Oxygen Conservation Devices/Systems Market Is Expected To Reach $2.21 Billion With A CAGR Of About 12.2% By 2025| Grand View Research Inc
San Francisco, 21 June 2019: The Report Oxygen Conservation Devices/Systems Market Analysis Report By Product (Reservoir Oxygen Delivery Devices, Electromechanical Pulsing Devices, Transtracheal Catheters), By End-use, And Segment Forecasts, 2018 – 2025 The global Oxygen Conservation Devices/Systems market is expected to reach USD 2.21 billion by 2025, according to a new report by Grand View Research, Inc. Growing prevalence of respiratory diseases is expected to boost the adoption of oxygen conservation devices. According to the Global Asthma Network, nearly 334 million people are affected by asthma worldwide. This shows the potential demand for these devices in the coming years. According to the WHO, rise in the incidence of COPD and other respiratory disorders is anticipated to boost the demand for oxygen therapy and consequentially increase the adoption of these products. Furthermore, factors such as increasing indoor & outdoor pollution and changing lifestyle contribu