The global hyperoxemia treatment industry is anticipated to witness a significant growth in the forecast period owing to factors like rising investments in research and development activities. The increasing awareness among consumers and the rising demand for new treatment methods are the key contributors to this increased market growth. The rising prevalence of hyperoxemia in Europe is expected to contribute to the growth of the global hyperoxemia treatment industry. In addition to this, hyperoxemia treatment also helps in detecting cardiac arrest, which, as a result, is promoting the growth of the hyperoxemia treatment industry.
Vapotherm, Inc (NYSE: VAPO) and Hamilton Medical AG are some of the leading players in the hyperoxemia treatment industry. In May 2021, Hamilton Medical AG announced the arrival of its new product INTELLiVENT-ASV. INTELLiVENT-ASV acts as a personal assistant at the bedside, using physiological data from the patient and clinician to set targets and limits to automatically and continuously regulate CO2 elimination and oxygenation for both passive and active patients. It keeps an eye on hyperoxemia and adjusts settings to avoid risks. More and more technological advancements are aiding the global hyperoxemia industry growth, especially during the COVID-19 pandemic.
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Market Analysis by Indication, End Use, and Region:
- The market, based on indication, can be segmented into vertigo, seizures, pneumonia, cataract, vasodilation, tissue necrosis, and metabolic acidosis.
- The major end use sectors of the industry are hospitals, ambulatory surgical centres, and specialty clinics.
- The regional markets for hyperoxemia treatment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key Findings of the Report:
- The hyperoxemia treatment industry is being driven by the advancements in research and development activities.
- The rising customer awareness and demand for new and better treatment methods are aiding the market growth.
- The varied applications of hyperoxemia treatment like detecting cardiac arrests have also contributed to the market demand, taking the market forward.
- The market is expected to witness further expansion in the coming years due to an increased prevalence of hyperoxemia, especially in the European regions.
Key Offerings of the Report:
- The EMR report gives an overview of the global market for hyperoxemia treatment for the periods (2018-2023) and (2024-2032).
- The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the indications, end-uses, and major regions of hyperoxemia treatment.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.
The major players in the global hyperoxemia treatment market are Hamilton Medical AG, GaleMed Corporation, and Vapotherm, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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