The Oxygen Therapy Equipment Market is expected to reach USD 4.01 Billion, at a CAGR of 8.7% during the forecast period.
Factors driving the growth of this market are the increasing prevalence of respiratory disorders, rapid growth in the geriatric population, prevalence of tobacco smoking, preference towards home-based oxygen therapy, and technological advancements to develop novel products delivering oxygen therapy.
The objectives of this study are as follows:
- To define, describe, and forecast the market on the basis of product, portability, application, end user, and region
- To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, and opportunities)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
Browse 148 market data tables and 46 figures spread through 175 pages and in-depth TOC – Request Research Sample Pages:
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Market Segmentation in Depth:
On the basis of products, the oxygen therapy equipment market is segmented into oxygen source equipment and oxygen delivery devices. The oxygen source equipment segment is expected to dominate the global oxygen therapy equipment market in 2017. The increasing incidence of respiratory disorders and technological advancements to develop smaller, quieter and more effective equipment are key drivers increasing the demand for oxygen source equipment.
The oxygen therapy equipment market is segmented by portability into stationary devices and portable devices. In 2017, the stationary devices segment is expected to account for the largest share of the oxygen therapy equipment market, by portability. Severe complications in patients suffering from respiratory disorders and the increasing proportion of geriatric population across the globe are major drivers for the growth of this segment.
Major Market Growth Drivers:
- Increasing Prevalence of Respiratory Disorders
- Shift From Traditional Cylinders to Portable Concentrators
- Preference Towards Home-Based Oxygen Therapy
- Technological Advancements
- Early Diagnosis of Respiratory Disorders is Increasing the Demand for Oxygen Therapy
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Geographical Regions Mapped in Report:
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.
Maior Key Players Mapped in Research Report:
Key players in the oxygen therapy equipment 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.), Drägerwerk AG & Co. KGaA (Germany), Teleflex Incorporated (U.S.), Fisher & Paykel Healthcare Corporation Limited (New Zealand), Taiyo Nippon Sanso Corporation (Japan), Inogen, Inc. (U.S.), Heinen + Löwenstein GmbH & Co. KG (Germany)
The market growth can be attributed to the robust growth in applied markets, the favorable regulatory scenario, and growing focus on the quality of food products.
In addition, emerging economies (such as Brazil, Russia, India, South Korea, and China) are expected to offer lucrative growth opportunities for market players.
However, the high cost and technical limitations of particle counters are adversely impacting the growth of this market.
According to the new market research report "Particle Counter Market by Type (Airborne, Liquid), Application (Cleanroom Monitoring, Contamination Monitoring of Liquids, IAQM), End User (Life Sciences & Medical Devices, Semiconductor, Automotive), Region - Global Forecast to 2024", published by MarketsandMarkets™, the market is projected to grow at a CAGR of 11.0% during the forecast period, to reach USD 580 million by 2024 from USD 340 million in 2019.
This study involved the extensive use of both primary and secondary sources.
The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.
Phototherapy Equipment Market by Type (Long lamp, CFL, LED, Fiber optic), Application (Skin diseases (psoriasis, vitiligo, eczema), Neonatal Jaundice), End-user, Geography (North America (USA, Canada), Europe, Asia-Pacific) - Global Forecast to 2021 MarketsandMarkets: The phototherapy equipment market is projected to reach USD 583.4 million by 2021 from USD 468.2 million in 2016, at a CAGR of 4.5%.
Growth in the phototherapy equipment market is mainly driven by rising incidences of neonatal jaundice in both developed and developing markets, rising number of people suffering from skin diseases, inflow of technologically advanced products, and rising adoption of LED-based phototherapy equipment.
Request Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=174360683 Conventional Phototherapy Equipment type segment to dominate the overall phototherapy equipment market in 2016 Based on type, phototherapy equipment is classified into conventional, LED, and fiberoptic phototherapy equipment.
Conventional phototherapy equipment are further classified in two segments on the basis of type of lamp installed—equipment with fluorescent lamps and equipment with compact fluorescent lamps.Conventional phototherapy equipment segment is expected to account for the largest share in the phototherapy equipment market in 2016.
The significant market share of conventional phototherapy equipment segment can primarily be attributed to factors such as high prevalence of photo-responsive skin diseases such as psoriasis, vitiligo, eczema, and acne, long-term market presence and established clinical safety and efficacy prolife of these equipment, coupled with the expanding patient population base.
Get Free 10% Customization on Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=174360683 The neonatal jaundice management segment is estimated to hold the largest share of the global phototherapy equipment market owing to the huge neonate patient pool for jaundice, high cost and risk associated with exchange transfusion treatment, use of phototherapy as the primary treatment for neonatal jaundice, and positive reimbursement scenario in developed countries.
Distinctive market improvement activities and business methodologies utilized by industry players to beat macroeconomic conditions, including new thing/organization progression, joint undertakings, associations, unions and acquisitions, and so forth, are referred to in the report.
The association profiles for the Worldwide Ophthalmic Occluder Market contain a business diagram, thing/organization commitments, SWOT Analysis, part and full scale pay, gross edge, and percent piece of the general business.To clarify the moving toward adventure pockets, the assessment recalls for significance examination, most recent things, and future guesses of the Ophthalmic Occluder Market.
The parts that drive and limit the advancement of the Ophthalmic Occluder Market are altogether reviewed.
Porter’s Five Forces study complements the power of buyers and suppliers in aiding accomplices in making fundamental business decisions and choosing the level of industry force.
Expansive assessments of key mechanical areas help in understanding the different sorts of things and advances used in different bits of the world.In light of districts, the Ophthalmic Occluder Market report covers the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a piece of the Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as an element of South America.Get a Sample Copy of the Report to understand the structure of the complete reporthttps://www.oneupbusinessinsights.com/request_sample.php?tname=316848Top key players: Gulden Ophthalmics, Good-Lite, Blundell Harling, Precision Vision, GOLGATHA company, and Elbee Medical DevicesSegmentation of Ophthalmic Occluder Market:Product Type CoveragePlasticAlloyApplication CoverageHospitalClinicOtherOphthalmic Occluder Market: Regional Segment AnalysisMore Information:The report includes :1.)
The Asia Ophthalmic Occluder Market;3.)
Many organisations provide Australia and New Zealand Custom Procedure Trays and Packs.
Botox, facelifts, laser hair removal, rhinoplasty, and a variety of other cosmetic treatments are all performed with these trays.
The major purpose of these trays is to keep the skin safe while the treatment is being performed.
They do, however, differ in terms of style.
Some are small and sleek, while others are big and cartoonish in appearance.These Australia and New Zealand Custom Procedure Trays and Packs may usually be bought online.
They can be bought with particular instructions and information about the procedures that can be performed on them.During a procedure, custom trays are utilised to retain materials under the patient's teeth.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global smoke evacuation systems market was worth USD 114.3 million in the year 2020.
The data generated by the study revealed the market is estimated to grow at a CAGR of 6.5%, earning revenue of around USD 176.5 million by the end of 2027.
Smoke evacuation systems are in high demand due to the increase in surgical procedures and the increasing use of heat-generating medical devices and equipment.
However, the growth is still limited in emerging economies such as India, Japan, China, etc.
Countries like South Korea and China are becoming hubs for cosmetic and dermatologic surgeries, which means the local industry, as well as global players, are exposed to enormous opportunities to become the leading smoke evacuation systems manufacturer.Recommendation by Government and Professional OrganizationsMany government and professional organizations are making recommendations for the efficient use of medical equipment and devices while also ensuring the safety of healthcare professionals and hospital staff.
For instance, Occupational Safety and Health Organization (OSHA) recommends the adoption of smoke evacuation systems for ensuring maximum safety at the surgical sites.Global Smoke Evacuation Systems Market - By End-UserBased on end-users, the global smoke evacuation systems market is segmented into hospitals, ambulatory surgery centers, cosmetic surgery centers, dental clinics, and veterinary healthcare providers.
