A device used to help, regulate, and supplement oxygen to patients in order to increase arterial oxygenation is known as an oxygen delivery system. Oxygen delivery systems provide oxygen therapy, which involves the administration of oxygen at concentrations higher than those found in the surrounding air. Both chronic and acute patient care make use of oxygen delivery systems. The majority of patients with respiratory distress who are admitted to the emergency room, ICU, or ICCU are routinely given oxygen.
Oxygen delivery systems are used in both chronic and acute patient care. Most patients admitted to the emergency room, ICU, or ICCU with respiratory distress are routinely given oxygen. The overall goal of providing oxygen therapy via oxygen delivery systems is to maintain adequate tissue oxygenation while minimizing cardiopulmonary work. In the case of patients with severe cardiopulmonary disorders, oxygen therapy using oxygen delivery systems is very common.
Data Bridge Market Research analyses that the oxygen delivery systems market which was USD 12,949.38 million in 2021, is expected to reach USD 21111.31 million by 2029, at a CAGR of 6.3% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
North America dominates the oxygen delivery systems market due to the major share of revenue and will maintain its position in the forecast period, increasing healthcare awareness of sleep apnea, rising disposable incomes.
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Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the improving healthcare infrastructure, economic growth favoured by broadening insurance coverage.
Some of the major players operating in the oxygen delivery systems market are:
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