Covina, CA, May 04, 2021 (GLOBE NEWSWIRE) -- The Global Ozone Therapy unit market accounted for US$ 145.5 million in 2020 and is estimated to be US$ 561.4 million by 2030 and is anticipated to register a CAGR of 7.6%. Ozone is an energized/elemental source of oxygen found naturally in the atmosphere. For several years, people have used ozone therapy in medical settings. However, because of safety issues, its use is now debatable. When a person inhales ozone gas, it causes inflammation of the lungs and throat, coughing, and aggravated asthma symptoms. High levels of exposure can cause lung disease and even death. It descends, removing impurities and cleaning the atmosphere because it is heavier than air. In the medical sector, ozone is widely used. Many people assume, on the other hand, that ozone can help with heart disease, cancer, candida, HIV, and a variety of other diseases including rheumatoid arthritis, autoimmune diseases, and low back pain.
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The report "Global Ozone Therapy Units Market, By Product Type (Trolley-Mounted Ozone, Therapy Units, and Table-top Ozone Therapy Units), By Application (Oncological Treatment, Dermatological Treatment, Gastrointestinal Treatment, Dental Treatment, Gynecologic Treatment, and Others), By End-User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Homecare Settings), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"
Key Highlights:
- The FDA issued a resolution in 2019 opposing the use of ozone as a medical treatment. They say that ozone is a poisonous gas with no proven applications in supportive or preventive medicine.
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Analyst View:
The rising prevalence of cancer and other chronic diseases such as, arthritis, corneal ulcers, cystitis, senile dementia, Parkinson's disease, sepsis, asthma, rheumatoid arthritis, , gastroduodenal ulcers, spondylitis, glaucoma, hepatitis, wound healing, , and AIDS is expected to fuel the global ozone therapy unit market. Ozone therapy, on the other hand, is widely regarded as one of the most versatile forms of medical therapy - an alternative to medications - since it can be effectively delivered through various body organs through the skin, such as the intestines and lungs, in the blood, through the ears, and on the teeth to treat damaged body parts.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Ozone Therapy Units Market, By Product Type (Trolley-Mounted Ozone, Therapy Units, and Table-top Ozone Therapy Units), By Application (Oncological Treatment, Dermatological Treatment, Gastrointestinal Treatment, Dental Treatment, Gynecologic Treatment, and Others), By End-User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Homecare Settings), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”
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Key Market Insights from the report:
The Global Ozone Therapy unit market accounted for US$ 145.5 million in 2020 and is estimated to be US$ 561.4 million by 2030 and is anticipated to register a CAGR of 7.6%. The Global Ozone Therapy units Market is segmented based on the product, application end-user, and region.
- By product, the Global Ozone Therapy unit Market is segmented into Trolley-Mounted Ozone, Therapy Units, and Table-top Ozone Therapy Units
- By Application, the market is segmented in Oncological Treatment, Dermatological Treatment, Gastrointestinal Treatment, Dental Treatment, Gynecologic Treatment, and Others
- By End-user, the Global Ozone Therapy unit Market is segmented into Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Homecare Settings
- By region, the Global Ozone Therapy Unit Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Competitive Landscape:
The key players operating in the Global Ozone Therapy unit Market include Promolife, W&H dentalwerk burmoos GMBH, APOZA Enterprise Co., Ltd., Aquolab, J.Hänsler GmbH, Evozone GmbH, Herrmann Apparatebau GmbH, MIO International Ozonytron GmbH
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Some Important Points Answered in this Market Report Are Given Below:
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
- Introduction
- Study Deliverables
- Study Assumptions
- Scope of the Study
- Research Methodology
- Executive Summary
- Opportunity Map Analysis
- Market at Glance
- Market Share (%) and BPS Analysis, by Region
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Investment Analysis
- Competitive Analysis
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