Press release
Oxygen Conserving Devices Market Value to Surpass US$ 261 Mn by 2027, as per TMR Report
The global ๐จ๐ฑ๐ฒ๐ ๐๐ง ๐๐จ๐ง๐ฌ๐๐ซ๐ฏ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ, valued at around US$ 164 million in 2018, is expected to grow moderate CAGR of 5% to reach value of US$ 261 Mnย from 2019 to 2027. Factors driving this growth include increasing incidences of COPD diseases, technological advancements in oxygen conservers, and the rise in the geriatric population.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70080&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
Oxygen conserving devices regulate oxygen flow from tanks to patients, providing supplemental oxygen to manage conditions like hypoxemia resulting from chronic respiratory diseases. These devices optimize oxygen use by delivering it based on demand pulses or fixed pulses triggered by the patient's breathing. There are two types: fixed pulse type, delivering a preset volume of oxygen, and demand pulse type, delivering oxygen when the patient inhales. Technological advancements have led to the development of portable, lightweight oxygen conservers suitable for pediatric and adult patients.
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Inogen Inc.,GCE Group,Precision Medical, Inc,Drive DeVilbiss International,Medline Industries, Inc.,Graham-Field Health Products,Inovo, Inc,Essex Industries,Krober Medizintechnik
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product Type
Oxygen Conserver
Electronicย OCD
Pneumatic OCD
Disposable OCD
Others
Oxygen Conserver Parts & Accessories
Indication
Chronic Bronchitis
Emphysema
Sleep Apnea
Others
End User
Hospitals
Homecare
Others
๐๐ฑ๐ฒ๐ ๐๐ง ๐๐จ๐ง๐ฌ๐๐ซ๐ฏ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ ๐๐ฎ๐ข๐ญ๐๐๐ฅ๐ ๐๐ฅ๐ญ๐๐ซ๐ง๐๐ญ๐ข๐ฏ๐ ๐๐จ๐ซ ๐๐จ๐ง๐ฏ๐๐ง๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฑ๐ฒ๐ ๐๐ง ๐๐ก๐๐ซ๐๐ฉ๐ฒ
Conventional home oxygen therapy, which uses low-flow oxygen delivered continuously through a nasal cannula, is inefficient as oxygen is wasted during expiration and late inhalation. To address this, pulsed oxygen delivery systems integrate various oxygen sources like liquid oxygen and battery-powered concentrators with oxygen conserving devices. These systems optimize oxygen delivery, making them highly effective for various breathing behaviors, as shown by multiple studies and clinical trials.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
Drivers:
Increasing prevalence of respiratory diseases, technological advancements in oxygen delivery systems, rising demand for home-based healthcare solutions.
Challenges:
Stringent regulatory requirements, limited reimbursement coverage in developing regions, and the high cost associated with advanced oxygen conserving devices.
๐๐ซ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฉ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=70080<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Growing preference for portable oxygen concentrators over traditional oxygen cylinders.
Integration of smart technology for remote monitoring and data collection.
Rising adoption of telehealth services for remote patient monitoring and consultation.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the oxygen conserving devices market looks promising, with continued innovation and expansion into emerging markets. The adoption of advanced oxygen delivery systems, coupled with the growing emphasis on home-based healthcare solutions, is expected to drive market growth in the coming years.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Assessment of market dynamics, including drivers, challenges, and trends.
Analysis of market segmentation by service type, sourcing type, application, industry vertical, and region.
Evaluation of regional market dynamics and growth opportunities.
Identification of key market players, their product portfolios, and recent developments.
Forecasting market size and growth potential for the period 2024-2032.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐ ๐๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621840/0/en/PVC-Emulsion-Market-Value-to-Reach-US-5-1-Bn-by-2031-As-per-TMR-Report.html
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ฐ๐๐ซ ๐๐ญ๐๐๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/07/2621639/0/en/Automotive-Electric-Power-Steering-Market-Value-to-Reach-US-43-0-Bn-by-2031-as-per-TMR-Report.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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