Pulse Oximeter Market 2019 Analysis and Precise Outlook - Nonin Medical, Smiths Medical, Nihon-Kohden
The Pulse Oximeter market was valued at 19500 Milion US$ in 2019 and is projected to reach 24700 Million US$ by 2025, at a CAGR of 6.3% during the forecast period.
Pulse oximeters deal in the measurement of vital health parameters, such as respiratory rate, heart rate, and pulse rate. These are used to monitor a patients status prior to or during diagnosis of health condition. Pulse oximeters are used in a medical setting, home, or at the site of medical emergency.
Factors such as increase in geriatric population, rise in inclination towards home monitoring, upsurge in incidence rate of chronic diseases, such as cardiovascular disorders, obesity, and rise in awareness among patients about advanced pulse oximeters are expected to drive the market. However, lack of awareness about these devices in low- and middle-income economies hampers the market growth.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Pulse Oximeter Market: Masimo, Medtronic, Nonin Medical, Smiths Medical, Nihon-Kohden, Philips, GE Healthcare, Konica Minolta, Mindray, Heal Force, Contec, Jerry Medical, Solaris and others.
DUBLIN, April 21, 2020 (GLOBE NEWSWIRE) Medtronic
The global healthcare system is facing an unprecedented challenge with the COVID-19 pandemic, and Medtronic is responding in an unprecedented way. First and foremost, Medtronic has taken a number of steps to help ensure the health and well-being of its more than 90,000 employees and their families around the globe. Second, the company has mobilized its global resources to support patients and physicians in this time of need, including a rapid expansion in the production and distribution of critical products in the fight against COVID-19. Third, Medtronic is partnering with key government agencies and providing direct support to communities around the world.
Irvine, California - April 16, 2020 (Masimo)
Masimo's telehealth platform uses a tetherless, wearable single-patient-use SET sensor to monitor a patient's blood oxygen saturation and pulse rate, as well as respiration rate, perfusion index, and PVi, and is designed to help manage the surge in COVID-19 patients while maintaining distance from other patients and providers, allowing hospitals to expand patient remote monitoring into alternative care spaces, including overflow locations, emergency recovery facilities, skilled nursing facilities, and home care settings.
Global Pulse Oximeter Market Split By Product Type and Applications:
This report segments the global Pulse Oximeter Market on the basis of Types are:
On the basis of Application, the Global Pulse Oximeter Market is segmented into:
Ambulatory Surgical Center
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Regional Analysis For Pulse Oximeter Market:
For the comprehensive understanding of market dynamics, the global Pulse Oximeter Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
Important Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Pulse Oximeter Market.
- Changing market dynamics of the Pulse Oximeter Market industry.
- In-depth segmentation of Pulse Oximeter Market by Type, Application etc.
- Historical, current and projected market size in terms of volume and value.
- Recent industry trends and developments.
- Competitive landscape of Pulse Oximeter Market.
- Strategies of key players and product offerings.
- Potential and niche segments/regions exhibiting promising growth.
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