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Portable Oxygen Kit Market – An Overview
The global portable oxygen kit market is expected to witness strong growth during the forecast period between 2021 and 2031. Portable oxygen kits offer improved access to medical oxygen at residences to elderly populations who are suffering from different respiratory disorders. Portable oxygen kits contain stored medical oxygen which is offered to patients by using oxygen masks, oxygen breathers, and nasal tubes.
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COVID-19 pandemic affected numerous markets worldwide, but portable oxygen kits market witnessed positive growth during the pandemic phase. With increasing population sections contracting the virus across different age groups, demand for portable oxygen kits witnessed surge in demand at residences, globally. The increase in product demand positively impacted growth in overall portable oxygen kit market during the pandemic phase.
Portable Oxygen Kit Market – Trends and Opportunities
Rising prevalence of different chronic diseases such as asthma and COPD is the key growth driver of global portable oxygen kit market. Also, advancements to existing portable oxygen kits owing to surge in demand are anticipated to help create revenue-generating opportunities for well-established market players, in the coming years. In addition to this, government initiatives and measures, that spread awareness about different respiratory diseases and benefits of using portable oxygen kits could fuel product demand and stimulate the growth in global market, in the years ahead.
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Development in mhealth with advent of new applications that help order portable oxygen kits could assist the segment emerge as fastest growing market, in future. Other factors such as rising aging population and changing consumer lifestyles could also contribute…
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