Pulse Oximetry Industry Key Players, Trends, Growth
Opportunities and Industry Forecast till 2025
“The factors that propel the growth of the market include
increasing need for home monitoring, rising cases of
chronic diseases such as obesity, surge in the occurrence
rate of chronic obstructive pulmonary disorder,
cardiovascular disorders, and growing consciousness
about progressive pulse oximeters”
Global pulse oximetry market size is anticipated to reach USD 2,194.72 million by 2022. Pulse Oximeter is a
device that catches pulsatile signal in toe or finger and can calculate the amount of pulse rate and
hemoglobin. The factors that propel the growth of the market include increasing need for home monitoring,
rising cases of chronic diseases such as obesity, surge in the occurrence rate of chronic obstructive pulmonary
disorder, cardiovascular disorders, and growing consciousness about progressive pulse oximeters, increase
in the occurrence rate of chronic obstructive pulmonary disease, upsurge in healthcare spending in the
developing economies, and high demand for proactive monitoring. On the other hand, there are factors that
may hamper the growth of the market including lack of consciousness in emerging regions.
Market could be explored by product type, end users and geography. Market could be explored by product
type as Handheld pulse oximeters, Fingertip pulse oximeters, and Others. The “Handheld pulse oximeters”
segment led the pulse oximetry market in 2015 and will continue to lead in the forecast period. The key
factors that could be attributed to the growth of the market includes an increasing number of surgeries,
usage of vital stats monitoring devices during every procedure and increasing consciousness abou t the
importance of monitoring.
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