Transcutaneous Oximetry System Market Growth, Revenue and Forecasts 2021-2027 | Business Demand, Cost Structures, Region, Prominent Players and Industry Outlook - Perimed, Philips, SenTec, Medicap Homecare

The Transcutaneous Oximetry System Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Transcutaneous Oximetry System Market Size is Projected to Reach at a CAGR of 6% during 2021-2027.

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Market Overview

The transcutaneous oximetry systems market is expected to account for a significant growth rate, owing to the increasing prevalence of peripheral vascular disorders and wound healing disorders.

According to the Center for Disease Control and Prevention, around 8.5 million people in the United States have peripheral vascular disorders. Moreover, the increasing prevalence of diabetic foot ulcers is propelling the demand for transcutaneous oximetry systems.
The transcutaneous oximetry systems are also gaining popularity to check the need for amputation. A diabetic foot ulcer is a major reason for foot amputation.
The growing adoption of advanced monitoring systems for blood flow monitoring is expected to favour the demand for transcutaneous oximetry systems.
The increasing ageing population and healthcare expenditure is expected to flourish the growth of the transcutaneous oximetry systems market.

Top Leading Companies:

Radiometer America, Perimed, Philips, SenTec, Medicap Homecare, Radiology

Recent Development:

Philips has acquired 36 companies, including 16 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 13 assets. Philips’ largest acquisition to date was in 2007 when it acquired Respironics for $5.1B. Its largest disclosed sale occurred in 2021 when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company’s most targeted sectors include medical products (38%) and electrical equipment (10%).

Transcutaneous Oximetry System Market Segmentation by Type:

Vascular Diagnosis and Wound Healing Monitor
Neonatal Monitoring Systems
Others

Transcutaneous Oximetry System Market Segmentation by Application:

Hospital
Clinic
Others

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North America Dominates the Market

However, the United States (US) and Canada have a developed and well-structured healthcare system. These systems also encourage research and development. These policies encourage global players to enter the United States and Canada. As a result, these countries enjoy the presence of many global market players. As per a 2019 article in the Canadian Institutes of Health Research, preterm births in Canada increased by 20% during the past two decades. In Mexico as well, nearly 200,000 babies are born prematurely, as per 2017 data by the Ministry of Health in Mexico. The diabetic population is also high in these countries, which leads to diabetic foot ulcers. These factors have been driving the market growth in the region.

Regional Transcutaneous Oximetry System Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Transcutaneous Oximetry System Market Report:

Detailed overview of Transcutaneous Oximetry System Market
Changing the Transcutaneous Oximetry System market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Transcutaneous Oximetry System market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Transcutaneous Oximetry System Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Transcutaneous Oximetry System Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Transcutaneous Oximetry System industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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