Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Perry Baromedical Corporation, Tekna Manufacturing, Haux-Life-Support GmbH, HiperTech

The global Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment market reached a value of US$ 3.5 billion in 2021. Looking ahead, the market is expected to reach $ 7.1 billion by 2027, growing at a CAGR of 9.2% between 2022 and 2027.

Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Overview

Hyperbaric oxygen treatment (HBOT) is used to treat a variety of health issues, including carbon monoxide overdose and diabetic foot ulcers. Researchers are working with the most renowned and cutting-edge subsea, offshore, and life support solution suppliers to introduce the next-generation multiplace hyperbaric oxygen therapy chambers. According to the World Health Organization, 422 million people worldwide have diabetes. According to the report, diabetes-related illnesses claim the lives of 1.6 million individuals annually. Numerous issues, such as diabetic foot ulcers, ischemic strokes, and persistent infections, can be brought on by diabetes. As more people are receiving diabetes and obesity diagnoses, the market will expand.

The rising incidence of obesity and diabetes is driving up the number of stroke cases, which is driving up product demand. A consistent market growth is anticipated during the projection period due to the increased efficacy and multifunctionality of hyperbaric oxygen therapy equipment. Rising consumer demand for non-invasive, drug-free treatments and integration of hyperbaric oxygen therapy devices with imaging technology such as CT and Magnetic Resonance Imaging (MRI) for researching brain ischemia and early identification of acute ischemic stroke will favorably affect market growth. In the next years, there will be new potential for market expansion due to ongoing research and development into preconditioning using hyperbaric oxygen therapy following an ischemic stroke.

Industry News and Updates:

May 2, 2022: CūtisCare Launches Second Annual Hyperbaric Aware™ National Campaign To Elevate Awareness Of Hyperbaric Oxygen Therapy --

CūtisCare, a leader in wound care and hyperbaric management, launches its second annual Hyperbaric Aware™ national campaign to elevate awareness of hyperbaric oxygen therapy. Hyperbaric Oxygen Therapy is an effective healing option for many different chronic conditions. Still, many go years without this treatment because they are unaware of treatment indications, benefits, and the patient selection criteria of hyperbaric medicine.

What are the major Applications, Types and Regions for Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Monoplace HBOT Devices


• Multiplace HBOT Devices

By Application, it is segmented into

• Infection Treatment


• Gas Embolism


• CO Poisoning


• Hypoxic Encephalopathy


• Others

Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Regional Analysis

North America dominated the market in 2021, with a 39.6% share, owing to a high demand for technologically sophisticated devices that ensure better healthcare delivery for babies. The establishment of well-equipped NICU facilities and an increase in the number of FDA approvals for infant care devices are both results of the value-based healthcare strategy. Furthermore, the industry is projected to grow as new, improved devices are introduced and approved in the United States and Canada.

The market in Europe is predicted to develop at an 8.42% CAGR due to an increase in the frequency of acquired illnesses among newborn babies, as well as an increase in the number of hospitals and NICUs. Additionally, a sizable patient base with low birth weight and an uptick in preterm deliveries are expected to drive the European market.

Asia Pacific, on the other hand, is anticipated to have exceptional growth at a CAGR of 7.87 % during the projection period. This can be ascribed to the significant growth in healthcare spending in the area as well as the high number of new births. Additionally, the expansion of government efforts in developing nations like India is helping the industry in the Asia Pacific.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market report scope?

Key Takeaways from this Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market Report

• Evaluate Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market?

The Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market is growing at a CAGR of 9.2% over the next 5 years.

Who are the key players in Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market?

Perry Baromedical Corporation, Tekna Manufacturing, Haux-Life-Support GmbH, HiperTech, SOS Group, Moon Hyperbaric, Royal IHC, Yangcang Equipment Co., Ltd., Submarine, ETC Hyperbaric Chambers, Fink Engineering Pty., Ltd., Gulf Coast Hyperbarics, Inc., Haux-Life-Support GmbH, Hearmec Co., Ltd., Hyperbaric Clearinghouse, Inc., IHC Hytech B.V., Pan-America Hyperbarics, Inc., Reimers Systems, Sechrist Industries, Inc., Environmental Tectonics Corporation, OxyHeal International, Inc., Medical Equipment and Consumer Goods Plant (KhSC), Submarine Manufacturing and Products Limited (SMP Ltd.), Baroks Hyperbaric A.S, Sands Hyperbarics, PCCI, Inc.

What are the significant types of Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market?

Monoplace HBOT Devices, Multiplace HBOT Devices

What are the major end-use applications of Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market?

Infection Treatment, Gas Embolism, CO Poisoning, Hypoxic Encephalopathy, Others

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