August 8th, 2022 Coherent Market Insights Releases

Recreational oxygen Equipment is used for separating oxygen from nitrogen present in the air. This device also allows an individual to receive pure oxygen. Recreational oxygen is also called canned oxygen and this does not require approval from regulatory authorities like EMA or U.S.FDA and others. Recreational oxygen is a main component for improving athletic performance and it also helps in enhancing the speed and endurance in muscle recovery.

Global recreational oxygen equipment market, estimated to be valued at $ 2,832.3 Mn in 2019, and is estimated to exhibit a CAGR of 16.7% over the forecast period.

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Rising new technological advancements for supporting medical and recreational oxygen equipment is anticipated to boost growth of the global recreational oxygen equipment market over the forecast period. For instance OxyGo LLC, launched OxyGo FIT Connect, an oxygen concentrator which is Bluetooth enabled and portable. This latest platform allows healthcare professionals in enhancing the outcomes of patients using a wireless platform. Furthermore, Inogen Connect was launched by Inogen, Inc. in December 2018, which is a wireless platform used for a portable oxygen concentrator, Inogen One G4.

Rising launches and approvals is estimated to fuel growth of the global recreational oxygen equipment market during the forecast period. For instance, Philips’ SimplyGo Mini, is a portable oxygen concentrator has gained approval from Federal Aviation Administration’s for use in aircrafts. This approval is estimated to increase SimplyGo Mini’s revenue over the forecast period.

Furthermore, Oxygen Plus (O+) was developing and manufacturing recreational oxygen and they launched their O+ Biggi, in September 2017. This new device has a unique way of delivering and it has been designed to deliver pure oxygen for boosting immunity. The O+ Biggi contains pure oxygen for providing energy, it consists of almost 180 breaths of pure oxygen.

Increasing awareness regarding respiratory care devices in developing economies is estimated to propel growth of the global recreational oxygen equipment market during the forecast period. Furthermore, increasing incidences of chronic obstructive pulmonary diseases within the geriatric population is anticipated to boot growth of the global recreational oxygen equipment market during the forecast period. For instance, in 2016, the World Health Organization (WHO), reported that globally 251individuals are suffering from chronic obstructive pulmonary diseases.

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The global recreational oxygen equipment market is anticipated to exhibit a CAGR of 16.7% over the forecast period, due to rising product launches. For instance, Inogen One G5, a portable oxygen concentrator was launched by Inogen, Inc. INGN in April 2019, this product could be used in homes and it has the capability to produce huge amounts of oxygen.

Rising adoption of acquisitions by major players is estimated to augment growth of the global recreational oxygen equipment market during the forecast period. For instance, Chart Industries, Inc. was acquired by NGK Spark Plug Co., in October 2018.

Key players active in the global recreational oxygen equipment market are Zadro Health Solutions, CAIRE Inc. (AirSep), Philips Healthcare, Boost Oxygen, LLC, Boost Oxygen, LLC, Inogen, Inc., DeVilbiss Healthcare LLC, Oxyzens, Pure O2 Ltd, Chart Industries and Invacare Corporation.

Reasons to buy this Recreational Oxygen Equipment Market Report

◘ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Recreational Oxygen Equipment Market

◘ Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Recreational Oxygen Equipment Market

◘ Leading company profiles reveal details of key Recreational Oxygen Equipment Market players emerging five operations and financial performance

◘ Add weight to presentations and pitches by understanding the future growth prospects of the emerging Recreational Oxygen Equipment Market with five year historical forecasts

◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region

The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Recreational Oxygen Equipment Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Recreational Oxygen Equipment Market are also given.

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