Hyperbaric Oxygen Therapy Devices Market Poised for 8.9% CAGR Growth, Reaching USD 7.3 Bn by 2028| Transparency Market Research
The global ๐ก๐ฒ๐ฉ๐๐ซ๐๐๐ซ๐ข๐ ๐จ๐ฑ๐ฒ๐ ๐๐ง ๐ญ๐ก๐๐ซ๐๐ฉ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ experienced substantial growth, with a valuation of US$ 3.1 billion in 2020. Projections indicate a significant expansion, with expectations to reach US$ 7.3 billion by the end of 2028, reflecting a notable compound annual growth rate (CAGR) of 8.9% from 2021 to 2028.Despite the promising prospects brought about by telehealth and eHealth mobile apps in raising awareness post the COVID-19 pandemic, challenges persist. Concerns such as oxygen toxicity complications, therapy discomfort, and high investment costs in technology innovation are notable drawbacks. To address these issues, companies operating in this market are encouraged to secure funding from healthcare organizations and emphasize the importance of seeking medical consultation before embarking on hyperbaric oxygen therapy treatments.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Perry Baromedical,Environmental Tectonics Corporation,Fink Engineering Pty Ltd.,Sechrist Industries Inc.,HAUX-LIFE-SUPPORT,Gulf Coast Hyperbarics Inc.,Hyperbaric SAC,Royal IHC,Hearmec Co. Ltd.,SOS Group Global Ltd.,OxyHeal International Inc.,Submarine Manufacturing and Products Limited (SMP Ltd.),Medical Equipment and Consumer Goods Plant (KhSC),Sands Hyperbarics,Pan-America Hyperbarics Inc.,OxyHealth,Baroks Hyperbaric A.S,Tekna Manufacturing LLC,and PCCI Inc.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐จ๐๐ฎ๐๐ญ
Monoplace HBOT Devices
Multiplace HBOT Devices
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Wound Healing
Decompression Sickness
Infection Treatment
Gas Embolism
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In May 2021, CลซtisCare, a leading provider of multi-place hyperbaric services for trauma centers and acute care hospitals, announced the official launch of hyperbaric aware website and national campaign. CลซtisCare aims to increase awareness about hyperbaric oxygen therapy to effectively deal with various chronic conditions.
In July 2019, Unique Group, the world's prominent advanced subsea, offshore, and life support solution providers, launched its next generation multiplace hyperbaric oxygen treatment chamber, 'Uni-Heal 2200 hyperbaric oxygen treatment facility'
In March 2019, the U.S. Food and Drug Administration granted permission for promoting and commercializing a 'ClearMate'. It is a new device intended to be utilized in the emergency room in order to treat patients suffering from carbon monoxide poisoning.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐ง๐๐ข๐๐๐ง๐๐ ๐จ๐ ๐๐๐๐ฌ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ข๐๐๐๐ญ๐๐ฌ: ๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ
Hyperbaric oxygen therapy devices (HBOT) are pivotal in treating conditions like osteomyelitis, actinomycosis, and diabetic wounds by delivering oxygen-rich plasma to oxygen-deprived tissues. With the escalating prevalence of diabetes and obesity worldwide, the demand for these devices in wound healing is anticipated to soar.
Research from the International Diabetes Federation (IDF) projects a staggering rise in diabetic cases, reaching 643 million by 2030 and 783 million by 2045. As highlighted by the World Health Organization (WHO), diabetes is a significant contributor to mortality, with approximately 1.5 million deaths attributed to it in 2019 alone.
The burgeoning burden of acute and chronic wounds, coupled with increasing wound infections, propels the adoption of HBOT devices. Additionally, the expanding geriatric demographic and escalating healthcare expenses are poised to further drive the global market for HBOT devices.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Key points of focus for market study include understanding the demand dynamics, assessing regulatory requirements, analyzing competitive landscapes, and identifying emerging opportunities in untapped markets.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future outlook for the hyperbaric oxygen therapy devices market remains promising, with continued advancements in technology, expanding applications, and increasing investments in research and development.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ข๐๐ ๐๐จ๐๐๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/16/2669777/0/en/Mice-Model-Technologies-Market-Poised-for-7-4-CAGR-Growth-Reaching-USD-3-2-Bn-by-2031-Transparency-Market-Research.html
๐๐ญ๐ข๐๐ค ๐๐๐ฅ๐๐ข๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/17/2671548/0/en/Latest-Stick-Welding-Electrode-Market-Size-is-Expected-to-Reach-US-1-2-Billion-by-2031-Rising-at-a-Market-Growth-of-4-4-CAGR-During-the-Forecast-Period-Transparency-Market-Research.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
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