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Oxygen Therapy Market Outlook and Forecast up to 2024: Grand View Research, Inc. Business Articles | May 4, 2016
Grand View Research has announced the addition of "Oxygen Therapy Market ?Analysis and Segment Forecasts To 2024" Market Research report to their Database.
The global?oxygen therapy market?is expected to reach USD 18.2 billion by 2024 [url=http://www.airmaxmenssale.com/]Nike Air Max Sale[/url] , according to a new study by Grand View Research, Inc. The increasing prevalence of major respiratory diseases, such as Chronic Obstructive Pulmonary Disease (COPD), asthma, and obstructive sleep apnea [url=http://www.airmaxmenssale.com/]Air Max 2017 Sale[/url] , is a high impact rendering driver of oxygen therapy market.
As per the estimates of the WHO, a consequential global rise in the prevalence of asthma and other respiratory disorders, is expected to heightened clinical urgency to treat the aforementioned disorders and is expected to boost the demand for oxygen therapy as the first line treatment and as a supplement in various applications.?
Moreover, technological advancements are anticipated to provide growth platforms in a wide range of new applications such as cancer and diabetes; for instance, incorporation of flow sensors in delivery devices to conserve and regulate the flow enabling greater patient comfort and outcomes.?
Furthermore [url=http://www.airmaxmenssale.com/]Air Max 2018 Sale[/url] , the increasing focus on home healthcare solutions coupled with the development of portable delivery devices has a major impact on the oxygen therapy market. These aforementioned factors are expected to serve as key contributing factors towards the growth of the oxygen therapy market over the forecast period.
Browse to access In-depth research report on Global Oxygen Therapy Market with detailed charts and figures:?http:www.grandviewresearchindustry-analysisoxygen-therapy-market
Further key findings from the study suggest:
The oxygen source equipment segment dominated the product segment in terms of
revenue share in 2015owing toits high usage rate and wide scale availability in
various forms such as liquid compressed gas, and concentrators. On the other
hand, oxygen delivery devices are expected to grow at a lucrative rate being an
indispensable part of the oxygen therapy set-ups, thereby contributing towards
the overall oxygen therapy market growth during the forecast period.? Oxygen
concentrator spear headed the source equipment market segment owing to rising
popularity and adoption of Portable Concentrators in emergency medicine,
ambulatory [url=http://www.airmaxmenssale.com/]Air Max 90 Sale[/url] , and home
settings.? Oxygen masks dominated delivery device market segment at over USD
800.0 million in 2015, as a consequence of being the indispensable unit of the
delivery system and greater availability of specialty masks as per the patient’s
physiological needs? Chronic Obstructive Pulmonary Disease (COPD) held a
substantial market share of application segment and constituted for over 37.0%of
the overall revenue share, owing to presence of unmet needs pertinent to COPD
treatment, thereby propelling the demand for oxygen therapy market? Home
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