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Handheld Pulse Oximetry Market Size, Forecasts Analysis, Industry Growth, Company Profiles, Global 2021 Industry Share and Key Regions 2027 -Medtronic, Curaplex, Masimo, Medsource, Nonin, Smiths Medical

11-26-2021 06:02 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Handheld Pulse Oximetry 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 Handheld Pulse Oximetry Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.

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Market Overview

The major factors for the growth of the smart pulse oximeters market include the rising cases of cardiovascular diseases and an increase in the geriatric population, and the growing demand for portable monitoring devices. The Handheld pulse oximeters are used to monitor the oxygen saturation of haemoglobin in the arterial blood non invasively. These devices use infrared light to measure the oxygen level and heart rate. The rising prevalence of cardiovascular diseases is expected to boost the demand for smart pulse oximeters.  According to the American College of Cardiology, cardiovascular disease (CVD) accounted for about 800,000 deaths in the United States in 2016. Among Americans, an average of one person dies from cardiovascular disease, every 40 seconds. Coronary heart disease (CHD) accounts for the majority of CVD deaths, followed by stroke and heart failure. Thus, owing to the rising cases of cardiovascular diseases the market is expected to witness high demand over the forecast period.

Top Leading Companies:

Medtronic, Curaplex, Masimo, Medsource, Nonin, Smiths Medical, Veridian, BCI, Nellcor, Acare, Charmcare, Apex Medical, Biolight Co.Ltd, Clarity Medical, Biobase, Cardioline, Advanced Instrumentations

Recent Development:

Medtronic has acquired 60 companies, including 14 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets. Medtronic’s largest acquisition to date was in 2014 when it acquired Covidien for $42.9B. Its largest disclosed sale occurred in 2017 when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company’s most targeted sectors include medical products (88%) and healthcare services (8%).

APEX MEDICAL CORPORATION (APEX), (TWSElisted Company (ref code 4106)), a leading player in the Pressure Area Care and Respiratory Therapy sectors - has today announced an agreement, effective Aug 31st 2012, to acquire a controlling interest in WESTMERIA HEALTHCARE Limited (Westmeria), a leading provider of Pressure Area Care (PAC) therapy in theUnited Kingdom.

Smiths Medical, a leading global medical device manufacturer, announces today the acquisition of the business of Access Scientific, LLC, a privately-held company based in San Diego, CA. Access Scientific is a broad-spectrum vascular access and infection prevention company that manufactures the POWERWAND™ midline and extended dwell catheters. The range of POWERWAND™ products extends Smiths Medical’s vascular access product portfolio and enables greater clinician choice to treat patients.

Handheld Pulse Oximetry Market Segmentation by Type:

Medical Device
With Separate Sensor
Other

Handheld Pulse Oximetry Market Segmentation by Application:

Accident & Emergency Department
The Intensive Care Unit
General Wards
Home Care
Other

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North America is Expected to Hold Largest Market Share over the Forecast Period

The United States is expected to be the largest smart pulse oximeters market owing to the presence of better healthcare infrastructure and the presence of major market players. According to the Centers for Disease Control and Prevention 2018, heart disease is the leading cause of death for both men and women in the United States. It is responsible for 1 in every 4 deaths and more than 610,000 people die every year from the disease. Also, there is a high demand for portable pulse oximeters in the market. The rising prevalence of cardiovascular diseases is expected to increase the demand for a smart pulse oximeter.

Regional Handheld Pulse Oximetry 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 Handheld Pulse Oximetry Market Report:

Detailed overview of Handheld Pulse Oximetry Market
Changing the Handheld Pulse Oximetry market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Handheld Pulse Oximetry market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Handheld Pulse Oximetry 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 Handheld Pulse Oximetry 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. Handheld Pulse Oximetry industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

ABOUT US:

Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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