The Oxygen Therapy Market is Anticipated to Witness High Growth Owing to Rising Pneumonia Cases Oxygen therapy involves the administration of oxygen to sick individuals in need of assistance to breath. Oxygen gas is typically delivered through a nasal cannula or a face mask. The therapy is commonly used to treat respiratory conditions characterized by low blood oxygen levels such as COPD, asthma, pneumonia. The popularity of oxygen therapy stems from the critical role played by oxygen in various cellular functions. Lack of adequate oxygen in the body can be life threatening and result in organ damage and long term health issues. With rising pollution levels and the growing prevalence of lifestyle diseases, conditions that deplete blood oxygen levels have seen a marked rise globally. Pneumonia, in particular, has emerged as a major health threat claiming millions of lives each year. This has significantly driven demand for oxygen therapy over the past decade. The Global oxygen therapy market is estimated to be valued at US$ 42.34 Mn in 2024 and is expected to exhibit a CAGR of 3.7% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the oxygen therapy market are Schmitz Cargobull, China International Marine Containers (Group) Ltd., Polar Tank Trailer, Llc (Entrans International, Llc Company), Fontaine Commercial Trailer, Inc., Lamberet Sas (Xinfei France Sa), Great Dane, Krone Commercial Vehicle Group (Bernard Krone Holding), and Kogel Trailer Gmbh & Co.Kg. The global Oxygen Therapy Market Demand (https://www.coherentmarketinsights.com/market-insight/oxygen-therapy-market-97/market-size-and-trends) offers significant opportunities such as rising in emerging economies and growth in home-based oxygen therapy. Major market players are investing in expanding their geographical presence across Asia Pacific and Latin America through partnerships and new facility openings to capitalize on high growth opportunities in these regions. Get More Insights on Oxygen Therapy Market (https://www.pressreleasebulletin.com/oxygen-therapy-market-trends-size/)