Published Date : Jul 05, 2016
ALBANY, NY, July 05, 2016: MarketResearchReports.biz has announced the addition of a report, titled “Consumer Oxygen Equipment: Market Shares, Strategy, And Forecasts, Worldwide, 2016 To 2022.” The report covers the market’s competitive landscape and its growth prospects over the years. A comprehensive overview of the global consumer oxygen equipment market, including its definition, specifications, classification, application, and industry chain structure, is presented in the report. According to the report, the market is expected to be driven by the high use of consumer oxygen equipment by athletics and sports teams. Consumer oxygen equipment is also expected to be incorporated in gyms.
The consumer oxygen equipment market is still in its early days. It is found that the excess of carbon dioxide found in the tissues of normal, healthy people can lead to various health issues. In overweight people, carbon dioxide in the body gets built up. This is because all the cells in the body create carbon dioxide. When there are too many cells, the amount of carbon dioxide produced will also be more, excess of which, is toxic. Thus, there is a need to balance the carbon dioxide in the body with oxygen. Excess of carbon dioxide in the body can only be balanced by supplemental oxygen. Oxygen absorbs carbon dioxide and balances the oxygen-carbon dioxide ratio within the body.
In overweight people, there is insufficient oxygen in the lungs and blood hemoglobin which makes it difficult to eliminate the excessive carbon dioxide that has been produced in their bodies. In fact, it is quite possible for a person to be unable to get rid of the excess carbon dioxide despite the hemoglobin and lungs working to their fullest capacities. This is due to insufficient oxygen supply. Thus, the use of supplemental oxygen becomes necessary. In actual fact, it may be required to use supplemental oxygen even when the pulse oximeter reads normally for a person. Thus, the supplemental oxygen equipment market is expected to rise from US$3.9 mn in 2015 to reach US$2.8 bn 2022.
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The human body does not benefit from too much of oxygen or carbon dioxide – just the right amount of both is necessary. Athletes make use of supplemental oxygen after a strenuous physical exercise because they can feel the imbalance between oxygen and carbon dioxide ratio inside their body. There is also an increased demand for smaller, lighter technology consumer oxygen equipment by people who exercise, go to gyms, and clubs. This will boost the global consumer oxygen equipment market.
Consumers are increasingly demanding portable consumer oxygen devices that offer mobility support for joggers, bike riders, and aged people. Manufacturers such as Boost Oxygen, Oxygen Plus, AirSep, Invacare, are striving to satisfy customer demands. Other key companies that are developing innovative products in the consumer oxygen equipment market include: Philips Respironics, Chart / Caire / SeQual, 2nd Wind Distributors, Dräger, Summit Oxygen, and Zoom.
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