Nasal Oxygen Tube Market to Reach USD 9.4 Billion by 2026 | Reports And Data

- Nasal Oxygen Tube Market Size- USD 4.4 Billion in 2018, Market Growth- CAGR of 7.7%, Nasal Oxygen Tube Industry trends- rise in chronic diseases worldwide is boosting the global Nasal Oxygen Tube market, Asia Pacific expected to register the highest CAGR during the forecast period- Increasing number of lifestyle disorders and chronic diseases across the world, along with high levels of medical development across the globe will drive the market at a high CAGR during the forecast periodNEW YORK, Oct. 28, 2019 /PRNewswire/ -- According to the current analysis of Reports and Data, the global Nasal Oxygen Tube marketA was valued at USD 4.4 Billion in 2018 and is expected to reach USD 9.4 Billion by year 2026, at a CAGR of 7.7%. The market for Nasal Oxygen Tube is growing out of critical customer needs. The nasal oxygen tube industry that has grown from its nascent to the advanced stages very rapidly. Nasal Oxygen Tube market can be divided into several segments and sub-segments. It includes services ranging from unskilled care to skilled nursing. The product range is also very wide, and so is the scope and need for specializations.High-flow nasal cannula (HFNC), under the Product Type segment, is expected to grow the fastest during the forecast period. High-flow nasal cannula (HFNC) oxygen therapy comprises an air/oxygen blender, an active humidifier, a single heated circuit, and a nasal cannula. It delivers adequately heated and humidified medical gas at up to 60 L/min of flow and is considered to have a number of physiological effects: reduction of anatomical dead space, constant fraction of inspired oxygen, and good humidification. Increasing paediatric healthcare need and a growing geriatric population worldwide are the main industry drivers. Coupled with these are the increasing incidences of chronic respiratory diseases like Chronic Obstructive Pulmonary Disease (COPD), asthma, pneumonia and so on. These diseases need urgent hospitalisation and care, and upon hospitalisation, patients require nasal oxygen tubing to restore their respiratory functions. Request free sample of this research report at:
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