Latin America Oxygen Therapy Market Price, Share, Report 2023-2028

Latin America Oxygen Therapy Market To Instill Great Adoption Rate With The Ever-Increasing Investment On Advanced Medical Devices During 2023-2028

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Oxigenoterapia, Informe y Pronóstico 2023-2028′, ofrece una amplia revisión de los factores que reflejan positivamente el panorama del mercado y explora los factores en términos de producto, aplicación, uso final, y las regiones clave. El informe también estudia las restricciones y los retos del mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con un análisis FODA. Asimismo, se evalúa el mercado en sobre la base de las tendencias pasadas y futuras y su influencia posterior en el algoritmo. El estudio incluye una investigación exhaustiva, que abarca indicadores de precios y agentes del mercado, ilustrando las repercusiones en la dinámica y las perspectivas del mercado.

The new report by Informes de Expertos titled, ‘Latin America Oxygen Therapy Market 2023-2028’ , provides a broad review of the factors that reflect positively on the market landscape and explores the factors in terms of product, application, end use, and key regions. The report also examines market constraints and challenges, based on Porter’s five forces models, along with a SWOT analysis. Furthermore, the market is assessed on the basis of past and future trends and their subsequent influence on the algorithm. The study includes extensive research, covering price indicators and market players, illustrating the impact on market dynamics and prospects.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

  • CAGR del Periodo de Pronóstico (2023-2028): 4,15%

La creciente prevalencia de enfermedades respiratorias crónicas, como la enfermedad pulmonar obstructiva crónica (EPOC) y el asma, es uno de los principales motores del mercado de la oxigenoterapia en Latinoamérica. A medida que la población latinoamericana envejece, aumenta el número de personas con problemas respiratorios relacionados con la edad, lo que impulsa la demanda de oxigenoterapia. Con más información y concienciación sobre los beneficios de la oxigenoterapia, más personas buscan tratamiento y la demanda de oxigenoterapia está creciendo en Latinoamérica.

Muchos países de América Latina están invirtiendo en infraestructuras sanitarias y ofreciendo ayudas económicas para el tratamiento de enfermedades respiratorias, lo que está impulsando el crecimiento del mercado de la oxigenoterapia. Además, el desarrollo de concentradores de oxígeno portátiles y otros dispositivos de oxigenoterapia innovadores está aumentando la accesibilidad y asequibilidad de la oxigenoterapia, lo que conduce a su creciente adopción en América Latina. Como resultado, las ventas y los ingresos adquiridos por el mercado en 2021 fueron de 275 millones de dólares.

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Industry Definition and Major Segments

Oxygen therapy is a medical treatment that involves the administration of oxygen to a person who has low oxygen levels in their blood. The therapy is usually done using a machine called an oxygen concentrator, which takes in air from the surrounding environment and filters out the nitrogen to deliver concentrated oxygen to the patient through a mask or nasal cannula. Oxygen therapy is used to treat a variety of conditions such as chronic obstructive pulmonary disease (COPD), sleep apnea, and pneumonia, among others.

By product, the market is widely categorised into:

  • Oxygen Source Equipment
    • Oxygen Cylinders
    • Oxygen Concentrators
    • Liquid Oxygen Devices
    • PAP Devices
  • Oxygen Delivery Devices
    • Oxygen Masks
    • Nasal Cannula
    • Venturi Masks
    • Non-Rebreather Masks
    • Bag Valve Masks
    • CPAP Masks
    • Others

Based on application, the market is classified into:

  • Chronic Obstructive Pulmonary Disease
  • Asthma
  • Obstructive Sleep Apnoea
  • Respiratory Distress Syndrome
  • Cystic Fibrosis
  • Others

Various end uses in the market include:

  • Home Health Care
  • Hospitals

Key regions covered include:

  • Brazil
  • Argentina
  • Mexico
  • Others

Market Trends

The growing popularity of portable oxygen concentrators is driving the market as they are more convenient and cost-effective compared to traditional oxygen tanks. Furthermore, the demand for home healthcare services, including oxygen therapy, is increasing as people prefer to receive medical treatment in the comfort of their own homes. This has led to the rising investment in healthcare infrastructure by governments in Latin America, that is supporting the betterment of healthcare infrastructure and the development of specialized respiratory care centres.

There is an increasing focus on non-invasive ventilation as an alternative to invasive mechanical ventilation for patients with respiratory distress, which is propelling the demand for oxygen therapy. Therefore, this is also shaping the awareness about respiratory diseases and their impact on quality of life which is further burgeoning the necessity for oxygen therapy as a treatment option.

Key Market Players

The major players in the market are:

  • Hersill S.L.
  • Philips Respironics, Inc.
  • DeVilbiss Healthcare LLC
  • Smiths Group plc
  • Inogen, Inc.
  • Teleflex Incorporated
  • Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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