Oxygen therapy equipment companies specialize in the design, development, manufacturing, and distribution of medical devices and equipment used for delivering oxygen to patients in various healthcare settings. Oxygen therapy is a crucial aspect of medical care, particularly for individuals with respiratory conditions or those in need of supplemental oxygen.
June 2023,Philips Respironics recalled millions of CPAP devices due to potential health risks associated with sound insulation foam degradation. This event impacted the market, raising concerns about device safety and quality control.
September 2023,AirSep Corporation introduced its FreeStyle 5 portable oxygen concentrator, boasting longer battery life and improved mobility features. This innovation caters to the growing demand for portable and user-friendly oxygen therapy solutions.
October 2023,Invacare Corporation and Getinge announced a partnership to provide comprehensive home care respiratory services, including oxygen therapy equipment and support. This collaboration aims to improve patient care and access to essential respiratory care services.
November 2023,the FDA approved Air Liquide's HomeFill Oxygen Station, allowing patients to refill their portable oxygen concentrators at home. This approval brings convenience and reduces dependence on external oxygen supplies for patients.
List of Oxygen Therapy Equipment Key Companies in the Market
Oxygen Therapy Equipment Market Highlights:
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