openPR Logo
Press release

TMR

Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing countries that offer lucrative opportunities.

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.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=806

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 @ https://www.transparencymarketresearch.com/report-toc/806

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.

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.

This review is based on the findings of a TMR report, titled, “Hyperbaric Oxygen Therapy Devices Market (Product - Monoplace HBOT Devices and Multiplace HBOT Devices; Applications - Wound Healing, Decompression Sickness, Infection Treatment, and Gas Embolism) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”

View Report @ https://www.transparencymarketresearch.com/hbo-therapy-devices.html

About Us

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.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 TMR here

News-ID: 751963 • Views: 333

More Releases for HBOT

Current Market Scenario of Global Hyperbaric Oxygen Therapy (HBOT) Services Mark …
This report also researches and evaluates the impact of Covid-19 outbreak on the Hyperbaric Oxygen Therapy (HBOT) Services industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Hyperbaric Oxygen Therapy (HBOT) Services and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). Global Hyperbaric Oxygen Therapy (HBOT) Services Market Overview: GLOBAL INFO RESEARCH has evaluated the global Hyperbaric Oxygen Therapy (HBOT)
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 Therapy (HBOT) Devices Market Industry Development Scen …
In order to study the various trends and patterns prevailing in the overall market for Hyperbaric Oxygen Therapy (HBOT), Market Research Reports Search Engine (MRRSE) has included a new report titled “Hyperbaric Oxygen Therapy (HBOT) Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as
Hyperbaric Oxygen Therapy (HBOT) Devices Market | Industry Outlook and Forecast …
Various strategies are leveraged by success-hungry players in The Global Hyperbaric Oxygen Therapy Devices Market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Global HBOT Chamber Market Competition, Status & Forecast 2012-2022, Size by Pla …
Qyresearchreports include new market research report "2012-2022 Report on Global HBOT Chamber Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports. The general market for HBOT Chamber has been recognized on a few perspectives that are almost there, and have sufficiently revamped the market scenario. The report likewise verbalizes unmistakable encounters and information related to the general HBOT Chamber market. The
Global HBOT Devices Market Trends & Industry Forecast by 2014 - 2020
The global hyperbaric oxygen therapy devices market is segmented based on type of products, applications and geography. The market is segmented into the major type of products used for delivering hyperbaric oxygen therapy such as monoplace hyperbaric oxygen chambers, multiplace hyperbaric oxygen chambers and topical hyperbaric oxygen chambers. By applications, the study includes major application areas where hyperbaric oxygen therapy is used frequently. Application areas such as wound healing, decompression