Latin America Oxygen Therapy Devices Market was worth USD 0.25 billion in 2016 and estimated to be growing at a CAGR of 6.93%, to reach USD 0.49 billion by 2021. Oxygen therapy involves administering oxygen through an external device.
Oxygen Therapy devices are useful especially for people suffering from severe COPD or cystic fibrosis who suffer from chronically low oxygen levels in their body. Advantages of oxygen therapy also include increased mental stamina, aversion of heart failure, and an enhanced breathing pattern. The administration and supply of supplementary oxygen have turned into an indispensable part in the management of numerous diseases. Furthermore, oxygen therapy is applicable to numerous diseases, for example, asthma, respiratory distress syndrome, and obstructive sleep apnoea. Long-term oxygen treatments in patients suffering from chronic lung disease are believed to enhance the length and the quality of life.
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The growth of the Latin America oxygen therapy market is mainly driven by the rise in different respiratory diseases and the increasing awareness among general population regarding personal health. The Latin America region is expected to offer a lucrative market in the future due to the increasing elderly population who require home-based oxygen therapy. Furthermore, increasing application of oxygen supply is expected to further boost the growth of the market. Be that as it may, poor compensation and high cost of equipment are preventing growth of the market. Despite the fact that the Latin America oxygen therapy devices market is expecting hindrances due to a couple of restrictions, it will discover new development opportunities in growing economies.
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Market Segmentation
• 5.1 Product
• 5.1.1 Introduction
• 5.1.2 Oxygen Source Equipment
• 5.1.2.1 Oxygen Concentrators
• 5.1.2.1.1 Fixed Oxygen Concentrators
• 5.1.2.1.2 Portable Oxygen Concentrators
• 5.1.2.2 Liquid Oxygen Devices
• 5.1.2.3 Oxygen Cylinders
• 5.1.3 Oxygen Delivery Devices
• 5.1.3.1 Oxygen Masks
• 5.1.3.2 Nasal Cannulas
• 5.1.3.3 Venturi Masks
• 5.1.3.4 Non-Rebreather Masks
• 5.1.3.5 Bag Valve Masks
• 5.1.3.6 Other Devices
• 5.1.4 Y-o-Y Growth Analysis, By Product
• 5.1.5 Market Attractiveness Analysis, By Product
• 5.1.6 Market Share Analysis, By Product
Portability
• 5.2.1 Introduction
• 5.2.2 Stationary Oxygen Therapy Devices
• 5.2.3 Portable Oxygen Therapy Devices
• 5.2.4 Y-o-Y Growth Analysis, By Portability
• 5.2.5 Market Attractiveness Analysis, By Portability
• 5.2.6 Market Share Analysis, By Portability
Application
• 5.3.1 Introduction
• 5.3.2 Chronic Obstructive Pulmonary Disease
• 5.3.3 Asthma, Obstructive Sleep Apnea
• 5.3.4 Respiratory Distress Syndrome
• 5.3.5 Cystic Fibrosis
• 5.3.6 Pneumonia
• 5.3.7 Y-o-Y Growth Analysis, By Application
• 5.3.8 Market Attractiveness Analysis, By Application
• 5.3.9 Market Share Analysis, By Application
End User
• 5.4.1 Introduction
• 5.4.2 Home Care Settings
• 5.4.3 Hospitals
• 5.4.4 Ambulatory Surgical Centers & Physician Offices
• 5.4.5 Others
• 5.4.6 Y-o-Y Growth Analysis, By End User
• 5.4.7 Market Attractiveness Analysis, By End User
• 5.4.8 Market Share Analysis, By End User


The Latin America oxygen therapy devices market is segmented into product type, application and end user. On the basis of product, it is segmented into Oxygen Source Equipment, Cylinders, Concentrators, Liquid Oxygen Devices, PAP, Oxygen Delivery Device, Masks, Nasal Cannula, Venturi Mask, Non-Rebreather Mask, Bag Valve and CPAP. Oxygen source equipment are expected to grow at 11% CAGR It is attributed to the consolidation of this equipment in the extensive variety of uses as the first line of treatment. On the basis of application, it is segmented into Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnoea, Respiratory Distress Syndrome, Cystic Fibrosis, Pneumonia. Chronic obstructive pulmonary disease holds the largest share of the application segment and it is anticipated to grow lucratively at a CAGR of over 10.5% over the next five years. This is due to increasing popularity of supplemental administration in conjunction with first line treatments available for COPD. Moreover, this treatment includes faster response rates, reliability and portability, and above all improves chances of survival. On the basis of end use it is segmented into Home Healthcare and Hospitals. Home health care dominates the end-use segment, owing to the rise in elderly population coupled with increasing number of patients with low mobility and long-term care requirement in conditions such as Alzheimer’s disease.
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Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnoea, Respiratory Distress Syndrome, Cystic Fibrosis, Pneumonia. Chronic obstructive pulmonary disease holds the largest share of over 36.0% of the application segment and it is anticipated to grow lucratively at a CAGR of over 10.5% over the next five years. This is due to increasing popularity of supplemental administration in conjunction with first line treatments available for COPD. Moreover, this treatment includes faster response rates, reliability and portability, and above all improves chances of survival. On the basis of end use it is segmented into Home Healthcare and Hospitals). Home health care dominates the end-use segment with a significant share of over 70%, owing to the rise in elderly population coupled with increasing number of patients with low mobility and long-term care requirement in conditions such as Alzheimer’s disease.
The Latin America region is geographically segmented into Mexico, Argentina and Brazil. Latin America is expected to be a promising region for oxygen therapy devices and is stated to witness rapid growth in the coming years. Factors such as large elderly population, increasing economic growth, rapidly increasing awareness among individuals regarding personal wellbeing, government based initiatives promoting oxygen therapy devices and better health care facilities are the key reasons boosting the market in Brazil and Mexico.
This market is extremely disjointed with numerous big and developing players operating in the business. The major companies dominating the oxygen therapy devices market in this region are Chart Industries Inc., Invacare Corporation, Becton, Dickinson and Company, Smiths Medical, Teleflex Incorporated, Inogen, Inc., DeVilbiss Healthcare, Essex Industries, Inc., Allied Healthcare Products Inc. and Respan Products Inc.

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