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Stock impact report

Global Oxygen Cylinders and Concentrators Research Report 2024: Market to Reach $5.91 Billion in 2030 - Technological Advancements Revolutionize Oxygen Therapy Devices for Enhanced Patient...

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: Yahoo! Finance
Application, By Region: Market Insights and Forecast (2020-2030)" report has been added to ResearchAndMarkets.com's offering. The market was valued at USD 3.85 Billion in 2023 which is expected to reach USD 5.91 Billion in 2030. The Global Oxygen Cylinders and Concentrators market showcased growth at a CAGR of 5.87% during 2020-2023. The Oxygen Cylinders and Concentrators Market is expected to continue growing as the global population ages and the prevalence of respiratory diseases increases, driving the need for effective oxygen therapy solutions. According to Institute for Health Metrics and Evaluation (IHME), In 2019, chronic respiratory diseases were the third-leading cause of death, responsible for 4.0 million deaths with a prevalence of 454.6 million cases globally. The rising incidence of respiratory conditions such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea is a significant driving force behind the demand for oxygen therapy devices. As the g Show less Read more
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