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Hyperbaric Oxygen Therapy (HBOT) Devices Market Size 2019 – Trends, Analysis Covers Leading Manufacturers, Top Regions, and Forecast to 2024



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Hyperbaric Oxygen Therapy (HBOT) Devices Market” 2019-2024 report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a five-year period, from 2019 to 2024. In this Hyperbaric Oxygen Therapy (HBOT) Devices market report, the analysts have presented important statistics which tells to the production and consumption forecast for the key areas that the Hyperbaric Oxygen Therapy (HBOT) Devices market is considered into, production forecast by type, and consumption forecast by application. Hyperbaric Oxygen Therapy (HBOT) Devices market shares of positive growth as investors cheered its financial results for last some years.
In Hyperbaric Oxygen Therapy (HBOT) Devices Market Report, Following Companies Are Covered:
  • Environmental Tectonics Corporation
  • Fink Engineering
  • Gulf Coast Hyperbarics Inc.
  • HAUX
  • LIFE
  • SUPPORT GmbH
  • Hearmec Co. Ltd
  • Hyperbaric SAC
  • IHC Hytech BV
  • HYPERBARIC MODULAR SYSTEMS INC. (HMS)
  • Sechrist Industries Inc.
  • SOS Medical Group Ltd
    Market Overview:
  • The hyperbaric oxygen therapy (HBOT) devices market is majorly driven by the rising prevalence of acute and chronic wounds, widening the application of HBOT devices in cosmetic procedures and wound healing, and technological advancements.
  • HBOT devices are used in chronic problem wounds caused by diabetes, venous or arterial insufficiency, crush injuries, and wounds/tissue damage caused by the late effects of radiation therapy. The chronic wounds impose a significant burden on the individual, the healthcare system, and the society as a whole. According to the estimates of the National Health Services (NHS), 1.5% of the UK population is estimated to have a leg ulcer. Furthermore, as per the NHS Benchmarking 2016 annual audit, approximately 39% of a district nursing service workload is attributed to wound care. The annual cost of managing wounds in the NHS and associated comorbidities has been estimated to be EUR 5.3 billion, which is more than what is on par with the obesity treatment costs, according to the study published in 2017 by Guest J, Venous Leg Ulcer Management in Clinical Practice in the UK: Costs and Outcomes. Thus, the rising incidences and prevalence of acute and chronic wounds are expected to drive the growth of the hyperbaric oxygen therapy (HBOT) devices market over the forecast period.
    Scope of the Report:
  • As per the scope of this report, the term hyperbaric oxygen therapy implicates breathing oxygen in pressurized chambers, where the atmospheric pressure is thrice higher than normal, thus, allowing the lungs to absorb three times more oxygen than in normal air pressure. Hyperbaric oxygen therapy augments the quantity of oxygen, which may improve vital tissue function in recovery from injuries and fight infection.
    Hyperbaric Oxygen Therapy (HBOT) Devices Market Report Provides Comprehensive Analysis of:
    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examinationKey Market Trends:
      Monoplace HBOT is the Segment Under Application that is Expected to Grow Fastest During the Forecast Period
      The monoplace HBOT segment held a maximum share in 2018, due to factors, like commercial availability of monoplace systems and high adoption of such devices, due to ease of handling and less requirement of hospital gas supply. The market is majorly dominated by few products, such as BARA-MEDXD, BARA-MED, BARA-MED Select by ETC Hyperbaric Chambers (Environmental Tectonics Corporation); PAH-S1 Hyperbaric Chamber & PAH-S1-3800 Hyperbaric Chamber by Pan-America Hyperbarics Inc.
      The monoplace HBOT devices segment is expected to register a high growth rate during the forecast period, due to the rising demand for monoplace systems in hospitals and clinics, due to their higher availability in the market, along with ease in installation.
      North American Region Holds the Largest Share of the Market Currently and is Believed to Follow the Same Trend over the Forecast Period
      The North American region is expected to dominate the market, owing to factors, such as rising disposable income, increasing population, and the rising need for wound healing treatment, which have impelled the demand for HBOT in the region. According to the National Institutes of Health, human skin wound is a significant indirect threat to the economy, as the government takes responsibility for the treatment of the public. This has led the government to invest huge amounts of money toward developing effective treatment methods. Research in the United States has revealed that the incidence of non-healing cutaneous wounds is about 5 to 7 million per year, in the country. The relative spending for these wounds is about USD 25 billion. The cost burden to the US healthcare system has been so severe that the medical services and centers for medical care have made amendments to the reimbursement policy for wound care, providing economic incentives for hospitals, in order to improve and reduce costs. All of the aforementioned factors are expected to propel the growth of the hyperbaric oxygen therapy (HBOT) devices market.
      Reasons for Buying Hyperbaric Oxygen Therapy (HBOT) Devices Market Report:
      • This report provides pin-point analysis for changing competitive dynamics
      • It provides a forward looking perspective on different factors driving or restraining market growth
      • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
      • It helps in understanding the key product segments and their future
      • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
      • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
      Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/13999583
      Detailed TOC of Hyperbaric Oxygen Therapy (HBOT) Devices Market Report 2019-2024:
      1 INTRODUCTION
      1.1 Study Deliverables
      1.2 Study Assumptions
      1.3 Scope of the Study
      2 RESEARCH METHODOLOGY
      3 EXECUTIVE SUMMARY
      4 MARKET DYNAMICS
      4.1 Market Overview
      4.2 Market Drivers
      4.2.1 Rising Prevalence of Acute and Chronic Wounds
      4.2.2 Widening Application of HBOT Devices in Cosmetic Procedures and Wound Healing
      4.2.3 Technological Advancements
      4.3 Market Restraints
      4.3.1 High Cost of Hyperbaric Oxygen Therapy
      4.3.2 Widening Gap Between Off-label Uses and FDA-approved Uses
      4.4 Porter’s Five Forces Analysis
      4.4.1 Threat of New Entrants
      4.4.2 Bargaining Power of Buyers/Consumers
      4.4.3 Bargaining Power of Suppliers
      4.4.4 Threat of Substitute Products
      4.4.5 Intensity of Competitive Rivalry
      5 MARKET SEGMENTATION
      5.1 Application
      5.1.1 Decompression Sickness
      5.1.2 Diabetic Foot Ulcers
      5.1.3 Gas Embolism
      5.1.4 Infection Treatment
      5.1.5 Wound Healing
      5.1.6 Other Applications
      5.2 Product Type
      5.2.1 Monoplace HBOT Devices
      5.2.2 Multiplace HBOT Devices
      5.2.3 Topical HBOT Devices
      5.3 Geography
      5.3.1 North America
      5.3.1.1 United States
      5.3.1.2 Canada
      5.3.1.3 Mexico
      5.3.2 Europe
      5.3.2.1 Germany
      5.3.2.2 United Kingdom
      5.3.2.3 France
      5.3.2.4 Italy
      5.3.2.5 Spain
      5.3.2.6 Rest of Europe
      5.3.3 Asia-Pacific
      5.3.3.1 China
      5.3.3.2 Japan
      5.3.3.3 India
      5.3.3.4 Australia
      5.3.3.5 South Korea
      5.3.3.6 Rest of Asia-Pacific
      5.3.4 Middle East & Africa
      5.3.4.1 GCC
      5.3.4.2 South Africa
      5.3.4.3 Rest of Middle East & Africa
      5.3.5 South America
      5.3.5.1 Brazil
      5.3.5.2 Argentina
      5.3.5.3 Rest of South America
      6 COMPETITIVE LANDSCAPE
      6.1 Company Profiles
      6.1.1 Environmental Tectonics Corporation
      6.1.2 Fink Engineering
      6.1.3 Gulf Coast Hyperbarics Inc.
      6.1.4 HAUX-LIFE-SUPPORT GmbH
      6.1.5 Hearmec Co. Ltd
      6.1.6 Hyperbaric SAC
      6.1.7 IHC Hytech BV
      6.1.8 HYPERBARIC MODULAR SYSTEMS INC. (HMS)
      6.1.9 Sechrist Industries Inc.
      6.1.10 SOS Medical Group Ltd
      7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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