Hyperbaric Oxygen Therapy Devices Market 2021- Business Growth, Top Companies
Posted by ankush Nikam on February 3rd, 2021
Hyperbaric Oxygen Therapy Devices Market: Global Industry Analysis and Opportunity Assessment, In terms of value, the global hyperbaric oxygen therapy devices market is projected to register a healthy CAGR of 7.2% during the forecast period due to various factors. This FMI report offers vital and detailed insights regarding these factors.
Some key companies covered in this Hyperbaric Oxygen Therapy Devices Market report include ETC BioMedical Systems, Fink Engineering Pty, Ltd., Gulf Coast Hyperbarics, Inc., HAUX-LIFE-SUPPORT GmbH, Hearmec Co., Ltd., Hyperbaric SAC, IHC Hytech B.V., OxyHeal Health Group, Sechrist Industries, Inc., and SOS Medical Group, Ltd. These companies are primarily focused on enhancing their product portfolio through research and development, introduction of innovative and cost-effective medical devices in order to gain market share and strengthen their respective position in the global market.
Impact of Covid-19 pandemic on market
Due to the outbreak of Covid-19 pandemic globally, imaging modalities is widely preferred by most healthcare professionals as it provides a primary diagnosis in a short time. All the imaging technologies involving nuclear imaging have been used exhaustively to study Covid-19 and its effect on different patients in each demography. The increasing requirement for advanced imaging solutions is projected to drive the development studies globally. The report will account for Covid19 as a key market contributor.
The Hyperbaric Oxygen Treatment (HBOT) Devices Market is analysed based on product types, major applications and key players
Key product type:
The report provides analysis & data at a regional level (North America, Europe, Asia Pacific, Middle East & Africa , Rest of the world) & Country level (13 key countries – The U.S, Canada, Germany, France, UK, Italy, China, Japan, India, Middle East, Africa, South America)
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This report assesses trends driving each segment and offers analysis and insights about the potential of hyperbaric oxygen therapy devices market in specific regions. North America is estimated to dominate the hyperbaric oxygen therapy devices market with maximum market share by end of 2015. By 2020, Europe and Asia Pacific is expected to collectively contribute over 71.1% in terms of market share to the total global hyperbaric oxygen therapy devices market revenue. Asia Pacific is estimated to be the fastest growing market, registering a CAGR of 9.2% in terms of value over the forecast period. The monoplace HBOT devices segment was valued at US$ 1,503.3 million and is expected to exhibit a CAGR of 7.6% in terms of value during the forecast period.
The report also analysis the impact of COVID – 19 based on a scenario-based modelling. This provides a clear view of how has COVID impacted the growth cycle & when is the likely recovery of the industry is expected to pre-covid levels.
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About the Authorankush Nikam
Joined: December 21st, 2016
Articles Posted: 4,518
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