Infant Oxygen Masks Market is Predicted to Attain USD 1.3 Billion by 2032; at a CAGR of 4.5% from 2023 to 2032 ; Report
Market Overview
According to a new report published by Allied Market Research, titled, “Infant Oxygen Masks Market,” The infant oxygen masks market was valued at $854.00 million in 2022, and is estimated to reach $1.3 billion by 2032, growing at a CAGR of 4.5% from 2023 to 2032.
CAGR: 4.5%
• Current Market Size: USD 854 Million
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2023- 2032
• Base Year: 2023
What is Boosting Infant Oxygen Masks Market ?
The global infant oxygen masks market is anticipated to witness growth from 2023 to 2032, propelled by heightened awareness among healthcare professionals and parents regarding the surge in respiratory diseases among infants, alongside an uptick in educational initiatives advocating the advantages of infant oxygen masks. Nevertheless, manufacturers face hurdles due to stringent regulatory demands, encompassing time, expenses, and the need for ongoing compliance with evolving standards, potentially impeding market expansion in the foreseeable future. Conversely, the ongoing enhancements in healthcare infrastructure present promising avenues for the infant oxygen masks market’s growth trajectory during the forecast period.
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Region: North America Market to Hold Major Share by 2032
In 2022, the North American infant oxygen masks market held the leading share at 36.3%, a position forecasted to persist through 2032. Projections suggest the region will sustain the highest Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This growth is primarily attributed to the escalating incidence of respiratory ailments among infants, such as bronchiolitis and pneumonia, necessitating oxygen therapy. Furthermore, advancements in healthcare infrastructure and investments in neonatal care facilities contribute to a greater availability of specialized medical equipment, including infant oxygen masks, to cater to the needs of newborns.
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the infant oxygen masks market analysis from 2022 to 2032 to identify the prevailing infant oxygen masks market opportunities.
- The infant oxygen masks industry research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the infant oxygen masks industry segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global infant oxygen masks market forecast.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global infant oxygen masks market trends, key players, market segments, application areas, and market growth strategies.
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Leading Players in the Infant Oxygen Masks Market:
- B Braun
- GINEVRI
- Ningbo David Medical Device
- Fanemx
- DISON Instrument&Meter
- Neokraft Medical
- SS Technomed
- GaleMed
- Plasti-med
- Medline
Key Findings of the Study
- Based on type, the with operation window sub-segment emerged as the global leader in 2022 and is anticipated to be the fastest growing during the forecast period.
- Based on application, the hospital sub-segment emerged as the global leader in 2022 and is predicted to show the fastest growth in the upcoming years.
- Based on region, Asia-Pacific registered the highest market share in 2022 and North America is predicted to show the fastest growth in the upcoming years.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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