According to the oxygen therapy consumables market report, one driver in the market is increasing prevalence of chronic respiratory diseases. The prevalence of chronic respiratory disorders such as COPD, asthma, and OSA is increasing at a significant rate in both developed and developing countries. As of 2015, more than 300 million people are suffering from asthma worldwide. Asthma accounts for six to seven in every 1000 deaths annually, worldwide. The prevalence of asthma is increasing rapidly in low and middle-income countries. The analysts forecast global oxygen therapy consumables market to grow at a CAGR of 11.41% during the period 2017-2021.
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The following companies as the key players in the global oxygen therapy consumables market: BD, Drive DeVilbiss Healthcare, Allied Healthcare Products, Philips Respironics, and Fisher & Paykel Healthcare.
Other prominent vendors in the market are: Ambu, Besmed Health Business, BLS Systems, Circadiance, Flexicare Medical, ResMed, Smiths Medical, and Teleflex Incorporated.
One trend in the oxygen therapy consumables market is increasing online marketing services. Vendors are focusing on the online marketing of their products to provide better accessibility to customers and increase the volume of product sales. This strategy allows vendors to minimize sales mediators and operational costs.
The oxygen therapy consumables market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Global Oxygen Therapy Consumables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global Oxygen Therapy Consumables market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of Oxygen Therapy Consumables materials.
Further, the report states that one challenge in the market is strict regulatory approval process. The approval process for oxygen delivery systems is stringent and required evidence via clinical trial studies. The approval process is more complicated for vendors obtaining approval for devices targeting a specific patient pool such as the pediatric patient population. The approval process in the European Union involves the determination of conformity assessment route for the product and adherence to conformity assessment procedure for clinical investigation.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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