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Pulse Oximeters Market Forecast to 2027 – COVID-19 Impact and Global Analysis By Hill Rom Holding Inc., Edwards Lifesciences Corporation, Medtronic

The Pulse Oximeters market was valued at US$ 1,892.00 million in 2019 and is projected to reach US$ 3,693.92 million by 2027; it is expected to grow at a CAGR of 8.6% during 2020–2027.

Pulse oximeter is a non-invasive device used for monitoring oxygen saturation level in blood. It is a small, clip-like device that is attached to finger or earlobe. It is mostly used in intensive care, operating, emergency care, and patient at high altitude for the assessment of patient’s oxygenation to determine if there is need for supplemental oxygen. Further, pulse oximeters market are useful for patients with cardiac problem, respiratory problems, and chronic obstructive pulmonary diseases.

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Market Insights

Increasing Prevalence of Respiratory Diseases Drives Market Growth

The growing prevalence of the respiratory diseases is related to the decrease in the size of the upper airway lumen with increasing age of individuals. A large percentage of population suffers from various types of respiratory diseases globally. Smoking, genetic factors, and infections are among the common factors causing respiratory diseases. Chronic obstructive pulmonary disease (COPD), sleep apnea, cardiac arrhythmia, ischemic conditions, diabetes, hypertension, and asthma are among the medical conditions exerting significant burden on public healthcare system in various countries.

Global Pulse Oximeters market report offers in-depth information about the major market players

Nonin
Koninklijke Philips N.V.
VYAIRE MEDICAL, INC.
Smiths Medical
Hill Rom Holding Inc.
Edwards Lifesciences Corporation
Medtronic
Masimo
Beurer GmbH
Maxtec

The increasing number of COVID-19 cases worldwide is also boosting the demand for pulse oximeters. The continuous monitoring of respiratory parameters is one of the prime stages in the treatment of COVID-19 patients. Therefore, for the accurate management and treatment of COVID-19 cases, healthcare professionals are dependent on pulse oximeters and other multi-parameter monitors. Moreover, different types of pulse oximeter devices are being widely used for routine monitoring at home.

Major Topics Covered in this Report –

Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Pulse Oximeters market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application.

Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

Production by Region: Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied.

Profile of Manufacturers: Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.

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Prashant Tambe
Prashant Tambe
An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.