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Pulse Oximeter Market is Valued Reach $USD 3492.1 Million with Top Key Players are Philips Healthcare, Smiths Medical, Medtronic, GE Healthcare and Forecast by 2027

08-03-2021 01:20 PM CET | Health & Medicine

Press release from: Brandessence Market Research & Consulting Pvt ltd.

Global Pulse Oximeter Market is valued at USD 2245.7 Million in 2020 and expected to reach USD 3492.1 Million by 2027 with a CAGR of 6.51% over the forecast period.

Global Pulse Oximeter Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing demand of pulse oximeter, rising cases of COPD and growing prevalence of Covid-19 cases globally are some of the major factors driving the growth of Global Pulse Oximeter Market.

Top Companies:-

Some key players for global pulse oximeter market are Philips Healthcare, Carefusion Corporation, Smiths Medical, Meditech Equipment Co., Nihon Kohden Corporation, General Electric Manufacturing Company (GEMAC), (Covidien), Masimo, Opto Circuits India Ltd., GE Healthcare, Welch Allyn, CAS Medical Systems Inc., Nonin Medical Inc., Spacelab Healthcare, Omron Healthcare, Inc., Vyaire Medical, and others.

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Scope of Global Pulse Oximeter Market Report:-

Pulse oximetry is a test that measures the amount of oxygen in the blood (oxygen saturation). It's an easy, painless way to see how far oxygen gets to the parts of your body furthest from your core, including your arms and legs. The pulse oximeter is a clip-like device that is mounted on a body part, such as a finger or ear lobe. The probe measures the amount of oxygen in the blood using light.

It is a medical instrument that produces a photoplethysmogram, which can be further processed into other measures, by monitoring the oxygen saturation of a patient's blood and changes in blood volume in the skin. A multiparameter patient control may include the pulse oximeter. Pulse oximeter powered by batteries is also available for use during transportation or at home use.

Karl Matthes a German physician invented the first two-wavelength ear O2 saturation meter with red and green filters in 1935. (Later red and infrared filters). His meter was the first to detect oxygen saturation.

The pulse oximeter is used before, during, and after sedation surgery or procedures to check how well lung medications are working, to check a person's ability to tolerate elevated activity levels, to see whether a ventilator is required to assist with breathing or to check how well it is working, and to see if a person has times when breathing fails during sleep (sleep apnoea).

The advancement of techniques to increase the accuracy and the creation of low-cost equipment might actually open more market growth opportunities.

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.

During the Covid-19 pandemic, and as a result of the rise in Covid-19 patients, the need for oxygen monitoring devices is increased at various levels such as home isolations, patient ambulatory services, and ventilation areas which has shown a positive effect on the market growth of pulse oximeter. Despite that, the advancement in precision and accuracy may increase the chances of growth in the market of the pulse oximeter.

Increasing Demand of Pulse Oximeter, Rising Cases of COPD and Growing Prevalence of Covid-19 Cases Globally are the Major Factors Driving the Market Growth.

The major factor driving the growth of the global pulse oximeter market is the increasing demand for pulse oximeters in the healthcare sector. In the care of Covid-19 patients, a pulse oximeter has become necessary. Rising cases of Covid-19 patients and home isolations is fostering the demand for pulse oximeter.

According to WHO, in symptomatic patients with COVID-19 and risk factors for progression to serious disease who are not hospitalized, a conditional recommendation for home pulse oximetry monitoring as part of a package of treatment that includes patient and provider education and adequate follow-up (very low certainty).

A pulse oximeter can be used to diagnose and track hypoxemia, increase patient monitoring, and allow more effective use of oxygen supplies. Patients in intensive care units (ICUs) need respiratory assistance for an average of 13 days, with 10–25% of patients requiring ventilation, and others requiring ventilation for several weeks.

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Key Benefits for Global Pulse Oximeter Market Report–

• Global Pulse Oximeter Market report covers in-depth historical and forecast analysis.
• Global Pulse Oximeter 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 Pulse Oximeter Market report helps to identify opportunities in the marketplace.
• Global Pulse Oximeter Market report covers extensive analysis of emerging trends and competitive landscape.

Segmentation Analysis:-

Global Pulse Oximeter Market report is segmented on the basis of product type, end-user and region & country level. Based upon product type, global pulse oximeter market is classified into fingertip oximeter, handheld oximeter, tabletop oximeter and others. Based upon end-user, the market is divided into hospitals, ambulatory surgery centres and clinics, home healthcare and others.

Global Pulse Oximeter Market Segmentation:

By Product Type:

• Fingertip Oximeter
• Handheld Oximeter
• Tabletop Oximeter

By End-User:

• Hospitals
• Ambulatory Centres and Clinics
• Home Healthcare
• Others

What Pulse Oximeter Market Reports Provides?

• Full in-depth analysis of the parent market
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.
• Important changes in market dynamics
• Segmentation details of the market
• Former, ongoing, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
Also, Research Report Examines:
• Competitive companies and manufacturers in the global market
• By Product Type, Applications & Growth Factors
• Industry Status and Outlook for Major Applications / End Users / Usage Area

Why Choose Us?

1. Get a broad overview of the Global Pulse Oximeter systems which would help in further Pulse Oximeter researches
2. Get region-specific drivers and challenges affecting the Global Pulse Oximeter Market.
3. Device market-entry strategies by understanding the driving factors of the market
4. Get relevant company profiles and start-up company profiles

Table of Content: Global Pulse Oximeter Market Research Report:-

Chapter 1: Global Pulse Oximeter Industry Overview
Chapter 2: Global Economic Impact on Pulse Oximeter Markets
Chapter 3: Global Market Size Competition by Industry Producers
Chapter 4: Global Productions, Revenue (Value), according to Regions
Chapter 5: Global Supplies (Production), Consumption, Export, Import, geographically
Chapter 6: Global Productions, Revenue (Value), Price Trend, Product Type
Chapter 7: Global Market Analysis, on the basis of Application
Chapter 8: Pulse Oximeter Market Industry Value Chain
Chapter 9: Pulse Oximeter Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Economic Indicators, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Pulse Oximeter Market Forecast Period
Chapter 14: Future of the Market
Chapter 15: Appendix

Pulse Oximeter Market By Regional & Country Level:

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy

Asia Pacific

• China
• Japan
• India
• Southeast Asia

Latin America

• Brazil
• Mexico

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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About Brandessence Market Research Inc.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

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