Oxygen Therapy Equipment Market Overview, Industry Growth Statistics and Global Forecast Till 2023

Market Overview:

The global Oxygen Therapy Equipment Market is expected to register a growth of significant CAGR 8.9% during the forecast period (2018–2023). Increasing prevalence of respiratory diseases, rising healthcare expenditure, growing geriatric population and favorable reimbursement policies are the drivers for the global oxygen therapy device market. However, factors such as high cost of oxygen concentrators and side effects implicated by the oxygen therapy devices restraints the market growth during the forecast period.

Major players in the global oxygen therapy equipment market are also profiled in the report to provide readers with a comprehensive overview of the market’s competitive landscape. Major economic factors affecting the global oxygen therapy equipment market are also studied in the report to provide readers with an accurate insight into the oxygen therapy equipment market’s likely growth trajectory over the forecast period.

Key Players:

·         Medicop DOO

·         Messer Medical Austria GmbH

·         Essex Industries Inc

·         Allied Healthcare Products Inc

·         Fisher & Paykel Healthcare Corporation Limited

·         Invacare Corporation

·         Teleflex Inc

·         Dragerwerk AG & Co

·         Smiths Medical

·         Taiyo Nippon Sanso Corporation

Segmentation:

The global oxygen therapy equipment market is segmented on the basis of product type, portability, application, end use, and region.

By product type, the global oxygen therapy equipment market is segmented into oxygen source equipment and oxygen delivery devices.

By portability, the oxygen therapy equipment market is segmented into stationary and portable oxygen therapy devices.

By application, the market is segmented into cystic fibrosis, asthma, COPD, pneumonia, respiratory distress syndrome, and others.

By end use, the market is segmented into home care, hospitals, ambulatory surgical centers and physician offices, and others.

Dental Surgical Instruments Market Growth Values, Business Dynamics and Industry Forecast to 2023

Market Synopsis:

It is estimated that the global Dental Surgical Instruments Market is valued at $4,230 million in 2017, supported by a CAGR of 6.0% during the forecast period of 2018–2023.

Dental caries is the most common type of periodontal disease. Increasing oral health problems among people are expected to increase the demand for dental surgical instrument, which is likely to enhance the market growth during the assessment period.

But the high cost of these instruments can play spoilsport for the dental surgical instrument market growth. However, investors are joining in the trend to expand the scope for market percolation and ensure better competition to take down the price significantly.

Competitive Landscape:

·         A-Dec Inc

·         3M Company

·         B. Braun Melsungen AG

·         AMD Lasers

·         Brasseler USA

·         Biolase

·         Coltene Holding AG

·         CAO Group

·         Dentsply Sirona Inc

·         Danaher Corporation

Segmentation:

·         The global dental surgical instruments market has been segmented into product type, therapeutic area, and end user.

·         The market, on the basis of product type, has been segmented into instruments, and consumables. Furthermore, instruments have been segmented into handheld instruments, handpieces, lasers, electrosurgical systems, ultrasonic instruments. Moreover, handpieces are segmented into air-driven handpieces, electric handpieces & hybrid handpieces and lasers are segmented into soft-tissue lasers, & all-tissue lasers

·         The market, by therapeutic area, has been segmented into restorative dentistry, orthodontics, endodontics, and others.

·         The market, by end user, has been segmented into hospitals and dental clinics and others.

Regional Analysis:

·         The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The dental surgical instruments market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada. US accounting for the largest market share, owing the higher adoption of various dental surgical devices coupled with the presence of technologically advanced products and presence of major manufacturers. The European dental surgical instruments market accounted for the second largest share. Asia-Pacific expected to be fastest growing region during the forecast period due to countries such as India, China, and others are developing at a very high rate and striving to bring new and advanced medical technologies to their nation.

Increasing Awareness About Pet’s Health to Fuel the Global Veterinary Dental Equipment Market

Veterinary Dental Equipment Market: Overview

The global Veterinary Dental Equipment Market stood at a revenue of USD 312 million and to witness robust growth at a CAGR of 9.5% during the forecast period. This growth of the market is predicted on the back of the increasing prevalence of periodontal diseases in animals.

The trend of adopting the companion animal and increasing spending on their advanced healthcare facilities are driving growth of the global veterinary dental equipment market. The data suggested by the American Pet Products Association (APPA) explains that around 65% of the US population owns a pet and their expenditure in 2015 was around USD 60.3 billion. This data represents increasing awareness about the pet’s health, which is likely to offer several opportunities for growth in coming years as well.

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Veterinary Dental Equipment Market-Competitive Analysis:

·         Acteon Group

·         Cislak Manufacturing

·         Charles Brungart

·         Dentalaire

·         Eickemeyer

·         Dispomed

·         Henry Schein

·         Integra Lifescience

·         iM3 Pty Ltd

·         J & J Instruments

·         Midmark Corporation

·         MAI Animal Health

Segmentation:

·         The global veterinary dental equipment market is segmented based on product, end user, animal type, and region.

·         The global market for veterinary dental equipment, by product, is segmented into equipment, consumables, hand instruments, and others. Of these, the equipment segment is further segmented into dental lasers, electrosurgical units, dental x-ray systems, dental stations, and powered units. The dental x-ray systems segment is further segregated into mobile dental x-ray systems and stationary dental x-ray systems. The dental stations segment is separate into countertop dental stations, mobile cart dental stations, and wall-mounted dental stations.

·         By animal type, the market is segmented into companion animals, large animals, and others.

·         By end user, the market is segmented into veterinary clinics, veterinary hospitals, research & academic institutes, and others.

Regional Analysis:

Regionally, the veterinary dental equipment market is segmented into the Americas, Asia Pacific, Europe, and Middle East & Africa. Of these, the Americas dominated the overall market in 2017 and the region is estimated to remain dominant in the global veterinary dental equipment market in the coming period owing to the increasing expenditure on the pet’s wellbeing. Additionally, the strong presence of major players coupled with availability of pet’s health insurance are driving growth of the global veterinary dental equipment market in the region.

Additionally, the market in Europe is estimated to stand on the second leading position in the global market for veterinary dental equipment owing to increasing prevalence of periodontal diseases in the region. For instance, a study published in PLOS ONE, suggested that around 60.0% of companion dogs had periodontitis, 33.8% had missing teeth, and 61.3% had calculus in the Czech Republic. Such data represent the huge need for advanced dental healthcare facilities for pets and which is likely to result to surge in growth of the global veterinary dental equipment market in coming years.

However, the Asia Pacific is estimated to be the fastest growing region in the year 2017 and likely to remain same during the forecast period owing to increasing awareness about animal healthcare.

Industry News:

In 2019, Midmark Corp. recently announced that the company has acquired Mason Company. Through this acquisition, the Midmark is looking to expand its product portfolio and its ability to work closely with our channel partners along with reach to their customers. Additionally, with architectural and design expertise of Mason, the company will improve its product for wellbeing of pets.

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