Global High Flow Oxygen Therapy Devices Industry Anticipates Positive Growth between 2022-2028
Posted On February 25, 2022
According to Value Market Research's published market analysis, the Global High Flow Oxygen Therapy Devices Market is foreseen to register steady growth between 2022 and 2028. As the prevalence of community respiratory illness rises due to the introduction of novel or mutant viral and bacterial diseases, demand for oxygen therapy devices is projected to grow. The increased frequency of hospital-acquired respiratory disorders is projected to enhance market expansion. Furthermore, rising investments by key players in developing improved products that are easy to use and provide comfort to customers are expected to drive the market for high-flow oxygen treatment devices forward. However, the entire high cost of oxygen therapy, from hospitalisation to post-discharge care, will undoubtedly limit market expansion.
The two most prevalent types of oxygen therapy are low flow oxygen therapy and high flow oxygen therapy. High-flow oxygen therapy is respiratory support that is usually combined with compressed air and humidity control. The increased flow oxygen therapy approach relies on oxygen source and oxygendelivery equipment, which consists of numerous devices, to provide regulated but high flow oxygen therapy. The oxygen is combined with mixed air via a venturi mask, resulting in high-flow oxygen enhanced with the desired concentration. A high-flow nasal cannula is a relatively new approach for surgeries requiring direct nasal action. The air blender offers high-quality delivery regardless of the patient's inspiratory demands. These are some of the most well-known current high-flow oxygen therapy equipment.
The report titled "Global High Flow Oxygen Therapy Devices Market Report By Key Product Type (Oxygen Source Equipment, Oxygen Cylinders, Oxygen Concentrators, Liquid Oxygen Devices, PAP Devices, Oxygen Delivery Devices, Oxygen Masks, Nasal Cannula, Venturi Masks, Others), By End Users (Hospitals, Home Healthcare, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" starts with the market introduction, key market statistics, and ends with regional revenue/or volume analysis and competitor analysis. The report analyses the past years' trends and deeply studies the geopolitical trends, thus authenticating the research findings and making them more reliable.
Market segmentation is based on:
Key Product Type, the market is split into Subsegments: Oxygen Source Equipment, Oxygen Cylinders, Oxygen Concentrators, Liquid Oxygen Devices, PAP Devices, Oxygen Delivery Devices, Oxygen Masks, Nasal Cannula, Venturi Masks, Others.
End Users, the High Flow Oxygen Therapy Devices market is split into Subsegments: Hospitals, Home Healthcare, Others.
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.
Players Profiled In the Report:
Invacare Corporation, CareFusion Corporation, Smiths Medical,., Fisher & Paykel Healthcare Limited, Philips Respironics Inc., DeVillbiss Healthcare, Tecno-Gaz Industries, Allied Healthcare Products, Inc., GE Healthcare, Teleflex Incorporated and MAQUET Medical Systems.
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