The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s oxygen low meters market report forecasts the oxygen low meters market size to grow to $2.31 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Oxygen Flow Meters Market Report 2023 – https://www.thebusinessresearchcompany.com/report/oxygen-flow-meters-global-market-report

Oxygen Flow Meters Market Size Forecast
The global oxygen low meters market is expected to grow from $1.54 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oxygen flow meters market size is expected to grow to $2.31 billion in 2027 at a CAGR of 8.2%.

North America held the largest oxygen low meters market share.

Key Oxygen Flow Meters Market Driver ­– Increase In Number Of COVID-19 Cases In The World
For instance, according to the Worldometer, a US-based reference website that provides live world statistics, the total new COVID-19 cases found on 25th April 2022 is 510 million, has jumped to 511 million on 27th April 2022. Therefore, the increasing number of COVID-19 cases drives the oxygen flowmeter market.

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Key Oxygen Flow Meters Market Trend – New Product Developments
Major companies operating in the oxygen flowmeters sector are focused on new product innovations to meet consumer demand and strengthen their position. For instance, In August 2021, Guangzhou Aosong Electronics Company Ltd., a China-based manufacturer of temperature and humidity sensors, launched a new intelligent digital gas mass flow meter based on advanced semiconductor technology. This product features high sensitivity, a versatile output mode, and a wide range of stability. The AMS2106 uses thermal mass flow measurement without the need for additional temperature and pressure correction from the client, ensuring high-precision flowmeter calculations, high sensitivity, and the ability to quickly detect the minimum starting flow rate and begin the calculation.

Oxygen Flow Meters Market Segment
1) By Type: Double Flange Type, Plug-in Type, Other Types
2) By Calibration Type: Automatic, Manual
3) By Application: Healthcare, Industrial, Aerospace, Chemical, Other Applications

Oxygen Flow Meters Market Major Players and Strategies
Major players in the oxygen low meters market are D.Z. Medicale S.r.l., Heyer Medical AG, Ohio Medical Corporation, Megasan Medical, Precision Medical Inc., HERSILL, Penlon Ltd., BURAK Metering Pvt. Ltd., Amcaremed Technology Co. Limited, Dwyer Instruments Ltd., Burak Metering, Deluxe Industrial Gases, Sumukha Meditek, and Ashish Engineering.

In January 2022, ICU Medical Inc., a US-based medical company, acquired Smiths Medical for an undisclosed amount. With this acquisition, ICU Medical Inc will continue providing innovation, quality, and value to clinical customers worldwide. Smiths Medical is a US-based company that provides oxygen flow meters.

The Oxygen Flow Meters Global Market Report 2023 covers regional data on oxygen low meters market size, oxygen low meters market trends and drivers, opportunities, strategies, and oxygen low meters market competitor analysis. The countries covered in the oxygen low meters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The oxygen flow meter measures and regulates the amount of oxygen delivered to patients who are receiving oxygen therapy. It can not only accurately detect the flow of oxygen in real-time, but it can also keep healthcare providers informed about a patient’s oxygen absorption status. Oxygen flowmeters are now routinely utilized in hospitals at all levels.

View More Reports Related To The Oxygen Flow Meters Market –
Oxygen Concentrators Global Market Report 2023
Oxygen Global Market Report 2023
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