Growth of Oxygen Therapy Equipment Market Oxygen Therapy Equipment Market
Oxygen Therapy Equipment Market by Product (Oxygen Source
(Concentrator, Cylinder), Delivery Devices), Portability (Stationary,
Portable), Application (COPD, Asthma, Cystic Fibrosis, Pneumonia),
End User (Hospital, Home Care) - Global Forecast to 2022
The Oxygen Therapy Equipment Market is expected to reach USD 4.01 Billion by 2022 from USD
2.65 Billion in 2017, at a CAGR of 8.7% from 2017 to 2022.
According to a new market research report “Oxygen Therapy Equipment Market by Product
(Oxygen Source (Concentrator, Cylinder), Delivery Devices), Portability (Stationary, Portable),
Application (COPD, Asthma, Cystic Fibrosis, Pneumonia), End User (Hospital, Home Care) —
Global Forecast to 2022”, published by MarketsandMarkets™.
Browse 148 market data tables and 46 figures spread through 175 pages and in-depth TOC
on “Oxygen Therapy Equipment Market”
http://www.marketsandmarkets.com/Market-Reports/oxygen-therapy-equipment-market-
118828572.html
Factors driving the growth of this market are the increasing prevalence of respiratory disorders,
rapid growth in the geriatric population, prevalence of tobacco smoking, preference towards
home-based oxygen therapy, and technological advancements to develop novel products
delivering oxygen therapy.
Oxygen source equipment is expected to dominate the market in 2017
On the basis of products, the Oxygen Therapy Equipment Market is segmented into oxygen
source equipment and oxygen delivery devices. The oxygen source equipment segment is
expected to dominate the global Oxygen Therapy Equipment Market in 2017. The increasing
incidence of respiratory disorders and technological advancements to develop smaller, quieter
and more effective equipment are key drivers increasing the demand for oxygen source
equipment.
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