A detailed report on Global Ilmenite providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Ilmenite , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production, revenue, and…
Bioinformatics Market Outlook Till, 2027 : Coherent Market Insights
The Bioinformatics Market report gives a weighty source to assess the market and other fundamental technicalities identifying with it. The examination unveils the total assessment and veritable parts of the Bioinformatics Market. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.The trends and expected prospects for the market…
AI App Development || Coherent Lab LLP
The IT industry is growing day by day and immense popularity. Nowadays, businesses are in search of better opportunities to make money in more innovative way. Considering the AI (artificial intelligence) in mobile and web app development, we at Coherent Lab LLP focuses on developing practical solutions which streamlines to generate more and more profits and smoothen the operations as well.
Situated in the heart of pinkcity, Jaipur, Coherent Lab…
