Hyperbaric oxygen therapy (HBOT) devices are used
to deliver 100% pure oxygen to tissues in the body under high
atmospheric pressure. During HBOT, the pressure is increased to three
times the normal atmospheric pressure, creating high amount of
partial pressure of oxygen. Under normal conditions, one atmosphere
absolute are subjected to be around 14.7 pounds per square inch of
pressure and the air we normally breathe is composed of 21% oxygen
and 79% nitrogen. Breathing in 100% oxygen, the body is exposed to
rise in atmospheric pressure, the oxygen molecules become condensed
and this allows to breathe a higher amount of partial pressure of
oxygen, where in turn oxygen dissolves in the plasma around 10 to 15
times greater than normal. This super-saturation of oxygen in the
body’s tissues promotes the increase in capillary growth, increase
in white blood cell (WBC) activity, new tissues development, increase
oxygen tension in hypoxic areas, reduction in the size of gas bubbles
and numerous other physiological effects.
HBOT devices play a vital role in the field of
medicine, these devices help in the treatment of many diseases such
as asthma, HIV/AIDS, bell’s palsy, Parkinson’s disease, spinal
cord injuries, hepatitis, migraines, multiple sclerosis, stroke and
sport injuries. Moreover, HBOT devices have Food and Drug
Administration (FDA) approval for treating decompression sickness,
thermal, necrotizing soft tissues infection and burn injury. HBOT
devices are 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 high preference
from the patients and physicians for HBOT in medical field has
powered growth in the HBOT devices market. The market is expected to
rise in the forecast period, especially across the North America,
Europe and Asia-Pacific region.
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Hyperbaric oxygen therapy (HBOT) devices market by
taxonomy
Hyperbaric Oxygen Therapy Devices Market,
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
Increase in number of wound healing
treatment and cosmetic procedures is expected to support the growth
of hyperbaric oxygen devices market
The growth in usage of hyperbaric oxygen therapy
in healing of wound and cosmetic procedure is one of the factor to
rise in demand in forecast period and also the rise in healthcare
costs, increase in prevalence of diseases such as asthma, diabetes,
and growth rate in aging population are some of the factors that can
be accounted for the largest market share. Asia Pacific market is
expected to grow in the forecast period due to the increase in
income, growth in medical tourism industry, and rise in public
awareness benefits HBOT devices.
People who are suffering from diabetes are at
increased risk for a wound development. According to the Center for
Disease Control and Prevention (CDC) in the U.S., it was diagnosed
that around 21.0 million people suffered from diabetes in 2014. The
U.S. is expected to be the growth engine of the global HBOT market
through the forecast period. This is mainly attributed to increase in
incidence rate of diabetes, and rising chronic disease and acute
wounds and simultaneously growth in treatment rate due to the
developed healthcare technology, healthcare expenditure by the
government and high disposable income are some of the factors that
are expected to support the market in future near.
As per The American Society of Plastic Surgeons
(ASPS) around 15.9 million minimally invasive cosmetic procedures
were performed in 2014-2015 in the U.S. Moreover, increasing number
of metrosexual men is in turn expected to create a highly conducive
environment for growth of the HBOT market.
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Key players in the market:
-
Fink Engineering
-
HAUX-LIFE-SUPPORT
-
Gulf Coast Hyperbarics, Inc.
-
IHC Hytech B.V. (Royal IHC)
-
HEARMEC; Hyperbaric
-
Sechrist Industries, Inc.
-
OxyHeal International
-
Haux-Life-Support GmbH
-
HYPERBARIC S.A.C.
-
Hyperbaric Technology (HyTech) B.V.
-
Sands Hyperbaric Corporation
-
SOS Medical Group Ltd.
-
Hearmec Co., Ltd. and Fink Engineering Pty. Ltd.
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