Medical Device Oxygen Conservation Devices Market | Page 2

REPORT DESCRIPTION Oxygen Conservation Devices Market – Overview Oxygen conservation devices are mainly of two types – pneumatic oxygen conservation devices and electronic oxygen conservation devices. Pneumatic oxygen conservation devices use high pressure of oxygen gas and do not require any external power source such as battery, whereas electronic oxygen conservation devices are battery supported. For instance, Invacare’s Invacare Pneumatic Oxygen Conserver is a pneumatic oxygen conservation device, which has an on and off selector knob coupled with liter flow and continuous flow mode. CHAD therapeutics’ Evolution Electronic Oxygen Conserver requires two AA batteries for its functioning. The Invacare has consistent volume delivery whereas Evolution is featured with pulse ranging from 14 to 40 breathes per minute. The key driver propelling the oxygen conservation devices market is increasing population of patients with chronic lung disorder. Moreover, favorable rental policies and reimbursement policies are driving the present oxygen conservation devices market. However, as a medical device, oxygen conservation device market is expected to be restrained by the stringent regulatory policies employed by the regulatory bodies to monitor the efficacy to the device.