Global Medical Pulse Oximeter Market Industry Share, Size: 2022 Market Research with Growth, Manufacturers, Segments and Forecast - 2028

The global medical pulse oximeter market is anticipated to grow at a significant CAGR 5% during the forecast period (2022-2028). The high prevalence of Chronic obstructive pulmonary disease (COPD) that requires continuous monitoring is expected to drive the growth of the medical pulse oximeter market. Furthermore, medical pulse oximeter market growth is also driven by technological advancements in oximeters and increasing adoption of oximeters in critical care, childbirth, neonatal, surgery, anesthesia, and pediatric care, andincreasing demand for pulse oximeters is mainly linked to their characteristics such as portability, connectivity, compact size.

In addition, market growth is attributed to an increase in chronic respiratory infections, and technological advances in production are expected to further their demand during the forecast period. Moreover, emerging government guidelines and recommendations for the use of pulse measurement and rising product launches are expected to boost the growth of the global medical pulse oximeter market. For instance, according to the GOLD (Global Initiative for Chronic Obstructive Lung Disease) in June 2020, the prevalence of COPD across the globe was 10.1%, while 11.8% for men and 8.5% for women. In addition, the majority of 3-11% reported non-smokers such a high prevalence of COPD across the globe is expected to increase hospitalization, further exacerbating the need for a measuring machine that is increased the demand for the medical pulse oximeter market.

In addition, with an increasing number of educational institutions and hospitals, the rising incidence of heart attack cases is expected to boost the medical pulse oximeter. Therefore, government support contributes to the growth of the biotechnology industry and regional health care by providing tax exemptions for R&D, such as budget increases and funding and attracting foreign direct investment, with the growth in the number of medical devices industries and the advancingindustry, medicalpulse oximeter experience increased demand from these product type facilities.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Product
o By End-Users
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape-CAS Medical Systems Inc., Covidien Plc, Nihon-Koden Co., Nonin Medical Inc., Opto Circuits Ltd., Criticare Systems Inc., and Mediaid Inc.,among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Medical Pulse Oximeter Market is available at:
https://orionmarketreports.com/global-medical-pulse-oximeter-market/95229/

Global Medical Pulse Oximeter Market Report by Segment

By Type
• Fingertip Pulse Oximeter
• Handheld Oximeter
• Fetal Pulse Oximeter
• Other

By End-Users
• Hospital
• Medical Care

By Product
• Equipment
• Sensor

By Application
• Chronic obstructive pulmonary disease (COPD)

Global Medical Pulse Oximeter Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

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This release was published on openPR.