Recreational Oxygen Equipment Market, by Product Type (Oxygen Concentrator, Oxygen Bar, and Others), by Application (Medical, Athletes/Sport, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Recreational oxygen is the pure oxygen, which differs from medical oxygen and is majorly used by athletes, sportsperson, trekkers who visit high altitude locations, geriatrics to recover the stress in the body due to exertion. This recreational oxygen improves stamina, and boost energy wherever needed. It is also used to improve athletic endurance and enhances brain functioning. Growing interest of the population in sports, athletics, and gymnasium are expected to increase the demand of recreational oxygen equipment, in order to provide pure oxygen during these exercises to improve tolerance. Various recreational oxygen equipment such as oxygen concentrator, oxygen bars, oxygen inhalers, and other products are available in the market.
Market Dynamics
Increasing launches of recreational oxygen equipment such as oxygen concentrators is expected to drive growth of the recreational oxygen equipment market over the forecast period. For instance, in August 2021, Caire Inc launched its portable oxygen concentrator, the FreeStyle Comfort. The devices is designed to deliver oxygen quickly in the early stages of the breath, and also reduces the skipped breaths. Novel Federal Aviation Administration (FAA) approved device can be used on commercial air flights.
Moreover, increasing medical application of the recreational oxygen concentrators due to increasing prevalence of pulmonary disorders such as asthma, chronic bronchitis, chronic obstructive pulmonary disease (COPD), and pneumonia, which require oxygen therapy are expected to drive the recreational oxygen equipment market growth over the forecast period. For instance, according to the World Health Organization’s estimation report in December 2017, around 251 million cases of COPD were diagnosed globally in 2016.
Key features of the study:
This report provides in-depth analysis of the global recreational oxygen equipment market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global recreational oxygen equipment market based on the following parameters – company overview, financial performance, technology portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include Boost Oxygen, LLC, CAIRE Inc. (AirSep), Chart Industries, DeVilbiss Healthcare LLC, Inogen, Inc., Oxygen Plus, Inc., Pure O2 Ltd, Invacare Corporation, Oxyzens, Philips Healthcare, Zadro Health Solutions, and 2ND Wind Oxygen Bars
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future technology launches, government initiatives, technological upgradation, market expansion, and marketing tactics
The global recreational oxygen equipment market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers for global recreational oxygen equipment market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Recreational Oxygen Equipment Market, By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
Global Recreational Oxygen Equipment Market, By Application:
Medical
Athletes/Sport
Others
Global Recreational Oxygen Equipment Market, By Region:
North America
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country:
U.S.
Canada
Europe
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
Asia Pacific
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
Latin America
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Oxygen Concentrator
Oxygen Bar
Others
By Application:
Medical
Athletes/Sport
Others
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Boost Oxygen, LLC*
Company Overview
Technology Portfolio
Financial Performance
Recent Highlights
Strategies
CAIRE Inc. (AirSep)
Chart Industries
DeVilbiss Healthcare LLC
Inogen, Inc.
Oxygen Plus, Inc.
Pure O2 Ltd
Invacare Corporation
Oxyzens
Philips Healthcare
Zadro Health Solutions
2ND Wind Oxygen Bars
“*” marked represents similar segmentation in other categories in the respective section.
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