Oxygen Therapy Market | United States | 2018-2024 | MedCore
- Year: 2019
- Scope: 2015-2025
- Region: United States
- Pages: 361
- Type: MedCore
In addition to generating unit sales growth, advancements in technology are set to shift preferences away from oxygen cylinders and bulky stationary equipment, towards portable devices. While transfilling devices and concentrators are similar in terms of ASP, cylinders, regulators and conserver components are less expensive, which might force the overall ASP of the market down.
The regular and continual administration of medical oxygen, also known as oxygen therapy, is used to treat a wide variety of chronic medical conditions, including cancer, cystic fibrosis and chronic obstructive pulmonary disease (COPD). Generally, these devices are used to treat patients who are no longer able to receive adequate volumes of oxygen through breathing natural air and who require higher concentrations of oxygen. COPD includes chronic obstructive bronchitis and emphysema, and it affects nearly 10% of adults in the United States. The number of patients on oxygen therapy is expected to increase significantly as the population ages and members of the 50-to-75 age demographic, who were often smokers in their youth, develop emphysema and related conditions. It is estimated that 80% to 90% of the patients on oxygen therapy are or were once smokers.
Segments Covered in This Market
- Oxygen Concentrator Market
- Transfilling Device Market
- Aluminum Medical Oxygen Cylinder Market
- Medical Oxygen Regulator Home Care Market
- Oxygen Conserver
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Of the many companies in the United States Oxygen Therapy market, CAIRE was the leader, followed by Philips and Invacare. CAIRE is well-known for pioneering portable oxygen concentrators under the AirSep brand, and for being the first to gain approval from the Federal Aviation Administration (FAA) for their portable concentrator. For oxygen therapy devices, Philips offers a range of stationary and portable concentrators. Invacare aims to cater to the growing home care market, which offers patients more freedom in terms of economic costs and lifestyle.
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This MedCore is also found in the full report suite titled United States Market Report Suite for Anestheisa, Respiratory and Sleep Management – MedSuite
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