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MEDICAL OXYGEN SYSTEMS MARKET ANALYSIS

Medical Oxygen Systems Market, by Product Types (Compressed Oxygen Cylinder, Oxygen Concentrator, and Liquid Oxygen System), by Modality (Portable Oxygen System and  Stationary/Standalone Oxygen System), by End User (Hospitals, Emergency Medical Centers, Ambulatory Surgical Center, Homecare Settings, and Others), and by region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Opportunity Analysis, and Industry Forecast till 2026

  • Published In : Jul 2019
  • Code : CMI539
  • Pages :186
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Medical Oxygen Systems MarketSize and Trends

The global medical oxygen system market is estimated to be at US$ 2,459.8 million in 2018, and is expected to witness a CAGR of 7.4% during the forecast period (2018–2026).

Figure 1. Global Medical Oxygen System Market value Analysis (US$ Mn), By Product Type

Source: Coherent Market Insights Analysis (2019)

Market- Trends

The homecare settings segment in the global medical oxygen system market is expected to witness significant market value, owing to rising prevalence of chronic obstructive pulmonary diseases (COPD) among the geriatric population. For instance, according to World Health Organization (WHO), in 2016, 251 million people around the world developed COPD.

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