Oxygen Therapy Equipment Market 9.17% CAGR by 2022 Gradual Transition Towards Oxygen Concentrators
PUNE, India, October 10, 2017 /PRNewswire/ --
Global Oxygen Therapy Equipment Market Analysis By Product, Portability, Application, Region, Country: Opportunities and Forecast (2017-2022) latest report says the market of oxygen therapy equipment has witnessed moderate growth of ~ 7.7% globally in the period 2012-2017 and amounted to USD 2.23 billion in the year 2017 according to ReportsnReports.com.
Browse 22 Tables and 131 Figures, 10 Company Profiles, spread across 230 pages available at http://www.reportsnreports.com/reports/1205695-global-oxygen-therapy-equipment-market-analysis-by-product-portability-application-region-country-opportunities-and-forecast-2017-2022-by-product-oxygen-concentrators-liquid-oxygen-devices-and-oxygen-syndrome.html .
The segment of oxygen concentrators has developed at a noteworthy rate since its institution in the medical industry. On account of growing air pollution, particularly in developing countries including China, India, Brazil, etc., incidences of COPD, Acute Asthma and other inveterate respiratory diseases has been on the rise. Amongst the regions, North America accounts for the largest regional share in the global oxygen therapy equipment market in 2016. Emerging nations in Asia Pacific region such as China and India displayed a lot of potential and is anticipated to be one of the fastest growing region in the forecast period.
Key factors driving the robust growth rate of APAC region include precarious levels of air pollution, increase in per capita expenditure on healthcare coupled with large patient pool. In the recent years, medical device manufacturers such as DeVilbiss Healthcare, Philips Respironics, Fisher & Paykel Healthcare, Invacare Corporation, Chart Industries amongst others, have dedicated themselves in developing oxygen therapy solutions that can provide medical grade oxygen with high efficiency while ensuring maximum comfort to the patients.
According to report "Global Oxygen Therapy Equipment Market Analysis By Product, Portability, Application, Region, Country: Opportunities and Forecast (20172022) By Product (Oxygen Concentrators, Liquid Oxygen Devices and Oxygen Cylinders), By Portability (Stationary, Portable Devices), By Application (COPD, Asthma, Cystic Fibrosis, Respiratory Distress Syndrome)", global market is projected to display a robust growth represented by a CAGR of 9.17% during 2017 - 2022, driven by increasing urbanization and rising levels of air pollution. Buy copy of report at http://www.reportsnreports.com/purchase.aspx?name=1205695.
Scope of the Global Oxygen Therapy Equipment Market Report
Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Regional Markets - North America, Europe, APAC and Rest of the World (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Country Analysis - US, Canada, France, Germany, China, Japan, India, Brazil and Saudi Arabia (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Other Report Highlights: Market Dynamics - Drivers and Restraints, Market Trends, SWOT Analysis, Porter Five Force Analysis, Supply Chain Analysis, Competitive Landscape, Product Benchmarking of key industry players, Company Share Analysis, Recent Approvals of key industry players, Product Specifications, Mergers and Acquisitions, Pricing Analysis, Policy and Regulatory Landscape.
Companies Analysis: Inogen, Inc., Invacare Corporation, ResMed, Chart Industries, VitalAire, Philips Respironics, Inc., Fisher & Paykel Healthcare, Essex Industries, DeVilbiss Healthcare, Nidek Medical.
Related Report:
Similar research titled " Global Medical Oxygen Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2022 " describes Medical Oxygen Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force. It also analyses the top manufacturers of Medical Oxygen Systems, with sales, revenue, and price of Medical Oxygen Systems, in 2016 and 2017. And also shows the global market by regions, with sales, revenue and market share of Medical Oxygen Systems, for each region, from 2012 to 2017. It shows the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017. The report provides Medical Oxygen Systems market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022. In the end it also describes Medical Oxygen Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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