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Growing Adoption of Pulse Oximeters in Homecare Settings to Boost Market Growth – Fact.MR Survey

Pulse Oximeters Market

The market for pulse oximeters is being driven by continuous technical advances and the introduction of efficient pulse oximeters. The global pulse oximeters market is expected to increase at a modest rate during the forecast period, reaching US$ 1.2 billion in 2019. (2019 – 2029).

Masimo introduced two patient monitoring products in India in January 2017, the Rad-97 Pulse-CO Oximeter and the SedLine Brain Function Monitoring. These products are supposed to improve clinicians’ patient monitoring abilities. Furthermore, government-controlled pricing management and reimbursement controls, particularly in China and Japan, provide considerable potential for manufacturers to invest in these countries. Pulse oximeter sales are increasing as a result of increased government activities to raise awareness about various respiratory disorders.

Pulse oximeters Market: Key Segments

The pulse oximeters market is broken down into three categories in Fact.report: MR’s product type, end user, and geography. This study provides in-depth data and analysis on the key market dynamics and growth indicators that are linked with these categories.

Product Type
  • Finger Pulse Oximeters
  • Hand Held Pulse Oximeters
  • Table Top Pulse Oximeters
  • Wrist Pulse Oximeters
End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Homecare Settings
Region
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Pulse Oximeter Market Research Highlights

  • In the pulse oximeters market, a large number of firms that make handheld pulse oximeters contributed considerably to the revenue share.
  • Because of the quick introduction of new products in these regions, North America and Europe account for more than 60% of the pulse oximeters market.
  • The pulse oximeters market is likely to be dominated by hospitals during the forecast period in terms of end users.
  • Pulse oximeters are a rather fragmented market. Masimo Corp., Medtronic plc., Koninklijke Philips NV, GE Healthcare, Rossmax International Ltd., and a few more are only a handful of the well-known producers.

“Technological improvements have increased pulse oximeter sales by allowing the introduction of new and advanced products as well as the rise of a number of new participants in the industry.”

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