Voice Recognition Market Is Expected To Expand At A CAGR Of 11.0% Over The Forecast Period 2013-2024

Global Voice Recognition Market is expected to reach USD 127.58 billion by 2024, according to a new study conducted by Grand View Research, Inc. The increasing number of benefits offered by the voice recognition technology, including the easy accessibility, better productivity, and flexibility are anticipated to drive the demand for speech recognition solutions over the next eight years. The increased demand for high comfort and convenience is also expected to propel the demand. The voice recognition technology exhibits vast potential in various application areas, especially in the home automation system, due to advantages such as convenience and lower energy consumption.

Voice recognition is also a core technology leveraged in the semi-autonomous and autonomous vehicles. The autonomous car industry is expected to witness an explosive growth, which is anticipated to subsequently drive the market growth over the forecast period. However, the high price of AI-based voice control system is anticipated to pose a challenge to market expansion. Additionally, the inability to accurately recognize speech in the regional accent is a key challenge to the market.

Full Research Report on Global Voice Recognition Market Analysis:
http://www.grandviewresearch.com/industry-analysis/voice-recognition-industry

Further key findings from the study suggest:

• Enhanced device dominated the market in 2015with over 50% of the total market share. This is attributed to the increasing usage of voice recognition solutions in home automation and consumer electronics application areas. The software segment is anticipated to grow significantly over the forecast period as several prominent players have open sourced their software development kit code.
• The growing trend toward the development of the artificial intelligence-based system is expected to be the key factor driving industry growth over the foreseeable future. Leveraging deep learning algorithm in voice and speech solutions for better search results is expected to be the key factor for the growth of AI-based application segment.
• The deployment of speech recognition solutions in consumer and home security & automation verticals is anticipated to take the industry ahead at a substantial pace. This can be attributed to the changing lifestyle in several countries including the U.S., Germany, and the UK. The growing adoption of smart electronics in India, China, Japan, and Brazil may also catalyze industry growth in the consumer vertical.
• North America dominated the market (in terms of revenue) representing more than 30% of the total share in 2014. Additionally, North America and Asia Pacific are anticipated to witness a considerable growth due to the presence of several U.S. and China-based players, including Apple, Inc., Facebook, Inc., Baidu, Inc., Amazon.com, Inc., and Alphabet, Inc., working toward the development of this technology. Furthermore, the presence of several notable consumer electronics manufacturers, such as Samsung Electronics, Co., Ltd., with a strong distribution channel in the North American and Asia Pacific regions are expected to be the key factors for industry growth in this region over the forecast period.
• The prominent industry participants include Nuance Communications, Apple, Inc., Baidu, Inc., Alphabet, Inc., and Amazon.com, Inc. These players are focusing on integrating the artificial intelligence technology in order to build superior products to increase their customer base.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Voice Recognition Market on the basis of components, application, vertical and region:

Voice Recognition Component Outlook (USD Billion; 2013 - 2024)

• Hardware
• Software
• Automatic Speech Recognition
• Speaker Verification
• Audio Mining
• Enhanced Devices

Voice Recognition Application Outlook (USD Billion; 2013 - 2024)

• Artificial Intelligence
• Non-artificial Intelligence

Voice Recognition Vertical Outlook (USD Billion; 2013 - 2024)

• Automotive
• BFSI
• Consumer
• Government
• Retail
• Healthcare
• Home Security & Automation
• Others

Voice Recognition Regional Outlook (USD Billion; 2013 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South Korea
• Latin America
• Brazil
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-voice-recognition-industry                      

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Lawn Mowers Market Is Expected To Witness A CAGR Exceeding 4% Over The Forecast Period Owing To The Rising Demand For Landscaping Services 2014-2025

Global Lawn Mowers Market is expected to reach USD 38.2 billion by 2025, according to a new report by Grand View Research, Inc. The growing residential development is spurring the demand for landscaping services, which, in turn, is expected to propel the demand for lawn care tools over the forecast period. 

The rise in single homes, owing to the growing nuclear family culture in the U.S., has led to the construction of houses. The growing trend toward investing more time in one's home leads to a higher interest in outdoor & gardening-related activities. A well-kept yard forms an integral part of an attractive house. Lawn maintenance tools are essential for the basic yard maintenance and offer a great aid & convenience in garden maintenance

The surging need for landscaping services in order to extend the aesthetic appeal to residential and commercial properties is anticipated to elevate the product demand. The developing trend of backyard beautification in North America and Europe is further expected to fuel product demand in these regions.

Increasing technological advancements are another major factor driving market growth. The replacement of conventionally used hand-guided mowers with robotic & electric ones is a key trend witnessed in the market. Moreover, the increasing availability of such technologically advanced products with enhanced features is triggering more interest in gardening.

Moreover, the key market players are enhancing the capabilities of their mowers so as to widen their product offerings in order to gain a competitive edge in the industry. In addition to this, manufacturers are increasingly promoting robotic equipment for gardening, thus augmenting consumer awareness, which is expected to drive the adoption of the product.

However, the increasing popularity of artificial grass is expected to serve as a major threat for the demand for lawn mowers. This type of grass does not require mowing, watering and fertilizing like the natural grass. Thus, artificial grass is increasingly becoming a great money saver for the customers possessing gardens and thereby creating threat for the lawn mowers adoption. Additionally, the high cost of robotic gardening equipment is one of the major challenges confronted by the consumers. All these factors are projected to hamper market growth in the near future.

Full Research Report on Global Lawn Mowers Market Analysis:
http://www.grandviewresearch.com/industry-analysis/lawn-mowers-market

Further key findings from the report suggest:

• The global lawn mowers market is expected to witness a CAGR exceeding 4% over the forecast period owing to the rising demand for landscaping services.
• Electric mowers accounted for the largest market share in 2016; however, robotic products are projected to witness a high growth over the forecast period.
• Residential end-use segment held the highest revenue in 2016 and the trend is expected to continue over the forecast period.
• The North American region accounted for over 30% of the overall revenue share in 2016; however, Asia Pacific is expected to witness a high growth over the next eight years.
• Deere & Company, MTD Products Inc., American Honda Motor Co., Inc. (Honda Power Equipment), Husqvarna Group, and Ariens Company, among others, were a few key players that captured a significant market share in 2016.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the Global Lawn Mowers Market based on product, end use, and region:

Lawn Mowers Product Outlook (Revenue, USD Billion; 2014 - 2025)

• Manual
• Electric
• Petrol
• Robotic
• Others

Lawn Mowers End-use Outlook (Revenue, USD Billion; 2014 - 2025)

• Residential
• Commercial & Government

Lawn Mowers Regional Outlook (Revenue, USD Billion; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Netherlands
• Denmark
• Finland
• Spain
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-lawn-mowers-market                     

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Active Calcium Silicate Market Is Segmented On The Basis Of Application And Region 2014-2025

Global Active Calcium Silicate Market is expected to reach USD 203.0 million by 2025, according to a new report by Grand View Research, Inc. Increasing demand from ceramic industry is key growth factor driving active calcium silicate market. In addition, presence of fire safety standards in major economies such as U.S., Germany, China, India, and Brazil are further fueling the demand over the forecast period.

Active calcium silicate is used as a safer alternative to asbestos in high temperature insulation applications. Industrial equipment insulation and grade piping is fabricated from active calcium silicate. Moreover, major application segments include cement, ceramics, paints & coatings, fire protection, and insulation. Due to its superior technical properties such as low thermal conductivity and excellent thermal shock resistance; it is widely used for industrial high temperature insulation.

In terms of volume, insulation was estimated as the largest application segment in 2016 and is anticipated to continue the trend by 2025 with a CAGR of 5.9% from 2017 to 2025. It is widely used owing to its advantageous characteristics such as high strength, efficient water repellence, microstructure, better water absorption and thermal stability.

The demand for active calcium is expected to boost owing to a positive outlook for construction industry over the forecast period. In addition, the presence of regulations and guidelines pertaining to fire safety standards in a commercial and residential building in the European region is further fueling the market growth.

Full Research Report on Global Active Calcium Silicate Market Analysis:
http://www.grandviewresearch.com/industry-analysis/active-calcium-silicate-market

Further key findings from the report suggest:

• Fire protection segment is projected to experience the fastest growth in terms of revenue at a CAGR of 8.0% from 2017 to 2025 on account of stringent regulations imposed by various regulatory bodies across the region
• Insulation emerged as the largest application segment in terms of volume in 2016 and is estimated to reach 35.5 kilo tons by 2025. Global revenue in paints & coatings segment was estimated to be USD 12.3 million in 2016 and is anticipated to experience steady growth over the forecast period. The U.S. active calcium silicate market in terms of volume was 5.8 kilo tons in 2016 and is estimated to grow at a CAGR of 5.3% from 2017 to 2025
• Ceramic application segment in terms of volume was estimated at 8.3 kilo tons in 2016 owing to growing applications of false ceilings in residential construction sector
• Promat International NV, Skamol A/S, American Elements Corporation, HIL Limited, Weifang Hong Yuan Chemical Co., Ltd., Johns Manville Corporation are some of the key market players dominated the global active calcium silicate market

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the Global Active Calcium Silicate Market on the basis of application, and region:

Active Calcium Silicate Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)

• Insulation
• Paints & Coatings
• Fire Protection
• Cement
• Ceramics
• Others

Active Calcium Silicate Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa 

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-active-calcium-silicate-market                    

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Immersive Virtual Reality (IVR) Market Analysis 2013 by Technology, Device, Application, and Segment Forecasts to 2020

Global Immersive Virtual Reality Market is expected to reach USD 1.88 billion by 2020, according to a new study by Grand View Research, Inc. The industry is expected to witness profound growth over the next five years, as more consumer devices hit the market. Immersive VR headsets came into prominence during 2013 with the arrival of the Oculus Rift Developer Kit. The device is widely credited with giving the consumer VR space a kick start and creating anticipation & hype among consumers. Over the past two years, the industry has witnessed arrival of several consumer version VR headsets such as the VRTX One, Durovis Dive, Homido, and the low-cost Google Cardboard, thereby popularizing the technology.

Presently, immersive VR headsets are only partly commercialized and several consumer versions are anticipated to be launched in 2015–2016, including the Oculus Rift, HTC Vive, Sony PlayStation VR, and FOVE. GTDs and other motion tracking peripherals have also gained significant acceptance as an accessory to the HMD. Virtual reality PDWs have evolved in technology and resolution. Development and provision of CAVE systems and VR rooms for consumers are expected to boost demand for PDWs.

Technological development triggers a plethora of VR solutions with varied capabilities that allow users to experience utmost immersion. Making the VR experience more real serves as a key driver towards market penetration and adoption. Most of the available solutions are limited to head tracking leaving tremendous opportunities for the development of new technologies that increase the user’s sense of immersion and presence.

VR devices may pose inconvenience to certain users owing to their ergonomics and weight. Bulky devices offer render users with a sense of fatigue and discomfort after prolonged use. Simulation sickness is one of the greatest hurdles to be overcome, while designing VR experiences. Key stakeholders have been focusing on the issue aggressively and tackling it with extreme precision, keeping sensitivity and user comfort at priority.

Full Research Report on Global Immersive Virtual Reality Market Analysis:
http://www.grandviewresearch.com/industry-analysis/immersive-virtual-reality-market

Further key findings from the study suggest:

• Fully immersive technologies are expected to be the largest and fastest growing technology segment over the forecast period owing to growing popularity of wearable devices among consumers. The segment accounted for over 75% of the revenue in 2014.
• HMDs dominate the global immersive VR market share. Mobile VR headsets make use of smartphones for the screen, for example, Google Cardboard, whereas integrated HMDs have inbuilt screens, for example, Oculus Rift. The segment accounted for over 60% of the revenue in 2014.
• Demand in retail and medical sectors is expected to witness exponential growth over the next five years. Consumer electronics application accounted for the largest share of 45% in 2014, and this trend is expected to continue over the forecast period.s
• North America immersive virtual reality market accounted for about 50% of the overall share in 2014 owing to the presence of key vendors in the region coupled with a myriad of technology giants. Affordability and availability of consumer VR continue to drive growth across regions.
• Several start-ups and individuals with technological expertise have raised funds through Kickstarter and promoted their solutions through online campaigns. Consumer electronics manufacturers such as Sony, HTC, and Samsung, and technology giants such as Google, Facebook, and Microsoft have also ushered into the market with VR solutions.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Immersive Virtual Reality (IVR) Market on the basis of technology, device, application, and region:

Immersive Virtual Reality Technology Outlook (Revenue, USD Million, 2013 – 2020)

• Semi-immersive
• Fully immersive

Immersive Virtual Reality Device Outlook (Revenue, USD Million, 2013 – 2020)

• HMD
• GTD
• PDW

Immersive Virtual Reality Application Outlook (Revenue, USD Million, 2013 – 2020)

• Aerospace & defense
• Consumer electronics
• Medical
• Retail
• Others

Immersive Virtual Reality Regional Outlook (Revenue, USD Million, 2013 – 2020)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• MEA

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-immersive-virtual-reality-market                      

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Healthcare Satellite Connectivity Market Segmentation Is Based On Component, Application, End-Use, Connectivity, And Region 2014-2025

Global Healthcare Satellite Connectivity Market is expected to reach USD 10.1 billion by 2025 according to a new report by Grand View Research, Inc. Globally, rising adoption of eHealth & other services and growing usage of technology platforms by hospitals & medical providers are crucial factors that boost the market growth.

Several governments are working toward providing improved basic medical facilities in rural areas with a key focus on improving connectivity infrastructure in healthcare and provision of enhanced care services. Some of the players in satellite connectivity are also undertaking projects in order to enhance healthcare provisions in underserved regions. For instance, Satellite Applications Catapult, a satellite technology company has collaborated with the Cayetano Heredia University in Northern Peru to improve medical services in the remote areas of Amazonia by providing enhanced connectivity solutions for mobile healthcare facilities along with the usage of eHealth and mHealth solutions.

Furthermore, the increasing pressure on medical facilities due to reduced budgets, ageing population, increasing number of patients with chronic conditions, shortage of adequately trained medical staff & doctors, lack of proper infrastructure in rural areas, and growing demand for real-time distance learning, telemedicine, and video services of higher quality are some of the other factors contributing to the growing adoption of satellite technology in healthcare. According to the Federal 

Communications Commission, rural areas are underserved by terrestrial broadband services as compared to urban areas. In 2016, 20 % did not have access to services at even 4 Mbps/1 Mbps and 31 % lacked access to 10 Mbps/1 Mbps broadband services. Provision of high-speed satellite technology would be a key solution to eliminate this geographic barrier and offer superior medical facilities.

Full Research Report on Global Healthcare Satellite Connectivity Market
http://www.grandviewresearch.com/industry-analysis/healthcare-satellite-connectivity-market

Further key findings from the report suggest:

• The system & software segment held majority of market share amongst the component segment in 2016 due to growing demand for data analytics in the healthcare sector
• eHealth was the dominating application segment in 2016 due to growing government initiatives promoting integration of technology in healthcare
• Hospitals & Clinics were the dominating end-use segment in 2016 with a share of 65.3% owing to the rising adoption of technology platforms for delivering medical care
• Fixed mobile services held majority of the market share in 2016 in the connectivity segment with a share of 83%
• The Asia Pacific market is expected to witness lucrative growth over the forecast period owing to the improving infrastructure and increasing patient pool

• Key players include Inmarsat plc; Hughes Network Systems LLC, SES S.A., X2nSat, Expedition Communications, Globalstar, Eutelsat

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the Satellite Connectivity In Healthcare Market on the basis of component, application, end-use, connectivity, and region:

Component Outlook (Revenue, USD Million, 2014 - 2025)

• Medical Device
• Wearable External Devices
• Implanted Medical Devices
• Stationary Medical Devices
• System & Software
• Remote Device Management
• Network Bandwidth Management
• Data Analytics
• Application Security
• Network Security
• Services
• System Integration Services
• Consulting, Training & Education
• Support & Maintenance Services

Application Outlook (Revenue, USD Million, 2014 - 2025)

• eHealth
• Telemedicine
• Clinical Operations
• Others
• Connected Imaging

End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Clinical Research Organization
• Hospitals & Clinics
• Research & Diagnostic Laboratories
• Others

Connectivity Outlook (Revenue, USD Million, 2014 - 2025)

• Mobile Satellite Services (MSS)
• Fixed Satellite Services (FSS)

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
• Nigeria

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-healthcare-satellite-connectivity-market                     

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Orthopedic Bone Cement Market Is Expected To Grow At A CAGR Of 5.9% From 2017 To 2025

Global Orthopedic Bone Cement Market is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc. Growing number of orthopedic surgeries is one of the key factors expected to drive revenue growth in coming few years.

Orthopedic bone cement helps support and anchor artificial joints and fractured bones. It works by filling the empty space between the bone and an implant, which anchors the joint. This in turn provides stability and elasticity to the joints. Bone cement was introduced in 1940s and has been widely used by physicians since then. The increasing number of orthopedic surgeries globally is expected to boost demand for the cement in near future. As per Australian Society of Orthopedic Surgeons, the number of musculoskeletal surgeries had increased by 18% between 2007 and 2011 and is expected to witness continuous growth, which in turn is expected to create growth opportunity for the manufacturers. 

Ageing population is another important factor responsible for increasing demand for bone cement. Old people are more susceptible to fractures and associated injury and often require joint replacement surgery. This cement provides a better alternative to screws and wires, which can create discomfort to the patients. According to a United Nations report in 2015, the population of people aged 60 years and above is projected to grow by 56% and is expected to reach 1.4 billion by 2030. This in turn is expected to bolster the patient pool for joint replacement surgeries and in turn propel revenue growth for bone cement market over the forecast period.

Full Research Report on Global Orthopedic Bone Cement Market Analysis:
http://www.grandviewresearch.com/industry-analysis/orthopedic-bone-cement-market

Further Key Findings From the Report Suggest:

• The global orthopedic bone cement market size was estimated at USD 692.8 million in 2016 and is expected to grow at a CAGR of 5.9% from 2017 to 2025
• Hospital emerged as the largest end-use segment in 2015 and is estimated to generate revenue over USD 501.2 million by 2025
• Ambulatory surgical centers segment was USD 150.2 million in 2016 and is anticipated to witness fastest growth over the next 9 years
• The Asia Pacific region is projected to witness substantial growth over the next decade owing to various developments across major economies in the region. This regional market is expected to grow at a CAGR of 6.7% from 2017 to 2025
• Some of the key players including Stryker Corporation; Zimmer Biomet; DePuy Synthes; and Smith & Nephew, Inc. dominated the global market. 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Orthopedic Bone Cement Market on the basis of end use and region:

Orthopedic Bone Cement End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Specialty Clinics

Orthopedic Bone Cement Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-orthopedic-bone-cement-market                    

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Hyperbaric Oxygen Therapy (HBOT) Devices Market Is Expected To Grow At A CAGR Of 6.5% From 2017 To 2025

Global Hyperbaric Oxygen Therapy Devices Market is expected to reach USD 3.91 billion by 2025, according to a new report by Grand View Research, Inc. Growing inclination of healthcare professionals toward oxygen therapy, despite a lack of conclusive evidence is one of the key factors expected to drive the market over the coming few years.

Although the off-label usage of HBOT devices in various applications such as cancer and brain injury is controversial, the adoption rate of this technology is surging at a rapid pace. The high commercial availability of HBOT systems is one of the crucial factors that is anticipated to drive the market over the forecast period. However, few medical professionals are still skeptical about the usage of HBOT devices in unapproved applications, which is expected to impede growth. The technological advancements in this field such as portable HBOT system and growing awareness among healthcare professionals regarding the benefits of integrating ICU systems in multiplace HBOT equipment are some of the key contributors that are accountable for robust growth rate.

According to few publications, nearly 30,000 HBOT treatments are done on a daily basis globally. Other than the surging clinical prevalence and rising adoption of hospital setting HBOT systems, there is a considerable growth in popularity and demand for HBOT systems in home settings owing to its easy usage. Increasing private & public investment to expand geographical presence and surging R&D activities are also some of the factors that are anticipated to boost the demand.

Full Research Report on Global Hyperbaric Oxygen Therapy (HBOT) Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/hyperbaric-oxygen-therapy-market

Further Key Findings From the Report Suggest:

• The global hyperbaric oxygen therapy (HBOT) market size was estimated at USD 2,210.5 million in 2016 and is expected to grow at a CAGR of 6.5% from 2017 to 2025
• Monoplace HBOT Devices segment emerged as the largest product segment in 2016 and is estimated to generate revenue over USD 3,008.8 million by 2025
• Other applications such as acute carbon monoxide poisoning, chemotherapy-induced hemorrhagic cystitis, and cyanide poisoning generated revenue of USD 229.1 million in 2016 and is anticipated to witness fastest growth over the next 8 years
• The Asia Pacific region is anticipated to witness lucrative growth over the next decade owing to various developments in healthcare infrastructure and technological advancements in the medical device industry across major emerging economies. It is expected to grow at a CAGR of 7.1% over the forecast period.
• Some of the key players including Fink Engineering; HAUX-LIFE-SUPPORT; ETC Hyperbaric Chambers (Environmental Tectonics Corporation); Gulf Coast Hyperbarics, Inc.; IHC Hytech B.V. (Royal IHC); HEARMEC; Hyperbaric; Sechrist Industries, Inc.; OxyHeal International; and SOS Group Global Ltd. dominated the global hyperbaric oxygen therapy devices market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Hyperbaric Oxygen Therapy (HBOT) Devices Market on the basis of product, application, and region:

HBOT Devices Product Outlook (Revenue, USD Million, 2014 - 2025)

• Monoplace HBOT Devices
• Multiplace HBOT Devices
• Topical HBOT Devices

HBOT Devices Application Outlook (Revenue, USD Million, 2014 - 2025)

• Wound Healing
• Decompression Sickness
• Infection Treatment
• Gas Embolism
• Others

HBOT Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-hyperbaric-oxygen-therapy-hbot-devices-market                   

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com