Global Ozone Therapy Units Market: Overview
Ozone is a triatomic molecule with the representation O3. It is unceasingly formed in the upper atmosphere as long as sunlight is present. As it is heavier than air, it comes down and removes impurities and cleans the atmosphere. Ozone has extensive use in the medical industry. However, ozone therapy is still a contentious form of alternative therapy. Adults and young children with lung problems are told to stay indoors because ozone can exaggerate bronchitis, allergies, asthma, and other health problems.
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On the other hand, many believe ozone helps heal problems related to heart disease, cancer, candida, human immunodeficiency virus (HIV) and a host of other diseases including rheumatoid arthritis, autoimmune diseases, and low back pain. Ozone therapy has proven its effectiveness in the treatment of patients with gastrointestinal, pulmonary, cardiovascular, and endocrinological diseases.
Global Ozone Therapy Units Market: Key Trends
Increasing incidence of cancer and various chronic diseases such as asthma, arthritis, cystitis, Parkinson’s disease, corneal ulcers, rheumatoid arthritis, sepsis, senile dementia, gastroduodenal ulcers, glaucoma, hepatitis, wound healing, spondylitis and AIDS is expected to be the major factor driving the growth of ozone therapy units market throughout the world. Growing demand of ozone therapy units in emerging countries to treat critical disease conditions including diabetesauto-immune disease, cancer, SARS and AID, liver disease, macular degeneration, and Lyme disease in hospitals and required use of ozone therapy units pre and post-surgery in place of antibiotics are some additional factors that further drive the global ozone therapy units market.
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Global Ozone Therapy Units Market: Segmentation
The global ozone therapy units market can be segmented based on product, route of administration, application, end-user, and geography. Based on product, the global ozone therapy units market can be classified into standalone ozone therapy units, table top ozone therapy units, and portable ozone therapy units. In terms of route of administration, the ozone therapy units market can be categorized into subcutaneous and intravenous.
Based on application, the global market for ozone therapy units market can be divided into dermatology, gastroenterology, dental treatment, gynecology, oncology, and others. Ozone therapy is used in dermatology for the treatment of allergodermia, acne, and herpes. Moreover, ozone therapy is used to treat varicose veins. Intravenous infusions of ozonized saline solution are used in the treatment of angiitis. Ozone therapy is used as monotherapy in patients with chronic gastritis and in combination with other medications in handling patients with ulcer.
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The treatment for gynecological disorders with ozone therapy consists of intravenous infusions with ozonized saline or rectal insufflations with an ozone/oxygen mixture. In terms of end-user, the global ozone therapy units market can be categorized into hospitals and ambulatory surgical centers. The hospitals segment is expected to hold a major share of the global ozone therapy units market. High quality services provided by hospitals for patient care is a major factor contributing toward the high share of the segment in the global market. The ambulatory surgical centers segment is estimated to expand at a high growth rate in the coming years. An increase in the number of ambulatory surgical centers and advanced quality of treatment provided by ambulatory surgical centers are expected to propel the growth of segment over the forecast period.
Global Ozone Therapy Units Market: Regional Analysis
Based on geography, the ozone therapy units market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The ozone therapy units market in North America is classified into the U.S. and Canada. The ozone therapy units market in Europe is divided into the U.K., Germany, France, Italy, Spain, and the Rest of Europe. The ozone therapy units treatment market in Asia Pacific is further segmented into China, Japan, India, Australia & New Zealand, and Rest of Asia Pacific. The ozone therapy units market in Latin America is classified into Mexico, Brazil, and the Rest of Latin America.
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The ozone therapy units market in Middle East & Africa is split into South Africa, Saudi Arabia, Israel, and the Rest of Middle East & Africa. North America dominated the global ozone therapy units market. Asia Pacific is a rapidly expanding region of the the ozone therapy units market. Factors such as economic developments and increase in medical tourism in emerging markets such as China and India, rise in health care expenditures, and the presence of unmet medical needs and untouched market opportunities are driving the ozone therapy units market in the region.
Global Ozone Therapy Units Market: Competitive Landscape
Some of the major players in the global ozone therapy units market are Sedecal, Herrmann Apparatebau GmbH, Humares Gmbh, Aquolab, and MIO International Ozonytron GmbH.
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