Global Oxygen Delivery Systems Market: Overview

Oxygen delivery system is a device used to administer, regulate, and supplement oxygen to patients in order to increase the arterial oxygenation. Oxygen delivery systems provide oxygen therapy, wherein there is administration of oxygen in concentrations higher than that of the ambient air. Oxygen delivery systems are used in both chronic and acute patient care. Oxygen administration is routinely carried out for a majority of patients with respiratory distress, who are admitted in the emergency room, ICU, or ICCU. The overall aim of providing oxygen therapy through oxygen delivery systems is to maintain adequate tissue oxygenation while minimizing the cardiopulmonary work. Oxygen therapy by using oxygen delivery systems is very common in case of patients with intense cardiopulmonary disorder. A few common indications for which oxygen therapy has to be provided by using oxygen delivery systems are tachypnea, accessory muscle work, dyspnea, cyanosis, tachycardia, and hypertension. Precaution needs to be taken while providing oxygen therapy through an oxygen delivery systems in order to avoid high amount of oxygen supply, as it can cause complications.

Global Oxygen Delivery Systems Market: Key Segments

The oxygen delivery systems market has been segmented according to delivery mode, technology, end-user, and geography. Based on delivery mode, the market has been segmented into nasal cannulas, simple face masks, partial re-breather masks, non-re-breather masks, venturi masks, tracheostomy masks, and tracheostomy HME connectors.  In terms of technology, the oxygen delivery systems market has been divided into low-flow systems and high-flow systems. In a low-flow system, the room is entrained because the gas flow is insufficient. In a high-flow system, entrainment of the room air does not occur. Based on end-user, the oxygen delivery systems market has been segmented into multispecialty hospitals, private hospitals, ambulatory surgical centers, and mobile cardiac ambulances. Geographically, the market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The oxygen delivery systems market is driven by increase in the prevalence of diseases led by increased obesity and associated complications such as cardiac arrest and diabetes. Moreover, factors such as increased number of hospital administration cases, developed health care infrastructure, risen awareness regarding sleep apnea, developed facilities for emergency medical aid at small establishments, and expanded insurance coverage across the globe augment the market. However, a few factors restrain the oxygen delivery systems market; for example, high cost incurred for establishing the setup, unavailability of beds in hospitals due to increase in the number of hospital administration cases, and lack of standard health care infrastructure led by low financial support.

Geographically, the global oxygen delivery systems market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the global market during the forecast period, due to rising disposable income, developed health care infrastructure, growing number of health issues, and expanding insurance coverage in the region. Europe follows North America, due to increased awareness regarding sleep apnea, improved health care services, and expanded insurance coverage in the region. The oxygen delivery systems market in Asia Pacific is expanding at a rapid pace, due to improved health care infrastructure, increased awareness regarding treatment, expanded health insurance coverage, and availability of health care facilities such as mobile ambulances for emergency support in the region. Latin America is an emerging oxygen delivery systems market, due to increased investment in health care services in the region. The market in Middle East & Africa is expanding at a sluggish pace, due to lack of standard health care facilities, lack of awareness regarding treatment, low insurance coverage, and large pool of low-income patients in the region.

Global Oxygen Delivery Systems Market: Key Players

Top players operating in the global oxygen delivery systems market are ResMed Inc., Philips Respironics, Fisher & Paylkel Healthcare Ltd., BMC Medical Co. Ltd., Curative Medical Inc., Weinmann Medical Devices, and DeVilbiss Healthcare.

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
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

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.

2. Insights and Tools

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.

3. Actionable Results

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.

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