Oxygen Therapy Market: Global Industry Analysis and Forecast 2016 - 2024

According to the World Health Organization (WHO), total COPD-related mortality are anticipated to increase by 30% in the next decade, necessitating the use of oxygen therapy as a treatment option. COPD, on the other hand, is expected to be the third most deadly disease in the world by 2024, expanding the demand for oxygen therapy.

The increased demand for technologically improved systems, such as portable oxygen concentrator systems, has also aided the expansion of the worldwide oxygen therapy market. Pulse oximetry devices and nasopharyngeal oxygen treatment are two important developments.

Oxygen therapy is a medical intervention that uses oxygen gas to treat acute or chronic patients. It is necessary for diverse cell processes, and tissue oxygenation is required for appropriate physiological function. When the blood oxygen levels are low, oxygen treatment is used. It can be given in a variety of methods, ranging from nasal to hyperbaric oxygen in a sealed room.

To comprehend how oxygen treatment is used, we must first comprehend the respiratory system. The respiratory system is a collection of organs and tissues that aid in the process of breathing. The respiratory system is made up of the lungs, the nose passage, and the wind pipe.

The wind pipe transports air from the nose or mouth to the lungs via the bronchi. The bronchi divides into multiple tubes known as bronchioles, which in turn divide into tiny air sacs known as alveoli. These tiny air sacs are surrounded by a network of blood vessels known as capillaries, which are linked to various arteries and veins that transport oxygen throughout the body.

Pneumonia, cystic fibrosis, asthma, dysplasia, heart failure, sleep apnea, lung diseases, and COPD are examples of acute or chronic illness conditions that disrupt the passage of oxygen from alveoli to the blood (chronic obstructive pulmonary disease). The administration of oxygen treatment is based on the results of an arterial blood gas test and a pulse oximetry test.