Categories
Business

Medical Oxygen Systems Market Surpasses US$ 5 Billion by 2031, Reveals Fact.MR Analysis

According to Fact.MR, a market research and competitive intelligence provider, the global medical oxygen systems market was valued at US$ 1.4 billion in 2018 and is expected to grow at a CAGR of 7% to reach US$ 5 billion by 2031.

The medical oxygen systems market is an essential component of the healthcare industry, providing a critical lifeline to patients in need of oxygen therapy. These systems play a vital role in various healthcare settings, from hospitals and clinics to home care, ensuring that patients receive the oxygen they require for medical conditions. The market encompasses a wide range of equipment and solutions designed to deliver oxygen safely and efficiently to patients.

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Medical Oxygen Systems Market Recent Developments

1. Technological Advancements: Recent developments in the medical oxygen systems market have witnessed significant technological advancements. Oxygen delivery systems have become more portable, user-friendly, and equipped with advanced monitoring and control features.

2. Homecare Solutions: The increasing trend toward home-based medical care has led to the development of compact and easy-to-use medical oxygen systems for patients who require oxygen therapy in their homes. This shift has been accelerated by the COVID-19 pandemic.

3. Oxygen Concentrators: Oxygen concentrators have become a focal point of development. These devices offer a continuous supply of oxygen by extracting it from the ambient air, eliminating the need for bulky oxygen cylinders and refills.

4. Telehealth Integration: Telehealth and remote patient monitoring have become integral to healthcare delivery. Medical oxygen systems are now being integrated with telehealth platforms to allow healthcare providers to monitor patients’ oxygen levels and adjust treatment remotely.

Market Players

  • Koninklijke Philips N.V
  • Inogen
  • BOC Healthcare
  • Precision Medical
  • Luxfer Group
  • Cryofab
  • Responsive Respiratory
  • Atlas Copco
  • GCE group
  • High Vacuum Maintenance (HVM) S.R.L.

Medical Oxygen Systems Market Demand

1. Aging Population: The aging global population is a significant driver of demand for medical oxygen systems. As individuals age, the likelihood of respiratory conditions and other health issues that require oxygen therapy increases.

2. Respiratory Diseases: The prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma, and pneumonia, is on the rise. These conditions often necessitate oxygen therapy, contributing to market demand.

3. COVID-19 Pandemic Impact: The COVID-19 pandemic has highlighted the critical need for medical oxygen systems, particularly for patients with severe respiratory symptoms. Hospitals and healthcare facilities worldwide have witnessed a surge in demand for oxygen delivery systems.

4. Home-Based Care: The growing preference for home-based healthcare solutions, driven by patient comfort and cost-effectiveness, has boosted demand for portable medical oxygen systems designed for homecare settings.

Competitive Landscape

The medical oxygen systems market is characterized by its highly fragmented nature, with a multitude of both large and small players competing in the industry. To meet the increasing demand for oxygen concentrators and cylinders, companies are significantly ramping up their manufacturing capacities and investing in training efforts.

Key players like ResMed, Invacare Corporation, and CAIRE, Inc. are well-positioned for substantial growth in the coming quarters due to their extensive portfolios of respiratory devices.

In January 2016, GCE Healthcare introduced the Zen-O portable oxygen concentrator (POC), a lightweight oxygen therapy device weighing only 4.66kg (10lbs), designed for easy portability.

In October 2017, Invacare Corporation launched the Invacare Platinum Mobile Oxygen Concentrator with enhanced connectivity, offering greater convenience for routine use through integration with the Piccolo O App.

April 2019 saw TherOx receive approval from the U.S. FDA for its supersaturated oxygen therapy, a novel approach for treating damaged heart tissue. This innovative method involves the delivery of hyperbaric levels of oxygen through a single catheter infusion, consistently and safely reducing infarct size.

These developments highlight the dynamic nature of the medical oxygen systems market, with companies continuously striving to enhance their product offerings and meet the evolving needs of healthcare providers and patients.

Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product
    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality
    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User
    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

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The medical oxygen systems market is evolving rapidly to meet the increasing demand for oxygen therapy, particularly in aging populations and amid the rise in respiratory diseases. Recent developments include technological advancements, a shift toward homecare solutions, and the integration of telehealth. Demand drivers encompass aging demographics, respiratory illnesses, the impact of the COVID-19 pandemic, and the preference for home-based care. Key trends include portability, remote monitoring, sustainability, and the development of smart oxygen delivery devices, all aimed at improving patient outcomes and healthcare delivery efficiency.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

Contact:
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Email: sales@factmr.com

Categories
Pharmaceutical

Demand For Compressed Medical Oxygen Cylinders Is Projected To Reach A Valuation Of Us$ 2 Bn By 2031

As per a new report published by Fact.MR – a market research and competitive intelligence provider, the market for medical oxygen systems is anticipated to top US$ 5 Bn by 2031 and expand at a CAGR of 7%.

Widespread advancements occurring in the field of healthcare and medicine are primarily responsible for driving demand for medical oxygen systems. These systems are used to treat patients who are no longer able to receive adequate volumes of oxygen through the breathing of natural air and who require higher concentrations of oxygen.

Due to the outbreak of the current COVID-19 pandemic, many people across the world are suffering with breathing difficulties on account of the severity of infection. This has surged demand for medical oxygen systems on an emergency basis. In addition, many companies are pouring in humungous investments to improve the quality of oxygen supplying equipment, consequently spiking the supply of related devices.

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“Attributable to the current pandemic and rising cases of pulmonary ailments worldwide, demand for medical oxygen systems is set to surge over the coming years,” says a Fact.MR analyst.

Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product
    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality
    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User
    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

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medical oxygen systems market by FactMR

Key Takeaways from Market Study

  • Valuation of medical oxygen systems reached US$ 3 Bn in 2020, and is expected to top US$ 5 Bn by 2031.
  • Key factors driving demand for medical oxygen systems include product innovations for homecare use and rise in occurrences of respiratory disorders worldwide.
  • North America accounts for one-third of the market share for medical oxygen systems.
  • Demand for medical oxygen systems in the U.S. topped US$ 711 Mn in 2020.
  • Rising number of COVID-19 cases with breathing disorders is the main factor for the sudden upsurge in demand for medical oxygen systems in India.
  • Compressed medical oxygen cylinders account for 40% revenue share in the market.

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Winning Strategy

This market depicts the presence of a substantially competitive vendor landscape, with the presence of a handful of players exerting dominance. Regulation of trial costs, achieving geographical expansion, and bringing forth efficiency of activities undertaken are key strategies being implemented by most manufacturers of medical oxygen systems.

Several players are expected to improve their product quality, increase product differentiation, and enhance their hold on the marketplace. With increasing number of players expected to enter this space in the near future, competition is likely to further intensify in the medical oxygen systems industry.

  • Koninklijke Philips N.V
  • Inogen
  • BOC Healthcare
  • Precision Medical
  • Luxfer Group
  • Cryofab
  • Responsive Respiratory
  • Atlas Copco
  • GCE group
  • High Vacuum Maintenance (HVM) S.R.L.

Key Market Insights Covered in Medical Oxygen Systems Industry Survey:

  • Market Estimates and Forecasts (2016-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • COVID-19 Impact on Demand for Medical Oxygen Systems and How to Leverage
  • Recommendation on Key Winning Strategies

For More Insights https://www.biospace.com/article/cell-proliferation-market-players-are-relying-on-partnerships-and-alliance-to-speed-up-r-and-d-study/

Key Questions Answered in Report

  • Which are the most lucrative markets for medical oxygen systems?
  • Which factors will impact the growth of medical oxygen systems market?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the medical oxygen systems industry?
  • What are the winning strategies of stakeholders in the market?

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Market For Medical Oxygen Systems Is Anticipated To Top US$ 5 Bn By 2031

Medical Oxygen Systems Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Medical Oxygen Systems insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Medical Oxygen Systems market and quantified with insightful rationale.

The Market survey of Medical Oxygen Systems offers a comprehensive analysis of diverse features, including production capacities analysis of Medical Oxygen Systems , demand, product developments, revenue generation, and Size of Medical Oxygen Systems Market across the globe.

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Key Parameters analyzed while estimating the Medical Oxygen Systems market include:

  • To analyze Drugs/ Therapeutic Area in Medical Oxygen Systems :

Overall Population by age group/Prevalence or Incidence of any disease/Treatment Seeking Rate/Dosage pattern/Average duration of treatment/Overall treatment cost and Reimbursement are considered.

  • To analyze Consumables of Medical Oxygen Systems:

Overall Population/Prevalence or Incidence of disease/treatment seeking rate/ average duration of the treatment/average number of devices used per patient / average number of procedure per device/ average selling price per device/reimbursement are considered.

  • To analyze Medical Oxygen Systems Equipment:

Number of Healthcare facilities (Hospitals/Ambulatory Surgical Centers/Clinics etc.)

Average number of devices installed per facilities/ lifespan of the devices/replacement rate of the equipment/new sales of the equipment per year/average selling price per equipment are considered.

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Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product

    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality

    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User

    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

Some Notable Offerings by Fact.MR Report on Medical Oxygen Systems market:

  • We will provide you an analysis of the extent to which this Medical Oxygen Systems market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Medical Oxygen Systems Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Oxygen Systems and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Oxygen Systems Market .
  • Insights about adoption of new technologies and its influence on the Medical Oxygen Systems market Size.
  • Overview of the impact of COVID-19 on Medical Oxygen Systems Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Oxygen Systems Market during the forecast period.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=6649

After reading the Market insights of Medical Oxygen Systems Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Medical Oxygen Systems market revenue.
  • Study the growth outlook of Medical Oxygen Systems market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Medical Oxygen Systems market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Oxygen Systems Market Players.

Reasons to choose a Fact.MR:

  • Exhaustive research regarding the market to offer A to Z information.
  • Digital technologies to provide innovative business solutions to clients.
  • 24/7 availability of services.
  • Interaction with suppliers, vendors, and service providers for a precise market landscape.
  • Reports tailored as per the requirements of the clients.

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About Fact.MR:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

 Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Categories
Pharmaceutical

Medical Oxygen Systems Market to Expand at a Healthy CAGR of 7% through 2031

Fact.MR’s medical oxygen systems industry analysis reveals that the global market was valued at US$ 3 Bn in 2020, and is projected to top US$ 5 Bn by 2031, surging at a CAGR of 7%. Demand for compressed medical oxygen cylinders is projected to reach a valuation of US$ 2 Bn by 2031, increasing at a CAGR of 6% across the assessment period, with that for medical oxygen concentrators expanding at 7%.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Medical Oxygen Systems devices are soaring rapidly.

The Demand analysis of Medical Oxygen Systems Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Medical Oxygen Systems Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=6649

Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product
    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality
    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User
    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

The Market survey of Medical Oxygen Systems offers a comprehensive analysis of diverse features, including production capacities analysis of Medical Oxygen Systems, demand, product developments, revenue generation, and Size of Medical Oxygen Systems Market across the globe.

Report Benefits & Key Questions Answered

  • Medical Oxygen Systems Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Medical Oxygen Systems category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Medical Oxygen Systems Manufacturing trend analysis: A key aspect of the study is comprehensive Medical Oxygen Systems manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Medical Oxygen Systems: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Medical Oxygen Systems market. Adoption of various technologies are being discussed in detail.
  • Medical Oxygen Systems demand by country: The report forecasts the country wise demand for Medical Oxygen Systems between 2021 and 2031. By analyzing this section of the report, Medical Oxygen Systems manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Medical Oxygen Systems: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

 

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=6649

Some Notable Offerings by Fact.MR Report on Medical Oxygen Systems market:

  • MR will provide you an analysis of the extent to which this Medical Oxygen Systems market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Medical Oxygen Systems Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Oxygen Systems and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Oxygen Systems Market .
  • Insights about adoption of new technologies and its influence on the Medical Oxygen Systems market Size.
  • Overview of the impact of COVID-19 on Medical Oxygen Systems Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Oxygen Systems Market during the forecast period.

To get all-in insights on the regional landscape of the Medical Oxygen Systems Market, Buy Now:-https://www.factmr.com/checkout/6649

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Medical Oxygen Systems market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Medical Oxygen Systems manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Medical Oxygen Systems witnessed a huge upsurge and the trend is likely to continue in the future.

After reading the Market insights of Medical Oxygen Systems Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Medical Oxygen Systems market revenue.
  • Study the growth outlook of Medical Oxygen Systems market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Medical Oxygen Systems market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Oxygen Systems Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Medical Oxygen Systems Market Manufacturer?

  • The data provided in the Medical Oxygen Systems market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

More Related Reports by Fact.MR On Healthcare Sector: 

Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Computer-Assisted Orthopedic Surgery Market :-Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

Demand for Helicobacter Pylori Hospital Acquired Testing Kits Is Expected to Exhibit a CAGR of Around 15% over the Forecast Period (2021-2031)

As per Fact.MR – a market research and competitive intelligence provider, the Revenue Share of Americas hospital acquired infection testing was valued at US$ 595 Mn in 2020, and is expected to exhibit a CAGR of around 15% over the forecast period (2021-2031).

Increasing medical tourism is expected to aid the growth of emergency medicine services, including the use of ambulances, ambulatory surgical centers, and hospitals, which, in turn, will create demand for hospital acquired infection testing kits. Infants, elderly people, and people with weak immunity systems are at a greater risk of developing hospital acquired infections (HAIs). Many common antibiotics are resistant to various organisms present in hospitals. Widespread use of antibiotics in hospitals promotes the development of resistant bacteria. Urinary tract infection (UTI), surgical site infections, pneumonia, lung infections, and bacterial infections are commonly acquired hospital infections.

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“Surge in surgical procedures and government initiatives to control & create awareness regarding hospital acquired infections are anticipated to drive market growth over the coming years,” says a Fact.MR analyst.

As per the Centers of Disease Control and Prevention (CDC) estimates, in hospitals across the Americas alone, 1.7 million patients suffer from HAIs and 99,000 deaths occur every. This high mortality rate associated economic burden has compelled healthcare providers to device an effective strategy to lower infection rates.

The current COVID-19 pandemic crisis is expected to have a moderately positive impact on market growth. This can be attributed to growing number hospitalizations due to COVID-19 across the Americas. Prolonged hospital stays and frequent use of ventilators increase the chances of patients acquiring infections. Thus, as the number of hospitalizations is high, demand for HAI testing kits is expected to see a rise.

Segments as per Americas Hospital Acquired Infection Testing Industry Research

  • By Test
    • MSRA Testing Kits
      • MRSA Real-Time PCR Detection Kits
      • MRSA Rapid Test Kits
    • Staphylococcus aureus Detection Kits
      • Staphylococcus aureus Latex Test Kits
      • Staphylococcus aureus Assay Test Kits
    • Clostridium difficile Testing Kits
      • Clostridium difficile Detection Panels
      • Clostridium difficile Immunoassay Kits
    • Helicobacter pylori Testing Kits
      • Helicobacter pylori Rapid Antigen Test Kits
      • Helicobacter pylori IgG antibodies Test Kits
    • Rotavirus/ Adenovirus Real-time PCR Kits
      • RSV RT-PCR Test Kit
      • RSV Ag Rapid Test Kits
    • Strep A Rapid Testing Kits
    • Strep B Rapid Testing Kits
    • Mononucleosis Testing Kits
    • Calprotectin Test Kits
  • Modality
    • Immunoassay Testing
    • Point-of-care Testing
  • By Sample
    • Blood
    • Nasal Swabs
    • Urine
    • Stool
  • By End User
    • Hospitals
    • Diagnostic Laboratories
    • Cancer Research Institutes
    • Specialty Clinics
    • Home Care Settings

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americas hospital acquired infection testing market modality by FactMR

Key Takeaways from Market Study

  • By test, helicobacter pylori testing kits hold around 26.4% value share of the total Americas market.
  • Based on modality, point-of-care testing is leading with 69% market share.
  • By end user, diagnostic laboratories dominate the HAI testing market with a value share of 35%, while on the other hand, home care settings are expected to increase at a higher CAGR of 23%.
  • By country, the U.S. dominates the Americas hospital acquired infection testing market with a value share of 58%.

Who is winning?

The Americas market is set to expand due to rise in incidence of hospital acquired infections. Leading industry players are set to focus on research & development as well as strategic & geographic expansion in order to strengthen their presence in the region.

  • Thermo Fisher Scientific
  • bioMérieux SA
  • Becton Dickinson & Co.
  • Abbott
  • Danaher
  • Quidel Corporation
  • BioFire Diagnostics
  • Qiagen

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Want more insights?

Fact.MR brings a comprehensive research report on forecasted revenue growth at the Americas, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031.

The Americas hospital acquired infection testing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the basis of test, modality, sample, and end user, across three main regions.

Key Questions Answered in Report

  • Which geographic regions will continue to remain most profitable markets for hospital acquired infection testing?
  • Which parameters will bring a change in the demand for hospital acquired infection testing during the forecast period?
  • How will changing trends impact the market?
  • How will the COVID-19 pandemic impact market growth?
  • How can market players capture the low-hanging opportunities in developed regions?
  • What are the winning strategies of stakeholders in the hospital acquired infection testing market to upscale their position in this landscape?
  • What are the restraints that investors need to be aware of and might tackle while investing in the market?

For More Insights https://www.biospace.com/article/tumor-lysis-syndrome-treatment-demand-fuelled-by-favorable-reimbursement-policies-says-fact-mr/

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Demand for Compressed Medical Oxygen Cylinders to Surge Over Coming Years and Capture 40% Market Share, Says Fact.MR

Medical Oxygen Systems Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Medical Oxygen Systems insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Medical Oxygen Systems market and quantified with insightful rationale.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Medical Oxygen Systems devices are soaring rapidly.

The Demand analysis of Medical Oxygen Systems Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Medical Oxygen Systems Market across the globe.

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Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product

    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality

    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User

    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

A comprehensive estimate of the Medical Oxygen Systems market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Medical Oxygen Systems during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Medical Oxygen Systems.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

The Market survey of Medical Oxygen Systems offers a comprehensive analysis of diverse features, including production capacities analysis of Medical Oxygen Systems, demand, product developments, revenue generation, and Size of Medical Oxygen Systems Market across the globe.

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Medical Oxygen Systems market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Medical Oxygen Systems manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Medical Oxygen Systems witnessed a huge upsurge and the trend is likely to continue in the future.

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Some Notable Offerings by Fact.MR Report on Medical Oxygen Systems market:

  • We will provide you an analysis of the extent to which this Medical Oxygen Systems market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Medical Oxygen Systems Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Medical Oxygen Systems category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Medical Oxygen Systems Manufacturing trend analysis: A key aspect of the study is comprehensive Medical Oxygen Systems manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Medical Oxygen Systems: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Medical Oxygen Systems market. Adoption of various technologies are being discussed in detail.
  • Medical Oxygen Systems demand by country: The report forecasts the country wise demand for Medical Oxygen Systems between 2021 and 2031. By analyzing this section of the report, Medical Oxygen Systems manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Medical Oxygen Systems: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Medical Oxygen Systems Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Oxygen Systems and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Oxygen Systems Market .
  • Insights about adoption of new technologies and its influence on the Medical Oxygen Systems market Size.
  • Overview of the impact of COVID-19 on Medical Oxygen Systems Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Oxygen Systems Market during the forecast period.

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Key Takeaways from Market Study

  • Valuation of medical oxygen systems reached US$ 3 Bn in 2020, and is expected to top US$ 5 Bn by 2031.
  • Key factors driving demand for medical oxygen systems include product innovations for homecare use and rise in occurrences of respiratory disorders worldwide.
  • North America accounts for one-third of the market share for medical oxygen systems.
  • Demand for medical oxygen systems in the U.S. topped US$ 711 Mn in 2020.
  • Rising number of COVID-19 cases with breathing disorders is the main factor for the sudden upsurge in demand for medical oxygen systems in India.
  • Compressed medical oxygen cylinders account for 40% revenue share in the market.

“Attributable to the current pandemic and rising cases of pulmonary ailments worldwide, demand for medical oxygen systems is set to surge over the coming years,” says a Fact.MR analyst.

After reading the Market insights of Medical Oxygen Systems Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Medical Oxygen Systems market revenue.
  • Study the growth outlook of Medical Oxygen Systems market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Medical Oxygen Systems market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Oxygen Systems Market Players.

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How Fact.MR Assists in Making Strategic Moves For Medical Oxygen Systems Market Manufacturer?

  • The data provided in the Medical Oxygen Systems market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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Rockville, MD 20852
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Categories
Pharmaceutical

Demand Value for Medical Liquid Oxygen Systems In the U.S Is Estimated at US$ 5 Bn Over the Next 10 Years

As per a new report published by Fact.MR – a market research and competitive intelligence provider, the market for medical oxygen systems is anticipated to top US$ 5 Bn by 2031 and expand at a CAGR of 7%.

Widespread advancements occurring in the field of healthcare and medicine are primarily responsible for driving demand for medical oxygen systems. These systems are used to treat patients who are no longer able to receive adequate volumes of oxygen through the breathing of natural air and who require higher concentrations of oxygen.

Due to the outbreak of the current COVID-19 pandemic, many people across the world are suffering with breathing difficulties on account of the severity of infection. This has surged demand for medical oxygen systems on an emergency basis. In addition, many companies are pouring in humungous investments to improve the quality of oxygen supplying equipment, consequently spiking the supply of related devices.

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“Attributable to the current pandemic and rising cases of pulmonary ailments worldwide, demand for medical oxygen systems is set to surge over the coming years,” says a Fact.MR analyst.

Key Segments Covered in Medical Oxygen Systems Industry Research

  • By Product
    • Compressed Medical Oxygen Cylinders
    • Medical Oxygen Concentrators
    • Medical Liquid Oxygen Systems
  • By Modality
    • Portable Medical Oxygen Systems
    • Stationary Medical Oxygen Systems
  • By End User
    • Medical Oxygen Systems for Hospitals
    • Medical Oxygen Systems for Emergency Medical Centres
    • Medical Oxygen Systems for Ambulatory Surgical Centres
    • Medical Oxygen Systems for Home Care Centres

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medical oxygen systems market by FactMR

Key Takeaways from Market Study

  • Valuation of medical oxygen systems reached US$ 3 Bn in 2020, and is expected to top US$ 5 Bn by 2031.
  • Key factors driving demand for medical oxygen systems include product innovations for homecare use and rise in occurrences of respiratory disorders worldwide.
  • North America accounts for one-third of the market share for medical oxygen systems.
  • Demand for medical oxygen systems in the U.S. topped US$ 711 Mn in 2020.
  • Rising number of COVID-19 cases with breathing disorders is the main factor for the sudden upsurge in demand for medical oxygen systems in India.
  • Compressed medical oxygen cylinders account for 40% revenue share in the market.

Get Full Access of Medical Oxygen Systems Market Exclusive Report
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Winning Strategy

This market depicts the presence of a substantially competitive vendor landscape, with the presence of a handful of players exerting dominance. Regulation of trial costs, achieving geographical expansion, and bringing forth efficiency of activities undertaken are key strategies being implemented by most manufacturers of medical oxygen systems.

Several players are expected to improve their product quality, increase product differentiation, and enhance their hold on the marketplace. With increasing number of players expected to enter this space in the near future, competition is likely to further intensify in the medical oxygen systems industry.

  • Koninklijke Philips N.V
  • Inogen
  • BOC Healthcare
  • Precision Medical
  • Luxfer Group
  • Cryofab
  • Responsive Respiratory
  • Atlas Copco
  • GCE group
  • High Vacuum Maintenance (HVM) S.R.L.

Key Market Insights Covered in Medical Oxygen Systems Industry Survey:

  • Market Estimates and Forecasts (2016-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • COVID-19 Impact on Demand for Medical Oxygen Systems and How to Leverage
  • Recommendation on Key Winning Strategies

For More Insights https://www.biospace.com/article/cell-proliferation-market-players-are-relying-on-partnerships-and-alliance-to-speed-up-r-and-d-study/

Key Questions Answered in Report

  • Which are the most lucrative markets for medical oxygen systems?
  • Which factors will impact the growth of medical oxygen systems market?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the medical oxygen systems industry?
  • What are the winning strategies of stakeholders in the market?

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com