DUBLIN, July 23, 2021 /PRNewswire/ — The “Oxygen Conserving Devices – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Oxygen Conserving Devices estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 10.8% over the analysis period 2020-2027.
Reservoir Oxygen Delivery Devices, one of the segments analyzed in the report, is projected to record a 11.3% CAGR and reach US$899.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electromechanical Pulsing Devices segment is readjusted to a revised 11.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $323.7 Million, While China is Forecast to Grow at 14.3% CAGR
The Oxygen Conserving Devices…