Over the course of the forecast period, it is anticipated that the prevalence of cancer and other chronic diseases would continue to rise. Ozone therapy aids in slowing the growth of uterine, breast, and lung cancer cells in humans by 40–90%. For instance, the World Health Organization reported in September 2021 that cancer was the biggest cause of mortality globally in 2020, accounting for around 10 million deaths. Over the course of the projection period, it is predicted that a rise in the number of people with skin disorders would fuel market expansion for medical ozone generators. For instance, a 2020 Frontiers article found that among Europeans aged 15 to 24 years, the total prevalence of acne was 57.8% (58.28% in men and 56.97% in women). A further epidemiological study of acne among college students in North East China revealed a total prevalence of 51.30% (52.74% in men and 49.65% in females). Over the forecast period, rising gastrointestinal disease prevalence is anticipated to fuel market expansion for medical ozone generators.
According to Coherent Market Insights, The market for Medical Ozone Generators is anticipated to reach a value of US$ 115.9 million in 2021 and grow at a 5.8% CAGR from 2021 to 2028.
Key Competitors in the Medical Ozone Generator Industry:
1. Eltech Ozone,
The company was founded in 1992 and has its main office in Mumbai. One of India's top manufacturers of high-quality ozone generators is Eltech Ozone Pvt. Ltd. A pioneer in ozone disinfection treatment, Eltech Ozone Pvt. Ltd. develops and produces ozone generators that use the most cutting-edge electronics technology imaginable. offering a variety of ozone generators, ranging in size from laboratory models to the biggest ozone systems.
2. Chemtronics
The company was founded in 1958 and has its main office in South Korea. Manufacturer and designer of cleaning and repair products for the electronic market is Chemtronics. From a small selection of cleansers to a full line of ultra-pure solvents, degreasers, swabs, wipes, and repair tools for the electrical, electronics, and telecommunications industries, the company's product offering has expanded.
3. AQUAPURE
The company was established in 2002 and has its main office in Alberta, Canada. The company's activity comprises the wholesale distribution of supplies and equipment for hydronic plumbing and heating. Unhealthy microorganisms, pesticides, and other contaminants can be removed from fruits and vegetables using the innovative AquaPure system.
4. Herrmann Apparatebau
The business was established in 1984 and is based in Germany. The business provides heating, ventilation, air conditioning, and related services while operating as an engineering firm. The business produces and develops colon therapy equipment with the goal of assisting patients, physicians, and therapists with ozone treatment systems.
5. Aquolab
The firm was founded in 2007 and is based in Milan, Lombardy, Italy. Water testing equipment is sold by Aqualabo Services SA. Portable samplers, flowmeters, data loggers, and other accessories are available from the company on a rental basis. A revolutionary water jet is called Aquolab. It doesn't depend on jet power to work.
6. APOZA Enterprise
The firm was founded in 1982 and has its main office in Taipei, Taiwan. APOZA looks for more inventive, all-encompassing, and thorough ways to improve the surgical and dentistry processes. Sterilizers, dental curing lights, and other items are among the many types of medical and dental supplies offered by Apoza.
7. Promolife
The firm was founded in 1999 and is located in Arkansas, United States. Promolife creates CD and DVD discs for writing, exhibitions, promotions, and presentations. The business encourages healthy living through ozone therapy, exercise with oxygen therapy, and other methods.
*Definition: Medical grade ozone is produced by the medical ozone generator. The usage of a medical ozone generator is useful for chelation therapy, toxicity elimination, cancer and AIDS treatment, as well as pain therapy and management. It also removes toxins.