Market Highlights: Oxygen therapy is the administration of oxygen to the patient. Oxygen can be given in a number of ways such as a nasal cannula, inside a hyperbaric chamber, and face mask. It is mostly given in acute conditions, in which tissues such as heart and brain are at risk of oxygen deprivation, and for chronic diseases, which are characterized by sustained low blood oxygen levels. The therapy is given to the patient with breathing disorders and for those who can’t get enough oxygen naturally. The people who receive oxygen therapy often see improved energy levels and sleep, as well as a better quality of life. The market study is being classified, by Application (COPD, Asthma, Sleep Apnea, Respiratory Distress Syndrome (RDS), Cystic Fibrosis, Pneumonia and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Oxygen Therapy are 3M (United States), General Electric Company (United States), Koninklijke Philips N.V. (Netherlands), DeVilbiss Healthcare (United States), Essex Industries, Inc. (United States), Fisher & Paykel Healthcare Limited (New Zealand), Inotec AMD Limited (United Kingdom), Invacare Corporation (United States), VitalAire S.A. (South Africa), O2 CONCEPTS, LLC (United States) and Inogen (United States).
Major Market Development Highlights On 29 Aug 2018, Philips has expanded its Monitoring & Analytics business with the acquisition of Xhale Assurance Inc. The acquisition is expected to broaden and differentiate Philips’ current portfolio of oxygen saturation monitoring solutions and allow the company to expand into a currently underserved clinical segment. On 18 Dec 2018, Inogen, Inc. has announced the commercial launch of Inogen Connect. Inogen Connect is a connectivity platform that comprises of a front-end mobile application for use by oxygen therapy users and a back-end database portal for use by home care providers.
Key Questions Answered in the Report What will the Oxygen Therapy Market size and the growth rate be in Future? What are the key factors driving the Oxygen Therapy Market? What are the key market trends and macro-economic impacting the growth of the Oxygen Therapy Market? What are the challenges to market growth? Who are the key vendors in the Oxygen Therapy Market? What are the market opportunities and threats faced by the vendors in the Oxygen Therapy Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Oxygen Therapy Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Oxygen Therapy market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Oxygen Therapy market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Oxygen Therapy Equipment Manufacturers, Oxygen Therapy Equipment Sub Component Manufacturers, Oxygen Therapy Equipment Traders/Distributors, Oxygen Therapy Equipment Importer/Exporters, Industry Associations, Regulatory Bodies, Government Bodies and Downstream Vendors. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.