High Flow Oxygen Therapy Devices and Cannula Market Opportunities, Business Forecast To 2028
December 26, 2022 ⚊ 1 Min read ⚊ Views 75 ⚊ HEALTH
The global high flow oxygen therapy devices and cannula market size was valued at USD 1.8 billion in 2021 and is expected to reach USD x million by 2028, at a CAGR of 6.8% during the forecast period 2022-2028. Low flow oxygen therapy and high flow oxygen therapy are the two forms of oxygen therapy available. High-flow oxygen treatment (HFOT) is a type of respiratory support that is typically used in conjunction with compressed air to manage humidity. When comparing to typical oxygen treatments, the oxygen flow rate in high flow oxygen therapy is more. In addition to this, traditional cannulas, which were once the primary technology for oxygen delivery into the lungs, have been replaced by these cannulas. As per a research, asthma affects almost 355 million people globally, necessitating the use of oxygen therapy equipment to carefully stabilize and assist patients until the patient’s normal strength to manage pressure and basic respiration is restored.
