Global Oxygen Flow Meters Market Size
Healthcare Services

The Oxygen Flow Meters Market Share, Market Size, And Growth Rate 2022

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The oxygen flow meters market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!


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The Oxygen Flow Meters Market Size In 2022 And Forecast

The global oxygen flow meters market is expected to grow from $1.39 billion in 2021 to $1.53 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The oxygen flow meters market is expected to grow to $2.01 billion in 2026 at a CAGR of 7.1%.


The oxygen flow meter market consists of sales of oxygen flowmeters by entities (organizations, sole traders, and partnerships) that are used to measure and regulate the amount of oxygen delivered to patients who are receiving oxygen therapy.


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Increase In Number Of COVID-19 Cases Is Driving The Growth Of The Oxygen Flow Meters Market

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.


Competitive Landscape And The Regional Analysis Of The Oxygen Flow Meters Market

Major players in the oxygen flow 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.


Additionally, as per TBRC’s research – North America was the largest region in the oxygen flow meters market in 2021 holding the largest market share.


The Oxygen Flow Meters Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oxygen flow meters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the oxygen flow meters market.


New Product Developments – A Key Trend In The Oxygen Flow Meters Market

Major companies operating in the oxygen flowmeters sector are focused on new product innovations to meet consumer demand and strengthen their position.


Oxygen Flow Meters Market Segmentation By The Business Research Company

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


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