Oxygen Therapy Device Leading Key Drivers Growth Aspects and Treatment Analysis
- sagar joshi
- Jun 13, 2019
- 2 min read
Oxygen Therapy Device Market Synopsis
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.
The global market of oxygen therapy device is growing fast because of the rising prevalence of lung, respiratory, heart and other diseases. The number is growing across the world because of the changing lifestyle.
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. The increasing prevalence of respiratory diseases is considered to favour the market growth throughout the assessment period.
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.
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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.
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