Demand For Oxygen Source Equipment Is Expected To Rise At A CAGR Of 8% Through 2027

Healthcare

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Oxygen Therapy Equipment Market during the historical period of 2015 – 2021. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2022 – 2027.

According to the report, the Oxygen Therapy Equipment Market is slated to register a CAGR growth of  7.6%,through the considered assessment period owing to several key factors including growing investments in the keyword, rise in the number of research and development projects, favorable regulatory policies and more. The analysts at Fact.MR deploy present-day research techniques while curating the market study and gather data from credible and trusted primary and secondary sources.

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Competitive Landscape

Top companies in the oxygen therapy equipment market put a strong emphasis on extending their global footprint through a variety of tactics, including alliances, collaborations, and partnerships. Market players are emphasizing the development of cutting-edge products that are more precise and efficient.

For instance :

  • In 2021, UNICEF collaborated with the U.K. government and Oxygen CoLab to enhance a reliable oxygen concentrator for use in low-resource settings. This project aims to meet the demand for oxygen in critical care facilities.

Segments of Oxygen Therapy Equipment Industry Research

  • By Product :

    • Oxygen Source Equipment
    • Oxygen Delivery Devices
  • By Portability :

    • Stationary
    • Portable
  • By Application :

    • COPD
    • Asthma
    • Cystic Fibrosis
    • Pneumonia
    • Others
  • By End User :

    • Hospitals
    • Home Care
    • Ambulatory Surgical Centers
    • Physician Offices
    • Others
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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