Pulse Oximeters Market

Posted by ahila on April 30th, 2018

By Product Type (Fingertip, Hand-Held, Table-Top/Bedside, Wrist-Worn, and Pediatric Pulse Oximeters), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers (ASC), Homecare Settings), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

Pulse Oximeters Market Report Description:

The Global pulse oximeters market report gives a comprehensive outlook on pulse oximeters across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). The report on pulse oximeters market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, end user, and geographic regions. This report studies pulse oximeters market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the Global pulse oximeters market reportincludes technology advancements; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed pulse oximeters market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the pulse oximeters market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in manufacturing, supply, and use of pulse oximeters.

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Global Pulse Oximeters Market:

Global pulse oximeters market estimated to be valued US$ 1,724 Mn in 2017 and poised to grow at CAGR of 6.3% over 2017-2023. Market for pulse oximeters projected to reach US$ 2,486 Mn by 2023 owing to increasing prevalence of cardiovascular and respiratory diseases such as Ischemia, cardiac arrhythmias sleep apnea, and Chronic Obstructive Pulmonary Disease (COPD)

Technological advances expected to drive pulse oximeters market revenue growth

The advances in pulse oximeters design and function such as user-friendliness and efficient performance expected to create demand for the pulse oximeters over the forecast period. Moreover, recent advances like the development of wireless pulse oximeters are expected to increases adoption of these devices in critical care settings where early medical intervention is necessary. For instance, in 2015, Nonin Medical, Inc. launched the NoninConnect Model 3230 Bluetooth Smart wireless finger pulse oximeters outside the U.S. The device helps clinicians and patients identify issues for early intervention, helping to avoid re-hospitalization

Increasing adoption in different healthcare setups creating market demand

The rise in adoption of pulse oximeters as monitoring standard during anaesthesia procedure in critical care set-ups, rising prevalence of cardiovascular and respiratory diseases which in turn promotes homecare usage are expected to drive market revenue growth over the forecast period. Moreover, ease of availability in stores, pharmacies and mandatory screenings for newborns in U.S for cardiac disease expected to create market demand for pulse oximeters over the forecast period

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Joined: March 20th, 2018
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