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Pulse Oximeters Market Size, Share & Growth Report 2020-2025

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Pulse Oximeters Market Size, Share & Growth Report 2020-2025

October 12
15:36 2020
Pulse Oximeters Market Size, Share & Growth Report 2020-2025

pulse oximeter market
According to IMARC Group a latest research report the global pulse oximeter market projected to continue its robust growth during the next five years 2020-2025.

According to the latest report by IMARC Group, titled “Pulse Oximeter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global pulse oximeter market size grew at a CAGR of around 6% during 2014-2019.  Pulse oximeter are noninvasive medical devices that are used for measuring the percentage of oxygen saturation and pulse rate in the body. They consist of a sensor and a small hand-held device that is attached to a finger, toe or earlobe of an individual. They assist health professionals in the early detection of chronic diseases and the remote monitoring of patients. Nowadays, personal finger pulse oximeter are gaining traction across the globe as they allow in-home patient monitoring of different chronic diseases.

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The escalating demand for remote patient monitoring devices on account of the rising cases of coronavirus diseases (COVID-19) represents one of the significant factors fueling the global pulse oximeter market growth. A pulse oximeter is utilized in intensive care units (ICUs) to monitor oxygen levels in the blood of the patients. Other than this, the increasing prevalence of respiratory diseases, such as asthma and chronic obstructive pulmonary disease (COPD), is further influencing the demand for pulse oximeter. Other factors, such as the incorporation of innovative features, such as Bluetooth, alarm system and extensive memory in these devices is anticipated to bolster the market growth in the coming years. Looking forward, IMARC Group expects the market to continue its robust growth during the next five years 2020-2025.

Breakup by Type:

  • Fingertip pulse oximeter
  • Handheld pulse oximeter
  • Wrist-worn pulse oximeter
  • Others

Breakup by Sensor Type:

  • Reusable
  • Disposable

Breakup by Patient Type:

  • Neonatal
  • Pediatric
  • Adult

Breakup by End-Use:

  • Hospitals and Clinics
  • Ambulatory Surgery Centers
  • Home Healthcare
  • Others

Competitive Landscape Key Player:

  • CAS Medical Systems Inc (Edward Lifesciences)
  • Contec Medical Systems Co. Ltd.
  • Koninklijke Philips NV
  • Masimo
  • Medtronic Plc
  • Nonin Medical Inc.
  • Opto Circuits
  • Smiths Medical Inc.
  • Spacelabs Healthcare (OSI Systems)
  • Welch Allyn (Hill-Rom)

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Source: steemit

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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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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