Oxygen Therapy Systems Market Scope
Oxygen therapy system provides oxygen at a concentration pressure greater than that is found in the environmental atmosphere. Many biochemical reactions in the body depend on the use of oxygen. Supply of oxygen to the tissues depends on many factors like ventilation, diffusion across alveolar-capillary membrane, haemoglobin, cardiac output, and tissue perfusion. Oxygen therapy system is required for respiratory failure in many conditions like severe asthma, chronic bronchitis, pneumonia, and myocardial infarction, etc.
The market study is being classified by Type (Compressed gas cylinders [Bulk Oxygen, Manifold System], Liquid oxygen [Portable Liquid, Bulk Liquid Oxygen] and Transfilling Oxygen Cylinder), by Application (Respiratory Disorder, Cardiovascular Disease, Pneumonia, Sleep Apnea and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Oxygen Therapy Systems market throughout the predicted period.
GE Healthcare (United States), Hersill (Spain), Philips Respironics, Inc. (United States), De-Vilbiss Healthcare (United States), Smiths Medical (United States), Fisher & Paykel Healthcare Limited (New Zealand), Teleflex Incorporated (United States), Invacare Corporation (United States), VitalAire (Canada) and OxyBand Technologies (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are MAQUET Holding B.V. & Co. KG (Germany), Nidek Medical Products Inc. (United States), O2 CONCEPTS (United States) and Allied Healthcare Products (United States).
AdvanceMarketAnalytics has segmented the market of Global Oxygen Therapy Systems market by Type, Application and Region.
On the basis of geography, the market of Oxygen Therapy Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Device, the sub-segment i.e. Low Flow Devices [Nasal Cannula, Nasal Catheter, Transtracheal Catheter, Simple Mask, Partial Rebreather Mask, Non-Rebreather Mask] will boost the Oxygen Therapy Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Household will boost the Oxygen Therapy Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On March 28, 2019- GE Healthcare and Rockwell Automation are combining their automation, IT and single-use solution expertise to build bioprocessing operations for the digital age. The two companies will help biopharmaceutical companies create flexible and scalable facilities of the future. and On April 30, 2019- Smiths Medical, a leading global medical device manufacturer, announced has partnership with HCA Capital Division to integrate its Medfusion 4000 wireless syringe infusion pumps with HCA’s electronic medical records system (EMR).
- Rising Early Diagnosis of Respiratory Disorders
- Rising Prevalence of Chronic Obstructive Pulmonary Disorder (COPD)
- Increasing Incidence of Respiratory Disorders
- Increasing Focus of Industry Players on Emerging Markets
- Increasing Usage of Telemedicine and Telemonitoring
- Availability of Low-Cost Alternatives by Local Manufacturers
- Nasal Cannula Is Not Appropriate For Patients in Respiratory Distress
Key Target AudienceManufacturers of Oxygen Therapy System, Suppliers of Oxygen Therapy System, Wholesalers, Distributors and Retailers of Oxygen Therapy System, Healthcare Industry, Service Provider of Oxygen Therapy and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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