Global Oxygen Therapy Equipment Market Forecast to Grow to US$3.5 Billion by 2025

DUBLIN, Feb. 24, 2020 /PRNewswire/ -- The "Oxygen Therapy Equipment - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The Oxygen Therapy Equipment market worldwide is projected to grow by US$2.1 Billion, driven by a compounded growth of 8.3%. Oxygen Source, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.5 Billion by the year 2025, Oxygen Source will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7% growth momentum. Within Europe, Germany will add over US$72.6 Million to the region's size and clout in the next 5 to 6 years. Over US$61.9 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Oxygen Source will reach a market size of US$176.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.4% over the next couple of years and add approximately US$596.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Key Topics Covered:

I. Methodology

II. Executive Summary

    --  Market Overview
    --  Focus on Select Players
    --  Market Trends & Drivers

    --  Global Market Perspective

III. Market Analysis

IV. Competition

V. Curated Research

Companies Mentioned:

    --  Chart Industries
    --  Drgerwerk Ag & Co. KGAA
    --  Fisher & Paykel Healthcare
    --  Inogen
    --  Invacare Corporation
    --  Linde Healthcare
    --  Philips Healthcare
    --  Smiths Medical
    --  Taiyo Nippon Sanso Corporation
    --  Teleflex Inc.

For more information about this report visit https://www.researchandmarkets.com/r/e07u4v

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-oxygen-therapy-equipment-market-forecast-to-grow-to-us3-5-billion-by-2025--301009741.html

SOURCE Research and Markets