The research report on hyperbaric oxygen (HBO) therapy devices market estimates the market by product types such as multiplace chamber, oxygen chambers, monoplace chambers, and others. It evaluates the market by applications such as sickness, stroke, decompression sickness, chronic wound treatment, etc. Rising incidences of chronic wounds has led to the popularity of HBO therapy.
The research report analyzes the qualitative information and reimbursement and pricing of treatment. The research report evaluates the historical data and provides forecasts of the hyperbaric oxygen (HBO) therapy devices market. It also details the various sub-segments within the HBO devices industry according to products and applications. The report recommends market strategy for new entrants as well as existing companies to increase or sustain their market share.
A wide array of graphics makes for an easy-to-comprehend market analysis. Moreover, the use of Porter’s five forces model analysis, SWOT analysis and a study of the value-chain keep you abreast of the projected opportunities and threats in the wind power market.
Overview of the hyperbaric oxygen (HBO) therapy devices market
Hyperbaric oxygen therapy (HBO) refers to increased pressure of oxygen. Patients lie in a HBO chamber and breathe in 100% oxygen. This helps to improve the oxygen content in the body, which in turn speeds up the healing. Since, this is a therapy, the time of treatment administered varies depending on the disorder being treated. This therapy was originally developed to prevent scuba divers from suffering carbon monoxide poisoning. Currently, the increasing amount of research for HBO therapy has opened doors for this therapy to be used for different applications ranging from thermal burns to autism.
In 1999, a kit for application of topical hyperbaric therapy was approved by the US Food and Drug Administration. The FDA decided that this device was substantially similar to existing devices. HBO therapy finds it application in soft tissue healing, wound healing, and cerebral strokes and bends treatment. HBO therapy improves circulation of blood in diabetics. The increasing number of diabetic patients will serve as a future opportunity for the growth of the hyperbaric oxygen therapy devices market.
Even though HBO therapy is used for various wound care treatments, clinical trial data from many institutions does not establish the effectiveness of this therapy completely. Hence, to improve the efficiency of HBO therapy, manufacturers are making heavy investments in the research and development of new products. The global hyperbaric oxygen (HBO) therapy devices market according to geography is divided into North America, Europe, Asia-Pacific, and Rest of the World.
The companies profiled in this report are ETC Biomedical System, Gulf Coast Hyperbaric Inc., Fink Engineering Pty. Ltd., OxyHeal Health Group, Haux-Life GmbH, Arrow International, Inc., Medallion therapeutics, Inc., Codman & Shurtleff, Inc., Tricumed GmbH, and Medtronic, Inc.
Major geographies analyzed under this research report are:
- North America
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements in the micro servers industry
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments