Global Hyperbaric Oxygen Therapy Market 2024-2028

The hyperbaric oxygen therapy market is forecasted to grow by USD 145.05 mn during 2023-2028, accelerating at a CAGR of 5.49% during the forecast period. The report on the hyperbaric oxygen therapy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence and prevalence of acute and chronic wounds, the growing popularity of adventure activities and leisure, and a growing number of clinical trials sponsored by various universities and players.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.21%
CAGR	5.49%
Incremental Value	$145.05mn

Technavio's hyperbaric oxygen therapy market is segmented as below:

By Type

Monoplace hyperbaric chamber
Multiplace hyperbaric chamber
Topical HBOT devices

By Application

Wound healing
Decompression sickness
Infection treatment
Gas embolism
Others

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the expansion of indications for HBOT as one of the prime reasons driving the hyperbaric oxygen therapy market growth during the next few years. Also, technological advancements in HBOT devices and growth in medical tourism will lead to sizable demand in the market.

The report on the hyperbaric oxygen therapy market covers the following areas:

Hyperbaric oxygen therapy market sizing
Hyperbaric oxygen therapy market forecast
Hyperbaric oxygen therapy market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hyperbaric oxygen therapy market vendors that include Airox Technologies Ltd., Baroks AS, Biobarica, Environmental Tectonics Corp., Fink Engineering, Gulf Coast Hyperbarics Inc., Haux Life Support GmbH, Hipertech Inc., Hyperbaric Modular Systems Inc., Hyperbaric SAC, OxyHealth, Pan America Hyperbarics Inc., Perry Baromedical Corp., Richmond Hyperbaric Health Center, Royal IHC, Sechrist Industries Inc., Sosgroup, Tekna Hyperbaric, Unique Group, and HEARMEC. Also, the hyperbaric oxygen therapy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77155

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global hyperbaric oxygen therapy market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global hyperbaric oxygen therapy market 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Monoplace hyperbaric chamber - Market size and forecast 2023-2028
Exhibit 34: Chart on Monoplace hyperbaric chamber - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Monoplace hyperbaric chamber - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Monoplace hyperbaric chamber - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Monoplace hyperbaric chamber - Year-over-year growth 2023-2028 (%)
6.4 Multiplace hyperbaric chamber - Market size and forecast 2023-2028
Exhibit 38: Chart on Multiplace hyperbaric chamber - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Multiplace hyperbaric chamber - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Multiplace hyperbaric chamber - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Multiplace hyperbaric chamber - Year-over-year growth 2023-2028 (%)
6.5 Topical HBOT devices - Market size and forecast 2023-2028
Exhibit 42: Chart on Topical HBOT devices - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Topical HBOT devices - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Topical HBOT devices - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Topical HBOT devices - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Exhibit 46: Market opportunity by Type ($ million)
Exhibit 47: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 48: Chart on Application - Market share 2023-2028 (%)
Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Wound healing - Market size and forecast 2023-2028
Exhibit 52: Chart on Wound healing - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Wound healing - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Wound healing - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Wound healing - Year-over-year growth 2023-2028 (%)
7.4 Decompression sickness - Market size and forecast 2023-2028
Exhibit 56: Chart on Decompression sickness - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Decompression sickness - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Decompression sickness - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Decompression sickness - Year-over-year growth 2023-2028 (%)
7.5 Infection treatment - Market size and forecast 2023-2028
Exhibit 60: Chart on Infection treatment - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Infection treatment - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Infection treatment - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Infection treatment - Year-over-year growth 2023-2028 (%)
7.6 Gas embolism - Market size and forecast 2023-2028
Exhibit 64: Chart on Gas embolism - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Gas embolism - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Gas embolism - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Gas embolism - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
Exhibit 72: Market opportunity by Application ($ million)
Exhibit 73: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
Exhibit 87: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Airox Technologies Ltd.
Exhibit 123: Airox Technologies Ltd. - Overview
Exhibit 124: Airox Technologies Ltd. - Product / Service
Exhibit 125: Airox Technologies Ltd. - Key offerings
12.4 Environmental Tectonics Corp.
Exhibit 126: Environmental Tectonics Corp. - Overview
Exhibit 127: Environmental Tectonics Corp. - Product / Service
Exhibit 128: Environmental Tectonics Corp. - Key offerings
12.5 Gulf Coast Hyperbarics Inc.
Exhibit 129: Gulf Coast Hyperbarics Inc. - Overview
Exhibit 130: Gulf Coast Hyperbarics Inc. - Product / Service
Exhibit 131: Gulf Coast Hyperbarics Inc. - Key offerings
12.6 Haux Life Support GmbH
Exhibit 132: Haux Life Support GmbH - Overview
Exhibit 133: Haux Life Support GmbH - Product / Service
Exhibit 134: Haux Life Support GmbH - Key offerings
12.7 HEARMEC
Exhibit 135: HEARMEC - Overview
Exhibit 136: HEARMEC - Product / Service
Exhibit 137: HEARMEC - Key offerings
12.8 Hipertech Inc.
Exhibit 138: Hipertech Inc. - Overview
Exhibit 139: Hipertech Inc. - Product / Service
Exhibit 140: Hipertech Inc. - Key offerings
12.9 Hyperbaric Modular Systems Inc.
Exhibit 141: Hyperbaric Modular Systems Inc. - Overview
Exhibit 142: Hyperbaric Modular Systems Inc. - Product / Service
Exhibit 143: Hyperbaric Modular Systems Inc. - Key offerings
12.10 Hyperbaric SAC
Exhibit 144: Hyperbaric SAC - Overview
Exhibit 145: Hyperbaric SAC - Product / Service
Exhibit 146: Hyperbaric SAC - Key offerings
12.11 Pan America Hyperbarics Inc.
Exhibit 147: Pan America Hyperbarics Inc. - Overview
Exhibit 148: Pan America Hyperbarics Inc. - Product / Service
Exhibit 149: Pan America Hyperbarics Inc. - Key offerings
12.12 Perry Baromedical Corp.
Exhibit 150: Perry Baromedical Corp. - Overview
Exhibit 151: Perry Baromedical Corp. - Product / Service
Exhibit 152: Perry Baromedical Corp. - Key offerings
12.13 Richmond Hyperbaric Health Center
Exhibit 153: Richmond Hyperbaric Health Center - Overview
Exhibit 154: Richmond Hyperbaric Health Center - Product / Service
Exhibit 155: Richmond Hyperbaric Health Center - Key offerings
12.14 Royal IHC
Exhibit 156: Royal IHC - Overview
Exhibit 157: Royal IHC - Product / Service
Exhibit 158: Royal IHC - Key offerings
12.15 Sechrist Industries Inc.
Exhibit 159: Sechrist Industries Inc. - Overview
Exhibit 160: Sechrist Industries Inc. - Product / Service
Exhibit 161: Sechrist Industries Inc. - Key offerings
12.16 Tekna Hyperbaric
Exhibit 162: Tekna Hyperbaric - Overview
Exhibit 163: Tekna Hyperbaric - Product / Service
Exhibit 164: Tekna Hyperbaric - Key offerings
12.17 Unique Group
Exhibit 165: Unique Group - Overview
Exhibit 166: Unique Group - Product / Service
Exhibit 167: Unique Group - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations