Introduction to the Hyperbaric Oxygen Service Market for the U.S. Wound Care

Published by: Frost & Sullivan

Published: Oct. 1, 2000

Table of Contents

• Introducing the Market Engineering Consulting Report
  
  
  
  • Overview
    
  
  
• Executive Summary
  
  
  
  • Introduction to theHyperbaric Oxygen Service Market for the U.S. Wound Care Industry
    
  
  
• Market Engineering Research Methodology
  
  
  
  • Research Scope
    
  • Research Methodology
    
  • Market Engineering Forecasting Methodology
    
  • Glossary of Terms
    
  
  
• Industry Challenges
  
  
  
  • Identification of Challenges Facing the U.S. Hyperbaric Oxygen Therapy Service Market for the Wound Care Industry
    
  
  
• Market Engineering Research for the U.S. Hyperbaric OxygenService Market for the Wound Care the Wound Care Industry 1999-2006
  
  
  
  • Overview of the Manufacturersof Hyperbaric Oxygen Chambers
    
  
  
• Market Engineering Research for the U.S. Hyperbaric Oxygen Service Market for the Wound Care Industry 1999-2006
  
  
  
  • Strategic Analysis and Forecasts ofthe Hyperbaric Oxygen Service Market
    
  • Hyperbaric Oxygen Therapy Service Market for the U.S. Wound Care Industry
    
  • Competitive Implications
    
  
  
• Market Engineering Strategy
  
  
  
  • What Is Market Engineering Strategy?
    
  • Market Engineering Strategic Recommendations
    
  
  
• Market Engineering Awards for the Hyperbaric Oxygen Therapy Service Market for the U.S. Wound Care Industry
  
  
  
  • Frost & Sullivan's 2000Market Engineering Awards
    
  
  
• Market Engineering Planning
  
  
  
  • Integrating Market Engineeringinto the Business Planning Process
    
  
  
• Implementation of Market Engineering
  
  
  
  • How to ImplementMarket Engineering in a Company
    
  
  
• Market Engineering Monitoringof the Hyperbaric Oxygen Service Market for the U.S. Wound Care Industry
  
  
  
  • Purpose of Market Engineering Monitoring
    
  
  
• Database of Key Industry Participants
  
  
  
  • Market Participants
    
  • Treatment Facilities
    
  • Hospitals
    
  • Moist Dressings Manufacturers
    
  • Industry Consultants
    
  • Related Organizations
    
  • Research Centers
    
  
  
• Market Engineering Supplement
  
  
  
  • Introduction
    
  • Strategic Significance of the Market Engineering Measurements
    
  • How to Improve the Market Engineering Strategy Development Process
    
  • How to Implement Market Engineering in a Company
    
  • How to Make the Most of ThisMarket Engineering Report
    
  • How to Design a SuccessfulMonitoring Program
    
  • Top Ten Critical Elements of aMarket Engineering Program
    
  • Strategic Recommendations forFurther Research
    
  
  

Abstract

Implementation Challenge Identification Hyperbaric oxygen therapy (HBO) is becoming more popular because of its therapeutic value in healing chronic wounds. The number of hospital-affiliated hyperbaric centers was increasing until the Healthcare Finance Administration (HCFA) announced it was reducing the HBO reimbursement plan. While this announcement will affect revenues in the short-term, the long-term prognosis for the HBO therapy service market is positive. An expanding patient population and increasing penetration rates should cause this market to grow, especially as more and more people become aware of the benefits of HBO therapy.

This Frost & Sullivan strategic report presents the current state of the U.S. HBO therapy service markets for the wound care industry. It forecasts future revenue and growth rates, and identifies major challenges facing the industry, making it an excellent resource for companies that want to take advantage of key market opportunities.

HBO Therapy Providers Must Realize Market Potential

There are over 16 million people in the U.S. with diabetes who can benefit tremendously from HBO therapy. Diabetics often suffer from poor circulation, which causes sores and ulcers that are very difficult to heal. "If they have poor circulation, they can't get oxygen to the sores/ulcers to help the healing process," states the author of this report. "Hyperbaric oxygen provides the oxygen to help them heal."

Successful providers of HBO therapy will realize the potential of the diabetic market and increase the number of hyperbaric chambers made available to these patients in both hospitals and specialized HBO therapy centers.

Wide Range of Treatments May Adversely Effect Market

HBO chamber centers can provide treatment for a wide range of ailments. But many of these have not been proven effective to the medical community. HBO service providers have not supplied enough data for the non-approved therapies, thus overshadowing the market for approved ones. They must show evidence and set up protocols to support their claims that hyperbaric therapy works for a multitude of ailments.

"Without research data to develop treatment protocols and subsequent therapy, many physicians question the efficacy of HBO," states the author. "This doubt permeates and sometimes hinders approved therapies." A thorough understanding of the latest factors shaping this industry is crucial to market success, making this report indispensable to companies that want to take advantage of growth opportunities.

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