November 07, 2022 07:29 ET | Source: Allied Market Research Allied Market Research
Pune, INDIA
Portland, OR, Nov. 07, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global hyperbaric oxygen therapy market generated $275.1 million in 2021, and is projected to reach $457.6 million by 2031, growing at a CAGR of 5.2% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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The report offers detailed segmentation of the global hyperbaric oxygen therapy market based on type, application, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
Based on type, monoplace chambers segment held the dominating market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 5.5% during the forecast period. The market also analyses others segments such as multiplace chamber and others.
Based on application, the wound healing segment held the dominating market share in 2021, holding nearly two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 5.4% during the forecast period. The report also analyses other segments such as decompression sickness and others.
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Based on end-user, the home care segment is expected to cite the fastest CAGR of 5.7% during the forecast period. The report also analyses other segments of the market such as hospitals and others.
Based on region, the market across North America held the dominating market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 5.9% during the forecast period.
The key players analyzed in the global hyperbaric oxygen therapy market report include Airox Technologies Limited, Environmental Tectonics Corporation (ETC), Fink Engineering Pty Ltd, Gulf Coast Hyperbarics Inc, Haux-Life-Support GmbH, HearMec Co, Hipertech Electronics Inc., Hyperbaric Modular Systems, Inc., Hyperbaric SAC, Pan-America Hyperbarics Inc, Perry Baromedical Corporation, Richmond Hyperbaric Health Centre Inc, Royal IHC, Sechrist Industries, Inc, SOS Group, Tekna Hyperbaric Chambers, Unique Group FZC.
The report analyzes these key players in the global hyperbaric oxygen therapy market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
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08/11/2022