Oxygen Conserving Devices Market Growth 2019 - 2027

Shrikant Mandlik03 Oct, 2022Health

Over the past couple of decades, the healthcare sector has witnessed a considerable amount of development, owing to the advent of new technologies, unmet needs, mounting demand for improved medication & treatment, and the onset of an array of medical devices. Oxygen therapy is considered the most reliable and effective treatment for patients suffering from chronic obstructive pulmonary diseases (COPD) and hypercapnic chronic respiratory diseases. Multiple studies have shed light on how oxygen therapy has played an imperative role in improving dyspnea and offer relief from several conditions linked with hypercapnic chronic respiratory diseases, including pulmonary hypertension. Despite significant progress, at present, prescribing and advising patients about how oxygen can be utilized for home therapy continue to pose as a challenge for physicians. In the current scenario, a host of oxygen conserving devices and techniques have entered the market, which are increasingly being used as a