Tools commonly used in the Oxygen-Medical (Wholesale) industry for day-to-day tasks and operations.

• Oxygen concentrators
• Oxygen tanks
• Regulators
• Flow meters
• Cannulas
• Masks
• Tubing
• Humidifiers
• Compressors
• Filters

Common products and services typical of NAICS Code 423450-23, illustrating the main business activities and contributions to the market.

• Medical oxygen distributors
• Oxygen equipment suppliers
• Respiratory therapy suppliers
• Home healthcare suppliers
• Hospital supply companies
• Medical equipment wholesalers
• Oxygen therapy providers
• Healthcare supply distributors
• Medical gas suppliers
• Oxygen cylinder distributors

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 13485: This certification is specific to medical device manufacturers and suppliers and ensures that the company has a quality management system in place that meets regulatory requirements. The certification is provided by the International Organization for Standardization (ISO).
• Good Distribution Practice (GDP): This certification ensures that the company is following proper storage and distribution practices for medical products. It is provided by the World Health Organization (WHO).
• National Association Of Boards Of Pharmacy (NABP) Accreditation: This accreditation ensures that the company is following proper pharmacy practices and is licensed to distribute medical products.
• Occupational Safety and Health Administration (OSHA) Compliance: This compliance ensures that the company is following proper safety practices for employees and customers.
• Food and Drug Administration (FDA) Registration: This registration ensures that the company is registered with the FDA and is following proper regulations for medical products.

A concise historical narrative of NAICS Code 423450-23 covering global milestones and recent developments within the United States.

• The "Oxygen-Medical (Wholesale)" industry has a long history of providing medical-grade oxygen to patients in need. The first recorded use of oxygen in medicine dates back to the late 1700s when it was used to treat respiratory conditions. However, it wasn't until the early 1900s that oxygen therapy became more widely used in hospitals. The industry continued to grow throughout the 20th century, with advancements in technology and medical knowledge leading to more efficient and effective oxygen delivery systems. In recent years, the industry has seen a surge in demand due to the COVID-19 pandemic, with oxygen being a crucial component in the treatment of severe cases. In the United States, the "Oxygen-Medical (Wholesale)" industry has a more recent history, with the first oxygen concentrator being developed in the 1970s. Since then, the industry has grown significantly, with the development of portable oxygen concentrators and other innovative products. The industry has also faced challenges, such as changes in reimbursement policies and increased competition. However, the demand for medical-grade oxygen continues to grow, and the industry is expected to continue to evolve to meet the needs of patients and healthcare providers.

The anticipated future trajectory of the NAICS 423450-23 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Oxygen-Medical (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for oxygen therapy equipment and supplies. The aging population and the rising prevalence of chronic respiratory diseases are the major drivers of the industry's growth. The COVID-19 pandemic has also increased the demand for oxygen therapy equipment and supplies. The industry is expected to benefit from the increasing adoption of home healthcare services and the growing trend of self-care. The industry is also expected to benefit from the increasing use of portable oxygen concentrators. However, the industry may face challenges due to the increasing competition and the changing reimbursement policies of healthcare providers.

Recent groundbreaking advancements and milestones in the Oxygen-Medical (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Portable Oxygen Concentrators: These devices are lightweight and portable, making it easier for patients to receive oxygen therapy while on the go.
• Smart Oxygen Delivery Systems: These systems use sensors and algorithms to monitor a patient's oxygen levels and adjust the oxygen flow accordingly.
• Oxygen Conserving Devices: These devices help to conserve oxygen by delivering oxygen only when the patient inhales, reducing the amount of oxygen wasted.
• Online Ordering Systems: These systems make it easier for healthcare providers to order oxygen therapy equipment and supplies, reducing the time and cost associated with traditional ordering methods.
• Oxygen Therapy Apps: These apps help patients to monitor their oxygen levels and track their oxygen therapy progress, improving patient outcomes.
• Oxygen Therapy Education Programs: These programs help to educate patients and healthcare providers about the benefits of oxygen therapy and how to use oxygen therapy equipment and supplies properly.
• Oxygen Therapy Accessories: These accessories, such as nasal cannulas and oxygen masks, help to improve patient comfort and compliance with oxygen therapy.
• Oxygen Therapy Financing Options: These options help to make oxygen therapy equipment and supplies more affordable for patients and healthcare providers.
• Oxygen Therapy Telemedicine Services: These services allow patients to receive oxygen therapy consultations and follow-up care remotely, improving access to care and reducing healthcare costs.