Medical oxygen is required in various surgical recovery processes such as prevention of oxygen deficiency in body during surgery, major traumatic medical conditions such as accidents, heart attack, blood loss, hyperpyrexia, severe lung conditions as well as for treatment of cluster headache, and for resuscitation. Furthermore, medical oxygen is administered to the patients while giving anesthesia. Medical oxygen is only prescribed by healthcare professionals.
Medical oxygen is delivered to the patients by using various oxygen delivery systems such as compressed cylinders, concentrators, and centralized oxygen cylinders, mainly for hospital use. Advancements in technology in oxygen systems is expected to create an opportunity for manufacturers to produce Hi-tech products with multiple functionality. For instance, Inogen, Invacare Corporation offers the portable oxygen concentrator with connectivity to operate medical oxygen system wireless.
Market Dynamics
Increasing product launches for medical oxygen systems is expected to drive growth of the global medical oxygen systems market. For instance, In January 2018, ResMed Inc. launched Mobi, its first ResMed-branded portable oxygen concentrator (POC). Mobi offers efficient oxygen delivery and battery life and is used in Chronic Obstructive Pulmonary Disease (COPD) and other respiratory conditions. Moreover, in 2017, GCE Healthcare launched its Zen-O lite portable oxygen concentrator. This new portable oxygen concentrator is designed to help people with respiratory disorders such as COPD.
Moreover, increasing prevalence of pulmonary disorders, which may result in high demand for medical oxygen systems is expected to be the major driver for growth of the global medical oxygen systems market. For instance, according to the World Health Organization’s estimation report, in December 2017, around 251 million cases of COPD were diagnosed worldwide in 2016.
Key features of the study:
- This report provides in-depth analysis of the global medical oxygen systems market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2018–2026), considering 2017, as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global medical oxygen systems market based on the following parameters – company overview, financial performance, Technology portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include Koninklijke Philips N.V, Inogen, Inc., BOC Healthcare, Precision Medical, Inc., Luxfer Group, Cryofab, Inc., Responsive Respiratory, Inc., Atlas Copco, GCE group, and High Vacuum Maintenance (HVM) S.R.L.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future technology launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global medical oxygen systems market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers for global medical oxygen systems market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Medical Oxygen Systems Market, By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- Global Medical Oxygen Systems Market, By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- Global Medical Oxygen Systems Market, By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Global Medical Oxygen Systems Market, By Region:
- North America
- By Country:
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Product Type:
- Compressed Oxygen Cylinder
- Oxygen Concentrator
- Liquid Oxygen System
- By Modality:
- Portable Oxygen System
- Stationary/Standalone Oxygen System
- By End User:
- Hospitals
- Emergency Medical Centers
- Ambulatory Surgical Center
- Home Care Settings
- Otherss
- Company Profiles
-
- Koninklijke Philips N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Inogen, Inc.
- Invacare Corporation.
- BOC Healthcare
- Precision Medical, Inc.
- Luxfer Group.
- Cryofab, Inc.
- Responsive Respiratory, Inc.
- Atlas Copco
- GCE group.
- High Vacuum Maintenance (HVM) S.R.L.
“*” marked represents similar segmentation in other categories in the respective section.
