Press release
Potential Impact of COVID-19 on Pulse Oximeter Market | Masimo Corporation, Edwards Lifesciences, General Electric Company, Medtronic
The latest research report on Pulse Oximeter Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.Global Pulse Oximeter Market is valued around USD 1838.18 Million i2018 and expected to reach USD 2884.78 Million by 2025 with the CAGR of 6.65% over the forecast period.
Pulse oximetry is a noninvasive and painless test that measures human oxygen saturation level, or the oxygen levels in human blood. It can rapidly detect even small changes in how efficiently oxygen is being carried to the extremities furthest from the guts, including the legs and therefore the arms. The pulse oximeter may be a small, clip-like device that attaches to a part, like toes or an earlobe. Its most commonly put on a finger, and it's often used in a critical care setting like emergency rooms or hospitals. Some doctors, like pulmonologists, may use it in office. The purpose of pulse oximetry is to check how well user's heart is pumping oxygen through user's body.
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It may be wont to monitor the health of people with any sort of condition which will affect blood oxygen levels, especially while they're within the hospital. These conditions include: chronic obstructive pulmonary disease (COPD), asthma, pneumonia, carcinoma, anemia, attack or coronary failure, congenital heart defects
Most commonly, a clip-like device will be placed on user's finger, earlobe, or toe. User may feel a small amount of pressure, but there is no pain or pinching. In some cases, a small probe may be placed on user's finger or forehead with a sticky adhesive. User may be asked to remove user's fingernail polish if it's being attached to a finger. User will keep the probe on for as long as needed to monitor user's pulse and oxygen saturation. When monitoring physical activity capabilities, this may be during the extent of the exercise and through the recovery period. During surgery, the probe are going to be attached beforehand and removed once users awake and not under supervision. Sometimes, it'll only be wont to take one reading very quickly. Once the test is over, the clip or probes are going to be removed.
Global pulse oximeter market is segmented on the basis of type, Sensor Type and region. On the basis of type, the market is segmented into Fingertip, Table-Top, Wrist-Worn, Hand-Held, Earlobe, Forehead, Palm/Foot and Nose. On the basis of Sensor Type, the market is segmented into Reusable and Disposable. On the basis of patient type, the market is segmented into Neonatal, Pediatric and adult. On the basis of end-user, the market is segmented into Hospitals, Clinics & Healthcare, acilities, Home Care and Diagnostic Centers The regions covered in this pulse oximeter market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of pulse oximeter is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Pulse Oximeter Market Reports-
Masimo Corporation, Edwards Lifesciences Corporation, Nihon Kohden Corporation, General Electric Company. Medtronic PLC, Koniklijke Philips N.V., Drgerwerk AG & Co. KGaA, Smiths Medical Inc., Opto Circuits Limited, Halma PLC, and Spacelabs Healthcare Inc.
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News Analysis: Masimo Introduces Rad-G(TM) Pulse Oximeter.
News: May 9, 2017. Masimo (NASDAQ:MASI) announced the introduction of Rad-G, a combined pulse oximeter designed primarily to be used in pneumonia screening and spot-checking of oxygen saturation (SpO2) in low-resource settings. the event of the device is supported partially by a grant of $4.95 million from the Bill & Melinda Gates Foundation (BMGF), announced in November 2016, as a part of a partnership with Masimo to facilitate screening for pneumonia by doctors in low-resource areas.
Global Pulse Oximeter Market Dynamics-
Pulse oximetry is one of the standard American Society of Anesthesiologists monitor parameters for all anesthesia cases. Anesthesiologist is involved significantly in the delivery of anesthesia services to elderly Medicare patients. The answer to this question could have a significant impact on overall healthcare delivery because each year approximately 1.3 million Medicare beneficiaries are admitted to United States hospitals for orthopedic and general surgical procedures that necessitate anesthesia.
Higher cost and instant availability of devices can be the restrain for the market. No on the spot treatment can be also the restrain for the market.
These devices are unknown in many areas of the world. Low and middle income countries which is untapped market and growing countries can be the opportunities for the market.
North America dominate the Pulse Oximeter Market
North America dominates the market of around 647,000 Americans die from heart disease each year. Heart disease treatments cost the United States about USD 219 billion and higher rate of currency with higher rate of medical expenses North America is dominating the market. After North America, Europe is the market in which CVD accounts for 45% of all deaths in Europe and 37% of all deaths in the Europe. Asia Pacific is a fastest growing region. Only Asia comprises more than 4.5 billion people which is 60% of the world population living in 49 different nations have the economic power, Asia pacific is the growing largest market for Pulse Oximeter followed by Europe.
Key Benefits for Global Pulse Oximeter Market Reports -
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global Pulse Oximeter Market Segmentation -
By Type:
Beating Heart Surgery Systems
Cardiopulmonary Bypass Equipment
Cardiac Ablation Devices
Perfusion Disposables
By Sensor Type Analysis:
Sensor Types
Congenital Heart Defects
Cardiac Arrhythmia
Coronary Heart Disease
Congestive Heart Failure
Other Sensor Types
By Age Group
New-born (0-30 days)
Infant (31 days-1 year)
Children (1-18 years)
Adult (18+ years)
By Regional & Country Analysis
North America
U.S.
Canada
Europe
UK
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
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