Recreational oxygen is the pure oxygen, which differs from medical oxygen and is majorly used by athletes, sportsperson, trekkers who visit high altitude locations, geriatrics to recover the stress in the body due to exertion. This recreational oxygen improves stamina, and boosts energy wherever needed. It is also used to improve athletic endurance and enhances brain functioning. Growing interest of the population in sports, athletics, and gymnasium are expected to increase the demand of recreational oxygen equipment, in order to provide pure oxygen during these exercises to improve tolerance. Various recreational oxygen equipment such as oxygen concentrator, oxygen bars, oxygen inhalers, and other products are available in the market.
Market Dynamics
Increasing adoption of inorganic growth strategies, such as agreement by key players in the market to expand their product portfolio, is expected to drive the market growth over the forecast period. For instance, in April 2022, Linde, a industrial gases maunufacturer, announced it has signed another long-term agreement with a major space launch company in Florida for the supply of bulk industrial gases.
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