Smart Pulse Oximeters Market Poised for USD 3.0 billion Revenue by 2031, Says Transparency Market Research

The global 𝐬𝐦𝐚𝐫𝐭 𝐩𝐮𝐥𝐬𝐞 𝐨𝐱𝐢𝐦𝐞𝐭𝐞𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, valued at US$ 1.8 billion in 2022, is forecasted to exhibit a robust CAGR of 6.0% from 2023 to 2031, reaching over US$ 3.0 billion by 2031. Analysts attribute this growth to the high incidence of cardiovascular and respiratory diseases worldwide, spurring the demand for portable medical devices capable of measuring pulse rate and blood oxygen saturation levels.

The rising prevalence of respiratory conditions like chronic obstructive pulmonary disease (COPD) and asthma further fuels market expansion. Additionally, the increasing demand for portable and user-friendly medical devices is anticipated to drive the market's growth throughout the forecast period.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50310&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐊𝐞𝐲 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬-

Contec Medical Systems Co., Ltd., Medtronic plc, GE Healthcare, Nihon Kohden Corporation, Koninklijke Philips N.V., Masimo, OMRON Corporation, ICU Medical, Inc. (Smiths Medical), Renesas Electronics Corporation., and Halma plc

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧-

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Finger Pulse Oximeter
Ring Type

𝐍𝐨𝐧-𝐫𝐢𝐧𝐠 𝐓𝐲𝐩𝐞

Wrist Pulse Oximeter
Others

𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Retail Stores
Online Stores

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬-

𝐈𝐧 𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟎, the University Hospitals announced partnership with Masimo, the U.S.-based health technology and consumer electronics company, to pilot a telehealth solution that is designed to help clinicians care for patients remotely with a finger sensor and phone app. Masimo SafetyNet is a cost-effective patient management system that combines tetherless Radius PPG pulse oximetry with Doctella, a remote patient monitoring app that patients can access from their iOS or Android smart device.

𝐈𝐧 𝐉𝐮𝐧𝐞 𝟐𝟎𝟐𝟑, Owlet, Utah-based healthcare company, received FDA approval for its pulse oximetry sock for infants. BabySat uses pulse oximetry technology in order to monitor a baby's oxygen saturation level as well as heart rate and alerts caregivers when a reading is outside of prescribed ranges.

𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐎𝐟 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=50310&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤-

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

Market penetration and adoption rates across different regions.
Consumer preferences and buying behavior in the healthcare sector.
Competitive pricing strategies and product innovations.
Regulatory landscape and compliance requirements.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The smart pulse oximeters market is expected to witness robust growth driven by advancements in sensor technology, increasing investments in healthcare IT infrastructure, and the growing trend of digital health solutions.

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲: https://www.transparencymarketresearch.com/checkout.php?rep_id=50310<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐂𝐚𝐫𝐝𝐢𝐚𝐜 𝐈𝐦𝐩𝐥𝐚𝐧𝐭𝐚𝐛𝐥𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/06/12/2686467/0/en/Cardiac-Implantable-Electronic-Devices-Market-Surpasses-USD-16-1-Bn-by-2031-Owing-to-Surge-in-Adoption-of-Implantable-Loop-Recorder-Transparency-Market-Research.html

𝐅𝐨𝐨𝐝 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/06/12/2686300/0/en/Food-Processing-Equipment-Market-Size-Worth-69-2-Billion-by-2031-CAGR-5-7-TMR-Report.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Nikhil Sawlani
Transparency Market Research Inc.
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This release was published on openPR.