Medical Oxygen Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Medical Oxygen Systems Market estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 6% over the analysis period 2021-2027.
Medical oxygen systems, such as oxygen concentrators and compressed oxygen cylinders, are primarily used in home care settings, and are favored primarily by elderly patients with reduced mobility and who rely on a stable oxygen supply. Some common chronic medical conditions, such as chronic obstructive pulmonary disease (COPD), chronic bronchitis, emphysema, and the general long-term effects of smoking, require oxygen therapy or supplemental oxygen to get enough oxygen. Different types of oxygen systems are used to deliver a controlled amount of oxygen to a patient.
Market Segments
By Product
- Compressed Medical Oxygen Cylinders
- Medical Oxygen Concentrators
- Medical Liquid Oxygen Systems
By Modality
- Portable Medical Oxygen Systems
- Stationary Medical Oxygen Systems
By End User
- Medical Oxygen Systems for Hospitals
- Medical Oxygen Systems for Emergency Medical Centres
- Medical Oxygen Systems for Ambulatory Surgical Centres
- Medical Oxygen Systems for Home Care Centres
Key Players
- Cryofab Inc
- Respironics, Inc. (Koninklijke Philips N.V.)
- MEDTRONIC
- Atlas Copco
- Terumo Medical Corporation
- Keen Compressed Gas Co
- Inogen Inc
- GF Health Products, Inc.
- Invacare Corporation
Scope of the Report
The research study analyzes the global Medical Oxygen Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Medical Oxygen Systems Market Report
1. What was the Medical Oxygen Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Medical Oxygen Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Medical Oxygen Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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