Home » Medical Devices » Hyperbaric Oxygen Therapy (HBOT) Devices Market

Hyperbaric Oxygen Therapy (HBOT) Devices Market By Device Type (Monoplace & Multiplace HBOT Devices) By Application (Wound Healing, Decompression Sickness, Air Or Gas Embolism, Infection Treatment & Others) – Growth, Future Prospects & Competitive Analysis, 2016 – 2024

Price: $4999

Published: | Report ID: 5719 | Report Format : PDF

Market Insights

The global market for hyperbaric oxygen therapy (HBOT) devices is anticipated to reach US$ 267.9 million by 2024. The increasing preference of physicians to use oxygen therapy has greatly contributed to the market growth of HBOT devices. HBOT devices have received F.D.A. approval for the treatment of necrotizing soft tissue infections, injuries, burns, decompression sickness, and others. Off-label use of HBOT devices encompasses the treatment of brain injuries and even cancer, despite a lack of robust clinical evidence. The HBOT devices market is therefore expected to witness a boost in regional markets such as Asia Pacific, Latin America, and parts of Europe.

As the areas of Application of hyperbaric oxygen therapy are gradually increasing, there has been a resultant growth in the number of manufacturers offering HBOT devices. This has thus been driving the global HBOT device market. However, moderate skepticism associated with the adoption of hyperbaric oxygen therapy and the large capital and space requirements may hold back the growth of this market. Further approvals expanding the Application of hyperbaric oxygen therapy will consequently open avenues for market proliferation. Additionally, revived demand for HBOT devices will also be witnessed in the market due to the growing adoption of multiple devices.

Design Element 2

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample
CTA Design Element 3

Market Synopsis

Heightened demand for multiplace HBOT devices to bolster the market position

At present, monoplane HBOT devices enjoy the dominance in the global HBOT devices market. Early introduction in the market and easy adoption in financially moderate settings facilitate the prominent position of this segment. On the other hand, the position of monoplane HBOT devices will be significantly challenged by the growing popularity of multiple devices. Multiple devices are gaining heightened demand, particularly in the developed parts of the world, due to their greater affordability and ability to treat multiple patients simultaneously.

Wound healing to spearhead the HBOT device market

Wound care and the prevention of infection form a prime concern for healthcare professionals worldwide. Rising incidences of pressure and diabetic ulcers, post-surgical complexities, and burns have urged the need for innovative and advanced wound care solutions such as hyperbaric oxygen therapy.

Oxygen therapy has been approved for wound healing purposes as it efficiently helps in improving morbidity while simultaneously providing a moist environment for appropriate wound healing. Some of the prime wound healing applications where HBOT is used include thermal burns, soft tissue infections, delayed radiation injuries, crush injuries, and diabetic wounds. However, a lack of awareness and less accessibility in resource-poor settings may restrict the widespread adoption of HBOT devices for wound healing applications.

Set to remain the leading market for medical devices, North America will dominate the market.

North America is the largest regional market for hyperbaric oxygen therapy devices, followed by Europe and Asia Pacific. The large patient population affected by diabetes and infection is the major driver of the North American market. The existence of evolved healthcare infrastructure, favorable reimbursement policies, and greater awareness are the other key factors facilitating the dominance of North America on the global front. Additionally, Asia-Pacific is identified as the fastest-growing regional market for hyperbaric oxygen therapy devices.

Increasing disposable incomes and the widespread proliferation of healthcare systems are the key drivers supporting the growth of the Asia-Pacific market. It is also anticipated that due to the large geographical landscape and growing healthcare facilities in remote areas, the demand for topical HBOT devices will be high in Asia Pacific and Latin America.

Historical and Forecast Period

  • 2014, the historical year
  • 2015, the base year
  • 2016-2024: Forecast Period

This research report presents the analysis of each segment considered for the period from 2014 to 2024, using 2015 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2016 to 2024.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Report Scope by Segments

The hyperbaric oxygen therapy devices market report provides a quantitative assessment of the industry in terms of current and forecasted market size while also presenting the market dynamics. This market is segmented based on drugs, diagnostic tools, and geography.

by Device Type (2014–2024; US$ Mn)

  • Monoplace HBOT devices
  • Multiplace HBOT devices

by Application (2014–2024; US$ Mn)

  • Wound healing
  • Decompression sickness
  • air or gas embolism
  • Infection treatment
  • Others
  • Laboratory Testing

Geography Segment (2014–2024; US$ Mn)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The overall dynamics of the global hyperbaric oxygen therapy devices market are analyzed to understand the current market scenario and future outlook. Assessment of market drivers, challenges, and opportunities gives the readers an insight into the major market aspects. This report also includes a collection of profiles of major players operating in the global market for hyperbaric oxygen therapy devices. Some of these major market players are E.T.C. Biomedical Systems, Sechrist Industries, Inc., HyperTec, Inc., OxyHeal Health Group, Perry Baromedical Corporation, Haux-Life-Support GmbH, HYPERBARIC S.A.C., Hyperbaric Technology (HyTech) B.V., Sands Hyperbaric Corporation, S.O.S. Medical Group Ltd., Hearmec Co., Ltd., and Fink Engineering Pty. Ltd.

Key questions are answered in this report.

  • Status of the global hyperbaric oxygen therapy devices market in the base year 2015
  • How will the global market for HBOT devices advance through the forecast period from 2016 to 2024?
  • What are the drivers and opportunities prevalent in the global HBOT device market?
  • How may the current market challenges restrict the market growth during the forecast period?
  • What are the key growth strategies implemented or undertaken by the major market players for augmenting or retaining their positions?
  • Which device types hold dominance in the global market, and which segment will challenge its dominance?
  • Which is the most prominent therapeutic use holding prominence in the global HBOT device market?
  • How will the Asia-Pacific market fare on the global front during the forecast period from 2016 to 2024?

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Hyperbaric Oxygen Therapy Devices Market Portraiture

Chapter 3 Hyperbaric Oxygen Therapy Devices Market Analysis
3.1 Global Hyperbaric Oxygen Therapy Devices Market Overview
3.1.1 Market Dynamics
3.1.2 Drivers
3.1.2.1 Driver 1
3.1.2.2 Driver 2
3.1.3 Challenges
3.1.3.1 Challenge 1
3.1.3.1 Challenge 2
3.1.4 Opportunities
3.1.4.1 Opportunity 1
3.2 Attractive Investment Proposition
3.3 Competitive Landscape of Key Vendors in Hyperbaric Oxygen Therapy Devices Market

Chapter 4 Global Hyperbaric Oxygen Therapy Devices Market, by Devices, 2013-2024
4.1 Introduction
4.2 Monoplace HBOT Devices
4.3 Multiplace HBOT Devices

Chapter 5 Global Hyperbaric Oxygen Therapy Devices Market, by Applications, 2013-2024 (USD Mn)
5.1 Introduction
5.2 Wound Healing
5.3 Decompression Sickness
5.4 Air or Gas Embolism
5.5 Infection Treatment
5.6 Others

Chapter 6 Global Hyperbaric Oxygen Therapy Devices Market, By Geography, 2013-2024 (USD Mn)
6.1 Preface
6.2 North America
6.2.1 United States
6.2.2 Canada
6.3 Europe
6.3.1 United Kingdom
6.3.2 Germany
6.3.3 Rest of Europe
6.4 Asia Pacific
6.4.1 Japan
6.4.2 China
6.4.3 Rest of Asia Pacific
6.5 Latin America
6.6 Middle East and Africa

Chapter 7 Company Profiles
7.1 ETC Biomedical Systems
7.2 Sechrist Industries, Inc.
7.3 HyperTec, Inc.
7.4 OxyHeal Health Group
7.5 Perry Baromedical Corporation
7.6 Haux-Life-Support GmbH
7.7 HYPERBARIC S.A.C.
7.8 Hyperbaric Technology (HyTech) B.V.
7.9 Sands Hyperbaric Corporation
7.10 SOS Medical Group Ltd.
7.11 Hearmec Co., Ltd.
7.12 Fink Engineering Pty. Ltd.

List of Figures

FIG. 1 Hyperbaric Oxygen Therapy Devices Market: Research Methodology
FIG. 2 Hyperbaric Oxygen Therapy Devices Market, by Devices, 2015 (USD Mn)
FIG. 3 Hyperbaric Oxygen Therapy Devices Market, by Application, 2015 (USD Mn)
FIG. 4 Attractive Investment Proposition: Global Hyperbaric Oxygen Therapy Devices Market, by Geography
FIG. 5 Global Monoplace HBOT Devices Market, 2013-2024, (USD Mn)
FIG. 6 Global Multiplace HBOT Devices Market, 2013-2024, (USD Mn)
FIG. 7 HBOT Devices Market for Wound Healing, 2013–2024 (USD Mn)
FIG. 8 Global HBOT Devices Market for Decompression Sickness, 2013–2024 (USD Mn)
FIG. 9 Global HBOT Devices Market for Air or Gas Embolism, 2013–2024 (USD Mn)
FIG. 10 Global HBOT Devices Market for Infection Treatment, 2013–2024 (USD Mn)
FIG. 11 Global HBOT Devices Market for Other Applications, 2013–2024 (USD Mn)
FIG. 12 Latin America Hyperbaric Oxygen Therapy Devices Market, 2013–2024 (USD Mn)
FIG. 13 Middle East & Africa Hyperbaric Oxygen Therapy Devices Market, 2013–2024 (USD Mn)

List of Tables

TABLE 1 Global Hyperbaric Oxygen Therapy Devices Market, by Devices, 2013-2024 (USD Mn)
TABLE 2 Global Hyperbaric Oxygen Therapy Devices Market, by Applications, 2013 – 2024 (USD Mn)
TABLE 3 Global Hyperbaric Oxygen Therapy Devices Market, by Geography, 2013–2024 (USD Mn)
TABLE 4 North America Hyperbaric Oxygen Therapy Devices Market, by Country, 2013–2024 (USD Mn)
TABLE 5 Europe Hyperbaric Oxygen Therapy Devices Market, by Country, 2013–2024 (USD Mn)
TABLE 6 Asia-Pacific Hyperbaric Oxygen Therapy Devices Market, by Country, 2013–2024 (USD Mn)
TABLE 7 ETC Biomedical Systems: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 8 Sechrist Industries, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 9 HyperTec, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 10 OxyHeal Health Group: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 11 Perry Baromedical Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 12 Haux-Life-Support GmbH: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 13 HYPERBARIC S.A.C.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 14 Hyperbaric Technology (HyTech) B.V.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 15 Sands Hyperbaric Corporation: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 16 SOS Medical Group Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 17 Hearmec Co., Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 18 Fink Engineering Pty. Ltd.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)

Frequently Asked Question

What is the size of Hyperbaric Oxygen Therapy Devices Market?

The market for Hyperbaric Oxygen Therapy Device Market is expected to reach USD$ 267.9 Mn in 2024.

What is the Hyperbaric Oxygen Therapy Devices Market CAGR?

The Hyperbaric Oxygen Therapy Devices Market is expected to see significant CAGR growth over the coming years, at 7.5%.

What is the Forecast period considered for Hyperbaric Oxygen Therapy Devices Market?

The report is forecasted from 2016 -2024.

What is the base year considered for Hyperbaric Oxygen Therapy Devices Market?

The base year of this report is 2015.

Who are the major players in this market?

ETC Biomedical Systems, Sechrist Industries, Inc., HyperTec, Inc., Oxy Heal Health Group .a re some of the major players in the global market.

Patient Positioning Systems Market

Published:
Report ID: 8794

Orthopedic Oncology Treatment Market

Published:
Report ID: 8246

Audiology Devices Market

Published:
Report ID: 2640

Cardiac Rehabilitation Devices Market

Published:
Report ID: 35105

IV Tubing Sets and Accessories Market

Published:
Report ID: 35095

Infectious Disease Diagnostic Market

Published:
Report ID: 35089

Elastomeric Infusion Pumps Market

Published:
Report ID: 4996

Emergency Hospital Bed Market

Published:
Report ID: 35082

Elder Care Product Market

Published:
Report ID: 35079

Wound Care Market

Published:
Report ID: 6983

Companion Diagnostics Market

Published:
Report ID: 3964

Apheresis Equipment Market

Published:
Report ID: 1592

Purchase Options

$2999
Delivery Format: Excel.
$4999
Designed for the individual purchaser.
$6999
Users located at a single corporate site or regional office.
$7999
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN