U.S. Hyperbaric Oxygen Therapy (HBOT) Market Set to Reach Valuation of USD 124.86 Million

U.S. Hyperbaric Oxygen Therapy (HBOT) Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7% in the forecast period of 2021 to 2028 and is expected to reach USD 124.86 million by 2028 from USD 81.70 million in 2020. Rising awareness regarding HBOT and technological advancement in hyperbaric oxygen therapy (HBOT) is the major drivers which propelled the demand of the market in the forecast period.

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Hyperbaric Oxygen Therapy (HBOT) Market is growing with factors such as increased incidence of chronic wounds and technological advancements. However, the high cost of manufacturing hyperbaric oxygen therapy (HBOT) along with the side effects of HBOT may obstruct the growth of the market in the given forecast period.

Trends Impacting the Market

The hyperbaric oxygen therapy (HBOT) market is becoming more competitive with companies such as PCCI, INC., and Perry Baromedical as they are the top dominating companies in hyperbaric oxygen therapy (HBOT), having the maximum number of products. Data Bridge Market Research's new reports highlight the major growth factors and opportunities in the U.S. hyperbaric oxygen therapy (HBOT) market.

U.S. hyperbaric oxygen therapy (HBOT) Market Development

In July 2019, Unique Group announced that it had launched it's in-house designed and manufactured multi-place hyperbaric oxygen treatment (HBOT) chamber named Uni-Heal 2200 Hyperbaric Oxygen Treatment facility. This new product launched by the company has expanded the product portfolio of the medical technology division, leading to increased sales and revenue in the future.
Scope of the U.S. hyperbaric oxygen therapy (HBOT) Market

The U.S. hyperbaric oxygen therapy (HBOT) market is analyzed based on further segmentation.

U.S. hyperbaric oxygen therapy (HBOT) market basis of type, the market is segmented into monoplace, multiplace, and topical HBOT devices. On the basis of applications, the market is segmented into injuries, infection, insufficiencies, wound healing, and others. On the basis of end-user, the market is segmented into hospitals and clinics, ambulatory surgery centers, outpatient clinics, standalone hyperbaric treatment centers, and others.

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Key Market Competitors Covered in the Report

Hyperbaric SAC
Gulf Coast Hyperbarics, Inc.
HYPERBARIC MODULAR SYSTEMS, INC. (HMS)
Newtowne Hyperbarics
AHA Hyperbarics GmbH
Sechrist Industries, Inc.
Tekna Hyperbaric
Pan America Hyperbarics, Inc.
HAUX-LIFE-SUPPORT
Hipertech Electronics Inc.
OxyHealth
Unique Group
Fink Engineering
Perry Baromedical
PCCI, INC.

Top DBMR Healthcare Reports:

Hyperbaric Oxygen Therapy (HBOT) Market - Industry Trends and Forecast to 2029

Oxygen Therapy Equipment Market - Industry Trends and Forecast to 2029

Extracorporeal Membrane Oxygenation Machine Market - Industry Trends and Forecast to 2029

Extracorporeal Membrane Oxygenation Market - Industry Trends and Forecast to 2028

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