Hyperbaric Oxygen Therapy (HBOT) Devices Market | Growth Prospects, Trends And Forecast 2025
Overall, the global hyperbaric oxygen therapy devices market is fragmented in nature on account of the presence of numerous small scale vendors. However, the global market is dominated by a handful of prominent players that have their operations worldwide.
Some of the key players operating in the hyperbaric oxygen therapy devices market are Sechrist Industries, Inc., Perry Baromedical, and Environmental Tectonics Corporation (ETC), HAUX-LIFE-SUPPORT GmbH, IHC Hytech B.V., Oxyheal International and Fink Engineering.
The global hyperbaric oxygen therapy devices market will likely expand at a CAGR of 7.4% between 2017 and 2025 to become worth US$284.8 mn by 2025 from US$ 150.0 mn in 2016.
Depending upon the type of products, the global hyperbaric oxygen therapy devices market can be bifurcated into monoplace HBOT devices and multiplace HBOT devices. Among them, the monoplace HBOT devices accounted for about 60.1% share in the global market in 2016. Some of the factors leading to its swift uptake are technological progress that bring about smoother and quicker healing of wounds, lower price compared to multiplace chambers, helpful regulatory policies in North America, and patients’ hygiene.
Geographically, the key segments of the global hyperbaric oxygen therapy devices market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of them, North America currently leads the market. In 2016, its leading share came to over 32.1%. The market is primarily driven by the U.S. on account of its easy reimbursement policies.
Request to download and view full ToC -
Rising Pool of Elderly Proves Beneficial to Market
Hyperbaric oxygen therapy is essentially a non-invasive method to increase the rate of healing of damaged tissues. It entails delivery of pure oxygen to the bloodstream under high-pressure. Availability of an array of hyperbaric oxygen chambers of various designs and sizes is primarily responsible for this market’s steady growth rate.
Other factors majorly boosting growth in the global hyperbaric oxygen therapy devices market are the growth in elderly population worldwide, the rising instances of acute and chronic wounds, and the increase in diabetic foot ulcers and pressure cases. Further, surging popularity of leisure adventure activities which results in many accidents and their exhaustive use in aesthetics is also proving beneficial for the market.
Request to view Sample Report -
Hyperbaric oxygen therapy devices find maximum use in wound healing these days. “Rise in public awareness about quicker, smoother wound healing process, extensive use of monoplace HBOT chambers in developed countries of the U.S., Canada, and Japan along with in developing countries such as China, Saudi Arabia, and Brazil is a major factor driving growth in the market,” explains the lead analyst of the report. Major hospitals are readily providing the hyperbaric oxygen therapy in order to speed up the wound healing process and for better recovery.
Hyperbaric Oxygen Therapy Devices Market Report is available @ US$ 5795
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hyperbaric Oxygen Therapy (HBOT) Devices Market | Growth Prospects, Trends And Forecast 2025 here
News-ID: 746687 • Views: 292
More Releases from Transparecny Market Research
Papain Market Estimated to Expand at a Robust CAGR by 2027
Global Papain Market: Overview Papain is a natural cysteine proteolytic enzyme present in mountain papaya (Vasconcellea cundinamarcensis) and papaya (Carica papaya). It is native to Latin America and is also called as papaya proteinase I. It is used to tenderize meat eaten as it breaks down tough meat fibers. Papain is an active component in powder form for meat tenderizers and has a huge demand in the global market. Papain also
Hydroxypropyl Methylcellulose (HPMC) Capsules Market Set for Rapid Growth and Tr …
Hydroxypropyl methylcellulose (HPMC), also known as hypromellose, is produced through the synthetic alteration of the natural polymer cellulose and is considered safe for human consumption. HPMC is rapidly being used as an alternative to hard shell gelatin capsules, since these natural capsules are manufactured using plant extracts. They meet the dietary and cultural needs of vegetarians by offering excellent alternatives to gelatin capsules. Report Overview: https://www.transparencymarketresearch.com/hydroxypropyl-methylcellulose-capsules-market.html The HPMC material is present
Understanding Impact of COVID-19 on Hydraulic Fluids Market
Hydraulic oils, hydraulic liquids, or hydraulic fluids is a major part of hydraulic systems, through which power is conveyed in hydraulic equipment. Hydraulic liquids are primarily used in conveying kinetic and potential energy in a hydraulic system. Hydraulic liquids generally provide a flow of volume in hydrostatic motors and pumps. Hydraulic fluids also help in decreasing the wear and tear of parts involved in friction in the piston assembly. Hydraulic
Lead Market Foreseen to Grow Exponentially by 2025
Lead is a heavy metal and has several useful mechanical properties including high density, low melting point, ductility, and relative inertness. Lead is a chemical element with the atomic number 82. It has the highest atomic number of any stable element. Lead is soft and malleable, and has a relatively low melting point. When freshly cut, lead is bluish-white; it tarnishes to a dull gray color when exposed to air.
More Releases for Hyperbaric
Portable Hyperbaric Chambers Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Portable Hyperbaric Chambers Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Portable hyperbaric chamber is mainly used in emergency rescue, earthquake and other disaster areas of
Hyperbaric Oxygen Therapy (HBOT) Devices Market Opportunity Analysis, 2018-2026
Hyperbaric oxygen therapy (HBOT) devices are used to deliver 100% pure oxygen to tissues in the body under high atmospheric pressure. During HBOT, the pressure is increased to three times the normal atmospheric pressure, creating high amount of partial pressure of oxygen. Under normal conditions, one atmosphere absolute are subjected to be around 14.7 pounds per square inch of pressure and the air we normally breathe is composed of 21%
Global Hyperbaric Oxygen Chambers Market 2018 - HAUX-LIFE-SUPPORT, Hearmec, Hype …
Accord Market, recently published a detailed market research study focused on the “Hyperbaric Oxygen Chambers Market Market” across the global, regional and country level. The report provides 360° analysis of “Hyperbaric Oxygen Chambers Market Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of
Hyperbaric Oxygen Therapy Equipment Market Research Report 2018
The report on the “Hyperbaric Oxygen Therapy Equipment market“ offers elaborated knowledge on the Hyperbaric Oxygen Therapy Equipment market. Parts like dominating firms, classification, size, business atmosphere, SWOT analysis, and most effectual trends within the business area unit comprised during this analysis study. Additionally to the current, the report sports charts, numbers, and tables that provide a transparent viewpoint of the Hyperbaric Oxygen Therapy Equipment market. Etc Biomedical Systems ;Sechrist
Hyperbaric Oxygen Chambers Market Will Target Emerging Markets by 2022
The “Global Hyperbaric Oxygen Chambers Market Research Report” is a professional and in-depth study on the current state of the Hyperbaric Oxygen Chambers Market. The study offers an insight into current and future market trends, key drivers and restraints, market strategies of key market players along with detailed segmentation and forecast. The study offers industry overview by covering basic aspects such as product definition and classification, market size and share
Medical Hyperbaric Oxygen Chamber Equipment Market 2017 - Hearmec, Hyperbaric SA …
MarketReports.Biz, recently published a detailed market research study focused on the "Medical Hyperbaric Oxygen Chamber Equipment Market" across the global, regional and country level. The report provides 360° analysis of "Medical Hyperbaric Oxygen Chamber Equipment Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Medical Hyperbaric Oxygen Chamber Equipment industry, and