Global Oxygen Therapy Equipment Market Size, Share, Forecast Report, 2020-2027

The global Oxygen Therapy Equipment market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 8.10% throughout the estimate period from 2020 to 2027.

Oxygen therapy or O2 therapy, is a type of medical intervention aimed at providing extra oxygen to the patients suffering from medical conditions like chronic obstructive pulmonary disease, pneumonia, asthma and others. A number of oxygen therapy devices are available in the market, including oxygen cylinders, oxygen concentrators, and liquid oxygen devices. In recent years, prevalence of the respiratory diseases has increased, generating a huge demand for oxygen therapy. Moreover, rising healthcare expenditure, growing geriatric population and favorable reimbursement policies for the oxygen therapy equipment boosts the market growth during the forecast period. As per the Centers for Medicare & Medicaid Services in 2017, oxygen therapy equipment can be reimbursed up to 36 months of continuous use.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Oxygen Therapy Equipment market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Oxygen Therapy Equipment market growth.

The global Oxygen Therapy Equipment market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

• Philips Healthcare (A Division of Koninklijke Philips N.V.)

• Linde Healthcare (A Division of Linde Group)

• Becton, Dickinson and Company

• Taiyo Nippon Sanso Corporation

• Smiths Medical (A Division of Smiths Group PLC)

• Drägerwerk AG & Co. KGaA

• Teleflex Incorporated

• Invacare Corporation

• Fisher & Paykel Healthcare Corporation Limited

• Allied Healthcare Products Inc.

• Esex Industries, Inc.

• Messer Medical Austria GmbH

• Medicop D.O.O

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Oxygen Therapy Equipment Market, by Product

• Oxygen Source Equipment

o Oxygen Concentrators

 Portable Oxygen Concentrators

 Fixed Oxygen Concentrators

o Liquid Oxygen Devices

o Oxygen Cylinders

• Oxygen Delivery Devices

o Bag Valve Masks

o Non-Rebreather Masks

o Venturi Masks

o Oxygen Masks

o Nasal Cannulas

o Other Devices

Global Oxygen Therapy Equipment Market, by Portability

• Stationary Oxygen Therapy Devices

• Portable Oxygen Therapy Devices

Global Oxygen Therapy Equipment Market, by Application

• Cystic Fibrosis

• Asthma

• COPD

• Pneumonia

• Respiratory Distress Syndrome

• Other Diseases

Global Oxygen Therapy Equipment Market, by End-Users

• Home Care Settings

• Hospitals

• Ambulatory Surgical Centers & Physician Offices

• Others

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America

 U.S.

 Canada

• Europe

 Germany

 U.K.

 Italy

 France

 Rest of EU

• Asia Pacific

 China

 India

 Japan

 Southeast Asia

 Rest of APAC

• Central & South America

 Brazil

 Argentina

 Rest of Central & South America

• Middle East and Africa

 UAE

 Saudi Arabia

 Rest of MEA