OXYGEN THERAPY MARKET ANALYSIS

Market News

Key Developments

1. Major companies in the market are focused on different business strategies such as product launches, in order to expand product portfolio and gain competitive edge in the market. For instance, in September 2018, CAIRE, Inc., a manufacturer of oxygen therapy solutions, launched Freestyle Comfort, a portable oxygen concentrator. This novel device will feature five pulse settings and innovative comfort curves.
2. Various leading hospitals are focused on different business strategies such as product and treatment launches, in order to offer effective oxygen therapy solutions to patients. For instance, in April 2018, Amandeep Hospital, Amritsar, India launched a novel treatment therapy called Hyerbaric Oxygen Therapy (HBOT). This therapy will be used in wound healing, especially for diabetic foot and non-healing wounds.
3. Key players in the market are focused on different business strategies such as product launches, in order to expand their product portfolio. For instance, in April 2019, Inogen, Inc., a U.S.-based medical technology company, launched Innovative Inogen One G5, which is a portable oxygen concentrator. This novel respiratory product can be used for home settings and will meet the needs of oxygen therapy patients.