About hyperbaric oxygen therapy
Hyperbaric oxygen therapy is a procedure that delivers oxygen under increased atmospheric pressure. It is a non-invasive technique that treat a wide variety of acute and chronic conditions. This therapy involves the utilization of pressure chambers and consists of pure oxygen (100%). These pressure chambers provide sufficient oxygen levels to the blood of a damaged tissue. The air pressure in this chamber is three times greater than normal air pressure. Under high pressure, oxygen dissolves into the blood and other body fluids such as lymph, plasma, and cerebrospinal fluids. These oxygen-enriched fluids are circulated to the affected areas. As more oxygen enters the damaged tissues, the body responds efficiently to support its healing process.
Technavio's analysts forecast the global hyperbaric oxygen therapy devices market to grow at a CAGR of 7.46% over the period 2014-2019.
Covered in this report
This report covers the present and future scenario of the global hyperbaric oxygen therapy devices market for the period 2015-2019. To calculate the market size, Technavio uses revenue generated from the application of hyperbaric oxygen therapy devices.
Technavio's report, Global Hyperbaric oxygen Therapy Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global hyperbaric oxygen therapy devices market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Hyperbaric Oxygen Therapy Devices Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Hyperbaric Oxygen Therapy Devices Market: ETC BioMedical Systems, Fink Engineering, Gulf Coast Hyperbar, OxyHeal and Perry Baromedical
Other Prominent Vendors in the market are: HAUX-LIFE-SUPPORT, HearMEC, Hyperbaric, Hyperbaric Clearinghouse, IHC Hytech, Medical Multiplex, Pan-America Hyperbarics, Reimers Systems, Sechrist Industries and SOS Medical Group
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology have led to the development of portable hyperbaric oxygen therapy devices. These specialized chambers are durable, safe, and comfortable for researchers, clinicians, and patients alike. Many companies such as OxyHealth and SOS Hyperlite are involved in the manufacture of portable hyperbaric chambers. OxyHealth develops portable hyperbaric chambers such as Respiro and Solace. SOS Hyperlite offers Hyperlite portable hyperbaric chambers.”
According to the report, most regulatory agencies worldwide follow the same set of guidelines issued by the US FDA to provide hyperbaric oxygen therapy to patients. Hospitals, hyperbaric oxygen therapy centers, and private clinics alike use the therapy to treat a broad range of diseases. The Committee of the Undersea and Hyperbaric Medical Society and the US FDA have approved the use of the therapy for treating 14 different indications.
Further, the report states that hyperbaric oxygen therapy and associated devices are expensive.
ETC BioMedical Systems, Fink Engineering, Gulf Coast Hyperbar, OxyHeal, Perry Baromedical, HAUX-LIFE-SUPPORT, HearMEC, Hyperbaric, Hyperbaric Clearinghouse, IHC Hytech, Medical Multiplex, Pan-America Hyperbarics, Reimers Systems, Sechrist Industries, SOS Medical Group
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