The global disposable oxygen masks market has the potential to grow by USD 1.1 billion during 2019-2023, and the market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the market by product (adult-size disposable oxygen masks and pediatric-size disposable oxygen masks) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market players, including Allied Healthcare Products Inc., Dynarex Corp., Intersurgical Ltd., Mada Medical Products Inc., McKesson Corp., Medline Industries Inc., Salter Labs, Teleflex Inc., Vyaire Medical Inc., and Westmed Inc.
Market Overview
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Market Competitive Analysis
The market is fragmented, and the degree of fragmentation will remain the same during the forecast period. Vendors are increasing their focus on innovating disposable oxygen masks with advanced designs, material improvements, and increasing comfort and efficiency. Allied Healthcare Products Inc., Dynarex Corp., and Intersurgical Ltd. are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, limitations, and drawbacks of disposable oxygen masks will challenge the growth of the market participants. To make the most of the possibilities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this disposable oxygen masks market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, the report also includes information on the upcoming disposable oxygen masks market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This disposable oxygen masks market analysis report provides information on the production, sustainability, and prospects of several leading disposable oxygen masks companies, including:
- Allied Healthcare Products, Inc.
- Dynarex Corp.
- Intersurgical Ltd.
- Mada Medical Products, Inc.
- McKesson Corp.
- Medline Industries Inc.
- Salter Labs
- Teleflex Inc.
- Vyaire Medical Inc.
- Westmed Inc.
Disposable Oxygen Masks Market: Segmentation by Region
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The strong presence of established vendors and the rising prevalence of stroke and myocardial infarctions have increased the adoption of disposable oxygen masks in North America. The increasing public and private healthcare expenditure is also fueling market growth in the region.
Nearly 42% of the market growth will originate from North America during the forecast period. The US is the critical market for disposable oxygen masks in the region. The Medicare Fee-For-Service Program in the US also covers oxygen delivery equipment, including oxygen masks. However, market growth in this region will be slower than the growth of the market in Asia.
Disposable Oxygen Masks Market: Segmentation by Product
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The rising prevalence of respiratory diseases, myocardial infarctions, and strokes among adults have increased the demand for adult-size disposable oxygen masks. This is encouraging vendors to incorporate the latest technologies and new materials in the development of adult-size disposable oxygen masks.
Market growth in this segment will be faster than the growth of the market in pediatric-size disposable oxygen masks segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the disposable oxygen masks market size.
Disposable Oxygen Masks: Key Drivers and Trends
There is a shift in the preference of healthcare facilities toward the adoption of disposable oxygen masks over reusable oxygen masks. Disposable oxygen masks lower the risk of transmission of infections and diseases as they are discarded after use. Also, disposable oxygen masks eliminate the need for reprocessing, cleaning, and sterilization, which results in cost savings. Because of such benefits, the adoption of disposable oxygen masks has increased among end-users. The rising demand for disposable oxygen masks over reusable oxygen masks is one of the critical factors that will influence market growth over the forecast period.
- To increase their disposable oxygen masks market share, vendors have started adopting various marketing strategies.
- Market players are entering into agreements with group purchasing organizations (GPOs) to increase the sales of their products in hospitals.
- Several vendors are conducting clinical and health economics studies to document cost savings and benefits of their disposable oxygen masks. This is helping vendors influence end-users to adopt their products.
- Many vendors are offering their products with discounts on e-commerce websites to drive sales.
- Online retailers are offering manufacturer warranty on several authentic products.
- Because of such factors, the market will register a CAGR of more than 11% during 2019-2023.
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Disposable Oxygen Masks Market: Key Highlights of the Report for the Forecast Period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the disposable oxygen masks market size during the next five years
- Precise estimation of the global disposable oxygen masks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the disposable oxygen masks industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of disposable oxygen masks vendors
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