Industry News

Market Size and Potential of the Hyperbaric Oxygen Chamber Industry: How to View Future Development?

I. Classification of Hyperbaric Oxygen Chambers: Medical vs. Home Use

A hyperbaric oxygen chamber is a device that provides an environment for oxygen inhalation at a pressure exceeding 1 atmosphere. Medical hyperbaric oxygen chambers typically operate at pressures above 2.0 ATA, allowing patients to breathe pure or high-concentration oxygen to achieve therapeutic effects. This treatment method is known as Hyperbaric Oxygen Therapy (HBOT). In contrast, home hyperbaric oxygen chambers usually have pressures ranging from 1.0 to 2.0 ATA and are primarily used for daily health maintenance, such as anti-aging, beauty, sports recovery, relief of chronic fatigue, and improvement of sleep and energy levels.Medical hyperbaric oxygen chambers are classified as Class III medical devices, and their production and procurement must adhere to strict medical standards. "Medical hyperbaric oxygen chambers are devices that treat ischemic and hypoxic diseases through a pressurized environment (air or oxygen). They are used for the emergency and treatment of conditions such as carbon monoxide poisoning, brain injury rehabilitation, and radiation-induced tissue damage." The pressure in medical hyperbaric oxygen chambers typically ranges from 2 to 3 atmospheres.Manufacturers of medical hyperbaric oxygen chambers need a medical device production license, a pressure vessel manufacturing license, and must comply with relevant standards. The primary purchasers of medical hyperbaric oxygen chambers are hospitals.

II. Medical Hyperbaric Oxygen Chambers: An Oligopolistic 1 Billion Stable Market

According to data from the China Association of Medical Device Industry and actual industry research, there are only 9 manufacturers with qualifications to produce medical hyperbaric oxygen chambers, and no new manufacturers have obtained qualifications in the past 5 years. The price of a single hyperbaric oxygen chamber typically ranges from 1 to 2 million yuan.The main customers for medical hyperbaric oxygen chambers are tertiary hospitals, rehabilitation centers, and large medical institutions. The overall market size of medical hyperbaric oxygen chambers is approximately 800 million to 1 billion yuan, with an estimated annual growth rate in the single digits, primarily driven by the need for equipment updates and the demand from newly built hospitals and wellness centers.

III. Home Hyperbaric Oxygen Chambers: A Promising Market with Over 100 Competitors, Estimated Market Size Exceeding 1 Billion

Home hyperbaric oxygen chambers have gained significant attention in recent years due to their effectiveness in daily health maintenance and improvement of chronic conditions. Coupled with the participation of over 200 domestic manufacturers in the home hyperbaric oxygen chamber market, this segment is experiencing rapid growth.A search of patent websites reveals that there were 353 new patent applications related to hyperbaric oxygen chambers in 2024 alone, indicating a vibrant and developing industry.