Press release
Smart Pulse Oximeters Market To Increase at Steady Growth Rate
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Smart pulse oximeter market has been segmented on the basis of product type, and end user
Smart Pulse Oximeter Market, by Product Type
Finger Pulse Oximeter
Handheld Pulse Oximeter
Paediatric Pulse Oximeter
Wrist Pulse Oximeter
Smart Pulse Oximeter Market, by End User
Hospital
Ambulatory surgical centres
Home Care Setting
The use of pulse oximeter in the home care settings has expanded over the last few years and is expected to register a healthy growth rate during the forecast period
Over the past few years, leading players in the vital sign monitoring devices segment are manufacturing devices with new technology such as Bluetooth which displays the readings in the smartphone. Moreover, the availability of cost effective smart pulse oximeters are the factors driving growth of overall smart pulse oximeter market., World Health Organization (WHO) started safety pulse oximetry project to improve the health in middle-income countries also expected to boost the smart pulse oximeter market. Increasing incidence rates of trauma conditions and increasing prevalence of heart related diseases are also expected to drive the smart pulse oximeter market. However, availability of high end devices to measure the heart rate is expected to hamper the overall market.
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Depending on geographic region, Smart Pulse Oximeter Market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to contribute maximum revenue share in the global market of smart pulse oximeter followed by Europe. Asia Pacific regions are expected to grow at a higher growth rate owing to high occurrence of chronic disease. Middle East & Africa is expected to show a healthy growth rate during forecast period.
Smart Pulse Oximeters Market: Key Players
Key players of smart pulse oximeter market are Nonin Medical Inc, Shenzhen Creative Industry Co.,Ltd, iHealth Labs Inc. Indiegogo, Inc., Technocare Medisystems, Contec Medical Systems Co.,Ltd., and Masimo
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