mHyperbarics
2601 Jahn Ave NW, Gig Harbor, WA 98335
Gig Harbor, Washington (state), United States
Address
City: Gig Harbor
Neighborhood: West End
State: Washington (state)
Postal Code: 98335
Country: United States
Business facts
Estimated annual revenue~$1.1M
Estimated employees~6
In business since2013
Estimate based on strong signals
Area statistics (98335)
Population28,002
Median household income$119,986
Source: US Census ACS
About
mHyperbarics is a network of premier Mild Hyperbaric Oxygen Therapy (mHBOT) facilities in the Puget Sound region, with state-of-the-art centers equipped with FDA approved hyperbaric chambers. They offer treatment for approved and off-label indications, under the guidance of qualified health professionals. The team at mHyperbarics is dedicated to providing a warm, caring, and professional environment for patients, with years of experience and a commitment to the highest standard of care.
📅
Appointment Only
Yes
🚻
Restroom
Yes
♿
Wheelchair Accessible
Parking, Restroom, Yes
Market analysis
Earning above its category median in a growing category (Alternative medicine).
EstimateCategory trend: 2024, +6.5%
Revenue trend (modeled)
~$793.9K2019
~$811.4K2020
~$890.4K2021
~$949.6K2022
~$1.0M2023
~$1.1M2024
Modeled from category averages for the region+6.4%/yr since 201980% confidence band: ±59%
Property
Lot size6.95 acres
Land use0
CountyPierce
On this lotshared with 62 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Alternative medicine in Washington (state) | 8,435 | ~$3.4B | ~$404.8K | ~$295.6K | 5.0★ | 3.7× |
Category revenue trend2024: +6.5%2023: +6.7%2022: +6.5%2021: +9.3%Modeled from business-level estimates
Chain pressure605 chains expanding in this category, led by Deepa Rao, Hohn Beverly A, Tong Shen (+15,613 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 98 | ~$134.4M | ~$1.4M | ~$735.4K | 459 | ~$46.1M | 1.5× |
| Human health and social work activities | 17 | ~$28.2M | ~$1.7M | — | 99 | — | — |
1 km area (all businesses): median from the 77 of 98 businesses with estimates
Estimate
Area conditions (98335)
Population28,002 ±1,641
Median household income$119,986 ±$10,912
Median home value$703,100
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS