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The researcher assessing the Hyperbaric Oxygen Therapy (HBOT) Devices Market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 - 2027.
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Hyperbaric Oxygen Therapy (HBOT) Devices/Equipment Market To Reach USD 480.2 Million By 2026 www.reportsanddata.com
Market Summary According to the recent analysis of Reports and Data, the global hyperbaric oxygen therapy market is expected to reach USD 480.2 million by the year 2026, in terms of value at a CAGR of 13.6%. Rising incidence of infections and serious injury are driving the hyperbaric oxygen therapy (HBOT) devices/equipment market. Hyperbaric oxygen therapy has various applications such as crush injuries, thermal burn injuries, intracranial abscess, severe anemia and others. The adoption rate of this technology is rapidly increasing due to the amount of high income populations around the globe. The high commercial availability of hyperbaric oxygen therapy systems is one of the main factors that is driving the market over the forecast period. However, few medical professionals are still not convinced about the usage of hyperbaric oxygen therapy devices which is expected to impede growth of the hyperbaric oxygen therapy market. The technological advancements in portable HBOT system and growing awareness among healthcare professionals with the benefits of the multiplace HBOT equipment are some of the key factors driving the growth of the hyperbaric oxygen therapy market. Various new products and acquisitions among companies are seen over the past few years. It has been observed that increasing number of treatments for the hyperbaric oxygen therapy are performed globally as compared to the previous decade. www.reportsanddata.com
Market Summary Further key findings from the report suggest The hyperbaric oxygen therapy (HBOT) market size was estimated at USD 170 million in 2018 and is expected to grow at a CAGR of 13.6% from 2019 to 2026 Hyperbaric oxygen chambers were the most extensive product segment with a significant market share in 2018. The Asia Pacific region is anticipated to have a huge rise in the growth over the next decade owing to various developments in healthcare infrastructure and also have huge technological advancements in the medical device industry across major emerging economies. It is expected to grow at a CAGR of 14.2% over the forecast period. Some of the key players including ETC Biomedical Systems, Sechrist Industries, Inc., OxyHeal International, Inc., Perry Baromedical Corporation, Hyperbaric SAC, Fink Engineering Pty. Ltd., HAUX-LIFE-SUPPORT GmbH, Hearmec Co., Ltd., IHC Hytech B.V. and Gulf Coast Hyperbarics, Inc. Read More:- https://www.reportsanddata.com/report-detail/hyperbaric-oxygen-therapy-hbot-market www.reportsanddata.com
Market Summary By Application (Revenue, USD Million; 2016–2026) • Injuries • Infections • Insufficiencies • Carbon Monoxide Poisoning • Other Applications By End User (Revenue, USD Million; 2016–2026) • Hospitals • Ambulatory Care Centers • Outpatient Clinics • Standalone Hyperbaric Treatment Centers • Other End Users www.reportsanddata.com
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