Worldwide markets are poised to achieve
continuing growth as the athletes, the people exercising in sports gyms, and
aging population worldwide needs homecare oxygen treatment.
Recreational oxygen is different from
medical oxygen. The professional athletes use recreational oxygen. Sports club
members are expected to widely adopt use of recreational oxygen. Oxygen bars
are commonly used by singers and movie stars to improve the vocal cord quality
and skin tone. All these uses of oxygen are anticipated to grow. The O2 is the
same in recreational oxygen as it is in the medical oxygen, the chemical
composition is the same. But medical oxygen is delivered under a prescription
and used as a medicine, recreational oxygen is used to improve athletic
endurance and improve brain functioning.
Older people develop dementia and other
conditions. Oxygen use by these people is able to improve the quality of the
life in a dramatic manner. Portable oxygen devices have become affordable and
support a mobile lifestyle that is extended to a broader set of people by use
of recreational oxygen selectively, continuing to drive sales of recreational
oxygen and oxygen bar concentrator air filtration units.
In all the world, the athletes, the movie
stars, and the casinos have in common the use of supplemental oxygen. But,
because the FDA does not approve the use of supplemental oxygen except for
severe COPD, the physicians are basically left out of this trend. They
universally poo poo the value of supplemental oxygen for consumer markets,
calling supplemental oxygen a placebo. From this, they might not be too far off
as a placebo is basically pure sugar, rendering a boost in energy though that
is probably not their meaning as they offer no encouragement for getting
supplemental oxygen. The FDA classifies oxygen as a drug and physicians are
bound to honor the leadership of the FDA.
Boost supplemental oxygen is called aviator
oxygen, as differentiated from medical oxygen. By this, it is meant that the
aviator oxygen is delivered manually by the user by a push of a button in
contrast to medical oxygen that is delivered in a stream, either continuous or
pulsed. This is a significant difference.
On TV, it is common to see professional
football players inhaling oxygen. They stand on the sideline to use
supplemental oxygen after one shift as they prepare for the next shift. Often
this equipment comes from Boost. Professional football players use oxygen to
keep themselves fresh, alert and strong. Oxygen is used to keep the players
going through to the last play of the game. They use supplemental oxygen to
catch their breath faster after exertion of the field of play, and to improve
performance.
Consumer recreational oxygen equipment
markets at $44.5 million in 2017 are anticipated to reach $2.1 billion dollars
by 2023. Professional athletes drive the market initially. Growth is a result
of demand for the smaller lighter technology already developed, already on the
market, for use by people exercising. Oxygen equipment only gets less
expensive, smaller, and easier to use. The market need by for oxygen generation
devices at clubs and gyms is building even as portable devices provide greater
mobility support for bike riders, joggers, and older people.
Supplemental oxygen is delivered in
intermittently to accommodate sets or intervals of heavy exercise. Football
players and basketball players use supplemental oxygen, just for a few breaths
to catch their breath and improve their endurance in the middle toward the end
of the game.
People exercising in sports gyms or
corporate gyms use supplemental oxygen judiciously. Old federal judges use
supplemental oxygen, to improve the functioning of the brains and permitting
them to keep working into their 100's.
Major factors driving the market for
consumer oxygen include its ability to provide oxygen under all circumstances.
The worldwide aging population. An increase in the number of people using
sports gyms and corporate gyms provides the base for extension of the market.
Advantages of newer stationary oxygen concentrator devices are that they weigh
less, are somewhat quieter than toe older units, and are easy to use. They are
generally affordable but reimbursement drives markets.
There has been a quantum improvement in the
professional sports based consumer oxygen technology. Less weight, more power
are the characteristics of the new stationary units. The huge jump in
technology is illustrated by the effectiveness of the devices in providing
improved athletic performance on the field, ice ring, or tennis court among
others.
The adoption of consumer recreational
oxygen is tied to the actual benefit achieved by its use. People that try
getting extra oxygen for the purpose of increasing endurance use the oxygen
selectively and it works for them, leading them to continue using supplemental
oxygen. They tell their friends and then there becomes a user base, based on
reality. This provides the basis for significant market growth. Supplemental
oxygen has become affordable, boding well for market expansion.”
Spanning over 317 pages “Consumer
Oxygen Equipment: Market Strategies and Forecasts, Worldwide, 2017-2023” report
covers Consumer Oxygen Executive Summary, Consumer Oxygen Equipment: Market
Description and Market Dynamics, Consumer Oxygen Market Shares and Forecasts,
Consumer Oxygen Product Description, Selected Consumer Oxygen Research and
Technology, Consumer Oxygen Company Profiles.
Please visit this link for more details: http://mrr.cm/UJj
Find all Pharma
and Healthcare Reports at: https://www.marketresearchreports.com/pharma-healthcare
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