PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279759
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279759
Global Disposable Oxygen Masks Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. An oxygen mask is used to transport oxygen from a storage tank to a person's lungs. They are primarily used in hospitals, ambulances, and clinics to provide patients with breathing oxygen gas. The oxygen masks are made of plastic, silicone, and rubber and are designed to cover both the nose and mouth (oral-nasal mask) or the entire face (full-face mask). An oxygen mask is required to provide oxygen therapy to patients experiencing respiratory distress as well as sufficient oxygen supply to maintain tissue oxygenation. Disposable oxygen masks are mostly used in clinical settings because they can be easily disposed of after use, reducing the risk of infection and the need for cleaning. The increasing incidence of respiratory infections and other conditions and growing number of geriatric individuals are key factors driving the market growth.
The increasing incidences of respiratory diseases are contributing towards the growth of the Global Disposable Oxygen Masks Market. For instance- as per the European Respiratory Society estimates - In 2020, around 36,580,965 individuals were affected with Chronic obstructive pulmonary disease (COPD), and as per projections, this number would reach 49,453,852 by 2050. Furthermore, the rising number of geriatric individuals is another factor accelerating the market growth. According to the World Bank Group, the world's old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. Also, growing advancements in disposable oxygen masks and rising healthcare infrastructure in developing economies would create lucrative growth opportunities for the market over the projected period. However, growing competition, availability of substitute products as well as stringent regulations towards the use of plastic impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Disposable Oxygen Masks Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players as well as presence of well-established healthcare infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, as well as growing spending towards healthcare infrastructure in countries such as India & China in the region would offer lucrative growth opportunities for the market over the projected period.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable