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Oxygen Therapy Equipment Market expected to grow at CAGR of 8.7% - Says MarketsAndMarkets

The growing incidence of respiratory diseases, growth in the elderly population, preference towards home-based oxygen therapy, and technological innovations are driving the growth of this Oxygen Therapy Equipment Market.

ID: 1547397
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(businesspress24) - The Global Oxygen Therapy Equipment Market is expected to reach $ 4.01 billion, at a CAGR of 8.7%

The Research report provides a detailed Factors driving the growth of this market are the increasing prevalence of respiratory disorders, rapid growth in the geriatric population, the prevalence of tobacco smoking, preference towards home-based oxygen therapy, and technological advancements to develop novel products delivering oxygen therapy.

Download PDF (Oxygen Therapy Equipment Market): https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118828572

Oxygen Therapy Equipment Market segmentation:


The Major Players Operating in the Oxygen Therapy Equipment Market:

Major industry players launched innovative products in the recent past and have plans to launch new products and expand across geographies via partnerships and acquisitions in the future. Philips Healthcare, Linde Healthcare, and Chart Industries have been identified as the top players in this market.

Key players in the market include Philips Healthcare (Netherlands), Linde Healthcare (Germany), Chart Industries, Inc. (U.S.), Invacare Corporation (U.S.), Becton, Dickinson, and Company (U.S.), Smiths Medical (U.S.), Dr& Co. KGaA (Germany), Teleflex Incorporated (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand), Taiyo Nippon Sanso Corporation (Japan), Inogen, Inc. (U.S.), Heinen + L& Co. KG (Germany), DeVilbiss Healthcare (U.S.)

Geographical Detailed Analysis for Oxygen Therapy Equipment Market:

The Global market is dominated by North America, followed by Europe.

North America will continue to dominate the global market in the forecast period. However, Asia-Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, Japan, and India. Increasing investment in healthcare, increase in healthcare expenditure, growth in disposable incomes, and an increase in healthcare insurance coverage are some factors propelling market growth in the APAC region.



The availability of low-cost substitutes by local manufacturers, rigorous regulatory guidelines causing delays in product approvals, and Medicare reimbursement rate cuts for home oxygen therapy in the U.S. are expected to restrain the market growth to a certain extent.

Read More in Detailed (Oxygen Therapy Equipment):

https://www.marketsandmarkets.com/Market-Reports/oxygen-therapy-equipment-market-118828572.html



More information:
http://https://www.marketsandmarkets.com/Market-Reports/oxygen-therapy-equipment-market-118828572.html



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Company information / Profile:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model — GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1–888–600–6441
Email: sales(at)marketsandmarkets.com



PressContact / Agency:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1–888–600–6441
Email: sales(at)marketsandmarkets.com



published by: gajanan
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Date: 03/06/2019 - 11:52
Language: English
News-ID 1547397
Character count: 3015
Kontakt-Informationen:
Firma: marketsandmarkets
Ansprechpartner: shelly singh Feedback to businesspress24.com about Pressrelease-id:
Stadt: northbrook
Telefon: 18886006441

Meldungsart: Financial
Versandart: send
Freigabedatum: 06.03.2019
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