According to a new report, published by KBV research, The Global Hyperbaric Oxygen Therapy Devices Market size is expected to reach $4.7 billion by 2030, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,13,114 units, experiencing a growth of 4.9% (2019-2022).
The Wound Healing segment is leading the Global Hyperbaric Oxygen Therapy Devices Market, by Application in 2022, thereby, achieving a market value of $2.4 Billion by 2030. HBOT can be highly effective in promoting wound healing. It is not a standalone treatment for all wounds. Healthcare providers assess each case individually and determine whether HBOT should be included in the overall wound care plan. Additionally, HBOT is typically administered in specialized hyperbaric chambers under the supervision of trained medical personnel to ensure patient safety and effectiveness.
The Multiplace segment is expected to witness a CAGR of 5.4% during (2023 - 2030). The growing need to treat more patients in a single cycle has increased demand for these systems in large hospitals. In addition, these devices can accommodate numerous patients with various conditions and facilitate the monitoring of each patient's indicators and symptoms by medical personnel. Extended patient treatment time is one of the main USPs of multiplace chambers.
The North America region dominated the Global Hyperbaric Oxygen Therapy Devices Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.6 Billion by 2030. The Europe region is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The Asia Pacific region would showcase a CAGR of 5.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/hyperbaric-oxygen-therapy-devices-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Fink Engineering Pty Ltd, Environmental Tectonics Corporation, HAUX-LIFE-SUPPORT GmbH, Gulf Coast Hyperbarics, Inc., HearMEC Co., Ltd., Hyperbaric SAC, Sechrist Industries, Inc, SOS Group GBR Ltd., Perry Baromedical Corporation and SMP Ltd.
By Application (Volume, Unit, USD Million, 2019-30)
By Product (Volume, Unit, USD Million, 2019-30)
By Geography (Volume, Unit, USD Million, 2019-30)
Companies Profiled
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