Global Consumer and Recreational Oxygen Equipment Markets, 2023

2022-07-09 00:05:10 By : Ms. Amy WU

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DUBLIN , Sept. 15, 2017 /PRNewswire/ -- The "Consumer and Recreational Oxygen Equipment: Market Shares, Strategies, and Forecasts, Worldwide 2017 - 2023" report from Wintergreen Research, Inc has been added to Research and Markets' offering.

Consumer recreational oxygen equipment markets at $44.5 million in 2017 are anticipated to reach $2.1 billion dollars by 2023

Professional athletes drive the market initially. Growth is a result of demand for the smaller lighter technology already developed, already on the market, for use by people exercising. Oxygen equipment only gets less expensive, smaller, and easier to use. The market need by for oxygen generation devices at clubs and gyms is building even as portable devices provide greater mobility support for bike riders, joggers, and older people.

Supplemental oxygen is delivered in intermittently to accommodate sets or intervals of heavy exercise. Football players and basketball players use supplemental oxygen, just for a few breaths to catch their breath and improve their endurance in the middle toward the end of the game. People exercising in sports gyms or corporate gyms use supplemental oxygen judiciously. Old federal judges use supplemental oxygen, to improve the functioning of the brains and permitting them to keep working into their 100's.

Major factors driving the market for consumer oxygen include its ability to provide oxygen under all circumstances. The worldwide aging population. An increase in the number of people using sports gymsand corporate gyms provides the base for extension of the market. Advantages of newer stationary oxygen concentrator devices are that they weigh less, are somewhat quieter than toe older units, and are easy to use. They are generally affordable but reimbursement drives markets.

There has been a quantum improvement in the professional sports based consumer oxygen technology. Less weight, more power are the characteristics of the new stationary units. The huge jump in technology is illustrated by the effectiveness of the devices in providing improved athletic performance onthe field, ice ring, or tennis court among others.

1. Consumer Oxygen Equipment: Market Description and Market Dynamics

2. Consumer Oxygen Market Shares and Forecasts

4. Selected Consumer Oxygen Research and Technology

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