Global Oxygen Therapy Device Market 2019

1. Oxygen Therapy Device Market Grow by Changing Lifestyle, Worldwide Pollution and Respiratory Diseases Market Synopsis Market Research Future postulates that the global oxygen therapy device market is predicted to garner USD 15 billion grabbing a CAGR of 12% during the forecast period (2017-2023). The increasing prevalence of respiratory diseases is considered to favour the market growth throughout the assessment period. Oxygen therapy is referred to as the use of oxygen as medical intervention in order to maintain enough oxygen in conditions like hypoxemia, hypoxia, and other conditions. Oxygen is generally administered with the help of a face mask, nasal cannula, or through hyperbaric oxygen chamber. With this therapy, the level of oxygen in the blood is maintained for the treatment of acute and chronic diseases like pneumonia, chronic obstructive diseases (COPD), and asthma. Oxygen therapy is effective in conditions including dysplasia, cystic fibrosis, sleep apnea, heart failure, and lung disorders. Industry Updates February 05, 2019: A National Health Service hospital trust in the U.K has reduced home visits by introducing an AI-enabled wearable platform which remotely monitors the patients. With the advent of this technology, hospital staff home visits were declined, thus freeing up more time for the nurses. Avail Free Sample Copy at https://www.marketresearchfuture.com/sample_request/2923 Market Potential and Pitfalls With the increasing incidences of respiratory, lung, heart, and other diseases, the global market for oxygen therapy device is presumed to flourish throughout the estimated period. Owing to changing lifestyle, people across the world are suffering from such respiratory diseases. Oxygen therapy is beneficial for patients suffering from heart diseases, asthma, lung diseases, sleeping apnea, COPD, and other respiratory issues as it enhances breathing power and the patients can stay active and fit for a longer period. Oxygen therapy is also beneficial for children suffering from chronic lung conditions. Symptoms such as headache, weakness, irritability, and fatigue are reduced with the help of this therapy. With the increasing popularity of on-demand Portable Oxygen Concentrators (POC) in applications such as emergency medicine, the demand for oxygen therapy devices is estimated to trigger. The growth is credited to the global competitors entering the market, clinical urgency for greater mobility, and high demand for portable technology by the consumers. Additional factors gearing up the market are the introduction of technologically advanced delivery devices and MARKET RESEARCH FUTURE

2. oxygen source which provides efficient patient care. Such advancements comprise sensors and conjunction of delivery devices with pulse dosemeters and flow regulating devices. On the flip side, the high price associated with the oxygen therapy devices is considered to be a major concern inhibiting the market growth throughout the assessment period. Global Oxygen Therapy Device Market: Segmental Analysis The global oxygen therapy device market has been segmented on the basis of types, application, and end-users. By mode of types, the global oxygen therapy device market has been segmented into incubators, non-rebreather mask, liquid oxygen device, continuous positive airway pressure, nasal cannula, hyperbaric oxygen chamber, concentrators, cylinder, and oximeter. By mode of application, the global oxygen therapy device market has been segmented into heart diseases, hypoxaemia, lung diseases, sleeping apnea, respiratory issues, chronic obstructive pulmonary diseases (COPD), and others. Among these, the COPD segment is considered to dominate the global market due to the increasing prevalence of COPD. With the increasing prevalence of COPD, the clinical urgency for the treatment is increasing, thus contributing to the business expansion. By mode of end-users, the global oxygen therapy device market has been segmented into clinics, hospitals, and patients. Among these, the hospitals and clinics are likely to expand at a steady pace and are expected to retain its dominance. Technologically advanced equipment are extensively used in hospitals to improve the point of care, thereby contributing to the market growth. Competitive Dashboard The prominent players operating the global oxygen therapy devices market are Devilbiss Healthcare, Phillips healthcare, Respironics, Cardinal Healthcare, Masimo Corporation, Salter Labs, Teflex, CareFusion, Fisher & Paykel Healthcare Limited, Bio Med, O2 Concepts, Inogen, Medtronic, Smith medicals, 3M Healthcare, 3B Medical, and others. Brows Complete Premium Research at https://www.marketresearchfuture.com/reports/oxygen- therapy-device-market-2923 Regional Insights Geographically, the oxygen therapy device market spans across regions namely, Europe, America, Asia Pacific, and the Rest-of-the-World (RoW). Among all the regions, the American region is considered to dominate the global oxygen therapy devices market and is likely to retain its dominance throughout the estimated period. North America occupies the largest market share in this region due to the high R&D activities coupled with trials pertaining to oxygen therapy. Additionally, the augmenting popularity topical wound oxygen therapy and hyperbaric oxygen therapy is highly contributing to the market growth in this region. Also, MARKET RESEARCH FUTURE

3. occupational hazards and urbanization pose a risk of respiratory disorders which is highly influencing the market growth in this region. The Asia Pacific region is predicted to witness an exponential growth rate owing to the high R&D activities by the global players coupled with the growing commercialization of O2 therapy equipment. Table of Contents 1 Report Prologue 2 Market Introduction 2.1 Introduction 2.2 Scope Of Study 2.3 Research Objective 2.4 Assumptions & Limitations 2.4.1 Assumptions 2.4.2 Limitations 3 Research Methodology 3.1 Research Process 3.2 Primary Research 3.3 Secondary Research 4 Market Dynamics 4.1 Drivers 4.1.1 Improving Medical Device Regulation 4.1.2 Growing Incidence Number Of Contagious And Non-Contagious Diseases 4.1.3 Increasing Prevalence Of Diabetes 4.1.4 Increasing Inclination Towards Home Healthcare 4.2 Restrains 4.2.1 Risk Associated With Blood Transfusion 5 Market Factor Analysis 5.1 Porter’s Five Forces Model MARKET RESEARCH FUTURE

4. 5.1.1 Bargaining Power Of Suppliers …Continued Get connected with Expert at https://www.marketresearchfuture.com/enquiry/2923 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com MARKET RESEARCH FUTURE