DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Oxygen Therapy Equipment Market by Product, Portability, Application & End User - Global Forecast to 2022" report to their offering.
The global oxygen therapy equipment market is expected to reach USD 4.01 billion by 2022, at a CAGR of 8.7% from 2017 to 2022.
The major factors driving this market are the rising incidence of respiratory disorders, growing geriatric population, high proportion of tobacco smoking, inclination towards home-based oxygen therapy, and technical innovations. On the other hand, the growth of this market is hindered to some extent due to the accessibility of low-cost alternates by local manufacturers, strict regulatory guidelines causing delays in product approvals, and Medicare reimbursement rate cuts for home oxygen therapy in the U.S.
The oxygen therapy equipment market is classified on the basis of products into oxygen source equipment and oxygen delivery devices. The oxygen source equipment segment is expected to grow at a higher rate during the forecast period. This is attributed to the industry players developing innovative products which are small, quiet, and effective leading to higher acceptance from consumers.
- Becton, Dickinson and Company
- Chart Industries, Inc.
- Drägerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare Corporation Limited
- Inogen, Inc.
- Invacare Corporation
- Linde Healthcare (A Division of Linde Group)
- Philips Healthcare (A Division of Koninklijke Philips N.V.)
- Smiths Medical (A Division of Smiths Group PLC)
- Taiyo Nippon Sanso Corporation
- Teleflex Incorporated
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Oxygen Therapy Equipment Market, By Product
7 Global Oxygen Therapy Equipment Market, By Portability
8 Global Oxygen Therapy Equipment Market, By Application
9 Global Oxygen Therapy Equipment Market, By End User
10 Global Oxygen Therapy Equipment Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Key Innovators
For more information about this report visit http://www.researchandmarkets.com/research/k7gqc7/oxygen_therapy