The global hypoxia chamber market is estimated to be valued at US$ 59.9 million in 2020 and is expected to exhibit a CAGR of 7.7% during the forecast period (2020-2027).
Rising prevalence of chronic diseases and increasing research and development activities is expected to drive the market growth during the forecast period
The rising incidence of chronic diseases such as cardiovascular diseases, cancer, and increasing research and development activities for the development of novel therapy is expected to drive growth of the global hypoxia chamber market during the forecast period.
Figure 1. Global Hypoxia Chamber Market Share (%) in Terms of Value, By Region, 2020
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