Gas blending is the procedure of precise mixing of different gases for a medical or non-medical purpose in a controlled environment. Gas mixing or blending has extensive use in industrial and research procedures, food making and storage, and medical gases. The necessity of equipment that can enable the formation of a mixture of ambient air and oxygen in an easy, safe, non-toxic and controlled fashion in critical care units is becoming increasingly important. Air/oxygen blenders, also known as mixers or oxygen proportioners are special instruments that offer a simple, reliable, and accurate method of delivering gas to the patient. The air-oxygen blender is used to mix oxygen with ambient air for patient treatment. Air-oxygen blenders allow clinicians to form a precise mixture of oxygen, usually 21% to 100%. A typical air-oxygen blender has one or two low-flow or one high-flow output port. Oxygen-air blenders are generally fitted out with a pressure-regulating apparatus and connectors for the main gas source and the supply of the mixed gas. The mixed gas output can then be passed through a humidifier or nebulizer and provided to patients at flow-rate of 1 L/min to more than 100 L/min using endotracheal tubes, oxygen tents, tracheostomy tubes, oxygen hoods, or masks. The blender is connected to a ventilator system, respirator, or breathing machine to supply proper air pressure into the patient’s lungs.
The air oxygen blender market is estimated to witness high growth during the forecast period due to their growing application in emergency situations to reduce the procedure time with their use and for faster recovery of patients. The market is also driven by technological advancements, increasing incidence and prevalence of chronic illnesses, and alarming rate of trauma and accident cases worldwide. Increase in the geriatric population vulnerable to chronic illnesses is also escalating the demand for surgical procedures globally, which in turn will drive the market for air oxygen blenders.
On the basis of product type, the air oxygen blender market can be segmented into low flow air/oxygen blender and high flow air/oxygen blender. Technological advancements such as MRI compatible models are expected to boost the air oxygen blender market during the forecast period. On the basis of end-user segment, the market can be fragmented into hospitals, ambulatory surgical centers, long-term care centers, and home-care settings. However, the air oxygen blender market is expected to face some restraints during the forecast period. Lack of skilled professionals in developing countries, hidden application cost, and unstable reimbursement regulations are hampering the growth of the air oxygen blender market in developing countries. Geographically, the market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is anticipated to be the largest market for air oxygen blenders owing to the large number of patients, increase in geriatric population, and mounting trauma cases. Asia Pacific is the most promising market due to expanding health care expenditures, boost in economic status, and large population of underserved patient pool.
Key players in the global air oxygen blender market include Precision Medical, Inc., Inspiration Healthcare Group plc, Maxtec, Becton, Dickinson and Company, Bio-Med Devices, nice Neotech Medical Systems Pvt. Ltd., Ohio Medical, Sechrist, and Weyer GmbH.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.