Infinium Global Research has added a new report on Oxygen
Therapy Devices Market. The report presents analysis of global as well
as regional markets of oxygen therapy devices market over the period of 2018 to
2024.
Global oxygen therapy devices
market is showing a positive trend around the globe. There are many factors
which are indicating a positive outlook of market for medium and long term. Chronic
obstructive pulmonary disease (emphysema), Neuromuscular & chest wall
disorders, Cystic fibrosis, morbid obesity are some of the common disorders
that lead to non-uniformity of oxygen in the body. It is expected that number
of people affected with these disorder will grow, and would act as a drivers
for oxygen therapy device market in the short and medium term. Increasing
incidence of respiratory, breathing, lung diseases due to continuously
degrading environment, changing lifestyle and food consumption habits would increase
the demand for oxygen therapy devices market. However, stringent safety
regulations and lack of trained personnel and unavailability of supportive
services of oxygen therapy devices are the restraining factors of this market
for short term. Development of cost effective, rapid and accurate oxygen
therapy devices around the globe, increasing awareness level of different uses
of oxygen therapy among doctors, physicians, surgeons & common people and adoption
of personalized & portable devices for emergency oxygen delivery from small
health care units/nursing centers/hospitals could create lucrative opportunities
for the oxygen therapy devices market in near future.
On the basis of region, the oxygen
therapy device market is fragmented into North America, Europe, Asia, and the
Rest of the World (RoW). Asia Pacific region is the highest CAGR growing market
region during the forecast period, 2018-2024. The presence of emerging
economies like China and India, its large population base and rising incidence
of chronic diseases of respiration, lung diseases in Asian countries due
to changing life style, changing consumption habits, increasing demand for standardized world class medical facilities,
increasing healthcare spending ability among the people and government
initiatives to provide better health facilities are some f major factors
driving the high growth of this market in these regional segments.
February,2018; Invacare Corporation Transferred itsKüschall
Wheelchair Production plant from Switzerland to France. This move will help the
company to better optimize its wheelchair manufacturing facility in France. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global oxygen therapy devices market
but also make strategic decisions to capture the most lucrative markets in the
near future.
The market size is presented in terms of value for the historic
year 2018 and estimated for forecast period of 2016-2024.
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The recent report identified that North America dominated the
global oxygen therapy devices market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the oxygen therapy devices market
worldwide.
The report segments the global oxygen therapy devices market on
the basis of Product types, Applications and End User.
Global Oxygen Therapy Devices Market by Product
Types
·
Oxygen Source Equipment
·
Oxygen Delivery Devices
Global Oxygen Therapy Devices Market by
Applications
·
Chronic Obstructive Pulmonary Disease (COPD)
·
Asthma
·
Obstructive Sleep Apnea
·
Respiratory Distress Syndrome (RDS)
·
Cystic Fibrosis
·
Pneumonia
Global Oxygen Therapy Devices Market by End User
·
Home Care Settings
·
Hospitals
·
Ambulatory SurgicCenters& Physician Offices
Companies Profiled in the Report
·
Teleflex Incorporated
·
Invacare Corporation
·
Chart Industries, Inc.
·
Fisher &Paykel Healthcare Corporation
Limited
·
Inogen, Inc.
·
Philips Healthcare (A Division of Koninklijke
Philips N.V.)
·
Linde Healthcare (A Division of Linde Group)
·
Becton, Dickinson and Company
·
Taiyo Nippon Sanso Corporation
·
Smiths Medical (A Division of Smiths Group PLC)
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