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Find Out What are the Important Factors Boosting the Demand of Global Oxygen Therapy Market 2021 - 2029 - A Report by Absolute Markets Insights

Published On 20 Aug 2021 10:04 AM


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As per newly released report from Absolute Market Insights (AMI), the global oxygen therapy market is expected to grow at a CAGR of 12.45%, owing to many factors such increasing incidences of chronic respiratory diseases and global disease burden amongst others.

Rising Prevalence of Chronic Respiratory Diseases

Chronic obstructive pulmonary diseases (COPD) are diseases associated with air pathways and structures of lungs. COPD term includes progressive lung diseases that lead to increased breathlessness. Chronic bronchitis, asthma and pulmonary emphysema are most common type of COPD. According to the statistics suggested by World health organization it is the third leading cause of death worldwide. There are various risk factors associated with causes of COPD such as air pollution, chemicals, dust and frequent respiratory infection at an early age. Approximately 85-90% of all COPDs are caused by smoking. Chronic respiratory diseases are not curable however various types of treatment that help dilate major air passages and improve shortness of breath are helping to control the symptoms, enabling for a better quality of life for people suffering from these disease. Oxygen is found in air that we breathe, it is necessary for human life. The person with breathing disorders do not get enough oxygen naturally. Thus, these people may need supplemental oxygen or oxygen therapy. This is owing to issues with lung conditions that prevent the lungs from absorbing oxygen. This is driving the demand of oxygen therapy market.

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There are different therapies that can be used to treat these conditions. It includes oxygen gas, liquid gas, oxygen concentrations and hyperbaric oxygen therapy.  Oxygen gas can be stored in portable tank along with a larger stationary concentrator used within home. It is delivered in pulses not continuously. Liquid oxygen is stored in portable tank which is highly concentrated in nature. This is helpful for people who are active in their daily routines. Oxygen concentrators is a device which takes oxygen from the room, concentrates it for thereuptic use. The device removes other naturally occurring gases. Hyperbaric oxygen therapy is used to treat wounds, serious infections or bubbles in blood vessels. The therapy is carried out in a pressurized room or chamber where the pressure is increased to three to four times which increases the amount of oxygen delivered to the body’s tissue. These therapies are extremely beneficial for people who frequently experience low oxygen levels, which is increasing the demand of oxygen therapy market. Regular utilization of oxygen therapy enables people to be more active and mobile in their daily routine task. This therapy can also help children who have chronic lung conditions. It also minimizes the symptoms such as headaches, irritability, fatigue and swollen ankles which is caused by low oxygen levels and behavioral changes or other problems.

Rising Cases of Asthma

Asthma is a chronic respiratory condition. There is inflammation in airways making the passageways to your lungs very difficult which eventually causes breathing problem. Breathing becomes strained and any air trying to flow through the system leads to wheezing, coughing and makes it hard for people to catch breath. This lack of supply of oxygen to brain and body can cause serious long term effects. The risk factors include airborne substances like pollen and pet dander, dust particles and many others. The other factors like cold air, allergies to some food items and medicines can provoke asthma symptoms. The patients who experience frequent asthma attacks are prescribed with the treatment of oxygen therapy. Doctors recommend oxygen therapy if asthma is severe as it requires a major lifestyle adjustment. Asthma weakens lungs and to combat the lack of oxygen, oxygen therapy provides lungs with extra oxygen, thus aiding for the global oxygen therapy market growth. It is a convenient option for patients suffering from asthma. It makes breathing easy by opening airways. It also reduces the negative drain on health due to loosing of oxygen.

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There are options available for treating asthma including portable oxygen concentrators. These are lightweight compact devices and are mobile. It is a very feasible option due to its compactness and mobility. Home oxygen concentrators are mostly used by the patients who stay at home. It eliminates the need to visit the hospital every time a person experience asthma. Oxygen concentrators don’t require filter change and do not need to be refilled. It works by taking the surrounding air and filters it through lungs so people can breathe easily. Oxygen therapy not only eliminates the drain on your health but also improves mental sharpness, boosts stamina and reduces headaches. It also provides adequate supply of oxygen to lungs which is essential to have a healthy life. The high flow nasal cannula oxygen therapy technique is developed in recent years. Severe bronchial asthma combined with respiratory failure is life threatening. Thus, active rescue and treatment is required, wherein oxygen therapy is an essential option is such situations. The conventional oxygen therapies such as use of nasal cannula, venturi mask are mainly used in clinical settings. Thus, the rising prevalence of chronic obstructive pulmonary disease and asthma along with rapid development and availability of various oxygen therapies is boosting global oxygen therapy market.

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Global Oxygen Therapy Market

  • By Oxygen Source Equipment
    • Oxygen Concentrators
    • Compressed Oxygen Cylinders
    • Liquid Oxygen Systems
  • By Oxygen Delivery Devices
    • Oxygen Masks
    • Bag Valve Masks
    • Nasal Cannulas
    • Venturi Mask
    • Others
  • By End Users
    • Hospitals & Clinics
    • Home Healthcare
    • Rehabilitation Centers
  • By Application
    • COPD (Chronic Obstructive Pulmonary Disease)
    • Asthma
    • Sleep Apnea
    • Respiratory Distress Syndrome (RDS)
    • Cystic Fibrosis
    • Pneumonia
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • France
      • The UK
      • Spain
      • Germany
      • Italy
      • Nordic Countries
        • Denmark
        • Finland
        • Iceland
        • Sweden
        • Norway
      • Benelux Union
        • Belgium
        • The Netherlands
        • Luxembourg
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • New Zealand
      • Australia
      • South Korea
      • Southeast Asia
        • Indonesia
        • Thailand
        • Malaysia
        • Singapore
        • Rest of Southeast Asia
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Egypt
      • Kuwait
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America

Get More Details of Oxygen Therapy Market @

https://www.absolutemarketsinsights.com/reports/Global-Oxygen-Therapy-Market-2019-2027-250

 About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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Company: Absolute Markets Insights
Email id: [email protected] 
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,Model Colony, Shivajinagar, Pune, MH, 411016
Website: https://www.absolutemarketsinsights.com/


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Press Release Provided By: Absolute Markets Insights