The Oxygen Therapy Equipment market research report significantly contemplates the medical device market to give important and solid conjecture estimation that drives the key market player to get extensive market situation for upcoming future. This report encourages manufacturers and authorities with analysis dependent on upcoming speculation openings, difficulties, dangers, and prompts them to accurately design their future exercises. The report further clarifies the execution of the medical device market from the most recent five years. It additionally features the benefit making business systems of the contender, which incorporate late acquisitions, mergers, item dispatches, and every special movement.
The Oxygen Therapy Equipment report underscores an intensive analysis dependent on driving that portrays how the vigorous contenders perform in the market? What are their qualities and shortcomings? What drives them to achieve their objective clients? Contender’s nitty gritty profiles incorporate corporate administration, hierarchical structure, successful assembling procedure, creation cost, and estimating structure contained in the report. Besides, contender’s money related details, for example, income model, esteem chain, deals volume, overall revenues, and CAGR are additionally evaluated in this report.
Analysis: Oxygen Therapy Equipment Market
The Global Oxygen Therapy Equipment Market accounted to USD 2.61 billion in 2016 growing at a CAGR of 9.0%during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers and Restraints:
Increasing prevalence of respiratory disorders,
Rise in geriatric population
Growth in technological advancement
Increase prevalence of tobacco smoking
Segmentation: Oxygen Therapy Equipment Market
On the basis of product, global oxygen therapy equipment market is segmented into oxygen source and delivery devices. Oxygen source is further segmented into concentrator and cylinder. Oxygen source equipment is expected to dominate the market in the forecast period 2017-2024 due to increasing incidence of respiratory disorders and technological advancements.
On the basis of portability, global oxygen therapy equipment market is segmented into stationary and portable.Stationary devices segment is expected to account the largest market in the forecast period due to respiratory disorders and increasing geriatric population.
On the basis of application,global oxygen therapy equipment market is segmented into chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis and pneumonia.
On the basis of end user,global oxygen therapy equipment market is segmented into hospital and home care.
On the basis of geography, global oxygen therapy equipment market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis: Oxygen Therapy Equipment Market
The global oxygen therapy equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes continuous manufacturing market shares for global, Europe, North America, Asia Pacific, and South America.
Major Market Competitors: Oxygen Therapy Equipment Market
Some of the major players operating in global oxygen therapy equipment market are Linde Healthcare (Germany),Invacare Corporation (U.S.),Philips Healthcare (Netherlands),Chart Industries, Inc. (U.S.),Becton, Dickinson and Company (U.S.),Teleflex Incorporated (U.S.),Smiths Medical (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand),Drägerwerk AG & Co. KGaA (Germany),Inogen, Inc. (U.S.),Messer Medical Austria GmbH (Germany),HERSILL, S.L. (Spain),GCE Holding AB (Sweden),Allied Healthcare Products Inc. (U.S.),Respan Products Inc. (Canada), and DeVilbiss Healthcare (U.S.) among others.
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