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Global Oxygen Therapy Equipment Market Key Players, Applications, Trends and Forecasts 2024
Global Oxygen Therapy Equipment Market ? Industry Trends and Forecast to 2024
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 the therapy equipment is utilized for treating various sorts of respiratory illnesses because of its helpful palliative and supplementary part. It has turned into a vital component for precise management of different illnesses such as respiratory pain disorder,asthma, chronic obstructive pulmonary disease and many more.Advantages from oxygen therapy do enhance breathing pattern increase mental stamina and prevention from heart failure.
Global Oxygen Therapy Equipment 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.
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On the basis of application, global oxygen therapy equipment market is segmented into chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis and pneumonia.
On the basis of end user, global oxygen therapy equipment market is segmented into hospital and home care.
Major Player Of Global Oxygen Therapy Equipment Market:
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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