Seattle, WA -- (SBWIRE) -- 11/14/2019 -- Hyperbaric Oxygen Therapy (HBOT) Devices Market – Insights

Hyperbaric oxygen therapy (HBOT) devices deliver 100% pure oxygen to tissues in the body under high atmospheric pressure. The pressure is increased to three times the normal atmospheric pressure during HBOT. This in turn leads to high amount of partial pressure of oxygen. One atmosphere absolute are subjected to be around 14.7 pounds per square inch of pressure under normal conditions. Breathable air contains 21% oxygen and 79% nitrogen. Inhaling 100% oxygen may lead to increase in atmospheric pressure of the body. The oxygen molecules become condensed. This enables to breathe a higher amount of partial pressure oxygen, which dissolves in the plasma around 10 to 15 times greater than normal. This can be termed as super-saturation of oxygen in the tissues, which leads to increasing capillary growth, increase in white blood cell (WBC) activity, new tissues development, increase in oxygen tension in hypoxic areas, reduction in the size of gas bubbles, and various other physiological effects.

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HBOT devices aid in the treatment of several diseases such as asthma, HIV/AIDS, Bell's palsy, Parkinson's disease, spinal cord injuries, hepatitis, migraines, multiple sclerosis, stroke, and sport injuries. HBOT devices are Food and Drug Administration (FDA) approved for the treatment of decompression sickness, thermal, necrotizing soft tissues infection, and burn injury. These devices can also used in the off-label (means the medication is not specified in the FDA's approved packaging label) medical induction treatment such as brain injuries and cancer. Such wide range of applications of HBOT devices is expected to boost growth of the HBOT devices market.

Hyperbaric Oxygen Therapy (HBOT) Devices Market – Taxonomy

By Product Type:
- Monoplace HBOT Devices
- Topical HBOT Devices
- Multiplace HBOT Devices
By Application:
- Wound Healing
- Decompression Sickness
- Infection Treatment
- Gas Embolism
- Others
By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa

Hyperbaric Oxygen Therapy (HBOT) Devices Market: Drivers

Increasing number of wound healing and cosmetic procedures is expected to boost growth of the HBOT devices market. Moreover, increasing prevalence of diseases such as asthma, and diabetes and growing geriatric population is also expected to contribute to growth of the market. People suffering from diabetes are at high risk of developing wounds. According to the Centers for Disease Control and Prevention (CDC), in the U.S., around 21.0 million people suffered from diabetes in 2014. Moreover, increasing number of metrosexual men is also expected to boost growth of the HBOT market.

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Hyperbaric Oxygen Therapy (HBOT) Devices Market: Regional Analysis

On the basis of region, the global hyperbaric oxygen therapy devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected to witness significant growth over the forecast period. This is attributed to increasing disposable income, growing medical tourism industry, and increasing awareness regarding the advantages of HBOT devices. The market in North America is expected to be driven by increasing prevalence of diabetes, chronic diseases, and acute wounds along with factors such as developed healthcare sector, high healthcare expenditure, increasing minimally invasive surgeries, and increasing disposable income. For instance, according to The American Society of Plastic Surgeons (ASPS), around 15.9 million minimally invasive cosmetic procedures were performed in 2014-2015 in the U.S.

Hyperbaric Oxygen Therapy (HBOT) Devices Market: Competitive Landscape

Major players operating in the global HBOT devices market include, Fink Engineering, HAUX-LIFE-SUPPORT, Gulf Coast Hyperbarics, Inc., Haux-Life-Support GmbH, HYPERBARIC S.A.C., Hyperbaric Technology (HyTech) B.V., Sands Hyperbaric Corporation, SOS Medical Group Ltd., Hearmec Co., Ltd., IHC Hytech B.V. (Royal IHC), HEARMEC; Hyperbaric, Sechrist Industries, Inc., and OxyHeal International.

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