NAICS Code 621999-40 - Oxygen Therapy Equipment
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NAICS Code 621999-40 Description (8-Digit)
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Tools
Tools commonly used in the Oxygen Therapy Equipment industry for day-to-day tasks and operations.
- Oxygen concentrators
- Oxygen cylinders
- Oxygen masks
- Nasal cannulas
- Oxygen regulators
- Pulse oximeters
- Oxygen tubing
- Humidifiers
- Nebulizers
- Flow meters
Industry Examples of Oxygen Therapy Equipment
Common products and services typical of NAICS Code 621999-40, illustrating the main business activities and contributions to the market.
- Portable oxygen concentrators
- Oxygen tanks
- Oxygen concentrator filters
- Oxygen concentrator batteries
- Oxygen concentrator repair services
- Oxygen masks for children
- Oxygen tubing connectors
- Oxygen humidifier bottles
- Oxygen flow meters for home use
- Oxygen concentrator carrying cases
Certifications, Compliance and Licenses for NAICS Code 621999-40 - Oxygen Therapy Equipment
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 13485: This certification is specific to medical devices and is required for the design, development, production, installation, and servicing of medical devices. It ensures that the manufacturer has a quality management system in place that meets regulatory requirements. The certification is provided by various certification bodies such as BSI, TUV SUD, and UL.
- FDA 510(K) Clearance: This clearance is required for medical devices that are substantially equivalent to a device that is already legally marketed in the US. It ensures that the device is safe and effective for its intended use. The clearance is provided by the US Food and Drug Administration (FDA).
- CE Marking: This marking is required for medical devices that are sold in the European Union (EU) and ensures that the device meets the safety, health, and environmental protection requirements of the EU. The marking is provided by various notified bodies such as BSI, TUV SUD, and UL.
- National Board Of Respiratory Care (NBRC) Credentials: These credentials are required for respiratory therapists who provide oxygen therapy to patients. They ensure that the therapist has the necessary knowledge and skills to provide safe and effective oxygen therapy. The credentials are provided by the NBRC.
- Occupational Safety and Health Administration (OSHA) Respiratory Protection Standard: This standard is required for employers who have employees that are exposed to oxygen-deficient or oxygen-enriched atmospheres. It ensures that the employer has a respiratory protection program in place that meets regulatory requirements. The standard is provided by OSHA.
History
A concise historical narrative of NAICS Code 621999-40 covering global milestones and recent developments within the United States.
- The history of the Oxygen Therapy Equipment industry dates back to the early 1900s when oxygen was first used as a medical treatment for patients with respiratory illnesses. The industry saw significant growth during World War I when oxygen was used to treat soldiers with gas poisoning. In the 1950s, the industry experienced a major breakthrough with the development of portable oxygen concentrators, which allowed patients to receive oxygen therapy outside of hospitals. In recent years, the industry has seen advancements in technology, such as the development of smart oxygen delivery systems that can monitor a patient's oxygen levels and adjust the flow of oxygen accordingly. In the United States, the Oxygen Therapy Equipment industry has seen steady growth over the past few decades. The industry has benefited from an aging population and an increase in the prevalence of respiratory illnesses such as COPD. In the 1990s, the industry saw a significant increase in demand due to changes in Medicare reimbursement policies, which made it easier for patients to receive oxygen therapy at home. In recent years, the industry has seen increased competition from new entrants and pressure to reduce costs from healthcare providers. Despite these challenges, the industry is expected to continue to grow due to an aging population and an increase in the prevalence of respiratory illnesses.
Future Outlook for Oxygen Therapy Equipment
The anticipated future trajectory of the NAICS 621999-40 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Oxygen Therapy Equipment industry in the USA is positive. The industry is expected to grow due to the increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and asthma. Additionally, the aging population is expected to drive demand for oxygen therapy equipment as older adults are more likely to suffer from respiratory illnesses. Technological advancements in the industry, such as the development of portable oxygen concentrators, are also expected to contribute to the growth of the industry. However, the industry may face challenges such as reimbursement cuts and regulatory changes that could impact demand for oxygen therapy equipment.
Industry Innovations for NAICS Code 621999-40
Recent groundbreaking advancements and milestones in the Oxygen Therapy Equipment industry, reflecting notable innovations that have reshaped its landscape.
- Inogen One G5 Portable Oxygen Concentrator: This portable oxygen concentrator is designed to provide oxygen therapy to patients on the go. It is lightweight and can be carried in a backpack or shoulder bag, making it convenient for patients who want to maintain an active lifestyle.
- Philips Simplygo Mini Portable Oxygen Concentrator: This portable oxygen concentrator is designed for patients who require oxygen therapy while traveling. It is small and lightweight, making it easy to transport, and has a long battery life.
- Resmed Airmini Autoset Travel CPAP Machine: This travel CPAP machine is designed for patients with sleep apnea who need to use a CPAP machine while traveling. It is small and lightweight, making it easy to transport, and has a built-in humidifier.
- Inova Labs Lifechoice Activox Portable Oxygen Concentrator: This portable oxygen concentrator is designed for patients who require oxygen therapy while traveling. It is small and lightweight, making it easy to transport, and has a long battery life.
- Devilbiss Igo Portable Oxygen Concentrator: This portable oxygen concentrator is designed for patients who require oxygen therapy while traveling. It is small and lightweight, making it easy to transport, and has a long battery life.
NAICS Code 621999-40 - Oxygen Therapy Equipment
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