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Rising Prevalence of Chronic Wounds Drives Growth in Topical Oxygen Therapy Market

04-20-2023 01:11 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Topical Oxygen Therapy Market

Topical Oxygen Therapy Market

Topical oxygen therapy is a medical treatment that involves applying concentrated oxygen to a wound or affected area to promote healing. The topical oxygen therapy market includes products and services related to this treatment, such as topical oxygen creams, gels, dressings, and devices.

According to the report, the global ๐ญ๐จ๐ฉ๐ข๐œ๐š๐ฅ ๐จ๐ฑ๐ฒ๐ ๐ž๐ง ๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐š๐ญ $๐Ÿ๐Ÿ—,๐Ÿ–๐Ÿ–๐Ÿ—.๐Ÿ•๐Ÿ’ ๐ญ๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐š๐ง๐ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ก๐ข๐ญ $๐Ÿ๐Ÿ•,๐Ÿ•๐Ÿ๐Ÿ.๐Ÿ•๐Ÿ” ๐ญ๐ก๐จ๐ฎ๐ฌ๐š๐ง๐ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, registering a CAGR of 3.4% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

This therapy is often used for chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, that have not responded to other treatments. The therapy helps to increase the oxygen supply to the wound, which can stimulate the growth of new tissue and promote healing.

The topical oxygen therapy market is expected to grow due to the increasing prevalence of chronic wounds, the aging population, and the growing demand for advanced wound care products. The market includes various companies that offer topical oxygen therapy products and services, including healthcare providers, medical device manufacturers, and pharmaceutical companies.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.alliedmarketresearch.com/request-sample/17353

๐‚๐จ๐ฏ๐ข๐-๐Ÿ๐Ÿ— ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ:

The outbreak of the pandemic provided wound care clinicians with an opportunity to change the wound treatment paradigm in favor of home-based care solutions. It took in essential wound care to prevent amputations, thus offering relief to a hospital system in crisis. An in-home technology for the delivery of supplementary oxygen to wounds was the main focus of the therapy. These factors impacted the global topical oxygen therapy market positively.

Also, removal of strict lockdown and Covid-19 restrictions in 2021 by the majority of the countries coupled with an increase in number of patients visits in hospitals and wound care centers propelled the demand and adoption of wound care devices.

๐€๐ฌ๐ค ๐ญ๐จ ๐Ž๐ฎ๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ:

https://www.alliedmarketresearch.com/request-for-customization/17353?reqfor=covid

๐“๐ก๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ญ๐ก๐š๐ญ ๐œ๐š๐ง ๐ข๐ฆ๐ฉ๐š๐œ๐ญ ๐ญ๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ๐ข๐œ๐š๐ฅ ๐จ๐ฑ๐ฒ๐ ๐ž๐ง ๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

Increasing prevalence of chronic wounds: The rising incidence of chronic wounds, such as diabetic foot ulcers and pressure ulcers, is a key driver of the topical oxygen therapy market. According to the World Health Organization, over 9 million people are affected by chronic wounds globally.

Aging population: The aging population is more susceptible to chronic wounds, which is driving the demand for advanced wound care products, including topical oxygen therapy.

Technological advancements: The development of new and advanced topical oxygen therapy products and devices is expected to drive market growth. For example, the introduction of portable and wearable topical oxygen therapy devices is making treatment more convenient and accessible for patients.

Increasing healthcare expenditure: The increasing healthcare expenditure in developed and developing countries is driving the demand for advanced wound care products and services, including topical oxygen therapy.

Lack of awareness: The lack of awareness about the benefits of topical oxygen therapy among healthcare professionals and patients can act as a restraint on market growth.

Overall, the topical oxygen therapy market is expected to grow in the coming years due to the increasing prevalence of chronic wounds and the growing demand for advanced wound care products and services.

๐“๐ก๐ž ๐ญ๐จ๐ฉ๐ข๐œ๐š๐ฅ ๐จ๐ฑ๐ฒ๐ ๐ž๐ง ๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐œ๐š๐ง ๐›๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ญ๐ฒ๐ฉ๐ž, ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, ๐ž๐ง๐-๐ฎ๐ฌ๐ž๐ซ, ๐š๐ง๐ ๐ซ๐ž๐ ๐ข๐จ๐ง.

Product type:

Creams
Gels
Dressings
Devices

Application:

Chronic wounds
Surgical wounds
Burn wounds
Others

End-user:

Hospitals
Clinics
Ambulatory Surgical Centers
Homecare Settings

Region:

North America
Europe
Asia-Pacific
Latin America
Middle East and Africa

These segments can help companies and investors understand the different aspects of the topical oxygen therapy market and identify potential opportunities for growth and development.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:

https://www.alliedmarketresearch.com/request-for-customization/17353

๐Š๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-

Inotec AMD Ltd.
RashEndZ Inc.
GWR Inc.
AOTI, Inc.
EO2 Concepts
Mรถlnlycke Health Care AB
OxyBand Technologies
OGENIX

We also Offers Regional and Country Reports-

North America Topical Oxygen Therapy Market
Japan Topical Oxygen Therapy Market
South Korea Topical Oxygen Therapy Market
Singapore Topical Oxygen Therapy Market
Australia Topical Oxygen Therapy Market
Europe Topical Oxygen Therapy Market

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ (๐๐จ๐จ๐ค ๐๐จ๐ฐ ๐ฐ๐ข๐ญ๐ก ๐Ÿ๐ŸŽ% ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ):

Japan Oncology Drugs Market https://www.alliedmarketresearch.com/japan-oncology-drugs-market

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๐€๐›๐จ๐ฎ๐ญ ๐€๐ฅ๐ฅ๐ข๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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