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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 2020, 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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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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