DUBLIN--(BUSINESS WIRE)--The "Global Topical Oxygen Therapy Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global topical oxygen therapy market is projected to reach US$ 280.1 million by 2026, expanding at a CAGR of 3.5% from 2018 to 2026.
Rising incidence of chronic wounds specifically in geriatric population suffering with diabetes is one of the major concerns. At present, single-use topical oxygen system is the largest revenue generating segment owing to the low risk of cross-contamination, user-friendly design, and availability of huge options to select based on the application. Single-use adhesive patch system is the fastest growing product segment, due to portable use, high patient compatibility, improved efficiency and no contamination.
According to the World Alliance for Wound and Lymphedema Care (WAWLS), between five to seven million chronic and/or complex wounds occur every year in North America. The common wounds were pressure ulcers (21%), leg/foot (28%), and surgical/trauma (48%).
The global topical oxygen therapy market is segmented into products and application. The products studied in this report are sub-segmented into single-use topical oxygen system, single-use adhesive patch system, reusable topical oxygen system, and transdermal continuous oxygen therapy.
Additionally, the applications studied in this report is bifurcated into chronic and acute wounds; further, chronic wounds are sub-segmented into diabetic ulcers, venous ulcers, and pressure ulcers. The acute wound is sub-segmented into post amputation, burn care, post-surgical, skin grafts, and trauma injuries. Rising incidence of chronic wounds would additionally boost the topical oxygen therapy market.
Key Market Movements
- Rising incidence of chronic wounds and growing diabetic population
- Advancement in the technology of oxygen therapy devices and evolution of advanced wound management products
Key Topics Covered
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Topical Oxygen Therapy Market Overview, 2016-2026 (US$ Mn)
Chapter 4. Global Topical Oxygen Therapy Market, by Product Type, 2016-2026 (US$ Mn)
Chapter 5. Global Topical Oxygen Therapy Market, by Application Type, 2016-2026 (US$ Mn)
Chapter 6. Global Topical Oxygen Therapy Market, by Geography, 2016-2026 (US$ Mn)
Chapter 7. Company Profiles
- AOTI, Inc.
- OxyCare GmbH
- GWR Medical, Inc.
- Inotec AMD Ltd.
- OxyBand Technologies, Inc.
- SastoMed GmbH
For more information about this report visit https://www.researchandmarkets.com/research/9s33tv/topical_oxygen?w=4