Recreational oxygen is also called as consumer oxygen that is used to improve brain functioning and also to advance athletic endurance. The medical oxygen cannot work at the place of recreational oxygen since the medical oxygen is used to treat purposes and is measured by the FDA as a therapy. The equipment used for the delivery of recreational oxygen is known as recreational oxygen equipment. The portable oxygen devices have been affordable and support a movable lifestyle that is extended to a broader range of people using recreational oxygen.
MARKET DYNAMICS
Recreational oxygen equipment market is anticipated to grow in the forecast period owing to driving factors such as fast rising pollution across the globe, high prevalence of Obesity Hypoventilation Syndrome (OHS) and respiratory diseases along with unhealthy lifestyle, and technological advancements associated with the equipment of recreational oxygen. Moreover, increasing geriatric population is boosting the demand for home-based oxygen therapy is also offering opportunity in the market growth during the forecast period.
MARKET SCOPE
The "Global Recreational Oxygen Equipment Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of recreational oxygen equipment market with detailed market segmentation by product, application, and geography. The global recreational oxygen equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading recreational oxygen equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global recreational oxygen equipment market is segmented on the basis of product and application. Based on product, the market is segmented as oxygen concentrators, oxygen bar equipment, and others. Based on application, the market is segmented as medical, athletics/sports, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global recreational oxygen equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The recreational oxygen equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting recreational oxygen equipment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the recreational oxygen equipment market in these regions.
MARKET PLAYERS
The report covers key developments in the recreational oxygen equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from recreational oxygen equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for recreational oxygen equipment in the global market. Below mentioned is the list of few companies engaged in the recreational oxygen equipment market.
The report also includes the profiles of key recreational oxygen equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Koninklijke Philips N.V.
- Oxygen Plus, Inc.
- 2ND WIND OXYGEN BARS
- Boost Oxygen, LLC
- CAIRE Inc.
- Invacare Corporation
- Pure O2 Ltd
- Chart Industries
- DeVilbiss Healthcare LLC
- Inogen