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Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market to Witness Robust Expansion by 2024– Top Key players like ETC,HiperTech,SOS Group,Inc.
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Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment are special medical equipments for hyperbaric oxygen therapy. Hyperbaric oxygen therapy (HBOT) is a medical treatment which enhances the body's natural healing process by inhalation of 100% oxygen in a total body chamber, where atmospheric pressure is increased and controlled. It is used for a wide variety of treatments usually as a part of an overall medical care plan.
Growing acceptance of this technology globally is one of the key factors expected to boost the market during the forecast period. The growing usage of hyperbaric oxygen therapy in wound healing and cosmetic procedures is one of the factors anticipated to boost the demand over the coming few years. Consumption upgrade and increasing disposable income in emerging economies. However, intense competition in emerging industries will lead to increased market risk.
From the view of region, Asia-Pacific was the leading segment and accounted for around 32.85% of the total revenue in 2018. North America hold the smaller market of 32.75%, Europe following take a market share of 24.85%.Emerging economies such as India, China, Philippines, Vietnam, and Brazil have been experiencing strong economic growth.
Increasing population and rising need for wound healing treatment have spurred the demand for HBOT in the region. Growing disposable income has triggered consumers to avail technologically advanced medical treatment and therapies.
The global Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment market is valued at 200 million US$ in 2018 is expected to reach 260 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025.
Market Segment by Manufacturers, this report covers
Perry Baromedical Corporation
Sechrist Industries, Inc.
Tekna Manufacturing
ETC
Pan-America Hyperbarics, Inc.
Haux-Life-Support GmbH
Reimers Systems, Inc.
Fink Engineering
HiperTech
SOS Group
Moon Hyperbaric
HEARMEC
Royal IHC
Zeyou Container Yangcang Equipment
Submarine
Market Segment by Type, covers
Monoplace HBOT Devices
Multiplace HBOT Devices
Market Segment by Applications, can be divided into
Infection Treatment
Gas Embolism
CO Poisoning
Hypoxic Encephalopathy
Others
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Related Information:
North America Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
United States Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
Asia-Pacific Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
Europe Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
EMEA Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
Global Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
China Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Growth 2019-2024
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