Global Hyperbaric Oxygen Therapy Devices Market is set to grow at a decent CAGR of 6.5% by 2026 - Rising Cases of Acute and Chronic Infections & Growing Demand for HBOT in Skin Treatments

Hyperbaric Oxygen Therapy is a non-invasive technique which is used to increase the rate of wound healing of damaged tissues. In this treatment, the air pressure is increased two to three times higher than the normal air pressure. Thus, the oxygen-carrying blood helps to fight the bacterias and other unwanted hosts in the body by promoting quick healing.

HBOT is used to treat wounds as a result of radiation, air bubbles in blood vessels, and many other serious medical infections like diabetes, venous or arterial insufficiency, crush injuries, and wounds/tissue damage caused by the late effects of radiation therapy. Currently, HBOT uses 2 types of chambers:
• Monoplace chamber: This chamber is built for one person. It's a long, plastic tube which resembles an MRI machine. The patient slips into the chamber. It is slowly pressurized with 100% oxygen.
• Multiplace chamber: This chamber, or room, can fit two or more people at once. The treatment is largely the same. The difference is that people breathe pure oxygen through masks or hoods.

Technological Innovations & Multiple Application Areas are driving the Hyperbaric Oxygen Therapy Devices Market

HBOT devices were originally designed to use for decompression sickness and other diving complications. Nowadays, due to rapid advancements in healthcare technologies, HBOT treats a large range of medical and healthcare conditions such as cosmetic procedures, wound healing, Alzheimer's disease, gas embolism, radiation tissue damage (ORN), and refractory osteomyelitis, including life-threatening emergencies.

"New product launches and innovations in HBOT technologies like portable HBOT devices will open up a new frontier for the hyperbaric oxygen therapy devices market to grow. Technology has an important role to play." -Vice President, Product & Innovation Department, HBOT Devices Company, USA

Medical Benefits of Hyperbaric Oxygen Therapy Devices Fuels Its Global Demand

HBOT devices speed up the healing processes by delivering extra oxygen to injured or damaged areas. This excess oxygen in the circulation encourages the production of white blood cells and leucocytes, which fight bacterias, as well as the secretion of stem cells, which further aids in quicker healing and the restoration of normal body function.

Benefits associated with the hyperbaric oxygen therapy devices are as follows:
• Increased blood flow and circulation throughout the body.
• Block harmful bacteria and strengthens the body's immune system.
• Helps in the formation of new collagen and skin cells.

Market Challenges: Hyperbaric Oxygen Therapy Devices Market

The high costs associated with the HBOT treatments which requires multiple sessions, reimbursement issues, and complications after HBOT are some of the major factors likely to impact the growth of the hyperbaric oxygen therapy devices market in the upcoming years.

Geographic Analysis: North America Leads the Adoption of Hyperbaric Oxygen Therapy Devices Market

From a geographical perspective, North America holds the larger share of the hyperbaric oxygen therapy devices market. This can be mainly attributed to the rising preference for wound healing treatments, an increasing number of people engaging in adventure activities and favorable reimbursement policies in the regions.

Competitive Landscape Analysis: Hyperbaric Oxygen Therapy Devices Market

Some of the established and emerging players operating in the global hyperbaric oxygen therapy devices market are Perry Baromedical Inc., Haux-Life Support, PCCI, Fink Engineering, Sosgroup, Hearmec, OxyHealth, and Environmental Tectonics Corporation, among others.

Get Detailed Insights on HBOT Devices Market with a Sample Redacted Deck @ https://meditechinsights.com/hyperbaric-oxygen-therapy-devices-market/

Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. . We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

This release was published on openPR.