Essentially Peroxysan is hydrogen peroxide. I do not know the cost of it, however, I would think you could purchase industrial strength peroxide 50% for a similar price.
To use peroxide you normally run the system at 40 ppm or thereabouts. For a home spa it is probably a viable alternative, however the cost of the product normally outweighs the benefits. Unfortunately this is why the pool industry normally uses chlorine.
It is usual if you do go the peroxide route to also run a secondary system such as ultraviolet at 60 mj/s/cm, and this system does work reasonably well. I am not sure how it would go with Ozone, I have to think about it for a while.
HTH