Oxygen Therapy Market – Latest Updates with Market Exhaustive Survey And Demand Overview | Respironics, Inc. (a Philips company), Fisher & Paykel Healthcare Limited, Teleflex Incorporated, Invacare Corporation, AirSep Corporation
The Oxygen Therapy Market is expected to have a highly positive outlook for the next eight years 2020-2027. This Research Reports emphasizes on key industry analysis, market size, Share, growth and extensive industry dynamics with respect to drivers, opportunities, pricing details and latest trends in the industry.
The global Oxygen Therapy Market analysis further provides pioneering landscape of market along with market augmentation history and key development involved in the industry. The report also features comprehensive research study for high growth potential industries professional survey with market analysis. Oxygen Therapy Market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.
Oxygen therapy, also called supplementary oxygen, is the administration of oxygen to the body in order to assist with sustaining normal brain function during severe life-threatening emergencies. While normal hospitals can offer such services, a patient will need to be taken directly to the hospital that offers oxygen therapy services in their area. There are many benefits to this style of therapy, but first and foremost, it can save a person’s life in the event of an emergency. For instance, those who have been involved in a car accident or suffered from a stroke may require supplemental oxygen in order to survive. In addition, those who are hyperventilating due to asthma may benefit from this treatment as well.
Growing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and lung cancer is expected to drive growth of the global oxygen therapy market. According to the World Health Organization (WHO), in 2016, around 339 million people were suffering from asthma globally. According to the same source, in 2016, around 251 million people were suffering from COPD globally, while around 3.17 million people died due to the same. Such high prevalence of respiratory diseases has led to increasing adoption of oxygen therapy. Oxygen treatment increases the amount of oxygen that flows in the lungs and bloodstream. In COPD, getting more oxygen can help to breathe individuals better and live longer. Hence, such factors are expected to drive growth of the global oxygen therapy market. Furthermore, growing geriatric population and high prevalence of tobacco smoking are expected to propel the global oxygen therapy market growth in the near future.
However, the presence of low-cost alternatives by local manufacturers and strict regulatory framework in product approval is expected to hamper the global oxygen therapy market growth in the near future. Besides, growing emphasis by industry players on emerging markets and increasing use of telemedicine can present lucrative growth opportunities in the global oxygen therapy market. Among regions, North America is expected to witness significant in the global oxygen therapy market. This is owing to high investment in research and development activities across the region. Besides, rising popularity of hyperbaric oxygen therapy is expected to boost the regional market growth in the near future. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to increasing commercialization of oxygen therapy in the region.
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Oxygen Therapy Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Respironics, Inc. (a Philips company), Fisher & Paykel Healthcare Limited, Teleflex Incorporated, Invacare Corporation, AirSep Corporation, CareFusion Corporation, DeVilbiss Healthcare, MAQUET Holding B.V. & Co. KG, and ResMed, Inc.
Main points in Oxygen Therapy Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Oxygen Therapy Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Oxygen Therapy Industry Impact
Chapter 2 Global Oxygen Therapy Competition by Types, Applications, and Top Regions and Countries
2.1 Global Oxygen Therapy (Volume and Value) by Type
2.3 Global Oxygen Therapy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Oxygen Therapy Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Oxygen Therapy Market Analysis
Chapter 6 East Asia Oxygen Therapy Market Analysis
Chapter 7 Europe Oxygen Therapy Market Analysis
Chapter 8 South Asia Oxygen Therapy Market Analysis
Chapter 9 Southeast Asia Oxygen Therapy Market Analysis
Chapter 10 Middle East Oxygen Therapy Market Analysis
Chapter 11 Africa Oxygen Therapy Market Analysis
Chapter 12 Oceania Oxygen Therapy Market Analysis
Chapter 13 South America Oxygen Therapy Market Analysis
Chapter 14 Company Profiles and Key Figures in Oxygen Therapy Business
Chapter 15 Global Oxygen Therapy Market Forecast (2021-2027)
Chapter 16 Conclusions
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