Global Pulse Oximeters Market Key Opportunities, Demand and Trends 2022-2030

Pulse oximeters play a significant role in covid-19 treatment. These handheld or table top/side devices help nurses and doctors to evaluate the oxygen levels in the bloodstream. Therefore, the demand for pulse oximeters along with various other cardiovascular diagnostic devices such as ventilators are witnessing an uptake in the near term.

With the world on high-alert and ubiquitous lockdown of economies, healthcare offers the highest growth potential through 2029. Coronavirus diseases, namely, SARS-CoV-2, and COVID-19, are found to be potentially fatal for a large segment of the geriatric population of the world.

The number of people above the age of 60 will cross 2 billion by 2050, up from 900 million back in 2015. People with underlying health conditions such as heart or lung diseases, and diabetes are at risk of a severe coronavirus infection. The disease exhibits a detrimental effect on patients with low oxygen levels in their blood. On this favorable backdrop, analysts conclude that demand for pulse oximeters will continue to increase in the coming decade.

Even first world countries such as the United States are struggling to battle the COVID-19 pandemic. The United States has confirmed over 2 lakh cases of corona, with more than 5000 deaths. Hospitals and healthcare facilities across the globe are working overtime to test, treat, and ensure full recovery from COVID-19.

Pulse Oximeters to Pave Way for Robust Opportunities

COVID-19 decreases the amount of hemoglobin that can carry oxygen and carbon di-oxide to parts of the body. The efficiency of pulse oximeters to detect changes in the oxygen levels of the bloodstream proves instrumental in effective treatment of the diseases. Due to the inability to exchange oxygen and carbon dioxide, patients exhibit a ground-glass-like lung inflammation.

This further leads to patients contracting diseases such as high-fever, and nausea. However, with the help of pulse oximeters, healthcare professionals can diagnose the distribution of oxygen in the body. Pulse oximeters can then help doctors and nurses in devising treatment methods specific to every individual patient.

Competition Landscape Analysis Reveals Strategic Facets of Pulse Oximeter Market

In a separate section that covers the competition scenario of global Pulse Oximeter landscape, the report provides in-depth profiling of the leading players actively operating in Pulse Oximeter space. Some of the major companies covered in the report include Covidien, CareFusion Corp, GE HEalthcare, Koninklijke Philips NV, Masimo, CASMED, Opto Circuits (India) Limited, Nonin Medical Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Zensorium, Meditech Equipment Co. Ltd., NIHON KOHDEN CORPORATION. Recently, a company named Masimo announced the FDA approval of rainbow Acoustic Monitoring RAS-45 Sensor, specially developed for infants and neonatal patients.

Segmental Assessment of Global Pulse Oximeter Market

The report categorizes the global Pulse Oximeter market into three segments, based on the type of product, type of end-use, and region.

 By Product Type:

  • Finger-tip pulse oximeter
  • Handheld pulse oximeter
  • Others

By End-Use:

  • Hospitals and other healthcare facilities
  • Homecare

Regional Analysis:

  • North America
  • Western Europe
  • Latin America
  • Eastern Europe
  • Japan
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East and Africa (MEA)

 

For more information about this report visit @ https://www.futuremarketinsights.com/reports/pulse-oximeter-market

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