Hyperbaric Oxygen Therapy Devices Market
Hyperbaric Oxygen Therapy Devices Market Analysis by Monoplace HBOT Devices, Multiplace HBOT Devices, and Topical HBOT Devices from 2023 to 2033
Analysis of Hyperbaric Oxygen Therapy Devices Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Hyperbaric Oxygen Therapy Devices Market Outlook (2023 to 2033)
The global hyperbaric oxygen therapy devices market accounts for a valuation of US$ 3.5 billion in 2023 and is forecasted to climb to US$ 7.2 billion by the end of 2033. As per this detailed Fact.MR research analysis, worldwide demand for hyperbaric oxygen therapy devices is predicted to rise at a high-value 7.4% CAGR over the next ten years.
At 1.5 to 3 times the average atmospheric pressure, hyperbaric oxygen therapy (HBOT) devices supply 100% pure oxygen to the bodily tissues. Excess oxygen in the circulation encourages the production of white blood cells and leucocytes, which fight bacteria, as well as the secretion of stem cells, which aids in speedier healing and the restoration of normal body function.
Hyperbaric oxygen therapy devices are used to treat chronic problem wounds by delivering oxygen to all body tissues through monoplace HBOT chambers, multiplace hyperbaric chambers, or topical HBOT chambers.
- As per an article featured on the World Health Organization (WHO) website, around 422 million people are suffering from diabetes around the world and nearly 1.5 million deaths can be attributed to this disease every year.
Adoption of sedentary lifestyles and poor eating habits have influentially contributed to the rising incidence of diabetes among the general population. The use of hyperbaric oxygen therapy devices for diabetic foot ulcer treatment is projected to rise as the incidence of diabetes increases around the world.
- A new report by the World Heart Federation (WHF) revealed that the incidence of cardiovascular disease surged 30% from 12.1 million in 1990 and 20.5 million in the year 2021.
The world has also witnessed a notable hike in the prevalence of cardiovascular disorders, which is projected to promote the use of hyperbaric oxygen therapy for stroke treatment over the coming years. Advancements in hyperbaric oxygen treatment procedures, rising healthcare expenditure, the launch of initiatives to reduce hyperbaric oxygen therapy costs, and the growing use of hyperbaric oxygen therapy for wound healing applications are other prospects promulgating market growth throughout the study period.
Rising adoption of hyperbaric oxygen therapy equipment for lung disease treatment, prevention of reperfusion injury, and transition of healthcare personnel to hyperbaric oxygen therapy devices for healing soft tissue necrosis is extrapolated to create new opportunities for new as well as established hyperbaric oxygen therapy device companies.
Hyperbaric oxygen therapy device start-ups are coming up with unique solutions to improve the quality of hyperbaric oxygen therapy.
- OxyHeal, a start-up based in India, is focusing on improving the quality of chronic wound healing and care through the use of localized hyperbaric oxygen therapy. The company had plans to develop a device that is portable and easy to use as per prescriptions from the doctor.
An elaborate assessment detailing the effects of aspects such as local supply, pricing trends, product standards, safety regulations, and new developments on the hyperbaric oxygen therapy devices industry has been listed in this research report by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
| Report Attributes | Details |
|---|---|
| Hyperbaric Oxygen Therapy Devices Market Size (2023) | US$ 3.5 Billion |
| Projected Market Value (2033F) | US$ 7.2 Billion |
| Global Market Growth Rate (2023 to 2033) | 7.4% CAGR |
| Leading Regional Market (2023) | North America |
| Monoplace HBOT Device Demand Growth (2023 to 2033) | 7% CAGR |
| Europe Market Share (2023) | 20% |
| Key Companies Profiled | Perry Baromedical; HAUX-LIFE-SUPPORT; Royal IHC; SOS Group Global Ltd.; OxyHealth; PCCI Inc.; Gulf Coast Hyperbarics Inc.; IHC Hytech B.V. |
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What Issues Could Lessen the Adoption of Hyperbaric Oxygen Therapy Systems?
“High Treatment Cost, Poor Reimbursement Policies, and Therapy Side Effects”
Oxygen toxicity, barotraumatic lesions, and ocular effects are some complications that a patient could face during hyperbaric oxygen therapy. Growing awareness regarding these side effects and complications among patients is projected to hurt sales of hyperbaric oxygen therapy equipment in the long run.
Hyperbaric oxygen therapy instruments are usually on the expensive end of the spectrum and this is forecasted to hurt its sales, especially in the developing economies with tight healthcare budgets.
Suspicions of medical experts regarding the use of hyperbaric oxygen therapy in unapproved contexts could also stifle market growth over the study period. Surging costs of treatments coupled with poor reimbursement policies are also anticipated to trouble hyperbaric oxygen therapy device suppliers going forward.
Lack of awareness regarding hyperbaric oxygen therapy device benefits and the dearth of skilled professionals to operate advanced hyperbaric oxygen therapy machines are also slated to impede market development in some regions of the world.
Country-wise Insights
Why are Hyperbaric Oxygen Therapy System Companies Flocking to the United States?
“Rising Investments in R&D and Favorable Reimbursement Policies”
Favorable reimbursement regulations, an increase in R&D efforts, and rising government healthcare spending are factors that are estimated to drive HBOT devices market revenue in the United States over the coming years.
The financial strain on the United States healthcare system is so high that the medical services and centers for medical care have amended the payment policy for wound care, providing financial incentives to hospitals, to improve and reduce expenses.
Furthermore, the rising prevalence of necrotizing soft tissue infections, diabetes, and cancer, as well as the involvement of renowned hyperbaric oxygen therapy device companies in this market are also slated to benefit market growth scope going forward.
Why is Hyperbaric Oxygen Therapy Device Demand Rising Rapidly in Asian Countries?
“Flourishing Medical Tourism Attracting Huge Investments”
Asian countries have been witnessing a notable hike in the number of medical tourists over the past few years and this is forecasted to be a key trend that is slated to offer moneymaking opportunities for hyperbaric oxygen therapy device companies in the long run.
- Low cost of quality medical care in Asian countries such as India, China, and Malaysia are what make the Asia Pacific region a hotspot for medical tourism.
Increasing investments by the governments of Asian economies to improve their healthcare infrastructure and the growing availability of advanced treatments are also setting the tone for remunerative business growth in the APAC region across the study period.
Rising incidence of gas embolism and carbon monoxide poisoning, as well as increasing investments by key companies to develop new hyperbaric oxygen therapy devices, are driving market expansion in China. Rapid development and modernization of healthcare facilities and the adoption of more favorable reimbursement regulations in the country are also anticipated to promote market growth through 2033.
Which European Countries Should HBOT Device Manufacturers Target?
“Germany, France, United Kingdom – Leading European Markets”
Increasing government healthcare spending in countries such as Germany, France, and the United Kingdom is projected to open up new avenues of opportunities for hyperbaric oxygen therapy device suppliers over the coming years. The launch of new R&D programs to explore the effects of hyperbaric oxygen therapy on different diseases is also estimated to promote market growth in this region from 2023 to 2033.
- Demand for hyperbaric oxygen therapy devices in the European region accounts for 20% of the global market share in 2023.
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Category-wise Insights
Why are Monoplace HBOT Devices in Such High Demand?
“Growing Adoption of Monoplace HBOT Devices in Hospitals & Clinics”
- Demand for monoplace HBOT devices is forecasted to rise at a CAGR of 7% from 2023 to 2033.
Recent innovations and increasing utilization of monoplace HBOT devices in hospitals and clinics are projected to fuel market development across the study period. Growing adoption of monoplace HBOT systems for wound healing, widespread availability of monoplace devices, rising demand for the convenience of handling, and reduced hospital gas supply requirements are the factors fuelling the sales of monoplace HBOT devices.
Furthermore, monoplace HBOT devices can handle a large number of patients with various diseases and assist medical personnel in monitoring all of the patient's indications and symptoms. Increased penetration to provide portability and user-friendly operability will also help to propel the HBOT devices market forward.
For What Purpose Will Hyperbaric Oxygen Therapy Devices Be Used Most Extensively?
“Hyperbaric Oxygen Therapy for Wound Healing to Drive Market Expansion”
Hyperbaric oxygen therapy devices are becoming more common in the healthcare system as the prevalence of wound site infection rises. Rapid healing necessitates an abundance of oxygen.
- Hyperbaric oxygen therapy involves exposing the body to 100% oxygen in the injured area to speed up the healing process.
Because of the rising occurrences of obesity and diabetes around the world, the demand for hyperbaric oxygen therapy systems in wound healing applications will rise. Factors such as rising healthcare expenses and an expanding geriatric population are also projected to bolster the use of hyperbaric oxygen therapy devices in wound healing applications through 2033.
Competitive Landscape
Top-tier hyperbaric oxygen therapy equipment providers are focusing on launching initiatives and campaigns that promote awareness regarding the benefits of hyperbaric oxygen therapy for different disorders.
- In May 2021, CutisCare, a renowned name in hyperbaric management and wound care, announced the launch of its Hyperbaric Aware website. The company also launched a national campaign to educate people and create awareness regarding hyperbaric oxygen therapy benefits.
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Key Segments of Hyperbaric Oxygen Therapy Devices Industry Research
-
By Product :
- Monoplace HBOT Devices
- Multiplace HBOT Devices
- Topical HBOT Devices
-
By Application :
- Wound Healing
- Decompression Sickness
- Infection Treatment
- Gas Embolism
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Market Dynamics
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product
- 10.1. Monoplace HBOT Devices
- 10.2. Multiplace HBOT Devices
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 11.1. Wound Healing
- 11.2. Decompression Sickness
- 11.3. Infection Treatment
- 11.4. Gas Embolism
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia
- 12.6. Oceania
- 12.7. Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. Perry Baromedical
- 22.2. HAUX-LIFE-SUPPORT
- 22.3. Royal IHC
- 22.4. SOS Group Global Ltd.
- 22.5. OxyHealth
- 22.6. PCCI, Inc.
- 22.7. Gulf Coast Hyperbarics, Inc.
- 22.8. IHC Hytech B.V.
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Product
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2023 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Product, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Product, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Product, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Product, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Product, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Product, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Product, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Product, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Product, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Product, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Product, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Product, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Product, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Product, 2023 (E)
Figure 75: U. S. Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Product, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Product, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Product, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Product, 2023 (E)
Figure 87: U. K. Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Product, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Product, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Product, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Product, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Product, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Product, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Product, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Product, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Product, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Product, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Product, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Product, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Product, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Product, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Product, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the hyperbaric oxygen therapy devices market in 2023?
The global hyperbaric oxygen therapy devices market is valued at US$ 3.5 billion in 2023.
What is the projected hyperbaric oxygen therapy devices market size for 2033?
Sales of hyperbaric oxygen therapy devices are projected to reach US$ 7.2 billion by 2033-end.
At what CAGR is the global market projected to expand?
Hyperbaric oxygen therapy device shipments are predicted to rise at 7.4% CAGR from 2023 to 2033.
What is hyperbaric oxygen therapy used for?
Hyperbaric oxygen therapy is used to treat scuba divers affected by rapid change in pressure, diabetic foot ulcers, wound healing, infection treatment, etc.
How many types of hyperbaric chambers are there?
Two types of hyperbaric chambers are there, classified as monoplace and multiplace chambers.
Which companies are leading manufacturers of hyperbaric oxygen therapy devices?
Perry Baromedical, HAUX-LIFE-SUPPORT, Royal IHC, SOS Group Global Ltd., and OxyHealth are key players in this market.
Hyperbaric Oxygen Therapy Devices Market