Global Oxygen Therapy Equipment Market, By Product Type (Bag-Valve Mask and Oxygen Source Equipment), Portability (Portable and Stationary), Application (Asthma, Pneumonia, Chronic Obstructive Pulmonary Disease (COPD), Respiratory Distress Syndrome, Cystic Fibrosis and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights of Global Oxygen Therapy Equipment Market
Global oxygen therapy equipment market is expected to gain the market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 2.8 Billion by 2027 growing at a CAGR of 8.8% in the above-mentioned forecast period.
Oxygen therapy equipment is used to treat a wide variety of respiratory illnesses because of its supportive relief and complementary components. It has become an important component of the accurate management of various diseases, such as respiratory pain disorder, asthma, chronic obstructive pulmonary disease and more. Benefits of oxygen therapy can improve the breathing process, boost energy, and prevent the heart failure.
Respiratory conditions, rising tobacco smoking, and the number of people with an aging population are major factors contributing to the growth of the oxygen therapy equipment market. Oxygen therapy increases the likelihood of COPD patients' survival and also reduces its complications, and symptoms are factors contributing to the growth of the global market. Another factor driving the growth of the target market is the growing preference for portable oxygen therapy devices over standalone devices. Additionally, the growing use of telemedicine, home-based oxygen therapy and tele monitoring, are factors that will drive the growth of the global oxygen therapy equipment market in the near future.
However, stringent regulations for the approval of the oxygen therapy product become a hindrance to the growth of the oxygen therapy equipment market. In addition, the availability of low-cost alternative medicine is a challenging factor affecting target market growth.
This oxygen therapy equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research oxygen therapy equipment market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Oxygen Therapy Equipment Market Scope and Market Size
Oxygen therapy equipment market is segmented on the basis of product type, probability and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on the product type, the oxygen therapy equipment market is segmented into bag-valve mask and oxygen source equipment. Further on the basis of bag value mask the oxygen therapy equipment market is segmented into nasal cannula, oxygen mask, venturi mask and non-rebreather mask. Oxygen source equipment is sub-segmented into liquid oxygen device, oxygen concentrator and oxygen cylinder.
- Based on the portability, the oxygen therapy equipment market is segmented into Portable and Stationary.
- Based on the application, the oxygen therapy equipment market is segmented into asthma, pneumonia, chronic obstructive pulmonary disease (COPD), respiratory distress syndrome, cystic fibrosis and others.
Global Oxygen Therapy Equipment Market Country Level Analysis
Oxygen therapy equipment market is analysed and market size insights and trends are provided by country, product type, probability and application as referenced above.
The countries covered in the oxygen therapy equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the oxygen therapy equipment market and has a major share of revenue and is expected to maintain its position in the forecast period. Increasing end users and increasing awareness of the benefits of oxygen therapy in hospitals are factors driving the growth of the target market.
The country section of the oxygen therapy equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Oxygen therapy equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for oxygen therapy equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the oxygen therapy equipment market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Global Oxygen Therapy Equipment Market Share Analysis
Oxygen therapy equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oxygen therapy equipment market.
The major players covered in the oxygen therapy equipment market report are Linde Healthcare, Invacare Corporation, Philips Healthcare, Chart Industries, Inc., Becton, Dickinson and Company, Teleflex Incorporated, Smiths Medical, Fisher & Paykel Healthcare Corporation Limited, Drägerwerk AG & Co. KGaA, Inogen, Inc., Messer Medical Austria GmbH, HERSILL, S.L., GCE Holding AB, Allied Healthcare Products Inc., Respan Products Inc., and DeVilbiss Healthcare among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.