Global Disposable Oxygen Masks Market Size To Worth USD 3.658 Billion By 2033 | CAGR of 8.44%
Category: HealthcareGlobal Disposable Oxygen Masks Market Size To Worth USD 3.658 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Disposable Oxygen Masks Market Size is Expected to Grow from USD 1.627 Billion in 2023 to USD 3.658 billion by 2033, at a CAGR of 8.44% during the forecast period 2023-2033.
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Browse key industry insights spread across 199 pages with 110 Market data tables and figures & charts from the report on the "Global Disposable Oxygen Masks Market Size, Share, and COVID-19 Impact Analysis, By Oxygen Mask Type (Pediatric Disposable Oxygen Masks and Adult Disposable Oxygen Masks), By End-User (Home Care Settings, Clinics, Ambulatory Surgical Centers (ASCs), and Hospitals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/disposable-oxygen-masks-market
The disposable oxygen mask market is a growing industry that manufactures and commercializes single-use masks for patients suffering from respiratory diseases. These medical-grade masks, made from materials like silicone, rubber, or plastic, are widely used in government and private hospitals. They cover the mouth and nose with elastic straps and adjustable nose clips for a better fit. The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD), necessitates external oxygen, leading to increased demand for disposable oxygen masks. The Australian Institute of Health and Welfare reported that in 2022, around 638,000 people in Australia were living with COPD, and 53,000 people were hospitalized for COPD diagnoses in 2021-2022. Government initiatives, such as financial support for bulk manufacturing plants, drive market growth. The US government has allocated funds to support medical device research and development, with initiatives like Biomedical Advanced Research and Development Authority (BARDA) and National Institutes of Health (NIH) aiding early-stage innovation. Collaborations between government agencies, academic institutions, and private companies are growing. The medical device market is expected to develop further, necessitating flexible rules in the ever-changing healthcare environment due to the increasing number of chronic conditions, geriatric population, and minimally invasive operations. However, research focus on the eco-friendly products of the oxygen masks limits the market growth.
The adult disposable oxygen masks segment held the largest share of 71.22% in 2023 and is predicted to grow at a substantial CAGR during the predicted period.
Based on the oxygen mask type, the global disposable oxygen masks market is categorized as pediatric disposable oxygen masks and adult disposable oxygen masks. Among these, the adult disposable oxygen masks segment held the largest share of 71.22% in 2023 and is predicted to grow at a substantial CAGR during the predicted period. The growth of this segment is driven by the increasing prevalence of respiratory diseases in adults, the use of high-quality disposable oxygen masks, patient convenience, sterilization, consistent oxygen flow, ease of use, and customizable fit features, ensuring a high-quality product.
The hospitals segment dominated the market with 56.35% of the share in 2023 and is expected to grow at a remarkable CAGR throughout the projected timeframe.
Based on the end-user, the global disposable oxygen masks market is categorized as home care settings, clinics, ambulatory surgical centers (ASCs), and hospitals. Among these, the hospitals segment dominated the market with 56.35% of the share in 2023 and is expected to grow at a remarkable CAGR throughout the projected timeframe. The segmental expansion is driven by increasing demand for in-patient and out-patient services, disposable oxygen masks in emergency care and intensive care units, and increased patient admissions in both government and private hospitals. Chronic disease cases like COPD, asthma, pneumonia, and cardiovascular diseases also contribute to this expansion.
North America is expected to hold the greatest share of the global disposable oxygen masks market over the forecast period.
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North America is expected to hold the greatest share of the global disposable oxygen masks market over the forecast period. The market in North America is primarily driven by respiratory disorders, modern healthcare infrastructure, and significant healthcare expenditure. The United States, with its effective healthcare system and demand for innovative medical products, contributes significantly. The presence of prominent market participants and continuous research and development efforts encourage market expansion.
Asia Pacific is predicted to hold the fastest-growing region of the global disposable oxygen masks market throughout the estimated period. The disposable oxygen masks market is growing due to significant healthcare infrastructure investments and the increasing geriatric population. Japan, India, and China are major contributors. Awareness of respiratory diseases, advanced healthcare facilities, collaborations among distributors, vendors, and hospitals, and technological advancements contribute to this growth.
Major key players in the global disposable oxygen masks market are Allied Healthcare Products, Inc., Invacare Corporation, Cardinal Health, Besmed Health Business Corp., Intersurgical Ltd., Becton, Dickinson and Company, Fisher and Paykel Healthcare Corporation Limited, Teleflex Incorporated, Westmed, Inc., Vyaire Medical, Inc., Dynarex Corporation, Flexicare Medical Limited, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2021, Vyaire Medical introduced the AirLife™ Open oxygen mask, a low-flow oxygen therapy device designed to improve patient satisfaction and standard of care. The mask combines a traditional nasal cannula, an oxygen mask, and non-rebreather benefits in a single device. Its unique geometry maintains higher oxygen concentrations without obtrusive structures, distributing oxygen flow through unique jet orifices. This creates a soft curtain of oxygen around the nose and mouth, reducing the risk of rebreathing carbon dioxide. The mask allows patients to drink, eat, and communicate without removing it, delivering uninterrupted oxygen therapy.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global disposable oxygen masks market based on the below-mentioned segments:
Global Disposable Oxygen Masks Market, By Oxygen Mask Type
- Pediatric Disposable Oxygen Masks
- Adult Disposable Oxygen Masks
Global Disposable Oxygen Masks Market, By End-User
- Home Care Settings
- Clinics
- Ambulatory Surgical Centers (ASCs)
- Hospitals
Global Disposable Oxygen Masks Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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