Hyperbaric Oxygen Therapy (HBOT) Devices Market, by Product Type (Monoplace HBOT Devices, Multiplace HBOT Devices, and Topical HBOT Devices), by Application (Wound Healing, Decompression Sickness, Infection, Gas Embolism, and Others), by End User (Hospita

Hyperbaric Oxygen Therapy (HBOT) Devices Market, by Product Type (Monoplace HBOT Devices, Multiplace HBOT Devices, and Topical HBOT Devices), by Application (Wound Healing, Decompression Sickness, Infection, Gas Embolism, and Others), by End User (Hospital & Clinics, Ambulatory Surgery Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Hyperbaric Oxygen Therapy (HBOT) devices help in the treatment of many diseases such as asthma, Bell's palsy, Parkinson’s disease, spinal cord injuries, hepatitis, migraines, multiple sclerosis, stroke, and sport injuries. Moreover, HBOT devices have Food and Drug Administration (FDA) approval for treating decompression sickness, thermal, necrotizing soft tissues infection and burn injury. HBOT devices are also used in off-label medical induction treatments such as brain injuries and cancer. Off-label means medication that is not specified in the FDA's approved packaging label. Increasing preference HBOT by patients as well as medical practitioners has led to growth in the HBOT devices market.
Market Dynamics
Increasing prevalence of diabetes is expected to boost the global Hyperbaric Oxygen Therapy (HBOT) devices market growth during the forecast period. For instance, according to the North West Coast Strategic Clinical Networks of National Health Services' report of 2017, an estimated 4.5 million people had diabetes in the U.K. alone. According to the same source, around 200,000 diabetes patients had diabetic foot ulcers in 2017 in U.K. Furthermore, over 64,000 people with diabetes in England and Wales are estimated to have foot ulcers at any given time.
Increasing expansion strategies by market players is expected to propel the market growth. For instance, in June 2017, AHA Hyperbarics GmbH, announced the launch of its subsidiary, AHA Hyperbarics USA, Inc., in the U.S., in order to expand its business and offerings. Similarly, in May 2019, BioBarica, announced the launch of a new service center in Junín, Latin America, which will offer Hyperbaric Oxygen Therapy.
Key features of the study:
This report provides in-depth analysis of the hyperbaric oxygen therapy devices market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hyperbaric oxygen therapy devices market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as part of this study include Fink Engineering Pty Ltd., Gulf Coast Hyperbarics, Inc., SOS Medical Group Ltd., IHC Hytech B.V., ETC BioMedical Systems, Haux-Life-Support GmbH, Sechrist Industries, Inc., GWR Medical, Inc., Hyperbaric Modular Systems, Inc., Hearmec Co., Ltd., and Premier Hyperbarics
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global hyperbaric oxygen therapy devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the hyperbaric oxygen therapy devices market
Detailed Segmentation:
Global Hyperbaric Oxygen Therapy (HBOT) Devices Market, By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
Global Hyperbaric Oxygen Therapy (HBOT) Devices Market, By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
Global Hyperbaric Oxygen Therapy (HBOT) Devices Market, By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
Global Hyperbaric Oxygen Therapy (HBOT) Devices Market, By Region:
North America
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country:
U.S.
Canada
Latin America
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Monoplace HBOT Devices
Multiplace HBOT Devices
Topical HBOT Devices
By Application:
Wound Healing
Decompression Sickness
Infection
Gas Embolism
Others
By End User:
Hospitals and Clinics
Ambulatory Surgery Centers
Others
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Fink Engineering Pty Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Highlights
Market Strategies
Gulf Coast Hyperbarics, Inc.
SOS Medical Group Ltd.
IHC Hytech B.V.
ETC BioMedical Systems
Haux-Life-Support GmbH
Sechrist Industries, Inc.
GWR Medical, Inc.
Hyperbaric Modular Systems, Inc.
Hearmec Co., Ltd.
Premier Hyperbarics
“*” marked represents similar segmentation in other categories in the respective section.