Pulse Oximeters Market Overview:
IMARC Group’s latest research report, titled “Pulse Oximeters Market Growth: Global Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global pulse oximeter market size reached a value of US$ 2.14 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.25 Billion by 2027, exhibiting at a CAGR of 7.1% during 2022-2027. A pulse oximeter is a small, portable electronic device that is widely used for monitoring oxygen levels in the blood. It functions by placing the finger inside the device, upon which the blood oxygen level and heart rate of an individual is displayed on the screen. As a result, it offers valuable insights into the oxygen saturation percentage and breathing activity of neonates under certain drugs.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, sensor type and end-use.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Pulse Oximeters Market
- Strategies of major players and product offerings
The global pulse oximeter market is primarily driven by the increasing prevalence of respiratory diseases among individuals. In line with this, product sales are continually rising amid the rapid expansion of the COVID-19 pandemic. In addition to this, the increasing prevalence of chronic diseases among the geriatric population is also creating a positive outlook for the market. Moreover, the expanding adoption of pulse oximeters for remote and self-monitoring purposes, continual product innovations and the easy product availability in online pharma stores are further providing an impetus to the market growth.
Pulse Oximeters Top Companies:
- CAS Medical Systems Inc.
- Contec Medical Systems Co. Ltd.
- Koninklijke Philips NV
- Medtronic Plc
- Nonin Medical Inc.
- Opto Circuits
- Smiths Medical, Inc.
- Spacelabs Healthcare (OSI Systems),
- Welch Allyn (Hill-Rom)
Key Market Segmentation:
Breakup by Type:
- Fingertip Pulse Oximeters
- Handheld Pulse Oximeters
- Wrist-worn Pulse Oximeters
Based on the type, the market has been divided into fingertip, handheld, wrist-worn, and other pulse oximeters.
Breakup by Sensor Type:
On the basis of the sensor type, the market has been classified as reusable and disposable.
Breakup by End-Use:
- Hospitals and Clinics
- Ambulatory Surgery Centers
- Home Healthcare
The market has been segmented based on the end use into hospitals and clinics, ambulatory surgery centers, home healthcare, and others.
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Region-wise, the market has been segregated into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
TOC for the Pulse Oximeters Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Pulse Oximeters Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: https://wirelly.com/facility-management-market-scope-and-demand-analysis-by-2027/
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